0001398344-20-015529 Sample Contracts

CUSTODY AGREEMENT
Custody Agreement • August 11th, 2020 • Waycross Independent Trust • Delaware

THIS AGREEMENT is made and entered into as of the last date on the signature page, by and between WAYCROSS INDEPENDENT TRUST, a Delaware statutory trust, (the “Trust”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America with its principal place of business at Minneapolis, Minnesota (the “Custodian”).

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DISTRIBUTION AGREEMENT
Distribution Agreement • August 11th, 2020 • Waycross Independent Trust • Ohio

THIS DISTRIBUTION AGREEMENT (the “Agreement”) dated as of August 1, 2020, is made and entered into by and between WAYCROSS Independent Trust (the “Trust”), a Delaware statutory trust, on behalf of each series of the Trust set forth on Schedule A attached hereto, and Ultimus Fund Distributors, LLC, an Ohio limited liability company ( the “Distributor”).

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • August 11th, 2020 • Waycross Independent Trust • Ohio

This Investment Advisory Agreement (the “Agreement”) is made and entered into effective as of July 13, 2020, by and between WAYCROSS INDEPENDENT TRUST, a Delaware statutory trust (the “Trust”) on behalf of each series of the Trust set forth on Schedule A attached hereto (individually the “Fund” and collectively the “Funds”), a series of shares of the Trust, and WAYCROSS PARTNERS, LLC, a Kentucky limited liability company (the “Adviser”).

AGREEMENT AND DECLARATION OF TRUST of Waycross Independent Trust A Delaware Statutory Trust Adopted: July 13, 2020
Waycross Independent Trust • August 11th, 2020 • Delaware

AGREEMENT AND DECLARATION OF TRUST is adopted by the Board of Trustees and by the holders of shares of beneficial interest to be issued hereunder on July 13, 2020 (the “Effective Date”).

MASTER SERVICES AGREEMENT
Master Services Agreement • August 11th, 2020 • Waycross Independent Trust • Ohio

This Agreement (the “Master Services Agreement” or “Agreement”), dated September 1, 2020, is between Waycross Independent Trust (the “Trust”), a Delaware statutory trust, and Ultimus Fund Solutions, LLC (“Ultimus”), an Ohio limited liability company.

EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • August 11th, 2020 • Waycross Independent Trust

This Expense Limitation Agreement (the “Agreement”), dated as of July 13, 2020, is made and entered into by and between the WAYCROSS INDEPENDENT Trust, a Delaware statutory trust (the “Trust”), on behalf of the series of the Trust set forth on Schedule A attached hereto (the “Fund”), and WAYCROSS PARTNERS, LLC, a Kentucky limited liability corporation (the “Adviser”).

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