Grayscale Chainlink Trust ETF Sample Contracts

MASTER SERVICES AGREEMENT
Master Services Agreement • March 12th, 2026 • Grayscale Chainlink Trust ETF • Commodity contracts brokers & dealers • Delaware

THIS MASTER SERVICES AGREEMENT (“Agreement”) is made as of the latest date set forth on the signature page hereto (the “Effective Date”) by and between Coin Metrics Inc., a Delaware corporation (“CM”) and Grayscale Investments, LLC. Customer and CM are individually hereinafter referred to as a “Party” and collectively as the “Parties”. This Agreement incorporates by reference the Order Forms issued hereunder.

MASTER CUSTODY SERVICE AGREEMENT
Master Custody Service Agreement • October 5th, 2026 • Grayscale Chainlink Trust ETF • Commodity contracts brokers & dealers • New York

This MASTER CUSTODY SERVICE AGREEMENT (“Agreement”) is made and entered into as of the Effective Date provided herein, by and between Anchorage Digital Bank N.A. (“Anchorage”), and each Client as provided herein (each a “Client”) (collectively, Anchorage and Client, each a “Party” and collectively, the “Parties”). Each Client, acting through Grayscale Investment Sponsors, LLC, the Sponsor of each investment vehicle (the “Sponsorˮ), severally and not jointly enters into this Agreement with Anchorage. This Agreement shall constitute separate agreements, each between a single Client and Anchorage, as if such Client had executed a separate Agreement naming only itself as the Client, and no Client shall have any liability for the obligations of any other Client. Any reference to "Agreement" shall be construed to refer to the respective Agreement between a Client and Anchorage.

LIQUIDITY PROVIDER AGREEMENT
Liquidity Provider Agreement • May 8th, 2026 • Grayscale Chainlink Trust ETF • Commodity contracts brokers & dealers • New York

LIQUIDITY PROVIDER AGREEMENT (this “Agreement”) dated as of [ ], among: (i) [ ] (the “Liquidity Provider”); (ii) Grayscale Investments Sponsors, LLC, except as otherwise specified herein, acting in its capacity as sponsor (the “Sponsor”) of each trust listed on Schedule I attached hereto, as the same may be amended from time to time by the Sponsor (each, the applicable “Trust” or “Product” when referred to throughout the remainder of this Agreement) created under Delaware law pursuant to its applicable declaration of trust and trust agreement listed on Schedule I attached hereto between the Delaware Trust Company acting in its capacity as Trustee (the “Trustee”) and the Sponsor (each, the applicable “Trust Agreement” when referred to throughout the remainder of this Agreement), or is a Cayman Islands limited liability company created pursuant to a limited liability company agreement between the Sponsor and the shareholders of such Product (the “LLC Agreement”) and in its capacity as th

TO THE MASTER CUSTODY SERVICE AGREEMENT
Sixth Amendment to the Master Custody Service Agreement • October 5th, 2026 • Grayscale Chainlink Trust ETF • Commodity contracts brokers & dealers

This Sixth Amendment (this “Amendment”) is entered into as of September 29, 2026 (the “Amendment Effective Date”) by and between Anchorage Digital Bank N.A. (“Anchorage” or the “Custodian”), and each Grayscale entity identified on the signature pages hereto, including Grayscale Investments Sponsors, LLC (“Client” and collectively, “Grayscale”). Anchorage and Grayscale are each a “Party” and together the “Parties.”

Certain identified information has been excluded from this exhibit pursuant to item 601(b)(10) of Regulation S-K under the Securities Act of 1933, as amended, because it is both not material and is the type that the registrant treats as private or...
Assignment and Assumption Agreement • September 8th, 2025 • Grayscale Chainlink Trust (LINK) • Delaware

This Assignment and Assumption Agreement (this “Agreement”) is dated as of January 1, 2025, and is made and entered into by and between Grayscale Operating, LLC, a Delaware limited liability company (“GSO”), and Grayscale Investments Sponsors, LLC, a Delaware limited liability company (“GSIS”, and together with GSO, the “Parties”).

AMENDMENT No. 6 TO MASTER LICENSE AGREEMENT
Master License Agreement • September 8th, 2025 • Grayscale Chainlink Trust (LINK)

This Amendment No. 6 (this “Amendment No. 6”) is effective as of March 1, 2025 (the “Amendment No. 6 Effective Date”) by and between CoinDesk Indices, Inc., a Delaware corporation, having its principal place of business at 169 Madison Ave, Suite 2635, New York, NY 10016 (“CDI”), and Grayscale Investments Sponsors, LLC, a Delaware limited liability company, with an office located at 290 Harbor Drive, Stamford, CT 06902 (“Licensee”). Unless otherwise defined herein, capitalized terms used herein have the meanings specified in or pursuant to the Agreement (defined below).

AMENDMENT NO. 1 TO THE SECOND AMENDED AND RESTATED DECLARATION OF TRUST AND TRUST AGREEMENT
Amendment to Trust Agreement • December 2nd, 2025 • Grayscale Chainlink Trust ETF • Commodity contracts brokers & dealers • Delaware

This AMENDMENT NO. 1 (THE “AMENDMENT”) TO THE SECOND AMENDED AND RESTATED DECLARATION OF TRUST AND TRUST AGREEMENT OF GRAYSCALE CHAINLINK TRUST (LINK) is made and entered into as of the 26th day of November, 2025, by and among GRAYSCALE INVESTMENTS SPONSORS, LLC, a Delaware limited liability company, CSC DELAWARE TRUST COMPANY, a Delaware corporation, as trustee, and the SHAREHOLDERS from time to time hereunder.

Certain identified information has been excluded from this exhibit pursuant to item 601(b)(10) of Regulation S-K under the Securities Act of 1933, as amended, because it is both not material and is the type that the registrant treats as private or...
Assignment Agreement • September 8th, 2025 • Grayscale Chainlink Trust (LINK) • New York

This ASSIGNMENT AGREEMENT (this “Assignment Agreement”) is entered into by and among Grayscale Investments, LLC (“GSI”), on behalf of itself and each client listed on Schedule II to this Assignment Agreement, Grayscale Operating, LLC (“GSO”), Grayscale Investments Sponsors, LLC (“Assignee”) and Coinbase, Inc. (“Coinbase”), on behalf of itself and as agent for Coinbase Custody Trust Company, LLC (“Coinbase Custody” or “Trust Company”), and, as applicable, Coinbase Credit, Inc. (“Coinbase Credit,” and together with Coinbase and Coinbase Custody, the “Coinbase Entities”) and shall be effective as of 9:05 A.M., Eastern Time, on January 1, 2025 (“Effective Time”). Capitalized terms used but not defined herein shall have the respective meanings set forth in the agreements listed on Schedule I to this Assignment Agreement (collectively, as amended, the “Agreements”).

Master Index License Agreement
Master Index License Agreement • September 8th, 2025 • Grayscale Chainlink Trust (LINK) • New York

This Master Index License Agreement (the “Agreement”) is made as of January 31, 2022 (the “Effective Date”), by and between CoinDesk Indices, Inc. (formerly known as TradeBlock Inc.), a Delaware corporation, having its principal place of business at 250 Park Avenue South, 2nd Floor, New York, NY 10003 (“TradeBlock”); and Grayscale Investments, LLC, a Delaware limited liability company, having its principal place of business at 290 Harbor Drive, Stamford, CT 06902 (“Licensee”), acting as the sponsor or manager of the investment funds listed on Exhibit A attached hereto (each, an “Entity”, and collectively the “Entities”). TradeBlock and Licensee are each referred to herein as a “Party” and collectively as the “Parties.”

AMENDMENT No. 1 TO MASTER LICENSE AGREEMENT
Master License Agreement • September 8th, 2025 • Grayscale Chainlink Trust (LINK)

This Amendment No. 1 (this “Amendment”) is made as of June 20, 2023 (the “Effective Date”) by and between CoinDesk Indices, Inc., a Delaware corporation, having its principal place of business at 250 Park Avenue South, 2nd Floor, New York, NY 10003 (“CDI”), and Grayscale Investments, LLC, a Delaware limited liability company, with an office located at 290 Harbor Drive, Stamford, CT 06902 (“Licensee”). Unless otherwise defined herein, capitalized terms used herein have the meanings specified in or pursuant to the Agreement (defined below).

AUTHORIZED PARTICIPANT AGREEMENT
Authorized Participant Agreement • November 12th, 2025 • Grayscale Chainlink Trust (LINK) • Commodity contracts brokers & dealers • New York

The undersigned does hereby certify that the persons listed above have been duly authorized to act as Authorized Representatives pursuant to the Authorized Participant Agreement.

Certain confidential information contained in this document, marked by [***], has been omitted because the registrant has determined that the information (i) is not material and (ii) is the type that the registrant treats as private or confidential....
Transfer Agency and Service Agreement • November 12th, 2025 • Grayscale Chainlink Trust (LINK) • Commodity contracts brokers & dealers

THIS AGREEMENT is made as of the 9th day of October, 2025, by and between each entity listed on Appendix I hereto, separately and not jointly (each, individually, a “Trust”) and THE BANK OF NEW YORK MELLON, a New York corporation authorized to do a banking business having its principal office and place of business at 240 Greenwich Street, New York, New York 10286 (the “Bank”).

Certain confidential information contained in this document, marked by [***], has been omitted because the registrant has determined that the information (i) is not material and (ii) is the type that the registrant treats as private or confidential....
Fund Administration and Accounting Agreement • November 12th, 2025 • Grayscale Chainlink Trust (LINK) • Commodity contracts brokers & dealers • New York

THIS AGREEMENT is made as of October 9, 2025, by and between each entity listed on Exhibit A attached hereto (each a “Trust”, and collectively the “Trusts” as applicable), separately and not jointly, and The Bank of New York Mellon, a New York corporation authorized to do a banking business (“BNY”).

MARKETING AGENT AGREEMENT
Marketing Agent Agreement • November 12th, 2025 • Grayscale Chainlink Trust (LINK) • Commodity contracts brokers & dealers • New York

THIS AGREEMENT is made and entered into as of this 22nd day of October, 2025 (“Effective Date”), by and between each entity listed on Appendix I hereto, separately and not jointly (each, individually, a “Trust”), and Foreside Fund Services, LLC, a Delaware limited liability company (“Foreside”).

AUTHORIZED PARTICIPANT AGREEMENT
Authorized Participant Agreement • December 2nd, 2025 • Grayscale Chainlink Trust ETF • Commodity contracts brokers & dealers • New York

The undersigned does hereby certify that the persons listed above have been duly authorized to act as Authorized Representatives pursuant to the Authorized Participant Agreement.