Company: DEFI
Filing Date: 2025-03-27
Form Type: 424B3
Source: 0001999371-25-003249
Chunk: 140

Company: Tidal Commodities Trust I
Filing Date: 2025-03-27
Form: 424B3
Chunk 140
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three-year term, automatically renewing for one-year periods unless terminated by a party upon 90 days’ written notice. Early
termination requires the Trust to pay remaining fees and costs related to the transition to a new service provider.

This agreement includes clauses on confidentiality,
proprietary information, and record-keeping responsibilities, ensuring both parties maintain confidentiality of sensitive information
and is governed by the laws of the State of Wisconsin.

Fund Accounting Agreement. The Fund
Accounting Servicing Agreement is between Global Fund Services, the Trust, and the Sponsor. Under this Agreement, Global Fund Services
is appointed as the fund accountant for the Trust, responsible for various accounting services such as portfolio accounting, expense
accrual and payment, trust valuation and financial reporting, tax accounting, and compliance control services.

The Agreement is set for an initial term
of three years, with automatic renewal for successive one-year terms unless terminated earlier. Termination can occur under specific
conditions, including material breach or changes in laws affecting the Agreement. The Trust and Sponsor can also terminate the
agreement upon 90 days’ notice, and Global Fund Services may do the same under certain circumstances, such as the existence
of certain legal compliance issues or reputational harm.

Global Fund Services is obligated to exercise
reasonable care in its duties. Global Fund Services’ liability under the agreement limited to losses arising from Global
Fund Services’ refusal or failure to comply with the terms of the agreement or from its bad faith, negligence or willful
misconduct in the performance of its duties under this agreement. The Trust is obligated to indemnify Global Fund Services against
losses not arising from such failures or misconduct. Conversely, Global Fund Services is obligated to indemnify the Trust for losses
resulting from its non-compliance or misconduct.

The agreement includes clauses on confidentiality,
proprietary information, and record-keeping responsibilities, ensuring both parties maintain confidentiality of sensitive information.
The agreement has an initial three-year term, automatically renewing for one-year periods unless terminated by a party upon 90
days’ written notice and is governed by the laws of the State of Wisconsin.

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Bitcoin Custodian

BitGo Trust Company, Inc (the “Bitcoin
Custodian”) will keep custody of all of the Fund’s bitcoin, on behalf of the Fund. The Bitcoin Custodian is responsible
for safekeeping passwords, keys or phrases that allow transfers of digital assets (“Security Factors”) safe, secure
and confidential. The Bitcoin Custodian will establish