AMENDMENT NO. 1 DATED DECEMBER 15, 2006 TO THE PROSHARES TRUST EXPENSE LIMITATION AGREEMENT DATED DECEMBER 15, 2005, BETWEEN PROSHARES TRUST AND PROSHARE ADVISORS LLC SCHEDULE A TO PROSHARES EXPENSE LIMITATION AGREEMENT As of December 15, 2006 for the...
Exhibit (h)(2)
AMENDMENT NO. 1 DATED DECEMBER 15, 2006 TO THE PROSHARES TRUST EXPENSE
LIMITATION AGREEMENT DATED DECEMBER 15, 2005, BETWEEN PROSHARES TRUST AND
PROSHARE ADVISORS LLC
SCHEDULE A
TO PROSHARES EXPENSE LIMITATION AGREEMENT
As of December 15, 2006 for the Trust’s Initial Fiscal Year (the “applicable Period”)
| Fund Name |
Expense Limit | ||
| Ultra S&P500 ProShares | 0.95 | % | |
| Ultra MidCap400 ProShares | 0.95 | % | |
| Ultra Dow30 ProShares | 0.95 | % | |
| Ultra QQQ ProShares | 0.95 | % | |
| Short S&P500 ProShares | 0.95 | % | |
| Short MidCap400 ProShares | 0.95 | % | |
| Short Dow30 ProShares | 0.95 | % | |
| Short QQQ ProShares | 0.95 | % | |
| UltraShort S&P500 ProShares | 0.95 | % | |
| UltraShort MidCap400 ProShares | 0.95 | % | |
| UltraShort Dow30 ProShares | 0.95 | % | |
| UltraShort QQQ ProShares | 0.95 | % | |
| Ultra Russell2000 ProShares | 0.95 | % | |
| Ultra S&P SmallCap600 ProShares | 0.95 | % | |
| Ultra Russell1000 Value ProShares | 0.95 | % | |
| Ultra Russell1000 Growth ProShares | 0.95 | % | |
| Ultra Xxxxxxx XxxXxx Value ProShares | 0.95 | % | |
| Ultra Xxxxxxx MidCap Growth ProShares | 0.95 | % | |
| Ultra Russell2000 Value ProShares | 0.95 | % | |
| Ultra Russell2000 Growth ProShares | 0.95 | % | |
| Ultra Basic Materials ProShares | 0.95 | % | |
| Ultra Biotechnology ProShares | 0.95 | % | |
| Ultra Consumer Goods ProShares | 0.95 | % | |
| Ultra Consumer Services ProShares | 0.95 | % | |
| Ultra Financials ProShares | 0.95 | % | |
| Ultra Health Care ProShares | 0.95 | % | |
| Ultra Industrials ProShares | 0.95 | % | |
| Ultra Oil & Gas ProShares | 0.95 | % | |
| Ultra Precious Metals ProShares | 0.95 | % | |
| Ultra Real Estate ProShares | 0.95 | % | |
| Ultra Semiconductors ProShares | 0.95 | % | |
| Ultra Technology ProShares | 0.95 | % | |
| Ultra Telecommunications ProShares | 0.95 | % | |
| Ultra Utilities ProShares | 0.95 | % | |
| Ultra Russell1000 ProShares | 0.95 | % | |
| Short Russell2000 ProShares | 0.95 | % | |
| Short S&P SmallCap600 ProShares | 0.95 | % | |
| Short Russell1000 Value ProShares | 0.95 | % | |
| Short Russell1000 Growth ProShares | 0.95 | % | |
| Xxxxx Xxxxxxx XxxXxx Value ProShares | 0.95 | % | |
| Xxxxx Xxxxxxx MidCap Growth ProShares | 0.95 | % | |
| Short Russell2000 Value ProShares | 0.95 | % | |
| Short Russell2000 Growth ProShares | 0.95 | % | |
| Short Basic Materials ProShares | 0.95 | % | |
| Fund Name |
Expense Limit | ||
| Short Biotechnology ProShares | 0.95 | % | |
| Short Consumer Goods ProShares | 0.95 | % | |
| Short Consumer Services ProShares | 0.95 | % | |
| Short Financials ProShares | 0.95 | % | |
| Short Health Care ProShares | 0.95 | % | |
| Short Industrials ProShares | 0.95 | % | |
| Short Oil & Gas ProShares | 0.95 | % | |
| Short Precious Metals ProShares | 0.95 | % | |
| Short Real Estate ProShares | 0.95 | % | |
| Short Semiconductors ProShares | 0.95 | % | |
| Short Technology ProShares | 0.95 | % | |
| Short Telecommunications ProShares | 0.95 | % | |
| Short Utilities ProShares | 0.95 | % | |
| UltraShort Russell1000 ProShares | 0.95 | % | |
| UltraShort Russell2000 ProShares | 0.95 | % | |
| UltraShort S&P SmallCap600 ProShares | 0.95 | % | |
| UltraShort Russell1000 Value ProShares | 0.95 | % | |
| UltraShort Russell1000 Growth ProShares | 0.95 | % | |
| UltraShort Xxxxxxx XxxXxx Value ProShares | 0.95 | % | |
| UltraShort Xxxxxxx MidCap Growth ProShares | 0.95 | % | |
| UltraShort Russell2000 Value ProShares | 0.95 | % | |
| UltraShort Russell2000 Growth ProShares | 0.95 | % | |
| UltraShort Basic Materials ProShares | 0.95 | % | |
| UltraShort Biotechnology ProShares | 0.95 | % | |
| UltraShort Consumer Goods ProShares | 0.95 | % | |
| UltraShort Consumer Services ProShares | 0.95 | % | |
| UltraShort Financials ProShares | 0.95 | % | |
| UltraShort Health Care ProShares | 0.95 | % | |
| UltraShort Industrials ProShares | 0.95 | % | |
| UltraShort Oil & Gas ProShares | 0.95 | % | |
| UltraShort Precious Metals ProShares | 0.95 | % | |
| UltraShort Real Estate ProShares | 0.95 | % | |
| UltraShort Semiconductors ProShares | 0.95 | % | |
| UltraShort Technology ProShares | 0.95 | % | |
| UltraShort Telecommunications ProShares | 0.95 | % | |
| UltraShort Utilities ProShares | 0.95 | % | |
| UltraShort Russell1000 ProShares | 0.95 | % | |
| Ultra Xxxxxxx XxxXxx | 0.95 | % | |
| Xxxxx Xxxxxxx MidCap | 0.95 | % | |
| Ultra Xxxxx Xxxxxxx XxxXxx | 0.95 | % | |
| PROSHARE ADVISORS LLC, a Maryland limited liability company |
a Delaware statutory trust | |||||||
| By: |
|
By: |
| |||||
| Xxxxxxx X. Xxxxx Chief Executive Officer |
Xxxxx X. Xxxxxxx President | |||||||
