0001193125-07-252726 Sample Contracts

JOINT INSUREDS AGREEMENT
Joint Insureds Agreement • November 23rd, 2007 • Claymore Exchange-Traded Fund Trust

THIS AGREEMENT is made effective as of the 7 day of November, 2007, by and between CLAYMORE TRUST, a Delaware statutory trust, on behalf of each of its series now or hereafter existing, CLAYMORE EXCHANGE-TRADED FUND TRUST, a Delaware statutory trust, on behalf of each of its series now or hereafter existing (the “ETF Trust”) and CLAYMORE EXCHANGE-TRADED FUND TRUST 2 (the “ETF2 Trust”), on behalf of each of its series now or hereafter existing (the respective series of Claymore Trust, ETF Trust and ETF2 Trust are collectively referred to herein as the “Funds” or singularly as a “Fund” and Claymore Trust, the ETF Trust, the ETF2 Trust are collectively referred to herein as the “Trusts” or singularly as a “Trust”).

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