0001193125-12-182281 Sample Contracts

SUBADVISORY AGREEMENT
Subadvisory Agreement • April 25th, 2012 • RiverNorth Funds • Illinois

THIS AGREEMENT is made and entered into as of this day of , 2012, by and between RiverNorth Capital Management, LLC (the “Adviser”), a Delaware limited liability company registered under the Investment Advisers Act of 1940, as amended (the “Advisers Act”) located at 325 N. LaSalle Street, Suite 645, Chicago, Illinois 60654, and Manning & Napier Advisors, LLC (the “Subadviser”), a [state] limited liability company registered under the Advisers Act, located at 290 Woodcliff Drive, Fairport, New York 14450, with respect to the Fund listed on Schedule A hereto (the “Fund”), a series of the RiverNorth Funds, an Ohio statutory trust (the “Trust”).

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MANAGEMENT AGREEMENT
Management Agreement • April 25th, 2012 • RiverNorth Funds • Ohio

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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