0001162044-18-000324 Sample Contracts

MANAGEMENT AGREEMENT
Management Agreement • May 16th, 2018 • Ranger Funds Investment Trust • Delaware

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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RANGER FUNDS INVESTMENT TRUST AMENDED AND RESTATED OPERATING EXPENSES LIMITATION AGREEMENT Ranger Investment Management, L.P.
Operating Expenses Limitation Agreement • May 16th, 2018 • Ranger Funds Investment Trust • Delaware

WHEREAS, the Adviser renders advice and services to each Fund pursuant to the terms and provisions of a Management Agreement between the Trust and the Adviser dated as of the 14th day of September, 2011, as amended March 5, 2018 (the “Management Agreement”); and

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