0000894189-06-001375 Sample Contracts

DISTRIBUTION AGREEMENT
Distribution Agreement • May 31st, 2006 • Advisors Series Trust • Wisconsin

THIS AGREEMENT is made and entered into this ____ day of ____________, 2006, by and between ADVISORS SERIES TRUST, a Delaware business trust (the “Trust”), on behalf of its fund the Rigel U.S. Equity Large Cap Growth Fund and QUASAR DISTRIBUTORS, LLC, a Delaware limited liability company (the “Distributor”). RIGEL CAPITAL, LLC the investment advisor to the Fund (the “Advisor”), is a party hereto with respect to Section 5 only.

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ADVISORS SERIES TRUST OPERATING EXPENSES LIMITATION AGREEMENT
Operating Expenses Limitation Agreement • May 31st, 2006 • Advisors Series Trust • California

THIS OPERATING EXPENSES LIMITATION AGREEMENT (the “Agreement”) is effective as of the __ day of _________, 2006, by and between Advisors Series Trust, a Delaware statutory trust (the “Trust”), on behalf of Rigel U.S. Equity Large Cap Growth Fund (the “Fund”), a series of the Trust, and the Advisor of the Fund, Rigel Capital, LLC, a _____________________ limited liability company (the “Advisor”).

ADVISORS SERIES TRUST INVESTMENT ADVISORY AGREEMENT Rigel U.S. Equity Large Cap Growth Fund
Investment Advisory Agreement • May 31st, 2006 • Advisors Series Trust • California

THIS INVESTMENT ADVISORY AGREEMENT is made as of the ____ day of ___________, 2006, by and between Advisors Series Trust, a Delaware business trust (hereinafter called the "Trust"), on behalf of the following series of the Trust, Rigel U.S. Equity Large Cap Growth Fund (the "Fund") and Rigel Capital, LLC, a ____________________ limited liability company (hereinafter called the "Advisor").

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