Repository User Agreement
for the DTCC Global Trade Repository Service (GTR)
This REPOSITORY USER AGREEMENT (this “User Agreement”) is entered into effective as of the date set forth on
the signature page below (the “Effective Date”), by and between each Subject User, on the one hand, and the traderepository set forth on the signature page (the “Repository”), on the other hand. All terms used but not defined hereinshall have the meaning assigned to such term as set forth on the signature page.
Background
Each Subject User wishes to participate in one or more services or systems to be operated by the Repository (the“Services”) in accordance with the terms and conditions of this User Agreement.
Terms and Conditions
1. The Repository agrees to provide its Services to the Subject User(s) pursuant to the terms of this User Agreement
and the Governing Documents. Each Subject User agrees to: (i) pay all applicable fees and charges; (ii) comply
with the terms and conditions of this User Agreement and the Governing Documents (all of which are available
on DTCC’s publicly accessible website (www.dtcc.com)); (iii) provide the Repository with the Required
Documents; and (iv) ensure the accuracy of all information submitted to the Repository in connection with its useof the Services. Each Subject User hereby acknowledges that it has reviewed such Governing Documents thatare in effect as of the Effective Date.
2. Upon execution of this User Agreement, an Annex I unique to the Repository (the “Annex I”) shall be completed
and provided to the Repository. This Annex I shall be deemed a part of this User Agreement and may be amended
from time to time by submission of a properly executed updated Annex I by a Subject User through any means
authorized by the Repository. Such amended Annex I shall supplement the preexisting document(s) as an annex
to the User Agreement. The Subject User making such a submission represents, warrants and covenants that it
has valid authority or consent to do so. Any updates shall be effective upon the Repository’s implementation of
the changes reflected thereon. The Repository is entitled to regard the instructions contained in such authorizedsubmissions as valid and will not be responsible for confirming or verifying the validity or accuracy of such
instructions received.
3. Unless otherwise instructed in writing, the Repository may treat the entities on Annex I hereto as part of the same
Family (as such term is defined in the Governing Documents).
4. This User Agreement shall be governed by the law of the Governing Law Jurisdiction. Each party hereto
irrevocably agrees that any dispute in relation to this User Agreement, or any non-contractual claim arising
therefrom, will be subject to the exclusive jurisdiction of the courts of the Governing Law Jurisdiction without
regard to the conflicts of law provisions thereof. In the event of any conflict between the terms of this User
Agreement and the terms of any of the Governing Documents, the terms of the Governing Documents shallprevail.
5. The undersigned (if a corporation, partnership or other business entity signing for and on behalf of Subject Users)
hereby represents, warrants and covenants to the Repository that it has requisite right and authority to act onbehalf of each Subject User with respect to the subject matter herein and to execute and deliver this User
Agreement for and on behalf of each Subject User. If at any time the undersigned entity ceases to have such
authority to bind the Subject Users it shall promptly notify the Repository. The undersigned entity represents,warrants and covenants to the Repository that each person signing on behalf of the undersigned entity isauthorized to do so. The undersigned entity shall indemnify the Repository and its respective employees,
directors, agents and affiliates against any claim resulting from its breach of: (a) the representation, warranty andcovenant set forth in this Section 5; and/or (b) the obligation set forth in Section 1(iv).

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Repository User Agreement
Signature Page
DTCC Data Repository (Singapore) Pte Ltd (DDRS)
6. This User Agreement shall operate to constitute a separate agreement between each Subject User, on the one
hand, and the Repository, on the other hand, as if each such Subject User has executed a separate document
naming only itself as the Subject User. Nothing in this User Agreement creates any promise by a Subject User
to be responsible for the payment or performance of any obligation owed by another Subject User solely byreason of being listed on the DDRS Annex I, as amended from time to time. The legal entity signing this User
Agreement is bound by the obligations set forth in Section 5 above even if such legal entity is not a Subject User.
7. Definitions:“Governing Documents” means the applicable DDRS Fee Schedule, the Rulebook of the DDRS, DDRS
Operating Procedures and the Applicable Publications (as defined in the DDRS Operating Procedures) issued
thereunder, as each may be amended, supplemented or modified from time to time.
“Governing Law Jurisdiction” means law ofSingapore or

the State of New York (select one).

“Required Documents” means any documents reasonably requested by the Repository in connection withaccount setup, billing or maintenance.
“Subject User” means an entity/fund listed on the DDRS Annex I, as amended from time to time, to this User
Agreement.
IN WITNESS WHEREOF, the duly authorized representatives of the parties below have caused this USERAGREEMENT to be executed.
Client Signature:
Name:
LEI:

Title:
Date:

Address:

Repository:
Signature:

DTCC Data Repository (Singapore) Pte
Ltd (DDRS)

Name:
Title:
Date:

This constitutes page 2 of the User Agreement

DTCC Public (White)

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