EXHIBIT D FIRST AMENDED MANAGEMENT AGREEMENTFirst Amended Management Agreement • April 30th, 2015 • Ancora Trust
THIS FIRST AMENDED MANAGEMENT AGREEMENT (“Management Agreement”) is made and entered into the 18th day of August, 2014, by and between Ancora Trust (the “Trust”) and Ancora Advisors LLC (the “Investment Advisor”). Each of the Trust and the Investment Advisor may be referred to herein as a “Party” or collectively as the “Parties.”
