0001623632-19-000382 Sample Contracts

FEDERATED ADVISER SERIES INVESTMENT ADVISORY CONTRACT
Investment Advisory Contract • March 15th, 2019 • Federated Adviser Series • Pennsylvania

This Contract is made this 1st day of December, 2018, between Federated Investment Management Company, a Delaware statutory trust having its principal place of business in Pittsburgh, Pennsylvania (the “Adviser”), and Federated Adviser Series (formerly, Federated MDT Equity Trust), a Delaware statutory trust having its principal place of business in Pittsburgh, Pennsylvania (the “Trust”).

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SUBADVISORY AGREEMENT
Subadvisory Agreement • March 15th, 2019 • Federated Adviser Series • Pennsylvania

This Subadvisory Agreement (this “Agreement”) is entered into as of December 1, 2018, among Federated Investment Management Company, a Delaware statutory trust (“Adviser”), Federated Adviser Series (formerly, Federated MDT Equity Trust) (the “Trust”), on behalf of each series portfolio of the Trust which executes an exhibit to this Agreement (each a “Fund” and collectively, the “Funds”), and Hermes Investment Management Limited, a limited liability corporation registered in England and Wales (“Subadviser”).

AMENDMENT #2 TO THE AGREEMENT AND DECLARATION OF TRUST OF FEDERATED ADVISER SERIES
Amendment to the Agreement and Declaration of Trust • March 15th, 2019 • Federated Adviser Series

The following is a complete list, as of the above date, of the Series and Classes of the Federated Adviser Series, established pursuant to Section 3.11 of the Declaration of Trust thereof.

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