0001580642-21-006013 Sample Contracts

INVESTMENT ADVISORY AGREEMENT Between QAIF Fund Limited and ADVISORS PREFERRED LLC
Investment Advisory Agreement • December 23rd, 2021 • Advisors Preferred Trust • Maryland

AGREEMENT, made as of December 20, 2021 between QAIF 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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SUBADVISORY AGREEMENT
Subadvisory Agreement • December 23rd, 2021 • Advisors Preferred Trust • Maryland

THIS "AGREEMENT" is made and entered into with effect as of December 20, 2021, 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 Flexible Plan Investments, Ltd., a Michigan corporation (the "Subadviser") (the Adviser and the Subadviser, collectively, the "Parties") and also registered under the Advisers Act, with respect to QAIF Fund Limited, an Exempted Company incorporated in the Cayman Islands with Limited Liability (the "Fund").

LOAN AGREEMENT
Loan Agreement • December 23rd, 2021 • Advisors Preferred Trust

This LOAN AGREEMENT (as amended, restated, supplemented or otherwise modified from time to time, the "Loan Agreement" or the "Agreement") is made and entered into effective as of the 4th day of November, 2021 by and between ADVISORS PREFERRED TRUST, a Delaware statutory trust (the "Trust"), not individually but solely on behalf of its Funds as set forth on Exhibit A, separately and not jointly (each such Fund a "Borrower" or "Borrowing Fund" and collectively the "Borrowers" or "Borrowing Funds"), with its address at 225 Pictoria Drive, Suite 450, Cincinnati, Ohio 45246 and U.S. BANK NATIONAL ASSOCIATION, a national banking association with its address at 425 Walnut Street, Cincinnati, Ohio 45202 (the "Bank").

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