Document:

Exhibit 10.2

 

ETF MANAGERS GROUP COMMODITY TRUST I

MARKETING AGENT AGREEMENT

 

THIS MARKETING AGENT AGREEMENT (this “Agreement”)
is made as of March 1 2017, on behalf of the 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 the Fund’s sponsor (the “Sponsor”),
and ETFMG Financial LLC, a Delaware limited liability company (the “Marketing Agent”). Capitalized terms used but not
defined in this Agreement shall have the meaning ascribed thereto in the Trust’s Prospectus included its Registration Statement
on Form S-1 (Registration No. 333-182301), as it may be amended from time-to-time.

 

WITNESSETH:

 

WHEREAS, the Sponsor
has filed with the Securities and Exchange Commission (the “Commission” or “SEC”) a registration statement
on Form S-1 (Registration No. 333-182301) and amendments thereto, including as part thereof a prospectus (the “Prospectus”),
under the Securities Act of 1933, as amended (the “1933 Act”), the forms of which have heretofore been delivered to
the Marketing Agent; and

 

WHEREAS, the Sponsor
wishes to employ the Marketing Agent as of April 1, 2017 in connection with the performance of the services listed in Schedule
A with respect to the Trust and the individual funds under the Trust (each a “Fund”), as listed in Schedule
B, and additional services as may be agreed from time-to-time.

 

NOW, THEREFORE, in
consideration of the mutual promises and undertakings herein contained, the parties agree as follows:

 

1.          Registration.
The Sponsor has furnished or will furnish, upon request, the Marketing Agent with copies of the Trust’s trust agreement,
custodian agreements, transfer agency agreement, current prospectus and all forms relating to any plan, program or service offered
by the Trust. The Sponsor shall furnish, within a reasonable time period, to the Marketing Agent a copy of any amendment or supplement
to any of the above-mentioned documents. Upon request, the Sponsor shall furnish promptly to the Marketing Agent any additional
documents necessary or advisable to perform its functions hereunder. As used in this Agreement the terms “registration statement”
and “prospectus” shall mean any registration statement and prospectus filed by the Trust with the SEC and any amendments
and supplements thereto that are filed with the SEC.

 

2.          Representations
and Warranties of Sponsor. The Sponsor represents and warrants and covenants to the Marketing Agent the following:

 

(a)          it
has been duly organized and is validly existing as a limited liability company in good standing under the laws of the State of
Delaware, with full power and authority to conduct its business as described in the Registration Statement and the Prospectus and
has all requisite power and authority to execute and deliver this Agreement;

 

     

     

    

 

(b)          the
Trust and the Sponsor are duly qualified and are in good standing in each jurisdiction where the conduct of its business requires
such qualification; and

 

(c)          this
Agreement has been duly authorized, executed and delivered by the Sponsor and constitutes the valid and binding obligations of
the Sponsor, enforceable against the Sponsor in accordance with its terms.

 

3.          Representations
and Warranties of the Marketing Agent. The Marketing Agent represents and warrants and covenants to the Sponsor the following:

 

(a)          it
is registered as a broker-dealer under the Securities Exchange Act of 1934, as amended (the “1934 Act”), is a member
in good standing of the Financial Industry Regulatory Authority (“FINRA”) and is qualified to act as a broker or dealer
in the states or other jurisdictions where the nature of its business so requires; and has all other necessary licenses, authorizations,
consents and approvals and has made all necessary filings required under any federal, state, local or foreign law, regulation or
rule, and has obtained all necessary authorizations, consents and approvals from other Persons, in order to conduct its activities
as contemplated by this Agreement. The Marketing Agent will maintain any such registrations, qualifications and membership in good
standing and in full force and effect throughout the term of this Agreement. The Marketing Agent will comply in all material respects
with all applicable federal laws, including but not limited to, federal securities and commodities laws, the laws of the states
or other jurisdictions concerned, and the rules and regulations promulgated thereunder, and with the Constitution, By-Laws and
Conduct Rules of FINRA;

 

(b)          it
(i) has been duly organized and is validly existing as a limited liability company in good standing under the laws of the
State of Delaware, with full power and authority to conduct its business and has all requisite power and authority to execute and
deliver this Agreement and (ii) is duly qualified and is in good standing in each jurisdiction where the conduct of its business
requires such qualification; and

 

(c)          this
Agreement has been duly authorized, executed and delivered by the Marketing Agent and constitutes the valid and binding obligations
of the Marketing Agent, enforceable against the Marketing Agent in accordance with its terms.

 

4.          Fees
and Trust Expenses.

 

(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 in the amount
of $__,___per Fund, as listed in Schedule B attached hereto, subject to an annual cost of living adjustment1,
plus _._% on the Trust’s net assets to be 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.

 

 

1 The annual cost of living adjustment shall be based
on the Consumer Price Index for Urban Wage Earners and Clerical Workers, for the Denver-Boulder-Greeley area, as published bimonthly
by the United States Department of Labor, Bureau of Labor Statistics, or, in the event that publication of such index is terminated,
any successor or substitute index, appropriately adjusted, acceptable to all parties.

 

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(b)          Out
of Pocket Expenses. In addition to the fees set forth above in Section 4(a), the Sponsor agrees to reimburse Marketing Agent
for its reasonable out-of-pocket expenses incurred and advances made by Marketing Agent in performing the Services, including,
but specifically not limited to, travel expenses to Board meetings and on-site reviews, FINRA advertising/filing fees (including
additional fees for expedited reviews as set forth herein); fulfillment costs; registered representative FINRA and state licensing
fees; customized programming/enhancements; expenses related to branch office supervision and examination, including technology
support, travel and meal expenses for branch audits, client pro-rata share of FINRA technology support and membership assessments
and other reasonable out-of-pocket expenses incurred by Marketing Agent in connection with the performance of the Services.

 

Further, unless otherwise
agreed to by the parties hereto in writing, the Marketing Agent shall not be responsible for fees and expenses in connection with
(a) filing of any registration statement, printing and the distribution of any prospectus under the 1933 Act and amendments prepared
for use in connection with the offering of shares for sale to the public, preparing, setting in type, printing and mailing the
prospectus, and any supplements thereto sent to shareholders of the Trust, (b) preparing, setting in type, printing and mailing
any report (including annual and semi-annual reports) or other communication to shareholders of the Trust, and (c) the Blue Sky
registration and qualification of shares of the Trust for sale in the various states in which the officers of the Trust shall determine
it advisable to qualify such shares of the Trust for sale (including registering the Trust as a broker or dealer or any officer
of the Trust or any Trust as agent or salesman in any state).

 

5.          Use
of the Marketing Agent’s Name. Neither the Trust nor the Sponsor, or any of their affiliates, shall use the name of the
Marketing Agent, or any of its affiliates, in any prospectus, sales literature and other material relating to the Trust in any
manner without the prior written consent of the Marketing Agent (which shall not be unreasonably withheld); provided, however,
that the Marketing Agent hereby approves all lawful uses of the names of the Marketing Agent and its affiliates in the prospectus
of the Trust and in all other materials which merely refer to accurate terms to their appointment hereunder or which are required
by the SEC, FINRA, OCC or any state securities authority.

 

6.          Use
of the Trust’s Name. Neither the Marketing Agent nor any of its affiliates shall use the name of the Trust in any publicly
disseminated materials, including sales literature in any manner without the prior consent of the Sponsor (which shall not be unreasonably
withheld); provided, however, that the Sponsor hereby approves all lawful uses of its or the Trust’s names in any required
regulatory filings of the Marketing Agent which merely refer in accurate terms to the appointment of the Marketing Agent hereunder,
or which are required by the SEC, FINRA or any state securities authority.

 

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7.          Indemnification
of Marketing Agent. The Sponsor agrees to indemnify, defend and hold harmless the Marketing Agent, its partners, stockholders,
members, directors, officers and employees of the foregoing, and the successors and assigns of all of the foregoing, from and against
any loss, damage, expense, liability or claim (including the reasonable cost of investigation) (“Losses”) which the
Marketing Agent or any such person may incur under the 1933 Act, the 1934 Act, the common law or otherwise, insofar as such Losses
arise out of or are based upon:

 

(a)          the
inaccuracy of factual information furnished to Marketing Agent by the Trust, the Fund(s), the Sponsor, custodians, or other service
providers;

 

(b)          any untrue statement of a material fact or alleged untrue statement of a material fact contained in the Registration
Statement (or in the Registration Statement as amended or supplemented) or in a Prospectus (the term Prospectus being deemed
to include the Prospectus and the Prospectus as amended or supplemented), or arises out of or is based upon any omission of a
material fact or alleged omission to state a material fact required to be stated in either such Registration Statement or
such Prospectus or necessary to make the statements made therein not misleading, except for any statements provided in
writing, directly or indirectly through the Sponsor, by the Marketing Agent to the Sponsor for inclusion in such Registration
Statement or such prospectus or any material omissions therefrom;

 

(c)          any
untrue statement or alleged untrue statement of a material fact or breach by the Sponsor of any representation or warranty contained
in this Agreement;

 

(d)          the
failure by the Sponsor to perform when and as required any agreement or covenant contained herein;

 

(e)          any
untrue statement of any material fact contained in any audio or visual materials provided by the Sponsor or based upon written
information furnished by or on behalf of the Sponsor including, without limitation, slides, videos, films or tape recordings used
in connection with the marketing of the Trust; and

 

(f)          the
Marketing Agent’s performance of its duties under this Agreement except in the case of this clause (f), for any Losses resulting
from the gross negligence or willful misconduct of the Marketing Agent. In no case is the indemnity of the Sponsor in favor of
the Marketing Agent deemed to protect the Marketing Agent against any liability to the Sponsor to which the Marketing Agent would
otherwise be subject by reason of willful misfeasance, bad faith or gross negligence in the performance of its duties or by reason
of its reckless disregard of its obligations and duties under this Agreement.

 

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If any action, suit
or proceeding (each, a “Proceeding”) is brought against the Marketing Agent in respect of which indemnity may be sought
against the Sponsor pursuant to the foregoing paragraph, the Marketing Agent shall promptly notify the Sponsor in writing of the
institution of such Proceeding and the Sponsor shall assume the defense of such Proceeding, including the employment of counsel
reasonably satisfactory to such indemnified party and payment of all fees and expenses; provided, however, that the omission to
so notify the Sponsor shall not relieve the Sponsor from any liability which it may have to the Marketing Agent hereunder except
to the extent that it has been materially prejudiced by such failure. The Marketing Agent shall have the right to employ its or
their own counsel in any such case, but the fees and expenses of such counsel shall be at the expense of the Marketing Agent unless
the employment of such counsel shall have been authorized in writing by the Sponsor in connection with the defense of such Proceeding
or the Sponsor shall not have, within a reasonable period of time in light of the circumstances, employed counsel to have charge
of the defense of such Proceeding or such indemnified party or parties shall have reasonably concluded that there may be defenses
available to it or them which are different from, additional to or in conflict with those available to the Sponsor (in which case
the Sponsor shall not have the right to direct the defense of such Proceeding on behalf of the indemnified party or parties), in
any of which events such fees and expenses shall be borne by the Sponsor and paid as incurred (it being understood, however, that
the Sponsor shall not be liable for the expenses of more than one separate counsel (in addition to any local counsel) in any one
Proceeding or series of related Proceedings in the same jurisdiction representing the indemnified parties who are parties to such
Proceeding).

 

The Sponsor shall not
be liable for any settlement of any Proceeding effected without the Sponsor’s written consent, but if settled with the Sponsor’s
written consent, the Sponsor agrees to indemnify and hold harmless the Marketing Agent from and against any loss or liability by
reason of such settlement. Notwithstanding the foregoing sentence, if at any time an indemnified party shall have requested an
indemnifying party to reimburse the indemnified party for fees and expenses of counsel as contemplated by the second sentence of
the foregoing paragraph, then the indemnifying party agrees that it shall be liable for any settlement of any Proceeding effected
without its written consent if (i) such settlement is entered into more than 60 Business Days after receipt by such indemnifying
party of the aforesaid request, (ii) such indemnifying party shall not have fully reimbursed the indemnified party in accordance
with such request prior to the date of such settlement and (iii) such indemnified party shall have given the indemnifying party
at least 30 Business Days’ prior notice of its intention to settle. No indemnifying party shall, without the prior written
consent of the indemnified party, effect any settlement of any pending or threatened Proceeding in respect of which any indemnified
party is or could have been a party and indemnity could have been sought hereunder by such indemnified party, unless such settlement
includes an unconditional release of such indemnified party from all liability on claims that are the subject matter of such Proceeding
and does not include an admission of fault, culpability or a failure to act, by or on behalf of such indemnified party.

 

8.          Indemnification
of the Sponsor and the Trust. The Marketing Agent agrees to indemnify, defend and hold harmless the Sponsor and the Trust,
their partners, shareholders, members, directors, officers and employees of the foregoing, and the controlling persons of all of
the foregoing, within the meaning of Section 15 of the 1933 Act or Section 20 of the 1934 Act, and the successors and assigns of
all of the foregoing, from and against any Losses which the Sponsor may incur under the 1933 Act, the 1934 Act, the common law
or otherwise, insofar as such Losses arise out of or are based upon any untrue statement of a material fact or alleged untrue statement
of a material fact contained in and in conformity with information furnished in writing, directly or indirectly through the Sponsor,
by or on behalf of the Marketing Agent to the Sponsor expressly for use in the Registration Statement (or in the Registration Statement
as amended or supplemented by any post-effective amendment thereof) or in a Prospectus, or arises out of or is based upon any omission
of a material fact or alleged omission to state a material fact in connection with such information required to be stated in such
Registration Statement or such Prospectus or necessary to make such information not misleading.

 

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The Marketing Agent
will also indemnify the Sponsor and the Trust as stated above insofar as such Losses arise out of or are based upon the Marketing
Agent’s performance of its duties under this Agreement, except in the case of any Losses resulting from the gross negligence
or willful misconduct of the Sponsor or the Trust. In no case is the indemnity of the Marketing Agent in favor of the Sponsor and
the Trust to be deemed to protect the Sponsor and the Trust against any liability to the Marketing Agent to which the Sponsor or
the Trust would otherwise be subject by reason of willful misfeasance, bad faith or gross negligence in the performance of its
duties or by reason of its reckless disregard of the Sponsor’s obligations and duties under this Agreement.

 

If any Proceeding is
brought against the Sponsor or the Trust in respect of which indemnity may be sought against the Marketing Agent pursuant to the
first paragraph of this Section 8, the Sponsor shall promptly notify the Marketing Agent in writing of the institution of
such Proceeding and the Marketing Agent shall assume the defense of such Proceeding, including the employment of counsel reasonably
satisfactory to such indemnified party and payment of all fees and expenses; provided, however, that the omission to so notify
the Marketing Agent shall not relieve the Marketing Agent from any liability hereunder which it may have to the Sponsor except
to the extent that it has been materially prejudiced by such failure. The Sponsor and the Trust shall have the right to employ
their own counsel in any such case, but the fees and expenses of such counsel shall be at the expense of the Sponsor unless the
employment of such counsel shall have been authorized in writing by the Marketing Agent in connection with the defense of such
Proceeding or the Marketing Agent shall not have, within a reasonable period of time in light of the circumstances, employed counsel
to defend such Proceeding or such indemnified party or parties shall have reasonably concluded that there may be defenses available
to it or them which are different from or additional to or in conflict with those available to the Marketing Agent (in which case
the Marketing Agent shall not have the right to direct the defense of such Proceeding on behalf of the indemnified party or parties,
but the Marketing Agent may employ counsel and participate in the defense thereof but the fees and expenses of such counsel shall
be at the expense of the Marketing Agent), in any of which events such fees and expenses shall be borne by the Marketing Agent
and paid as incurred (it being understood, however, that the Marketing Agent shall not be liable for the expenses of more than
one separate counsel (in addition to any local counsel) in any one Proceeding or series of related Proceedings in the same jurisdiction
representing the indemnified parties who are parties to such Proceeding).

 

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The Marketing Agent
shall not be liable for any settlement of any such Proceeding effected without the written consent of the Marketing Agent but if
settled with the written consent of the Marketing Agent, the Marketing Agent agrees to indemnify and hold harmless the Sponsor
and the Trust from and against any loss or liability by reason of such settlement. Notwithstanding the foregoing sentence, if at
any time an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for fees and expenses
of counsel as contemplated by the second sentence of the foregoing paragraph, then the indemnifying party agrees that it shall
be liable for any settlement of any Proceeding effected without its written consent if (i) such settlement is entered into more
than 60 Business Days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall not
have reimbursed the indemnified party in accordance with such request prior to the date of such settlement and (iii) such indemnified
party shall have given the indemnifying party at least 30 Business Days’ prior notice of its intention to settle. No indemnifying
party shall, without the prior written consent of the indemnified party, effect any settlement of any pending or threatened Proceeding
in respect of which any indemnified party is or could have been a party and indemnity could have been sought hereunder by such
indemnified party, unless such settlement includes an unconditional release of such indemnified party from all liability on claims
that are the subject matter of such Proceeding.

 

9.          Term.
This Agreement shall become effective as of the date set forth in first paragraph of this Agreement and shall continue until two
years from such date and thereafter shall continue automatically for successive annual periods, provided that such continuance
is specifically approved at least annually by the Sponsor. This Agreement is terminable without penalty on sixty (60) days’
written notice by the Sponsor or by the Marketing Agent. This Agreement shall automatically terminate in the event of its assignment.

 

Upon the termination
of this Agreement, the Marketing Agent, at the Sponsor’s expense and direction, shall transfer to such successor, as the
Sponsor shall specify, all relevant books, records and other data established or maintained by the Marketing Agent under this Agreement.
Upon termination by either party to this Agreement, the Sponsor shall pay to the Marketing Agent only those expenses and fees incurred
prior to such termination and any reimbursements of out-of-pocket expenses actually incurred.

 

10.         Notice.
Any notice required or permitted to be given by any party to the other shall be deemed sufficient if sent by (i) telecopier (fax);
(ii) electronic mail with a confirming copy by regular mail; or (ii) registered or certified mail, postage prepaid, addressed by
the party giving notice to the other party at the last address furnished by the other party to the party giving notice:

 

if to the Trust or the Sponsor, at:

 

ETF Managers Capital, LLC

30 Maple St., Suite 2

Summit, NJ 07901

Attn: Bernard Karol, General Counsel

 

if to the Marketing Agent at:

 

ETFMG Financial LLC

30 Maple St., Suite 2

Summit, New Jersey 07901

Attn: Bernard Karol, General Counsel

 

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or such other telecopier (fax) number, electronic mail address
or mailing address as may be furnished by one party to the other.

 

11.         Confidential
Information. The Marketing Agent, its officers, directors, employees and agents will treat confidentially and as proprietary
information of the Trust, all records and other information relative to the Trust. If the Marketing Agent is requested or required
by, but not limited to, depositions, interrogatories, requests for information or documents, subpoena, civil investigation, demand
or other action, proceeding or process or as otherwise required by law, statute, regulation, writ, decree or the like to disclose
such information, the Marketing Agent will provide the Sponsor with prompt written notice of any such request or requirement so
that the Sponsor may seek an appropriate protective order or other appropriate remedy and/or waive compliance with this provision.
If such order or other remedy is not sought, or obtained, or waiver not received within a reasonable period following such notice,
then the Marketing Agent may without liability hereunder, disclose to the person, entity or agency requesting or requiring the
information, that portion of the information that is legally required in the reasonable opinion of the Marketing Agent’s
counsel.

 

12.         Miscellaneous.
Each party agrees to perform such further acts and execute such further documents as are necessary to effectuate the purposes hereof.
The Agreement shall be construed, interpreted and enforced in accordance with and governed by the laws of the State of New Jersey.
The captions in this Agreement are included for convenience of reference only and in no way define or delimit any of the provisions
hereof or otherwise affect their construction or effect. This Agreement may not be changed, waived, discharged or amended except
by written instrument that shall make specific reference to this Agreement and which shall be signed by the party against which
enforcement of such change, waiver, discharge or amendment is sought. This Agreement may be executed simultaneously in two or more
counterparts, each of which taken together shall constitute one and the same instrument.

 

The Sponsor shall provide
all information to the Marketing Agent necessary for the Marketing Agent to perform its obligations under applicable securities
laws and regulations as they relate to the transactions contemplated in this agreement; and agrees that its employees registered
with and supervised by the Marketing Agent will comply with the Written Supervisory Procedures of the Marketing Agent, which may
be amended from time to time.

 

[Signature Page to Follow]

 

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IN WITNESS WHEREOF, each of the
undersigned has executed this instrument in its name and behalf as of the date and year first above written.

 

	 	ETF MANAGERS CAPITAL, LLC
	 	 	 
	 	By:	 /s/ Samuel Masucci
	 	Name: Samuel Masucci
	 	Title: CEO
	 	 	 
	 	ETFMG FINANCIAL LLC.
	 	 	 
	 	By:	/s/ Samuel Masucci
	 	Name: Samuel Masucci
	 	Title: CEO
	 	 	 

 

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Schedule A

 

Marketing Agent Services

 

		§	Review marketing related legal documents and contracts.

 

		§	Consult with the Sponsor’s marketing staff and on development of FINRA compliant marketing
campaigns.

 

		§	Review and file applicable marketing materials with FINRA, including advertising regulatory and
disclosure guidance.

 

		§	Register and oversee supervisory activities of FINRA licensed registered representatives.

 

		§	Maintenance, reproduction and storage of applicable books and records related to the services provided
under this Agreement.

 

		§	Creation and redemption order confirmation and approval, as well as applicable recordkeeping relating
thereto, performed by the ETFMG Financial LLC ETP Order Desk.

 

    10

     

    

 

Schedule B

 

Funds

 

Sit Rising Rate ETF

 

    11EX-4.1

 Exhibit 4.1 
  

					
		  		 	
	  
 No.
	  	INCORPORATED UNDER THE LAWS OF THE UNITED STATES OF AMERICA	 	  

Shares            

			
		  	 PDL COMMUNITY BANCORP

Bronx, New York
  

FULLY PAID AND NON-ASSESSABLE
PAR VALUE $0.01 PER SHARE
	 	
			
	THIS CERTIFIES that	  		 	is the owner of
			
		  	SHARES OF COMMON STOCK OF	 	

 PDL COMMUNITY BANCORP 

a federally chartered subsidiary savings and loan holding company 

The shares evidenced by this certificate are transferable only on the books of PDL Community Bancorp by the holder hereof, in person or by
attorney, upon surrender of this certificate properly endorsed. 
 The interest in PDL Community Bancorp evidenced by this certificate may
not be retired or withdrawn except as provided in the Charter and Bylaws of PDL Community Bancorp. 
 IN WITNESS WHEREOF, PDL Community
Bancorp has caused this certificate to be executed by its duly authorized officers and has caused its seal to be hereunto affixed this      day of         , 2017. 

 

							
	  
	 		 	By	 	  

	LISSETTE MARTINEZ	 		 		 	CARLOS P. NAUDON
	CORPORATE SECRETARY	 		 		 	PRESIDENT AND CHIEF EXECUTIVE OFFICER

 The shares of common stock evidenced by
this certificate are subject to a limitation contained in the PDL Community Bancorp’s Charter to the effect that, for a period of five years from the date of
the reorganization from mutual to stock form of Ponce De Leon Federal Bank, no person other than PDL Community Bancorp shall directly or indirectly offer to acquire or acquire the beneficial ownership of more than 10% of any class of any equity
security of PDL Community Bancorp. This limitation shall not apply to the purchase of shares by underwriters in connection with a public offering or certain purchases of shares by a tax-qualified employee
stock benefit plan or a subsidiary of PDL Community Bancorp and any trustee of such a plan or arrangement. In addition, during this five-year period, all shares owned over the 10% limit may not be voted in any matter submitted to stockholders for a
vote. 
 For value received,                      hereby
sells, assigns and transfers unto 
 PLEASE INSERT SOCIAL SECURITY NUMBER OR OTHER IDENTIFYING NUMBER 

(please print or typewrite name and address including postal zip code of assignee) 

                 Shares of the Common Stock represented by the within
Certificate, and does hereby irrevocably constitute and appoint                      Attorney to transfer the said shares on the books of the
within-named corporation with full power of substitution in the premises. 
  

			
	Dated,	 	  

  

							
	In the presence of	 		 		 	Signature:

 NOTE: THE SIGNATURE TO THIS ASSIGNMENT MUST CORRESPOND WITH THE NAME OF THE STOCKHOLDER(S) AS WRITTEN UPON THE FACE OF THE
CERTIFICATE, IN EVERY PARTICULAR, WITHOUT ALTERATION OR ENLARGEMENT, OR ANY CHANGE WHATSOEVER.

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