0001398344-17-002614 Sample Contracts

ALPINE SERIES TRUST EXPENSE LIMITATION AND REIMBURSEMENT AGREEMENT
Alpine Series Trust • February 28th, 2017 • Alpine Series Trust • Delaware

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

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INVESTMENT ADVISORY FEE WAIVER AGREEMENT
Investment Advisory Fee Waiver Agreement • February 28th, 2017 • Alpine Series 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 Series Trust (the “Trust”), on behalf of Alpine Small Cap Fund (the “Fund”).

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

This AMENDMENT dated as of April 1, 2016, to the INVESTMENT ADVISORY AGREEMENT made as of June 4, 2001, as amended on September 22, 2008 (the “Investment Advisory Agreement”) among ALPINE SERIES TRUST, a Delaware statutory 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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