0000894189-07-001259 Sample Contracts

MASTERS’ SELECT SMALLER COMPANIES FUND MASTERS’ SELECT FUNDS TRUST INVESTMENT SUB-ADVISORY AGREEMENT
Investment Sub-Advisory Agreement • April 30th, 2007 • Masters Select Funds Trust • California

THIS INVESTMENT SUB-ADVISORY AGREEMENT is made as of the 11th day of July 2006 by and between LITMAN/GREGORY FUND ADVISORS, LLC (the “Advisor”) and COPPER ROCK CAPITAL PARTNERS LLC (the “Sub-Advisor”).

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AMENDED AND RESTATED FUND ADMINISTRATION SERVICING AGREEMENT
Fund Administration Servicing Agreement • April 30th, 2007 • Masters Select Funds Trust • Wisconsin

THIS AGREEMENT is made and entered into as of this 28th day of May, 2003, by and between Masters’ Select Funds, a Delaware statutory trust (the “Trust”) and U.S. Bancorp Fund Services, LLC, a Wisconsin limited liability company (“USBFS”).

THE MASTERS’ SELECT FUNDS TRUST AMENDMENT TO THE AMENDED AND RESTATED FUND ADMINISTRATION SERVICING AGREEMENT
Fund Administration Servicing Agreement • April 30th, 2007 • Masters Select Funds Trust

THIS AMENDMENT dated as of this 2nd day of February, 2007, to the Amended and Restated Fund Administration Servicing Agreement, dated as of May 28, 2003, (the “Agreement”), as amended as of June 8, 2006, is entered by and between The Masters’ Select Fund Trust, a Delaware statutory trust (the “Trust”), and U.S. Bancorp Fund Services, LLC, a Wisconsin limited liability company (“USBFS”).

THE MASTERS’ SELECT FUNDS TRUST AMENDMENT TO THE DISTRIBUTION AGREEMENT
Distribution Agreement • April 30th, 2007 • Masters Select Funds Trust

THIS AMENDMENT dated as of this 2nd day of February, 2007, to the Distribution Agreement, dated as of February 25, 2004 (the “Agreement”), is entered by and among The Masters’ Select Funds Trust, a Delaware statutory trust (the “Trust”), Litman/Gregory Fund Advisors, LLC., a California limited liability company (the “Advisor”) and Quasar Distributors, LLC, a Delaware limited liability company (the “Distributor”).

THE MASTERS’ SELECT FUNDS TRUST AMENDMENT TO THE DISTRIBUTION AGREEMENT
Distribution Agreement • April 30th, 2007 • Masters Select Funds Trust

THIS AMENDMENT dated as of this 8th day of June, 2006, to the Distribution Agreement, dated as of February 25, 2004 (the “Agreement”), is entered by and among The Masters’ Select Funds Trust, a Delaware statutory trust (the “Trust”), Litman/Gregory Fund Advisors, LLC., a California limited liability company (the “Advisor”) and Quasar Distributors, LLC, a Delaware limited liability company (the “Distributor”).

THE MASTERS’ SELECT FUNDS TRUST AMENDMENT TO THE AMENDED AND RESTATED FUND ADMINISTRATION SERVICING AGREEMENT
Fund Administration Servicing Agreement • April 30th, 2007 • Masters Select Funds Trust

THIS AMENDMENT dated as of the 8th day of June, 2006, to the Amended and Restated Fund Administration Servicing Agreement, dated as of May 28, 2003, (the “Agreement”), is entered by and between The Masters’ Select Fund Trust, a Delaware statutory trust (the “Trust”) and U.S. Bancorp Fund Services, LLC, a Wisconsin limited liability company (“USBFS”).

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