AMENDMENT NO. 4 TO ETF MASTER SERVICES AGREEMENT
THIS AMENDMENT NO. 4 TO ETF MASTER SERVICES AGREEMENT (this “Amendment”) effective as of July 22, 2025, by and among Ultimus Managers Trust, an Ohio business trust (the “Trust”), and Ultimus Fund Solutions, LLC, an Ohio limited liability company (“Ultimus”).
WHEREAS, Ultimus and the Trust are parties to that certain ETF Master Services Agreement dated April 21, 2021, as amended (the “Agreement”); and
WHEREAS, the parties desire to amend the Agreement as described herein.
NOW, THEREFORE, in consideration of the premises and of the mutual covenants and agreements herein set forth, the parties hereto agree as follows:
| 1. | Amendments. |
| (a) | Schedule A to the Agreement hereby is deleted in its entirety and replaced with Schedule A attached hereto, as the same may be amended from time to time. |
| 2. | Miscellaneous. |
| (a) | Except as amended hereby, the Agreement shall remain in full force and effect. |
| (b) | This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. |
IN WITNESS WHEREOF, each party hereto has caused this Amendment to be executed by its duly authorized officer as of the date and year first above written.
| ULTIMUS MANAGERS TRUST | ULTIMUS FUND SOLUTIONS, LLC | ||||
| By: | /s/ Todd E. Heim | By: | /s/ Gary Tenkman | ||
| Todd E. Heim | Gary Tenkman | ||||
| President | Chief Executive Officer | ||||
| SCHEDULE A |
| amended as of July 22, 2025 |
| to the |
| ETF Master Services Agreement |
| between |
| Ultimus Managers Trust |
| and |
| Ultimus Fund Solutions, LLC |
| dated April21, 2021 |
| Fund Portfolio(s) |
| Q3 All-Season Active Rotation ETF |
| Q3 All-Season Tactical Advantage Fund |
| Westwood Salient Enhanced Midstream Income ETF |
| Westwood Salient Enhanced Energy Income ETF |
| Westwood LBRTY Global Equity ETF |
| Westwood LBRTY Emerging Markets Equity ETF |
| Westwood LBRTY International ETF |