0001193125-12-433981 Sample Contracts

COLLATERAL SUB-ADVISORY AGREEMENT
Collateral Sub-Advisory Agreement • October 25th, 2012 • Nuveen Long/Short Commodity Total Return Fund • Commodity contracts brokers & dealers • Illinois

AGREEMENT made as of this [ ]th day of October, 2012 (this “Agreement”), by and between Nuveen Long/Short Commodity Total Return Fund, a Delaware statutory trust (the “Fund”), Nuveen Commodities Asset Management, LLC, a Delaware limited liability company (“Manager”), and Nuveen Asset Management, LLC, a Delaware limited liability company (“Collateral Subadvisor”).

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COMMODITY SUB-ADVISORY AGREEMENT
Commodity Sub-Advisory Agreement • October 25th, 2012 • Nuveen Long/Short Commodity Total Return Fund • Commodity contracts brokers & dealers • New York

AGREEMENT made as of this [ ]th day of October, 2012 (this “Agreement”), by and between Nuveen Long/Short Commodity Total Return Fund, a Delaware statutory trust (the “Fund”), Nuveen Commodities Asset Management, LLC, a Delaware limited liability company (“Manager”), and Gresham Investment Management LLC, a Delaware limited liability company (“Commodity Subadvisor”).

Nuveen Long/Short Commodity Total Return Fund (a Delaware statutory trust) [—] Shares UNDERWRITING AGREEMENT
Underwriting Agreement • October 25th, 2012 • Nuveen Long/Short Commodity Total Return Fund • Commodity contracts brokers & dealers • New York

Nuveen Long/Short Commodity Total Return Fund, a Delaware statutory trust (the “Fund”), its manager, Nuveen Commodities Asset Management, LLC, a Delaware limited liability company (the “Manager”), its commodity subadvisor, Gresham Investment Management, LLC, a Delaware limited liability company (the “Commodity Subadvisor”), and its collateral subadvisor, Nuveen Asset Management, LLC, a Delaware corporation (the “Collateral Subadvisor”), confirm their agreement with Merrill Lynch, Pierce, Fenner & Smith Incorporated (“Merrill Lynch”), [OTHER CO-LEADS] and each of the other Underwriters named in Schedule A hereto (collectively, the “Underwriters,” which term shall also include any underwriter substituted as hereinafter provided in Section 10 hereof), for whom Merrill Lynch, [—], [—] and Nuveen are acting as representatives (in such capacity, the “Representatives”), with respect to the issue and sale by the Fund and the purchase by the Underwriters, acting severally and not jointly, of th

NUVEEN LONG/SHORT COMMODITY TOTAL RETURN FUND Subscription Agreement
Subscription Agreement • October 25th, 2012 • Nuveen Long/Short Commodity Total Return Fund • Commodity contracts brokers & dealers

This Agreement made this August 31, 2011, by and between Nuveen Long/Short Commodity Total Return Fund, a Delaware statutory trust (the “Fund”), and Nuveen Commoditites Asset Management, LLC (the “Subscriber”), a Delaware limited liability company.

INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • October 25th, 2012 • Nuveen Long/Short Commodity Total Return Fund • Commodity contracts brokers & dealers • Delaware

AGREEMENT made as of this [ ]th day of October, 2012, by and between Nuveen Long/Short Commodity Total Return Fund, a Delaware statutory trust (the “Fund”), and Nuveen Commodities Asset Management, LLC, a Delaware limited liability company (the “Manager”).

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