0001144204-10-031947 Sample Contracts

FORM OF INVESTMENT SUB-ADVISORY AGREEMENT
Investment Sub-Advisory Agreement • June 4th, 2010 • AdvisorShares Trust • Delaware

AGREEMENT made as of this ___ day of ____________, 2010 by and between AdvisorShares Investments, LLC, a Delaware limited liability company with its principal place of business at 3 Bethesda Metro Center, Suite 700, Bethesda MD, 20814 (the “Adviser”) and Emerald Rock Advisors, LLC, a Washington limited liability company with its principal place of business at 300 E Pine, 2nd Floor, Seattle, WA 98122 (the “Sub-Adviser”).

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FORM OF EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • June 4th, 2010 • AdvisorShares Trust

EXPENSE LIMITATION AGREEMENT, effective as of _________ __, 2010 by and between ADVISORSHARES INVESTMENTS, LLC (the "Adviser") and Emerald Rock Advisors, LLC (the "Sub-Adviser") (the "Agreement").

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