Common use of Allocation of Deposit Security Shortfalls Clause in Contracts

Allocation of Deposit Security Shortfalls. Each Fund acknowledges that the Custodian maintains only one account on the books of the National Securities Clearing Corporation (the “NSCC”) for the benefit of all exchange traded funds for which the Custodian serves as custodian, including the Fund (collectively, the “ETF Custody Clients”). In the event that (a) two or more ETF Custody Clients require delivery of the same Deposit Security in order to purchase a Creation Unit, and (b) the NSCC, pursuant to its Continuous Net Settlement system, delivers to the Custodian’s NSCC account less than the full amount of such Deposit Security necessary to satisfy in full each affected ETF Custody Client’s required amount (a “Common Deposit Security Shortfall”), then, until all Common Deposit Security Shortfalls for a given Deposit Security are satisfied in full, the Custodian will allocate to each affected ETF Custody Client, on a pro rata basis, securities and/or cash received in the Custodian’s NSCC account relating to such shortfall, first to satisfy any prior unsatisfied Common Deposit Security Shortfall, and then to satisfy the current Common Deposit Security Shortfall.” We acknowledge and agree that the terms of Section 8 of the Custodian Agreement which were previously amended and replaced in their entirety in relation to the Existing Pxxxxx ETF Funds only, shall also be amended and replaced in their entirety as follows in relation to the New Pxxxxx ETF Funds:

Allocation of Deposit Security Shortfalls. Each The Fund acknowledges that the Custodian maintains only one account on the books of the National Securities Clearing Corporation (the “"NSCC”") for the benefit of all exchange traded funds for which the Custodian serves as custodian, including the Fund (collectively, the “"ETF Custody Clients”CUSTODY CLIENTS"). In the event that (a) two or more ETF Custody Clients require delivery of the same Deposit Security in order to purchase a Creation Unit, and (b) the NSCC, pursuant to its Continuous Net Settlement system, delivers to the Custodian’s 's NSCC account less than the full amount of such Deposit Security necessary to satisfy in full each affected ETF Custody Client’s 's required amount (a “Common Deposit Security Shortfall”"COMMON DEPOSIT SECURITY SHORTFALL"), thenTHEN, until all Common Deposit Security Shortfalls for a given Deposit Security are satisfied in full, the Custodian will allocate to each affected ETF Custody Client, on a pro rata PRO RATA basis, securities and/or cash received in the Custodian’s 's NSCC account relating to such shortfall, first to satisfy any prior unsatisfied Common Deposit Security Shortfall, and then to satisfy the current Common Deposit Security Shortfall.” We acknowledge and agree that the terms of Section 8 of the Custodian Agreement which were previously amended and replaced in their entirety in relation to the Existing Pxxxxx ETF Funds only, shall also be amended and replaced in their entirety as follows in relation to the New Pxxxxx ETF Funds:

Allocation of Deposit Security Shortfalls. Each Fund acknowledges that the Custodian maintains only one account on the books of the National Securities Clearing Corporation (the “NSCC”) for the benefit of all exchange traded funds for which the Custodian serves as custodian, including the Fund (collectively, the “ETF Custody Clients”). In the event that (a) two or more ETF Custody Clients require delivery of the same Deposit Security in order to purchase a Creation Unit, and (b) the NSCC, pursuant to its Continuous Net Settlement system, delivers to the Custodian’s NSCC account less than the full amount of such Deposit Security necessary to satisfy in full each affected ETF Custody Client’s required amount (a “Common Deposit Security Shortfall”), then, until all Common Deposit Security Shortfalls for a given Deposit Security are satisfied in full, the Custodian will allocate to each affected ETF Custody Client, on a pro rata basis, securities and/or cash received in the Custodian’s NSCC account relating to such shortfall, first to satisfy any prior unsatisfied Common Deposit Security Shortfall, and then to satisfy the current Common Deposit Security Shortfall.” We acknowledge and agree that the terms of Section 8 6 of the Custodian Agreement which were previously amended and replaced in their entirety in relation to the Existing Pxxxxx ETF Funds only, shall also be amended and replaced in their entirety as follows in relation to the New Pxxxxx ETF Funds:

Allocation of Deposit Security Shortfalls. Each While the Fund does not anticipate that its Baskets will generally contain securities (“Deposit Securities”), the Fund acknowledges that the Custodian maintains only one account on the books of the National Securities Clearing Corporation (the “NSCC”) for the benefit of all exchange traded funds for which the Custodian serves as custodian, including the Fund (collectively, the “ETF Custody Clients”). In the event that (a) two or more ETF Custody Clients require delivery of the same Deposit Security in order to purchase a Creation UnitBasket, and (b) the NSCC, pursuant to its Continuous Net Settlement system, delivers to the Custodian’s NSCC account less than the full amount of such Deposit Security necessary to satisfy in full each affected ETF Custody Client’s required amount (a “Common Deposit Security Shortfall”), then, until all Common Deposit Security Shortfalls for a given Deposit Security are satisfied in full, the Custodian will allocate to each affected ETF Custody Client, on a pro rata basis, securities and/or cash received in the Custodian’s NSCC account relating to such shortfall, first to satisfy any prior unsatisfied Common Deposit Security Shortfall, and then to satisfy the current Common Deposit Security Shortfall.” We acknowledge and agree that the terms of Section 8 of the Custodian Agreement which were previously amended and replaced in their entirety in relation to the Existing Pxxxxx ETF Funds only, shall also be amended and replaced in their entirety as follows in relation to the New Pxxxxx ETF Funds:

Allocation of Deposit Security Shortfalls. Each Fund acknowledges that the Custodian maintains only one account on the books of the National Securities Clearing Corporation (the “NSCC”) for the benefit of all exchange traded funds for which the Custodian serves as custodian, including the Fund (collectively, the “ETF Custody Clients”). In the event that (a) two or more ETF Custody Clients require delivery of the same Deposit Security in order to purchase a Creation Unit, and (b) the NSCC, pursuant to its Continuous Net Settlement system, Information Classification: Limited Access delivers to the Custodian’s NSCC account less than the full amount of such Deposit Security necessary to satisfy in full each affected ETF Custody Client’s required amount (a “Common Deposit Security Shortfall”), then, until all Common Deposit Security Shortfalls for a given Deposit Security are satisfied in full, the Custodian will allocate to each affected ETF Custody Client, on a pro rata basis, securities and/or cash received in the Custodian’s NSCC account relating to such shortfall, first to satisfy any prior unsatisfied Common Deposit Security Shortfall, and then to satisfy the current Common Deposit Security Shortfall.” We acknowledge and agree that the terms of Section 8 6 of the Custodian Agreement which were previously shall be amended and replaced in their its entirety in relation to the Existing Pxxxxx ETF Funds only, shall also be amended and replaced in their entirety only as follows in relation to the New Pxxxxx ETF Fundsfollows: