Document:

Exhibit
10.8

 

ETF MANAGERS

GROUP COMMODITY

TRUST I

 

Amendment No. 1 to Marketing Agent Agreement

 

THIS Amendment (the
“Amendment”) is entered into on January 26, 2018, on behalf of ETF Managers Group Commodity Trust I, a Delaware
statutory trust (the “Trust”), by and between ETF Managers Capital, LLC, a Delaware limited liability company, as
sponsor to the Trust (the “Sponsor”), and ETFMG Financial LLC, a Delaware limited liability company (the
“Marketing Agent”).

 

WITNESSETH:

 

WHEREAS, the Sponsor and the Marketing Agent
are parties to a Marketing Agent Agreement (the “Agreement”) dated March 1, 2017; pursuant to which the Marketing
Agent provides, or arranges for the provision of services to the funds in the Trust, and for which it is compensated based on the
average daily net assets of each fund; and

 

WHEREAS, the Sponsor and the Marketing Agent
have determined that it is appropriate to revise and restate Paragraph of 4(a) of the Agreement as follows;

 

		(a)	In consideration of the services to be performed by the Marketing Agent and its affiliates hereunder as set forth on Schedule
A attached hereto and as it may be amended from time-to-time, the Sponsor will pay the Marketing Agent an annual fee THE GREATER
OF (i) $15,000 per Fund, as listed in Schedule B attached hereto, subject to an annual cost of living adjustment (based
on the Consumer Price Index for Urban Wage Earners and Clerical Workers for the New York/Northern New Jersey area, or (ii) .02%
on the Trust’s net assets to he paid in 1/12 equal monthly installments commencing on launch date of the first Fund, subject
to any limitation imposed by any law, rule or regulation applicable to any of the parties hereto. The fees described above shall
be calculated and invoiced monthly and payable in monthly installments in arrears. Such fees will be pro-rated for any partial
month. All invoices are due and payable upon receipt. Any invoices not paid within thirty (30) days of the invoice date are subject
to a one percent (1%) per month financing charge on any unpaid balance but only to the extent permitted by law.

 

NOW THEREFORE, in consideration of the covenants
and the mutual promises set forth herein, the parties mutually agree that the above amended and restated Paragraph 4(a) shall replace
the current paragraph and be part of the Agreement.

 

IN WITNESS WHEREOF, the parties hereto have
caused this Agreement to be duly executed and attested by their duly authorized officers, all on the date first written above.

 

	ETF MANAGERS CAPITAL,
    LLC	 	ETFMG FINANCIAL LLC
	 	 	 
	/s/ Samuel Masucci, III 	 	/s/ Samuel Masucci, III
	Samuel Masucci, III	 	Samuel Masucci, III
	Chief Executive Officer	 	Chief Executive OfficerExhibit 10.9

 

ETF MANAGERS

GROUP COMMODITY

TRUST I

 

Amendment No. 2
to Marketing Agent Agreement

 

THIS AGREEMENT is made and entered into
as of this 26th day of January, 2018 on behalf of ETF MANAGERS
GROUP COMMODITY TRUST I, a Delaware statutory trust (the “Trust”), by and between ETF MANAGERS CAPITAL, LLC,
a Delaware limited liability company (the “Sponsor”), and ETFMG Financial LLC, a Delaware limited liability
company (the “Marketing Agent”).

 

WHEREAS, the Trust is authorized to issue
shares of beneficial interest in separate series, with each such series representing interests in a separate portfolio of securities
and other assets;

 

WHEREAS, the Marketing Agent is a broker-dealer
registered with the Securities and Exchange Commission and is regulated by the Financial Industry Regulatory Authority as a FINRA
member firm; and

 

WHEREAS, the Sponsor and the Marketing Agent
have entered into an agreement dated March 1, 2017 (the "Agreement") whereby the Marketing Agent has agreed to provide
certain services to each series of the Trust listed on Schedule B (as amended from time to time) (each a “Fund”
and collectively, the “Funds”); and

 

WHEREAS, the parties wish to amend Schedule
B of the Agreement to include a new separate series of the Trust, the Breakwave Dry Bulk Shipping ETF;

 

NOW, THEREFORE, in consideration of the
promises and mutual covenants herein contained, and other good and valuable consideration, the receipt of which is hereby acknowledged,
the parties hereto, intending to be legally bound, do hereby agree as follows:

 

		1.	Schedule B is hereby amended to include the following fund: Breakwave Dry Bulk Shipping ETF.

 

		2.	Section 12 of the Agreement is hereby amended to include the following new language following the third sentence of the first
paragraph:

 

“However,
Schedule B hereto will be amended upon written instructions by the Trust to amend Schedule B. Unless the Marketing Agent objects
in writing to the amended Schedule B within five (5) days after its receipt, the amended Schedule B will become part of this Agreement
in accordance with its terms.”

 

     

     

    

 

IN WITNESS WHEREOF, the parties hereto have caused this Amendment
to be executed by a duly authorized officer on one or more counterparts as of the date first above written.

 

	ETF MANAGERS CAPITAL,
    LLC	 	ETFMG FINANCIAL LLC
	 	 	 
	/s/ Samuel Masucci, III 	 	/s/ Samuel Masucci, III
	Samuel Masucci, III	 	Samuel Masucci, III
	Chief Executive Officer	 	Chief Executive OfficerExhibit 10.10

 

 AMENDMENT NO. 1 TO
CUSTODY AGREEMENT

 

THIS AGREEMENT is made and entered into
as of this 26th day of January, 2018 by and between ETF
MANAGERS GROUP COMMODITY TRUST I, a Delaware statutory trust (the “Trust”), ETF MANAGERS CAPITAL LLC, the
sponsor of the Trust (“Sponsor”) and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized
and existing under the laws of the United States of America (the “Custodian”).

 

WHEREAS, the Trust is authorized to issue
shares of beneficial interest in separate series, with each such series representing interests in a separate portfolio of securities
and other assets;

 

WHEREAS, the Custodian is a national banking
association which provides custodian services; and

 

WHEREAS, the Trust, the Sponsor and the
Custodian have entered into an agreement dated January 2, 2015 (the "Agreement") whereby the Custodian has agreed to
act as custodian of the cash and securities of each series of the Trust listed on Exhibit A (as amended from time to time)
(each a “Fund” and collectively, the “Funds”); and

 

WHEREAS, the parties wish to amend Exhibit
A of the Agreement to include a new separate series of the Trust, the Breakwave Dry Bulk Shipping ETF;

 

NOW, THEREFORE, in consideration of the
promises and mutual covenants herein contained, and other good and valuable consideration, the receipt of which is hereby acknowledged,
the parties hereto, intending to be legally bound, do hereby agree as follows:

 

Exhibit A is hereby amended to include the
following fund: Breakwave Dry Bulk Shipping ETF.

 

IN WITNESS WHEREOF, the parties hereto have caused this Amendment
to be executed by a duly authorized officer on one or more counterparts as of the date first above written.

 

ETF MANAGERS GROUP COMMODITY

TRUST I

	 	 	 	 	 
	By:	/s/ Samuel Masucci, III	 
		
	Name:	Samuel Masucci, III 	 
	Title:	 	CEO	 

 

     

     

    

 

U.S. BANK NATIONAL ASSOCIATION 

	 	 	 	 	 
	By:	/s/ Anita Zagrodnik	 
		
	Name:	Anita Zagrodnik	 
	Title:	 	Senior Vice President	 

 

ETF MANAGERS CAPITAL LLC 

	 	 	 	 	 
	By:	/s/ Samuel Masucci, III	 
		
	Name:	Samuel Masucci, III 	 
	Title:	 	CEOExhibit 10.11

 

AMENDMENT NO. 1 TO FUND
ADMINISTRATION SERVICING AGREEMENT

 

THIS amendment is made and entered into
as of this 26th day of January, 2018, by and between ETF
MANAGERS GROUP COMMODITY TRUST I, a Delaware statutory trust (the “Trust”), ETF MANAGERS CAPITAL LLC, the
sponsor of the Trust (the “Sponsor”), and U.S. BANCORP FUND SERVICES, LLC, a Wisconsin limited liability company
(“Fund Services”).

 

WHEREAS, the Trust is authorized to issue
shares of beneficial interest in separate series, with each such series representing interests in a separate portfolio of securities
and other assets;

 

WHEREAS, Fund Services is engaged in providing
fund administration services to funds; and

 

WHEREAS, the Trust, the Sponsor and Fund
Services have entered into an agreement dated January 2, 2015 (the “Agreement”) whereby Fund Services has agreed to
provide certain services to each series of the Trust listed on Exhibit A (as amended from time to time) (each a “Fund”
and collectively, the “Funds”); and

 

WHEREAS, the parties wish to amend Exhibit
A of the Agreement to include a new separate series of the Trust, the Breakwave Dry Bulk Shipping ETF;

 

NOW, THEREFORE, in consideration of the
promises and mutual covenants herein contained, and other good and valuable consideration, the receipt of which is hereby acknowledged,
the parties hereto, intending to be legally bound, do hereby agree as follows:

 

Exhibit A is hereby amended to include the
following fund: Breakwave Dry Bulk Shipping ETF.

 

IN WITNESS WHEREOF, the parties hereto have caused this Amendment
to be executed by a duly authorized officer on one or more counterparts as of the date first above written.

 

ETF MANAGERS GROUP COMMODITY

TRUST I

	 	 	 	 	 
	By:	/s/ Samuel Masucci, III	 
		
	Name:	Samuel Masucci, III 	 
	Title:	 	CEO	 

 

     

     

    

 

U.S. BANCORP FUND SERVICES, LLC

	 	 	 	 	 
	By:	/s/ Anita Zagrodnik	 
		
	Name:	Anita Zagrodnik	 
	Title:	 	Senior Vice President	 

 

ETF MANAGERS CAPITAL LLC

	 	 	 	 	 
	By:	/s/ Samuel Masucci, III	 
		
	Name:	Samuel Masucci, III 	 
	Title:	 	CEOExhibit 10.12

 

AMENDMENT NO. 1 TO FUND
ACCOUNTING SERVICING AGREEMENT

 

THIS AGREEMENT is made and entered into
as of this 26th day of January, 2018, by and between ETF MANAGERS
GROUP COMMODITY TRUST I, a Delaware statutory trust (the “Trust”), ETF MANAGERS CAPITAL LLC, the sponsor
of the Trust (the “Sponsor”), and U.S. BANCORP FUND SERVICES, LLC, a Wisconsin limited liability company ("Fund
Services”).

 

WHEREAS, the Trust is authorized to issue
shares of beneficial interest in separate series, with each such series representing interests in a separate portfolio of securities
and other assets;

 

WHEREAS, Fund Services is engaged in providing
fund accounting and other services to funds; and

 

WHEREAS, the Trust, the Sponsor and Fund
Services have entered into an agreement dated January 2, 2015 (the "Agreement") whereby Fund Services has agreed to provide
certain services to each series of the Trust listed on Exhibit A (as amended from time to time) (each a “Fund”
and collectively, the “Funds”); and

 

WHEREAS, the parties wish to amend Exhibit
A of the Agreement to include a new separate series of the Trust, the Breakwave Dry Bulk Shipping ETF;

 

NOW, THEREFORE, in consideration of the
promises and mutual covenants herein contained, and other good and valuable consideration, the receipt of which is hereby acknowledged,
the parties hereto, intending to be legally bound, do hereby agree as follows:

 

Exhibit A is hereby amended to include the
following fund: Breakwave Dry Bulk Shipping ETF.

 

IN WITNESS WHEREOF, the parties hereto have caused this Amendment
to be executed by a duly authorized officer on one or more counterparts as of the date first above written.

 

ETF MANAGERS GROUP COMMODITY

TRUST I 

	 	 	 	 	 
	By:	/s/ Samuel Masucci, III	 
		
	Name:	Samuel Masucci, III 	 
	Title:	 	CEO	 

 

     

     

    

 

U.S. BANCORP FUND SERVICES, LLC

	 	 	 	 	 
	By:	/s/ Anita Zagrodnik	 
		
	Name:	Anita Zagrodnik	 
	Title:	 	Senior Vice President	 

 

ETF MANAGERS CAPITAL LLC

	 	 	 	 	 
	By:	/s/ Samuel Masucci, III	 
		
	Name:	Samuel Masucci, III 	 
	Title:	 	CEO

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