0001580642-17-006281 Sample Contracts

NOVATION OF INVESTMENT SUB-ADVISORY AGREEMENT TWO ROADS SHARED TRUST
Investment Sub-Advisory Agreement • November 29th, 2017 • Two Roads Shared Trust

This Novation of Investment Sub-Advisory Agreement (the “Novation Agreement”) is entered into this 28th day of November, 2017 by and among Anfield Capital Management, LLC (“Anfield”), Regents Park Funds, LLC (“Regents Park”), Affinity Investment Advisors, LLC (“Affinity”), and Two Roads Shared Trust (the “Trust”) on behalf of the Affinity Small Cap Fund, a series of the Trust (the “Fund”).

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NOVATION OF OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT TWO ROADS SHARED TRUST
Novation of Operating Expenses Limitation and Security Agreement • November 29th, 2017 • Two Roads Shared Trust

This Novation of Operating Expenses Limitation and Security Agreement (the “Novation Agreement”) is entered into this 28th day of November, 2017 by and among Anfield Capital Management, LLC, an investment adviser registered under the Investment Advisers Act of 1940, as amended (“Anfield”), Regents Park Funds, LLC, an investment adviser registered under the Investment Advisers Act of 1940, as amended (“Regents Park”), and Two Roads Shared Trust, a Delaware statutory trust (the “Trust”) on behalf of the Affinity Small Cap Fund, a series of the Trust (the “Fund”).

NOVATION OF INVESTMENT ADVISORY AGREEMENT TWO ROADS SHARED TRUST
Investment Advisory Agreement • November 29th, 2017 • Two Roads Shared Trust

This Novation of Investment Advisory Agreement (the “Novation Agreement”) is entered into this 28th day of November, 2017 by and among Anfield Capital Management, LLC, an investment adviser registered under the Investment Advisers Act of 1940, as amended (“Anfield”), Regents Park Funds, LLC, an investment adviser registered under the Investment Advisers Act of 1940, as amended (“Regents Park”), and Two Roads Shared Trust, a Delaware statutory trust (the “Trust”) on behalf of the Affinity Small Cap Fund, a series of the Trust (the “Fund”).

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