MANAGEMENT AGREEMENTManagement Agreement • June 29th, 2010 • PFS Funds • Massachusetts
The Trust has been organized to engage in the business of an open-end management investment company. You have been selected to act as the sole investment manager of the Castle Focus Fund (the “Fund”) and to provide certain other services, as more fully set forth below, and you are willing to act as such investment manager and to perform such services under the terms and conditions hereinafter set forth. Accordingly, the Trust agrees with you as follows effective upon the date of the execution of this Agreement.
SERVICES AGREEMENTServices Agreement • June 29th, 2010 • PFS Funds • Massachusetts
AGREEMENT dated as of 6/28 , 2010, between PFS Funds (the “Trust”), a Massachusetts business trust, and Castle Investment Management, LLC (the “Adviser”), a Virginia Limited Liability Company.
INVESTMENT SUB-ADVISORY AGREEMENTInvestment Sub-Advisory Agreement • June 29th, 2010 • PFS Funds • Massachusetts
THIS AGREEMENT is made as of 6/28 , 2010, by and between Castle Investment Management, LLC, a Virginia limited liability company (the “Advisor”), and St. James Investment Company, LLC, a Colorado limited liability company (the “Sub-Advisor”), on behalf of the series of the PFS Funds (the “Trust”) now or hereafter identified on Schedule A (the “Fund”).
DISTRIBUTION AGREEMENTDistribution Agreement • June 29th, 2010 • PFS Funds • New York
THIS AGREEMENT is made as of June 28, 2010, between PFS Funds (“Fund”), a Massachusetts business trust, and Rafferty Capital Markets, LLC, (“RCM”), a corporation organized and existing under the laws of the State of New York.
