0000910472-13-000046 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between ADVISORS PREFERRED TRUST and ADVISORS PREFERRED LLC
Investment Advisory Agreement • January 4th, 2013 • Advisors Preferred Trust • Maryland

AGREEMENT, made as of November 27, 2012 between Advisors Preferred Trust, a Delaware statutory trust (the "Trust"), and Advisors Preferred LLC , a Maryland limited liability company (the "Adviser") located at 1445 Research Blvd, Suite 530, Rockville, MD 20850.

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CUSTODY AGREEMENT
Custody Agreement • January 4th, 2013 • Advisors Preferred Trust • Minnesota

THIS AGREEMENT is made and entered into as of this 4th day of January, 2013, by and between ADVISORS PREFERRED 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”).

FUND SERVICES AGREEMENT between ADVISORS PREFERRED TRUST and
Fund Services Agreement • January 4th, 2013 • Advisors Preferred Trust • New York

THIS FUND SERVICES AGREEMENT (this “Agreement”) effective as of the __ day of November, 2012, by and between ADVISORS PREFERRED TRUST, a Delaware statutory trust having its principal office and place of business at 1445 Research Boulevard, Suite 530, Rockville, Maryland 20850 (the "Trust") and GEMINI FUND SERVICES, LLC, a Nebraska limited liability company having its principal office and place of business at 17605 Wright Street, Suite 2, Omaha, Nebraska 68130 (“GFS”). This Agreement replaces and supersedes all prior understandings and agreements between the parties hereto for the services described below.

SUBADVISORY AGREEMENT
Subadvisory Agreement • January 4th, 2013 • Advisors Preferred Trust • Delaware

THIS AGREEMENT is made and entered into as of the 27th day of November, 2012, by and between Advisors Preferred, LLC (the “Adviser”), a Maryland limited liability company registered under the Investment Advisers Act of 1940, as amended (the “Advisers Act”), and Price Capital Management, Inc., a corporation domiciled in the state of Louisiana (the “Subadviser”) (the Adviser and the Subadviser, collectively, the “Parties”) and also registered under the Advisers Act, with respect to OnTrack Core Fund (the “Fund”), a series of the ADVISORS PREFERRED TRUST, a Delaware statutory trust (the “Trust”).

CONSULTING AGREEMENT
Consulting Agreement • January 4th, 2013 • Advisors Preferred Trust • New York

This Consulting Agreement (the “Agreement”) is effective November 27, 2012 between NORTHERN LIGHTS COMPLIANCE SERVICES, LLC, a Nebraska limited liability company located at 450 Wireless Boulevard, Hauppauge, NY 11788 (“NLCS”) and ADVISORS PREFERRED TRUST a registered investment company organized as a Delaware statutory trust, located at 1445 Research Boulevard, Suite 530, Rockville, Maryland 20850 (the "Trust"), on behalf of each portfolio series listed on the attached Appendix A, as may be amended from time to time (each a “Fund” and collectively “Funds”).

By-Laws of Advisers Preferred Trust
Advisors Preferred Trust • January 4th, 2013
ReFlow Fund, LLC Participating Fund Agreement
Participating Fund Agreement • January 4th, 2013 • Advisors Preferred Trust • California

AGREEMENT dated as of December 01, 2012, between Advisors Preferred Trust, Inc., on behalf of itself or its portfolios listed on Appendix A attached hereto (as it may be amended from time to time), individually and not jointly, (the “Fund”), and ReFlow Fund, LLC, a Delaware limited liability company (“ReFlow”), in consideration of the mutual agreements herein contained and other valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:

DRAFT CEROS FINANCIAL SERVICES INC DISTRIBUTION AGREEMENT
Ceros Financial Services • January 4th, 2013 • Advisors Preferred Trust • Maryland

THIS AGREEMENT is by and between OnTrack Core Fund (the “Fund”), a series of the Advisors Preferred Fund Trust, a Delaware statutory trust (the “Trust”), and Ceros Financial Services Inc. (“Ceros”), a corporation organized and existing under the laws of the State of Massachusetts (the “Distributor”).

Dealer Agreement
Advisors Preferred Trust • January 4th, 2013 • Delaware

Ceros Financial Services, Inc. (the “Distributor”) serves as the principal distributor for the OnTrack Core Fund. The Distributor and _____________________(Dealer name) (“Dealer”)hereby agree that the Dealer will participate in the distribution of shares (“Shares”) of the Funds, subject to the terms of this Agreement.

SUBSCRIPTION AGREEMENT BETWEEN THE FUND AND THE INVESTOR
Subscription Agreement • January 4th, 2013 • Advisors Preferred Trust

Effective as of the date first written above, the undersigned (the "Purchaser") subscribes to purchase a beneficial interest ("Interest") in the OnTrack Core Fund, in the amount of $100,000.00 for 2,000 shares at a net asset value of $50.00 per share, in consideration for which the Purchaser agrees to transfer to you upon demand cash in the amount of $100,000.

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