0001398344-20-001390 Sample Contracts

ReFlow Fund, LLC Participating Fund Agreement
Participating Fund Agreement • January 28th, 2020 • Capitol Series Trust • California

AGREEMENT dated as of January _____, 2020 between the Capitol Series Trust, an Ohio business trust, on behalf of itself or its portfolios listed on Appendix A attached hereto (as it may be amended from time to time), individually and not jointly, (the “Fund”), and ReFlow Fund, LLC, a Delaware limited liability company (“ReFlow”), in consideration of the mutual agreements herein contained and other valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:

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CAPITOL SERIES TRUST EXPENSE LIMITATION AGREEMENT
Capitol Series Trust • January 28th, 2020 • Capitol Series Trust

THIS AGREEMENT is made and entered into December 12, 2019 by and between Capitol Series Trust (the “Trust”), on behalf of its series portfolios as set forth on Appendix A, (each a “Fund”), and Fuller & Thaler Asset Management, Inc. (the “Adviser”), a California corporation.

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