Common use of EXECUTION OF PURCHASE AND REDEMPTION ORDERS Clause in Contracts

EXECUTION OF PURCHASE AND REDEMPTION ORDERS. (a) All Purchase Orders and Redemption Orders shall be made in accordance with the terms of the ETF Documents and the procedures described in Annex II to this Agreement. Each party hereto agrees to comply with the provisions of such documents to the extent applicable to it. It is contemplated that the phone lines used by the ETF Shares’ telephone representatives, which include representatives of the Distributor, Index Receipt Agent or the Trust and any affiliates thereof, will be recorded, and the Participant hereby consents to the recording of all calls with these representatives. The Funds reserve the right to issue additional or other procedures relating to the manner of purchasing or redeeming Creation Units, and the Participant agrees to comply with such procedures as may be issued from time to time, including but not limited to the ETF Shares cash collateral settlement procedures that are referenced in Annex II to this Agreement. The Participant acknowledges and agrees on behalf of itself and any party for which it is acting that acceptance of a Purchase Order or Redemption Order shall be irrevocable, and that the Funds (or the Distributor on behalf of the Funds) reserve the right to reject any Purchase Order until the trade is properly released as described in Annex II. The Participant agrees that the Distributor has and reserves the right, in its sole discretion without notice, to reject a Purchase Order or Redemption Order or suspend sales of ETF Shares, at anytime.

EXECUTION OF PURCHASE AND REDEMPTION ORDERS. (a) All Purchase Orders and Redemption Orders shall be made in accordance with the terms of the ETF Fund Documents and the procedures as described in Annex II to this Agreementthe AP Handbook. Each party hereto agrees to comply with the provisions of such documents to the extent applicable to it. It is contemplated that the phone lines used by the ETF Shares’ telephone representatives, which include representatives of the Distributor, Index Receipt Agent or the Trust and any affiliates thereof, will be recorded, and the Participant hereby consents to the recording of all calls with these representatives. The Funds reserve the right to issue additional or other procedures relating to the manner of purchasing or redeeming Creation Units, and the Participant agrees to comply with such procedures as may be issued from time to time, including but not limited to the ETF Fund Shares cash collateral settlement procedures that are referenced in Annex II to this Agreementthe AP Handbook. The Participant acknowledges and agrees on behalf of itself and any party for which it is acting that acceptance of a Purchase Order or Redemption Order shall be irrevocable, and that the Funds (or the Distributor on behalf of the Funds) reserve the right to reject any Purchase Order until or Redemption Order in accordance with the trade is properly released as described in Annex IIterms of the Fund Documents. The Participant agrees that the Distributor has and reserves the Trust have and reserve the right, in its their sole discretion without notice, to reject a Purchase Order or Redemption Order or suspend sales of ETF Fund Shares, at anytimein accordance with the terms of the Fund Documents.

EXECUTION OF PURCHASE AND REDEMPTION ORDERS. (a) All Purchase Orders and Redemption Orders shall be made in accordance with the terms of the ETF Documents Prospectus and the procedures described in Annex II to this Agreement. Each party hereto agrees to comply with the provisions of such documents to the extent applicable to it. It is contemplated that the phone lines used by the ETF ETT Shares’ ' telephone representatives, which include representatives of the Distributor, Index Receipt Agent or the Trust and any affiliates thereof, will be recorded, and the Participant hereby consents to the recording of all calls with these representatives. The Funds reserve the right to issue additional or other procedures relating to the manner of purchasing or redeeming Creation Units, and the Participant agrees to comply with such procedures as may be issued from time to time, including but not limited to the ETF ETT Shares cash collateral settlement procedures that are referenced in Annex II to this Agreement. The Participant acknowledges and agrees on behalf of itself and any party for which it is acting that acceptance delivery of a Purchase Order or Redemption Order shall be irrevocable, and that the Funds (or the Distributor on behalf of the Funds) reserve the right to reject any Purchase Order until the trade is properly released as described in Annex II. The Participant agrees that the Distributor has and reserves the right, in its sole discretion without notice, to reject a Purchase Order or Redemption Order or suspend sales of ETF ETT Shares, at anytime.

EXECUTION OF PURCHASE AND REDEMPTION ORDERS. (a) All Purchase Orders and Redemption Orders shall be made in accordance with the terms of the ETF Fund Documents and the procedures as described in Annex II to this Agreementthe AP Handbook. Each party Party hereto agrees to comply with the provisions of such documents to the extent applicable to it. It is contemplated that the phone lines used by the ETF Shares’ telephone representatives, which include representatives of the Distributor, Index Receipt Agent or the Trust and any affiliates thereof, will be recorded, and the Participant hereby consents to the recording of all calls with these representatives. The Funds reserve the right to issue additional or other procedures relating to the manner of purchasing or redeeming Creation Units, and the Participant agrees to comply with such procedures as may be issued from time to time, including but not limited to the ETF Fund Shares cash collateral settlement procedures that are referenced in Annex II to this Agreementthe AP Handbook. The Participant acknowledges and agrees on behalf of itself and any party for which it is acting that acceptance of a Purchase Order or Redemption Order shall be irrevocable, and that the Funds (or the Distributor on behalf of the Funds) reserve the right to reject any Purchase Order until or Redemption Order in accordance with the trade is properly released as described in Annex IIterms of the Fund Documents. The Participant agrees that the Distributor has and reserves the Trust have and reserve the right, in its their sole discretion without notice, to reject a Purchase Order or Redemption Order or suspend sales of ETF Fund Shares, at anytimein accordance with the terms of the Fund Documents.

EXECUTION OF PURCHASE AND REDEMPTION ORDERS. (a) All Purchase Orders and Redemption Orders shall be made in accordance with the terms of procedures set forth in the ETF Documents and the procedures described in Annex II to this AgreementFund Documents. Each party hereto agrees to comply with the provisions of such documents the Fund Documents to the extent applicable to it. It is contemplated that the phone lines used by the ETF Shares’ telephone representatives, which include representatives of the Distributor, Index Receipt Agent or the The Trust and any affiliates thereof, will be recorded, and the Participant hereby consents to the recording of all calls with these representatives. The Funds reserve reserves the right to issue additional or other procedures relating to the manner of purchasing or redeeming Creation UnitsUnits of any Fund, and the Participant agrees to comply with such procedures as may be issued from time to time, time (including but not limited to the ETF Fund Shares cash collateral settlement procedures that are referenced in Annex II the AP Handbook), provided that any such amendments are disclosed to this Agreementthe Participant. The Participant acknowledges and agrees on behalf of itself and any party for which it is acting that acceptance of a Purchase Order or Redemption Order shall be irrevocableirrevocable once accepted, and that the Funds (or the Distributor Distributor, on behalf of the Funds) reserve , reserves the right to reject any Purchase Order until in accordance with the trade is properly released as described in Annex IIterms of the Fund Documents. The Participant agrees that the Distributor Distributor, on behalf of the Funds, has and reserves the right, in its sole discretion without notice, to reject a Purchase Order or Redemption Order or suspend sales of ETF Fund Shares, at anytimein accordance with the terms of the Fund Documents.