0001493152-22-020512 Sample Contracts

AMENDMENT TO THE INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • July 28th, 2022 • GraniteShares ETF Trust

Party A and Party B have previously entered into that an Investment Advisory Agreement (“The Agreement”) dated May 20, 2022. The parties have now agreed to amend the Agreement by this Amendment (this “Amendment”) with effect from the date first written above.

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EXPENSE LIMITATION AGREEMENT GRANITESHARES ETF TRUST
Expense Limitation Agreement • July 28th, 2022 • GraniteShares ETF Trust

This Agreement is made and entered into effective as of May 20, 2022, by and between the Funds detailed in Appendix 1, each a series of shares of GraniteShares ETF Trust, a Delaware statutory trust (the “Trust”), and GraniteShares Advisors LLC, a Delaware limited liability company (the “Advisor”).

AMENDMENT 2
Distribution Agreement • July 28th, 2022 • GraniteShares ETF Trust

This amendment (the “Amendment”) between the parties signing below (the “Parties”) amends the Existing Agreement as of July 25, 2022 (the “Effective Date”):

AMENDMENT TO THE INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • July 28th, 2022 • GraniteShares ETF Trust

Party A and Party B have previously entered into that an Expense Limitation Agreement (“The Agreement”) dated May 20, 2022. The parties have now agreed to amend the Agreement by this Amendment (this “Amendment”) with effect from the date first written above.

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • July 28th, 2022 • GraniteShares ETF Trust • Delaware

This Agreement is made and entered into as of May 20, 2022, by and between GraniteShares ETF Trust, a Delaware trust (the “Trust”), on behalf of each fund set forth on Appendix A, each a series of shares of the Trust (each a “Fund” and collectively the “Funds”), and GraniteShares Advisors LLC, a Delaware limited liability company (the “Adviser”).

AMENDMENT TO THE ISDA MASTER AGREEMENT
Isda Master Agreement • July 28th, 2022 • GraniteShares ETF Trust • New York

Party A and Party B have previously entered into that certain ISDA Master Agreement dated May 5, 2022, including, for the avoidance of doubt, the Schedule thereto (the “Schedule”), the Credit Support Annex to the Schedule (“Annex”) and any and all applicable schedules, annexes and Confirmations (in each case, as amended, supplemented, amended and restated or otherwise modified from time to time, collectively, the “Agreement”). The parties have now agreed to amend the Agreement by this Amendment (this “Amendment”) with effect from the date first written above.

ISDA International Swaps and Derivatives Association, Inc. dated as of dated May 5, 2022 Cowen Financial Products LLC and GraniteShares ETF Trust, on behalf of each of its series listed on Appendix I hereto (severally and not jointly)
2002 Master Agreement • July 28th, 2022 • GraniteShares ETF Trust • New York

have entered and/or anticipate entering into one or more transactions (each a “Transaction”) that are or will be governed by this 2002 Master Agreement, which includes the schedule (the “Schedule”), and the documents and other confirming evidence (each a “Confirmation”) exchanged between the parties or otherwise effective for the purpose of confirming or evidencing those Transactions. This 2002 Master Agreement and the Schedule are together referred to as this “Master Agreement”.

AMENDMENT 2
Services Agreement • July 28th, 2022 • GraniteShares ETF Trust

This amendment (the “Amendment”) between the parties signing below (the “Parties”) amends the Existing Agreement as of July 26, 2022 (the “Effective Date”):

AMENDMENT TO CUSTODIAN AND Transfer agenT AGREEMENT
Custodian and Transfer Agent Agreement • July 28th, 2022 • GraniteShares ETF Trust

THIS AMENDMENT TO CUSTODIAN AND TRANSFER AGENT AGREEMENT (this “Amendment”) is made as of July 26, 2022 by and between BROWN BROTHERS HARRIMAN & CO., a New York limited partnership (“BBH&Co.”) and GRANITESHARES ETF trust (the “Fund”), a Delaware statutory trust. All capitalized terms used but not defined herein shall have the meanings set forth in the Agreement.

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