0001193125-11-062286 Sample Contracts

DEPOSIT ACCOUNT AGREEMENT GLOBAL ACCOUNT TERMS
Deposit Account Agreement • March 10th, 2011 • CurrencyShares South African Rand Trust • Commodity contracts brokers & dealers • England

The Bank of New York Mellon, in its capacity as trustee of the CurrencySharesSM South African Rand Trust, a trust formed under New York law (the “Customer” or “Trust”) and the London Branch of JPMorgan Chase Bank, N.A. (the “Bank”) undertake to comply with and be bound by the following Global Account Terms of this Deposit Account Agreement (the “Agreement”).

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