0001398344-18-013043 Sample Contracts

AMENDMENT TO INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • August 31st, 2018 • Valued Advisers Trust • Delaware

This Amendment to the Investment Advisory Agreement (the “Amendment”) is entered into effective as of July 1, 2018 by and between Valued Advisers Trust (the “Trust”), a Delaware statutory trust registered as an investment company under the Investment Company Act of 1940, as amended, and Dana Investment Advisors, Inc. (the “Adviser”), a Wisconsin corporation with its principal place of business in Waukesha, Wisconsin.

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AMENDMENT TO INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • August 31st, 2018 • Valued Advisers Trust • Delaware

This Amendment to the Investment Advisory Agreement (the “Amendment”) is entered into effective as of July 1, 2018 by and between Valued Advisers Trust (the “Trust”), a Delaware statutory trust registered as an investment company under the Investment Company Act of 1940, as amended, and Dana Investment Advisors, Inc. (the “Adviser”), a Wisconsin corporation with its principal place of business in Waukesha, Wisconsin.

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