0001193125-13-034448 Sample Contracts

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • February 1st, 2013 • Valued Advisers Trust • Delaware

INVESTMENT ADVISORY AGREEMENT (the “Agreement”) made as of this 15th day of January, 2013 by and between Valued Advisers Trust (the “Trust”), a Delaware statutory trust registered as an investment company under the Investment Company Act of 1940, as amended (the “1940 Act”), and Mitchell Capital Management Co. (the “Adviser”), a Kansas corporation with its principal place of business in Leawood, Kansas.

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VALUED ADVISERS TRUST EXPENSE LIMITATION AGREEMENT
Valued Advisers Trust • February 1st, 2013 • Valued Advisers Trust

THIS AGREEMENT is made and entered into effective as of January 15, 2013 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 Mitchell Capital Management Co. (the “Adviser”), a Kansas corporation.

MUTUAL FUND SERVICES AGREEMENT Fund Accounting Services Fund Administration Services Transfer Agency Services by and among VALUED ADVISERS TRUST, HUNTINGTON ASSET SERVICES, INC. and MITCHELL CAPITAL MANAGEMENT, CO. January 15, 2013
Mutual Fund Services Agreement • February 1st, 2013 • Valued Advisers Trust • Indiana

AGREEMENT (this “Agreement”), dated as of January 15, 2013 (“Effective Date”), by and among Valued Advisers Trust, a Delaware statutory trust (the “Trust”), Huntington Asset Services, Inc., a Delaware corporation (“HASI”) and Mitchell Capital Management, Co. a Kansas corporation (“Adviser”). Adviser is a party to this agreement solely for purposes of evidencing Adviser’s agreement to the term of this Agreement, and the fees payable under the Agreement, as described in Sections 6 and 10, and in Exhibit E.

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