0001580642-22-001789 Sample Contracts

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • March 30th, 2022 • Ultimus Managers Trust • Ohio

This Investment Advisory Agreement (the “Agreement”) is made and entered into effective as of December 8, 2021, by and between Ultimus Managers Trust, an Ohio business trust (the “Trust”) on behalf of each series of the Trust set forth on Schedule A attached hereto (individually the “Fund” and collectively the “Funds”), a series of shares of the Trust, and Wavelength Capital Management, LLC, a Delaware limited liability corporation (the “Adviser”).

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EXPENSE LIMITATION AGREEMENT FOR ULTIMUS MANAGERS TRUST
Expense Limitation Agreement • March 30th, 2022 • Ultimus Managers Trust

THIS EXPENSE LIMITATION AGREEMENT (the “Agreement”), dated December 8, 2021, is made and entered into by and between the ULTIMUS MANAGERS TRUST, an Ohio business trust (the “Trust”), on behalf of each series of the Trust set forth on Schedule A attached hereto (each a “Fund”), and Wavelength Capital Management, LLC, a Delaware limited liability company (the “Adviser”).

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