Trust Operating Expense Limitation Agreement Sample Contracts

SARATOGA ADVANTAGE TRUST OPERATING EXPENSE LIMITATION AGREEMENT
Trust Operating Expense Limitation Agreement • December 1st, 2016 • Saratoga Advantage Trust • Delaware

THIS OPERATING EXPENSE LIMITATION AGREEMENT (the “Agreement”) is effective as of the 10th day of November 2016, by and between Saratoga Advantage Trust, (the “Trust”), on behalf of the James Alpha Equity Hedge Portfolio, a series of the Trust (the “Fund”), and James Alpha Advisors, LLC, the investment adviser to the Fund (the “Manager”).

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SARATOGA ADVANTAGE TRUST OPERATING EXPENSE LIMITATION AGREEMENT
Trust Operating Expense Limitation Agreement • December 28th, 2017 • Saratoga Advantage Trust • Delaware

THIS OPERATING EXPENSE LIMITATION AGREEMENT (the “Agreement”) is effective as of the 29th day of December, 2017, by and between the Saratoga Advantage Trust, (the “Trust”), on behalf of the Conservative Balanced Allocation Portfolio, Moderately Conservative Balanced Allocation Portfolio, Moderate Balanced Allocation Portfolio, Moderately Aggressive Balanced Allocation Portfolio and Aggressive Balanced Allocation Portfolio, each a series of the Trust (the “Portfolio” or, collectively the “Portfolios”), and Saratoga Capital Management, LLC, the investment adviser to the Portfolios (the “Manager”).

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