0001324443-12-000022 Sample Contracts

MUTUAL FUND CUSTODY AND SERVICES AGREEMENT
Services Agreement • March 1st, 2012 • American Independence Funds Trust • Pennsylvania
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AMERICAN INDEPENDENCE FUNDS TRUST CLASS A DISTRIBUTION PLAN AND AGREEMENT
Distribution Plan and Agreement • March 1st, 2012 • 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:

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