0001193125-15-119516 Sample Contracts

FORM OF UNITED STATES SHORT OIL FUND, LP AUTHORIZED PURCHASER AGREEMENT
Authorized Purchaser Agreement • April 6th, 2015 • United States Short Oil Fund, LP • Commodity contracts brokers & dealers • New York

This United States Short Oil Fund, LP Authorized Purchaser Agreement (the “Agreement”), dated as of [ ], is entered into by and among United States Short Oil Fund, LP (the “Fund”), United States Commodity Funds LLC, a Delaware limited liability company and the general partner of United States Short Oil Fund, LP (the “General Partner”), on behalf of itself and as General Partner of United States Short Oil Fund, LP, and [ ], a [ ] (the “Authorized Purchaser”).

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