0001144204-16-107552 Sample Contracts

FORM OF INVESTMENT SUB-ADVISORY AGREEMENT
Investment Sub-Advisory Agreement • June 8th, 2016 • AdvisorShares Trust • Delaware

AGREEMENT (the “Agreement”) made as of this 10th day of March, 2016, by and between AdvisorShares Investments, LLC, a Delaware limited liability company with its principal place of business at 4800 Montgomery Lane, Suite 150, Bethesda, Maryland 20814 (the “Adviser”) and Korea Investment Management Co., Ltd., a South Korea Corporation with its principal place of business at 88, Uisadang-Daero, Yeongdeungpo-gu, Seoul, 150-745, Korea (the “Sub-Adviser”).

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FORM OF EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • June 8th, 2016 • AdvisorShares Trust • Delaware

EXPENSE LIMITATION AGREEMENT, effective as of 10th March, 2016 by and between ADVISORSHARES INVESTMENTS, LLC (the “Adviser”) and KOREA INVESTMENT MANAGEMENT CO., LTD (the “Sub-Adviser”) (the “Agreement”).

SEVENTEENTH AMENDMENT TO ADVISORSHARES® ETF DISTRIBUTION AGREEMENT
Etf Distribution Agreement • June 8th, 2016 • AdvisorShares Trust

This seventeenth amendment (the “Amendment”) to the AdvisorShares® Trust ETF Distribution Agreement (the “Agreement”) dated as of June 25, 2009, as amended from time to time, by and between AdvisorShares® Trust, a Delaware statutory trust (the “Trust”) and Foreside Fund Services, LLC, a Delaware limited liability company (the “Distributor”) is entered into as of June 8, 2016 (the “Effective Date”).

AMENDMENT TO ADVISORSHARES ADVISORY AGREEMENT
Advisory Agreement • June 8th, 2016 • AdvisorShares Trust

THIS AMENDMENT is made as of the 8th day of June 2016 to the Advisory Agreement dated June 2, 2009 (the “Agreement”) by and between AdvisorShares Investments, LLC (the “Adviser”) and AdvisorShares Trust (the “Trust”).

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