0000910472-14-000805 Sample Contracts

TWO ROADS SHARED TRUST OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT LJM FUNDS MANAGEMENT, LTD.
Two Roads • February 28th, 2014 • Two Roads Shared Trust • New York

THIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 28th day of February, 2014, by and between TWO ROADS SHARED TRUST, a Delaware statutory trust (the “Trust”), on behalf of LJM Preservation and Growth Fund (the “Fund”) a series of the Trust, and the Advisor of the Fund, LJM Funds Management, Ltd. (the “Advisor”).

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INTERIM OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT
Interim Operating Expenses Limitation and Security Agreement • February 28th, 2014 • Two Roads Shared Trust • New York

THIS INTERIM OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of February 28, 2014, by and between TWO ROADS SHARED TRUST, a Delaware statutory trust (the “Trust”), on behalf of the ANFIELD UNIVERSAL FIXED INCOME FUND (the “Fund”), a series of the Trust, and the Adviser to the Fund, Anfield Capital Management, LLC (“Anfield” or the “Adviser”).

INTERIM INVESTMENT ADVISORY AGREEMENT
Interim Investment Advisory Agreement • February 28th, 2014 • Two Roads Shared Trust • Delaware

INTERIM INVESTMENT ADVISORY AGREEMENT (“Agreement”) made as of this 28th day of February, 2014 by and between Two Roads Shared Trust, a Delaware statutory trust (the “Trust”), and Anfield Capital Management, LLC (the “Adviser”).

February 28, 2014 Two Roads Shared Trust c/o Andrew Rogers, President Hauppauge, NY 11788 Re: Management Fee Waiver for the Anfield Universal Fixed Income Fund Dear Mr. Rogers:
Two Roads Shared Trust • February 28th, 2014

This will confirm the agreement between Two Roads Shared Trust (the “Trust”) on behalf of the Anfield Universal Fixed Income Fund and Anfield Capital Management, LLC (the “Adviser”), as follows:

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