0001398344-15-003564 Sample Contracts

DISTRIBUTION AGREEMENT
Distribution Agreement • May 28th, 2015 • BPV Family of Funds • Ohio

This Agreement made as of this 15th day of September, 2014 by and between BPV FAMILY OF FUNDS (the “Trust”), a Delaware statutory trust, and ULTIMUS FUND DISTRIBUTORS, LLC, an Ohio limited liability company (“Distributor”).

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INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • May 28th, 2015 • BPV Family of Funds • Delaware

This Agreement is made and entered into effective as of May 21, 2015, by and between the BPV Family of Funds, a Delaware statutory trust (the “Trust”) on behalf of the BPV Income Opportunities Fund, a series of shares of the Trust (the “Fund”), and BPV Capital Management, LLC, a Delaware limited liability company (the “Adviser”).

MUTUAL FUND SERVICES AGREEMENT
Mutual Fund Services Agreement • May 28th, 2015 • BPV Family of Funds • Ohio

THIS AGREEMENT is made as of this 15th day of September, 2014, by and between BPV FAMILY OF FUNDS (the "Trust"), a Delaware statutory trust, 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.

EXPENSE LIMITATION AGREEMENT BPV FAMILY OF FUNDS
Expense Limitation Agreement • May 28th, 2015 • BPV Family of Funds

This Agreement is into effective as of May 21, 2015, by and between the BPV Income Opportunities Fund (the “Fund”), a series of shares of the BPV Family of Funds, a Delaware statutory trust (the “Trust”) and BPV Capital Management, LLC, a Delaware limited liability company (the “Adviser”).

INVESTMENT SUB-ADVISORY AGREEMENT
Investment Sub-Advisory Agreement • May 28th, 2015 • BPV Family of Funds • Delaware

This Agreement is made and entered into effective as of May 21, 2015, by and between the BPV Family of Funds, a Delaware statutory trust (the “Trust”) on behalf of the BPV Income Opportunities Fund, a series of shares of the Trust (the “Fund”), BPV Capital Management, LLC, a Delaware limited liability company (the “Adviser”) and Altrius Capital Management, Inc., a North Carolina corporation (the “Sub-Adviser”).

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