0000894189-04-001221 Sample Contracts

ADVISORS SERIES TRUST INVESTMENT ADVISORY AGREEMENT Chase Mid Cap Fund
Investment Advisory Agreement • July 22nd, 2004 • Advisors Series Trust • California

THIS INVESTMENT ADVISORY AGREEMENT is made as of the ____ day of ___________, 2004, by and between Advisors Series Trust, a Delaware business trust (hereinafter called the "Trust"), on behalf of the following series of the Trust, Chase Mid Cap Growth Fund (the "Fund") and Chase Investment Counsel Corp, a Virginia Corporation company (hereinafter called the "Advisor").

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ADVISORS SERIES TRUST OPERATING EXPENSES LIMITATION AGREEMENT
Advisors Series Trust • July 22nd, 2004 • Advisors Series Trust • California

THIS OPERATION EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of July 21, 2004 by and between ADVISORS SERIES TRUST, a Delaware business trust (the “Trust”), on behalf of the Chase Mid Cap Growth Fund (the “Fund”), a series of the Trust, and the Advisor of the Fund, Chase Investment Counsel Corp. (the “Advisor”).

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