0001398344-17-002612 Sample Contracts

INVESTMENT ADVISORY FEE WAIVER AGREEMENT
Investment Advisory Fee Waiver Agreement • February 28th, 2017 • Alpine Equity Trust • New York

This INVESTMENT ADVISORY FEE WAIVER AGREEMENT (this “Agreement”), is made effective as of April 1, 2016, by and between Alpine Woods Capital Investors, LLC (the “Adviser”) and Alpine Equity Trust (the “Trust”), on behalf of Alpine International Real Estate Equity Fund and Alpine Emerging Markets Real Estate Fund (the “Funds”).

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ALPINE EQUITY TRUST EXPENSE LIMITATION AND REIMBURSEMENT AGREEMENT
Alpine Equity Trust • February 28th, 2017 • Alpine Equity Trust • Massachusetts

AGREEMENT made effective as of February 28, 2017 by and between Alpine Equity Trust (the "Trust"), on behalf of the series listed on Schedule A (the “Funds”), and Alpine Woods Capital Investors, LLC (the "Adviser"):

ALPINE EQUITY TRUST EXPENSE LIMITATION AND REIMBURSEMENT AGREEMENT
Alpine Equity Trust • February 28th, 2017 • Alpine Equity Trust • Massachusetts

AGREEMENT made effective as of April 1st, 2016 by and between Alpine Equity Trust (the "Trust"), on behalf of the series listed on Schedule A (the “Funds”), and Alpine Woods Capital Investors, LLC (the "Adviser"):

AMENDMENT TO THE INVESTMENT ADVISORY AGREEMENT
The Investment Advisory Agreement • February 28th, 2017 • Alpine Equity Trust

This AMENDMENT dated as of April 1, 2016, to the INVESTMENT ADVISORY AGREEMENT made as of February 17, 1998, as amended on September 22, 2008 and July 31, 2015 (the “Investment Advisory Agreement”) among ALPINE EQUITY TRUST, a Massachusetts business trust (the “Trust”) and ALPINE WOODS CAPITAL INVESTORS, LLC, a Delaware limited liability company (the “Adviser”, all parties together, the “Parties”). Capitalized terms not defined herein have the meaning ascribed to those terms in the Investment Advisory Agreement.

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