FORM OF APPENDIX I to the TRANSFER AGENCY AGREEMENT Dated July 16, 2009, amended as of ________, 2014 between each series of ADVISORSHARES TRUST listed herein on this Appendix I and THE BANK OF NEW YORK MELLON

Exhibit (h)(4)

FORM OF APPENDIX I

to the

TRANSFER AGENCY AGREEMENT

Dated July 16, 2009, amended as of ________, 2014 between

each series of ADVISORSHARES TRUST listed herein on this Appendix I

and

THE BANK OF NEW YORK MELLON

AdvisorShares Trust Series:

WCM / BNY Mellon Focused Growth ADR ETF

Accuvest Global Long Short ETF

Peritus High Yield ETF

Ranger Equity Bear ETF

Cambria Global Tactical ETF

Madrona Domestic ETF

Madrona International ETF

Madrona Global Bond ETF

Xxxxxxx Tactical ETF

TrimTabs Float Shrink ETF

Accuvest Global Opportunities ETF

STAR Global Buy-Write ETF

QAM Equity Hedge ETF

Global Echo ETF

Global Alpha & Beta ETF

Pring Xxxxxx Business Cycle ETF

Newfleet Multi-Sector Income ETF

International Gold ETF

Xxxxxxx Gold/Euro ETF

Xxxxxxx Gold/Yen ETF

Xxxxxxx Gold/British Pound ETF

Athena International Bear ETF

Sage Core Reserves ETF

Treesdale Rising Rates ETF

Sunrise Multi-Asset Hedged ETF

YieldPro ETF

Athena High Dividend ETF