0001162044-13-001198 Sample Contracts

EXPENSE LIMITATION AGREEMENT ENDURANCE SERIES TRUST
Expense Limitation Agreement • November 1st, 2013 • Endurance Series Trust

This Agreement is effective as of October 29, 2013, by and between Gator Opportunities Fund (the “Fund”), a series of shares of Endurance Series Trust, a Delaware statutory trust (the “Trust”) and Gator Capital Management, LLC, a Delaware limited liability company (the “Adviser”).

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Amendment to Custody Agreement
Custody Agreement • November 1st, 2013 • Endurance Series Trust

This Amendment to Custody Agreement (the “Amendment”) is made and entered into as of the 29th day of October, 2013 by and between Endurance Series Trust, a Delaware business trust (the “Trust”) and The Huntington National Bank, a national bank organized under the laws of the United States (the “Custodian”).

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • November 1st, 2013 • Endurance Series Trust • Delaware

This Agreement is made and entered into effective as of October 29, 2013, by and between the Endurance Series Trust, a Delaware Statutory Business Trust (the “Trust”) on behalf of the Gator Opportunities Fund, a series of shares of the Trust (the “Fund”), and Gator Capital Management, LLC, a Delaware limited liability company (the “Adviser”).

AMENDMENT TO EXPENSE LIMITATION AGREEMENT ENDURANCE SERIES TRUST
Expense Limitation Agreement • November 1st, 2013 • Endurance Series Trust

This Amendment to Expense Limitation Agreement (the “Amendment”) is effective as of October 29, 2013, by and between Gator Focus Fund (the “Fund”), a series of shares of Endurance Series Trust, a Delaware statutory trust and Gator Capital Management, LLC, a Delaware limited liability company (the “Adviser”).

Amendment to Distribution Services Agreement
Distribution Services Agreement • November 1st, 2013 • Endurance Series Trust

This Amendment to Distribution Services Agreement (the “Amendment”) is made and entered into as of the 28th day of October, 2013 by and among Endurance Series Trust, a Delaware business trust (the “Trust”), Gator Capital Management, LLC, a Delaware limited liability company (the “RIA”) and Arbor Court Capital, LLC, an Ohio limited liability company (“ACC”).

Amendment to Administrative Services Agreement
Administrative Services Agreement • November 1st, 2013 • Endurance Series Trust

This Amendment to Administrative Services Agreement (the “Amendment”) is made and entered into as of the 29th day of October, 2013 by and between Endurance Series Trust, a Delaware business trust (the “Trust”) and Endurance Fund Services, LLC, a Florida limited liability company (“Endurance Fund Services”) with its principal office located at 100 South Ashley Drive, Suite 895, Tampa, Florida 33602.

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