0001464413-15-000368 Sample Contracts

DISTRIBUTION AGREEMENT
Distribution Agreement • September 28th, 2015 • Starboard Investment Trust

This AGREEMENT, dated July 16, 2009 between STARBOARD INVESTMENT TRUST, a statutory trust organized under the laws of the State of Delaware (the “Trust”) and CAPITAL INVESTMENT GROUP, INC., a North Carolina corporation (the “Distributor”).

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INTERIM INVESTMENT SUB-ADVISORY AGREEMENT
Interim Investment Sub-Advisory Agreement • September 28th, 2015 • Starboard Investment Trust • Delaware

This Interim Investment Sub-advisory Agreement ("Agreement") is made and entered into as of August 20, 2015 by and among Starboard Investment Trust, a Delaware Statutory Trust ("Trust"), Canter Compass Investments, Inc., doing business as Cavalier Investments, a Massachusetts Corporation ("Advisor") and Navellier & Associates, Inc., a Nevada Corporation ("Sub-Advisor").

CUSTODY AGREEMENT Dated September 9, 2011 Between UMB BANK, N.A. and STARBOARD INVESTMENT TRUST On Behalf Of Each Of Its Fund Series and THE NOTTINGHAM COMPANY Solely In Its Role As Payor Per Section 11
Custody Agreement • September 28th, 2015 • Starboard Investment Trust

This agreement made as of the date first set forth above between UMB Bank, n.a., a national banking association with its principal place of business located in Kansas City, Missouri (hereinafter “Custodian”), the Starboard Investment Trust, a Delaware statutory trust, on behalf of each of the Funds listed on Appendix B hereof, together with such additional Funds which shall be made parties to this Agreement by the execution of Appendix B hereto (individually, a “Fund” and collectively, the “Funds”), and The Nottingham Company, a North Carolina corporation, solely in its role as payor in accordance with Section 11.

EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • September 28th, 2015 • Starboard Investment Trust

This Expense Limitation Agreement ("Expense Limitation Agreement") is made and entered into effective as August 1, 2015 by and between the Starboard Investment Trust, a Delaware statutory trust (the "Trust"), on behalf of its series, the Cavalier Funds (the "Funds"), and Compass Capital Corporation, a Massachusetts corporation (the "Advisor").

DIVIDEND DISBURSING AND TRANSFER AGENT AGREEMENT
Dividend Disbursing and Transfer Agent Agreement • September 28th, 2015 • Starboard Investment Trust • North Carolina

THIS DIVIDEND DISBURSING AND TRANSFER AGENT AGREEMENT ("Agreement") is made and entered into as of December 8, 2014 by and between STARBOARD INVESTMENT TRUST, a Delaware statutory trust ("Trust"), and NOTTINGHAM SHAREHOLDER SERVICES, LLC, a North Carolina limited liability company ("Transfer Agent").

INTERIM INVESTMENT ADVISORY AGREEMENT
Interim Investment Advisory Agreement • September 28th, 2015 • Starboard Investment Trust • Delaware

This Interim Investment Advisory Agreement ("Interim Agreement") is made and entered into effective as of August 1, 2015 by and between Compass Capital Corporation, a Massachusetts corporation (the "Advisor"), and the Starboard Investment Trust (the "Trust"), a Delaware statutory trust, on behalf of the Cavalier Funds (each a "Fund" and, together, the "Funds"), each a series of the Trust.

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