TEUCRIUM TRADING, LLC (A DELAWARE LIMITED LIABILITY COMPANY) Instrument Establishing New Series of Teucrium Commodity Trust MAY 23, 2022
TEUCRIUM TRADING, LLC
(A
DELAWARE LIMITED LIABILITY COMPANY)
Instrument Establishing New Series of Teucrium Commodity
Trust
MAY 23, 2022
WHEREAS, Section 3.2(b) of the
Fifth Amended and Restated Declaration of Trust and Trust Agreement
(the “Trust Agreement”) of Teucrium Commodity Trust
(the “Trust”) provides that new series of the Trust may
be established and designated upon the execution by Teucrium
Trading, LLC (the “Company”), the Trust’s
sponsor, of an instrument setting forth such establishment and
designation and the relative rights and preferences of such
series;
WHEREAS, Section 4.6 of the Amended
and Restated Limited Liability Company Agreement of the Company
(the “LLC Agreement”) provides that the President of
the Company may do all such lawful acts and things as are not
required to be exercised or done by the members of the Company by
statute, by the LLC Agreement or by the Company’s certificate
of trust, and the establishment of new series is not so required to
be done by the Company’s members;
NOW, THEREFORE, BE IT RESOLVED that, in
consideration of the foregoing, the Company hereby establishes and
designates the following new series of the Trust (the
“Fund”):
Hashdex
Bitcoin Futures ETF
FURTHER RESOLVED, that each Fund shall
have the rights and preferences of a Fund under the Trust
Agreement, including, without limitation, that each Fund shall own
those assets specified in Section 3.7 of the Trust Agreement
and be subject to the liabilities specified in Section 3.8 of
the Trust Agreement.
Executed by the
undersigned, the President of TEUCRIUM TRADING, LLC, as of the date
first written above.
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TEUCRIUM
TRADING, LLC:
By:/s/ Xxx
Xxxxxxxxx
Xxx Xxxxxxxxx
President
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