0001193125-14-392004 Sample Contracts

MANAGEMENT AGREEMENT
Management Agreement • October 31st, 2014 • Unified Series Trust • Ohio

The Trust has been organized to engage in the business of a registered open-end investment company. The Trust currently offers several series of shares to investors, one of which is the Spouting Rock/Convex Dynamic Global Macro Fund (the “Fund”).

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INVESTMENT SUB-ADVISORY AGREEMENT
Investment Sub-Advisory Agreement • October 31st, 2014 • Unified Series Trust • Ohio

This AGREEMENT made as of the 11th day of August, 2014, by and between Convex Capital Management LLC, with its principal place of business at 4200 Cantera Drive, Unit 203, Warrenville, IL 60555, (the “Sub-Advisor”), and Spouting Rock Fund Management, located at 100 Matsonford Road, Five Radnor Corporate Center, Suite 441, Radnor, PA 19087 (the “Advisor”).

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