0001580642-21-001440 Sample Contracts

MANAGEMENT AGREEMENT
Management Agreement • March 29th, 2021 • Unified Series Trust • Ohio

The Trust has been organized to engage in the business of a registered open-end investment company. The Trust currently offers several series of shares to investors, one of which is the Symons Alpha Value Institutional Fund (the “Fund”).

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AMENDMENT TO MANAGEMENT AGREEMENT
Management Agreement • March 29th, 2021 • Unified Series Trust • Ohio

This Amendment to the Management Agreement (“Amendment”) is entered into effective as of March 30, 2009 by and between Unified Series Trust, an Ohio business trust (the “Trust”) and Symons Capital Management, Inc. (the “Adviser”).

AMENDMENT TO MANAGEMENT AGREEMENT
Management Agreement • March 29th, 2021 • Unified Series Trust

This Amendment (“Amendment”) is made as of March 28, 2019 by and between Unified Series Trust (the “Trust”) and Symons Capital Management, Inc. (“Adviser”), and amends the Management Agreement made as of November 13, 2006, as amended March 30, 2009, between the Trust and the Adviser (the “Agreement).

UNIFIED SERIES TRUST AMENDED AND RESTATED OPERATING EXPENSE LIMITATION AGREEMENT SYMONS VALUE INSTITUTIONAL FUND
Operating Expense Limitation Agreement • March 29th, 2021 • Unified Series Trust • Ohio

THIS OPERATING EXPENSE LIMITATION AGREEMENT (the “Agreement”) is effective as of the 28th day of March, 2020, by and between UNIFIED SERIES TRUST, an Ohio business trust (the “Trust”), on behalf of each series of the Trust set forth on Appendix A attached hereto (each a “Fund” and collectively the “Funds”) and the investment adviser of the Funds, Symons Capital Management, Inc. (the “Adviser”).

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