0001193125-14-356182 Sample Contracts

VALUED ADVISERS TRUST EXPENSE LIMITATION AND FEE WAIVER AGREEMENT
Expense Limitation and Fee Waiver Agreement • September 29th, 2014 • Valued Advisers Trust

THIS AGREEMENT is made and entered into effective as of February 1, 2014 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 Cloud Capital, LLC (the “Adviser”), a Delaware limited liability company.

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