ADDITIONAL SETTLEMENT PROCEDURES. The Participant is advised that, pursuant to the Trust’s Valuation Procedures, if an error occurs in calculating a Fund’s net asset value after Participant receives a Purchase/Redemption Order confirmation but prior to the Settlement Date and results in a difference between the originally computed net asset value and the corrected net asset value that equals or exceeds $0.01 per share, the Custodian will reprocess the Purchase/Redemption Order and notify the Participant. If there is a loss to the Fund as a result of the error in calculating the net asset value, the Participant will be required to pay the additional value in cash on or prior to the Settlement Date. If there is a Fund benefit, the amount of the benefit will be returned to the Participant on the Settlement Date. APPENDIX 1 Procedures Specific to Non-Standard Orders The following guidelines must be followed by the Participant when placing a non-standard order (e.g., substituting cash-in-lieu of a Deposit Security) (each, a “Non-Standard Order”):
ADDITIONAL SETTLEMENT PROCEDURES. The Participant is advised that, pursuant to the Trusts’ Valuation Procedures, if an error occurs in calculating a Fund’s net asset value after Participant receives a Purchase Order confirmation but prior to the Settlement Date and results in a difference between the originally computed net asset value and the corrected net asset value that equals or exceeds $0.01 per share, the Custodian will reprocess the Purchase Order and notify the Participant. If there is a loss to the Fund as a result of the error in calculating the net asset value, the Participant will be required to pay the additional value in cash on or prior to the Settlement Date. If there is a Fund benefit, the amount of the benefit will be returned to the Participant on the Settlement Date. Procedures Specific to Non-Standard Orders To ensure proper tracking of a passively managed Fund to its benchmark index, the following guidelines must be followed by the Participant when placing a non-standard order (e.g., substituting cash-in-lieu of a Deposit Security) (each, a “Non-Standard Order”):
ADDITIONAL SETTLEMENT PROCEDURES. The Participant is advised that, pursuant to the Trust’s Valuation Procedures, if an error occurs in calculating a Fund’s net asset value after Participant receives a Purchase/Redemption Order confirmation but prior to the settlement date and results in a difference between the originally computed net asset value and the corrected net asset value that equals or exceeds $0.01 per share, the custodian will reprocess the Purchase/Redemption Order and notify the Participant. If there is a loss to the Fund as a result of the error in calculating the net asset value, the Participant will be required to pay the additional value in cash on or prior to the settlement date. If there is a Fund benefit, the amount of the benefit will be returned to the Participant on the settlement date. CERTIFICATE OF AUTHORIZED PERSONS OF THE AUTHORIZED PARTICIPANT FIDELITY WISE ORIGIN BITCOIN FUND The following are the names, titles, signatures, phone numbers, and email addresses of all persons (each, an “Authorized Person”) authorized to give instructions relating to any activity contemplated by the Authorized Participant Agreement for the Fidelity Wise Origin Bitcoin Fund (the “Agreement”) or any other notice, request or instruction on behalf of the Authorized Participant pursuant to the Agreement. Authorized Participant: [__________________________________].[NSCC/DTC #s:_________] NAME(1) TITLE(1) SIGNATURE(1) TELEPHONE NUMBER(1) E-MAIL ADDRESS(1) User Location (Country) PERMISSION (2)* * Permissions: RO- Read-Only (Allows users to see account information and run reports, but not place trades) ET – Execute Trades (Allows user to place trades directly on to Fund Connect)
ADDITIONAL SETTLEMENT PROCEDURES. The Participant is advised that, pursuant to the Trust’s Valuation Procedures, if an error occurs in calculating a Fund’s net asset value after Participant receives a Purchase Order confirmation but prior to the Settlement Date and results in a difference between the originally computed net asset value and the corrected net asset value that equals or exceeds $0.01 per share, the Custodian will reprocess the Purchase Order and notify the Participant. If there is a loss to the Fund as a result of the error in calculating the net asset value, the Participant will be required to pay the additional value in cash on or prior to the Settlement Date. If there is a Fund benefit, the amount of the benefit will be returned to the Participant on the Settlement Date.
ADDITIONAL SETTLEMENT PROCEDURES. As necessary, the Depository Institution and Promontory Network may from time to time set forth certain procedures with respect to settlement in a schedule to this Agreement.
