0001193125-08-154442 Sample Contracts

FORM OF DEPOSIT ACCOUNT AGREEMENT GLOBAL ACCOUNT TERMS
Deposit Account Agreement • July 21st, 2008 • CurrencyShares Russian Ruble Trust • Commodity contracts brokers & dealers • England

The Bank of New York, in its capacity as trustee of the CurrencyShares Russian Ruble Trust, a trust formed under New York law (the “Customer” or “Trust”) and the London Branch of JPMorgan Chase Bank, N.A. (the “Bank”) undertake to comply with and be bound by the following Global Account Terms of this Deposit Account Agreement (the “Agreement”).

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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 RUSSIAN RUBLE SHARES ISSUED HEREUNDER and ALL DEPOSITORS Form of Depositary Trust Agreement
Depositary Trust Agreement • July 21st, 2008 • CurrencyShares Russian Ruble Trust • Commodity contracts brokers & dealers • 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 Russian Ruble Shares issued hereunder and all Depositors.

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