0001209286-17-000490 Sample Contracts

WORLD FUNDS TRUST EXPENSE LIMITATION AGREEMENT

Expense Limitation Agreement • August 28th, 2017 • World Funds Trust

• Contract Type
  Expense Limitation Agreement
• Filed
  August 28th, 2017
• Company
  World Funds Trust

EXPENSE LIMITATION AGREEMENT, effective as of the dates set forth on Schedule A 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”).

AMENDED AGREEMENT AND

Declaration of Trust • August 28th, 2017 • World Funds Trust • Delaware

• Contract Type
  Declaration of Trust
• Filed
  August 28th, 2017
• Company
  World Funds Trust
• Jurisdiction
  Delaware

AMENDED AND RESTATED INVESTMENT ADVISORY AGREEMENT Toreador Core Fund Toreador Explorer Fund Toreador International Fund

Investment Advisory Agreement • August 28th, 2017 • World Funds Trust • Delaware

• Contract Type
  Investment Advisory Agreement
• Filed
  August 28th, 2017
• Company
  World Funds Trust
• Jurisdiction
  Delaware

THIS INVESTMENT ADVISORY AGREEMENT is made as of the 10th day of November, 2015 by and between the World Funds Trust, a Delaware statutory trust (the “Trust”), on behalf of the Trust’s series listed in Schedule A (the “Funds”) and Toreador Research and Trading, LLC (the “Advisor”).