UNITED STATES SHORT OIL FUND, LP FORM OF INDEMNIFICATION AGREEMENTForm of Indemnification Agreement • May 19th, 2009 • United States Short Oil Fund, LP • Commodity contracts brokers & dealers • Delaware
This Indemnification Agreement (this “Agreement”), dated as of __________, 2009, is entered into by and among United States Short Oil Fund, LP (the “Partnership”), United States Commodity Funds LLC, a Delaware limited liability company (the “General Partner”), on behalf of itself and as General Partner of United States Short Oil Fund, LP, and _______________ (the “Limited Partner”), and a limited partner of the Partnership pursuant to the First Amended and Restated Agreement of Limited Partnership dated as of the date hereof, as amended or supplemented from time to time (the “Limited Partnership Agreement”). Capitalized terms that are used but not defined herein shall have the meaning given to such defined terms in the Limited Partnership Agreement.
