ContractConsulting Agreement • January 12th, 2022 • VELA Funds
Contract Type FiledJanuary 12th, 2022 CompanyCertain information has been excluded from this exhibit because it (i) is not material and (ii) would be competitively harmful if publicly disclosed.
SECOND AMENDMENT TO MASTER SERVICES AGREEMENTMaster Services Agreement • January 12th, 2022 • VELA Funds
Contract Type FiledJanuary 12th, 2022 CompanyTHIS SECOND Amendment TO MASTER SERVICES AGREEMENT (this “Amendment”) is effective as of November 1, 2021, and is made by and among VELA Investment Management, LLC (the “Adviser”), a Delaware limited liability company, VELA Funds (the “Trust”), a Delaware statutory trust, and Ultimus Fund Solutions, LLC (“Ultimus”), a limited liability company organized under the laws of the state of Ohio.