Common use of Tax Provisioning/ASC 740 Compliance fee Clause in Contracts

Tax Provisioning/ASC 740 Compliance fee. Each Fund shall pay UFS $750.00 per calendar quarter for tax provisioning services and ASC 740 Compliance. - Additional fees relating to tax provisioning or tax compliance may arise relative to certain strategies or approaches taken by the adviser with respect to portfolio management. The following are examples of fees that may be charged: - Schedule K-1 fee – for Funds with investments requiring additional processing, including, without limitation, Funds with more than 10 Schedule K-1s or tiered partnerships or private partnerships whereby additional Schedule K-1s are received, each additional K-1 over 10 will be charged at $100 per K-1 received. For tiered partnerships and private partnerships, each K-1 over 10 will be charged a fee of $250 per partnership K-1 received. - Fee for separate tax year from fiscal year – in cases where a Fund elects or is otherwise required to have a tax reporting year-end that is different from its fiscal year-end, an additional $2,000 per year may be charged. - Wholly-owned subsidiary fee – in cases where a Fund elects or is otherwise required to have a wholly-owned subsidiary [for example: controlled foreign corporation/Cayman subsidiary], an additional fee of $1,000 per year may be charged. - Trust Preferred Securities [“TRUPS”] fee – in cases where a Fund holds TRUPS and transactions in total are more than 500 tax lots, an additional fee of $1,000 per year may be charged. If between 501-2,500 tax lots, an additional fee of $2,000 per year may be charged. Transactions over 2,500 tax lots may be charged an additional fee of $5,000 per year. - QCCO and Tax Straddle fee – in cases where a Fund wittingly or unwittingly engages in QCCO or tax straddle transactions, an additional fee of $2,000 per year may be charged. Note: for Funds with significant volume in such transactions an outsourced solution may be preferable and there will be no fee paid to UFS, but rather an expense will be incurred for an unaffiliated servicer. - Equalization service fee – in cases where a Fund elects to utilize a tax equalization strategy, an additional fee of $500-$1,000 per year may be charged. - Distribution estimates fee – in cases where an advisor requests more than 2 estimates in a distribution period [“period” defined as year-end for excise or fiscal purposes], an additional fee of $250-$500 per estimate over 2 may be charged. - Tax diversification testing fee – in cases where a Fund invests in certain investments such as Funds of Funds structures whereby private Funds are held and the look through and aggregation of underlying holdings needs to be completed manually to complete post-trade compliance testing, an additional fee of $500 per month may be charged [for up to 10 underlying Fund look-throughs].

Tax Provisioning/ASC 740 Compliance fee. Each Fund shall pay UFS Ultimus $750.00 [REDACTED] per calendar quarter for tax provisioning services and ASC 740 Compliance. - Additional fees relating to tax provisioning or tax compliance may arise relative to certain strategies or approaches taken by the adviser with respect to portfolio management. The following are examples of fees that may be charged: - Schedule K-1 fee – for Funds with investments requiring additional processing, including, without limitation, Funds with more than 10 Schedule K-1s or tiered partnerships or private partnerships whereby additional Schedule K-1s are received, each additional K-1 over 10 will be charged at $100 per K-1 received. For tiered partnerships and private partnerships, each K-1 over 10 will be charged a fee of $250 per partnership K-1 received. - Fee for separate tax year from fiscal year – in cases where a Fund elects or is otherwise required to have a tax reporting year-end that is different from its fiscal year-end, an additional $2,000 [REDACTED] per year may be charged. - Wholly-owned subsidiary fee – in cases where a Fund elects or is otherwise required to have a wholly-owned subsidiary [for example: controlled foreign corporation/Cayman subsidiary], an additional fee of $1,000 [REDACTED] per year may be charged. - Trust Preferred Securities [“TRUPS”] fee – in cases where a Fund holds TRUPS and transactions in total are more than 500 tax lots, an additional fee of $1,000 [REDACTED] per year may be charged. If between 501-2,500 tax lots, an additional fee of $2,000 [REDACTED] per year may be charged. Transactions over 2,500 tax lots may be charged an additional fee of $5,000 [REDACTED] per year. - QCCO and Tax Straddle fee – in cases where a Fund wittingly or unwittingly engages in QCCO or tax straddle transactions, an additional fee of $2,000 [REDACTED] per year may be charged. Note: for Funds with significant volume in such transactions an outsourced solution may be preferable and there will be no fee paid to UFSUltimus, but rather an expense will be incurred for an unaffiliated servicer. - Equalization service fee – in cases where a Fund elects to utilize a tax equalization strategy, an additional fee of $500-$1,000 [REDACTED]-$[REDACTED] per year may be charged. - Distribution estimates fee – in cases where an advisor requests more than 2 estimates in a distribution period [“period” defined as year-end for excise or fiscal purposes], an additional fee of $250-$500 [REDACTED]-$[REDACTED] per estimate over 2 may be charged. - Tax diversification testing fee – in cases where a Fund invests in certain investments such as Funds of Funds structures whereby private Funds are held and the look through and aggregation of underlying holdings needs to be completed manually to complete post-trade compliance testing, an additional fee of $500 [REDACTED] per month may be charged [for up to 10 underlying Fund look-throughs].

Tax Provisioning/ASC 740 Compliance fee. Each The Fund shall pay UFS Ultimus $750.00 [REDACTED] per calendar quarter for tax provisioning services and ASC 740 Compliance. - Additional fees relating to tax provisioning or tax compliance may arise relative to certain strategies or approaches taken by the adviser with respect to portfolio management. The following are examples of fees that may be charged: - Schedule K-1 fee – for Funds funds with investments requiring additional processing, including, without limitation, Funds funds with more than 10 Schedule K-1s or tiered partnerships or private partnerships whereby additional Schedule K-1s are received, each additional K-1 over 10 will be charged at $100 [REDACTED] per K-1 received. For tiered partnerships and private partnerships, each K-1 over 10 will be charged a fee of $250 [REDACTED] per partnership K-1 received. - Fee for separate tax year from fiscal year – in cases where a Fund fund elects or is otherwise required to have a tax reporting year-end that is different from its fiscal year-end, an additional $2,000 [REDACTED] per year may be charged. - Wholly-owned subsidiary fee – in cases where a Fund fund elects or is otherwise required to have a wholly-owned subsidiary [for example: controlled foreign corporation/Cayman subsidiary], an additional fee of $1,000 per year may be charged. - Trust Preferred Securities [“TRUPS”] fee – in cases where a Fund fund holds TRUPS and transactions in total are more than 500 tax lots, an additional fee of $1,000 per year [REDACTED] may be charged. If between 501-2,500 tax lots, an additional fee of $2,000 per year [REDACTED] may be charged. Transactions over 2,500 tax lots may be charged an additional fee of $5,000 per year[REDACTED]. - QCCO and Tax Straddle fee – in cases where a Fund fund wittingly or unwittingly engages in QCCO or tax straddle transactions, an additional fee of $2,000 per year [REDACTED] may be charged. Note: for Funds funds with significant volume in such transactions an outsourced solution may be preferable and there will be no fee paid to UFSUltimus, but rather an expense will be incurred for an unaffiliated servicer. - Equalization service fee – in cases where a Fund fund elects to utilize a tax equalization strategy, an additional fee of $500-$1,000 per year [REDACTED]-$[REDACTED] may be charged. - Distribution estimates fee – in cases where an advisor requests more than 2 estimates in a distribution period [“period” defined as year-end for excise or fiscal purposes], an additional fee of $250-$500 [REDACTED]-$[REDACTED] per estimate over 2 may be charged. - Tax diversification testing fee – in cases where a Fund fund invests in certain investments such as Funds funds of Funds funds structures whereby private Funds funds are held and the look through and aggregation of underlying holdings needs to be completed manually to complete post-trade compliance testing, an additional fee of $500 [REDACTED] per month may be charged [for up to 10 underlying Fund fund look-throughs].

Tax Provisioning/ASC 740 Compliance fee. Each Fund shall pay UFS Ultimus $750.00 [REDACTED] per calendar quarter for tax provisioning services and ASC 740 Compliance. - Additional fees relating to tax provisioning or tax compliance may arise relative to certain strategies or approaches taken by the adviser with respect to portfolio management. The following are examples of fees that may be charged: - Schedule K-1 fee – for Funds with investments requiring additional processing, including, without limitation, Funds with more than 10 Schedule K-1s or tiered partnerships or private partnerships whereby additional Schedule K-1s are received, each additional K-1 over 10 will be charged at $100 per K-1 received. For tiered partnerships and private partnerships, each K-1 over 10 will be charged a fee of $250 per partnership K-1 received. Guardian – Capitol Series Trust Amendment to Master Services Agreement July 1, 2023 Page 1 - Fee for separate tax year from fiscal year – in cases where a Fund elects or is otherwise required to have a tax reporting year-end that is different from its fiscal year-end, an additional $2,000 [REDACTED] per year may be charged. - Wholly-owned subsidiary fee – in cases where a Fund elects or is otherwise required to have a wholly-owned subsidiary [for example: controlled foreign corporation/Cayman subsidiary], an additional fee of $1,000 [REDACTED] per year may be charged. - Trust Preferred Securities [“TRUPS”] fee – in cases where a Fund holds TRUPS and transactions in total are more than 500 tax lots, an additional fee of $1,000 [REDACTED] per year may be charged. If between 501-2,500 tax lots, an additional fee of $2,000 [REDACTED] per year may be charged. Transactions over 2,500 tax lots may be charged an additional fee of $5,000 [REDACTED] per year. - QCCO and Tax Straddle fee – in cases where a Fund wittingly or unwittingly engages in QCCO or tax straddle transactions, an additional fee of $2,000 [REDACTED] per year may be charged. Note: for Funds with significant volume in such transactions an outsourced solution may be preferable and there will be no fee paid to UFSUltimus, but rather an expense will be incurred for an unaffiliated servicer. - Equalization service fee – in cases where a Fund elects to utilize a tax equalization strategy, an additional fee of $500-$1,000 [REDACTED] - $[REDACTED] per year may be charged. - Distribution estimates fee – in cases where an advisor requests more than 2 estimates in a distribution period [“period” defined as year-end for excise or fiscal purposes], an additional fee of $250-$500 [REDACTED] - $[REDACTED] per estimate over 2 may be charged. - Tax diversification testing fee – in cases where a Fund invests in certain investments such as Funds of Funds structures whereby private Funds are held and the look through and aggregation of underlying holdings needs to be completed manually to complete post-trade compliance testing, an additional fee of $500 [REDACTED] per month may be charged [for up to 10 underlying Fund look-throughs].

Tax Provisioning/ASC 740 Compliance fee. Each The Fund shall pay UFS $750.00 per calendar quarter for tax provisioning services and ASC 740 Compliance. - Additional fees relating to tax provisioning or tax compliance may arise relative to certain strategies or approaches taken by the adviser with respect to portfolio management. The following are examples of fees that may be charged: - Schedule K-1 fee – for Funds with investments requiring additional processing, including, without limitation, Funds with more than 10 Schedule K-1s or tiered partnerships or private partnerships whereby additional Schedule K-1s are received, each additional K-1 over 10 will be charged at $100 per K-1 received. For tiered partnerships and private partnerships, each K-1 over 10 will be charged a fee of $250 per partnership K-1 received. - Fee for separate tax year from fiscal year – in cases where a Fund elects or is otherwise required to have a tax reporting year-end that is different from its fiscal year-end, an additional $2,000 per year may be charged. - Wholly-owned subsidiary fee – in cases where a Fund elects or is otherwise required to have a wholly-owned subsidiary [for example: controlled foreign corporation/Cayman subsidiary], an additional fee of $1,000 per year may be charged. - Trust Preferred Securities [“TRUPS”] fee – in cases where a Fund holds TRUPS and transactions in total are more than 500 tax lots, an additional fee of $1,000 per year may be LIST OF FUNDS SERVICES & FEES charged. If between 501-2,500 tax lots, an additional fee of $2,000 per year may be charged. Transactions over 2,500 tax lots may be charged an additional fee of $5,000 per year5,000. - QCCO and Tax Straddle fee – in cases where a Fund wittingly or unwittingly engages in QCCO or tax straddle transactions, an additional fee of $2,000 per year may be charged. Note: for Funds with significant volume in such transactions an outsourced solution may be preferable and there will be no fee paid to UFS, but rather an expense will be incurred for an unaffiliated servicer. - Equalization service fee – in cases where a Fund elects to utilize a tax equalization strategy, an additional fee of $500-$1,000 per year may be charged. - Distribution estimates fee – in cases where an advisor requests more than 2 estimates in a distribution period [“period” defined as year-end for excise or fiscal purposes], an additional fee of $250-$500 per estimate over 2 may be charged. - Tax diversification testing fee – in cases where a Fund invests in certain investments such as Funds of Funds structures whereby private Funds are held and the look through and aggregation of underlying holdings needs to be completed manually to complete post-trade compliance testing, an additional fee of $500 per month may be charged [for up to 10 underlying Fund look-throughs].

Tax Provisioning/ASC 740 Compliance fee. Each Fund shall pay UFS Ultimus $750.00 [REDACTED] per calendar quarter for tax provisioning services and ASC 740 Compliance. - Additional fees relating to tax provisioning or tax compliance may arise relative to certain strategies or approaches taken by the adviser with respect to portfolio management. The following are examples of fees that may be charged: - Schedule K-1 fee – for Funds with investments requiring additional processing, including, without limitation, Funds with more than 10 Schedule K-1s or tiered partnerships or private partnerships whereby additional Schedule K-1s are received, each additional K-1 over 10 will be charged at $100 [REDACTED] per K-1 received. For tiered partnerships and private partnerships, each K-1 over 10 will be charged a fee of $250 [REDACTED] per partnership K-1 received. - Fee for separate tax year from fiscal year – in cases where a Fund elects or is otherwise required to have a tax reporting year-end that is different from its fiscal year-end, an additional $2,000 [REDACTED] per year may be charged. - Wholly-owned subsidiary fee – in cases where a Fund elects or is otherwise required to have a wholly-owned subsidiary [for example: controlled foreign corporation/Cayman subsidiary], an additional fee of $1,000 [REDACTED] per year may be charged. - Trust Preferred Securities [“TRUPS”] fee – in cases where a Fund holds TRUPS and transactions in total are more than 500 tax lots, an additional fee of $1,000 [REDACTED] per year may be charged. If between 501-2,500 tax lots, an additional fee of $2,000 [REDACTED] per year may be charged. Transactions over 2,500 tax lots may be charged an additional fee of $5,000 [REDACTED] per year. - QCCO and Tax Straddle fee – in cases where a Fund wittingly or unwittingly engages in QCCO or tax straddle transactions, an additional fee of $2,000 [REDACTED] per year may be charged. Note: for Funds with significant volume in such transactions an outsourced solution may be preferable and there will be no fee paid to UFSUltimus, but rather an expense will be incurred for an unaffiliated servicer. - Equalization service fee – in cases where a Fund elects to utilize a tax equalization strategy, an additional fee of $500-$1,000 [REDACTED]-$[REDACTED] per year may be charged. - Distribution estimates fee – in cases where an advisor requests more than 2 estimates in a distribution period [“period” defined as year-end for excise or fiscal purposes], an additional fee of $250-$500 [REDACTED]-$[REDACTED] per estimate over 2 may be charged. - Tax diversification testing fee – in cases where a Fund invests in certain investments such as Funds of Funds structures whereby private Funds are held and the look through and aggregation of underlying holdings needs to be completed manually to complete post-trade compliance testing, an additional fee of $500 [REDACTED] per month may be charged [for up to 10 underlying Fund look-throughs].

Tax Provisioning/ASC 740 Compliance fee. Each The Fund shall pay UFS Ultimus $750.00 _____ per calendar quarter for tax provisioning services and ASC 740 Compliance. Centaur Mutual Funds Trust - Additional fees relating to tax provisioning or tax compliance may arise relative to certain strategies or approaches taken by the adviser with respect to portfolio management. The following are examples of fees that may be charged: - Schedule K-1 fee – for Funds with investments requiring additional processing, including, without limitation, Funds with more than 10 Schedule K-1s or tiered partnerships or private partnerships whereby additional Schedule K-1s are received, each additional K-1 over 10 will be charged at $100 ___ per K-1 received. For tiered partnerships and private partnerships, each K-1 over 10 will be charged a fee of $250 ____ per partnership K-1 received. - Fee for separate tax year from fiscal year – in cases where a Fund elects or is otherwise required to have a tax reporting year-end that is different from its fiscal year-end, an additional $2,000 _____ per year may be charged. - Wholly-owned subsidiary fee – in cases where a Fund elects or is otherwise required to have a wholly-owned subsidiary [for example: controlled foreign corporation/Cayman subsidiary], an additional fee of $1,000 per year _____ may be charged. - Trust Preferred Securities [“"TRUPS”"] fee – in cases where a Fund holds TRUPS and transactions in total are more than 500 tax lots, an additional fee of $1,000 per year _____ may be charged. If between 501-2,500 tax lots, an additional fee of $2,000 per year _____ may be charged. Transactions over 2,500 tax lots may be charged an additional fee of $5,000 per year_____. - QCCO and Tax Straddle fee – in cases where a Fund wittingly or unwittingly engages in QCCO or tax straddle transactions, an additional fee of $2,000 per year _____ may be charged. Note: for Funds with significant volume in such transactions an outsourced solution may be preferable and there will be no fee paid to UFSUltimus, but rather an expense will be incurred for an unaffiliated servicer. - Equalization service fee – in cases where a Fund elects to utilize a tax equalization strategy, an additional fee of $500-$1,000 per year ______ may be charged. - Distribution estimates fee – in cases where an advisor requests more than 2 estimates in a distribution period [“"period” " defined as year-end for excise or fiscal purposes], an additional fee of $250-$500 ______ per estimate over 2 may be charged. - Tax diversification testing fee – in cases where a Fund invests in certain investments such as Funds of Funds structures whereby private Funds are held and the look through and aggregation of underlying holdings needs to be completed manually to complete post-trade compliance testing, an additional fee of $500 _____ per month may be charged [for up to 10 underlying Fund look-throughs].

Tax Provisioning/ASC 740 Compliance fee. Each The Fund shall pay UFS Ultimus $750.00 495.00 per calendar quarter for tax provisioning services and ASC 740 Compliance. - Additional fees relating to tax provisioning or tax compliance may arise relative to certain strategies or approaches taken by the adviser with respect to portfolio management. The following are examples of fees that may be charged: - Schedule K-1 fee – for Funds with investments requiring additional processing, including, without limitation, Funds with more than 10 Schedule K-1s or tiered partnerships or private partnerships whereby additional Schedule K-1s are received, each additional K-1 over 10 will be charged at $100 per K-1 received. For tiered partnerships and private partnerships, each K-1 over 10 will be charged a fee of $250 per partnership K-1 received. - Fee for separate tax year from fiscal year – in cases where a Fund elects or is otherwise required to have a tax reporting year-end that is different from its fiscal year-end, an additional $2,000 per year may be charged. - Wholly-owned subsidiary fee – in cases where a Fund elects or is otherwise required to have a wholly-owned subsidiary [for example: controlled foreign corporation/Cayman subsidiary], an additional fee of $1,000 per year may be charged. - Trust Preferred Securities [“TRUPS”] fee – in cases where a Fund holds TRUPS and transactions in total are more than 500 tax lots, an additional fee of $1,000 per year may be charged. If between 501-2,500 tax lots, an additional fee of $2,000 per year may be charged. Transactions over 2,500 tax lots may be charged an additional fee of $5,000 per year5,000. - QCCO and Tax Straddle fee – in cases where a Fund wittingly or unwittingly engages in QCCO or tax straddle transactions, an additional fee of $2,000 per year may be charged. Note: for Funds with significant volume in such transactions an outsourced solution may be preferable and there will be no fee paid to UFSUltimus, but rather an expense will be incurred for an unaffiliated servicer. - Equalization service fee – in cases where a Fund elects to utilize a tax equalization strategy, an additional fee of $500-$1,000 per year may be charged. - Distribution estimates fee – in cases where an advisor requests more than 2 estimates in a distribution period [“period” defined as year-end for excise or fiscal purposes], an additional fee of $250-$500 per estimate over 2 may be charged. - Tax diversification testing fee – in cases where a Fund invests in certain investments such as Funds of Funds structures whereby private Funds are held and the look through and aggregation of underlying holdings needs to be completed manually to complete post-trade compliance testing, an additional fee of $500 per month may be charged [for up to 10 underlying Fund look-throughs].

Tax Provisioning/ASC 740 Compliance fee. Each The Fund shall pay UFS Ultimus $750.00 per calendar quarter for tax provisioning services and ASC 740 Compliance. - Additional fees relating to tax provisioning or tax compliance may arise relative to certain strategies or approaches taken by the adviser with respect to portfolio management. The following are examples of fees that may be charged: - Schedule K-1 fee – for Funds with investments requiring additional processing, including, without limitation, Funds with more than 10 Schedule K-1s or tiered partnerships or private partnerships whereby additional Schedule K-1s are received, each additional K-1 over 10 will be charged at $100 per K-1 received. For tiered partnerships and private partnerships, each K-1 over 10 will be charged a fee of $250 per partnership K-1 received. - Fee for separate tax year from fiscal year – in cases where a the Fund elects or is otherwise required to have a tax reporting year-end that is different from its fiscal year-end, an additional $2,000 per year may be charged. - Wholly-owned subsidiary fee – in cases where a the Fund elects or is otherwise required to have a wholly-owned subsidiary [for example: controlled foreign corporation/Cayman subsidiary], an additional fee of $1,000 per year may be charged. - Trust Preferred Securities [“TRUPS”] fee – in cases where a the Fund holds TRUPS and transactions in total are more than 500 tax lots, an additional fee of $1,000 per year may be charged. If between 501-2,500 tax lots, an additional fee of $2,000 per year may be charged. Transactions over 2,500 tax lots may be charged an additional fee of $5,000 per year. - QCCO and Tax Straddle fee – in cases where a the Fund wittingly or unwittingly engages in QCCO or tax straddle transactions, an additional fee of $2,000 per year may be charged. Note: for Funds with significant volume in such transactions an outsourced solution may be preferable and there will be no fee paid to UFSUltimus, but rather an expense will be incurred for an unaffiliated servicer. - Equalization service fee – in cases where a the Fund elects to utilize a tax equalization strategy, an additional fee of $500-$1,000 per year may be charged. - Distribution estimates fee – in cases where an advisor requests more than 2 estimates in a distribution period [“period” defined as year-end for excise or fiscal purposes], an additional fee of $250-$500 per estimate over 2 may be charged. - Tax diversification testing fee – in cases where a the Fund invests in certain investments such as Funds of Funds structures whereby private Funds are held and the look through and aggregation of underlying holdings needs to be completed manually to complete post-trade compliance testing, an additional fee of $500 per month may be charged [for up to 10 underlying Fund look-throughs].