0001193125-14-030448 Sample Contracts

Exhibit (d)(5) Amendment No. 2 to Fee Waiver and Expense Reimbursement Agreement between Registrant and Whitebox Advisors LLC
Reimbursement Agreement • January 31st, 2014 • Whitebox Mutual Funds

This Amendment No. 2 (this “Amendment”), dated November 6, 2013 to the Fee Waiver and Expense Reimbursement Agreement (the “Agreement”), dated as of July 20, 2011, between Whitebox Mutual Funds, a statutory trust established under the laws of the State of Delaware (the “Fund”), and Whitebox Advisors LLC (“Adviser”), a Delaware limited liability company.

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