0001035449-07-000685 Sample Contracts

MANAGEMENT AGREEMENT
Management Agreement • December 21st, 2007 • Unified Series Trust • Ohio

The Trust has been organized to engage in the business of a registered open-end investment company. The Trust currently offers several series of shares to investors, one of which is the 3 To 1 Diversified Equity Fund (the “Fund”).

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INVESTMENT SUB-ADVISORY AGREEMENT
Investment Sub-Advisory Agreement • December 21st, 2007 • Unified Series Trust • Ohio

AGREEMENT made as of the ____ day of __________, 200_, by and between Pictet Asset Management Limited, a corporation organized under the laws of the United Kingdom, located at Moor House, Level 11, 120 London Wall, London, EC2Y 5ET, United Kingdom (the “Sub-Advisor”), and Envestnet Asset Management, Inc. a Delaware corporation located at 35 E Wacker Drive, Suite 1600, Chicago, IL 60601 (the “Advisor”).

Envestnet Letterhead] LETTER AGREEMENT December ____, 2007
Letter Agreement • December 21st, 2007 • Unified Series Trust
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