0000910472-12-000303 Sample Contracts

FUND SERVICES AGREEMENT between ADVISORONE FUNDS and
Fund Services Agreement • February 6th, 2012 • Advisorone Funds • New York
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Global Custody Agreement • February 6th, 2012 • Advisorone Funds • California

This Custodian Agreement (“Agreement”) is made as of December 15, 2011 by and between AdvisorOne Funds ("Principal") and Union Bank, N.A. ("Custodian").

ADVISORONE FUNDS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT HORIZON ACTIVE ASSET ALLOCATION FUND
Advisorone Funds Operating Expenses Limitation • February 6th, 2012 • Advisorone Funds • New York

THIS OPERATING EXPENSES LIMITATION AND SECURITY AGREEMENT (the “Agreement”) is effective as of the 15th day of December 2011, by and between ADVISORONE FUNDS, a Delaware business trust (the “Trust”), on behalf of HORIZON ACTIVE ASSET ALLOCATION FUND (the “Fund”) a series of the Trust, and the advisor of the Fund, Horizon Investments, LLC (the “Advisor”).

ADVISORONE FUNDS INVESTMENT ADVISORY AGREEMENT APPENDIX A FUNDS OF THE TRUST as of August 18, 2011
Investment Advisory Agreement • February 6th, 2012 • Advisorone Funds
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