0000894189-10-002506 Sample Contracts

DIREXION SHARES ETF TRUST II 33 Whitehall Street, 10th Floor New York, NY 10004 TRUST AGREEMENT July 9, 2010 TRUST AGREEMENT OF DIREXION SHARES ETF TRUST II
Trust Agreement • July 20th, 2010 • Direxion Shares ETF Trust II • Delaware

THIS TRUST AGREEMENT is made and entered into as of, July 12, 2010, by DIREXION ASSET MANAGEMENT, LLC, a New York limited liability company, and WILMINGTON TRUST COMPANY, a Delaware banking corporation, as trustee, for the purpose of creating a Delaware statutory trust in accordance with the provisions hereinafter set forth.

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