0001484018-21-000013 Sample Contracts

CUSTODY AGREEMENT
Custody Agreement • March 26th, 2021 • Spinnaker ETF Series • New York

THIS AGREEMENT is made and entered into as of this 16th day of December, 2020, by and between SPINNAKER ETF SERIES, a Delaware statutory trust having its principal place of business at 116 South Franklin Street, Rocky Mount, North Carolina 27804 (the “Trust”), and Clear Street LLC, a Delaware limited liability company and a broker- dealer regulated under the Securities and Exchange Act of 1934, as amended (the “1934 Act”) (the “Custodian”).

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EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • March 26th, 2021 • Spinnaker ETF Series

THIS EXPENSE LIMITATION AGREEMENT (“Agreement”) is made and entered into effective as this 17th day of March, 2020, by and between SPINNAKER ETF SERIES, a Delaware statutory trust (the “Trust”), on behalf of its series, Trajan Wealth Income Opportunities ETF (the “Fund”), and Trajan Wealth Advisors, LLC, a Arizona limited liability company (the “Sub-advisor”).

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