0001162044-09-000752 Sample Contracts

TRANSFER AGENT AGREEMENT
Transfer Agent Agreement • December 23rd, 2009 • Archer Series Trust • Ohio

THIS AGREEMENT is made and entered into this _____ day of January, 2010, by and between the ARCHER INVESTMENT SERIES TRUST (the “Trust”), an Ohio business trust having its principal place of business at 9000 Keystone Crossing, Ste 630, Indianapolis, IN 46240, and Mutual Shareholder Services, LLC, a Delaware Limited Liability Company (“MSS”).

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ACCOUNTING SERVICES AGREEMENT
Accounting Services Agreement • December 23rd, 2009 • Archer Series Trust • Ohio

THIS AGREEMENT is made and entered into this _____ day of January, 2010, by and between the ARCHER INVESTMENT SERIES TRUST (the “Trust”), an Ohio business trust having its principal place of business at 9000 Keystone Crossing, Ste 630, Indianapolis, IN 46240, and Mutual Shareholder Services, LLC, a Delaware Limited Liability Company (“MSS”).

CUSTODY AGREEMENT
Custody Agreement • December 23rd, 2009 • Archer Series Trust • Ohio

THIS CUSTODY AGREEMENT (“Agreement”), dated as of ___________________________, 2010, is entered into by and between THE HUNTINGTON NATIONAL BANK, a national bank organized under the laws of the United States (the “Custodian” or “Bank”), and the Archer Balanced Fund , a separately stated series of the Archer Investment Series Trust a business trust formed under the laws of the State of Ohio (“Trust”).

BY-LAWS OF ARCHER INVESTMENT SERIES TRUST
Archer Series Trust • December 23rd, 2009
ADMINISTRATION AGREEMENT
Archer Investment Series Trust • December 23rd, 2009 • Archer Series Trust • Indiana

The Archer Investment Series Trust (the “Trust”) herewith confirms our agreement with you. The Trust has been organized to engage in the business of an open-end management investment company. The Trust currently, or expects to, offer one or more series of shares to investors.

AGREEMENT AND DECLARATION OF TRUST
Archer Series Trust • December 23rd, 2009

The undersigned being a majority of the Trustees of the Archer Series Trust, an Ohio business trust (the ATrust@), acting pursuant to Sections 7.3 of the Agreement and Declaration of Trust dated September 30, 2009, as amended, (the ATrust@), hereby amend Article I, Section 1.1 of the Agreement and Declaration of Trust in its entirety to read as follows:

ARCHER INVESTMENT SERIES TRUST MANAGEMENT SERIVCES AGREEMENT
Archer Investment Series Trust • December 23rd, 2009 • Archer Series Trust • Ohio

The Trust has been organized to engage in the business of an open-end management investment company. The Trust anticipates offering one or more series of shares to investors.

Letter Agreement
Letter Agreement • December 23rd, 2009 • Archer Series Trust
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