0001193125-19-321224 Sample Contracts

FORM OF SUBADVISORY AGREEMENT
Subadvisory Agreement • December 23rd, 2019 • ActiveShares ETF Trust • New York

This SUBADVISORY AGREEMENT (“Agreement”) is made this day of , 2019, by and between Precidian Funds LLC, a Delaware limited liability company (the “Manager”), and Western Asset Management Company, LLC, a California limited liability company (the “Subadviser”).

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FORM OF MANAGEMENT AGREEMENT Precidian Funds LLC
Management Agreement • December 23rd, 2019 • ActiveShares ETF Trust • New York

This MANAGEMENT AGREEMENT (“Agreement”) is made this day of , 2019, by and between (the “Trust”) and Precidian Funds LLC, a Delaware limited liability company (the “Manager”).

FORM OF DISTRIBUTION AGREEMENT
Distribution Agreement • December 23rd, 2019 • ActiveShares ETF Trust • Maryland

THIS DISTRIBUTION AGREEMENT (this “Agreement”) is made as of this day of , 2019, by and between ActiveShares ETF Trust (the “Company”), a Maryland statutory trust, on behalf of its series listed on Schedule A hereto (each a “Fund” and collectively, the “Funds”), and Legg Mason Investor Services, LLC (the “Distributor”), a Delaware limited liability company.

FORM OF SUBADVISORY AGREEMENT
Subadvisory Agreement • December 23rd, 2019 • ActiveShares ETF Trust • New York

This SUBADVISORY AGREEMENT (“Agreement”) is made this day of , 2019, by and between Precidian Funds LLC, a Delaware limited liability company (the “Manager”), and ClearBridge Investments, LLC, a Delaware limited liability company (the “Subadviser”).

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