FORM OF TRADING AGREEMENTForm of Trading Agreement • April 29th, 2016 • Hatteras Alternative Mutual Funds Trust • Delaware
Contract Type FiledApril 29th, 2016 Company JurisdictionTHIS AGREEMENT is made and entered into as of this 5th day of January, 2016, by and among Hatteras Funds, LP, a Delaware limited partnership (formerly a Delaware limited liability company known as Hatteras Funds, LLC) (the “Advisor”), Centurion Investment Management, LLC, a Delaware limited liability company (the “Trader”), and the Underlying Funds Trust, a Delaware statutory trust (the “Trust”) on behalf of the Managed Futures Portfolio (the “Fund”).