UNIFIED SERIES TRUST DISTRIBUTION AGREEMENTDistribution Agreement • January 27th, 2017 • Unified Series Trust • Indiana
DISTRIBUTION AGREEMENT, dated as of January 1, 2016, by and among Unified Series Trust, an Ohio business trust (the “Trust”), each investment adviser to each series of the Trust as set forth on Exhibit A (each an “Adviser” and, collectively, the “Advisers”), and Unified Financial Securities, LLC, a Delaware limited liability company (the “Distributor”).
PEKIN SINGER STRAUSS ASSET MANAGEMENTUnified Series Trust • January 27th, 2017
Effective as of February 1, 2017, we hereby agree to waive our advisory fee and/or reimburse expenses of the Fund, but only to the extent necessary to maintain the Fund’s total annual operating expenses, excluding brokerage fees and commissions; fees paid pursuant to the Administrative Services Plan (Investor Class only), borrowing costs such as (a) interest and (b) dividend expenses on securities sold short; any 12b-l fees; taxes; extraordinary litigation expenses; and any indirect expenses, such as expenses incurred by other investment companies in which the Fund may invest; at 0.95% of the Fund’s average daily net assets. This Agreement shall continue in place until the earlier to occur of January 31, 2018, or such date as the Fund is terminated or liquidated in accordance with the provisions of the Trust’s Declaration of Trust or Bylaws. We understand that we may not terminate this Agreement prior to such date, except that we may voluntarily agree to lower the expense cap.
