0001580642-19-005334 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between QEPF Fund Limited and ADVISORS PREFERRED LLC
Investment Advisory Agreement • November 27th, 2019 • Advisors Preferred Trust • Maryland

AGREEMENT, made as of November 25, 2019 between QEPF Fund Limited, an Exempted Company incorporated in the Cayman Islands with Limited Liability (the "Fund"), and Advisors Preferred LLC, a Maryland limited liability company (the "Adviser") located at 1445 Research Blvd, Suite 530, Rockville, MD 20850.

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SUBADVISORY AGREEMENT
Subadvisory Agreement • November 27th, 2019 • Advisors Preferred Trust • Maryland

THIS "AGREEMENT" is made and entered into with effect as of August 1, 2019, by and between Advisors Preferred, LLC (the "Adviser"), a Maryland limited liability company registered under the Investment Advisers Act of 1940, as amended (the "Advisers Act"), and Flexible Plan Investments, Ltd., a Michigan corporation (the "Subadviser") (the Adviser and the Subadviser, collectively, the "Parties") and also registered under the Advisers Act, with respect to GBSP Fund Limited, an Exempted Company incorporated in the Cayman Islands with Limited Liability (the "Fund").

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