EX-99.28.D.3 2 fp0013996_ex9928d3.htm FORM OF SCHEDULE A TO THE INVESTMENT ADVISORY AGREEMENT BETWEEN REGISTRANT AND CUTLER INVESTMENT COUNSEL, LLC, ON BEHALF OF THE CUTLER EMERGING MARKETS FUND
 
THE CUTLER TRUST
INVESTMENT ADVISORY AGREEMENT

Schedule A
 
Advisory Fees

Fund
Fee as a % of the
Annual Average Daily
Net Assets of the Fund
Cutler Equity Fund
0.75%
Cutler Income Fund
0.50%
Cutler Emerging Markets Fund
0.85%

Accepted and Agreed with respect to the Cutler Emerging Markets Fund effective this 30th day of June 2015:

THE CUTLER TRUST
     
By:
 
  
 
Erich M. Patten
  
 
President
  
     
CUTLER INVESTMENT COUNSEL, LLC
     
By:
 
  
 
Matthew C. Patten
  
 
President