PERSHING LLC One Pershing Plaza Jersey City, NJ 07399 ADDENDUM # 1 TO AMENDED AND RESTATED OPERATING AGREEMENTOperating Agreement • October 28th, 2013 • Sa Funds Investment Trust
This Addendum No. 1 (the “Addendum”) to the Amended and Restated Operating Agreement (“Operating Agreement”) dated as of August 1, 2013 by and among Pershing LLC (“Clearing Broker”), Loring Ward Securities Inc. (“Distributor”), and SA Funds – Investment Trust on behalf of each fund listed on Schedule A attached thereto is made on this 1st day of August, 2013 by and among Clearing Broker, Distributor, as agent (the “Fund Agent”) and the Fund(s) listed on Schedule 1 hereto (each a “Fund” and collectively, “Funds”). This addendum supplements and is part of the Operating Agreement. All Capitalized terms used in this Addendum and not Otherwise defined herein have the definitions assigned to them in the Operating Agreement.
Pershing LLC One Pershing Plaza Jersey City, NJ 07399 AMENDED AND RESTATED OPERATING AGREEMENTOperating Agreement • October 28th, 2013 • Sa Funds Investment Trust • New York
This Operating Agreement (the “Agreement”) is made effective as of this 1st day of August, 2013, by and among SA Funds – Investment Trust on behalf of each of the funds listed on Schedule A attached hereto which may be amended by mutual agreement of the parties in writing (“Funds”), Loring Ward Securities Inc. (“Distributor”), a Delaware corporation, and Pershing LLC (“Clearing Broker”), a Delaware limited liability company.
