0001387131-23-003434 Sample Contracts

PENSERRA CAPITAL MANAGEMENT LLC SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • March 15th, 2023 • Volatility Shares Trust • New York

Sub-Advisory Agreement (this “Agreement”) entered into as of __________________________, by and between Volatility Shares LLC a Delaware limited liability company with its principal place of business at 2000 PGA Blvd. Suite 4440 Palm Beach Gardens, FL 33408 (the “Adviser”), and Penserra Capital Management LLC, a registered investment advisor organized under the laws of the State of New York (the “Sub-Adviser”).

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Investment Management Agreement
Investment Management Agreement • March 15th, 2023 • Volatility Shares Trust

Investment Management Agreement made this _____ day of February, 2023, by and between -1x Short VIX Mid-Term Futures ETF Cayman Ltd., a Cayman Islands exempted company (the “Company”), and Volatility Shares LLC, a Delaware limited liability company (the “Adviser”).

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