Common use of Name of Series Date Added Clause in Contracts

Name of Series Date Added. Sxxxxxxx Short Duration High Income Fund On or after September 20, 2012 Sxxxxxxx Floating Rate High Income Fund On or after June 20, 2014 Multiple Series Trust FUND ACCOUNTING, FUND ADMINISTRATION & PORTFOLIO COMPLIANCE, AND CHIEF COMPLIANCE OFFICER (CCO) SERVICES FEE SCHEDULE at September, 2012 Annual Fee Based Upon Average Net Assets Per Fund* ___ basis points on the first $___ ___ basis points on the next $___ ___ basis points on the balance Annual Minimum fee: $___ § Additional share class fee of $___ Services Included in Annual Fee Per Fund § Daily Performance Reporting § Advisor Information Source Web Portal § USBFS Legal Administration (e.g., registration statement update) CCO Annual Fees (Per Advisor Relationship/Fund)* § $___ for the first fund (subject to change based on Board review and approval) § $___ for each additional fund (subject to change based on Board review and approval) § $___ /sub-advisor per fund Out-Of-Pocket Expenses Including but not limited to pricing services, corporate action services, fair value pricing services, factor services, customized reporting, third-party data provider costs (including GICS, MSCI, etc), postage, stationery, programming, special reports, proxies, insurance, EXXXX/XBRL filing, retention of records, federal and state regulatory filing fees, expenses from Board of directors meetings, third party auditing and legal expenses, wash sales reporting (GainsKeeper), tax e-filing, conversion expenses (if necessary), and CCO team travel related costs to perform due diligence reviews at advisor or sub-advisor facilities. Additional Services Available but not included above are the following services – Daily compliance testing (Cxxxxxx River), Section 15(c) reporting, equity attribution, electronic Board book portal (BookMark), and additional services mutually agreed upon. *Subject to annual CPI increase, Milwaukee MSA. Fees are billed monthly Advisor’s Signature not required as fees are not changing; only the Sxxxxxxx Floating Rate High Income Fund is being added. Amended Exhibit FF (continued) to the Advisors Series Trust Fund Accounting Servicing Agreement FUND ACCOUNTING SERVICES SUPPLEMENTAL SERVICES FEE SCHEDULE at September, 2012

Name of Series Date Added. Sxxxxxxx Short Duration High Income Pzena Mid Cap Value Fund On or after September 20Xxxxx 00, 2012 Sxxxxxxx Floating Rate High Income 0000 Xxxxx Emerging Markets Value Fund On or after Xxxxx 00, 0000 Xxxxx Long/Short Value Fund On or after Xxxxx 00, 0000 Xxxxx Small Cap Value Fund On or after Xxxxx 0, 0000 Xxxxx International Small Cap Value Fund On or after June 2013, 2014 2018 Multiple Series Trust FUND ACCOUNTING, FUND ADMINISTRATION & PORTFOLIO COMPLIANCE, AND CHIEF COMPLIANCE OFFICER (CCO) SERVICES FEE SCHEDULE at SeptemberMarch, 2012 2014 Annual Fee Based Upon Average Net Assets Per Fund* ___ [ ] basis points on the first $___ ___ [ ] [ ] basis points on the next $___ ___ [ ] [ ] basis points on the balance Annual above $[ ] Minimum annual fee: $___ [ ] per fund (normally $[ ] per fund) § Additional share class fee of $___ [ ] for each additional class § Additional fee of $[ ] per manager/sub-advisor per fund Services Included in Annual Fee Per Fund § Daily Performance Reporting § Advisor Information Source Web Portal § USBFS Legal Administration (e.g., registration statement update) Section 15(c) Reporting § $[ ] /fund per report – first class § $[ ] /additional class report CCO Annual Fees (Per Advisor Relationship/Fund)* § $___ for the first fund [ ] /fund (subject to change based on Board review and approvalnormally $[ ] per fund) § $___ for each additional fund (subject to change based on Board review and approval) § $___ /sub[ ] / sub-advisor per fund Out-Of-Pocket Expenses Including but not limited to pricing services, corporate action services, fair value pricing services, factor services, customized reporting, third-party data provider costs (including GICS, MSCI, etc)costs, postage, stationery, programming, special reports, proxies, insurance, EXXXX/XBRL XXXXX filing, retention of records, federal and state regulatory filing fees, expenses from Board of directors meetings, third party auditing and legal expenses, wash sales reporting (GainsKeeper), tax e-filing, conversion expenses (if necessary), and CCO team travel related costs to perform due diligence reviews at advisor or sub-advisor facilities. Additional Services Available but not included above are the following services – Daily compliance testing (Cxxxxxx Xxxxxxx River), Section 15(c) reporting, equity attribution, electronic Board book portal (BookMark)materials, and additional services mutually agreed upon. *Subject to annual CPI increase, Milwaukee MSA. Fees are billed monthly Advisor’s monthly. Adviser's Signature not required as fees are not changing; only the Sxxxxxxx Floating Rate High Income Pzena International Small Cap Value Fund is being added. Amended Exhibit FF (continued) to the Advisors Series Trust Fund Accounting Servicing Agreement FUND ACCOUNTING SERVICES SUPPLEMENTAL SERVICES FEE SCHEDULE at September, 2012.

Name of Series Date Added. Sxxxxxxx Short Duration High Tortoise Select Income Bond Fund On on or after September 20November 16, 2012 Sxxxxxxx Floating Rate High Income Fund On or after June 20, 2014 Multiple Series Trust 2016 FUND ACCOUNTING, FUND ADMINISTRATION & ADMINISTRATION, PORTFOLIO COMPLIANCE, AND CHIEF COMPLIANCE OFFICER (CCO) SERVICES FEE SCHEDULE at SeptemberJanuary, 2012 2017 Annual Fee Based Upon Average Net Assets Per Fund* ___ Fund […] ([…] basis points points) on the first $___ ___ […] million […] ([…] basis points points) on the next $___ ___ […] million […] ([…] basis points points) on the balance Annual Minimum annual fee: $___ […] per fund § Additional share class fee of $___ Services Included in Annual Fee Per Fund […] for each additional class § Daily Performance Reporting § Advisor Information Source Web Portal § USBFS Legal Administration (e.g., registration statement update) Additional fee of $[…] per additional manager / sub-advisor per fund CCO Annual Fees (Per Advisor Relationship/Fund)* per fund or sub-advisor) § $___ for the first […] / fund (subject to change based on Board review and approval) § $___ for each additional fund (subject to change based on Board review and approval) § $___ /sub[…] / sub-advisor per fund Out-Of-Pocket Miscellaneous Expenses Including but not limited to pricing servicesto, corporate action services, fair value pricing services, factor servicesSWIFT processing, customized reporting, third-party data provider costs (including Bloomberg, S&P, Moody’s, Morningstar GICS, MSCI, Lipper, etc.), postage, stationery, programming, special reports, proxies, insurance, EXXXX/XBRL filing, retention of records, federal and state regulatory filing fees, expenses related to and including travel to and from Board of directors meetings, third party auditing and legal expenses, wash sales reporting (GainsKeeper), tax e-filing, PFIC monitoring, conversion expenses (if necessary), ) and CCO team travel related costs to perform due diligence reviews at advisor or sub-advisor facilities. Services Included § Daily Performance Reporting § Advisor Information Source Web Portal § USBFS Legal Administration (e.g., registration statement update) Additional Services Available but not included above are the following services – Daily compliance testing (Cxxxxxx River), Section 15(c) reporting, equity attribution, electronic Board book portal (BookMark)materials, and additional services mutually agreed upon. *Subject to annual CPI increase, Milwaukee MSA. Fees are billed monthly Advisor’s Signature not required as fees are not changing; only the Sxxxxxxx Floating Rate High Income Fund is being addedmonthly. Amended Exhibit FF X (continued) to the Advisors Managed Portfolio Series Trust Fund Accounting Servicing Agreement FUND ACCOUNTING SERVICES – Tortoise SUPPLEMENTAL SERVICES FEE SCHEDULE at SeptemberJanuary, 20122017 Pricing Services § $[…] Domestic and Canadian Equities/Options § $[…] Corp/Gov/Agency Bonds/International Equities/Futures/Currency Rates § $[…] CMOs/Municipal Bonds/Money Market Instruments/International Bonds § $[…] - Bank Loans § $[…] - Credit Default Swaps/Swaptions § $[…] - Basic Interest Rate Swaps § $[…] /Fund per Month - Mutual Fund Pricing § $[…] /Foreign Equity Security per Month for Corporate Action Service § $[…] /Domestic Equity Security per Month for Corporate Action Service § $[…] /Month Manual Security Pricing (>10/day) Fair Value Services (Interactive Data) § $[…] on the First 100 Securities/Day § $[…] on the Balance of Securities/Day Corporate Action and Factor Services (security paydown) · $[…] per Foreign Equity Security per Month · $[…] per Domestic Equity Security per Month · $[…] per CMOs, Asset Backed, Mortgage Backed Security per Month Third Party Administrative Data Charges (descriptive data for each security) § $[…] per security per month for fund administrative data NOTE: Prices above are based on using U.S. Bancorp primary pricing service which may vary by security type and are subject to change. Use of alternative and/or additional sources may result in additional fees. Pricing vendors may designate certain securities as hard to value or as a non-standard security type, such as CLOs and CDOs, which may result in additional fees. Advisor’s Signature below acknowledges approval of the fee schedule on this Exhibit X. Tortoise Credit Strategies, LLC By: _____________________________ Printed Name: _____________________ Title: ____________________________ Date: ______________

Name of Series Date Added. Sxxxxxxx Short Duration High Income Lxxxx Capital Large Cap Growth Fund On or after September 20, 2012 Sxxxxxxx Floating Rate High Income Fund On on or after June 2012, 2014 2012 Lxxxx Capital International Fund on or after June 12, 2012 Lxxxx Capital Small Cap Growth Fund on or after June 12, 2012 Lxxxx Capital Large Cap Core Fund on or after June 12, 2012 Multiple Series Trust FUND ACCOUNTING, FUND ADMINISTRATION & PORTFOLIO COMPLIANCE, AND CHIEF COMPLIANCE OFFICER (CCO) SERVICES FEE SCHEDULE at SeptemberJune, 2012 Annual Fee Based Upon Average Net Assets Per Fund* ___ 10 basis points on the first $___ ___ 8 basis points on the next $___ ___ 5 basis points on the balance Annual Minimum annual fee: $___ per fund § Additional share class fee of $___ for each additional class § Additional fee of $___ per manager/sub-advisor per fund Services Included in Annual Fee Per Fund § Daily Performance Reporting § Advisor Information Source Web Portal § USBFS Legal Administration (e.g., registration statement update) CCO Annual Fees (Per Advisor Relationship/Fund)* § $___ /fund for the first fund year (subject to change based on Board review and approval) § $___ for /fund after the first year and each additional fund (subject to change based on Board review and approval) § $___ /sub-advisor per fund Out-Of-Pocket Expenses Including but not limited to pricing services, corporate action services, fair value pricing services, factor services, customized reporting, third-party data provider costs (including GICS, MSCI, etc), postage, stationery, programming, special reports, proxies, insurance, EXXXX/XBRL filing, retention of records, federal and state regulatory filing fees, expenses from Board of directors meetings, third party auditing and legal expenses, wash sales reporting (GainsKeeper), tax e-filing, conversion expenses (if necessary), and CCO team travel related costs to perform due diligence reviews at advisor or sub-advisor facilities. Additional Services Available but not included above are the following services – Daily compliance testing (Cxxxxxx River), Section 15(c) reporting, equity attribution, electronic Board book portal (BookMark)materials, and additional services mutually agreed upon. *Subject to annual CPI increase, Milwaukee MSA. Fees are billed monthly monthly. Advisor’s Signature not required as fees are not changing; only below acknowledges approval of the Sxxxxxxx Floating Rate High Income Fund is being addedtwo fee schedules on this Exhibit EE. Amended Lxxxx Capital Management, Inc. Date: _______________ Lxxxx – 6/2012 Exhibit FF EE (continued) to the Advisors Series Trust Fund Accounting Administration Servicing Agreement FUND ACCOUNTING ADMINISTRATION & COMPLIANCE PORTFOLIO SERVICES SUPPLEMENTAL SERVICES FEE SCHEDULE at SeptemberJune, 20122012 Annual Legal Administration (INCLUDED IN ANNUAL FEE) Add the following for legal administration services in support of external legal counsel, including annual registration statement update and drafting of supplements: § 1 basis point on assets § $___ additional minimum Additional Services (NOT INCLUDED IN ANNUAL FEE) § New fund launch – as negotiated based upon specific requirements § Subsequent new fund launch – $___ /project § Subsequent new share class launch – $___ /project § Multi-managed funds – as negotiated based upon specific requirements § Proxy – as negotiated based upon specific requirements Daily Compliance Services (Cxxxxxx River) § Base fee – $___ /fund per year § Setup – $___ /fund group § Data Feed – $___ /security per month Section 15(c) Reporting § $___ /fund per report – first class § $___ /additional class report Equity Attribution § $___ first user § $___ second user § $___ thereafter § Plus, $___-$___ annually

Name of Series Date Added. Sxxxxxxx Short Duration High Income Pzena Mid Cap Value Fund On or after September 20Xxxxx 00, 2012 Sxxxxxxx Floating Rate High Income 0000 Xxxxx Emerging Markets Value Fund On or after Xxxxx 00, 0000 Xxxxx Long/Short Value Fund On or after Xxxxx 00, 0000 Xxxxx Small Cap Value Fund On or after Xxxxx 0, 0000 Xxxxx International Small Cap Value Fund On or after June 2014, 2014 2018 Pzena International Value Fund On or after June 3, 2021 Multiple Series Trust FUND ACCOUNTING, FUND ADMINISTRATION & PORTFOLIO COMPLIANCE, AND CHIEF COMPLIANCE OFFICER (CCO) SERVICES FEE SCHEDULE at SeptemberJanuary, 2012 2020 Annual Fee Based Upon Average Net Assets Per Fundat Fund Complex Level* ___ 6 basis points on the first $___ ___ [ ] million 5 basis points on the next $___ ___ [ ] million 4 basis points on the balance Annual above $[ ] million Minimum annual fee: $___ § [ ] per fund (normally $[ ] per fund) • Additional share class fee of $___ [ ] for each additional class • Additional fee of $[ ] per manager/sub-advisor per fund Services Included in Annual Fee Per Fund § • Daily Performance Reporting § • Advisor Information Source Web Portal § • USBFS Legal Administration (e.g., registration statement update) Section 15(c) Reporting • $[ ] /fund per report – first class • $[ ] /additional class report CCO Annual Fees (Per Advisor Relationship/Fund)* § • $___ [ ] for the first advisor managed fund (subject to change based on Board review and approval) § • $___ [ ] for each additional fund (subject to change based on Board review and approval) § funds 2-5 managed by the advisor • $___ /sub[ ]/fund over 5 funds managed by the advisor • $[ ] / sub-advisor per fund Out-Of-Pocket Miscellaneous Expenses Including All other miscellaneous fees and expenses, including but not limited to pricing servicesthe following, corporate action serviceswill be separately billed as incurred: postage, fair value pricing servicesstationery, factor servicesprogramming, customized reportingspecial reports, third-party data provider costs (including Bloomberg, S&P, Moody’s, Morningstar GICS, MSCI, Lipper, etc.), postage, stationery, programming, special reports, proxies, insurance, EXXXXXXXXX/XBRL filing, retention of recordsrecord retention, federal and state regulatory filing fees, expenses related to and including travel to and from Board of directors meetings, third party auditing and legal expenses, wash sales reporting (GainsKeeper), tax e-filingfiling charges, PFIC monitoring and conversion expenses (if necessary), and CCO team travel related costs to perform due diligence reviews at advisor or sub-advisor facilities. Additional Services Available but Additional services not included above are shall be mutually agreed upon at the following services – Daily time of the service being added. U.S. Bank legal administration (e.g., annual legal administration and subsequent new fund launch), daily performance reporting, daily compliance testing (Cxxxxxx River)testing, Section 18 compliance testing, Section 15(c) reporting, equity attribution& fixed income attribution reporting, electronic Board book portal (BookMark), Master/Feeder Structures and additional services mutually agreed upon. In addition to the fees described above, additional fees may be charged to the extent that changes to applicable laws, rules or regulations require additional work or expenses related to services provided (e.g., compliance with new liquidity risk management and reporting requirements). *Subject to annual CPI increase, Milwaukee MSA. increase – All Urban Consumers – U.S. City Average Fees are calculated pro rata and billed monthly monthly. Advisor’s Signature is not required needed, as fees are the fee schedule is not changing; only the Sxxxxxxx Floating Rate High Income Fund is being added. Amended Exhibit FF (continued) to the Advisors Series Trust Fund Accounting Servicing Agreement FUND ACCOUNTING SERVICES SUPPLEMENTAL SERVICES FEE SCHEDULE at September, 2012.

Name of Series Date Added. Sxxxxxxx Short Duration Muzinich U.S. High Yield Corporate Bund Fund Muzinich Credit Opportunities Fund Muzinich High Income Floating Rate Fund On Muzinich Low Duration Fund on or after September 20May 24, 2012 Sxxxxxxx Floating Rate High Income Fund On or after June 20, 2014 Multiple Series Trust FUND ACCOUNTING, FUND ADMINISTRATION 2016 TRANSFER AGENT & PORTFOLIO COMPLIANCE, AND CHIEF COMPLIANCE OFFICER (CCO) SHAREHOLDER SERVICES ACCOUNT SERVICES FEE SCHEDULE at SeptemberMay, 2012 Annual Service Charges to the Fund for year one* (as amended 4/24/12) § Base Fee Based Upon Average Net Assets Per CUSIP (First [ ] months) $[ ]/year § Base Fee Per CUSIP (Second [ ] months) $[ ]/year § Additional cusips (First [ ] months) $[ ]/year § Additional cusips (Second [ ] months) $[ ]/year § NXXX Xxxxx 0 Accounts $[ ]/open account § No-Load Fund Accounts $[ ]/open account § Load Fund Accounts $[ ]/open account All funds will be subject to the standard Annual Service Charges as outlined below after 1 year of operations. Annual Service Charges to the Fund* ___ basis points on the first § Base Fee Per CUSIP $___ ___ basis points on the next $___ ___ basis points on the balance Annual Minimum fee: $___ [ ]/year § Additional share class fee of cusips $___ [ ]/year § NXXX Xxxxx 0 Accounts $[ ]/open account § No-Load Fund Accounts $[ ]/open account § Load Fund Accounts $[ ]/open account § Closed Accounts $[ ]/open account Services Included in Annual Base Fee Per Fund CUSIP § DST NSCC Charge § MFx Report Source Activity Charges § Manual Shareholder Transaction & Correspondence $[ ]/event § Omnibus Account Transaction $[ ]/transaction § Telephone Calls $[ ]/minute § Voice Response Calls $[ ]/call § Daily Performance Reporting § Advisor Information Source Web Portal § USBFS Legal Administration (e.g., registration statement update) CCO Annual Fees (Per Advisor RelationshipValuation/Fund)* Manual 401k Trade $[ ]/trade CUSIP Setup Charge § $___ for the first fund (subject to change based on Board review and approval) § $___ for each additional fund (subject to change based on Board review and approval) § $___ /sub-advisor per fund [ ]/ CUSIP Out-Of-Pocket Expenses Including but not limited to pricing servicestelephone toll-free lines, corporate action servicescall transfers, fair value pricing servicesmailing, factor services, customized reporting, third-party data provider costs (including GICS, MSCI, etc), sorting and postage, stationery, programmingenvelopes, service/data conversion, AML verification services, special reports, proxiesrecord retention, insuranceprocessing of literature fulfillment kits, EXXXX/XBRL filinglost shareholder search, retention of recordsdisaster recovery charges, federal and state regulatory filing ACH fees, expenses from Board of directors meetingsFed wire charges, third party auditing NSCC charges, voice response (VRU) maintenance and legal expensesdevelopment, wash sales reporting (GainsKeeper), tax e-filing, conversion expenses (if necessary)data communication and implementation charges, and CCO team travel related costs travel. Amended Exhibit Z (continued) to perform due diligence reviews the Professionally Managed Portfolios Transfer Agent Servicing Agreement TRANSFER AGENT & SHAREHOLDER SERVICES ACCOUNT SERVICES FEE SCHEDULE at advisor or sub-advisor facilities. May, 2012 Additional Services Available but not included above are the following services – Daily compliance testing - FAN Web shareholder e-commerce, FAN Mail electronic data delivery, Vision intermediary e-commerce, client Web data access (Cxxxxxx RiverMFx Portal), Section 15(c) client dedicated line data access, programming charges, training, Short-Term Trader reporting, equity attributioncost basis reporting, Excessive Trader, 12b-1 aging, investor e-mail services, dealer reclaim services, shareholder performance statements, Same Day Cash Flow System, money market fund service organizations, charges paid by investors, literature fulfillment, physical certificate processing, Jumbo pricing, expedited CUSIP setup, sales reporting & 22c-2 reporting (MARS), electronic Board book portal statements (BookMarkInforma), and additional services mutually agreed upon. *Subject to annual CPI increase, Milwaukee MSA. Fees are billed monthly monthly. Advisor’s 's Signature not required as fees are not changing; only . Only the Sxxxxxxx Floating Rate High Income Muzinich Low Duration Fund is being added. Muzinich 3 Amended Exhibit FF Z (continued) to the Advisors Series Trust Fund Accounting Professionally Managed Portfolios Transfer Agent Servicing Agreement FUND ACCOUNTING TRANSFER AGENT & SHAREHOLDER SERVICES SUPPLEMENTAL SERVICES FEE SCHEDULE - E-COMMERCE SERVICES – Fee Schedule at SeptemberMarch, 20122012 FAN Web Shareholder internet access to account information and transaction capabilities through a hyperlink at the fund group web site. Shareholders access account information, portfolio listing fund family, transaction history, purchase additional shares through ACH, etc. § FAN Web Premium (Fund Groups over [ ] open accounts) − Implementation - $[ ] /fund group – includes up to [ ] hours of technical/BSA support − Annual Base Fee - $[ ] /year § FAN Web Select (Fund Groups under [ ] open accounts) − Implementation - $[ ] /fund group – includes up to [ ] hours of technical/BSA support − Annual Base Fee - $[ ] /year § FAN Web Direct (API) – Quoted Separately § Customization - $[ ]/hour § Activity (Session) Fees: − Inquiry - $[ ] /event − Account Maintenance - $[ ]/event − Transaction – financial transactions, reorder statements, etc. - $[ ] /event − New Account Set-up - $[ ] /event (Not available with FAN Web Select) § Strong Authentication: − $[ ]/month per active FAN Web ID (Any ID that has had activity within the [ ]-day period prior to the billing cycle) FAN Mail Financial planner mailbox provides transaction, account and price information to financial planners and small broker/dealers for import into a variety of financial planning software packages. § Base Fee Per Management Company – file generation and delivery - $[ ] /year § Per Record Charge − Rep/Branch/ID - $[ ] − Dealer - $[ ] § Price Files - $[ ] /record or $[ ]/user per month, whichever is less Vision Mutual Fund Gateway Permits broker/dealers, financial planners, and RIAs to use a web-based system to perform order and account inquiry, execute trades, print applications, review prospectuses, and establish new accounts. § Inquiry Only − Inquiry - $[ ] /event − Per broker ID - $[ ] /month per ID § Transaction Processing − Implementation - $[ ]/management company − Transaction – purchase, redeem, exchange, literature order - $[ ] /event − New Account Setup – $[ ] /event Monthly Minimum Charge - $[ ]/month

Name of Series Date Added. Sxxxxxxx Short Duration High Tortoise Select Income Bond Fund On on or after September 20November 16, 2012 Sxxxxxxx Floating Rate High Income Fund On or after June 20, 2014 Multiple Series Trust 2016 FUND ACCOUNTING, FUND ADMINISTRATION & ADMINISTRATION, PORTFOLIO COMPLIANCE, AND CHIEF COMPLIANCE OFFICER (CCO) SERVICES FEE SCHEDULE at SeptemberJanuary, 2012 2017 Annual Fee Based Upon Average Net Assets Per Fund* ___ Fund […] ( 8 basis points points) on the first $___ ___ […] million […] ( 6 basis points points) on the next $___ ___ […] million […] ( 4 basis points points) on the balance Annual Minimum annual fee: $___ […] per fund § Additional share class fee of $___ Services Included in Annual Fee Per Fund […] for each additional class § Daily Performance Reporting § Advisor Information Source Web Portal § USBFS Legal Administration (e.g., registration statement update) Additional fee of $[…] per additional manager / sub-advisor per fund CCO Annual Fees (Per Advisor Relationship/Fund)* per fund or sub-advisor) § $___ for the first […] / fund (subject to change based on Board review and approval) § $___ for each additional fund (subject to change based on Board review and approval) § $___ /sub[…] / sub-advisor per fund Out-Of-Pocket Miscellaneous Expenses Including but not limited to pricing servicesto, corporate action services, fair value pricing services, factor servicesSWIFT processing, customized reporting, third-party data provider costs (including Bloomberg, S&P, Moody’s, Morningstar GICS, MSCI, Lipper, etc.), postage, stationery, programming, special reports, proxies, insurance, EXXXX/XBRL filing, retention of records, federal and state regulatory filing fees, expenses related to and including travel to and from Board of directors meetings, third party auditing and legal expenses, wash sales reporting (GainsKeeper), tax e-filing, PFIC monitoring, conversion expenses (if necessary), ) and CCO team travel related costs to perform due diligence reviews at advisor or sub-advisor facilities. Services Included § Daily Performance Reporting § Advisor Information Source Web Portal § USBFS Legal Administration (e.g., registration statement update) Additional Services Available but not included above are the following services – Daily compliance testing (Cxxxxxx River), Section 15(c) reporting, equity attribution, electronic Board book portal (BookMark)materials, and additional services mutually agreed upon. *Subject to annual CPI increase, Milwaukee MSA. Fees are billed monthly monthly. Advisor’s Signature not required as fees are not changing; only below acknowledges approval of the Sxxxxxxx Floating Rate High Income Fund is being added. Amended fee schedules on this Exhibit FF (continued) X. Tortoise Credit Strategies, LLC By: _____________________________ Printed Name: ____________________ Title: ____________________________ Date:________________________ Exhibit X to the Advisors Managed Portfolio Series Trust Fund Accounting Administration Servicing Agreement FUND ACCOUNTING ADMINISTRATION & PORTFOLIO COMPLIANCE – Tortoise ADDITIONAL SERVICES SUPPLEMENTAL SERVICES FEE SCHEDULE at SeptemberJanuary, 20122017

Name of Series Date Added. Sxxxxxxx Short Duration High Income Pzena Mid Cap Value Fund On or after September 20Xxxxx 00, 2012 Sxxxxxxx Floating Rate High Income 0000 Xxxxx Emerging Markets Value Fund On or after Xxxxx 00, 0000 Xxxxx Long/Short Value Fund On or after Xxxxx 00, 0000 Xxxxx Small Cap Value Fund On or after Xxxxx 0, 0000 Xxxxx International Small Cap Value Fund On or after June 2013, 2014 2018 Multiple Series Trust FUND ACCOUNTING, FUND ADMINISTRATION & PORTFOLIO COMPLIANCE, AND CHIEF COMPLIANCE OFFICER (CCO) SERVICES FEE SCHEDULE at SeptemberMarch, 2012 2014 Annual Fee Based Upon Average Net Assets Per Fund* ___ [ ] basis points on the first $___ ___ [ ] [ ] basis points on the next $___ ___ [ ] [ ] basis points on the balance Annual above $[ ] Minimum annual fee: $___ [ ] per fund (normally $[ ] per fund) § Additional share class fee of $___ [ ] for each additional class § Additional fee of $[ ] per manager/sub-advisor per fund Services Included in Annual Fee Per Fund § Daily Performance Reporting § Advisor Information Source Web Portal § USBFS Legal Administration (e.g., registration statement update) Section 15(c) Reporting § $[ ] /fund per report – first class § $[ ] /additional class report CCO Annual Fees (Per Advisor Relationship/Fund)* § $___ for the first fund [ ] /fund (subject to change based on Board review and approvalnormally $[ ] per fund) § $___ for each additional fund (subject to change based on Board review and approval) § $___ /sub[ ] / sub-advisor per fund Out-Of-Pocket Expenses Including but not limited to pricing services, corporate action services, fair value pricing services, factor services, customized reporting, third-party data provider costs (including GICS, MSCI, etc)costs, postage, stationery, programming, special reports, proxies, insurance, EXXXX/XBRL XXXXX filing, retention of records, federal and state regulatory filing fees, expenses from Board of directors meetings, third party auditing and legal expenses, wash sales reporting (GainsKeeper), tax e-filing, conversion expenses (if necessary), and CCO team travel related costs to perform due diligence reviews at advisor or sub-advisor facilities. Additional Services Available but not included above are the following services – Daily compliance testing (Cxxxxxx Xxxxxxx River), Section 15(c) reporting, equity attribution, electronic Board book portal (BookMark)materials, and additional services mutually agreed upon. *Subject to annual CPI increase, Milwaukee MSA. Fees are billed monthly Advisor’s Signature not required as fees are not changing; only the Sxxxxxxx Floating Rate High Income Fund is being addedmonthly. Amended Exhibit FF (continued) HH to the Advisors Series Trust Fund Accounting Servicing Agreement FUND ACCOUNTING SERVICES SUPPLEMENTAL SERVICES FEE SCHEDULE at SeptemberMarch, 20122014 Pricing Services § $[ ] Domestic and Canadian Equities/Options § $[ ] Corp/Gov/Agency Bonds/International Equities/Futures/Currency Rates § $[ ] CMOs/Municipal Bonds/Money Market Instruments/International Bonds § $[ ] - Bank Loans § $[ ] - Credit Default Swaps/Swaptions § $[ ] - Basic Interest Rate Swaps § $[ ] /Fund per Month - Mutual Fund Pricing § $[ ] /Foreign Equity Security per Month for Corporate Action Service § $[ ] /Domestic Equity Security per Month for Corporate Action Service § $[ ] /Month Manual Security Pricing (>10/day) Factor Services (BondBuyer) § $[ ] /CMO/Month § $[ ] /Mortgage Backed/Month § $[ ] /Month Minimum/Fund Group Fair Value Services (Interactive Data) § $[ ] on the First 100 Securities/Day § $[ ] on the Balance of Securities/Day NOTE: Prices above are based on using IDC as the primary pricing service and are subject to change. Use of alternative sources may result in additional fees. Adviser's Signature not required as fees are not changing; only the Pzena International Small Cap Value Fund is being added.

Name of Series Date Added. Sxxxxxxx Short Duration High Income Pzena Mid Cap Value Fund On or after September 20Mxxxx 00, 2012 Sxxxxxxx Floating Rate High Income 0000 Xxxxx Emerging Markets Value Fund On or after Mxxxx 00, 0000 Xxxxx Long/Short Value Fund On or after Mxxxx 00, 0000 Xxxxx Small Cap Value Fund On or after Mxxxx 0, 0000 Xxxxx International Small Cap Value Fund On or after June 2013, 2014 2018 Multiple Series Trust FUND ACCOUNTING, FUND ADMINISTRATION TRANSFER AGENT & PORTFOLIO COMPLIANCE, AND CHIEF COMPLIANCE OFFICER (CCO) SHAREHOLDER SERVICES ACCOUNT SERVICES FEE SCHEDULE at SeptemberMarch, 2012 2014 Annual Fee Based Upon Average Net Assets Per Service Charges to the Fund* ___ basis points on the first § Base Fee Per CUSIP $___ ___ basis points on the next [ ] /year (Normally $___ ___ basis points on the balance Annual Minimum fee: [ ] /cusip) § NXXX Xxxxx 0 Accounts $___ [ ] /open account § Additional share class fee of No-Load Fund Accounts $___ [ ] /open account § Load Fund Accounts $[ ] /open account § Closed Accounts $[ ] /closed account Services Included in Annual Base Fee Per Fund CUSIP § DST NSCC Charge § MFx Report Source Activity Charges § Manual Shareholder Transaction & Correspondence $[ ] /event § Omnibus Account Transaction $[ ] /transaction § Telephone Calls $[ ] /minute § Voice Response Calls $[ ] /call § Daily Performance Reporting § Advisor Information Source Web Portal § USBFS Legal Administration (e.g., registration statement update) CCO Annual Fees (Per Advisor RelationshipValuation/Fund)* Manual 401k Trade $[ ] /trade CUSIP Setup Charge § $___ for the first fund (subject to change based on Board review and approval) § $___ for each additional fund (subject to change based on Board review and approval) § $___ /sub-advisor per fund [ ] / CUSIP Out-Of-Pocket Expenses Including but not limited to pricing servicestelephone toll-free lines, corporate action servicescall transfers, fair value pricing servicesmailing, factor services, customized reporting, third-party data provider costs (including GICS, MSCI, etc), sorting and postage, stationery, programmingenvelopes, service/data conversion, AML verification services, special reports, proxiesrecord retention, insuranceprocessing of literature fulfillment kits, EXXXX/XBRL filinglost shareholder search, retention of recordsdisaster recovery charges, federal and state regulatory filing ACH fees, expenses from Board of directors meetingsFed wire charges, third party auditing NSCC charges, voice response (VRU) maintenance and legal expensesdevelopment, wash sales reporting (GainsKeeper), tax e-filing, conversion expenses (if necessary)data communication and implementation charges, and CCO team travel related costs to perform due diligence reviews at advisor or sub-advisor facilitiestravel. Additional Services Available but not included above are the following services – Daily compliance testing - FAN Web shareholder e-commerce, FAN Mail electronic data delivery, Vision intermediary e-commerce, client Web data access (Cxxxxxx RiverMFx Portal), Section 15(c) client dedicated line data access, programming charges, training, Short-Term Trader reporting, equity attributioncost basis reporting, Excessive Trader, 12b-1 aging, investor e-mail services, dealer reclaim services, shareholder performance statements, Same Day Cash Flow System, money market fund service organizations, charges paid by investors, literature fulfillment, physical certificate processing, Jumbo pricing, expedited CUSIP setup, sales reporting & 22c-2 reporting (MARS), electronic Board book portal statements (BookMarkInforma), and additional services mutually agreed upon. *Subject to annual CPI increase, Milwaukee MSA. Fees are billed monthly Advisor’s Signature not required as fees are not changing; only the Sxxxxxxx Floating Rate High Income Fund is being addedmonthly. Amended Exhibit FF (continued) GG to the Advisors Series Trust Fund Accounting Transfer Agent Servicing Agreement FUND ACCOUNTING TRANSFER AGENT & SHAREHOLDER SERVICES SUPPLEMENTAL SERVICES - E-COMMERCE SERVICES FEE SCHEDULE at March, 2014 FAN Web Shareholder internet access to account information and transaction capabilities through a hyperlink at the fund group web site. Shareholders access account information, portfolio listing fund family, transaction history, purchase additional shares through ACH, etc. § FAN Web Select (Fund Groups under [ ] open accounts) − Implementation - $[ ] /fund group – includes up to [ ] hours of technical/BSA support − Annual Base Fee - $[ ] /year § FAN Web Direct (API) – Quoted Separately § Customization - $[ ] /hour § Activity (Session) Fees: − Inquiry - $[ ] /event − Account Maintenance - $[ ] /event − Transaction – financial transactions, reorder statements, etc. - $[ ] /event − New Account Set-up - $[ ] /event (Not available with FAN Web Select) § Strong Authentication: − $[ ] /month per active FAN Web ID (Any ID that has had activity within the 180-day period prior to the billing cycle) FAN Mail Financial planner mailbox provides transaction, account and price information to financial planners and small broker/dealers for import into a variety of financial planning software packages. § Base Fee Per Management Company – file generation and delivery - $[ ] /year § Per Record Charge − Rep/Branch/ID - $[ ] − Dealer - $[ ] § Price Files - $[ ] or $[ ] /user per month, whichever is less Vision Mutual Fund Gateway Permits broker/dealers, financial planners, and RIAs to use a web-based system to perform order and account inquiry, execute trades, print applications, review prospectuses, and establish new accounts. § Inquiry Only − Inquiry - $[ ] /event − Per broker ID - $[ ] /month per ID § Transaction Processing − Implementation - $[ ] /management company − Transaction – purchase, redeem, exchange, literature order - $[ ] /event − New Account Setup – $[ ] /event − Monthly Minimum Charge - $[ ] /month Vision Electronic Statements Provides the capability for financial intermediaries to access electronic statements via the Vision application.* § Implementation Fees − Develop eBusiness Solutions Software - $[ ] /fund group − Code Print Software - $[ ] /fund group § Load charges − $[ ] /image § Archive charge (for any image stored beyond 2 years) − $[ ] /document *Normal Vision ID and activity charges also apply. Amended Exhibit GG to the Advisors Series Trust Transfer Agent Servicing Agreement TRANSFER AGENT & SHAREHOLDER SERVICES SUPPLEMENTAL SERVICES FEE SCHEDULE at SeptemberMarch, 20122014 FAF Money Market Fund Service Organizations § $[ ] /money market share class per year § Out-of-pocket expenses (see Transfer Agent Fee Schedule) Charges Paid by Investors Shareholder accounts will be charged based upon the type of activity and type of account, including the following: Qualified Plan Fees § $[ ] /qualified plan account or Cxxxxxxxx ESA account (Cap at $[ ] /SSN) § $[ ] /transfer to successor trustee § $[ ] /participant distribution (Excluding SWPs) § $[ ] /refund of excess contribution § $[ ] /reconversion/recharacterization Additional Shareholder Paid Fees § $[ ] /outgoing wire transfer or overnight delivery § $[ ] /telephone exchange § $[ ] /return check or ACH or stop payment § $[ ] /research request per account (Cap at $[ ] /request) (This fee applies to requests for statements older than the prior year) Literature Fulfillment Services* § Account Management − $[ ] /month (account management, lead reporting and database administration) § Out-of-Pocket Expenses − Kit and order processing expenses, postage, and printing § Inbound Teleservicing Only − Account Management - $[ ] /month − Call Servicing - $[ ] /minute § Lead Conversion Reporting (Closed Loop) − Account Management - $[ ] /month − Database Installation, Setup - $[ ] /fund group − Specialized Programming - (Separate Quote)* *Fees exclude postage and printing charges.

Name of Series Date Added. Sxxxxxxx Short Duration High Income Pzena Mid Cap Value Fund On or after September 20Xxxxx 00, 2012 Sxxxxxxx Floating Rate High Income 0000 Xxxxx Emerging Markets Value Fund On or after Xxxxx 00, 0000 Xxxxx Long/Short Value Fund On or after Xxxxx 00, 0000 Xxxxx Small Cap Value Fund On or after Xxxxx 0, 0000 Xxxxx International Small Cap Value Fund On or after June 2014, 2014 2018 Pzena International Value Fund On or after June 3, 2021 Multiple Series Trust FUND ACCOUNTING, FUND ADMINISTRATION & PORTFOLIO COMPLIANCE, AND CHIEF COMPLIANCE OFFICER (CCO) SERVICES FEE SCHEDULE at SeptemberJanuary, 2012 2020 Annual Fee Based Upon Average Net Assets Per Fundon a Fund Complex Level* ___ 6 basis points on the first $___ ___ [ ] million 5 basis points on the next $___ ___ [ ] million 4 basis points on the balance Annual above $[ ] million Minimum annual fee: $___ § [ ]per fund (normally $[ ] per fund) • Additional share class fee of $___ [ ]for each additional class • Additional fee of $[ ] per manager/sub-advisor per fund Services Included in Annual Fee Per Fund § • Daily Performance Reporting § • Advisor Information Source Web Portal § • USBFS Legal Administration (e.g., registration statement update) Section 15(c) Reporting • $[ ] /fund per report – first class • $[ ] /additional class report CCO Annual Fees (Per Advisor Relationship/Fund)* § • $___ [ ] for the first advisor managed fund (subject to change based on Board review and approval) § • $___ [ ] for each additional fund (subject to change based on Board review and approval) § funds 2-5 managed by the advisor • $___ /sub[ ]/fund over 5 funds managed by the advisor • $[ ] / sub-advisor per fund Out-Of-Pocket Miscellaneous Expenses Including All other miscellaneous fees and expenses, including but not limited to pricing servicesthe following, corporate action serviceswill be separately billed as incurred: Fair Value Services, fair value pricing services, factor services, SWIFT processing and customized reporting, third-party data provider costs (including GICS, MSCI, etc), postage, stationery, programming, special reports, proxies, insurance, EXXXX/XBRL filing, retention of records, federal and state regulatory filing fees, expenses from Board of directors meetings, third party auditing and legal expenses, wash sales reporting (GainsKeeper), tax e-filing, conversion expenses (if necessary), and CCO team travel related costs to perform due diligence reviews at advisor or sub-advisor facilities. Additional Services Available but Additional services not included above are shall be mutually agreed upon at the following services – Daily compliance testing (Cxxxxxx River), Section 15(c) reporting, equity attribution, electronic Board book portal (BookMark), time of the service being added. Master/Feeder structures and additional services mutually agreed upon. In addition to the fees described above, additional fees may be charged to the extent that changes to applicable laws, rules or regulations require additional work or expenses related to services provided (e.g., compliance with new liquidity risk management and reporting requirements). *Subject to annual CPI increase, Milwaukee MSA. increase – All Urban Consumers – U.S. City Average Fees are calculated pro rata and billed monthly Advisor’s Signature not required as fees are not changing; only the Sxxxxxxx Floating Rate High Income Fund is being addedmonthly. Amended Exhibit FF (continued) HH to the Advisors Series Trust Fund Accounting Servicing Agreement FUND ACCOUNTING SERVICES SUPPLEMENTAL SERVICES FEE SCHEDULE at SeptemberJanuary, 20122020 Pricing Services • $[ ] Domestic and Canadian Equities/Options • $[ ] Corp/Gov/Agency Bonds/International Equities/Futures/Currency Rates • $[ ] CMOs/Municipal Bonds/Money Market Instruments/International Bonds • $[ ] - Bank Loans • $[ ]- Credit Default Swaps/Swaptions • $[ ] - Basic Interest Rate Swaps • $[ ] /Fund per Month - Mutual Fund Pricing • $[ ] /Foreign Equity Security per Month for Corporate Action Service • $[ ] /Domestic Equity Security per Month for Corporate Action Service • $[ ] /Month Manual Security Pricing (>10/day) Factor Services (BondBuyer) • $[ ] /CMO/Month • $[ ] /Mortgage Backed/Month • $[ ] /Month Minimum/Fund Group Fair Value Services (Interactive Data) • $[ ] on the First 100 Securities/Day • $[ ] on the Balance of Securities/Day NOTE: Prices above are based on using IDC as the primary pricing service and are subject to change. Use of alternative sources may result in additional fees. Advisor’s Signature is not needed, as fee schedule is not changing.