0001162044-11-000906 Sample Contracts

SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • September 26th, 2011 • Ranger Funds Investment Trust • Delaware

Agreement made as of the 14th day of September, 2011 by and between Ranger International Management (TX), L.P. a Delaware limited partnership (“Adviser”), and Ranger International Management, L.P., a Delaware limited partnership (“Sub-Adviser”).

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CUSTODY AGREEMENT
Custody Agreement • September 26th, 2011 • Ranger Funds Investment Trust • Minnesota

THIS AGREEMENT is made and entered into as of this 9th day of September, 2011, by and between RANGER FUNDS INVESTMENT TRUST, a Delaware statutory trust (the “Trust”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America (the “Custodian”).

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