0000891092-17-006031 Sample Contracts

FORM OF INDEXIQ ACTIVE ETF TRUST SUBADVISORY AGREEMENT
Subadvisory Agreement • August 22nd, 2017 • IndexIQ Active ETF Trust • New York

This Subadvisory Agreement, made as of the [ ], 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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EXPENSE LIMITATION AGREEMENT INDEXIQ ACTIVE ETF TRUST
Expense Limitation Agreement • August 22nd, 2017 • IndexIQ Active ETF Trust

This Agreement is made and entered into effective as of August 22, 2017, by and between the funds listed on Schedule A (each, a “Fund” and, collectively, the “Funds”), each a series of shares of IndexIQ Active ETF Trust, a Delaware statutory trust (the “Trust”) and IndexIQ Advisors LLC, a Delaware limited liability company (the “Advisor”).

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