0001162044-18-000438 Sample Contracts

MANAGEMENT AGREEMENT
Management Agreement • July 27th, 2018 • Nile Capital Investment Trust • Ohio

The Trust has been organized to engage in the business of an open-end management investment company. The Trust currently offers four series of shares to investors: Nile Africa, Frontier and Emerging Fund (the “Fund”).

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NILE CAPITAL INVESTMENT TRUST OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT NILE AFRICA, FRONTIER AND EMERGING FUND
And Security Agreement • July 27th, 2018 • Nile Capital Investment Trust • New York

THIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 1ST day of March, 2018, by and between NILE CAPITAL INVESTMENT TRUST, a Delaware statutory trust (the “Trust”), on behalf of the NILE AFRICA, FRONTIER AND EMERGING FUND (the “Fund”) a series of the Trust, and the advisor of the NILE CAPITAL MANAGEMENT, LLC (the “Advisor”).

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