SUPERVISION AGREEMENTSupervision Agreement • March 2nd, 2015 • ETF Series Trust • New York
Contract Type FiledMarch 2nd, 2015 Company JurisdictionThis SUPERVISION AGREEMENT (“Agreement”), made this 12th day of December 2013, between ETF Series Trust (“Trust”), a Delaware statutory trust, and Recon Capital Advisors, LLC, a Delaware limited liability company (“Manager”).