0001324443-12-000010 Sample Contracts

INVESTMENT ADVISORY AGREEMENT

Investment Advisory Agreement • February 29th, 2012 • American Independence Funds Trust • Delaware

• Contract Type
  Investment Advisory Agreement
• Filed
  February 29th, 2012
• Company
  American Independence Funds Trust
• Jurisdiction
  Delaware

AGREEMENT made as of this 14th day of November, 2005 and amended on June 17, 2011 between American Independence Financial Services, LLC, a limited liability company organized under the laws of the State of Delaware (the "Adviser"), and American Independence Funds Trust, a business trust organized under the laws of the State of Delaware (the “Trust”).

MUTUAL FUND CUSTODY AND SERVICES AGREEMENT

Services Agreement • February 29th, 2012 • American Independence Funds Trust • Pennsylvania

• Contract Type
  Services Agreement
• Filed
  February 29th, 2012
• Company
  American Independence Funds Trust
• Jurisdiction
  Pennsylvania

ADMINISTRATION AGREEMENT

Administration Agreement • February 29th, 2012 • American Independence Funds Trust • New York

• Contract Type
  Administration Agreement
• Filed
  February 29th, 2012
• Company
  American Independence Funds Trust
• Jurisdiction
  New York

THIS AGREEMENT is made as of this 14th day of November, 2005 as amended February 22, 2008,June 26, 2009, April 28, 2010 and June 17, 2011 by and between the American Independence Funds Trust (the "Trust"), a Delaware business trust having its principal place of business at 335 Madison Avenue, Mezzanine, New York, NY 10017, and American Independence Financial Services, LLC ("AIFS"), a limited liability company organized under the laws of the State of Delaware and having its principal place of business at 335 Madison Avenue, Mezzanine, New York, NY 10017.

AMERICAN INDEPENDENCE FUNDS TRUST CLASS A DISTRIBUTION PLAN AND AGREEMENT

Distribution Plan and Agreement • February 29th, 2012 • American Independence Funds Trust

• Contract Type
  Distribution Plan and Agreement
• Filed
  February 29th, 2012
• Company
  American Independence Funds Trust

This Plan and Agreement (the "Plan") constitutes the Distribution Plan for the Class A shares of the portfolio series (each a "Fund" and collectively the "Funds") of American Independence Funds Trust, a Delaware business trust (the "Trust"), adopted pursuant to the provisions of Rule 12b-1 under the Investment Company Act of 1940 (the "Act") and the related agreement between the Trust and Matrix Capital Group, Inc. (the "Distributor"). During the effective term of this Plan, the Fund may incur expenses primarily intended to result in the sale of its Class A shares upon the terms and conditions hereinafter set forth: