0001464413-14-000203 Sample Contracts

EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • August 1st, 2014 • Starboard Investment Trust

This Expense Limitation Agreement ("Expense Limitation Agreement") is made and entered into effective as April 24, 2014 by and between the Starboard Investment Trust, a Delaware statutory trust (the "Trust"), on behalf of its series portfolio, the Sirius S&P Strategic Large-Cap Allocation Fund (the "Fund"), and Sirius Funds Advisors, Inc., a Delaware corporation (the "Advisor").

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