0001580642-23-002954 Sample Contracts

EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • May 30th, 2023 • American Pension Investors Trust
Sample 1Sample 2
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Lynchburg, VA 24501 Dear Trustees: Ultimus Fund Distributors, LLC (“Ultimus”) confirms our agreement with you as follows:
Distribution Agreement • May 30th, 2023 • American Pension Investors Trust
Sample 1
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