INVESTMENT SUB-ADVISORY AGREEMENTInvestment Sub-Advisory Agreement • December 30th, 2010 • AdvisorShares Trust • Delaware
AGREEMENT made as of this 22nd day of December, 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 Madrona Funds, LLC, a Washington limited liability company with its principal place of business at 2911 Bond Street, Suite 105, Everett, Washington 98201 (the “Sub-Adviser”).
EXPENSE LIMITATION AGREEMENTExpense Limitation Agreement • December 30th, 2010 • AdvisorShares Trust
EXPENSE LIMITATION AGREEMENT, effective as of December 22, 2010 by and between ADVISORSHARES INVESTMENTS, LLC (the "Adviser") and MADRONA FUNDS, LLC (the "Sub-Adviser") (the "Agreement").
