Common use of STANDING REDEMPTION INSTRUCTIONS Clause in Contracts

STANDING REDEMPTION INSTRUCTIONS. Annex V hereto contains the AP’s Standing Redemption Instructions, which include information identifying the account(s) into which Deposit Securities of each Fund and any other redemption proceeds should be delivered by the Trust pursuant to a Redemption Order. This Annex II – Part C supplements the Fund’s Prospectus with respect to the procedures to be used by the Distributor and the Transfer Agent in processing an order for the creation or redemption of Shares of any Fund of the Trust. A. The AP is required to have (i) signed an Authorized Participant Agreement for a Fund and (ii) assigned a personal identification number to each Authorized Person that the AP has authorized to act for such AP. This will allow an AP through its Authorized Person(s) to place a creation or redemption order with respect to Shares of any Fund of the Trust. B. The AP and the Distributor shall implement the “Funds Flow Process” as agreed to by the parties from time to time. C. Note that trades placed through the NSCC/DTC may only occur on any day that NSCC/DTC is open for business (“NSCC/DTC Business Day”) .

STANDING REDEMPTION INSTRUCTIONS. Annex V hereto contains the AP’s Standing Redemption Instructions, which include includes information identifying the account(s) into which Deposit Securities of each the Fund and any other redemption proceeds should be delivered by the Trust Company pursuant to a Redemption Order. FUNDS FLOW PROCESS This Annex II – II-Part C supplements the Fund’s Prospectus with respect to the procedures to be used by the Distributor and the Transfer Agent in processing an order for the creation or redemption of Shares of any Fund of the TrustFund. A. The AP is required to have (i) signed an Authorized Participant Agreement for a Fund and (ii) assigned a personal identification number to each Authorized Person that the AP has authorized to act for such AP. This will allow an AP through its Authorized Person(s) to place a creation or redemption order with respect to Shares of any Fund of the TrustCompany. B. The AP and the Distributor shall implement the “Funds Flow Process” as agreed to by the parties from time to time. C. Note that trades placed through the NSCC/DTC may only occur on any day that NSCC/DTC is open for business (“NSCC/DTC Business Day”) .

STANDING REDEMPTION INSTRUCTIONS. Annex V hereto contains the AP’s Standing Redemption Instructions, which include includes information identifying the account(s) into which Deposit Securities of each Fund and any other redemption proceeds should be delivered by the Trust Company pursuant to a Redemption Order. FOR HEALTHSHARES TM , INC. This Annex II – II-Part C supplements the Fund’s Prospectus with respect to the procedures to be used by the Distributor and the Transfer Agent in processing an order for the creation or redemption of Shares of any Fund of the TrustCompany. A. The AP is required to have (i) signed an Authorized Participant Agreement for a Fund and (ii) assigned a personal identification number to each Authorized Person that the AP has authorized to act for such AP. This will allow an AP through its Authorized Person(s) to place a creation or redemption order with respect to Shares of any Fund of the TrustCompany. B. The AP and the Distributor shall implement the “Funds Flow Process” as agreed to by the parties from time to time. C. Note that trades placed through the NSCC/DTC may only occur on any day that NSCC/DTC is open for business (“NSCC/DTC Business Day”) .