Profit Funds Investment Trust Sample Contracts

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RECITALS
Management Agreement • January 28th, 2009 • Profit Funds Investment Trust
TABLE OF CONTENTS -----------------
Agency and Service Agreement • November 8th, 1996 • Profit Funds Investment Trust • Massachusetts
MANAGEMENT AGREEMENT
Management Agreement • May 24th, 2011 • Profit Funds Investment Trust • Delaware

THIS MANAGEMENT AGREEMENT is made this 14th day of December, 2010, between Profit Funds Investment Trust (the "Trust"), a business trust organized under the laws of the Commonwealth of Massachusetts, and Profit Investment Management, LLC (the "Manager"), a limited liability company organized under the laws of the State of Delaware.

ADDENDUM TO MANAGEMENT AGREEMENT
Addendum to Management Agreement • December 15th, 2010 • Profit Funds Investment Trust

Addendum dated December 14, 2010 to the Management Agreement (the “Agreement”) between Profit Funds Investment Trust (the “Trust”), on behalf of The Profit Fund (the “Fund”), and Profit Investment Management (the “Adviser”).

ADDENDUM TO MANAGEMENT AGREEMENT
Addendum to Management Agreement • December 1st, 2009 • Profit Funds Investment Trust

Addendum dated November 20, 2009 to the Management Agreement (the “Agreement”) between Profit Funds Investment Trust (the “Trust”), on behalf of The Profit Fund (the “Fund”), and Profit Investment Management (the “Adviser”).

EXPENSE LIMITATION AGREEMENT PROFIT INVESTMENT MANAGEMENT, LLC Silver Spring, MD 20910
Expense Limitation Agreement • October 1st, 2010 • Profit Funds Investment Trust
ADDENDUM TO MANAGEMENT AGREEMENT
Addendum to Management Agreement • May 28th, 2010 • Profit Funds Investment Trust

Addendum dated November 20, 2009 to the Management Agreement (the “Agreement”) between Profit Funds Investment Trust (the “Trust”), on behalf of The Profit Fund (the “Fund”), and Profit Investment Management (the “Adviser”).

EXPENSE LIMITATION AGREEMENT PROFIT INVESTMENT MANAGEMENT, LLC Silver Spring, MD 20910
Expense Limitation Agreement • December 15th, 2010 • Profit Funds Investment Trust • Maryland
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ADDENDUM TO MANAGEMENT AGREEMENT
Addendum to Management Agreement • October 1st, 2010 • Profit Funds Investment Trust

Addendum dated December __, 2010 to the Management Agreement (the “Agreement”) between Profit Funds Investment Trust (the “Trust”), on behalf of The Profit Fund (the “Fund”), and Profit Investment Management (the “Adviser”).

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