FIFTEENTH AMENDMENT TO ETF DISTRIBUTION AGREEMENT
Exhibit (e)(16)
FIFTEENTH AMENDMENT TO
This fifteenth amendment (the “Amendment”) to the ETF Distribution Agreement dated as of May 31, 2017 as Novated (the “Agreement”), is entered into on June 4, 2021 (the “Execution Date”) by and between AdvisorShares Trust (the “Trust”) and Foreside Fund Services, LLC (“Foreside”), with an effective date of June 4, 2021 (the “Effective Date”).
WHEREAS, Foreside and the Trust (the “Parties”) desire to amend Exhibit A of the Agreement to reflect the addition of two Funds.
WHEREAS, Section 8(b) of the Agreement requires that all amendments and modifications to the Agreement be in writing and executed by all parties.
NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows:
| 1. | Capitalized terms not otherwise defined herein shall have the meanings set forth in the Agreement. |
| 2. | Exhibit A to the Agreement is hereby deleted in its entirety and replaced by Exhibit A attached hereto reflecting the addition of one Fund: “AdvisorShares Gerber Kawasaki ETF.” |
| 3. | Except as expressly amended hereby, all of the provisions of the Agreement are restated and in full force and effect to the same extent as if fully set forth herein. |
| 4. | 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 Delaware. |
IN WITNESS WHEREOF, the Parties hereto have caused this Amendment to be executed in their names and on their behalf by and through their duly authorized officers, on the Execution Date.
| ADVISORSHARES TRUST | FORESIDE FUND SERVICES, LLC | |||
| By: | /s/ Xxx Xxxxxx | By: | /s/ Xxxx Xxxxxxxxx | |
| Name: | Xxx Xxxxxx | Name: | Xxxx Xxxxxxxxx | |
| Title: | Secretary and Treasurer | Title: | Vice President | |
EXHIBIT A
Effective as of June 4, 2021
FUNDS
AdvisorShares FolioBeyond Smart Core Bond ETF
AdvisorShares Newfleet Multi-Sector Income ETF
AdvisorShares Ranger Equity Bear ETF
AdvisorShares Sage Core Reserves ETF
AdvisorShares STAR Global Buy-Write ETF
AdvisorShares DoubleLine Value Equity ETF
AdvisorShares Xxxxxx Xxxxxx ADR ETF
AdvisorShares Focused Equity ETF
AdvisorShares Vice ETF
AdvisorShares Xxxxxx Xxxxxx Micro-Cap ETF
AdvisorShares Xxxxxx Xxxxxx Short ETF
AdvisorShares Pure Cannabis ETF
AdvisorShares Xxxxxx Xxxxxx Alpha Equal Weight ETF
AdvisorShares Xxxxxx Xxxxxx FSM All Cap World ETF
AdvisorShares Xxxxxx Xxxxxx FSM US Core ETF
AdvisorShares Pure US Cannabis ETF
AdvisorShares Q Portfolio Blended Allocation ETF
AdvisorShares Q Dynamic Growth ETF
AdvisorShares Alpha DNA Equity Sentiment ETF
AdvisorShares Hotel ETF
AdvisorShares Restaurant ETF
AdvisorShares Gerber Kawasaki ETF
A-1
