0001193125-11-285828 Sample Contracts

DISTRIBUTION AGREEMENT
Distribution Agreement • October 28th, 2011 • James Advantage Funds • Colorado

THIS AGREEMENT is made as of October 24, 2011, between The James Advantage Funds, organized as an Ohio business trust (the “Trust”), and ALPS Distributors, Inc., a Colorado corporation (“ALPS”).

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MANAGEMENT AGREEMENT
Management Agreement • October 28th, 2011 • James Advantage Funds • Ohio

The Trust has been organized to engage in the business of an investment company. The Trust currently offers several series of shares to investors, one of which is the James Long-Short Fund (the “Fund”).

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