0001464413-10-000082 Sample Contracts

CARITAS ALL-CAP GROWTH FUND AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • September 28th, 2010 • Starboard Investment Trust

This Amended and Restated Expense Limitation Agreement (“Expense Limitation Agreement”) is made and entered into effective as of September 1, 2010 by and between the Starboard Investment Trust, a Delaware statutory trust (the “Trust”), on behalf of its series portfolio, the Caritas All-Cap Growth Fund (the “Fund”), and Caritas Capital, LLC, a North Carolina limited liability company (the “Advisor”), and is amending and restating in its entirety the Original Expense Limitation Agreement dated July 16, 2009.

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