0001162044-11-001125 Sample Contracts

DISTRIBUTION AGREEMENT
Distribution Agreement • November 21st, 2011 • Satuit Capital Management Trust • New York

THIS AGREEMENT is made as of _______________, between ________________ (“Fund”), a __________________________, and Rafferty Capital Markets, LLC, (“RCM”), a corporation organized and existing under the laws of the State of New York.

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INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • November 21st, 2011 • Satuit Capital Management Trust • New York

THIS INVESTMENT ADVISORY AGREEMENT is made as of the [INSERT EFFECTIVE DATE OF REGISTRATION STATEMENT], by and between SATUIT CAPITAL MANAGEMENT TRUST, a Delaware statutory trust (the “Trust”), on behalf of each series set forth on Appendix A (each, a “Fund” and collectively, the “Funds”), which Appendix may be amended from time to time, and SATUIT FUNDS MANAGEMENT, LLC, a Delaware limited liability company (the “Adviser”).

OPERATING SERVICES AGREEMENT
Operating Services Agreement • November 21st, 2011 • Satuit Capital Management Trust • Delaware

THIS AGREEMENT is made and entered into as of this ___ day of ________, 2011 by and between Satuit Funds Administrator, LLC, a Delaware limited liability company (the “Administrator”) and Satuit Capital Management Trust, a Delaware statutory trust (the “Trust”), on behalf of each of its series set forth on Appendix A hereto (the “Funds”).

EXPENSE LIMITATION AGREEMENT SATUIT CAPITAL MANAGEMENT TRUST Satuit Capital U.S. Small Cap Fund Satuit Capital U.S. SMID Cap Fund
Expense Limitation Agreement • November 21st, 2011 • Satuit Capital Management Trust

This EXPENSE LIMITATION AGREEMENT, effective as of _______________, is by and between Satuit Funds Management, LLC (the Advisor) and Satuit Capital Management Trust (the “Trust”), on behalf of each of Satuit Capital U.S. Small Cap Fund and Satuit Capital U.S. SMID Cap Fund (the “Funds” and each, a “Fund”).

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