INVESTMENT ADVISORY AGREEMENTInvestment Advisory Agreement • May 27th, 2016 • Arrow ETF Trust • New York
Contract Type FiledMay 27th, 2016 Company JurisdictionAgreement made as of January 19, 2012, as amended and restated February 8, 2016, between ARROW ETF TRUST, a Delaware statutory trust (“Trust”), and ARROW INVESTMENT ADVISORS, LLC (“Adviser”), a Delaware limited liability company registered as an investment adviser under the Investment Advisers Act of 1940, as amended (“Advisers Act”).