AMENDED SCHEDULE A Dated August 31, 2021 to THIRD AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT Dated January 22, 2020 FOR ULTIMUS MANAGERS TRUST
AMENDED SCHEDULE A
Dated August 31, 2021
to
THIRD AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT
Dated January 22, 2020
Maximum Operating Expense Limit*
| Fund Name | Termination Date | |
| U.S. Value ETF | 0.49% | July 30, 2023 |
| Fund Name | Investor Class | Institutional Class | Termination Date | |
| Lyrical U.S. Value Equity Fund | 1.24% | 0.99% | April 1, 2024 | |
| Lyrical International Value Equity Fund | 1.24% | 0.99% | April 1, 2024 |
* Expressed as a percentage of a Fund’s average daily net assets. This amount is exclusive of brokerage costs, taxes, interest, borrowing costs such as interest and dividend expenses on securities sold short, costs to organize the Fund, Acquired Fund fees and expenses, and extraordinary expenses such as litigation and merger or reorganization costs and other expenses not incurred in the ordinary course of such Fund’s business.
IN WITNESS WHEREOF, the parties hereto have executed this Schedule A as of the date first above written.
| ULTIMUS MANAGERS TRUST | LYRICAL ASSET MANAGEMENT LP |
|
By: /s/ Xxxx X. Xxxx |
By: /s/ Xxxxxxx Xxxxx |
| Name: Xxxx X. Xxxx | Name: Xxxxxxx Xxxxx |
| Title: President | Title: Chief Operating Officer |
