INVESTMENT ADVISORY AGREEMENTInvestment Advisory Agreement • May 1st, 2017 • Ultimus Managers Trust • Ohio
This Investment Advisory Agreement (the "Agreement") is made and entered into effective as of August 1, 2016, by and between Ultimus Managers Trust, an Ohio business trust (the "Trust") on behalf of each series of the Trust set forth on Schedule A attached hereto (individually the "Fund" and collectively the "Funds"), a series of shares of the Trust, and Ladder Capital Asset Management LLC, a Delaware limited liability company (the "Adviser").
