APPENDIX B

CUSTODY AGREEMENTUpdated: March 17, 2016

The following open-end management investment companies ("Funds") are hereby made parties to the Custody Agreement dated September 9, 2011, with UMB Bank, n.a. ("Custodian") and Hillman Capital Management Investment Trust, and agree to be bound by all the terms and conditions contained in said Agreement:

The Hillman Fund

	HILLMAN CAPITAL  MANAGEMENT INVESTMENT TRUST
Attest:   Cassie J. Lower	By:  /s/ James H. Speed, Jr.
	Name:  James H. Speed, Jr.
	Title:    Chairman
	Date:    March 17, 2016
	UMB BANK, N.A.
Attest: D. Riddle	By:  /s/ Peter Bergman
	Name:  Peter Bergman
	Title:    Vice-President
	Date:   April 11, 2016
	THE NOTTINGHAM COMPANYSolely In Its Role As Payor Per Section 11
Attest: Cassie J. Lower	By:/s/ Katherine M. Honey
	Name:  Katherine M. Honey
	Title:    Vice President
	Date:    March 17, 2016