0001193125-16-696457 Sample Contracts

EXPENSE LIMITATION AGREEMENT

Expense Limitation Agreement • August 30th, 2016 • Valued Advisers Trust

• Contract Type
  Expense Limitation Agreement
• Filed
  August 30th, 2016
• Company
  Valued Advisers Trust

This Expense Limitation Agreement between Valued Advisers Trust, a Delaware statutory trust (the “Trust”), on behalf of each series listed on Schedule A, (each a “Fund”), and Foundry Partners, LLC (the “Adviser”), a Delaware limited liability company, is made as of August 15, 2016 (the “Agreement”).

INVESTMENT ADVISORY AGREEMENT

Investment Advisory Agreement • August 30th, 2016 • Valued Advisers Trust • Delaware

• Contract Type
  Investment Advisory Agreement
• Filed
  August 30th, 2016
• Company
  Valued Advisers Trust
• Jurisdiction
  Delaware

This Investment Advisory Agreement between Valued Advisers Trust, a Delaware statutory trust (the “Trust”), on behalf of each series listed on Schedule A, (each, a “Fund”), and Foundry Partners, LLC, a Delaware limited liability company (the “Adviser”), is made as of August 15, 2016 (the “Agreement”).