STANDARD & POOR’S DEPOSITARY RECEIPTS TRUST PARTICIPANT AGREEMENTParticipant Agreement • January 25th, 2008 • SPDR Trust Series 1 • New York
This Participant Agreement (the “Agreement”) is entered into by and between ALPS Distributors, Inc. (the “Distributor”), State Street Bank and Trust Company, as transfer agent (the “Transfer Agent”)and [Participant’s name and NSCC#] (the “Participant”) and is subject to acceptance by State Street Bank and Trust Company (the “Trustee”). The Trustee serves as the trustee of the Standard & Poor’s Depositary Receipts (“SPDRs”) Trust (the “Trust”) pursuant to certain Standard Terms and Conditions of Trust dated as of January 1, 1993 and effective as of January 22, 1993 and the Trust Indenture dated January 22, 1993 (the “Trust Agreement”); and is an Index Receipt Agent as that term is defined in the rules of the National Securities Clearing Corporation (“NSCC”). The Distributor has been retained to provide certain services with respect to acting as principal underwriter of the Trust in connection with the creation and distribution of shares the Funds (the “Shares”). The Transfer Agent has b
