OPERATING EXPENSE LIMITATION AND SECURITY AGREEMENT between Two Roads Shared Trust and Anfield Capital Management, LLC dated July 1, 2014 APPENDIX A As amended: December 29, 2020
OPERATING EXPENSE LIMITATION AND SECURITY AGREEMENT
between Two Roads Shared Trust and Anfield Capital Management, LLC
dated July 1, ▇▇▇▇
▇▇▇▇▇▇▇▇ A
As amended: December 29, 2020
| Fund | Operating Expense Limit | Minimum Duration |
| ANFIELD UNIVERSAL FIXED INCOME FUND | ||
| Class A | 1.75% | March 1, 2022 |
| Class C | 2.50% | March 1, 2022 |
| Class I | 1.50% | March 1, ▇▇▇▇ |
▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇,
▇▇ behalf of the Funds included herein on Appendix A
By: /s/▇▇▇ ▇▇▇▇▇▇▇▇▇
Name: ▇▇▇ ▇▇▇▇▇▇▇▇▇
Title: President
ANFIELD CAPITAL MANAGMENT, LLC
By: /s/▇▇▇▇▇ ▇▇▇▇▇
Name: ▇▇▇▇▇ ▇▇▇▇▇
Title: Chief Executive Officer