0001580642-23-003421 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between DAMF Fund Limited and ADVISORS PREFERRED LLC
Investment Advisory Agreement • June 30th, 2023 • Advisors Preferred Trust

AGREEMENT, made with effect as of July 2, 2023 between DAMF 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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COMPLIANCE CONSULTING AGREEMENT
Compliance Consulting Agreement • June 30th, 2023 • Advisors Preferred Trust • Maryland

This Compliance Consulting Agreement (the "Agreement") between the parties herein and is effective May 23, 2023, between Advisors Preferred LLC, a Maryland limited liability company located at 1445 Research Blvd., Suite 530, Rockville, MD 20850 ("AP") and Advisors Preferred Trust, a registered investment company organized as a Delaware statutory trust, located at 1445 Research Blvd., Suite 530, Rockville, MD 20850 (the "Trust"), on behalf of each portfolio series listed on the attached Appendix A, as may be amended from time to time (each a "Fund" and collectively "Funds"), with effect as of the date noted in Appendix A. This document may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

FUTURES TRADING AGREEMENT
Futures Trading Agreement • June 30th, 2023 • Advisors Preferred Trust • Delaware

THIS AGREEMENT is made and entered into with effect as of the 2nd day of July 2023, 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 AG Capital Management Partners, L.P. (the "Futures Trading Adviser"), a Delaware limited partnership regulated as a Commodity Trading Advisor ("CTA") and Commodity Pool Operator ("CPO") with the Commodity Futures Trading Commission ("CFTC") and National Futures Association ("NFA") (the Adviser and the Futures Trading Adviser, collectively, the "Parties"), with respect to the Dynamic Alpha Macro Fund (the "Fund"), a series of the ADVISORS PREFERRED TRUST, a Delaware statutory trust (the "Trust").

ADVISORS PREFERRED TRUST INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • June 30th, 2023 • Advisors Preferred Trust

IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized with effect as of the dates indicated above and with effect upon commencement of investment operations for the Fund with the notation above of "to be determined."

ADVISORS PREFERRED TRUST OPERATING EXPENSES LIMITATION AGREEMENT
Expenses Limitation Agreement • June 30th, 2023 • Advisors Preferred Trust • Delaware

effective as of the 2nd day of July 2023, by and between ADVISORS PREFERRED TRUST, a Delaware statutory trust (the "Trust"), on behalf of the Dynamic Alpha Macro Fund, (the "Fund") a series of the Trust and the sub-adviser of such Fund, Dynamic Wealth Group, LLC (the "Sub-Adviser").

SIXTEENTH AMENDMENT TO THE CUSTODY AGREEMENT
Custody Agreement • June 30th, 2023 • Advisors Preferred Trust

THIS SIXTEENTH AMENDMENT, effective as of July 2, 2023, to the Custody Agreement, originally made and entered into as of January 4, 2013, as amended May 16, 2013 July 24, 2013, October 5, 2013, October 29, 2013, April 10, 2014, November 18, 2014, February 17, 2015, October 28, 2015, August 1, 2016, February 19, 2019, March 28, 2019, August 12, 2019, August 19, 2019, October 14, 2020, February 18, 2021, and April 12, 2021 (the "Agreement''), is entered into by and between ADVISORS PREFERRED TRUST, a Delaware statutory trust, (the "Trust") and U.S. BANK NATIONAL ASSOCIATION, a national banking association (the "Custodian").

SUBADVISORY AGREEMENT
Subadvisory Agreement • June 30th, 2023 • Advisors Preferred Trust • Delaware

THIS "AGREEMENT" is made and entered into with effect as of July 2, 2023, 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 Dynamic Wealth Group, LLC, a Delaware limited liability company registered under the Advisers Act (the "Subadviser") (the Adviser and the Subadviser, collectively, the "Parties"), with respect to DAMF Fund Limited, an Exempted Company incorporated in the Cayman Islands with Limited Liability (the "Fund").

CEROS FINANCIAL SERVICES, INC. DISTRIBUTION AGREEMENT
Ceros Financial • June 30th, 2023 • Advisors Preferred Trust

IN WITNESS WHEREOF, the parties hereto have caused this amended Appendix to be executed by their duly authorized officers with effect as to funds identified by and described in footnote 1 written above.

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