0001580642-21-001920 Sample Contracts

APPENDIX III LIST OF FUNDS SERVICES & FEES
Fund Services Agreement • April 29th, 2021 • Arrow Investments Trust

This Appendix III is part of the Fund Services Agreement dated June 11, 2015, as amended (the “Agreement”), between Arrow Investments Trust, Arrow ETF Trust (the “Trusts”) and Gemini Fund Services, LLC (“GFS”). Set forth below are the Services elected by the Fund(s) identified on this Appendix III along with the associated Fees. Capitalized terms used herein that are not otherwise defined shall have meanings ascribed to them in the Agreement.

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Schedule B Fee Schedule
Arrow Investments Trust • April 29th, 2021

This Schedule B is part of the ETF Distribution Agreement effective February 1, 2019 (the “Agreement”) by and between Arrow Investments Trust (the “Trust”), Archer Distributors, LLC (“Archer”) and Northern Lights Distributors, LLC (“NLD”). This Fee Schedule replaces any existing fee schedule with respect to the Fund(s) identified herein.

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