TRUST AGREEMENT OF GULF COAST ULTRA DEEP ROYALTY TRUSTTrust Agreement • December 28th, 2012 • Gulf Coast Ultra Deep Royalty Trust • Delaware
TRUST AGREEMENT, dated as of December 18, 2012, among Freeport-McMoRan Copper & Gold Inc., as “Depositor,” Wilmington Trust, National Association, not in its individual capacity but solely as the “Delaware Trustee,” and Kathleen L. Quirk and Douglas N. Currault II, as the “Regular Trustees.” The Delaware Trustee and the Regular Trustees, together with each other person or entity from time to time serving as a trustee hereunder, are collectively referred to herein as the “Trustees” and each, individually, as a “Trustee.” The Depositor and the Trustees hereby agree as follows:
