AMENDMENT TO THE ADVISORS SERIES TRUST FUND ACCOUNTING SERVICING AGREEMENT

AMENDMENT TO THE

ADVISORS SERIES TRUST

FUND ACCOUNTING SERVICING AGREEMENT

THIS AMENDMENT dated as of the 20th day of June, 2014, to the Fund Accounting Servicing Agreement, dated as of June 8, 2006, as amended (the “Agreement"”), is entered into by and between Advisors Series Trust, a Delaware statutory trust (the “Trust”) on behalf of its separate series listed on Amended Exhibit FF attached hereto (as amended from time to time), and U.S. Bancorp Fund Services, LLC, a Wisconsin limited liability company (“USBFS”).

RECITALS

WHEREAS, the parties have entered into a Fund Accounting Servicing Agreement; and

WHEREAS, the parties desire to amend the listed series of the Trust to add the Xxxxxxxx Floating Rate High Income Fund; and

WHEREAS, Section 15 of the Agreement allows for its amendment by a written instrument executed by both parties.

NOW, THEREFORE, the parties agree to amend the following:

Exhibit FF is hereby superseded and replaced with Amended Exhibit FF attached hereto.

Except to the extent amended hereby, the Agreement shall remain in full force and effect.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by a duly authorized officer on one or more counterparts as of the date and year first written above.

ADVISORS SERIES TRUST U.S. BANCORP FUND SERVICES, LLC

By: /s/ Xxxxxxx X. Xxxx                                                       By: /s/ Xxxxxxx X. XxXxx                                                      

Printed Name: Xxxxxxx X. Xxxx                                                                Printed Name: Xxxxxxx X. XxXxx

Title:  President                                                                           Title: Executive Vice President

Amended Exhibit FF to the Advisors Series Trust Fund Accounting Servicing Agreement

Separate Series of Xxxxxxxx Capital Management, Inc.

Name of Series                                                                                      Date Added

Xxxxxxxx Short Duration High Income Fund                                                                                                On or after September 20, 2012

Xxxxxxxx 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, XXXXX/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 (Xxxxxxx 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 Xxxxxxxx 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

Pricing Services*

§ $___ - Domestic Equities, Options, ADRs

§ $___ - Domestic Corporate/Convertible/Gov’t/Agency Bonds, Foreign Equities, Futures, Forwards, Currency

                   Rates

§ $___ - CMOs, Municipal Bonds, Money Market Instruments, Foreign Corporate/Convertible/Gov’t/Agency

                   Bonds, Asset Backed Securities, Mortgage Backed Securities

§ $___ - Bank Loans

§ $___ - Credit Default Swaps

§ $___ - Swaptions, Index Swaps

§ $___ - Interest Rate Swaps, Foreign Currency Swaps, Total Return Swaps, Total Return Bullet Swaps

Corporate Action & Manual Pricing Services

§ $___ /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 ___ Securities

§ $___ on the Balance of Securities

* Per security per fund per pricing day.

NOTE: Prices above are based on using IDC as the primary pricing service and are subject to change.  Use of alternative and/or additional sources may result in additional fees.