0001387131-18-005294 Sample Contracts

AMENDMENT TO THE ALLOCATED ACCOUNT AGREEMENT OF ETFS SILVER TRUST
Allocated Account Agreement • October 5th, 2018 • Aberdeen Standard Silver ETF Trust • Commodity contracts brokers & dealers

This Amendment to the Allocated Account Agreement (this “Amendment”) of the ETFS Silver Trust (the “Trust”), effective as of October 1, 2018, is made by and among Aberdeen Standard Investments ETFs Sponsor LLC (formerly, ETFS Securities USA LLC), a Delaware limited liability company, as sponsor of the Trust (the “Sponsor”), HSBC Bank plc (as successor to HSBC Bank USA, National Association, London Branch), as the custodian of the Trust (the “Custodian”), and The Bank of New York Mellon, a New York banking corporation, as the trustee of the Trust (the “Trustee”).

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AMENDMENT TO THE UNALLOCATED ACCOUNT AGREEMENT OF ETFS SILVER TRUST
Unallocated Account Agreement • October 5th, 2018 • Aberdeen Standard Silver ETF Trust • Commodity contracts brokers & dealers

This Amendment to the Unallocated Account Agreement (this “Amendment”) of the ETFS Silver Trust (the “Trust”), effective as of October 1, 2018, is made by and among Aberdeen Standard Investments ETFs Sponsor LLC (formerly, ETFS Securities USA LLC), a Delaware limited liability company, as sponsor of the Trust (the “Sponsor”), HSBC Bank plc (as successor to HSBC Bank USA, National Association, London Branch), as the custodian of the Trust (the “Custodian”), and The Bank of New York Mellon, a New York banking corporation, as the trustee of the Trust (the “Trustee”).

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