MANAGEMENT AGREEMENTManagement Agreement • September 8th, 2010 • Sprott Physical Silver Trust • Gold and silver ores • Ontario
thereafter and, if possible, before making the next trade for or providing advice to the client, if there are any significant changes to this disclosure, the details of the relationship(s) and the policies and procedures adopted to minimize the potential for conflicts of interest resulting from such relationships. Sprott Private Wealth LP (“SPW”), a registrant, is related to SAM, by virtue of each of SAM and SPW having SI as a direct or indirect holder of 100% of the voting securities of each general partner of SAM and SPW.
VALUATION SERVICES AGREEMENTValuation Services Agreement • September 8th, 2010 • Sprott Physical Silver Trust • Gold and silver ores • Ontario
WHEREAS Sprott Physical Silver Trust (the “Trust”) is a closed-end mutual fund trust established under the laws of the Province of Ontario pursuant to a trust agreement dated as of June 30, 2010 (the “Trust Agreement”);
TRANSFER AGENT, REGISTRAR AND DISBURSING AGENT AGREEMENTRegistrar and Disbursing Agent Agreement • September 8th, 2010 • Sprott Physical Silver Trust • Gold and silver ores • Ontario
WHEREAS the Manager wishes to appoint Equity as transfer agent, registrar and disbursing agent of the Issuer and whereas Equity wishes to accept such appointments;
