0001324443-14-000016 Sample Contracts

EXPENSE LIMITATION AGREEMENT AMERICAN INDEPENDENCE FUNDS TRUST
Expense Limitation Agreement • February 28th, 2014 • American Independence Funds Trust

EXPENSE LIMITATION AGREEMENT, effective as of March 1, 2014, by and between American Independence Financial Services, LLC (the “Investment Adviser”) and American Independence Funds Trust (the “Trust”), a Delaware business trust, on behalf of each of the funds, listed on Exhibit A (each, a “Fund”).

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INVESTMENT SUB-ADVISORY AGREEMENT (As Amended and Restated June 22, 2012)
Investment Sub-Advisory Agreement • February 28th, 2014 • American Independence Funds Trust

AGREEMENT this 18th day of April, 2008, as amended June 17, 2011 and March 23, 2012 by and between American Independence Financial Services, LLC (the “Adviser"), and FISCHER FRANCIS TREES & WAITS, INC. ("FFTW (NY)"), a New York corporation and one of its affiliates, FISCHER FRANCIS TREES & WATTS ("FFTW (UK)”), a corporate partnership organized under the laws of England & Wales (collectively referred to as the “Sub-Adviser”);

AMENDMENT To Transfer Agency and Service Agreement Between Each of the Entities, Individually and not Jointly, as Listed on Schedule A and Boston Financial Data Services, Inc.
Transfer Agency and Service Agreement • February 28th, 2014 • American Independence Funds Trust

This Amendment is made on this __ day of _______________, 2013, between Each of the Entities, Individually and Not Jointly, as listed on Schedule A, previously amended as of January 9, 2013, (collectively, the “Funds”) and Boston Financial Data Services, Inc. (the “Transfer Agent”).

INTERIM INVESTMENT SUB-ADVISORY AGREEMENT
Interim Investment Sub-Advisory Agreement • February 28th, 2014 • American Independence Funds Trust

AGREEMENT made this 13th day of December, 2013 by and between American Independence Financial Services, LLC (the "Adviser"), and Navellier & Associates (the “Sub-Adviser");

REVISED CUSTODIAN AGREEMENT
Revised Custodian Agreement • February 28th, 2014 • American Independence Funds Trust • New York

State of Delaware. For all purposes of this Agreement, a “Portfolio” shall mean a separate portfolio of assets of the Trust. The current portfolios are listed on Attachment One to this Agreement. Should portfolios be added or removed, Attachment One may be amended to reflect the portfolios currently in existence. For the purposes of this

SHAREHOLDER SERVICES AGREEMENT
Shareholder Services Agreement • February 28th, 2014 • American Independence Funds Trust • New York

This Agreement is made as of July 11, 2013 between American Independence Funds Trust II, a Delaware statutory trust (the “Trust”), on behalf of each series set forth on Schedule A hereto, as amended from time to time (each, a “Fund”), and American Independence Financial Services, LLC, a Delaware limited liability company (the “Adviser”).

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