0001398344-18-017044 Sample Contracts

investment ADVISORY AGREEMENT
Investment Advisory Agreement • November 27th, 2018 • Advisors' Inner Circle Fund III • Delaware

INVESTMENT ADVISORY AGREEMENT (the “Agreement”) made as of this 16th day of November, 2018, by and between The Advisors’ Inner Circle Fund III (the “Trust”), a Delaware statutory trust registered as an investment company under the Investment Company Act of 1940, as amended (the “1940 Act”), and Mesirow Financial Investment Management, Inc. (the “Adviser”), an Illinois corporation, with the Adviser’s principal place of business at 353 North Clark Street, Chicago, Illinois 60654.

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FORM OF ADVISOR COMPLEX SCHEDULE
Advisor Complex Schedule • November 27th, 2018 • Advisors' Inner Circle Fund III

This ADVISOR COMPLEX SCHEDULE (this “Schedule”) to the Agreement (as amended, the “Agreement”) originally made as of the 12th day of March, 2014, by and between THE ADVISORS’ INNER CIRCLE FUND III, a business trust existing under the laws of the State of Delaware, having its principal place of business at One Freedom Valley Road, Oaks, Pennsylvania 19456 (the "Trust”) and DST SYSTEMS, INC., a corporation existing under the laws of the State of Delaware, having its principal place of business at 333 West 11th Street, 5th Floor, Kansas City, Missouri 64105 ("DST") is entered into by and between DST and the Trust as of the [ ] day of [ ] 2018.

EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • November 27th, 2018 • Advisors' Inner Circle Fund III • Delaware

EXPENSE LIMITATION AGREEMENT, effective as of November 16, 2018, by and between Mesirow Financial Investment Management, Inc. (the “Adviser”) and The Advisors’ Inner Circle Fund III (the “Trust”) (the “Agreement”), on behalf of the series of the Trust set forth in Schedule A attached hereto (each, a “Fund” and together, the “Funds”).

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