0001580642-21-005602 Sample Contracts

FUND SERVICES AGREEMENT between ARROW INVESTMENTS TRUST and
Fund Services Agreement • November 29th, 2021 • Arrow Investments Trust • New York

THIS FUND SERVICES AGREEMENT (the “Agreement”) made as of the 27th day of September, 2021, by and between ARROW INVESTMENTS TRUST, a Delaware statutory trust having its principal office and place of business at 6100 Chevy Chase Drive, Suite 100, Laurel, Maryland 20707 (the "Trust") and ULTIMUS FUND SOLUTIONS, LLC, an Ohio limited liability company having its principal office and place of business at 225 Pictoria Drive, Suite 450, Cincinnati, Ohio 45246 (“UFS”). This Agreement replaces and supersedes all prior understandings and agreements between the parties hereto for the services described below.

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FUND SERVICES AGREEMENT between ARROW INVESTMENTS TRUST, ARROW ETF TRUST and
Fund Services Agreement • November 29th, 2021 • Arrow Investments Trust • New York

THIS FUND SERVICES AGREEMENT (this “Agreement”) made as of the 27th day of September, 2021, by and between ARROW INVESTMENTS TRUST, a Delaware statutory trust having its principal office and place of business at 6100 Chevy Chase Drive, Suite 100, Laurel, MD 20707, ARROW ETF TRUST, a Delaware statutory trust having its principal office and place of business at 6100 Chevy Chase Drive, Suite 100, Laurel, MD 20707 (each a “Trust” and together the "Trusts") and ULTIMUS FUND SOLUTIONS, LLC, an Ohio limited liability company having its principal office and place of business at 225 Pictoria Drive, Suite 450, Cincinnati, Ohio 45246 (“UFS”). This Agreement replaces and supersedes all prior understandings and agreements between the parties hereto for the services described below.

ASSIGNMENT OF CUSTODY AGREEMENT
Assignment of Custody Agreement • November 29th, 2021 • Arrow Investments Trust

THIS AGREEMENT (the “Assignment”), is made and entered into as of this ____ day of ______, 2021 among (the "Trust"), a Delaware statutory trust, MUFG Union Bank, N.A. (“Union Bank”), and U.S. Bank, N.A. (“U.S. Bank”), each a national banking association organized and existing under the laws of the United States of America.

AUTHORIZED PARTICIPANT AGREEMENT
Authorized Participant Agreement • November 29th, 2021 • Arrow Investments Trust • New York

AUTHORIZED PARTICIPANT AGREEMENT (this "Agreement”) dated as of ____________, is between Archer Distributors, LLC ("Distributor"), Arrow Investment Trust and Arrow ETF Trust (the "Trust") on behalf of its series listed on Schedule I, as amended from time to time (each a "Fund" and, collectively, the "Funds") and __________________. (the "Participant"), and is subject to acceptance by Brown Brothers Harriman & Co., the index receipt agent ("Index Receipt Agent") for the Trust.

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