0000950136-08-002783 Sample Contracts

EXPENSE LIMITATION AGREEMENT INDEXIQ TRUST
Expense Limitation Agreement • May 23rd, 2008 • IndexIQ Trust

This Agreement is made and entered into effective as of May 12, 2008, by and between the IQ Alpha Hedge Strategy Fund (the “Fund”), a series of shares of IndexIQ Trust, a Delaware statutory trust (the “Trust”) and IndexIQ Advisors LLC, a Delaware limited liability company (the “Advisor”).

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SUB-LICENSE AGREEMENT
Sub-License Agreement • May 23rd, 2008 • IndexIQ Trust • New York

THIS SUB-LICENSE AGREEMENT (the “Agreement”), dated as of May 15, 2008, (the “Effective Date”) is by and between IndexIQ Advisors LLC, whose principal place of business is 800 Westchester Avenue, Suite N-611 Rye Brook, New York 10573 (“Advisor”), and IndexIQ Trust, a Delaware trust (the “Trust”).

SELLING/SERVICES AGREEMENT FOR ABC FUNDS
IndexIQ Trust • May 23rd, 2008 • Pennsylvania

For the mutual promises contained herein and other good and valuable consideration, we enter into this Agreement with you for the provision of certain services outlined below to our Customers (“Customers”) who from time to time may beneficially own shares (the “Shares”) of ABC Funds (the “Fund”) of which you are the Distributor and whose Shares are offered at the net asset value next determined after a purchase order is effective (the “Current Offering Price”). Upon acceptance of this Agreement by you, we understand that we may offer and sell Shares of the Fund and/or provide administrative services to the Fund (including Shares of any and all series or portfolios thereof (individually, a “Portfolio” and collectively, the “Portfolios”) and any classes thereof) subject, however, to all of the terms and conditions hereof and to your right, without notice, to suspend or terminate the sale of Shares. The terms and conditions of this Services Agreement are as follows.

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