SERVICES AGREEMENT Rocky Peak Small Cap Value FundServices Agreement • March 30th, 2012 • PFS Funds • Massachusetts
Contract Type FiledMarch 30th, 2012 Company JurisdictionAGREEMENT dated as of March 30, 2012, between PFS Funds (the “Trust”), a Massachusetts business trust, and Rocky Peak Capital Management, LLC (the “Adviser”), a California Limited Liability Company.
MANAGEMENT AGREEMENT ROCKY PEAK SMALL CAP VALUE FUNDManagement Agreement • March 30th, 2012 • PFS Funds • Massachusetts
Contract Type FiledMarch 30th, 2012 Company JurisdictionThe Trust has been organized to engage in the business of an open-end management investment company. You, Rocky Peak Capital Management, LLC (“Adviser,” “you” and “your”) have been selected to act as the sole investment manager of the Rocky Peak Small Cap Value 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.