THIRD AMENDMENT

TO MASTER SERVICES AGREEMENT

This Third Amendment (this “Amendment”) to the Master Services Agreement dated as of March 1, 2016, as amended (the “Agreement”), by and between Foreside Management Services, LLC, a Delaware limited liability company (the “Client”), on behalf of Praxis Mutual Funds, a Delaware statutory trust (the “Trust”), and Ultimus Fund Solutions, LLC, an Ohio limited liability company (“Ultimus”), is effective as of January 1, 2020 (the “Effective Date”).

WHEREAS, the parties desire to amend Section 4.3 of the Agreement as depicted more fully below; and

WHEREAS, pursuant to Section 21.3 of the Agreement, the parties may only amend or waive all or part of this Agreement by written amendment or waiver signed by both parties.

NOW, THEREFORE, in consideration of the premises and the mutual covenants and agreements herein set forth, the parties hereto agree as follows:

1. Capitalized terms not otherwise defined herein shall have the meanings set forth in the Agreement.

2. Section 4.3 of the Agreement hereby is deleted in its entirety and replaced with the following:

4.3. The cost of obtaining secondary security market quotes and other securities data;

3. Except as hereby amended, the Agreement shall remain in full force and effect.

4. 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.

5. This Amendment shall be governed by, and the provisions of this Amendment shall be construed and interpreted under and in accordance with, the laws of the State of Ohio and the applicable provisions of the 1940 Act.

IN WITNESS WHEREOF, each party hereto has caused this Amendment to be executed by its duly authorized officer as of the Effective Date.

FORESIDE MANAGEMENT SERVICES, LLC		ULTIMUS FUND SOLUTIONS, LLC
By:	/s/ David M. Whitaker	By:	/s/ David James
	Name: David M. Whitaker		Name: David James
	Title: President		Title: EVP, Chief Legal and Risk Officer