FORM OF INVESTMENT SUB-ADVISORY AGREEMENTForm of Investment Sub-Advisory Agreement • March 4th, 2013 • AdvisorShares Trust • Delaware
Contract Type FiledMarch 4th, 2013 Company JurisdictionAGREEMENT (the “Agreement”) made as of this __ day of January, 2013 by and between AdvisorShares Investments, LLC, a Delaware limited liability company with its principal place of business at 2 Bethesda Metro Center, Suite 1330, Bethesda, Maryland 20814 (the “Adviser”) and Recon Capital Partners, LLC, a Delaware limited liability corporation with its principal place of business at 500 Mamaroneck Avenue, Suite 320, Harrison, New York 10528 (the “Sub-Adviser”).