SHORT SETTLEMENT TRANSACTIONS Clause Samples

The "Short Settlement Transactions" clause defines the terms and procedures for transactions that require a settlement period shorter than the standard timeframe. In practice, this clause specifies how parties can agree to expedited settlement dates, outlines any additional requirements or conditions for such transactions, and may address adjustments to payment or delivery obligations. Its core function is to provide flexibility for parties who need to complete transactions more quickly than usual, thereby accommodating urgent business needs or market opportunities.

SHORT SETTLEMENT TRANSACTIONS. With respect to short settlement transactions, as may be permitted for certain Funds from time to time, the applicable Trust may assess a cash collateral buffer as a percentage of the total order value. The cash collateral buffer would be added to the Cash Component of the basket. On the business day following the trade date of a short settlement transaction, the applicable Trust will calculate the true-up amount and either instruct a return wire to the Authorized Participant with all or a portion of the cash collateral or require additional funds from the Authorized Participant. Each Trust requires the true-up amount from the Authorized Participant to be paid same day. FOR abrdn ETFs and abrdn Funds _____________________________ (“Authorized Participant”) hereby represents that as of the date set forth below, Authorized Participant [Please check only one]: ¨ is registered in the appropriate category with the Commodity Futures Trading Commission (“CFTC”) and/or the National Futures Association (“NFA”). CFTC Number:________________ NFA Number:_______________ ¨ is exempted from registration pursuant to the Commodity Exchange Act of 1936, as amended (“CEA”), or the rules and regulations promulgated by the CFTC or NFA thereunder, excluded from applicable defined terms under the CEA or the rules and regulations promulgated by the CFTC or NFA thereunder, or has otherwise obtained no-action or exemptive relief from the CFTC or NFA [please specify the exemption reason]: __________________________________________________________________ Name: Title: Date: FOR abrdn ETFs and abrdn Funds 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 abrdn ETFs (the “Agreement”) or any other notice, request or instruction on behalf of the Authorized Participant pursuant to the Agreement. , Participant Name NSCC # *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)___________________ (1) Required information. (2) Required information to use the Web Order Site.

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SHORT SETTLEMENT TRANSACTIONS. With respect to short settlement transactions, as may be permitted for certain Funds from time to time, the Trust may assess a cash collateral buffer as a percentage of the total order value. The cash collateral buffer would be added to the Cash Component of the basket. On the Business Day following the trade date of a short settlement transaction, the Trust will calculate the true-up amount and either instruct a return wire to the Participant with all or a portion of the cash collateral or require additional funds from the Participant. The Trust requires the true-up amount from the Participant to be paid same day. 1. PLACING A REDEMPTION ORDER Redemption Orders for Creation Units of Shares may be initiated only on days that the Listing Exchange is open for trading. Redemption Orders may only be made in whole Creation Units of shares of each Fund.

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SHORT SETTLEMENT TRANSACTIONS. With respect to short settlement transactions, as may be permitted for certain Funds from time to time, each Trust may assess a cash collateral buffer as a percentage of the total order value. The cash collateral buffer would be added to the Cash Component of the basket. On the Business Day following the trade date of a short settlement transaction, each Trust will calculate the true-up amount and either instruct a return wire to the Participant with all or a portion of the cash collateral or require additional funds from the Participant. Each Trust requires the true-up amount from the Participant to be paid same day. Each Trusteach TrustANNEX III The following are the names, titles and signatures of all persons (each an “Authorized Person") authorized to give instructions relating to any activity contemplated by this Agreement or any other notice, request or instruction on behalf of the AP pursuant to this Agreement. Participant Name NSCC #

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SHORT SETTLEMENT TRANSACTIONS. With respect to short settlement transactions, as may be permitted for certain Funds from time to time, the Trust may assess a cash collateral buffer as a percentage of the total order value. The cash collateral buffer would be added to the Cash Component of the basket. On the Business Day following the trade date of a short settlement transaction, the Trust will calculate the true-up amount and either instruct a return wire to the Participant with all or a portion of the cash collateral or require additional funds from the Participant. The Trust requires the true-up amount from the Participant to be paid same day. The following individuals are Authorized Persons on behalf of the Authorized Participant pursuant to Section 8 of the Authorized Participant Agreement between ALPS Distributors, Inc. and the Authorized Participant, subject to acceptance by State Street, and , Participant Name NSCC # Certified By (Signature): Print Name: Title: (1) Required information. (2) Required information to use the Web Order Site.

SHORT SETTLEMENT TRANSACTIONS. With respect to short settlement transactions, as may be permitted for certain Funds from time to time, the Trust may require payment and maintenance of a cash collateral buffer in an amount equal to a percentage of the total Order value. The cash collateral buffer amount would be added to the Cash Component of the basket. On each Business Day following the trade date of a short settlement transaction, the Trust will calculate the true-up amount and either instruct a return wire to the AP with all or a portion of the cash collateral buffer amount or require additional funds from the AP to ensure the continued maintenance of the cash collateral buffer amount. The Trust requires the true-up amount from the AP to be paid same day. The following are the names, titles and signatures of all persons (each an “Authorized Person”) authorized to give instructions relating to any activity contemplated by this Agreement or any other notice, request or instruction on behalf of the AP pursuant to this Agreement. Participant Name NSCC # The undersigned does hereby certify that the persons listed above have been duly elected to the offices set forth next to their names, that they presently hold such offices, that they have been duly authorized to act as Authorized Persons of this institution in its capacity as an AP. Name: Title: Date: The accounts into which the GABELLI ETFs TRUST should deposit the securities constituting the Deposit Securities of each Fund upon redemption by the AP are set forth below: Account Name: Account Number: Other Reference Number: This Annex shall govern use by an Authorized Participant of the electronic order entry system for placing Purchase Orders and Redemption Orders for Shares (the “System”). Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Authorized Participant Agreement (the “AP Agreement”). In the event of any conflict between the terms of this Annex V and the main body of the AP Agreement with respect to the placing of Purchase Orders and Redemption Orders, the terms of this Annex V shall control. (a) Authorized Participant shall provide to the Transfer Agent a duly executed authorization letter, in a form satisfactory to Transfer Agent, identifying those Authorized Persons who will access the System. Authorized Participant shall notify the Transfer Agent promptly in writing, including, but not limited to, by electronic mail, in the event that any person’s status as an Auth...

SHORT SETTLEMENT TRANSACTIONS. With respect to short settlement transactions, as may be permitted for certain Funds from time to time, the Trust may assess a cash collateral buffer as a percentage of the total order value. The cash collateral buffer would be added to the Cash Component of the basket. On the Business Day following the trade date of a short settlement transaction, the Trust will calculate the true-up amount and either instruct a return wire to the Authorized Participant with all or a portion of the cash collateral or require additional funds from the Authorized Participant. The Trust requires the true-up amount from the Authorized Participant to be paid the same day. Guggenheim Funds Trust 6 1. PLACING A REDEMPTION ORDER. Redemption Orders for Creation Units of Shares may be initiated only on days that the Exchange is open for trading. Redemption Orders may only be made in whole Creation Units of shares of each Fund.

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