Common use of INITIAL INVESTMENT BY AFFILIATES OF THE ADVISOR Clause in Contracts

INITIAL INVESTMENT BY AFFILIATES OF THE ADVISOR. Prior to the initial public offering of Shares pursuant to the Prospectus, the Advisor shall make an Initial Investment of $200,000 in the Trust by acquiring 10,000 Shares. The Advisor shall not withdraw such Initial Investment for a period of one year following the Final Closing Date and may only sell Shares represented by this initial investment through the market on which the Shares are formally traded. ARTICLE VII -

INITIAL INVESTMENT BY AFFILIATES OF THE ADVISOR. Prior to the initial public offering of Shares pursuant to the Prospectus, the Advisor shall make an Initial Investment of $200,000 in the Trust by acquiring 10,000 Shares. The Advisor shall Advisor, Sponsors or any Affiliates may not withdraw such Initial Investment for sell that initial investment while the Sponsor remains a period of one year following Sponsor but may transfer the Final Closing Date and may only sell Shares represented by this initial investment through the market on which the Shares are formally traded. ARTICLE VII -to other Affiliates.

INITIAL INVESTMENT BY AFFILIATES OF THE ADVISOR. Prior to the initial public offering of Shares pursuant to the Prospectus, the Advisor shall make made an Initial Investment of $200,000 in the Trust by acquiring 10,000 Common Shares. The Advisor shall not withdraw such Initial Investment for a period of one year following the Final Closing Date and may only sell Common Shares represented by this initial investment Initial Investment through the market on which the Common Shares are formally normally traded. ARTICLE VII -.

INITIAL INVESTMENT BY AFFILIATES OF THE ADVISOR. Prior to the initial public offering of Shares pursuant to the Prospectus, the Advisor shall make an Initial Investment of $200,000 in the Trust by acquiring 10,000 Shares. The Advisor shall not withdraw such Initial Investment for a period of one year following the Final Closing Date and may only sell Shares represented by this initial investment through the market on which the Shares are formally traded. ARTICLE VII -.