0001193125-16-485064 Sample Contracts

VALUED ADVISERS TRUST DISTRIBUTION AGREEMENT
Distribution Agreement • February 29th, 2016 • Valued Advisers Trust • Indiana

DISTRIBUTION AGREEMENT, dated as of January 1, 2016, by and among Valued Advisers Trust, a Delaware statutory trust (the “Trust”), each investment adviser to each series of the Trust as set forth on Exhibit A (each an “Adviser” and, collectively, the “Advisers”), and Unified Financial Securities, LLC, a Delaware limited liability company (the “Distributor”).

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SECOND AMENDMENT TO MUTUAL FUND SERVICES AGREEMENT
Mutual Fund Services Agreement • February 29th, 2016 • Valued Advisers Trust • Indiana

This Amendment to the Mutual Fund Services Agreement (“Amendment”) is entered into and effective as of February 1, 2016 by and between Ultimus Asset Services, LLC (formerly known as Huntington Asset Services, Inc.) (“Ultimus”), Valued Advisers Trust, (the “Trust”), and BRC Investment Management, LLC (“Adviser”).

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