0001162044-15-000404 Sample Contracts

EXHIBIT D FIRST AMENDED MANAGEMENT AGREEMENT
Management Agreement • April 30th, 2015 • Ancora Trust

THIS FIRST AMENDED MANAGEMENT AGREEMENT (“Management Agreement”) is made and entered into the 18th day of August, 2014, by and between Ancora Trust (the “Trust”) and Ancora Advisors LLC (the “Investment Advisor”). Each of the Trust and the Investment Advisor may be referred to herein as a “Party” or collectively as the “Parties.”

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EXHIBIT h1 ADMINISTRATION AGREEMENT June 5, 2014
Administration Agreement • April 30th, 2015 • Ancora Trust • Ohio

Ancora Trust (the “Trust”), an Ohio business trust consisting of separate series of funds including Ancora Income Fund, Ancora Equity Fund, Ancora/Thelen Small-Mid Cap Fund, Ancora MicroCap Fund and Ancora Special Opportunity Fund (each a “Fund” collectively the “Funds”) and The Ancora Group Inc. (“Administrator”) agree as follows:

EXHIBIT h5 FOURTH AMENDMENT TO FEE WAIVER AGREEMENT
Fee Waiver Agreement • April 30th, 2015 • Ancora Trust

THIS FOURTH AMENDMENT TO FEE WAIVER AGREEMENT (this “Amendment”) is made and entered into effective as of April 30, 2015 between Ancora Advisors LLC (the “Advisor”) and Ancora Trust (the “Trust”), on behalf of certain series of the Trust set forth in Schedule A attached hereto (each a “Fund,” and collectively, the “Funds”).

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