0001193125-12-069943 Sample Contracts

MANAGEMENT AGREEMENT

Management Agreement • February 21st, 2012 • Americafirst Quantitative Funds • New York

• Contract Type
  Management Agreement
• Filed
  February 21st, 2012
• Company
  Americafirst Quantitative Funds
• Jurisdiction
  New York

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.

AMERICAFIRST QUANTITATIVE FUNDS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT AMERICAFIRST QUANTITATIVE FUNDS

Operating Expenses Limitation and Security Agreement • February 21st, 2012 • Americafirst Quantitative Funds • New York

• Contract Type
  Operating Expenses Limitation and Security Agreement
• Filed
  February 21st, 2012
• Company
  Americafirst Quantitative Funds
• Jurisdiction
  New York

THIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 8th day of February, 2012, by and between AMERICAFIRST QUANTITATIVE FUNDS, a Delaware business trust (the “Trust”), on behalf of the AmericaFirst Quantitative Strategies Fund, the AmericaFirst Absolute Return Fund, AmericaFirst Income Trends Fund and the AmericaFirst Defensive Growth Fund (each a “Fund” and together the “Funds”), each a series of the Trust, and America First Capital Management, LLC (the “Advisor”), the advisor of the Funds.