0001193125-18-052011 Sample Contracts

MANAGEMENT AGREEMENT
Management Agreement • February 21st, 2018 • Unified Series Trust

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 Silk Invest New Horizons Frontier Fund (the “Fund”).

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UNIFIED SERIES TRUST OPERATING EXPENSE LIMITATION AGREEMENT SILK INVEST NEW HORIZONS FRONTIER FUND
Operating Expense Limitation Agreement • February 21st, 2018 • Unified Series Trust • Ohio

THIS OPERATING EXPENSE LIMITATION AGREEMENT (the “Agreement”) is effective as of the day of , 2018, by and between UNIFIED SERIES TRUST, an Ohio business trust (the “Trust”), on behalf of each series of the Trust set forth on Appendix A attached hereto (each a “Fund” and collectively the “Funds”) and the investment adviser of the Funds, Silk Invest Limited (the “Adviser”).

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