0001162044-14-001410 Sample Contracts

SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • November 21st, 2014 • Mutual Fund Series Trust • New York

SUB-ADVISORY AGREEMENT, dated as of November 26, 2012 between Catalyst Capital Advisors LLC, a New York limited liability corporation (the "Adviser"), and Princeton Advisory Group, Inc., a New Jersey corporation (the “Sub-Adviser”).

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SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • November 21st, 2014 • Mutual Fund Series Trust • New York

This SUB-ADVISORY AGREEMENT, between Catalyst Capital Advisors LLC, a New York limited liability corporation (the "Adviser"), and ITB Capital Advisors, LLC, a Florida limited liability corporation (the “Sub-Adviser”) is dated as of August 26, 2014.

Expense Limitation Agreement November 6, 2014
Expense Limitation Agreement • November 21st, 2014 • Mutual Fund Series Trust

You have engaged us to act as the sole investment adviser to the Catalyst Funds listed on Exhibit A (each a “Fund” and together the “Funds”) pursuant to a Management Agreement dated as of July 31, 2006 (the “Agreement”) as amended.

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