0000894189-19-003172 Sample Contracts

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • May 23rd, 2019 • Listed Funds Trust • Delaware

This INVESTMENT ADVISORY AGREEMENT (the “Agreement”) is made as of this 13th day of May, 2019 by and between LISTED FUNDS TRUST (the “Trust”), a Delaware statutory trust, and M-CAM INTERNATIONAL LLC, a Virginia limited liability company with its principal place of business at 513 East Main Street, #2014, Charlottesville, Virginia, 22903 (the “Adviser”).

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LISTED FUNDS TRUST
Investment Sub-Advisory Agreement • May 23rd, 2019 • Listed Funds Trust • Delaware

This INVESTMENT SUB-ADVISORY AGREEMENT (the “Agreement”) is made as of this 13th day of May by and between M-CAM INTERNATIONAL LLC, a Virginia limited liability company with its principal place of business at 513 East Main Street, #2014, Charlottesville, Virginia, 22903 (the “Adviser”), LISTED FUNDS TRUST (the “Trust”), and VIDENT INVESTMENT ADVISORY, LLC, a Delaware limited liability company, with its principal place of business located at 1125 Sanctuary Pkwy. Suite 515 Alpharetta, GA 30009 (the “Sub-Adviser”).

DISTRIBUTION AGREEMENT
Distribution Agreement • May 23rd, 2019 • Listed Funds Trust • Delaware

THIS DISTRIBUTION AGREEMENT (the “Agreement”) is between LISTED FUNDS TRUST, a Delaware statutory trust (the “Trust”) and Quasar Distributors, LLC, a Delaware limited liability company (the “Distributor”). M·CAM International, LLC, a Virginia limited liability company (the “Adviser”), the investment adviser to the series of the Trust listed in Schedule A, is a party hereto with respect to Article 5 only.

AUTHORIZED PARTICIPANT AGREEMENT QUASAR DISTRIBUTORS, LLC MILWAUKEE, WI 53202
Authorized Participant Agreement • May 23rd, 2019 • Listed Funds Trust • Delaware

This Authorized Participant Agreement (the “Agreement”) is entered into by and between Quasar Distributors, LLC (the “Distributor”) and [ ] (the “Participant” and, together with the Distributor, the “Parties”) and is subject to acceptance by U.S. Bancorp Fund Services, LLC (the “Index Receipt Agent”) as index receipt agent for Listed Funds Trust (the “Trust”).

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