VALUED ADVISERS TRUST INVESTMENT ADVISORY AGREEMENT INVESTMENT ADVISORY AGREEMENTInvestment Advisory Agreement • June 29th, 2012 • Valued Advisers Trust • Delaware
INVESTMENT ADVISORY AGREEMENT (the "Agreement") made as of this 7th day of December 2011 by and between Valued Advisers Trust (the “Trust”), a Delaware statutory trust registered as an investment company under the Investment Company Act of 1940, as amended (the “1940 Act”), and Granite Investment Advisors, Inc. (the “Adviser”), a Delaware limited liability company with its principal place of business in Chicago, Illinois.
