0001144204-14-045537 Sample Contracts

Contract
Custodian Agreement • July 29th, 2014 • Realty Capital Income Funds Trust • California

This Custodian Agreement (“Agreement”) is made as of May 30 , 2013 by and between Realty Capital Income Funds Trust ("Principal") and Union Bank, N.A. ("Custodian").

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INVESTMENT SUB-ADVISORY AGREEMENT
Investment Sub-Advisory Agreement • July 29th, 2014 • Realty Capital Income Funds Trust • Delaware

THIS INVESTMENT SUB-ADVISORY AGREEMENT ("Agreement"), made this 1st day of April , 2014 by and between National Fund Advisors, LLC, a Delaware limited liability company (the "Adviser"), and SEL Asset Management, LLC, a limited liability company organized under Delaware law (the "Sub-Adviser").

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