Common Contracts

FORM OF CV U.S. High Yield Fund Operating Plan

Operating Plan • October 25th, 2013 • Starboard Investment Trust

• Contract Type
  Operating Plan
• Filed
  October 25th, 2013
• Company
  Starboard Investment Trust

This Operating Plan, made and entered into October 31, 2013, is entered into by and between CV Investment Advisors, LLC (“Advisor”) and The Nottingham Company (“Administrator”) with respect to the CV U.S. High Yield Fund (“Fund”) (formerly known as the CV Sector Rotational Fund), a series of the Starboard Investment Trust (“Trust”), a Delaware statutory trust.

FORM OF Brandywine Global U.S. High Yield Fund Operating Plan

Operating Plan • October 11th, 2013 • Starboard Investment Trust

• Contract Type
  Operating Plan
• Filed
  October 11th, 2013
• Company
  Starboard Investment Trust

This Operating Plan, made and entered into October 31, 2013, is entered into by and between CV Investment Advisors, LLC (“Advisor”) and The Nottingham Company (“Administrator”) with respect to the Brandywine Global U.S. High Yield Fund (“Fund”) (formerly known as the CV Sector Rotational Fund), a series of the Starboard Investment Trust (“Trust”), a Delaware statutory trust.