0001035449-08-000527 Sample Contracts

MANAGEMENT AGREEMENT
Management Agreement • October 16th, 2008 • 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 Jones Villalta Opportunity Fund (the “Fund”).

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JONES VILLALTA ASSET MANAGEMENT, LLC
Letter Agreement • October 16th, 2008 • Unified Series Trust

You have engaged us to act as the investment adviser to the Jones Villalta Opportunity Fund (the “Fund”) pursuant to a Management Agreement approved by the Board of Trustees.

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