0001193125-12-009345 Sample Contracts

EURO CURRENCY TRUST PARTICIPANT AGREEMENT
Participant Agreement • January 11th, 2012 • Currencyshares Euro Trust • Commodity contracts brokers & dealers • New York

This Participant Agreement (this “Agreement”), dated as of March 25, 2010, is entered into by and between Knight Clearing Services, LLC (with respect to this Agreement, the “Authorized Participant”, and with respect to the Trust Agreement referred to below, an “Authorized Participant”), The Bank of New York, a New York banking corporation, not in its individual capacity but solely as trustee (the “Trustee”) of the Euro Currency Trust (the “Trust”), and Rydex Specialized Products LLC, d/b/a Rydex Investments, as sponsor (the “Sponsor”) of the Trust.

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