0001047469-10-008403 Sample Contracts

SPROTT PHYSICAL SILVER TRUST AMENDED AND RESTATED TRUST AGREEMENT
Trust Agreement • October 1st, 2010 • Sprott Physical Silver Trust • Gold and silver ores • Ontario

WHEREAS Sprott Physical Silver Trust (the “Trust”) is a closed-end mutual fund trust established under the laws of the Province of Ontario pursuant to a trust agreement dated as of June 30, 2010 (the “Original Trust Agreement”), the units of which will be listed for trading on the Toronto Stock Exchange and the New York Stock Exchange Arca;

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