0001437749-16-043693 Sample Contracts

Second Amended and Restated Depositary Trust Agreement iShares® Silver Trust
Depositary Trust Agreement • December 22nd, 2016 • iShares Silver Trust • Commodity contracts brokers & dealers • New York

THIS SECOND AMENDED AND RESTATED DEPOSITARY TRUST AGREEMENT dated as of December 22, 2016, between iSHARES® DELAWARE TRUST SPONSOR LLC, a Delaware limited liability company, as sponsor, THE BANK OF NEW YORK MELLON, a New York banking corporation formerly known as The Bank of New York, as trustee, all Registered Owners and Beneficial Owners from time to time of iShares Silver Trust Shares issued hereunder and all Depositors

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FIRST AMENDED AND RESTATED CUSTODIAN AGREEMENT
Custodian Agreement • December 22nd, 2016 • iShares Silver Trust • Commodity contracts brokers & dealers

We have agreed, pursuant to the Custodian Agreement between you and us dated April 21, 2006, as amended by a First Amendment, dated September 13, 2006, a Second Amendment, dated February 8, 2010, a Third Amendment, dated November 5, 2010, and a Fourth Amendment, dated February 10, 2012, (the “Original Custodian Agreement”), to open and maintain for you the Account (as defined below) and to provide other services to you in connection with the Account. This Agreement sets out the terms under which we will provide those services to you and the arrangements which will apply in connection with those services.

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