0001398344-20-011629 Sample Contracts

AMENDMENT TO DISTRIBUTION AGREEMENT
Distribution Agreement • May 29th, 2020 • Valued Advisers Trust • Indiana

This Amendment to the Distribution Agreement (the “Amendment”) is entered into effective as of May 29, 2020 by and among Valued Advisers Trust, a Delaware statutory trust (the “Trust”), Summitry LLC (formerly known as Golub Group, LLC) (the “Adviser”), and Ultimus Fund Distributors, LLC, an Ohio limited liability company (the “Distributor”).

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AMENDMENT TO INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • May 29th, 2020 • Valued Advisers Trust • Delaware

This Amendment to the Investment Advisory Agreement (the “Amendment”) is entered into effective as of May 29, 2020 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 Summitry LLC (formerly known as Golub Group, LLC) (the “Adviser”), a California limited liability company with its principal place of business in San Mateo, California.

VALUED ADVISERS TRUST AMENDED EXPENSE LIMITATION AGREEMENT
Valued Advisers Trust • May 29th, 2020 • Valued Advisers Trust

THIS AGREEMENT is made and entered into effective as of June 1, 2020 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 Summitry LLC (formerly known as Golub Group, LLC) (the “Adviser”), a California limited liability company.

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