MANAGEMENT AGREEMENT JACOBS BROEL VALUE FUNDManagement Agreement • June 25th, 2012 • PFS Funds • Massachusetts
The Trust has been organized to engage in the business of an open-end management investment company. You, Jacobs Broel Asset Management, LLC (“Adviser,” “you” and “your”) have been selected to act as the sole investment manager of the Jacobs Broel Value Fund (the “Fund”) and to provide certain other services, as more fully set forth below, and you are willing to act as such investment manager and to perform such services under the terms and conditions hereinafter set forth. Accordingly, the Trust agrees with you as follows effective upon the date of the execution of this Agreement.
SERVICES AGREEMENT JACOBS BROEL VALUE FUNDServices Agreement Jacobs Broel Value Fund • June 25th, 2012 • PFS Funds • Massachusetts
AGREEMENT dated as of June 25, 2012, between PFS Funds (the “Trust”), a Massachusetts business trust, and Jacobs Broel Asset Management, LLC (the “Adviser”), a Washington Limited Liability Company.
