VALUED ADVISERS TRUST AMENDED EXPENSE LIMITATION AGREEMENTValued Advisers Trust • February 28th, 2013 • Valued Advisers Trust
Contract Type FiledFebruary 28th, 2013 CompanyTHIS AGREEMENT is made and entered into 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 Granite Investment Advisors, Inc. (the “Adviser”), a Delaware corporation.