0001398344-17-000974 Sample Contracts

EVERGREEN CAPITAL MANAGEMENT, LLC 10500 NE 8th, Suite 950 Bellevue, WA 98004
ALPS Series Trust • January 27th, 2017
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CLARKSTON CAPITAL PARTNERS, LLC
ALPS Series Trust • January 27th, 2017

This letter confirms the agreement of Clarkston Capital Partners, LLC (the “Adviser”) with the Trust to contractually limit the total amount of the “Management Fees” and “Other Expenses” that it is entitled to receive from the Clarkston Funds.

MERITAGE LETTERHEAD]
ALPS Series Trust • January 27th, 2017
COGNIOS CAPITAL, LLC LETTERHEAD]
ALPS Series Trust • January 27th, 2017
DDJ CAPITAL MANAGEMENT, LLC
ALPS Series Trust • January 27th, 2017

This letter confirms the agreement of DDJ Capital Management, LLC (the “Adviser”) with the Trust to contractually limit the total amount of the “Management Fees” that it is entitled to receive from the Fund and to reimburse “Other Expenses” to the extent required.

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