0000894189-04-001307 Sample Contracts

ADVISORY FEE ESCROW AGREEMENT
Escrow Agreement • July 30th, 2004 • Advisors Series Trust • Delaware

This Escrow Agreement ("Agreement") dated as of this ____ day of ____________, 2004 is among Advisors Series Trust, a Delaware statutory trust (the "Trust"), on behalf of the McCarthy Fund (the "Fund"), and McCarthy Group Advisors LLC (the "Advisor"), and U.S. Bank, N.A. (the "Escrow Agent").

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ADVISORS SERIES TRUST INTERIM INVESTMENT ADVISORY AGREEMENT McCarthy Group Advisors LLC
Advisors Series Trust • July 30th, 2004 • Advisors Series Trust • California

THIS INVESTMENT ADVISORY AGREEMENT is made as of the 1st day of July, 2004, by and between Advisors Series Trust, a Delaware statutory trust (hereinafter called the "Trust"), on behalf of the following series of the Trust, the McCarthy Fund (the "Fund") and McCarthy Group Advisors LLC (hereinafter called the "Advisor").

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