Ranger Funds Investment Trust Sample Contracts

MANAGEMENT AGREEMENT
Management Agreement • June 28th, 2019 • Ranger Funds Investment Trust • Delaware

The Trust has been organized to engage in the business of an open-end management investment company. The Trust currently offers several series of shares to investors.

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DISTRIBUTION AGREEMENT
Distribution Agreement • November 22nd, 2017 • Ranger Funds Investment Trust • Delaware

THIS AGREEMENT is made and entered into as of November 10, 2017, by and between Ranger Funds Investment Trust, a Delaware statutory trust (the “Client”) and Foreside Fund Services, LLC, a Delaware limited liability company (the “Distributor”).

Amended and Restated By-Laws of RANGER FUNDS INVESTMENT TRUST
Ranger Funds Investment Trust • November 30th, 2021
TRI-PARTY AGREEMENT FOR DISTRIBUTION SERVICES
Tri-Party Agreement for Distribution Services • November 29th, 2019 • Ranger Funds Investment Trust • Delaware

THIS AGREEMENT is made as of November 10, 2019, between Ranger Funds Investment Trust (the “Trust” and/or Investment Company ”IC”, or “Fund”), a Delaware statutory Trust/IC, Ranger Investment Management, LP the Registered Investment Advisor (the “RIA”) a Delaware limited partnership, and Arbor Court Capital (“ACC”), a limited liability corporation organized and existing under the laws of the State of Ohio.

AGREEMENT AND DECLARATION OF TRUST of
Agreement and Declaration of Trust • July 1st, 2011 • Ranger Funds Investment Trust • Delaware
TRANSFER AGENT AGREEMENT
Transfer Agent Agreement • September 28th, 2011 • Ranger Funds Investment Trust • Ohio

THIS AGREEMENT is made and entered into this 14th day of September, 2011, by and between the Ranger Funds Investment Trust (the “Trust”), a Delaware business trust having its principal place of business at 300 Crescent Court, Suite 1100, Dallas, Texas, 75201, and Mutual Shareholder Services, LLC, a Delaware Limited Liability Company (“MSS”).

MANAGEMENT AGREEMENT
Management Agreement • November 30th, 2021 • Ranger Funds Investment Trust

You have been selected to act as the sole investment manager of each series of the Trust set forth on the Exhibits to this Agreement (each, a “Fund,” collectively, the “Funds”) and to provide certain other services, as more fully set forth below, and you are willing to act as such investment manager and to perform such services under the terms and conditions hereinafter set forth. Accordingly, the Trust agrees with you as follows effective upon the date of the execution of this Agreement.

RANGER FUNDS INVESTMENT TRUST AMENDED AND RESTATED OPERATING EXPENSES LIMITATION AGREEMENT Ranger Investment Management, L.P.
Operating Expenses Limitation Agreement • November 30th, 2020 • Ranger Funds Investment Trust • Delaware

WHEREAS, the Adviser renders advice and services to each Fund pursuant to the terms and provisions of a Management Agreement between the Trust and the Adviser dated as of the 14th day of September, 2011, as amended March 5, 2018 (the “Management Agreement”); and

RANGER FUNDS INVESTMENT TRUST OPERATING EXPENSES LIMITATION AGREEMENT RG Alts, LP
Operating Expenses Limitation Agreement • September 8th, 2020 • Ranger Funds Investment Trust • Delaware

WHEREAS, the Adviser renders advice and services to the Fund pursuant to the terms and provisions of a Management Agreement between the Trust and the Adviser dated as of June 27, 2019 (the “Management Agreement”); and

RANGER FUNDS INVESTMENT TRUST AMENDED & RESTATED OPERATING EXPENSES LIMITATION AGREEMENT RANGER INTERNATIONAL MANAGEMENT (TX), LP
Operating Expenses Limitation Agreement • November 23rd, 2016 • Ranger Funds Investment Trust • Delaware

WHEREAS, the Adviser renders advice and services to each Fund pursuant to the terms and provisions of a Management Agreement between the Trust and the Adviser dated as of the 14th day of September, 2011 (the “Management Agreement”); and

SECOND AMENDMENT TO DISTRIBUTION AGREEMENT
Distribution Agreement • June 28th, 2019 • Ranger Funds Investment Trust • Delaware

This second amendment (“Amendment”) to the Distribution Agreement (the “Agreement”) dated as of November 10, 2017 by and between Ranger Funds Investment Trust (the “Client”) and Foreside Fund Services, LLC (“Foreside”) is entered into as of July 1, 2019 (the “Effective Date”).

ACCOUNTING SERVICES AGREEMENT
Accounting Services Agreement • September 28th, 2011 • Ranger Funds Investment Trust • Ohio

THIS AGREEMENT is made and entered into this 14th day of September, 2011, by and between the Ranger Funds Investment Trust (the “Trust”), a Delaware business trust having its principal place of business at 300 Crescent Court, Suite 1100, Dallas, Texas 75201 , and Mutual Shareholder Services, LLC, a Delaware Limited Liability Company (“MSS”).

THIRD AMENDMENT TO THE RANGER FUNDS INVESTMENT TRUST CUSTODY AGREEMENT
Custody Agreement • June 28th, 2019 • Ranger Funds Investment Trust

THIS THIRD AMENDMENT, effective as of June 19, 2019, to the Custody Agreement, dated as of September 9, 2011, (the “Agreement”), is entered into by and between RANGER FUNDS INVESTMENT TRUST, a Delaware statutory trust (the “Trust”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association (the “Custodian”).

SUBSCRIPTION AGREEMENT BETWEEN THE FUNDS AND THE INVESTOR RANGER SMALL CAP FUND RANGER QUEST FOR INCOME AND GROWTH FUND LETTER OF INVESTMENT INTENT
Subscription Agreement • September 28th, 2011 • Ranger Funds Investment Trust

Effective September 14, 2011, the undersigned (the "Purchaser") hereby subscribes to purchase a beneficial interest ("Interest") in the RANGER SMALL CAP FUND and RANGER QUEST FOR INCOME AND GROWTH FUND, each in the amount of $50,000.00 for 5,000 shares at net asset value of $10.00 per share, in consideration for which the Purchaser agrees to transfer to you upon demand cash in the amount of $100,000.00.

MANAGEMENT SERVICES AGREEMENT
Management Services Agreement • November 28th, 2023 • Ranger Funds Investment Trust

This MANGEMENT SERVICES AGREEMENT (the “Agreement”) is made and entered into as of the 5th day of October, 2023 (the “Effective Date”) by and between Ranger Funds Investment Trust, a Delaware statutory trust (the “Trust”), and Ranger Asset Management Company, LLC, an Oklahoma limited liability company (the “Company”).

RANGER FUNDS INVESTMENT TRUST OPERATING EXPENSES LIMITATION AGREEMENT Ranger International Management, LP
Trust Operating Expenses Limitation Agreement • November 29th, 2019 • Ranger Funds Investment Trust • Delaware

WHEREAS, the Adviser renders advice and services to each Fund pursuant to the terms and provisions of a Management Agreement between the Trust and the Adviser dated as of the 14th day of September, 2011 (the “Management Agreement”); and

DISTRIBUTION AGREEMENT
Distribution Agreement • November 4th, 2011 • Ranger Funds Investment Trust • Delaware

THIS AGREEMENT is made as of October 18, 2011, between Ranger Funds Investment Trust (“Trust”), a Delaware Trust and Rafferty Capital Markets, LLC, (“RCM”), a corporation organized and existing under the laws of the State of New York.

SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • September 26th, 2011 • Ranger Funds Investment Trust • Delaware

Agreement made as of the 14th day of September, 2011 by and between Ranger International Management (TX), L.P. a Delaware limited partnership (“Adviser”), and Ranger International Management, L.P., a Delaware limited partnership (“Sub-Adviser”).

CUSTODY AGREEMENT
Custody Agreement • September 26th, 2011 • Ranger Funds Investment Trust • Minnesota

THIS AGREEMENT is made and entered into as of this 9th day of September, 2011, by and between RANGER FUNDS INVESTMENT TRUST, a Delaware statutory trust (the “Trust”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America (the “Custodian”).

RANGER FUNDS INVESTMENT TRUST OPERATING EXPENSES LIMITATION AGREEMENT
Limitation Agreement • September 28th, 2011 • Ranger Funds Investment Trust • Delaware

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the 14th day of September, 2011, by and between RANGER FUNDS INVESTMENT TRUST, a Delaware statutory trust (the “Trust”), on behalf of each series of the Trust listed in Appendix A (each a “Fund” and together, the "Funds"), and the investment adviser of each Fund, Ranger International Management (TX), LP (the “Adviser”).

MANAGEMENT AGREEMENT
Management Agreement • September 8th, 2020 • Ranger Funds Investment Trust • Texas

The Company has been organized to engage in the business of a special purpose vehicle that holds and trades certain securities and instruments for the benefit of RG Aurum+ Fund (the “Fund”), a series of the Ranger Funds Investment Trust (the “Trust”), an open-end management investment company.

RANGER FUNDS INVESTMENT TRUST OPERATING EXPENSES LIMITATION AGREEMENT
Operating Expenses Limitation Agreement • September 28th, 2011 • Ranger Funds Investment Trust • Delaware

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the 14th day of September, 2011, by and between RANGER FUNDS INVESTMENT TRUST, a Delaware statutory trust (the “Trust”), on behalf of each series of the Trust listed in Appendix A (each a “Fund” and together, the "Funds"), and the investment adviser of each Fund, Ranger Investment Management, L.P. (the “Adviser”).

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