0001398432-23-000014 Sample Contracts

AQUILA HIGH INCOME FUND EXPENSE LIMITATION AND RECOUPMENT AGREEMENT
Expense Limitation and Recoupment Agreement • April 20th, 2023 • Aquila Funds Trust

THIS AGREEMENT, made as of July 1, 2022 by and among AQUILA HIGH INCOME FUND, a Massachusetts business trust registered under the Investment Company Act of 1940 (the “Fund”) and AQUILA INVESTMENT MANAGEMENT LLC, a Delaware limited liability company (the “Manager”), 120 West 45th Street, Suite 3600, New York, New York 10036.

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