AMENDMENT NO. 1 TO THE OPERATING EXPENSES LIMITATION AGREEMENT
AMENDMENT
NO. 1 TO THE
This
AMENDMENT
NO. 1 (this “Amendment”), effective as of November 1, 2004, to the
Operating Expenses Limitation Agreement originally made and entered into on
January 1, 2001 (the “Agreement”), is entered into by and between ADVISORS
SERIES TRUST, a Delaware business trust (the “Trust”), on behalf of the Xxxxx
Xxxxx Value Fund (the “Fund”), and The Xxxxx Xxxxx Company, a Delaware
corporation (the “Advisor”).
RECITALS
WHEREAS, the parties have
entered into an Agreement; and
WHEREAS, the parties desire to
amend the Agreement to update Appendix A of the Agreement; and
NOW, THEREFORE, the parties
agree as follows:
Appendix A of the Agreement is hereby
superseded and replaced with Appendix A attached hereto.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.
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on
behalf of the
Xxxxx
Xxxxx Value Fund
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THE
XXXXX XXXXX COMPANY
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By: /s/ Xxxxxxx X.
Xxxx
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By:
/s/ Xxxxxxx X.
Xxxxxx
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Print
Name: Xxxxxxx X.
Xxxx
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Print
Name: Xxxxxxx X.
Xxxxxx
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Title:
President
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Title:
Vice
President
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1
Schedule
A
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Series or Fund of Advisors Series
Trust
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Operating Expense Limit
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Xxxxx
Xxxxx Value Fund
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1.14%
of average net assets
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2
