IShares Silver Trust Sample Contracts

Third Amended and Restated Depositary Trust Agreement iShares® Silver Trust
Depositary Trust Agreement • January 31st, 2022 • iShares Silver Trust • Commodity contracts brokers & dealers • New York

THIS THIRD AMENDED AND RESTATED DEPOSITARY TRUST AGREEMENT dated as of January 31, 2022, between iSHARES® DELAWARE TRUST SPONSOR LLC, a Delaware limited liability company, as sponsor, THE BANK OF NEW YORK MELLON, a New York banking corporation formerly known as The Bank of New York, as trustee, all Registered Owners and Beneficial Owners from time to time of iShares Silver Trust Shares issued hereunder and all Depositors

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AUTHORIZED PARTICIPANT AGREEMENT
Authorized Participant Agreement • April 24th, 2006 • iShares Silver Trust • Gold and silver ores • New York

STANDARD TERMS FOR AUTHORIZED PARTICIPANT AGREEMENTS (the “Standard Terms”) agreed to as of [ ], 2006 by and between The Bank of New York, a New York banking corporation, and Barclays Global Investors International Inc., a Delaware corporation.

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CUSTODIAN AGREEMENT
Custodian Agreement • April 24th, 2006 • iShares Silver Trust • Gold and silver ores

We have agreed to open and maintain for you the Account (as defined below) and to provide other services to you in connection with the Account. This agreement sets out the terms under which we will provide those services to you and the arrangements which will apply in connection with those services.

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FIRST AMENDED AND RESTATED CUSTODIAN AGREEMENT
Custodian Agreement • December 22nd, 2016 • iShares Silver Trust • Commodity contracts brokers & dealers

We have agreed, pursuant to the Custodian Agreement between you and us dated April 21, 2006, as amended by a First Amendment, dated September 13, 2006, a Second Amendment, dated February 8, 2010, a Third Amendment, dated November 5, 2010, and a Fourth Amendment, dated February 10, 2012, (the “Original Custodian Agreement”), to open and maintain for you the Account (as defined below) and to provide other services to you in connection with the Account. This Agreement sets out the terms under which we will provide those services to you and the arrangements which will apply in connection with those services.

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as Sponsor and THE BANK OF NEW YORK MELLON, as Trustee First Amended and Restated Depositary Trust Agreement
Trust Agreement • February 28th, 2013 • iShares Silver Trust • Commodity contracts brokers & dealers • New York

THIS FIRST AMENDED AND RESTATED DEPOSITARY TRUST AGREEMENT dated as of February 28, 2013, between iSHARES® DELAWARE TRUST SPONSOR LLC, a Delaware limited liability company, as sponsor, THE BANK OF NEW YORK MELLON, a New York banking corporation formerly known as The Bank of New York, as trustee, all Registered Owners and Beneficial Owners from time to time of iShares Silver Trust Shares issued hereunder and all Depositors

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iSHARES SILVER TRUST SUBLICENSE AGREEMENT
Ishares Silver Trust Sublicense Agreement • December 30th, 2008 • iShares Silver Trust • Gold and silver ores • New York

This Sublicense Agreement (the “Agreement”) is made as of April 21, 2006, by and between Barclays Global Investors International Inc., a corporation organized under the laws of the State of Delaware (“BGII”) and The Bank of New York, a banking corporation organized under the laws of the State of New York acting in its capacity as trustee (the “Trustee”) of the iShares Silver Trust, a trust organized under the laws of the State of New York (the “Trust”).

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ASSIGNMENT, DELEGATION AND ASSUMPTION AGREEMENT dated November 13, 2012 between BLACKROCK ASSET MANAGEMENT INTERNATIONAL INC. and
Authorized Participant Agreement • November 14th, 2012 • iShares Silver Trust • Commodity contracts brokers & dealers • New York

NOW, THEREFORE, in consideration of the foregoing, and for other good and valid consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intended to be legally bound, have agreed as follows:

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BARCLAYS GLOBAL INVESTORS INTERNATIONAL INC. as Sponsor and THE BANK OF NEW YORK, as Trustee Depositary Trust Agreement iShares Silver Trust Dated as of April 21, 2006
Depositary Trust Agreement • December 30th, 2008 • iShares Silver Trust • Gold and silver ores • New York

THIS DEPOSITARY TRUST AGREEMENT dated as of April 21, 2006, between BARCLAYS GLOBAL INVESTORS INTERNATIONAL INC, a Delaware corporation, as sponsor, THE BANK OF NEW YORK, a New York banking corporation, as trustee, all Registered Owners and Beneficial Owners from time to time of iShares Silver Trust Shares issued hereunder and all Depositors.

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iShares Silver Trust Standard Terms for Authorized Participant Agreements Dated as of April 21, 2006
iShares Silver Trust • December 30th, 2008 • Gold and silver ores

STANDARD TERMS FOR AUTHORIZED PARTICIPANT AGREEMENTS (the “Standard Terms”) agreed to as of April 21, 2006 by and between The Bank of New York, a New York banking corporation, and Barclays Global Investors International Inc., a Delaware corporation.

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SECOND AMENDMENT TO DEPOSITARY TRUST AGREEMENT
Depositary Trust Agreement • November 16th, 2012 • iShares Silver Trust • Commodity contracts brokers & dealers • New York

THIS SECOND AMENDMENT (this “Amendment”) to the Depositary Trust Agreement dated as of April 21, 2006 is entered into on October 31, 2012, by and among BLACKROCK ASSET MANAGEMENT INTERNATIONAL INC., a Delaware corporation, in its capacity as retiring sponsor, iSHARES® DELAWARE TRUST SPONSOR LLC, a Delaware limited liability company, as successor sponsor (the “Successor Sponsor”), and THE BANK OF NEW YORK MELLON, a New York banking corporation, as trustee.

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FIRST AMENDMENT TO CUSTODIAN AGREEMENT
Custodian Agreement • September 27th, 2006 • iShares Silver Trust • Gold and silver ores

We have entered into the Custodian Agreement dated April 21, 2006 (the “Custodian Agreement”) with you, pursuant to which we have agreed to open and maintain for you the Account (as defined in the Custodian Agreement) and to provide other services to you as provided therein.

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JPMorgan Chase Bank N.A, London Branch and The Bank of New York Mellon SECOND AMENDMENT TO CUSTODIAN AGREEMENT
Custodian Agreement • February 10th, 2010 • iShares Silver Trust • Gold and silver ores

We have entered into the Custodian Agreement dated April 21, 2006 (as amended on September 13, 2006, the “Custodian Agreement”) with you, pursuant to which we have agreed to open and maintain for you the Account (as defined in the Custodian Agreement) and to provide other services to you as provided therein.

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JPMorgan Chase Bank N.A, London Branch and The Bank of New York Mellon THIRD AMENDMENT TO CUSTODIAN AGREEMENT
Custodian Agreement • November 9th, 2010 • iShares Silver Trust • Commodity contracts brokers & dealers

We have entered into the Custodian Agreement dated April 21, 2006 (as amended on September 13, 2006 and February 8, 2010, the “Custodian Agreement”) with you, pursuant to which we have agreed to open and maintain for you the Account (as defined in the Custodian Agreement) and to provide other services to you as provided therein.

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BARCLAYS GLOBAL INVESTORS INTERNATIONAL INC, as Sponsor And THE BANK OF NEW YORK MELLON, as Trustee First Amendment to Depositary Trust Agreement
Depositary Trust Agreement • December 2nd, 2009 • iShares Silver Trust • Gold and silver ores • New York

THIS FIRST AMENDMENT (this “Amendment”) to the Depositary Trust Agreement dated as of April 21, 2006 is entered into on November 30, 2009, by and between BARCLAYS GLOBAL INVESTORS INTERNATIONAL INC, a Delaware corporation, in its capacity as Sponsor, and THE BANK OF NEW YORK MELLON, a New York banking corporation, as trustee.

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FOURTH AMENDMENT TO CUSTODIAN AGREEMENT
Custodian Agreement • February 14th, 2012 • iShares Silver Trust • Commodity contracts brokers & dealers

We have entered into the Custodian Agreement dated April 21, 2006 (as amended on September 13, 2006, February 8, 2010, and November 5, 2010, the “Custodian Agreement”) with you, pursuant to which we have agreed to open and maintain for you the Account (as defined in the Custodian Agreement) and to provide other services to you as provided therein.

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] iShares iSHARES SILVER TRUST DISTRIBUTION AGREEMENT
Distribution Agreement • June 17th, 2005 • iShares Silver Trust • New York
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AMENDMENT AGREEMENT
Amendment Agreement • July 1st, 2020 • iShares Silver Trust • Commodity contracts brokers & dealers

WHEREAS, the Parties hereto have previously entered into a First Amended and Restated Custodian Agreement dated 22 December 2016 (the “Agreement”); and

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