AMENDMENT TO THE

TRUST FOR ADVISED PORTFOLIOS

FUND ADMINISTRATION SERVICING AGREEMENT

THIS AMENDMENT dated as of the 22nd day of May, 2014, to the Fund Administration Servicing Agreement dated as of January 1, 2014 (the “Agreement”), is entered into by and between TRUST FOR ADVISED PORTFOLIOS, a Delaware statutory trust (the “Trust”) and U.S. BANCORP FUND SERVICES, LLC, a Wisconsin limited liability company ("USBFS").

RECITALS

WHEREAS, the parties have entered into the Agreement; and

WHEREAS, the parties desire to amend the series of the Trust to add a fund; and

WHEREAS, Section 11 of the Agreement allows for its amendment by a written instrument executed by both parties.

NOW, THEREFORE, the parties agree to amend the Agreement and add the

following series of Trust for Advised Portfolios:

Exhibit E, the V2 Hedged Equity Fund is hereby added and attached hereto.

Except to the extent amended hereby, the Agreement shall remain in full force and effect.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by a duly authorized officer on one or more counterparts as of the date and year first written above.

TRUST FOR ADVISED PORTFOLIOS            U.S. BANCORP FUND SERVICES, LLC

By: /s/ Christopher E. Kashmerick                                                                                     By: /s/ Michael R. McVoy

Name: Christopher E. Kashmerick                                                                                     Name: Michael R. McVoy

Title: President                                                                                      Title:  Executive Vice President

 Exhibit E to the Trust for Advised Portfolios Fund Administration Servicing Agreement

Name of Series

V2 Hedged Equity Fund

Fund Accounting, Fund Administration & Portfolio Compliance, and Chief Compliance Officer (CCO) Services Fee Schedule at May, 2014

Annual Fee Based Upon Average Net Assets Per Fund*

__ basis points on the first $250 million

__ basis points on the next $250 million

__ basis points on the balance

Minimum annual fee:  $__per fund

§Additional fee of $__for each additional class and/or for a Controlled Foreign Corporation (CFC)

§Additional fee of $__per manager/sub-advisor per fund

Services Included in Annual Fee Per Fund

§   Advisor Information Source – On-line access to portfolio management and compliance information.

§   Daily Performance Reporting – Daily pre and post-tax fund and/or sub-advisor performance reporting.

§   USBFS Legal Administration (e.g., registration statement update)

Pricing Services**

§   $__- Domestic Equities, Options, ADRs

§   $__- Domestic Corporate/Convertible/Gov’t/Agency Bonds, Foreign Equities, Futures, Forwards, Currency Rates, Mortgage Backed Securities

§   $__- CMOs, Municipal Bonds, Money Market Instruments, Foreign Corporate/Convertible/Gov’t/Agency

                    Bonds, Asset Backed Securities, High Yield Bonds

§   $__- Bank Loans

§   $__- Credit Default Swaps

§   $__- Swaptions, Index Swaps

§   $__- Interest Rate Swaps, Foreign Currency Swaps, Total Return Swaps, Total Return Bullet Swaps

NOTE: Prices above are based on using U.S. Bancorp primary pricing service which may vary by security type and are subject to change.  Use of alternative and/or additional sources may result in additional fees. Pricing vendors may designate certain securities as hard to value or as a non- standard security type, such as CLOs and CDOs, which may result in additional fees.  All schedules subject to change depending upon the use of unique security type requiring special pricing or accounting arrangements.

Corporate Action & Manual Pricing Services

§   $__/Foreign Equity Security per Month for Corporate Action Service

§   $__/Domestic Equity Security per Month for Corporate Action Service

§   $__ /Month Manual Security Pricing (>25/day)

Fair Value Services (Charged at the Complex Level)**

§   $__on the First 100 Securities

§   $__on the Balance of Securities

Chief Compliance Officer Annual Fees (Per Advisor Relationship/Fund)*

§   $__for the first fund (subject to Board approval)

§   $__for each additional fund (subject to change based on Board review and approval)

§   $__/sub-advisor per fund

Out-Of-Pocket Expenses

Including but not limited to corporate action services, fair value pricing services, factor services, SWIFT processing, customized reporting, third-party data provider costs (including Bloomberg, S&P, Moody’s, Morningstar GICS, MSCI, Lipper, etc.), postage, stationery, programming, special reports, proxies, insurance, EDGAR/XBRL filing, retention of records, federal and state regulatory filing fees, expenses from Board of directors meetings, third party auditing and legal expenses, wash sales reporting (GainsKeeper), tax e-filing, PFIC monitoring, conversion expenses (if necessary), and CCO team travel related costs to perform due diligence reviews at advisor or sub-advisor facilities.

Additional Services

Available but not included above are the following services – additional legal administration (e.g., subsequent new fund launch), daily compliance testing (Charles River), Section 15(c) reporting, equity & fixed income attribution reporting, electronic Board book portal (BookMark), and additional services mutually agreed upon.

*Subject to annual CPI increase, Milwaukee MSA.

** Per security per fund per pricing day.

Fees are calculated pro rata and billed monthly.

Exhibit E (continued) to the Trust for Advised Portfolios Fund Administration Servicing Agreement

Fund Administration & Compliance Portfolio Services

Supplemental Services Fee Schedule at May, 2014

Additional Legal Administration Services

§   Subsequent new fund launch – $__/project

§   Subsequent new share class launch – $__/project

§   Multi-managed funds – as negotiated based upon specific requirements

§   Proxy – as negotiated based upon specific requirements

Daily Compliance Services (Charles River)

§   Base fee – $__/fund per year

§   Setup – $__/fund group

Section 15(c) Reporting

§   $__/fund per report – first class

§   $__ /additional class report

Equity & Fixed Income Attribution Reporting

§   Fees are dependent upon portfolio makeup, services required, and benchmark requirements.

Advisor’s Signature below acknowledges approval of the fee schedules on this Exhibit E

V2 Capital, LLC

By: /s/ Michael Holleb

Printed Name and Title: Michael Holleb CFO/CCO   Date: 7/2/2014