0001580642-22-006446 Sample Contracts

INVESTMENT SUB-ADVISORY AGREEMENT
Investment Sub-Advisory Agreement • December 27th, 2022 • Two Roads Shared Trust • New York

This INVESTMENT SUB-ADVISORY AGREEMENT (“Agreement”), effective as of December 20th, 2022, is by and among Vident Investment Advisory, LLC (the “Sub-Adviser”), Two Roads Shared Trust (the “Trust”), on behalf of the Hypatia Women CEO ETF, a series of the Trust (the “Fund”), and Hypatia Capital Management LLC (the “Adviser”).

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INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • December 27th, 2022 • Two Roads Shared Trust

This INVESTMENT ADVISORY AGREEMENT (the “Agreement”) dated December 20, 2022, is made by and between Two Roads Shared Trust, a Delaware statutory trust (the “Trust”), and Hypatia Capital Management LLC (the “Adviser”). This Agreement will confirm the agreement between the Trust and Adviser as follows:

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