Arrow Investments Trust Operating Expenses Limitation Agreement Sample Contracts

ARROW INVESTMENTS TRUST OPERATING EXPENSES LIMITATION AGREEMENT ARROW INVESTMENT ADVISORS, LLC
Arrow Investments Trust Operating Expenses Limitation Agreement • November 5th, 2014 • Arrow Investments Trust • New York

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the 25TH day of September, 2014, by and between ARROW INVESTMENTS TRUST, a Delaware statutory trust (the “Trust”), on behalf of the series listed on Appendix A hereto, (the “Funds”), each a series of the Trust, and the Advisor of the Fund, Arrow Investment Advisors, LLC (the “Advisor”).

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ARROW INVESTMENTS TRUST OPERATING EXPENSES LIMITATION AGREEMENT ARROW INVESTMENT ADVISORS, LLC
Arrow Investments Trust Operating Expenses Limitation Agreement • February 23rd, 2012 • Arrow Investments Trust • New York

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the 18TH day of January, 2012, by and between ARROW INVESTMENTS TRUST, a Delaware statutory trust (the “Trust”), on behalf of the Arrow Commodity Strategy Fund, (the “Fund”) a series of the Trust, and the Advisor of the Fund, Arrow Investment Advisors, LLC (the “Advisor”).

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