Ancora Trust Sample Contracts

ANCORA TRUST Dealer Agreement
Ancora Trust • November 26th, 2003 • Ancora Trust • Indiana

Unified Financial Securities, Inc., (the "Distributor") invites you, as a selected dealer, to participate as principal in the distribution of shares (the "Shares") of the Ancora Trust (the "Fund"), of which it is the exclusive underwriter. The Distributor agrees to sell to you, subject to any limitations imposed by the Fund or any of its Portfolios (see Exhibit A), Shares issued by the Fund and to promptly confirm each sale to you. All sales will be made according to the following terms:

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