0000891092-17-003999 Sample Contracts

AMENDED AND RESTATED INVESTMENT ADVISORY AGREEMENT HORIZONS ETF TRUST I
Investment Advisory Agreement • May 19th, 2017 • Horizons ETF Trust I • Delaware

AGREEMENT, made this 27th day of January, 2017, and amended and restated on the 9th day of March, 2017, among Horizons ETF Trust I (“Trust”), on behalf of its series set forth on Schedule A, as may be amended from time to time (each, a “Fund” and, together, the “Funds”) and Horizons ETFs Management (US) LLC, a Delaware limited liability company (“Adviser”).

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FOURTH AMENDMENT TO ETF DISTRIBUTION AGREEMENT
Etf Distribution Agreement • May 19th, 2017 • Horizons ETF Trust I • Delaware

This fourth amendment (“Amendment”) to the ETF Distribution Agreement dated as of April 1, 2015 (the “Agreement”), by and between Horizons ETF Trust 1 (f/k/a Recon Capital Series Trust) (the “Trust”), and Foreside Fund Services, LLC (“Distributor”), is entered into as of May 16, 2017 (the “Effective Date”).

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