Trustees and Officers as Shareholders. Any Trustee, officer or other agent of the Trust may acquire, own and dispose of Shares to the same extent as if such person were not a Trustee, officer or agent; and the Trustees may issue and sell or cause to be issued and sold Shares to and buy such Shares from any such person or any firm or company in which such person invested, subject to the general limitations herein contained as to the sale and purchase of such Shares.
Trustees and Officers as Shareholders. 14 9. Compensation....................................................15
Trustees and Officers as Shareholders. SECTION 7. Any Trustee, officer or other agent of the Trust may acquire, own and dispose of Shares of the Trust to the same extent as if he or she were not a Trustee, officer or agent; and the Trustees may issue and sell or cause to be issued and sold Shares to and buy such Shares from any such person of any firm or company in which he is interested, subject only to the general limitations herein contained as to the sale and purchase of such Shares; and all subject to any restrictions which may be contained in the By-Laws.
Trustees and Officers as Shareholders. Subject, in all cases, to applicable, law, any Trustee, officer, or agent of the Trust may acquire, own, and dispose of Shares to the same extent as if he or she were not a Trustee, officer, or agent; and the Trustees may issue and sell or cause to be issued and sold Shares to and buy such Shares from any such Person or any firm or company in which he or she is interested, subject only to the general limitations herein contained as to the sale and purchase of such Shares; and all subject to any restrictions which may be contained in the By-Laws.
Trustees and Officers as Shareholders. 13 Section 10. Compensation............................................13 ARTICLE V
Trustees and Officers as Shareholders. Except as hereinafter provided, no officer, Trustee or Member of the Advisory Board of the Trust, and no member, officer, director or trustee of the Investment Adviser or of the distributor, and no Investment Adviser or Distributor of the Trust, shall take long or short positions in the securities issued by the Trust.
Trustees and Officers as Shareholders. 11 SECTION 4.4. ACTION BY THE TRUSTEES....................................................................11 SECTION 4.5. CHAIRMAN OF THE BOARD OF TRUSTEES.........................................................11 SECTION 4.6. PRINCIPAL TRANSACTIONS....................................................................11
Trustees and Officers as Shareholders. 13 ARTICLE V........................................................................................................13 1. Voting Powers, Meetings, Notice, and Record Dates...................................................13 2.
Trustees and Officers as Shareholders. 14 Section 4.4. Chair or Co-Chairs of the Trustees. 14 Section 4.5. Principal Transactions. 14 ARTICLE V. EXPENSES OF THE TRUST 14 Section 5.1. Payment of Expenses by the Trust. 14 ARTICLE VI. CONTRACTS WITH SERVICE PROVIDERS 15 Section 6.1. Investment Advisor. 15 Section 6.2. Principal Underwriter. 15 Section 6.3. Transfer Agent. 16 Section 6.4. Administration Agreement. 16 Section 6.5. Service Agreement. 16 Section 6.6. Parties to Contract. 16 Section 6.7. Provisions and Amendments. 17 ARTICLE VII. SHAREHOLDERS’ VOTING POWERS AND MEETINGS 17 Section 7.1. Voting Powers. 17 Section 7.2. Quorum and Required Vote. 18 ARTICLE VIII. CUSTODIAN 18 Section 8.1. Appointment and Duties. 18 Section 8.2. Central Certificate System. 19 ARTICLE IX. DISTRIBUTIONS AND REDEMPTIONS 19 Section 9.1. Distributions. 19 Section 9.2. Redemptions. 20 Section 9.3. Determination of Net Asset Value and Valuation of Portfolio Assets. 21 Section 9.4. Suspension of the Right of Redemption. 22 ARTICLE X. LIMITATION OF LIABILITY AND INDEMNIFICATION 22 Section 10.1. Limitation of Liability. 22 Section 10.2. Indemnification. 23 Section 10.3. Shareholders. 25 Section 10.4. No Bond Required of Trustees. 25 Section 10.5. No Duty of Investigation; Notice in Trust Instruments, Etc. 25 Section 10.6. Trustee’s Good Faith Action, Reliance on Experts, Etc. 26 ARTICLE XI. MISCELLANEOUS 26 Section 11.1. Trust Not a Partnership. 26 Section 11.2. Trustee Action. 27 Section 11.3. Establishment of Record Dates. 27 Section 11.4. Termination of Trust. 27 Section 11.5. Reorganization. 28 Section 11.6. Filing of Copies; References; Headings. 29 Section 11.7. Applicable Law. 29 Section 11.8. Amendments. 30 Section 11.9. Derivative Actions. 30 Section 11.10. Fiscal Year. 31 Section 11.11. Provisions in Conflict With Law. 31 Section 11.12. Exclusive Delaware Jurisdiction. 31 BLACKROCK ETF TRUST Dated November 19, 2018 This AGREEMENT AND DECLARATION OF TRUST is made November 19, 2018 by the trustees party hereto (together with all other persons from time to time duly elected, qualified and serving as Trustees in accordance with Article III hereof, the “Trustees”).
Trustees and Officers as Shareholders. 18 ARTICLE V
