0001193125-22-016108 Sample Contracts

SUBADVISORY AGREEMENT
Subadvisory Agreement • January 24th, 2022 • ActiveShares ETF Trust • New York

This SUBADVISORY AGREEMENT (“Agreement”) is made this 3rd day of May, 2021, by and between Legg Mason Partners Fund Advisor, LLC, a Delaware limited liability company (the “Manager”), and ClearBridge Investments, LLC, a Delaware limited liability company (the “Subadviser”).

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MANAGEMENT AGREEMENT LEGG MASON PARTNERS FUND ADVISOR, LLC
Management Agreement • January 24th, 2022 • ActiveShares ETF Trust • New York

This MANAGEMENT AGREEMENT (“Agreement”) is made this 3rd day of May, 2021, by and between ActiveShares® ETF Trust (the “Trust”) and Legg Mason Partners Fund Advisor, LLC, a Delaware limited liability company (the “Manager”).

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