0000891092-17-000229 Sample Contracts

INDEXIQ ETF TRUST SUBADVISORY AGREEMENT
Subadvisory Agreement • January 11th, 2017 • IndexIQ ETF Trust • New York

This Subadvisory Agreement, made as of the ___ day of January, 2017 (the “Agreement”), between IndexIQ Advisors LLC a Delaware limited liability company (the “Advisor”) and MacKay Shields LLC, a Delaware limited liability company (the “Subadvisor”).

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SUBLICENSE AGREEMENT
Sublicense Agreement • January 11th, 2017 • IndexIQ ETF Trust • New York

WHEREAS, pursuant to that certain ETF License Number 1 to the ETF Master Agreement dated as of November 1, 2016 by and between Licensee and S&P Opco (a subsidiary of S&P Dow Jones Indices LLC), a Delaware limited liability company (“S&P”) (“License Agreement”), S&P has granted Licensee a license to use certain trademarks and indexes developed by S&P (the “S&P Marks”) in connection with the exchange trading, marketing and/or promotion of the specific products described in Appendix A, attached hereto and incorporated herein (“Products”), and

EXPENSE LIMITATION AGREEMENT INDEXIQ ETF TRUST
Expense Limitation Agreement • January 11th, 2017 • IndexIQ ETF Trust

This Agreement is made and entered into effective as of January 11, 2017, by and between IQ S&P High Yield Low Volatility Bond ETF (the “Fund”), a series of shares of IndexIQ ETF Trust, a Delaware statutory trust (the “Trust”) and IndexIQ Advisors LLC, a Delaware limited liability company (the “Advisor”).

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