FUND SERVICES AGREEMENT between ARROW INVESTMENTS TRUST, ARROW ETF TRUST andFund Services Agreement • May 31st, 2022 • Arrow ETF Trust • New York
Contract Type FiledMay 31st, 2022 Company JurisdictionTHIS FUND SERVICES AGREEMENT (this “Agreement”) made as of the 27th day of September, 2021, by and between ARROW INVESTMENTS TRUST, a Delaware statutory trust having its principal office and place of business at 6100 Chevy Chase Drive, Suite 100, Laurel, MD 20707, ARROW ETF TRUST, a Delaware statutory trust having its principal office and place of business at 6100 Chevy Chase Drive, Suite 100, Laurel, MD 20707 (each a “Trust” and together the "Trusts") and ULTIMUS FUND SOLUTIONS, LLC, an Ohio limited liability company having its principal office and place of business at 225 Pictoria Drive, Suite 450, Cincinnati, Ohio 45246 (“UFS”). This Agreement replaces and supersedes all prior understandings and agreements between the parties hereto for the services described below.