0001398344-10-000372 Sample Contracts

EXPENSE LIMITATION AGREEMENT CONGRESSIONAL EFFECT FAMILY OF FUNDS
Expense Limitation Agreement • March 3rd, 2010 • Congressional Effect Family of Funds

This Agreement is made and entered into effective July 20, 2009, by and between the Congressional Effect Fund (the “Fund”), a series of shares of the Congressional Effect Family of Funds, a Delaware statutory trust (the “Trust”) and Congressional Effect Management, LLC, a Delaware limited liability company (the “Adviser”).

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FIRST AMENDMENT TO EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • March 3rd, 2010 • Congressional Effect Family of Funds

This First Amendment to the Amended and Restated Expense Limitation Agreement ("Amendment") is made and entered into this 3rd day of March 2010, by and between Congressional Effect Management, LLC (the "Advisor") and Congressional Effect Family of Funds (the "Trust"), on behalf of the Congressional Effect Fund (the “Fund”).

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