0001615774-16-007827 Sample Contracts

INTERIM INVESTMENT SUB-ADVISORY AGREEMENT
Interim Investment Sub-Advisory Agreement • October 28th, 2016 • AdvisorShares Trust • Delaware

AGREEMENT made as of this 31st day of August 2016 by and between AdvisorShares Investments, LLC, a Delaware limited liability company with its principal place of business at 4800 Montgomery Lane, Suite 150, Bethesda, Maryland 20814 (the “Adviser”), and Dorsey, Wright & Associates, LLC, a Virginia limited liability company with its principal place of business at 1011 Boulder Springs Drive, Suite 150, Richmond, VA 23225 (the “Sub-Adviser”).

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FORM OF INVESTMENT SUB-ADVISORY AGREEMENT
Investment Sub-Advisory Agreement • October 28th, 2016 • AdvisorShares Trust • Delaware

AGREEMENT (the “Agreement”) made as of this __ day of ________ 2016 by and between AdvisorShares Investments, LLC, a Delaware limited liability company with its principal place of business at 4800 Montgomery Lane, Suite 150, Bethesda, Maryland 20814 (the “Adviser”), and Dorsey, Wright & Associates, LLC, a Virginia limited liability company with its principal place of business at 1011 Boulder Springs Drive, Suite 150, Richmond, VA 23225 (the “Sub-Adviser”).

SEVENTEENTH AMENDMENT TO ADVISORSHARES®ETF DISTRIBUTION AGREEMENT
Advisorshares® Etf Distribution Agreement • October 28th, 2016 • AdvisorShares Trust

This seventeenth amendment (the “Amendment”) to the AdvisorShares® Trust ETF Distribution Agreement (the “Agreement”) dated as of June 25, 2009, as amended from time to time, by and between AdvisorShares® Trust, a Delaware statutory trust (the “Trust”) and Foreside Fund Services, LLC, a Delaware limited liability company (the “Distributor”) is entered into as of April 11, 2016 (the “Effective Date”).

EIGHTEENTH AMENDMENT TO ADVISORSHARES®ETF DISTRIBUTION AGREEMENT
Advisorshares® Etf Distribution Agreement • October 28th, 2016 • AdvisorShares Trust

This eighteenth amendment (the “Amendment”) to the AdvisorShares® Trust ETF Distribution Agreement (the “Agreement”) dated as of June 25, 2009, as amended from time to time, by and between AdvisorShares® Trust, a Delaware statutory trust (the “Trust”) and Foreside Fund Services, LLC, a Delaware limited liability company (the “Distributor”) is entered into as of May 17, 2016 (the “Effective Date”).

FIFTH AMENDMENT TO ADVISORSHARES ETF DISTRIBUTION AGREEMENT
Advisorshares Etf Distribution Agreement • October 28th, 2016 • AdvisorShares Trust

This Fifth Amendment (the “Amendment”) to the AdvisorShares Trust ETF Distribution Agreement (the “Agreement”) dated as of June 25, 2009, as amended from time to time, by and between AdvisorShares Trust, a Delaware statutory trust (the “Trust”) and Foreside Fund Services, LLC, a Delaware limited liability company (the “Distributor”) is entered into as of November 16, 2011 (the “Effective Date”).

FIFTEENTH AMENDMENT TO ADVISORSHARES®ETF DISTRIBUTION AGREEMENT
Etf Distribution Agreement • October 28th, 2016 • AdvisorShares Trust

This Fifteenth Amendment (the “Amendment”) to the AdvisorShares® Trust ETF Distribution Agreement (the “Agreement”) dated as of June 25, 2009, as amended from time to time, by and between AdvisorShares® Trust, a Delaware statutory trust (the “Trust”) and Foreside Fund Services, LLC, a Delaware limited liability company (the “Distributor”) is entered into as of June 25, 2014 (the “Effective Date”).

FORM OF TWENTIETH AMENDMENT TO ADVISORSHARES® ETF DISTRIBUTION AGREEMENT
Advisorshares® Etf Distribution Agreement • October 28th, 2016 • AdvisorShares Trust

This twentieth amendment (the “Amendment”) to the AdvisorShares® Trust ETF Distribution Agreement (the “Agreement”) dated as of June 25, 2009, as amended from time to time, by and between AdvisorShares® Trust, a Delaware statutory trust (the “Trust”), and Foreside Fund Services, LLC, a Delaware limited liability company (the “Distributor”), is entered into as of October ___, 2016 (the “Effective Date”).

SIXTEENTH AMENDMENT TO ADVISORSHARES®ETF DISTRIBUTION AGREEMENT
Advisorshares® Etf Distribution Agreement • October 28th, 2016 • AdvisorShares Trust

This Sixteenth Amendment (the “Amendment”) to the AdvisorShares® Trust ETF Distribution Agreement (the “Agreement”) dated as of June 25, 2009, as amended from time to time, by and between AdvisorShares® Trust, a Delaware statutory trust (the “Trust”) and Foreside Fund Services, LLC, a Delaware limited liability company (the “Distributor”) is entered into as of January 26, 2015 (the “Effective Date”).

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