0001398344-13-002157 Sample Contracts

DISTRIBUTION AGREEMENT
Distribution Agreement • April 30th, 2013 • Stewart Capital Mutual Funds • Wisconsin

THIS AGREEMENT is made as of this 30th day of April, 2013, by and between Stewart Capital Mutual Funds, a Delaware statutory trust (the “Trust”), and UMB Distribution Services, LLC, a Wisconsin limited liability company (“Distributor”).

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UMB DISTRIBUTION SERVICES, LLC Milwaukee, Wisconsin 53233 DEALER AGREEMENT FOR THE SALE OF SHARES OF STEWART CAPITAL MUTUAL FUNDS
Dealer Agreement • April 30th, 2013 • Stewart Capital Mutual Funds • Wisconsin

This Dealer Agreement (the “Agreement”) has been adopted pursuant to Rule 12b-1 under the 1940 Act by the Trust on behalf of the Funds under a Distribution and Service Plan (the “Plan”) adopted pursuant to said Rule. This Agreement, being made between UMB Distribution Services, LLC (the “Distributor”) and the undersigned authorized dealer, relates to the services to be provided by the authorized dealer and for which it is entitled to receive payments pursuant to the Plan.

EXPENSE LIMITATION AGREEMENT STEWART CAPITAL MUTUAL FUNDS
Expense Limitation Agreement • April 30th, 2013 • Stewart Capital Mutual Funds

This EXPENSE LIMITATION AGREEMENT, is made as of April 30, 2013 by and between Stewart Capital Advisors, LLC (the "Adviser") and Stewart Capital Mutual Funds on behalf of its series Stewart Capital Mid Cap Fund (the "Fund").

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