DISTRIBUTION AGREEMENTDistribution Agreement • September 23rd, 2020 • VELA Funds • Ohio
This Distribution Agreement (this “Agreement”), dated September 22, 2020, is between VELA Funds, a Delaware statutory trust (the “Trust”), VELA Investment Management, LLC, a Delaware limited liability company (the “Adviser”), and Ultimus Fund Distributors, LLC, a limited liability company organized under the laws of the State of Ohio (“Distributor”).
CONSULTING AGREEMENTConsulting Agreement • September 23rd, 2020 • VELA Funds • Nebraska
THIS CONSULTING AGREEMENT (this “Agreement”) dated September 22, 2020 (the “Effective Date”), is entered into by and among VELA Investment Management, LLC, a Delaware limited liability company having its office and principal place of business at 220 Market Street, Suite 208, New Albany, Ohio 43054 (the “Adviser”), VELA Funds, a Delaware statutory trust having its office and principal place of business at 220 Market Street, Suite 208, New Albany, Ohio 43054 (the “Trust”), and NORTHERN LIGHTS COMPLIANCE SERVICES, LLC, a Nebraska limited liability company having its office and principal place of business at 4221 North 203rd Street, Suite 100, Elkhorn, Nebraska 68022 (“NLCS”).
VELA FUNDS INVESTMENT ADVISORY AGREEMENTInvestment Advisory Agreement • September 23rd, 2020 • VELA Funds • Delaware
This Investment Advisory Agreement (the “Agreement”) is made and entered into as of this 23rd day of September, 2020, by and between VELA Investment Management, LLC, a Delaware limited liability company (the “Adviser”), and VELA Funds, a Delaware statutory trust (the “Trust”), regarding each of the Fund(s) listed in Appendix A (the “Funds”).
INITIAL CAPITAL AGREEMENTInitial Capital Agreement • September 23rd, 2020 • VELA Funds
MASTER SERVICES AGREEMENTMaster Services Agreement • September 23rd, 2020 • VELA Funds • Ohio
This Master Services Agreement (this “Agreement”), dated September 22, 2020, is among VELA Investment Management, LLC (the “Adviser”), a Delaware limited liability company, VELA Funds (the “Trust”), a Delaware statutory trust, and Ultimus Fund Solutions, LLC (“Ultimus”), a limited liability company organized under the laws of the state of Ohio.
CUSTODY AGREEMENTCustody Agreement • September 23rd, 2020 • VELA Funds • Ohio
THIS AGREEMENT, is made as of August 6, 2020 (the “Agreement”), by and between VELA FUNDS, a statutory trust organized under the laws of the State of Delaware (the “Company”), and Fifth Third Bank, National Association (“Fifth Third Bank”) (the “Custodian”).
