0001144204-09-030592 Sample Contracts

QUAKER INVESTMENT TRUST FORM OF INVESTMENT SUBADVISORY AGREEMENT
Quaker Investment Trust • June 2nd, 2009 • Quaker Investment Trust • Pennsylvania

THIS AGREEMENT is made and entered into as of the 19th day of February, 2009, by and between Quaker Funds, Inc., a Delaware corporation (“Adviser”), and Rock Canyon Advisory Group Inc., a Utah corporation (“Subadviser”).

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AMENDMENT TO THE DISTRIBUTION AGREEMENT
Distribution Agreement • June 2nd, 2009 • Quaker Investment Trust

THIS AMENDMENT, dated as of the 19th day of February, 2009, to the Distribution Agreement dated as of November 17, 2006, as amended (the “Agreement”), is entered into by and between Quaker Investment Trust, a Massachusetts trust (the “Trust”) and Quasar Distributors, LLC, a Delaware limited liability company (the “Distributor”).

FORM OF QUAKER INVESTMENT TRUST INVESTMENT SUBADVISORY AGREEMENT
Investment Subadvisory Agreement • June 2nd, 2009 • Quaker Investment Trust • Pennsylvania

THIS AGREEMENT is made and entered into as of the [___] day of [______], 2009, by and between Quaker Funds, Inc., a Delaware corporation (“Adviser”), and Century Management, Inc., a Texas Corporation (“Subadviser”).

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