VALUED ADVISERS TRUST EXPENSE LIMITATION AGREEMENTValued Advisers Trust • July 11th, 2012 • Valued Advisers Trust
Contract Type FiledJuly 11th, 2012 CompanyTHIS AGREEMENT is made and entered into effective as of July 10, 2012 by and between Valued Advisers Trust, a Delaware statutory trust (the “Trust”), on behalf of one or more of its series portfolios as set forth on Schedule A, (each a “Fund”), and Angel Oak Capital Advisors, LLC (the “Adviser”), a Delaware limited liability company.