SUBLICENSE AGREEMENTSublicense Agreement • May 7th, 2008 • CurrencyShares South African Rand Trust • Maryland
This Sublicense Agreement (this “Agreement”) is entered into as of June 9, 2006 (the “Effective Date”), by and between PADCO Advisors II, Inc., a Maryland corporation (“Licensor”), and Rydex Specialized Products LLC, a Delaware limited liability company wholly-owned by Licensor (“Licensee”).
LIMITED LIABILITY COMPANY AGREEMENT OF RYDEX SPECIALIZED PRODUCTS LLCLimited Liability Company Agreement • May 7th, 2008 • CurrencyShares South African Rand Trust • Delaware
This Limited Liability Company Agreement (the “Agreement”) of Rydex Specialized Products LLC (the “Company”) is entered into as of September 14, 2005 by PADCO Advisors II, Inc., a Maryland corporation (“PADCO II”).
FORM OF PARTICIPANT AGREEMENTParticipant Agreement • May 7th, 2008 • CurrencyShares South African Rand Trust • New York
This Participant Agreement (this “Agreement”), dated as of , 200 , is entered into by and between (with respect to this Agreement, the “Authorized Participant”, and with respect to the Trust Agreement referred to below, an “Authorized Participant”), The Bank of New York, a New York banking corporation, not in its individual capacity but solely as trustee (the “Trustee”) of the CurrencyShares South African Rand Trust (the “Trust”), and Rydex Specialized Products LLC, d/b/a Rydex Investments, as sponsor (the “Sponsor”) of the Trust.
RYDEX SPECIALIZED PRODUCTS LLC, d/b/a “RYDEX INVESTMENTS”, as Sponsor, THE BANK OF NEW YORK, as Trustee, ALL REGISTERED OWNERS AND BENEFICIAL OWNERS OF SOUTH AFRICAN RAND SHARES ISSUED HEREUNDER and ALL DEPOSITORS Form of Depositary Trust AgreementDepositary Trust Agreement • May 7th, 2008 • CurrencyShares South African Rand Trust • New York
THIS DEPOSITARY TRUST AGREEMENT dated as of [ ], 200 , between Rydex Specialized Products LLC, a Delaware limited liability company d/b/a “RYDEX INVESTMENTS”, as sponsor, THE BANK OF NEW YORK, a New York banking corporation, as trustee, all Registered Owners and Beneficial Owners from time to time of South African Rand Shares issued hereunder and all Depositors.
