EXTENSION TO EXPENSE LIMITATION AGREEMENT PRECIDIAN ETFs TRUST
Exhibit 99.(h)(8)(iv)
EXTENSION TO
This extension to the Expense Limitation Agreement is made and entered into effective as of May 20, 2015, by and between the fund listed on Schedule A (the “Fund”), a series of shares of Precidian ETFs Trust, a Delaware statutory trust (the “Trust”) and Precidian Funds LLC, a Delaware limited liability company (the “Advisor”).
WHEREAS, the Trust, on behalf of the Fund, and the Advisor have entered into an Expense Limitation Agreement dated July 8, 2011 (the “Expense Limitation Agreement”), by which the Advisor limits the expenses of the Fund, and, therefore, have entered into this Agreement in order to maintain the Fund’s expense ratio within the Operating Expense Limit, as defined in Schedule A; and
WHEREAS, the Fund and the Advisor have determined that it is appropriate and in the best interests of the Fund and its shareholders to extend the term of the Expense Limitation Agreement through July 30, 2016.
NOW, THEREFORE, in consideration of the mutual covenants herein contained, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows:
RESOLVED that the term of the Expense Limitation Agreement, as set forth in Paragraph 3 thereof, be extended such that it shall continue in effect until the 30th day of July, 2016, subject to the terms of such Paragraph 3.
IN WITNESS WHEREOF, the parties have caused this Agreement to be signed by their respective officers thereunto duly authorized and their respective corporate seals to be hereunto affixed, as of the day and year first above written.
PRECIDIAN ETFs TRUST,
ON BEHALF OF EACH FUND
/s/ Xxxxxx X. XxXxxx
By: Xxxxxx X. XxXxxx
Title: President
PRECIDIAN FUNDS LLC
/s/ Xxxxxx X. XxXxxx
By: Xxxxxx X. XxXxxx
Title: Chief Executive Officer
SCHEDULE A
Funds and Operating Expense Limits
| Fund | Operating Expense Limit |
| MAXIS® Nikkei 225 Index Fund | 0.50 % |
