0001162044-07-000590 Sample Contracts

MANAGEMENT AGREEMENT
Management Agreement • September 28th, 2007 • Catalyst Funds • New York

The Trust has been organized to engage in the business of an open-end management investment company. The Trust currently offers several series of shares to investors.

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DISTRIBUTION AGREEMENT American First Income Strategies Fund
Distribution Agreement • September 28th, 2007 • Catalyst Funds • New York

THIS DISTRIBUTION AGREEMENT (the "Agreement") is made as of the 20th day of August 2007 by and among the Catalyst Funds (the “Fund”), an Ohio Business Trust, on behalf of its separate series, the American First Income Strategies Fund and America First Prestige Fund, America First Capital Management, LLC (the "Adviser"), a California limited liability Company and Matrix Capital Group (the "Distributor"), a New York corporation.

CATALYST FUNDS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT AMERICA FIRST FUNDS
And Security Agreement • September 28th, 2007 • Catalyst Funds • New York

THIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 28th day of September, 2007, by and between CATALYST FUNDS, an Ohio business trust (the “Trust”), on behalf of the America First Income Strategies Fund and the America First Prestige Fund (the “Funds”), each a series of the Trust, and America First Capital Management, LLC (the “Advisor”), the advisor of the Fund.

CUSTODY AGREEMENT BETWEEN THE HUNTINGTON NATIONAL BANK AND
Custody Agreement • September 28th, 2007 • Catalyst Funds
Amendment Number 3 to the Investment Company Services Agreement On behalf of its series, America First Income Strategies Fund and America First Prestige Fund
Investment Company Services Agreement • September 28th, 2007 • Catalyst Funds

This Amendment Number 3, dated September 25, 2007 to Investment Company Services Agreement ("Agreement") dated April 28, 2006 between the Catalyst Funds, an Ohio Business Trust and Matrix Capital Group, a New York Corporation, is adopted to provide the following:

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