Aberdeen Standard Palladium ETF Trust Sample Contracts

AUTHORIZED PARTICIPANT AGREEMENT
Authorized Participant Agreement • February 29th, 2024 • Abrdn Palladium ETF Trust • Commodity contracts brokers & dealers • New York

THIRD AMENDED AND RESTATED STANDARD TERMS FOR AUTHORIZED PARTICIPANT AGREEMENTS (the “Standard Terms”) agreed to as of [DATE] by and between The Bank of New York Mellon, a New York banking corporation (the “Trustee”), and abrdn ETFs Sponsor LLC, a Delaware limited liability company (the “Sponsor”).

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DEPOSITARY TRUST AGREEMENT ETF SECURITIES USA LLC as Sponsor and THE BANK OF NEW YORK MELLON, as Trustee
Depositary Trust Agreement • December 31st, 2009 • Etfs Palladium Trust • Gold and silver ores • New York

THIS DEPOSITARY TRUST AGREEMENT dated as of December 30, 2009, between ETF SECURITIES USA LLC, a Delaware limited liability company, as sponsor, and THE BANK OF NEW YORK MELLON, a New York banking corporation, as trustee.

AUTHORIZED PARTICIPANT AGREEMENT
Authorized Participant Agreement • March 28th, 2011 • Etfs Palladium Trust • Commodity contracts brokers & dealers • New York

FIRST AMENDED AND RESTATED STANDARD TERMS FOR AUTHORIZED PARTICIPANT AGREEMENTS (the “Standard Terms”) agreed to as of September 27, 2010 by and between The Bank of New York Mellon, a New York banking corporation (the “Trustee”), and ETF Securities USA LLC, a Delaware limited liability company (the “Sponsor”).

Novation of and Amendment No. 1 to Marketing Agent Agreement
Marketing Agent Agreement • February 28th, 2019 • Aberdeen Standard Palladium ETF Trust • Commodity contracts brokers & dealers

This Novation of and Amendment No. 1 to the Marketing Agent Agreement (this “Amendment”), by and between Aberdeen Standard Investments ETFs (US) LLC (formerly, ETF Securities (US) LLC and ETFS Marketing, LLC), a Delaware limited liability company (“Aberdeen ETFs US”), Aberdeen Standard Investments ETFs Sponsor LLC, a Delaware limited liability company (“Aberdeen ETFs Sponsor”), and ALPS Distributors, Inc., a Colorado corporation (“ALPS”), is effective as of October 1, 2018 (the “Effective Date”).

ALLOCATED ACCOUNT AGREEMENT
Agreement • December 31st, 2009 • Etfs Palladium Trust • Gold and silver ores
ALLOCATED ACCOUNT AGREEMENT
Allocated Account Agreement • April 27th, 2009 • Etfs Palladium Trust • Gold and silver ores
UNALLOCATED ACCOUNT AGREEMENT
Agreement • April 27th, 2009 • Etfs Palladium Trust • Gold and silver ores
ETFS PALLADIUM TRUST MARKETING AGENT AGREEMENT
Etfs Palladium Trust Marketing Agent Agreement • December 31st, 2009 • Etfs Palladium Trust • Gold and silver ores • Colorado

MARKETING AGENT AGREEMENT (the “Agreement”) made as of July 16, 2009, on behalf of ETFS Palladium Trust, a New York trust (the “Fund” or the “Trust”), by and among ETFS Marketing, LLC, a Delaware limited liability company, as agent of the Fund (“ETFS Marketing”) and ALPS Distributors, Inc., a Colorado corporation (the “Marketing Agent”). Capitalized terms used but not defined in this Agreement shall have the meaning ascribed thereto in the Trust’s Prospectus included its Registration Statement on Form S-1 (Registration No. 333-158380), as it may be amended from time-to-time.

THIRD AMENDMENT TO THE UNALLOCATED ACCOUNT AGREEMENT OF ABERDEEN STANDARD PALLADIUM ETF TRUST (FORMERLY, ETFS PALLADIUM TRUST)
Unallocated Account Agreement • March 14th, 2022 • Aberdeen Standard Palladium ETF Trust • Commodity contracts brokers & dealers

This Third Amendment to the Unallocated Account Agreement (this “Amendment”) of the Aberdeen Standard Palladium ETF Trust (the “Trust”), dated as of March 11, 2022, is made by and between JPMorgan Chase Bank, N.A., as the custodian of the Trust (the “Custodian”), and The Bank of New York Mellon, a New York banking corporation, as the trustee of the Trust (the “Trustee”).

THIRD AMENDMENT TO THE ALLOCATED ACCOUNT AGREEMENT OF ABERDEEN STANDARD PALLADIUM ETF TRUST (FORMERLY, ETFS PALLADIUM TRUST)
Allocated Account Agreement • March 14th, 2022 • Aberdeen Standard Palladium ETF Trust • Commodity contracts brokers & dealers

This Third Amendment to the Allocated Account Agreement (this “Amendment”) of the Aberdeen Standard Palladium ETF Trust (the “Trust”), dated as of March 11, 2022, is made by and between JPMorgan Chase Bank, N.A., as the custodian of the Trust (the “Custodian”), and The Bank of New York Mellon, a New York banking corporation, as the trustee of the Trust (the “Trustee”).

AMENDMENT TO THE ALLOCATED ACCOUNT AGREEMENT OF ETFS PALLADIUM TRUST
Allocated Account Agreement • October 5th, 2018 • Aberdeen Standard Palladium ETF Trust • Commodity contracts brokers & dealers

This Amendment to the Allocated Account Agreement (this “Amendment”) of the ETFS Palladium Trust (the “Trust”), dated as of October 1, 2018, is made by and between JPMorgan Chase Bank, N.A., as the custodian of the Trust (the “Custodian”), and The Bank of New York Mellon, a New York banking corporation, as the trustee of the Trust (the “Trustee”).

SECOND AMENDMENT TO THE DEPOSITARY TRUST AGREEMENT OF ABERDEEN STANDARD PALLADIUM ETF TRUST
Depositary Trust Agreement • March 14th, 2022 • Aberdeen Standard Palladium ETF Trust • Commodity contracts brokers & dealers • New York

This Second Amendment to the Depositary Trust Agreement of the Aberdeen Standard Palladium ETF Trust (formerly, ETFS Palladium Trust), a New York common law trust (the “Trust”), dated as of March 8, 2022 (this “Amendment”), is made by and between abrdn ETFs Sponsor LLC (formerly, Aberdeen Standard Investments ETFs Sponsor LLC and ETFs Securities USA LLC), a Delaware limited liability company, as sponsor of the Trust (the “Sponsor”), and The Bank of New York Mellon, a New York banking corporation, as the trustee of the Trust (the “Trustee”).

AMENDMENT TO THE DEPOSITARY TRUST AGREEMENT OF ETFS PALLADIUM TRUST
Depositary Trust Agreement • February 28th, 2020 • Aberdeen Standard Palladium ETF Trust • Commodity contracts brokers & dealers • New York

This Amendment to the Depositary Trust Agreement of the ETFS Palladium Trust (this “Amendment”), dated as of September 20, 2018, is made by and between Aberdeen Standard Investments ETFs Sponsor LLC (formerly, ETFS Securities USA LLC), a Delaware limited liability company, as sponsor of the ETFS Palladium Trust (the “Sponsor”), and The Bank of New York Mellon, a New York banking corporation, as the trustee of the ETFS Palladium Trust (the “Trustee”).

SECOND AMENDMENT TO THE ALLOCATED ACCOUNT AGREEMENT OF Aberdeen Standard Palladium ETF Trust (formerly, ETFS PALLADIUM TRUST)
Allocated Account Agreement • May 8th, 2020 • Aberdeen Standard Palladium ETF Trust • Commodity contracts brokers & dealers

This Second Amendment to the Allocated Account Agreement (this “Amendment”) of the Aberdeen Standard Palladium ETF Trust (formerly, ETFS Palladium Trust) (the “Trust”), dated as of May 7, 2020, is made by and between JPMorgan Chase Bank, N.A., as the custodian of the Trust (the “Custodian”), and The Bank of New York Mellon, a New York banking corporation, as the trustee of the Trust (the “Trustee”).

SECOND AMENDMENT TO THE UNALLOCATED ACCOUNT AGREEMENT OF Aberdeen Standard Palladium ETF Trust (formerly, ETFS PALLADIUM TRUST)
Unallocated Account Agreement • May 8th, 2020 • Aberdeen Standard Palladium ETF Trust • Commodity contracts brokers & dealers

This Second Amendment to the Unallocated Account Agreement (this “Amendment”) of the Aberdeen Standard Palladium ETF Trust (formerly, ETFS Palladium Trust) (the “Trust”), dated as of May 7, 2020, is made by and between JPMorgan Chase Bank, N.A., as the custodian of the Trust (the “Custodian”), and The Bank of New York Mellon, a New York banking corporation, as the trustee of the Trust (the “Trustee”).

AMENDMENT TO THE UNALLOCATED ACCOUNT AGREEMENT OF ETFS PALLADIUM TRUST
Unallocated Account Agreement • October 5th, 2018 • Aberdeen Standard Palladium ETF Trust • Commodity contracts brokers & dealers

This Amendment to the Unallocated Account Agreement (this “Amendment”) of the ETFS Palladium Trust (the “Trust”), dated as of October 1, 2018, is made by and between JPMorgan Chase Bank, N.A., as the custodian of the Trust (the “Custodian”), and The Bank of New York Mellon, a New York banking corporation, as the trustee of the Trust (the “Trustee”).

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