0001193125-12-322595 Sample Contracts

MANAGEMENT AGREEMENT
Management Agreement • July 30th, 2012 • Unified Series Trust • Ohio

The Trust has been organized to engage in the business of a registered open-end investment company. The Trust currently offers several series of shares to investors, one of which is the Dean Mid Cap Value Fund (the “Fund”).

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INVESTMENT SUB-ADVISORY AGREEMENT
Investment Sub-Advisory Agreement • July 30th, 2012 • Unified Series Trust • Ohio

THIS INVESTMENT SUB-ADVISORY AGREEMENT (“AGREEMENT”) is made and entered into as of the 12th day of December, 2011, by and among Dean Capital Management, LLC, a Kansas limited liability company located at 7450 West 130th Street, Suite 150, Overland Park, Kansas 66213 (the “Sub-Advisor”), and Dean Investment Associates, LLC, an Ohio limited liability company located at 3500 Pentagon Blvd., Suite 200, Beavercreek, OH 45431 (the “Advisor”).

Dean Investment Associates Letterhead] Letter Agreement February 13, 2012
Letter Agreement • July 30th, 2012 • Unified Series Trust
Dean Investment Associates Letterhead] Letter Agreement February 13, 2012
Letter Agreement • July 30th, 2012 • Unified Series Trust
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