0001144204-19-016879 Sample Contracts

One Financial Plaza Hartford, CT 06103 800.248.7971 VIRTUS.COM
Sales Agreement • March 29th, 2019 • Virtus Equity Trust

*The Virtus Small-Cap Core Fund and the Virtus KAR Small-Cap Growth Fund are no longer available for purchases to new investors, subject to limited exceptions. These funds continue to be available for purchases by existing investors. See the prospectus and SAI for possible exceptions and additional information.

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TWENTIETH AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT VIRTUS EQUITY TRUST
Expense Limitation Agreement • March 29th, 2019 • Virtus Equity Trust • Delaware

This Twentieth Amended and Restated Expense Limitation Agreement (the “Agreement”), effective as of January 28, 2019, amends and restates that certain Nineteenth Amended and Restated Expense Limitation Agreement effective as of January 25, 2019, by and between Virtus Equity Trust, a Delaware statutory trust (the “Registrant”), on behalf of each series of the Registrant listed in Appendix A (each a “Fund” and collectively, the “Funds”) and the Adviser of each of the Funds, Virtus Investment Advisers, Inc., a Massachusetts corporation (the “Adviser”).

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