0001193125-20-056148 Sample Contracts

AMENDMENT 1
1 • February 28th, 2020 • Stone Ridge Trust III

Except as amended hereby, all terms of the Existing Agreement remain in full force and effect. This Amendment includes the amendments in Schedule A and general terms in Schedule B.

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STONE RIDGE ASSET MANAGEMENT LLC
Stone Ridge Trust III • February 28th, 2020

With reference to the Investment Management Agreement entered into by Stone Ridge Asset Management LLC (the “Adviser”) with Stone Ridge Trust III (the “Trust”), on behalf of its series, Stone Ridge All Asset Variance Risk Premium Fund (the “Fund”), on the 23rd day of March, 2015, we hereby notify you as follows:

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