OTE

COMMITMENTS AND CONTINGENCIES

Lease Commitments

Gourmet Foods has operating leases for its office, factory and warehouse facilities located in Tauranga, New Zealand, as well as for certain equipment including vehicles. These leases are generally for

three

-year terms, with options to renew for additional

three

-year periods. The leases mature between

August 2018

and

August 2021,

and require monthly rental payments of approximately

US$11,474

translated to U.S. currency as of

December 31, 2017.

Future minimum lease payments for Gourmet Foods are as follows:

Year Ended June 30,	Lease Amount
2018	$	68,844
2019		61,352
2020		18,110
2021		10,516
2022		1,753
Total minimum lease commitment	$	160,575

Gourmet Foods entered into a General Security Agreement in favor of the Gerald O

’Leary Family Trust and registered on the Personal Property Securities Register for a priority sum of

NZ$110,000

(approximately

US$78,058

) to secure the lease of its primary facility. In addition, a

NZ$20,000

(approximately

US$14,395

) bond has been posted through ANZ Bank and secured with a cash deposit of equal amount to secure a separate facilities lease. The General Security Agreement and the cash deposit will remain until such time as the respective leases are satisfactorily terminated in accordance with their terms. Interest from the cash deposit securing the lease accumulates to the benefit of Gourmet Foods and is listed as a component of interest income/expense on the accompanying Consolidated Statements of Operations.

Brigadier leases office and storage facilities in Saskatoon

and Regina, Saskatchewan. Only the Saskatoon facility has an extended lease where the minimum lease obligations through their expiry dates are indicated as below and require monthly payments of approximately

US$4,488

translated to U.S. currency as of

December 31, 2017.

Future minimum lease payments for Brigadier are as follows:

Year Ended June 30,	Lease Amount
2018	$	17,385
2019		31,873
Total minimum lease commitment	$	49,258

The total amount of rent paid by our foreign subsidiaries, including the minimum lease payments as noted above, for the

three

and

six

months ended

December 31, 2017

translated to U.S. currency using the period-average translation rate was

$39,687

and

$80,049,

respectively, as compared to the

three

and

six

month periods ended

December 31, 2016

$38,498

and

$77,130,

respectively.

Wainwright leases office space in Oakland, California under an operating lease, which expires in

October 2018.

Rent expense was

$36,175

and

$72,340

for the

three

and

six

months ended

December 31, 2017,

respectively, as compared to

$36,917

and

$71,608

for the

three

and

six

month periods ended

December 31, 2016,

respectively.

Future minimum rental payments required under the operating lease, which has remaining non-cancellable lease terms in excess of

one

year, are as follows:

Year Ended June 30,	Lease Amount
2018	$	68,000
2019		45,000
Total minimum lease commitment	$	113,000

Original Sprout currently sub-leases office and warehouse space in San Clemente, CA without a formal lease agreement until

March 1, 2018,

where after a new

three

-year lease takes effect. The total amount of rent paid for the

three

-month period ended

December 31, 2017

was

$2,331

with

rent being paid prior to

December 18, 2017.

The new lease will require monthly payments of approximately

$7,805

with increases annually thereafter. Future minimum lease payments required under the new lease commencing on

March 1, 2018

are as follows.

Year Ended June 30,	Lease Amount
2018	$	31,220
2019		93,788
2020		95,804
2021		66,216
Total minimum lease commitment	$	287,028

Other Agreements and Commitments

USCF Advisers has entered into expense limitation agreements with

one

of the funds it manages under which USCF

Advisers has agreed to waive, reimburse fees or pay fund expenses in order to limit the fund’s total annual operating expenses to certain threshold amounts. The USCF Commodity Strategy Fund expense limitation agreement remains in effect until

July 31, 2018

and limits fund expenses to

1.30%

and

0.95%

of the funds average daily net assets for the Class A and Class I shares classes, respectively. After such dates, USCF Advisers

may

terminate the expense limitation agreements at any time upon

not

less than

days’ notice to the respective fund trust boards.

USCF manages

seven

funds which have expense waiver provisions, whereby USCF will reimburse funds when fund expenditure levels exceed certain thresholds amounts.

As of

December 31, 2017

and

June 30, 2017

the expense waiver payable was

$866,316

and

$589,093,

respectively. Expense waiver expense for the

three

and

six

months ended

December 31, 2017

was

$218,000

and

$408,000,

respectively, as compared to

$239,000

and

$490,000

for the

three

and

six

months ended

December 31, 2016.

However, USCF has

obligation to continue such payments into subsequent periods.

Litigation

From time to time, the Company is involved in legal proceedings arising mainly from the ordinary course of its business. In management

’s opinion, the legal proceedings are

not

expected to have a material effect on the Company’s financial position or results of operations

Retirement Plan

Wainwright's wholly owned subsidiary USCF, has a

401

(k) Profit Sharing Plan covering its employees who are over

years of age and who have completed a minimum of

1,000

hours of service and have worked for USCF for

one

or more years. Participants

may

make contributions pursuant to a salary reduction agreement. In addition, USCF makes an annual safe harbor matching contribution. Annual profit sharing contributions paid totaled approximately

$84

thousand and

$63

thousand for each of the years ended June

30,

2017

and

2016,

respectively.