Expense Limitations Agreement Sample Contracts

SCHEDULE A to the EXPENSE LIMITATIONS AGREEMENT dated June 2, 2009, amended as of August 30, 2011 between ADVISORSHARES TRUST AND ADVISORSHARES INVESTMENTS, LLC MAXIMUM ANNUAL OPERATING EXPENSE LIMITS
Expense Limitations Agreement • October 31st, 2011 • AdvisorShares Trust

Name of Fund Maximum Annual Operating Expense Limit Dent Tactical ETF 1.50% WCM / BNY Mellon Focused Growth ADR ETF 1.25% Mars Hill Global Relative Value ETF 1.50% Peritus High Yield ETF 1.35% Cambria Global Tactical ETF 0.99% Active Bear ETF 1.75% Madrona Domestic ETF 1.25% Madrona International ETF 1.25% Madrona Global Bond ETF 0.95% Meidell Tactical Advantage ETF 1.35% TrimTabs Float Shrink ETF 1.40% Rockledge SectorSAM ETF 1.50% Accuvest Global Opportunities ETF 1.25% Star Global Buy-Write ETF 1.85%

Sample 1
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SCHEDULE A as last revised December 20, 2013 to the SECOND AMENDED AND RESTATED EXPENSE LIMITATIONS AGREEMENT dated November 21, 2011 between ADVISORSHARES TRUST AND ADVISORSHARES INVESTMENTS, LLC MAXIMUM ANNUAL OPERATING EXPENSE LIMITS
Expense Limitations Agreement • December 20th, 2013 • AdvisorShares Trust
Sample 1
SCHEDULE A as last revised October 21, 2013 to the SECOND AMENDED AND RESTATED EXPENSE LIMITATIONS AGREEMENT dated November 21, 2011 between ADVISORSHARES TRUST AND ADVISORSHARES INVESTMENTS, LLC MAXIMUM ANNUAL OPERATING EXPENSE LIMITS
Expense Limitations Agreement • October 21st, 2013 • AdvisorShares Trust
Sample 1
SCHEDULE A as last revised June 8, 2016 to the SECOND AMENDED AND RESTATED EXPENSE LIMITATIONS AGREEMENT dated November 21, 2011 between ADVISORSHARES TRUST AND ADVISORSHARES INVESTMENTS, LLC MAXIMUM ANNUAL OPERATING EXPENSE LIMITS
Expense Limitations Agreement • June 8th, 2016 • AdvisorShares Trust
Sample 1
SCHEDULE A as last revised June 25, 2014 to the SECOND AMENDED AND RESTATED EXPENSE LIMITATIONS AGREEMENT dated November 21, 2011 between ADVISORSHARES TRUST AND ADVISORSHARES INVESTMENTS, LLC MAXIMUM ANNUAL OPERATING EXPENSE LIMITS
Expense Limitations Agreement • June 26th, 2014 • AdvisorShares Trust
Sample 1
SCHEDULE A to the EXPENSE LIMITATIONS AGREEMENT dated June 2, 2009, amended as of August 26, 2010 between ADVISORSHARES TRUST AND ADVISORSHARES INVESTMENTS, LLC MAXIMUM ANNUAL OPERATING EXPENSE LIMITS
Expense Limitations Agreement • September 13th, 2010 • AdvisorShares Trust
Sample 1
SCHEDULE A as last revised February 18, 2014 to the SECOND AMENDED AND RESTATED EXPENSE LIMITATIONS AGREEMENT dated November 21, 2011 between ADVISORSHARES TRUST AND ADVISORSHARES INVESTMENTS, LLC MAXIMUM ANNUAL OPERATING EXPENSE LIMITS
Expense Limitations Agreement • February 18th, 2014 • AdvisorShares Trust
Sample 1
SCHEDULE A to the EXPENSE LIMITATIONS AGREEMENT dated June 2, 2009, amended as of February 25, 2010 between ADVISORSHARES TRUST AND ADVISORSHARES INVESTMENTS, LLC MAXIMUM ANNUAL OPERATING EXPENSE LIMITS
Expense Limitations Agreement • February 25th, 2010 • AdvisorShares Trust
Sample 1
SCHEDULE A as last revised July 1, 2013 to the SECOND AMENDED AND RESTATED EXPENSE LIMITATIONS AGREEMENT dated November 21, 2011 between ADVISORSHARES TRUST AND ADVISORSHARES INVESTMENTS, LLC MAXIMUM ANNUAL OPERATING EXPENSE LIMITS
Expense Limitations Agreement • July 2nd, 2013 • AdvisorShares Trust
Sample 1
SCHEDULE A as last revised April 11, 2016 to the SECOND AMENDED AND RESTATED EXPENSE LIMITATIONS AGREEMENT dated November 21, 2011 between ADVISORSHARES TRUST AND ADVISORSHARES INVESTMENTS, LLC MAXIMUM ANNUAL OPERATING EXPENSE LIMITS
Expense Limitations Agreement • April 12th, 2016 • AdvisorShares Trust
Sample 1
SCHEDULE A as last revised May 21, 2012 to the SECOND AMENDED AND RESTATED EXPENSE LIMITATIONS AGREEMENT dated November 21, 2011 between ADVISORSHARES TRUST AND ADVISORSHARES INVESTMENTS, LLC MAXIMUM ANNUAL OPERATING EXPENSE LIMITS
Expense Limitations Agreement • September 10th, 2012 • AdvisorShares Trust
Sample 1
SCHEDULE A to the EXPENSE LIMITATIONS AGREEMENT dated June 2, 2009, amended as of May 10, 2011 between ADVISORSHARES TRUST AND ADVISORSHARES INVESTMENTS, LLC MAXIMUM ANNUAL OPERATING EXPENSE LIMITS
Expense Limitations Agreement • July 25th, 2011 • AdvisorShares Trust

Name of Fund Maximum Annual Operating Expense Limit Dent Tactical ETF 1.50 % WCM / BNY Mellon Focused Growth ADR ETF 1.25 % Mars Hill Global Relative Value ETF 1.50 % Peritus High Yield ETF 1.35 % Cambria Global Tactical ETF 0.99 % Active Bear ETF 1.75 % Madrona Forward Domestic ETF 1.25 % Madrona Forward International ETF 1.25 % Madrona Forward Global Bond ETF 0.95 % Meidell Tactical Advantage ETF 1.35 % TrimTabs Float Shrink ETF 1.40 % Rockledge SectorSAM ETF 1.50 % Accuvest Global Opportunities ETF 1.25 %

Sample 1
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