0001193125-24-016845 Sample Contracts

AGREEMENT TO WAIVE FEES AND REIMBURSE EXPENSES
Waive Fees and Reimburse Expenses • January 26th, 2024 • Ariel Investment Trust

THIS AGREEMENT is made this 28th day of November 2023, between Ariel Investments, LLC, a Delaware limited liability company (the “Adviser”), and Ariel Investment Trust, a Massachusetts business trust (the “Trust”).

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THE NORTHERN TRUST COMPANY Chicago, Illinois 60603
Ariel Investment Trust • January 26th, 2024

Reference is made to that certain letter agreement dated as of April 1, 2016 by and between The Northern Trust Company (the “Bank”) and Ariel Investment Trust, a registered open-end management investment company (the “Trust”) on behalf of the accounts, series or portfolios of the Trust which are listed beneath the Trust’s name on the signature page thereto (each such account, series or portfolio, a “Borrower” and, collectively, the “Borrowers”), in respect of an overdraft facility not exceeding $125,000,000 (such letter as amended, restated supplemented or otherwise modified from time to time, the “Facility Letter”). Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Facility Letter.

AGREEMENT TO WAIVE FEES AND REIMBURSE EXPENSES
Agreement • January 26th, 2024 • Ariel Investment Trust

THIS AGREEMENT is made this 28th day of November 2023, between Ariel Investments, LLC, a Delaware limited liability company (the “Adviser”), and Ariel Investment Trust, a Massachusetts business trust (the “Trust”).

ARIEL INVESTMENT TRUST FOURTH AMENDMENT TO AMENDED AND RESTATED TRANSFER AGENT SERVICING AGREEMENT
Transfer Agent Servicing Agreement • January 26th, 2024 • Ariel Investment Trust

THIS FOURTH AMENDMENT dated as of the last date in the signature block, to the Amended and Restated Transfer Agent Servicing Agreement, dated as of January 1, 2016, as amended (the “Agreement”), is entered into by and between ARIEL INVESTMENT TRUST, a Massachusetts business trust, (the “Trust”), and U.S. BANCORP FUND SERVICES, LLC, a Wisconsin limited liability company (“USBFS”).

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