Sponsor Representative Services Agreement Sample Contracts

Certain identified information has been excluded from the exhibit because it is both not material and would likely cause competitive harm to the Trust if publicly disclosed.] SPONSOR REPRESENTATIVE SERVICES AGREEMENT
Sponsor Representative Services Agreement • December 18th, 2020 • Wilshire wShares Enhanced Gold Trust • Commodity contracts brokers & dealers • New York

This SPONSOR REPRESENTATIVE SERVICES AGREEMENT (the “Agreement”) is made as of this 16th day of December 2020, by and among Exchange Traded Concepts, LLC, an Oklahoma limited liability company (the “Representative”), Wilshire wShares Enhanced Gold Trust, a Delaware trust (the “Trust”), and sponsored by Wilshire Phoenix Funds LLC, a Delaware limited liability company (the “Sponsor”). The activities of the Trust are described in the Registration Statement on Form S-1 (File No. 333-235913) (the “Registration Statement”) relating to the public offer and sale of interests in the Trust. Any defined terms used in the Agreement and not defined herein shall have the meanings ascribed to those terms in the Registration Statement.

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