CAYMAN INVESTMENT ADVISORY AGREEMENTCayman Investment Advisory Agreement • April 30th, 2015 • Underlying Funds Trust • New York
THIS AGREEMENT is made and entered into as of this 1st day of July, 2014 by and between Scotland Acquisition LLC d/b/a Hatteras Funds, LLC, a Delaware limited liability company (the “Adviser”) and Hatteras Trading Advisors, an exempted company incorporated in the Cayman Islands (“HTA”).
