Exhibit 10.2


[FORM
OF ADMINISTRATION AGREEMENT]


This
Administration Agreement (this “Agreement”) dated and effective as of [•], 2014, is by and between State Street
Bank and Trust Company, a Massachusetts trust company (the “Administrator”), and AccuShares Commodities Trust I (the
“Trust”), a Delaware statutory trust on behalf of each of its separate fund series listed on Schedule A attached
hereto and made a part hereof (each a “Fund” and collectively the “Funds”).


WHEREAS,
the Trust is organized pursuant to its Second Amended and Restated Trust Agreement dated as of [•], 2014 (the “Trust
Agreement”) between Wilmington Trust, N.A., as trustee, and AccuShares Investment Management, LLC (the “Sponsor”),
as sponsor;


WHEREAS,
the offer and sale of the shares of beneficial interest (“Shares”) of each Fund will be registered with the U.S. Securities
and Exchange Commission (the “SEC”) by means of the Trust’s registration statement on Form S-1, which will be
filed and effective as of the date of such offer and sale (on such present form, any subsequent amendment thereto or any later
effective registration statement, the “Registration Statement”) under the Securities Act of 1933, as amended (“1933
Act”);


WHEREAS,
each Fund, pursuant to the Trust Agreement, is authorized to issue its Shares in a pair of offsetting classes (each, a “Class”),
with each such Class representing interests in such Fund’s assets, as set forth under the Trust Agreement and as described
in the Funds’ most current prospectus(es) contained in the Registration
Statement (as amended and supplemented from time to time, the “Prospectus”);


WHEREAS,
each Fund, pursuant to the Trust Agreement and as described in its Prospectus, will publish its Class Values and Class Values
per Share (as those terms are defined in the Trust Agreement) on a daily basis each business day; and


WHEREAS,
the Trust desires to retain the Administrator to furnish certain administrative services to the Trust and each Fund, and the Administrator
is willing to furnish such services, on the terms and conditions set forth in this Agreement.


NOW,
THEREFORE, in consideration of the premises and mutual covenants herein contained, the parties hereto agree as follows:


1.Appointment
of Administrator


The
Trust hereby appoints the Administrator to act as administrator to the Trust and the Funds for purposes of providing certain administrative
services for the period and on the terms set forth in this Agreement. The Administrator accepts such appointment and agrees to
render the services stated herein.


The
Trust currently consists of the Funds listed in Schedule A to this Agreement. In the event that the Trust establishes one
or more additional Fund(s) with respect to which it wishes to retain the Administrator to act as administrator hereunder, the
Trust shall notify the Administrator




    	 



    	 



    


in
writing. Upon written acceptance by the Administrator, such additional Fund(s) shall become subject to the provisions of this
Agreement to the same extent as the existing Funds, except to the extent that such provisions (including those relating to compensation
and expenses payable) may be modified with respect to such Fund in writing by the Trust and the Administrator at the time of the
addition of such Fund.


2.Delivery
of Documents


The
Trust will promptly deliver to the Administrator copies of each of the following documents and all future amendments and supplements,
if any:


		a.	The Trust Agreement;



		b.	The Trust’s currently effective Registration Statement
and each Fund’s Prospectus and all amendments and supplements thereto as in effect from time to time;



		c.	A copy of the investment advisory agreement between the
Trust and its investment adviser; and



		d.	Such other certificates, documents or opinions which the
Administrator may, in its reasonable discretion, deem necessary or appropriate in the proper performance of its duties.



3.Representations
and Warranties of the Administrator


The
Administrator represents and warrants to the Trust that:


		a.	It is a Massachusetts trust company, duly organized and
existing under the laws of The Commonwealth of Massachusetts;



		b.	It has the requisite power and authority to carry on its
business in The Commonwealth of Massachusetts;



		c.	This Agreement constitutes its legal, valid, binding and
enforceable agreement;



		e.	All requisite corporate proceedings have been taken to
authorize it to enter into and perform this Agreement;



		f.	No legal or administrative proceedings have been instituted
or threatened which would impair the Administrator’s ability to perform its duties and obligations under this Agreement;
and



		g.	Its entrance into this Agreement shall not cause a material
breach or be in material conflict with any other agreement or obligation of the Administrator or any law or regulation applicable
to it.





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4.Representations
and Warranties of the Trust


The
Trust represents and warrants to the Administrator that:


		a.	It is duly organized, validly existing in good standing
in its jurisdiction of organization and is qualified to conduct its business in every jurisdiction where its business is conducted;



		b.	It has the requisite power and authority under applicable
laws and by its Trust Agreement to enter and perform this Agreement;



		c.	The execution, delivery and performance of this Agreement,
all documents and instruments to be delivered hereunder or thereunder and all transactions contemplated hereunder or thereunder
have been duly authorized by all necessary organizational action;



		d.	The person executing this Agreement on its behalf has
been duly authorized to act on its behalf;



		e.	This Agreement constitutes its legal, valid, binding and
enforceable agreement;



		f.	It has obtained all authorizations, approvals and consents
of any governmental body required in connection with this Agreement and all transactions contemplated hereunder and such authorizations
are in full force and effect;



		g.	The execution, delivery and performance of this Agreement
and the transactions hereunder will not violate any agreement, law, ordinance, charter, by-law, rule or regulation applicable
to it or by which it is bound or by which any of its assets are affected;



		h.	The Registration Statement will be filed and effective
as of the date of offer and sale of the Shares of each Fund, and remain effective thereafter during the term of this Agreement.
The Trust also warrants to the Transfer Agent that as of the date of offer and sale of the Shares of each Fund, all filings under
the securities laws of the states in which such Fund offers or sells its Shares necessary for such offer or sale will have been
made;



		i.	No legal or administrative proceedings have been instituted
or threatened which would impair the Trust’s ability to perform its duties and obligations under the Agreement; and



		j.	Its entrance into this Agreement shall not cause a material
breach or be in material conflict with any other agreement or obligation of the Trust or any law or regulation applicable to it.





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5.Administration
Services


The
Administrator shall provide the services as listed on Schedule B for the Trust and each Fund, subject to the authorization and
direction of the Trust and, in each case where appropriate, the review and comment by the Sponsor, on behalf of the Trust, the
Trust’s independent accountants and legal counsel and in accordance with procedures which may be established from time to
time between the Trust and the Administrator.


The
Administrator shall perform such other services for the Trust and the Funds that are mutually agreed to by the parties from time
to time, for which the Trust, on behalf of the Funds, will pay such fees as may be mutually agreed upon, including the Administrator’s
reasonable out-of-pocket expenses. The provision of such services shall be subject to the terms and conditions of this Agreement.


The
Administrator shall provide the office facilities and the personnel determined by it to perform the services contemplated herein.


6.Fees;
Expenses; Expense Reimbursement


The
Administrator shall receive from the Trust, on behalf of the Funds, such compensation for the Administrator’s services provided
pursuant to this Agreement as may be agreed to from time to time in a written Fee Schedule approved by the parties. The fees are
accrued daily and billed monthly and shall be due and payable upon receipt of the invoice. Upon the termination of this Agreement
before the end of any month with respect to any Fund, the fee for the part of the month before such termination shall be prorated
according to the proportion which such part bears to the full monthly period and shall be payable upon the date of termination
of this Agreement as to such Fund. In addition, the Trust, on behalf of the Funds, shall reimburse the Administrator for its out-of-pocket
costs incurred in connection with its performance of this Agreement. All rights of compensation and expense reimbursement under
this Agreement for services performed as of the termination date shall survive the termination of this Agreement.


The
Trust, on behalf of the Funds, agrees promptly to reimburse the Administrator for any equipment and supplies specially ordered
by or for the Trust or any Fund through the Administrator and for any other expenses not contemplated by this Agreement that the
Administrator may incur on the Trust’s or any Fund’s behalf at the Trust’s request or with the Trust’s
consent.


The
Sponsor or the Funds, as set forth in the Trust Agreement, will bear all expenses that are incurred in the Trust’s operation
and not specifically assumed by the Administrator. Expenses to be borne by the Sponsor or the Funds include, but are not limited
to: organizational expenses; cost of services of independent accountants and outside legal and tax counsel (including such counsel’s
review of the applicable Fund’s Registration Statement, Form S-1, Form S-3, Form 10-K, Form 10-Q and Form 8-K, proxy materials,
and any notices, registrations, reports, filings and materials prepared by the Administrator under this Agreement); cost of any
services contracted for by the Trust directly from parties other than the Administrator; cost of trading operations and brokerage
fees, commissions and transfer taxes in connection with the purchase and sale of




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securities
for the Trust; trustee fees, investment advisory fees; taxes, insurance premiums and other fees and expenses applicable to its
operation; costs incidental to any meetings of shareholders including, but not limited to, legal and accounting fees, proxy filing
fees and the costs of preparation (e.g., typesetting, XBRL-tagging, page changes and all other print vendor and EDGAR charges,
collectively referred to herein as “Preparation”), printing, distribution and mailing of any proxy materials; the
salary and expenses of any officer, director/trustee or employee of the Sponsor; costs of Preparation, printing, distribution
and mailing, as applicable, of the Trust’s Registration Statements, the Funds’ Prospectus(es) and any amendments and
supplements thereto and shareholder reports; cost of Preparation and filing of the Trust’s tax returns, Form S-1, Form S-3,
Form 10-K, Form 10-Q and Form 8-K, and all notices, registrations and amendments associated with applicable federal and state
tax and securities laws; all applicable registration fees and filing fees required under federal and state securities laws; the
cost of fidelity bond and D&O/E&O liability insurance; and the cost of independent pricing services used in computing
the Funds’ respective Class Values and Class Values per Share.


The
Administrator is authorized to and may employ, associate or contract with such person or persons as the Administrator may deem
desirable to assist it in performing its duties under this Agreement; provided, however, that the compensation of such person
or persons shall be paid by the Administrator and that the Administrator shall be as fully responsible to the Trust and each Fund
for the acts and omissions of any such person or persons as it is for its own acts and omissions.


7.Instructions
and Advice


At
any time, the Administrator may apply to the Trust or any Fund, or their respective designees, for instructions and may consult
with its own legal counsel or outside counsel for the Trust or the independent accountants for the Trust at the expense of the
Trust, on behalf of the Funds, with respect to any matter arising in connection with the services to be performed by the Administrator
under this Agreement.


The
Administrator shall not be held to have notice of any change of authority of any person until receipt of written notice thereof
from the Trust. Nothing in this section shall be construed as imposing upon the Administrator any obligation to seek such instructions
or advice, or to act in accordance with such advice when received.


8.Limitation
of Liability and Indemnification


The
Administrator shall not be liable for any action taken or omitted by it in good faith in reliance upon any such instructions or
advice or upon any paper or document believed by it to be genuine and to have been signed by the proper person or persons. The
Administrator shall be responsible for the performance only of such duties as are set forth in this Agreement and, except as otherwise
provided under Section 6, shall have no responsibility for the actions or activities of any other party, including other service
providers. The Administrator shall have no liability in respect of any loss, damage or expense suffered by the Trust insofar as
such loss, damage or expense arises from the performance of the Administrator’s duties hereunder in reliance upon records
that were maintained for the Trust or its Funds by entities other than the Administrator




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prior
to the Administrator’s appointment as administrator for the Funds. The Administrator shall have no liability for any error
of judgment or mistake of law or for any loss or damage resulting from the performance or nonperformance of its duties hereunder
unless solely caused by or resulting from the negligence, bad faith or willful misconduct of the Administrator, its officers or
its employees. The Administrator shall not be liable for any special, indirect, incidental, punitive or consequential damages,
including lost profits, of any kind whatsoever (including, without limitation, attorneys’ fees) under any provision of this
Agreement or for any such damages arising out of any act or failure to act hereunder, each of which is hereby excluded by agreement
of the parties regardless of whether such damages were foreseeable or whether either party or any entity had been advised of the
possibility of such damages. In any event, the Administrator’s cumulative liability for each calendar year (a “Liability
Period”) with respect to the Trust and the Funds under this Agreement regardless of the form of action or legal theory shall
be limited to its total annual compensation earned and fees payable hereunder during the preceding Compensation Period, as defined
herein, for any liability or loss suffered by the Trust and the Funds including, but not limited to, any liability relating to
the Trust’s and the Funds’ compliance with any federal or state tax or securities statute, regulation or ruling during
such Liability Period. “Compensation Period” shall mean the calendar year ending immediately prior to each Liability
Period in which the event(s) giving rise to the Administrator’s liability for that period have occurred. Notwithstanding
the foregoing, the Compensation Period for purposes of calculating the annual cumulative liability of the Administrator for the
Liability Period commencing on the date of this Agreement and terminating on December 31, 2014 shall be the date of this Agreement
through December 31, 2014, calculated on an annualized basis, and the Compensation Period for the Liability Period commencing
January 1, 2015 and terminating on December 31, 2015 shall be the date of this Agreement through December 31, 2014, calculated
on an annualized basis.


The
Administrator shall not be responsible or liable for any failure or delay in performance of its obligations under this Agreement
arising out of or caused, directly or indirectly, by circumstances beyond its control, including without limitation, work stoppage,
power or other mechanical failure, computer virus, natural disaster, governmental action or communication disruption.


The
Trust and each Fund shall indemnify and hold the Administrator and its directors, officers, employees and agents harmless from
all loss, cost, damage and expense, including reasonable fees and expenses for counsel, incurred by the Administrator resulting
from any claim, demand, action or suit in connection with the Administrator’s acceptance of this Agreement, any action or
omission by it in the performance of its duties hereunder, or as a result of acting upon any instructions reasonably believed
by it to have been duly authorized by the Trust or upon reasonable reliance on information or records given or made by the Trust
or its investment adviser, provided that this indemnification shall not apply to actions or omissions of the Administrator, its
officers or employees in cases of its or their own negligence, bad faith or willful misconduct.


The
limitation of liability and indemnification contained herein shall survive the termination of this Agreement.




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9.Confidentiality


The
parties hereto agree that each shall treat confidentially all information provided by each party to the other party regarding
its business and operations. All confidential information provided by a party hereto shall be used by any other party hereto solely
for the purpose of rendering or receiving services pursuant to this Agreement and, except as may be required in carrying out this
Agreement, shall not be disclosed to any third party. The foregoing shall not be applicable to any information (i) that is publicly
available when provided or thereafter becomes publicly available, other than through a breach of this Agreement, (ii) that is
independently derived by any party hereto without the use of any information provided by the other party hereto in connection
with this Agreement, (iii) that is required in any legal or regulatory proceeding, investigation, audit, examination, subpoena,
civil investigative demand or other similar process, or by operation of law or regulation, or (iv) where the party seeking to
disclose has received the prior written consent of the party providing the information, which consent shall not be unreasonably
withheld. Notwithstanding the foregoing, each party acknowledges that the other party may provide access to and use of confidential
information relating to the other party to the disclosing party’s employees, contractors, sub-contractors, agents, professional
advisors, auditors or persons performing similar functions.


The
undertakings and obligations contained in this Section 9 shall survive the termination or expiration of this Agreement for a period
of three (3) years.


10.Compliance
with Governmental Rules and Regulations; Records


The
Trust assumes full responsibility for complying with all securities, tax, commodities and other laws, rules and regulations applicable
to it.


The
Administrator agrees that all records which it maintains for the Trust or any Fund shall at all times remain the property of the
Trust or such Fund, as applicable, shall be readily accessible during normal business hours, and shall be promptly surrendered
upon the termination of the Agreement or otherwise on written request except as otherwise provided in Section 12. The Administrator
further agrees that all records that it maintains for the Trust or any Fund will be preserved for such periods as may be mutually
agreed upon unless any such records are earlier surrendered as provided above. Records may be surrendered in either written or
machine-readable form, at the option of the Administrator.


11.Services
Not Exclusive


The
services of the Administrator are not to be deemed exclusive, and the Administrator shall be free to render similar services to
others. The Administrator shall be deemed to be an independent contractor and shall, unless otherwise expressly provided herein
or authorized by the Trust from time to time, have no authority to act or represent the Trust or any Fund in any way or otherwise
be deemed an agent of the Trust or any Fund.




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12.Effective
Period and Termination


This
Agreement shall remain in full force and effect for an initial term ending five (5) years from the date hereof (the “Initial
Term”). After the expiration of the Initial Term, this Agreement shall automatically renew for successive one-year terms
(each, a “Renewal Term”) unless a written notice of non-renewal is delivered by the non-renewing party no later than
ninety (90) days prior to the expiration of the Initial Term or any Renewal Term, as the case may be. During the Initial Term
and thereafter, either party may terminate this Agreement: (i) in the event of the other party’s material breach of a material
provision of this Agreement that the other party has either (a) failed to cure or (b) failed to establish a remedial plan to cure
that is reasonably acceptable, within 60 days’ written notice of such breach, or (ii) in the event that the other party
is adjudged bankrupt or insolvent, or there shall be commenced against such party a case under any applicable bankruptcy, insolvency
or other similar law, or a conservator or receiver is appointed for such party or upon the happening of a like event to such party
at the direction of an appropriate agency or court of competent jurisdiction. Upon termination of this Agreement pursuant to this
paragraph, the Trust shall pay the Administrator its compensation due and shall reimburse the Administrator for its costs, expenses
and disbursements.


In
the event of: (i) the Trust’s termination of this Agreement, with or without notice, with respect to any Fund for any reason
other than as set forth in the immediately preceding paragraph or (ii) a transaction not in the ordinary course of business pursuant
to which the Administrator is not retained to continue providing services hereunder to such Fund (or its respective successor),
the Trust shall pay the Administrator its compensation due through the end of the then-current term (based upon the average monthly
compensation previously earned by Administrator with respect to the Fund) and shall reimburse the Administrator for its costs,
expenses and disbursements. Upon receipt of such payment and reimbursement, the Administrator will deliver the Fund’s records
as set forth herein. For the avoidance of doubt, no payment will be required pursuant to the first sentence of this paragraph
in the event of (a) the liquidation or dissolution of the Fund and distribution of the Fund’s assets as a result of the
Sponsor’s good faith determination that the Fund is no longer viable, (b) a merger of the Fund into, or the consolidation
of the Fund with, another entity, or (c) the sale by the Fund of all, or substantially all, of its assets to another entity, in
each of (b) and (c) where the Administrator is retained to continue providing services to the Fund (or its respective successor)
on substantially the same terms as this Agreement.


13.Notices


Any
notice or other communication authorized or required by this Agreement to be given to either party shall be in writing and deemed
to have been given when delivered in person or by confirmed facsimile, by overnight delivery through a commercial courier service,
or posted by certified mail, return receipt requested, to the following address (or such other address as a party may specify
by written notice to the other):




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If to the Trust, any Fund or the
Sponsor:


AccuShares Investment Management, LLC


1 Bridge Plaza North, Suite 468


Fort Lee, NJ 07024


Attention: Forrest Gilman


Telephone: 201-399-4700


Facsimile: [•]


If to the Administrator:


State Street Bank and Trust Company

P.O. Box 5049

Boston, MA 02206-5049

Attn: Mary Moran Zeven, Senior Vice President and Senior Counsel

Facsimile: 617-662-2702


14.Amendment


This
Agreement may be amended at any time in writing by mutual agreement of the parties hereto.


15.Assignment


This
Agreement shall not be assigned by either party hereto without the prior consent in writing of the other party, except that either
party may assign this Agreement to a successor of all or a substantial portion of its business, or to a party controlling, controlled
by or under common control with the assigning party.


16.Successors


This
Agreement shall be binding on and shall inure to the benefit of the Trust, on behalf of the Funds, and the Administrator, and
their respective successors and permitted assigns.


17.Data
Protection


The
Administrator will implement and maintain a comprehensive written information security program that contains appropriate security
measures to safeguard the personal information of the Trust’s and the Funds’ shareholders, employees, directors and/or
officers that the Administrator receives, stores, maintains, processes or otherwise accesses in connection with the provision
of services hereunder. For these purposes, “personal information” shall mean (i) an individual’s name (first
initial and last name or first name and last name), address or telephone number plus (a) Social Security number, (b) driver’s
license number, (c) state identification card number, (d) debit or credit card number, (e) financial account number or (f) personal
identification number or password that would permit access to a person’s account or (ii) any combination of the foregoing
that would allow a person to log onto or access an individual’s account. Notwithstanding the foregoing “personal information”
shall not include information




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that
is lawfully obtained from publicly available information, or from federal, state or local government records lawfully made available
to the general public.


18.Entire
Agreement


This
Agreement contains the entire understanding between the parties hereto with respect to the subject matter hereof and supersedes
all previous representations, warranties or commitments regarding the services to be performed hereunder whether oral or in writing.


19.Waiver


The
failure of a party to insist upon strict adherence to any term of this Agreement on any occasion shall not be considered a waiver
nor shall it deprive such party of the right thereafter to insist upon strict adherence to that term or any term of this Agreement.
Any waiver must be in writing signed by the waiving party.


20.Severability


If
any provision of this Agreement is invalid or unenforceable, the balance of the Agreement shall remain in effect, and if any provision
is inapplicable to any person or circumstance it shall nevertheless remain applicable to all other persons and circumstances.


21.Governing
Law


This
Agreement shall be construed and the provisions thereof interpreted under and in accordance with the laws of The Commonwealth
of Massachusetts, without regard to its conflicts of laws provisions.


22.Reproduction
of Documents


This
Agreement and all schedules, exhibits, attachments and amendments hereto may be reproduced by any photographic, xerographic, photostatic,
microfilm, micro-card, miniature photographic or other similar process. The parties hereto all/each agree that any such reproduction
shall be admissible in evidence as the original itself in any judicial or administrative proceeding, whether or not the original
is in existence and whether or not such reproduction was made by a party in the regular course of business, and that any enlargement,
facsimile or further reproduction of such reproduction shall likewise be admissible in evidence.


23.Counterparts


This
Agreement may be executed by the parties hereto on any number of counterparts, and all of said counterparts taken together shall
be deemed to constitute one and the same instrument.


24.ASSETS
AND LIABILITIES OF THE FUNDS


The
Administrator hereby acknowledges and agrees that:




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(a)The
assets of each Fund shall be held in separate and distinct accounts (directly or indirectly, including through a nominee or otherwise)
and accounted for in such separate and distinct records separately from the other assets of the Trust and every other Fund and
are referred to as “assets belonging to” that Fund. Except as otherwise set forth herein, the assets belonging to
a Fund shall belong only to that Fund for all purposes, and to no other Fund, and shall be subject only to the rights of creditors
of that Fund. The assets belonging to a Fund shall be charged with the liabilities of such Fund and all expenses, costs, charges,
indemnities and reserves attributable to such Fund.


(b)Except
as otherwise set forth herein, the debts, liabilities, obligations, expenses, costs, charges, interests, claims, indemnities and
reserves of any nature and all kinds and descriptions (“Claims”) incurred, contracted for, attributable to or otherwise
existing with respect to a particular Fund shall be enforceable against the assets of such Fund only, and not against the assets
of the Trust generally or of any other Fund and, unless otherwise provided by the Sponsor, none of the Claims incurred, contracted
for, attributable to or otherwise existing with respect to the Trust generally or any other Fund shall be enforceable against
the assets of such Fund.


[Remainder
of page intentionally left blank.]




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IN
WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their duly authorized officers or other representatives
designated below as of the date first written above.


ACCUSHARES
COMMODITIES TRUST I, for and on behalf of each Fund listed on Schedule A attached hereto


By:
AccuShares Investment Management, LLC, as Sponsor


By:
__________________________________


Name:
[•]

Title: [•]


STATE
STREET BANK AND TRUST COMPANY





	By:	 	 
	Name:	Michael F. Rogers
	Title:	Executive Vice President









    	 



    	 



    

ADMINISTRATION AGREEMENT


SCHEDULE A


AccuShares
Commodities Trust I


AccuShares S&P GSCI Spot Fund


AccuShares S&P GSCI Agriculture and Livestock Spot Fund


AccuShares S&P GSCI Industrial Metals Spot Fund


AccuShares S&P GSCI Crude Oil Spot Fund


AccuShares S&P GSCI Brent Oil Spot Fund


AccuShares S&P GSCI Natural Gas Spot Fund


AccuShares Spot CBOE VIX Fund




    	 



    	 



    

ADMINISTRATION
AGREEMENT


Schedule
B


LIST OF
SERVICES


		I.	Fund Administration Treasury Services as described in Schedule
B1 attached hereto;





    	 



    	 



    

Schedule
B1


Fund Administration Treasury Services


		a.	Prepare for the review by designated officer(s) of the
Sponsor, on behalf of the Trust, financial information regarding the Funds and the Trust that will be included in the Trust’s
annual and quarterly reports, including tax footnote disclosures where applicable.



		b.	Coordinate the audit of the Trust’s and each Fund’s
financial statements by the Trust’s independent accountants, including the preparation of supporting audit workpapers and
other schedules.



		c.	Prepare for the review by designated officer(s) of the
Sponsor, on behalf of the Trust, the Trust’s periodic financial reports required to be filed with the SEC on Forms S-1,
S-3, 10-K, 10-Q and 8-K (if applicable), proxy statements and such other reports, forms or filings as may be mutually agreed upon.



		d.	Prepare corporate tax work papers for each Fund for review
by designated officers of the Sponsor, on behalf of the Trust, and the Funds’ tax advisors.



		e.	Prepare for the review by designated officer(s) of the
Sponsor, on behalf of the Trust, annual Fund expense budgets, perform accrual analyses and roll-forward calculations and recommend
changes to Fund expense accruals on a periodic basis, arrange for payment of the Trust’s and the Funds’ expenses as
required by the Trust Agreement, review calculations of fees paid to the Trust’s and each Fund’s investment adviser,
custodian, fund accountant, marketing agent and transfer agent, and obtain authorization of accrual changes and expense payments.



		f.	Provide periodic testing of the Funds with respect to
compliance matters.



		g.	Prepare and disseminate vendor survey information.



		h.	Provide sub-certificates in connection with the certification
requirements of the Sarbanes-Oxley Act of 2002 with respect to the services provided by the Administrator.



		i.	Maintain certain books and records of the Trust and the
Funds as may be mutually agreed upon.