0001398344-18-003068 Sample Contracts

AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT FOR ULTIMUS MANAGERS TRUST
Expense Limitation Agreement • February 28th, 2018 • Ultimus Managers Trust

THIS AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT (the “Agreement”), dated February, 28 2018, is made and entered into by and between the ULTIMUS MANAGERS TRUST, an Ohio business trust (the “Trust”), on behalf of each series of the Trust set forth on Schedule A attached hereto (each a “Fund”), and Edgemoor Investment Advisors, Inc., a Maryland corporation (the “Adviser”).

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AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT FOR ULTIMUS MANAGERS TRUST
Expense Limitation Agreement • February 28th, 2018 • Ultimus Managers Trust

THIS AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT (the “Agreement”), dated as of January 23, 2018, is made and entered into by and between Ultimus Managers Trust, an Ohio business trust (the “Trust”), on behalf of each series of the Trust set forth on Schedule A attached hereto (each a “Fund” and collectively, the “Funds”), and Barrow Street Advisors, LLC (the “Adviser”).

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