0001398344-17-003605 Sample Contracts

FORM OF SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • March 16th, 2017 • Exchange Listed Funds Trust • Delaware

SUB-ADVISORY AGREEMENT (the "Agreement") made as of this 15th of March 2017 by and between Exchange Traded Concepts, LLC, an Oklahoma limited liability company, with its principal place of business at 10900 Hefner Pointe Dr. Ste. 207 Oklahoma City, OK 73120 (the "Adviser") and Saba Capital Management, L.P. ("Saba"), a limited partnership with its principal place of business at 405 Lexington Avenue, 58th Floor, NY, NY 10174 (the "Sub-Adviser"), with respect to each series of the Trust identified on Schedule A to this Agreement (each a "Fund" and collectively, the "Funds").

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ADVISORY AGREEMENT
Advisory Agreement • March 16th, 2017 • Exchange Listed Funds Trust • Delaware

ADVISORY AGREEMENT (the “Agreement”) made as of this 12th day of June, 2015 by and between EXCHANGE LISTED FUNDS TRUST (the “Trust”), a Delaware statutory trust registered as an investment company under the Investment Company Act of 1940, as amended (the “1940 Act”), and EXCHANGE TRADED CONCEPTS, LLC, an Oklahoma limited liability company with its principal place of business at 10900 Hefner Pointe Drive, Suite 207, Oklahoma City, Oklahoma 73120 (the “Adviser”).

Custody Agreement SCHEDULE II SERIES
Custody Agreement • March 16th, 2017 • Exchange Listed Funds Trust
Foreign Custody Manager Agreement SCHEDULE II SERIES
Foreign Custody Manager Agreement • March 16th, 2017 • Exchange Listed Funds Trust
THIRD AMENDMENT TO EXCHANGE LISTED FUNDS TRUST ETF DISTRIBUTION AGREEMENT
Etf Distribution Agreement • March 16th, 2017 • Exchange Listed Funds Trust • Delaware

This Third Amendment (“Amendment”) to the Distribution Agreement dated as of May 23, 2013 (the “Agreement”), by and between Exchange Listed Funds Trust (the "Trust") and Foreside Fund Services, LLC (Distributor," and together with the Trust, the "Parties") is entered into as of February 28, 2017 (the “Effective Date”).

Fund Administration and
Fund Administration and Accounting Agreement • March 16th, 2017 • Exchange Listed Funds Trust
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