0001398344-19-011149 Sample Contracts

Horizon Funds FORM OF EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • June 25th, 2019 • Horizon Funds

This Expense Limitation Agreement is into effective as of June 26, 2019, by and between Horizon Funds, a Delaware statutory trust (the “Trust”), on behalf of Horizon Multi-Asset Income Fund, a series of shares of the Trust (the “Fund”), and Horizon Investments, LLC, a South Carolina limited liability company (the “Adviser”).

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FORM OF INVESTMENT ADVISORY AGREEMENT
Form of Investment Advisory Agreement • June 25th, 2019 • Horizon Funds • Delaware

This Agreement is made and entered into effective as of June 26, 2019, by and between Horizon Funds, a Delaware statutory trust (the “Trust”), on behalf of Horizon U.S. Risk Assist Fund, a series of shares of the Trust (the “Fund”), and Horizon Investments, LLC, a South Carolina limited liability company (the “Adviser”).

HORIZON FUNDS THIRD AMENDMENT TO THE DISTRIBUTION AGREEMENT
Horizon Funds • June 25th, 2019 • Horizon Funds

THIS AMENDMENT, dated as of the last date on the signature block to the Distribution Agreement dated as of February 8, 2016, (the “Agreement”), is entered into by and between the HORIZON FUNDS, a Delaware statutory trust (the “Trust”), and QUASAR DISTRIBUTORS, LLC, a Delaware limited liability company (the “Distributor").

FOURTH AMENDMENT (including Addendums) TO THE HORIZON FUNDS FUND ADMINISTRATION SERVICING AGREEMENT
Fourth Amendment • June 25th, 2019 • Horizon Funds

THIS AMENDMENT dated as of the last date on the signature block to the Fund Administration Servicing Agreement, dated as of February 8, 2016 (the “Agreement”), is entered into by and between HORIZON FUNDS, a Delaware trust (the “Trust”) and U.S. BANCORP FUND SERVICES, LLC, d/b/a U.S. Bank Global Fund Services a Wisconsin limited liability company (“Fund Services”).

THIRD AMENDMENT TO THE HORIZON FUNDS CUSTODY AGREEMENT
Horizon Funds Custody Agreement • June 25th, 2019 • Horizon Funds

THIS AMENDMENT dated as of the last date on the signature block to the Custody Agreement, dated as of February 8, 2016 (the “Agreement”), is entered into by and between HORIZON FUNDS, a Delaware trust (the “Trust”) and U.S. BANK NATIONAL ASSOCIATION, a national banking association (the “Custodian”).

FOURTH AMENDMENT (including Addendums) TO THE HORIZON FUNDS TRANSFER AGENT SERVICING AGREEMENT
Fourth Amendment • June 25th, 2019 • Horizon Funds

THIS AMENDMENT dated as of the last date on the signature block to the Transfer Agent Servicing Agreement, dated as of February 8, 2016 (the “Agreement”), is entered into by and between HORIZON FUNDS, a Delaware trust (the “Trust”) and U.S. BANCORP FUND SERVICES, LLC d/b/a U.S. Bank Global Fund Services, a Wisconsin limited liability company (“Fund Services”).

THIRD AMENDMENT TO THE HORIZON FUNDS FUND ACCOUNTING SERVICING AGREEMENT
Accounting Servicing Agreement • June 25th, 2019 • Horizon Funds

THIS AMENDMENT dated as of the last date on the signature block to the Fund Accounting Servicing Agreement, dated as of February 8, 2016 (the “Agreement”), is entered into by and between HORIZON FUNDS, a Delaware trust (the “Trust”) and U.S. BANCORP FUND SERVICES, LLC/b/a U.S. Bank Global Fund Services, a Wisconsin limited liability company (“Fund Services”).

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