0001398344-13-004956 Sample Contracts

CUSTODY AGREEMENT
Custody Agreement • October 22nd, 2013 • WST Investment Trust • Minnesota

THIS AGREEMENT is made and entered into as of this ___ day of October, 2013, by and between WST INVESTMENT TRUST, a Delaware statutory trust (the “Trust”) acting for and on behalf of each series as are currently authorized and issued by the Trust or may be authorized and issued by the Trust subsequent to the date of this Agreement (each a “Fund” and collectively the “Funds”) and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America (the “Custodian”).

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DISTRIBUTION AGREEMENT
Distribution Agreement • October 22nd, 2013 • WST Investment Trust • Ohio

This Agreement made as of September ____, 2013 by and between WST INVESTMENT TRUST (the “Trust”), a Delaware statutory trust, and ULTIMUS FUND DISTRIBUTORS, LLC, an Ohio limited liability company (“Distributor”).

ADMINISTRATION AGREEMENT
Administration Agreement • October 22nd, 2013 • WST Investment Trust • Ohio

THIS AGREEMENT is made as of this ____ day of September, 2013, by and between WST INVESTMENT TRUST (the “Trust”), a Delaware statutory trust having its principal place of business at 115 West Main Street, Suite 1700, Norfolk, VA 23510, and ULTIMUS FUND SOLUTIONS, LLC (“Ultimus”), a limited liability company organized under the laws of the State of Ohio and having its principal place of business at 225 Pictoria Drive, Suite 450, Cincinnati, Ohio 45246.

FUND ACCOUNTING AGREEMENT
Fund Accounting Agreement • October 22nd, 2013 • WST Investment Trust • Ohio

THIS AGREEMENT is made as of this ____ day of September, 2013, by and between WST INVESTMENT TRUST (the “Trust”), a Delaware statutory trust having its principal place of business at ­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­­115 West Main Street, Suite 1700, Norfolk, VA 23510, and ULTIMUS FUND SOLUTIONS, LLC (“Ultimus”), a limited liability company organized under the laws of the State of Ohio and having its principal place of business at 225 Pictoria Drive, Suite 450, Cincinnati, Ohio 45246.

TRANSFER AGENT AND SHAREHOLDER SERVICES AGREEMENT
Transfer Agent and Shareholder Services Agreement • October 22nd, 2013 • WST Investment Trust • Ohio

THIS AGREEMENT is made as of this ____ day of September, 2013, by and between WST INVESTMENT TRUST (the “Trust”), a Delaware statutory trust having its principal place of business at 115 West Main Street, Suite 1700, Norfolk, VA 23510, and ULTIMUS FUND SOLUTIONS, LLC (“Ultimus”), a limited liability company organized under the laws of the State of Ohio and having its principal place of business at 225 Pictoria Drive, Suite 450, Cincinnati, Ohio 45246.

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • October 22nd, 2013 • WST Investment Trust • Delaware

This Agreement is made and entered into effective as of [ ], 2013, by and between the WST Investment Trust, a Delaware statutory trust (the “Trust”) on behalf of the WST Asset Manager – U.S. Equity Fund, a series of shares of the Trust (the “Fund”), and Wilbanks, Smith & Thomas Asset Management, LLC, a Virginia limited liability company (the “Adviser”).

EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • October 22nd, 2013 • WST Investment Trust

This Agreement is effective as of [ ], 2013, by and between the WST Asset Manager – U.S. Equity Fund (the “Fund”), a series of shares of the WST Investment Trust, a Delaware statutory trust (the “Trust”) and Wilbanks, Smith & Thomas Asset Management, LLC, a Virginia limited liability company (the “Adviser”).

SUBSCRIPTION AGREEMENT
Subscription Agreement • October 22nd, 2013 • WST Investment Trust • Delaware
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