INVESTMENT SUB-ADVISORY AGREEMENTInvestment Sub-Advisory Agreement • October 30th, 2014 • AdvisorShares Trust • Delaware
AGREEMENT (the “Agreement”) made as of this 19th day of September, 2014 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 Morgan Creek Capital Management, LLC, a North Carolina limited liability company with its principal place of business at 301 West Barbee Chapel Road, Suite 200, Chapel Hill, North Carolina, 27517 (the “Sub-Adviser”).
EXPENSE LIMITATION AGREEMENTExpense Limitation Agreement • October 30th, 2014 • AdvisorShares Trust • Delaware
EXPENSE LIMITATION AGREEMENT, effective as of September 19, 2014 by and between ADVISORSHARES INVESTMENTS, LLC (the “Adviser”) and Morgan Creek Capital Management, LLC (the “Sub-Adviser”) (the “Agreement”).
