0000894189-17-003694 Sample Contracts

PROFESSIONALLY MANAGED PORTFOLIOS OPERATING EXPENSES LIMITATION AGREEMENT
Operating Expenses Limitation Agreement • July 28th, 2017 • Professionally Managed Portfolios • Delaware

THIS OPERATING EXPENSES LIMITATION AGREEMENT (this “Agreement”) is effective as of the 1st day of April, 2017, by and between Professionally Managed Portfolios, a Massachusetts business trust (the “Trust”), on behalf of the series of the Trust listed on Appendix A which may be amended from time to time (the “Fund”), and the Advisor of the Fund, Hodges Capital Management, Inc. (the “Advisor”).

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PROFESSIONALLY MANAGED PORTFOLIOS OPERATING EXPENSES LIMITATION AGREEMENT
Professionally Managed Portfolios • July 28th, 2017
PROFESSIONALLY MANAGED PORTFOLIOS INDEFINITE OPERATING EXPENSES LIMITATION AGREEMENT
Professionally Managed Portfolios • July 28th, 2017

Appendix A approved by the Board of Trustees: December 19, 2012; amended November 11-12, 2013 to add the Hodges Small Intrinsic Value Fund, and the Hodges Small-Mid Cap Fund; amended August 8, 2016 to remove the Hodges Small Cap Fund and reflect the name change of the Hodges Blue Chip Equity Income Fund.

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