0001111830-12-000665 Sample Contracts

CUSTODY AGREEMENT
Custody Agreement • August 31st, 2012 • First Western Funds Trust • Minnesota

THIS AGREEMENT is made and entered into as of this 16th day of August, 2012, by and between THE FIRST WESTERN FUNDS TRUST, an Ohio business 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”).

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DISTRIBUTION AGREEMENT
Distribution Agreement • August 31st, 2012 • First Western Funds Trust • Ohio

This Agreement made as of August 16, 2012 by and among The First Western Funds Trust (the “Trust”), an Ohio business trust, First Western Capital Management Company, a Colorado Corporation ("Adviser"), and Ultimus Fund Distributors, LLC, an Ohio limited liability company (“Distributor”).

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • August 31st, 2012 • First Western Funds Trust • Ohio

THIS AGREEMENT made as of the 16th day of August, 2012 by and between First Western Capital Management Company (the “Investment Adviser”), a Colorado corporation, and The First Western Funds Trust (the “Trust”), an Ohio business trust.

ADMINISTRATION AGREEMENT
Administration Agreement • August 31st, 2012 • First Western Funds Trust • Ohio

THIS AGREEMENT is made as of this 16th day of August, 2012, by and between THE FIRST WESTERN FUNDS TRUST (the "Trust"), an Ohio business trust having its principal place of business at 1900 Avenue of the Stars, Suite 900, Los Angeles, CA 90067, and ULTIMUS FUND SOLUTIONS, LLC ("Ultimus"), a limited liability company organized under the laws of the State of Ohio and having its principal place of business at 225 Pictoria Drive, Suite 450, Cincinnati, Ohio 45246.

FUND ACCOUNTING AGREEMENT
Fund Accounting Agreement • August 31st, 2012 • First Western Funds Trust • Ohio

THIS AGREEMENT is made as of this 16th day of August, 2012, by and between THE FIRST WESTERN FUNDS TRUST (the "Trust"), an Ohio business trust having its principal place of business at 1900 Avenue of the Stars, Suite 900, Los Angeles, CA 90067, and ULTIMUS FUND SOLUTIONS, LLC ("Ultimus"), a limited liability company organized under the laws of the State of Ohio and having its principal place of business at 225 Pictoria Drive, Suite 450, Cincinnati, Ohio 45246.

TRANSFER AGENT AND SHAREHOLDER SERVICES AGREEMENT
Transfer Agent and Shareholder Services Agreement • August 31st, 2012 • First Western Funds Trust • Ohio

THIS AGREEMENT is made as of this 16th day of August, 2012, by and between THE FIRST WESTERN FUNDS TRUST (the "Trust"), an Ohio business trust having its principal place of business at 1900 Avenue of the Stars, Suite 900, Los Angeles, CA 90067, and ULTIMUS FUND SOLUTIONS, LLC ("Ultimus"), a limited liability company organized under the laws of the State of Ohio and having its principal place of business at 225 Pictoria Drive, Suite 450, Cincinnati, Ohio 45246.

EXPENSE LIMITATION AGREEMENT FIRST WESTERN CAPITAL MANAGEMENT COMPANY Los Angeles, California 90067
Expense Limitation Agreement • August 31st, 2012 • First Western Funds Trust • Ohio
INITIAL CAPITAL AGREEMENT
Initial Capital Agreement • August 31st, 2012 • First Western Funds Trust
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