Common use of Officers of the Trust Clause in Contracts

Officers of the Trust. (a) The Managing Owner may, but is not obligated to, appoint officers of the Trust, who shall be agents of the Trust with such titles and duties as the Managing Owner shall specify. Any number of offices may be held by the same person.

Appears in 5 contracts

Samples: Trust and Trust Agreement (FactorShares 2X: S&P500 Bull/Usd Bear), Trust and Trust Agreement (FactorShares 2X: Gold Bull/S&p500 Bear), Trust and Trust Agreement (FactorShares 2X: Oil Bull/S&p500 Bear)

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Officers of the Trust. (a) The Managing Owner may, but is not obligated to, appoint officers of the Trust, who shall be agents of the Trust and each Fund with such titles and duties as the Managing Owner shall specify. Any number of offices may be held by the same person.

Appears in 1 contract

Samples: Trust Agreement (STREAM S&P Dynamic Roll Global Commodities Fund)

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