Asset Allocation Fund Sample Contracts

Contract
Asset Allocation Fund • January 15th, 2013 • Starboard Investment Trust

This Operating Plan, made and entered into November 15, 2012, is entered into by and between CV Investment Advisors, LLC (“Advisor”) and The Nottingham Company (“Administrator”) with respect to the CV Asset Allocation Fund (the “Fund”), a series of the Starboard Investment Trust (“Trust”), a Delaware statutory trust.

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