Common use of Paragraph A Clause in Contracts

Paragraph A. of Section II of the Agreement, titled “Term and Termination of Agreement,” is hereby deleted in its entirety and replaced with the following: “This Agreement shall have an initial term commencing on January 1, 2011 and ending June 30, 2012. This Agreement shall automatically renew for successive one-year terms (each a one-year term) ending June 30th of each year, unless the Adviser provides 30 day written notice of the termination of this Agreement prior to the beginning of the next applicable one-year term.”

Paragraph A. of Section II of the Agreement, titled “Term and Termination of Agreement,” is hereby deleted in its entirety and replaced with the following: “This Agreement shall have an The initial term commencing of this agreement shall commence on January 1, 2011 2014 and ending June end on April 30, 20122015. This Agreement shall automatically renew for successive one-year terms (each a one-year term) ending June on April 30th of each year, unless the Adviser provides 30 day written notice of the termination of this Agreement to the Trust at least 10 days prior to the beginning end of the next applicable onethen-year current term.”

Paragraph A. of Section II of the Agreement, titled “Term and Termination of Agreement,” is hereby deleted in its entirety and replaced with the following: “This Agreement shall have an initial term commencing on January February 1, 2011 and ending June April 30, 2012. This Agreement shall automatically renew for successive one-year terms (each a one-year term) ending June April 30th of each year, unless the Adviser provides 30 day written notice of the termination of this Agreement prior to the beginning of the next applicable one-year term.”

Paragraph A. of Section II of the Agreement, titled “Term and Termination of Agreement,” is hereby deleted in its entirety and replaced with the following: “This The initial term of this Agreement shall have an initial term commencing commence on January 1, 2011 2014 and ending June end on April 30, 20122015. This Agreement shall automatically renew for successive one-year terms (each a one-year term) ending June on April 30th of each year, unless the Adviser provides 30 day written notice of the termination of this Agreement to the Trust prior to the beginning termination of the next applicable one-year term.”

Paragraph A. of Section II of the Agreement, titled “Term and Termination of Agreement,” is hereby deleted in its entirety and replaced with the following: “This The initial term of this Agreement shall have an initial term commencing commence on January 1, 2011 2014 and ending June end on April 30, 20122015. This Agreement shall automatically renew for successive one-year terms (each a one-year term) ending June on April 30th of each year, unless the Adviser provides 30 day written notice of the termination of this Agreement to the Trust prior to the beginning termination of the next applicable one-year term.”