ORDER SCHEDULE
DocuSign Envelope ID: 1FFE3C2C-CED9-468E-B5B8-EB0DE19798D7
Solactive AG – Order Schedule
ORDER SCHEDULE
This Order Schedule (the “Order Schedule”) is dated as of 21 September 2023 (the “Order Schedule Effective Date”) between Solactive AG (“Solactive”) and The Bank of New York Mellon
Corporation (the “Licensee” and together, the “Parties”) relating to the Index License Agreement dated as of 18 February 2020 as amended from time to time between Solactive and
The Bank of New York Mellon Corporation (the “Agreement”).
The terms and conditions of the Agreement are incorporated herein by reference. This Order Schedule shall be read and construed in accordance with the Agreement. Capitalized terms used, but not otherwise defined in this Order Schedule shall have the meanings ascribed to such terms in the Agreement. In the event of any inconsistency between the terms and conditions set forth in the Agreement and in this Order Schedule, the terms and conditions set forth in this Order Schedule shall prevail.
Account: 1001509 Master Agreement: SLC0000688 Order Schedule: Q-00372
BNYM Reference: ENG - 763347, MDR_2023-1001, CDR19564
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DocuSign Envelope ID: 1FFE3C2C-CED9-468E-B5B8-EB0DE19798D7
Solactive AG – Order Schedule
1 PRODUCT DETAILS
The following table sets forth the Index/Indices covered under this Order Schedule:
| Ref. No. | Index | ISIN | Reuters Instrument Code (RIC) | Bloomberg Ticker |
|
1. |
Solactive GBS Developed Markets ex United States Large & Mid Cap USD Index NTR | DE000SLA4HP8 | .SXULMCUN | SXULMCUN Index |
| Solactive GBS Developed Markets ex United States Large & Mid Cap USD Index PR | DE000SLA4HK9 | .SXULMCUP | ||
| Solactive GBS Developed Markets ex United States Large & Mid Cap USD Index TR | DE000SLA4HL7 | .SXULMCUT | ||
|
2. |
Solactive GBS Emerging Markets Large & Mid Cap USD Index NTR | DE000SLA75X8 | .SEMLMCUN | SEMLMCUN Index |
| Solactive GBS Emerging Markets Large & Mid Cap USD Index PR | DE000SLA75V2 | .SEMLMCUP | SEMLMCUP Index | |
| Solactive GBS Emerging Markets Large & Mid Cap USD Index TR | DE000SLA75W0 | .SEMLMCUT | SEMLMCUT Index | |
|
3. |
Solactive GBS United States 400 Index | DE000SL0AE99 | .US400 |
US400P Index |
| Solactive GBS United States 400 Index NTR | DE000SL0AFA3 | .US400N | ||
| Solactive GBS United States 400 Index TR | DE000SL0AFB1 | .US400T | US400T Index | |
|
4. |
Solactive GBS United States 500 Index | DE000SL0AE65 | .US500 | US500P Index |
| Solactive GBS United States 500 Index NTR | DE000SL0AE73 | .US500N | US500N Index | |
| Solactive GBS United States 500 Index TR | DE000SL0AE81 | .US500T | US500T Index | |
|
5. |
Solactive GBS United States 600 Index | DE000SL0AFC9 | .US600 | US600P Index |
| Solactive GBS United States 600 Index NTR | DE000SL0AFD7 | .US600N | ||
| Solactive GBS United States 600 Index TR | DE000SL0AFE5 | .US600T | US600T Index |
Each, an “Index” and, together, the “Indices”.
Account: 1001509 Master Agreement: SLC0000688 Order Schedule: Q-00372
BNYM Reference: ENG - 763347, MDR_2023-1001, CDR19564
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DocuSign Envelope ID: 1FFE3C2C-CED9-468E-B5B8-EB0DE19798D7
Solactive AG – Order Schedule
2 REMUNERATION
The following table sets forth the Remuneration payable by the Licensee under this Order Schedule:
|
Ref. No. |
Service Description |
Service Category |
Start Date |
Billing Type |
Currency |
Fixed Remuneration |
Variable Remuneration (in bps) |
Minimum Fee |
Maximum Fee |
Additional Detail(s)/Special Arrangement(s) |
|
1. |
Solactive GBS Developed Markets ex United States Large & Mid Cap USD Index |
Index Data (Financial Product) |
01/November/ 2023 |
Annual Fee |
US Dollar |
10000.00 |
N/A | N/A | N/A | |
|
2. |
Solactive GBS Emerging Markets Large & Mid Cap USD Index |
Index Data (Financial Product) |
01/November/ 2023 |
Annual Fee |
US Dollar |
10000.00 |
N/A | N/A | N/A | |
|
3. |
Solactive GBS United States 400 Index |
Index Data (Financial Product) |
01/November/ 2023 |
Annual Fee |
US Dollar |
10000.00 |
N/A | N/A | N/A | |
|
4. |
Solactive GBS United States 500 Index |
Index Data (Financial Product) |
01/November/ 2023 |
Annual Fee |
US Dollar |
10000.00 |
N/A | N/A | N/A | |
|
5. |
Solactive GBS United States 600 Index |
Index Data (Financial Product) |
01/November/ 2023 |
Annual Fee |
US Dollar |
10000.00 |
N/A | N/A | N/A |
Account: 1001509 Master Agreement: SLC0000688 Order Schedule: Q-00372
BNYM Reference: ENG - 763347, MDR_2023-1001, CDR19564
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DocuSign Envelope ID: 1FFE3C2C-CED9-468E-B5B8-EB0DE19798D7
Solactive AG – Order Schedule
3 LICENSE DETAILS
Subject to the Agreement, Solactive grants to the Licensee and its Permitted Affiliates (as listed in this Order Schedule) a license to use each Index listed in Section 1 of the Order Schedule for the purpose(s) as set out in the corresponding Service Category in Section 2 (as further defined below);
a) Index Data (Financial Product):
Use of Index Data as a basis for or a component of Financial Product(s). This includes use of Index Data to republish the levels and the composition of the Index for marketing purposes (e.g., factsheets, website, reports, etc.). The composition of the Index consists of data related to an Index, including names of the constituents and derived data, but not including data not owned by Solactive, e.g., index composition price data.
The license is granted in accordance with the following terms:
|
Ref. No. |
Service Description |
Financial Product(s) |
Permitted Number of Financial Product(s) |
Approved Territory/Territories |
Exclusivity Start Date |
Exclusivity End Date |
Details of Financial Product(s) (i.e., name of Financial Product(s), identifiers of Financial Product(s), date(s) of issuance of Financial Product(s), etc.) |
|
1. |
Solactive GBS Developed Markets ex United States Large & Mid Cap USD Index |
Exchange-Traded Fund |
1 |
United States of America |
BNY Mellon International Equity ETF | ||
| 2. | Solactive GBS Emerging Markets Large & Mid Cap USD Index | Exchange-Traded Fund | 1 | United States of America | BNY Mellon Emerging Markets Equity ETF | ||
| 3. | Solactive GBS United States 400 Index | Exchange-Traded Fund | 1 | United States of America | BNY Mellon US Mid Cap Core Equity ETF | ||
| 4. | Solactive GBS United States 500 Index | Exchange-Traded Fund | 1 | United States of America | BNY Mellon US Large Cap Core Equity ETF | ||
| 5. | Solactive GBS United States 600 Index | Exchange-Traded Fund | 1 | United States of America | BNY Mellon US Small Cap Core Equity ETF |
If an Exclusivity Start Date is provided, the Licensee’s license in respect of the applicable Service Description is exclusive to the Licensee: (a) in respect of the Financial Product(s) in the
Approved Territory/Territories; and (b) during the duration starting on the Exclusivity Start Date and ending on the Exclusivity End Date.
o Exchange-Traded Fund:
Exchange-traded funds (ETFs) are open ended collective investment schemes (CIS) that trade like a stock on the secondary market (i.e., through an exchange). Generally, ETFs seek to replicate the performance of a target index and are structured and operate accordingly.
Account: 1001509 Master Agreement: SLC0000688 Order Schedule: Q-00372
BNYM Reference: ENG - 763347, MDR_2023-1001, CDR19564
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DocuSign Envelope ID: 1FFE3C2C-CED9-468E-B5B8-EB0DE19798D7
Solactive AG – Order Schedule
4 PERMITTED AFFILIATES
The following Permitted Affiliates may use the Index/Indices in accordance with and subject to the terms of the Agreement.
| Permitted Affiliate | Affiliate function using the Index/Indices |
|
The Bank of New York Mellon |
Administrator and Fund Accounting |
| Custodian | |
| Transfer Agent | |
| BNY Mellon ETF Investment Adviser, LLC | Adviser |
| BNY Mellon Securities Corporation | Distributor |
| Mellon Investments Corporation | Sub-adviser |
| BNY Mellon Investment Servicing (US) Inc. | Transfer Agent Support |
| BNY Mellon International Operations (India) Private | Operations Support |
Each, a “Permitted Affiliate” and together, the “Permitted Affiliates”.
Subject to Section 3.5 of the Agreement, Affiliates of Licensee can have access to the Index and Index Data to support the functions of the Permitted Affiliates included in Section 4. The Licensee is responsible to Solactive for the compliance of its Affiliates with this Agreement relating to the usage of the Index and Index Data.
Account: 1001509 Master Agreement: SLC0000688 Order Schedule: Q-00372
BNYM Reference: ENG - 763347, MDR_2023-1001, CDR19564
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DocuSign Envelope ID: 1FFE3C2C-CED9-468E-B5B8-EB0DE19798D7
Solactive AG – Order Schedule
5 SOLACTIVE TRADEMARKS
The following table sets forth the Solactive Trademark(s) that the Licensee may use in connection with the license granted herein to indicate the source of the applicable Index/Indices.
| Solactive Trademark | Solactive Trademark Owner | Additional Detail(s) |
| Solactive® | Solactive AG |
Nos. 302009050036 and 302016014653 (Germany) No. 1133946 (International Registration (IR): European Union, Singapore, United States of America, Switzerland, Liechtenstein) No. 1371385 (International Registration (IR): European Union, Switzerland, Liechtenstein, Singapore, United States of America, Australia, China, India, Israel, Japan, South Korea, Mexico, Turkey and United Kingdom) No. 1847671 (Canada) No. 304354669 (Hong Kong) |
Account: 1001509 Master Agreement: SLC0000688 Order Schedule: Q-00372
BNYM Reference: ENG - 763347, MDR_2023-1001, CDR19564
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DocuSign Envelope ID: 1FFE3C2C-CED9-468E-B5B8-EB0DE19798D7
Solactive AG – Order Schedule
By their signatures below, the Parties hereby agree to be bound by the terms and conditions of this Order Schedule. The Parties represent that this Order Schedule is executed by authorized representatives of each Party.
Signed for and on behalf of Solactive AG Signed for and on behalf of The Bank of New York Mellon
Corporation
______________________________ ____________________________________________
(Location, Date) (Location, Date)
/s/ Signed - Signature Redacted /s/ Signed - Signature Redacted
______________________________ ____________________________________________(Name, Title, Signature) (Name, Title, Signature)
Account: 1001509 Master Agreement: SLC0000688 Order Schedule: Q-00372
BNYM Reference: ENG - 763347, MDR_2023-1001, CDR19564
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