AMENDMENT TO THE INVESTMENT ADVISORY AGREEMENT
Exhibit (d)(7)
AMENDMENT TO THE INVESTMENT ADVISORY AGREEMENT
Dated as of November 09, 2023
|
(PARTY A) |
and | GRANITESHARES ADVISORS LLC
(PARTY B) |
Party A and Party B have previously entered into that an Investment Advisory Agreement (“The Agreement”) dated May 19, 2023. The parties have now agreed to amend the Agreement by this Amendment (this “Amendment”) with effect from the date first written above.
Accordingly, the parties agree as follows:-
| 1. | Amendment of Appendix A. Appendix A of the Agreement is amended and restated in its entirety and replaced with Appendix A attached hereto. Each entity listed on the attached Appendix A, a separate portfolio under the Agreement. |
| 2. | Representations. |
| Each party represents to the other party that all representations contained in the Agreement are true and accurate as of the date of this Amendment and that such representations are deemed to be given or repeated by each party, as the case may be, on the date of this Amendment | |
| 4. | Miscellaneous. |
| (a) | Definitions. Capitalized terms used in this Amendment and not otherwise defined herein shall have the meanings specified for such terms in the Agreement. | |
| (b) | Entire Agreement. This Amendment constitutes the entire agreement and understanding of the parties with respect to its subject matter and supersedes all oral communication and prior writings (except as otherwise provided herein) with respect thereto. | |
| (c) | Agreement Continuation. The Agreement, as modified herein, shall continue in full force and effect. | |
| (d) | Counterparts. This Amendment may be executed and delivered in counterparts (including by e-mail or facsimile transmission), each of which will be deemed an original. | |
| (e) | Headings. The headings used in this Amendment are for convenience of reference only and are not to affect the construction of or to be taken into consideration in interpreting this Amendment. |
[Signature Page to Follow]
IN WITNESS WHEREOF the parties have executed this Amendment with effect from the date specified on the first page of this Amendment.
| GRANITESHARES ETF TRUST | GRANITESHARES ADVISORS LLC | |||
| By: | /s/ Xxxxxxx Xxxxx | By: | /s/ Xxxxxxx Xxxxx | |
| Name: | Xxxxxxx Xxxxx | Name: | Xxxxxxx Xxxxx | |
| Title: | President XxxxxxxXxxxxx ETF Trust | Title: | CEO GraniteShares Advisors LLC | |
| Date: | November 09, 2023 | Date: | November 09, 2023 | |
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APPENDIX A
REVISED FUND NAMES
| Prior Fund Name | New Fund Name | |
| GraniteShares 1.5x Long AAL Daily ETF | GraniteShares 2x Long AAL Daily ETF | |
| GraniteShares 1.5x Short AAL Daily ETF | GraniteShares 2x Short AAL Daily ETF | |
| GraniteShares 1.75x Long AAPL Daily ETF | GraniteShares 2x Long AAPL Daily ETF | |
| GraniteShares 1.75x Short AAPL Daily ETF | GraniteShares 2x Short AAPL Daily ETF | |
| GraniteShares 1.25x Long AMD Daily ETF | GraniteShares 2x Long AMD Daily ETF | |
| GraniteShares 1.25x Short AMD Daily ETF | GraniteShares 2x Short AMD Daily ETF | |
| GraniteShares 1.5x Long AMZN Daily ETF | GraniteShares 2x Long AMZN Daily ETF | |
| GraniteShares 1.75x Long BABA Daily ETF | GraniteShares 2x Long BABA Daily ETF | |
| GraniteShares 1.5x Long COIN Daily ETF | GraniteShares 2x Long COIN Daily ETF | |
| GraniteShares 1.5x Short COIN Daily ETF | GraniteShares 2x Short COIN Daily ETF | |
| GraniteShares 1.5x Long DIS Daily ETF | GraniteShares 2x Long DIS Daily ETF | |
| GraniteShares 1.25x Long F Daily ETF | GraniteShares 2x Long F Daily ETF | |
| GraniteShares 1.75x Long GOOGL Daily ETF | GraniteShares 2x Long GOOGL Daily ETF | |
| GraniteShares 1.5x Long JPM Daily ETF | GraniteShares 2x Long JPM Daily ETF | |
| GraniteShares 1.5x Short JPM Daily ETF | GraniteShares 2x Short JPM Daily ETF | |
| GraniteShares 1.5x Long LCID Daily ETF | GraniteShares 2x Long LCID Daily ETF | |
| GraniteShares 1.5x Short LCID Daily ETF | GraniteShares 2x Short LCID Daily ETF | |
| GraniteShares 1.5x Long META Daily ETF | GraniteShares 2x Long META Daily ETF | |
| GraniteShares 1.5x Short META Daily ETF | GraniteShares 2x Short META Daily ETF | |
| GraniteShares 1.5x Long NVDA Daily ETF | GraniteShares 2x Long NVDA Daily ETF | |
| GraniteShares 1.5x Short NVDA Daily ETF | GraniteShares 2x Short NVDA Daily ETF | |
| GraniteShares 1.25x Long PLTR Daily ETF | GraniteShares 2x Long PLTR Daily ETF | |
| GraniteShares 1.5x Long RIVN Daily ETF | GraniteShares 2x Long RIVN Daily ETF | |
| GraniteShares 1.5x Short RIVN Daily ETF | GraniteShares 2x Short RIVN Daily ETF | |
| GraniteShares 1.75x Long TSLA Daily ETF | GraniteShares 2x Long TSLA Daily ETF | |
| GraniteShares 1.5x Short TSLA Daily ETF | GraniteShares 2x Short TSLA Daily ETF | |
| GraniteShares 1.5x Long UBER Daily ETF | GraniteShares 2x Long UBER Daily ETF | |
| GraniteShares 1.5x Long XOM Daily ETF | GraniteShares 2x Long XOM Daily ETF | |
| GraniteShares 1.5x Short XOM Daily ETF | GraniteShares 2x Short XOM Daily ETF |
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