0001193125-21-276012 Sample Contracts

AMENDMENT TO CUSTODY AGREEMENT
Custody Agreement • September 17th, 2021 • Direxion Shares ETF Trust • New York

This Amendment (“Amendment”) dated September 10, 2021 (“Effective Date”) is by and between Direxion Shares ETF Trust (the “Trust”) and The Bank of New York Mellon (“BNY Mellon”).

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APPENDIX A Operating Expense Limitation Agreement Direxion Shares ETF Trust
Direxion Shares ETF Trust • September 17th, 2021

Rafferty Asset Management, LLC has contractually agreed to cap all or a portion of its management fee and/or reimburse each Fund for Other Expenses through September 1, 2023, to the extent that a Fund’s Total Annual Fund Operating Expenses exceeds a Fund’s daily net assets as listed below.

AMENDMENT TO TRANSFER AGENCY AND SERVICE AGREEMENT
Transfer Agency and Service Agreement • September 17th, 2021 • Direxion Shares ETF Trust • New York

This Amendment (“Amendment”) dated September 10, 2021 (“Effective Date”) is by and between Direxion Shares ETF Trust (the “Trust”) and The Bank of New York Mellon (“BNY Mellon”).

AMENDMENT TO FUND ACCOUNTING AGREEMENT
Fund Accounting Agreement • September 17th, 2021 • Direxion Shares ETF Trust • New York

This Amendment (“Amendment”) dated September 10, 2021 (“Effective Date”) is by and between Direxion Shares ETF Trust (the “Trust”) and The Bank of New York Mellon (“BNY Mellon”).

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