INVESTMENT ADVISORY AGREEMENTInvestment Advisory Agreement • December 27th, 2016 • Ultimus Managers Trust • Ohio
Contract Type FiledDecember 27th, 2016 Company JurisdictionThis Investment Advisory Agreement (the “Agreement”) is made and entered into effective as of October 10, 2016, by and between Ultimus Managers Trust, an Ohio business trust (the “Trust”) on behalf of each series of the Trust set forth on Schedule A attached hereto (individually the “Fund” and collectively the “Funds”), a series of shares of the Trust, and Stralem & Company Incorporated, a Delaware corporation (the “Adviser”).