0001193125-13-084793 Sample Contracts

VALUED ADVISERS TRUST AMENDED EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • February 28th, 2013 • Valued Advisers Trust

THIS AGREEMENT is made effective as of March 1, 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 Geier Asset Management, Inc. (the “Adviser”), a Maryland corporation.

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