AMENDMENT TO DIREXION SHARES ETF TRUST DISTRIBUTION AGREEMENT
AMENDMENT TO
This Amendment (the “Amendment”) to the Direxion Shares ETF Trust Distribution Agreement (the “Agreement”) dated as of the 31st day of March 2009, as amended from time to time, by and between Direxion Shares ETF Trust (the “Trust”) and Foreside Fund Services, LLC (the “Distributor”) is entered into as of January 9, 2012 (the “Effective Date”).
WHEREAS, the Trust and Distributor desire to amend Exhibit A to the Agreement to reflect amendments to the list of Funds, specifically to add the Direxion S&P RC 1500® Volatility Response Shares, Direxion S&P RC 600® Volatility Response Shares, and Direxion S&P Latin America 40 RC Volatility Response Shares funds; and
WHEREAS, pursuant to Section 8(c) no provision of the Agreement may be changed, waived, discharged or terminated except by an instrument in writing and signed by the parties.
NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Trust and Distributor hereby agree as follows:
1. Capitalized terms not otherwise defined herein shall have the meanings set forth in the Agreement.
2. As of the Effective Date, Exhibit A to the Agreement is hereby amended and restated as provided on Appendix A attached hereto.
3. Except as expressly amended hereby, all of the provisions of the Agreement shall remain unamended and in full force and effect to the same extent as if fully set forth herein.
4. This Amendment shall be governed by, and the provisions of this Amendment shall be construed and interpreted under and in accordance with, the laws of the State of Delaware.
IN WITNESS WHEREOF, the parties have caused this Amendment to be executed and delivered as of the Effective Date.
| DIREXION SHARES ETF TRUST | FORESIDE FUND SERVICES, LLC | |||||||
| By: | By: | |||||||
| Xxxx X. Xxxxxxxxx | ||||||||
| President | ||||||||
1
EXHIBIT A
CREATION UNIT SIZE FOR FUND SHARES
Shares per Creation Unit
| Shares per Creation Unit |
||||
| SPECIALTY FUNDS |
||||
| Direxion Daily Clean Energy Bull 3X Shares |
50,000 | |||
| Direxion Daily Clean Energy Bear 3X Shares |
50,000 | |||
| Direxion Daily Energy Bull 3X Shares |
50,000 | |||
| Direxion Daily Energy Bear 3X Shares |
50,000 | |||
| Direxion Daily Financial Bull 3X Shares |
50,000 | |||
| Direxion Daily Financial Bear 3X Shares |
50,000 | |||
| Direxion Daily Technology Bull 3X Shares |
50,000 | |||
| Direxion Daily Technology Bear 3X Shares |
50,000 | |||
| Direxion Daily Real Estate Bull 3X Shares |
50,000 | |||
| Direxion Daily Real Estate Bear 3X Shares |
50,000 | |||
| Direxion Daily Homebuilders Bull 3X Shares |
50,000 | |||
| Direxion Daily Homebuilders Bear 3X Shares |
50,000 | |||
| FIXED INCOME BOND FUNDS |
||||
| Direxion Daily 7-10 Year Treasury Bear 1X Shares |
50,000 | |||
| Direxion Daily 20+ Year Treasury Bear 1X Shares |
50,000 | |||
| Direxion Daily 7-10 Year Treasury Bull 3X Shares |
50,000 | |||
| Direxion Daily 7-10 Year Treasury Bear 3X Shares |
50,000 | |||
| Direxion Daily 20+ Year Treasury Bull 3X Shares |
50,000 | |||
| Direxion Daily 20+ Year Treasury Bear 3X Shares |
50,000 | |||
| Direxion Daily Corporate Bond Bear 1X Shares |
50,000 | |||
| Direxion Daily Total Bond Market Bear 1X Shares |
50,000 | |||
| DOMESTIC EQUITY INDEX FUNDS |
||||
| Direxion Daily S&P 500® Bull 3X Shares |
50,000 | |||
| Direxion Daily S&P 500® Bear 3X Shares |
50,000 | |||
| Direxion Daily Large Cap Bull 3X Shares |
50,000 | |||
| Direxion Daily Large Cap Bear 3X Shares |
50,000 | |||
| Direxion Daily Mid Cap Bull 3X Shares |
50,000 | |||
| Direxion Daily Mid Cap Bear 3X Shares |
50,000 | |||
| Direxion Daily Small Cap Bull 3X Shares |
50,000 | |||
| Direxion Daily Small Cap Bear 3X Shares |
50,000 | |||
| Direxion Daily Total Market Bull 3X Shares |
50,000 | |||
| Direxion Daily Total Market Bear 3X Shares |
50,000 | |||
| Direxion Daily Dow 30® Bear 1X Shares |
50,000 | |||
| Direxion Daily Large Cap Bear 1X Shares |
50,000 | |||
| Direxion Daily Small Cap Bear 1X Shares |
50,000 | |||
2
| Direxion Daily Total Market Bear 1X Shares |
50,000 | |||
| Direxion S&P RC 1500® Volatility Response Shares |
50,000 | |||
| Direxion S&P RC 600® Volatility Response Shares |
50,000 | |||
| SECTOR FUNDS |
||||
| Direxion Airline Shares |
50,000 | |||
| Direxion Auto Shares |
50,000 | |||
| Direxion Daily Basic Materials Bull 3X Shares |
50,000 | |||
| Direxion Daily Basic Materials Bear 3X Shares |
50,000 | |||
| Direxion Daily Consumer Discretionary Bull 3X Shares |
50,000 | |||
| Direxion Daily Consumer Discretionary Bear 3X Shares |
50,000 | |||
| Direxion Daily Consumer Staples Bull 3X Shares |
50,000 | |||
| Direxion Daily Consumer Staples Bear 3X Shares |
50,000 | |||
| Direxion Daily Healthcare Bull 3X Shares |
50,000 | |||
| Direxion Daily Healthcare Bear 3X Shares |
50,000 | |||
| Direxion Daily Retail Bull 3X Shares |
50,000 | |||
| Direxion Daily Retail Bear 3X Shares |
50,000 | |||
| Direxion Daily Semiconductor Bull 3X Shares |
50,000 | |||
| Direxion Daily Semiconductor Bear 3X Shares |
50,000 | |||
| Direxion Daily Utilities Bull 3X Shares |
50,000 | |||
| Direxion Daily Utilities Bear 3X Shares |
50,000 | |||
| Direxion Daily Agribusiness Bull 3X Shares |
50,000 | |||
| Direxion Daily Agribusiness Bear 3X Shares |
50,000 | |||
| Direxion Daily Commodity Related Bull 3X Shares |
50,000 | |||
| Direxion Daily Commodity Related Bear 3X Shares |
50,000 | |||
| Direxion Daily Global Infrastructure Bull 3X Shares |
50,000 | |||
| Direxion Daily Global Infrastructure Bear 3X Shares |
50,000 | |||
| Direxion Daily Regional Banks Bull 3X Shares |
50,000 | |||
| Direxion Daily Regional Banks Bear 3X Shares |
50,000 | |||
| Direxion Daily Water Bull 3X Shares |
50,000 | |||
| Direxion Daily Water Bear 3X Shares |
50,000 | |||
| Direxion Daily Wind Energy Bull 3X Shares |
50,000 | |||
| Direxion Daily Wind Energy Bear 3X Shares |
50,000 | |||
| Direxion NASDAQ-100® Equal Weighted Index Shares |
50,000 | |||
| Direxion NASDAQ Volatility Response Shares |
50,000 | |||
| Direxion Wireless Communications Shares |
50,000 | |||
| Direxion All Cap Insider Sentiment Shares |
50,000 | |||
| Direxion Large Cap Insider Sentiment Shares |
50,000 | |||
| INTERNATIONAL FUNDS |
||||
| Direxion Daily BRIC Bull 3X Shares |
50,000 | |||
| Direxion Daily BRIC Bear 3X Shares |
50,000 | |||
| Direxion Daily Canada Bull 2X Shares |
50,000 | |||
| Direxion Daily Canada Bear 2X Shares |
50,000 | |||
| Direxion Daily Gold Miners Bull 3X Shares |
50,000 | |||
3
| Direxion Daily Gold Miners Bear 3X Shares |
50,000 | |||
| Direxion Daily Home Construction Bull 2X Shares |
50,000 | |||
| Direxion Daily Home Construction Bear 2X Shares |
50,000 | |||
| Direxion Daily India Bull 3X Shares |
50,000 | |||
| Direxion Daily India Bear 3X Shares |
50,000 | |||
| Direxion Daily Natural Gas Related Bull 3X Shares |
50,000 | |||
| Direxion Daily Natural Gas Related Bear 3X Shares |
50,000 | |||
| Direxion Daily Brazil Bull 3X Shares |
50,000 | |||
| Direxion Daily Brazil Bear 3X Shares |
50,000 | |||
| Direxion Daily China Bull 3X Shares |
50,000 | |||
| Direxion Daily China Bear 3X Shares |
50,000 | |||
| Direxion Daily Developed Markets Bull 3X Shares |
50,000 | |||
| Direxion Daily Developed Markets Bear 3X Shares |
50,000 | |||
| Direxion Daily Emerging Markets Bull 3X Shares |
50,000 | |||
| Direxion Daily Emerging Markets Bear 3X Shares |
50,000 | |||
| Direxion Daily Indonesia Bull 3X Shares |
50,000 | |||
| Direxion Daily Indonesia Bear 3X Shares |
50,000 | |||
| Direxion Daily Latin America Bull 3X Shares |
50,000 | |||
| Direxion Daily Latin America Bear 3X Shares |
50,000 | |||
| Direxion Daily Malaysia Bull 3X Shares |
50,000 | |||
| Direxion Daily Malaysia Bear 3X Shares |
50,000 | |||
| Direxion Daily Russia Bull 3X Shares |
50,000 | |||
| Direxion Daily Russia Bear 3X Shares |
50,000 | |||
| Direxion Daily South Korea Bull 3X Shares |
50,000 | |||
| Direxion Daily South Korea Bear 3X Shares |
50,000 | |||
| Direxion Daily Taiwan Bull 3X Shares |
50,000 | |||
| Direxion Daily Taiwan Bear 3X Shares |
50,000 | |||
| Direxion Daily Thailand Bull 3X Shares |
50,000 | |||
| Direxion Daily Thailand Bear 3X Shares |
50,000 | |||
| Direxion Daily Developed Markets Bear 1X Shares |
50,000 | |||
| Direxion Daily Emerging Market Bear 1X Shares |
50,000 | |||
| Direxion S&P Latin America 40 RC Volatility Response Shares |
50,000 |
4
