0001209286-16-001163 Sample Contracts

WORLD FUNDS TRUST EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • June 30th, 2016 • World Funds Trust

EXPENSE LIMITATION AGREEMENT, effective as of March 1, 2016 by and between Toreador Research and Trading, LLC (the “Adviser”) and World Funds Trust (the “Trust”) (“Agreement”), on behalf of the series of the Trust set forth in Schedule A attached hereto (each a “Fund,” and collectively, the “Funds”).

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INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • June 30th, 2016 • World Funds Trust • Delaware

INVESTMENT ADVISORY AGREEMENT (the “Agreement”) made as of this 1st day of March, 2016 by and between World Funds Trust (the “Trust”), a Delaware statutory trust registered as an investment company under the Investment Company Act of 1940, as amended (the “1940 Act”), and Toreador Research and Trading, LLC (the “Adviser”), a Delaware limited liability company with its principal place of business in Kew West, Florida.

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