0001193125-17-021581 Sample Contracts

DISTRIBUTION AGREEMENT
Distribution Agreement • January 27th, 2017 • Advisers Investment Trust • Delaware

THIS AGREEMENT is made and entered into as of this 31st day of July, 2016 by and between Advisers Investment Trust on behalf of the funds advised by Independent Franchise Partners, LLP, an Ohio business trust (the “Client”) and BHIL Distributors, LLC, a Delaware limited liability company (the “Distributor”).

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BHIL Distributors, LLC DEALER AGREEMENT
Dealer Agreement • January 27th, 2017 • Advisers Investment Trust • Delaware

As the distributor of the shares (“Shares”) of each investment company portfolio (“Fund”), of the investment company or companies referenced above and set forth on Appendix A (collectively, “Company”) which may be amended by us from time to time, BHIL Distributors, LLC (“Distributor”) hereby invites you to participate in the selling group on the following terms and conditions. In this letter, the terms “we,” “us,” and similar words refer to the Distributor, and the terms “you,” “your,” and similar words and “Dealer” refer to the dealer executing this agreement, including its associated persons.

AMENDED AND RESTATED TRANSFER AGENCY AND SERVICE AGREEMENT BETWEEN ADVISERS INVESTMENT TRUST AND THE NORTHERN TRUST COMPANY
Transfer Agency and Service Agreement • January 27th, 2017 • Advisers Investment Trust • Illinois

AGREEMENT made as of this 14th day of December, 2016, by and between Advisers Investment Trust, a business trust organized under the laws of the state of Ohio with its principal place of business at 690 Taylor Road, Suite 210, Gahanna, Ohio, 43230 (the “Trust”), acting on its own behalf and on behalf of each of its series listed in Schedule A, and THE NORTHERN TRUST COMPANY, a Illinois State Bank having its principal office and place of business at 50 S. LaSalle Street, Chicago, Illinois 60603 (the “Transfer Agent”).

By-Laws of Advisers Investment Trust
Advisers Investment Trust • January 27th, 2017
AMENDED AND RESTATED FUND ADMINISTRATION AND ACCOUNTING SERVICES AGREEMENT BETWEEN ADVISERS INVESTMENT TRUST AND THE NORTHERN TRUST COMPANY December 14, 2016
Accounting Services Agreement • January 27th, 2017 • Advisers Investment Trust • Illinois

AGREEMENT made as of December 14, 2016 by and between Advisers Investment Trust (the “Trust”) on behalf of the series managed by Independent Franchise Partners, LLP and listed on Schedule D (the “Fund”), an Ohio business trust, and The Northern Trust Company (“Northern”), an Illinois corporation.

AMENDED AND RESTATED INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • January 27th, 2017 • Advisers Investment Trust • Ohio

AMENDED and RESTATED AGREEMENT made this 10th day of March, 2016, between Advisers Investment Trust (the “Trust”), an Ohio business trust having its principal place of business at 325 John H. McConnell Boulevard, Suite 150, Columbus, Ohio 43215, and Independent Franchise Partners, LLP, (the “Investment Adviser”), an investment adviser having its principal place of business at Level 1, 10 Portman Square, London W1H 6AZ, United Kingdom.

DISTRIBUTION SERVICES AGREEMENT
Distribution Services Agreement • January 27th, 2017 • Advisers Investment Trust • Delaware

THIS AGREEMENT made this 31st day of July, 2016, by and between Independent Franchise Partners, LLP (the “Adviser”), and BHIL Distributors, LLC, a Delaware limited liability company (the “Distributor”).

EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • January 27th, 2017 • Advisers Investment Trust

THIS AGREEMENT, dated as of January 31, 2017, is made and entered into by and between Advisers Investment Trust, an Ohio business trust (the “Trust”), on behalf of the funds (each a “Fund”) set forth on Schedule A attached hereto, as such Schedule A may be amended from time to time, and Independent Franchise Partners, LLP, a limited liability partnership organized in the United Kingdom (the “Adviser”);

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