EXPENSE LIMITATION AGREEMENTExpense Limitation Agreement • September 28th, 2018 • Starboard Investment Trust
THIS EXPENSE LIMITATION AGREEMENT ("Agreement") is made and entered into effective as of this 6th day of September, 2018, by and between Starboard Investment Trust, a Delaware statutory trust (the "Trust"), on behalf of its series, the Alpha Risk Tactical Rotation Fund, previously known as the Alpha Risk Hedged Dividend Income Fund (the "Fund"), and ARS Investment Management, LLC, a Massachusetts Limited Liability Company (the "Advisor"), with respect to the following:
