Document:

EX-10.8

 Exhibit 10.8 

Atlassian Corporation 

Amended and Restated Non-Employee Director Compensation Policy 

The purpose of this Amended and Restated Non-Employee Director Compensation Policy (the “Policy”) of
Atlassian Corporation, a Delaware corporation (the “Company”), is to provide a total compensation package that enables the Company to attract and retain, on a long-term basis, high-caliber directors who are not employees or officers
of the Company or its subsidiaries (“Outside Directors”). The Policy reflects an amendment and restatement of the Atlassian Corporation Plc Non-Employee Director Compensation Policy (the
“Plc Policy”), primarily to reflect the assumption of the Plc Policy by the Company, and to provide for an Annual Grant (as defined below) to be made on December 2, 2022 and the assumption of all other obligations of Atlassian
Corporation Plc (“Atlassian UK”) thereunder by the Company in connection with the domiciliation of Atlassian UK from the United Kingdom to the United States, effective as of September 30, 2022 (the
“Redomicile”), and shall be construed accordingly. In furtherance of the purpose stated above, all Outside Directors shall be paid compensation for services provided to the Company as set forth below: 

 

	I.	 Cash Retainers 

 

	(a)	 Annual Retainer for Board Membership: $55,000 for general availability and participation in meetings and
conference calls of our Board of Directors. 

  

	(b)	 Additional Retainers for Chairperson of Committees: 

 

			
	Audit Committee Chairperson:	  	$20,000
		
	Compensation and Leadership Development Committee Chairperson:	  	$15,000
		
	Nominating and Corporate Governance Committee Chairperson:	  	$10,000

  

	(c)	 Additional Retainers for Chairperson of the Board: $50,000 to acknowledge the additional responsibilities and
time commitment of the Chairperson role. 

  

	II.	 Equity Retainers 

All grants of equity retainer awards to Outside Directors pursuant to this Policy will be automatic and nondiscretionary and will be made in accordance with
the following provisions: 
  

	(a)	 Value. For purposes of this Policy, “Value” means the product of (i) the fair market
value of one share of Class A common stock of the Company determined by the closing trading price of the Company’s Class A common stock on the grant date (or, if the grant date is not a trading day, the trading day immediately
preceding the grant date), and (ii) the aggregate number of shares pursuant to such award. 

  

	(b)	 Revisions. The Compensation and Leadership Development Committee (the “Committee”) in
its discretion may change or otherwise revise the terms of such awards (including in granting the awards in a form other than as RSUs) 

  

	(c)	 Equity Grant. On December 2, 2022 and on the date of each annual stockholders meeting
(“ASM”) thereafter, each non-employee director who continues as a non-employee director following December 2, 2022 or the applicable ASM,
automatically shall be granted RSUs on such date having a Value of $265,000 (the “Annual Grant”), rounded up to the nearest whole share. 

A new non-employee director who joins other than at an ASM (on the first eligible grant date following their
appointment to the Board) is granted a pro-rata proportion of an Annual Grant based on the time between their appointment and the next ASM. 

The Annual Grant vests in full on the earlier of: (i) the one-year anniversary of the grant date; and
(ii) the next ASM, subject to continued service as a director through the applicable vesting date, unless the Committee determines that circumstances warrant continuation of vesting. 

All such equity awards become fully vested in the event of a “Sale Event” (as defined in the Company’s Amended and Restated 2015 Share
Incentive Plan (the “Equity Plan”)) affecting the Company, in accordance with the terms of the Equity Plan. The RSUs are currently granted under the terms of the Equity Plan. 

 

	III.	 Expenses 

The Company would reimburse all reasonable expenses incurred by non-employee directors in connection with their service
on the Board. This would include expenses incurred for attending Board or committee meetings, or the Company may alternatively provide a travel allowance for such purpose. The Company may reimburse reasonable expenses for items which, for tax
purposes, would be treated as a taxable benefit, in which case the Company may also pay any such tax on behalf of the non-employee director or provide a tax gross-up. In
addition, the Company would provide liability-related insurance and indemnification benefits to non-employee directors. 
  

	IV.	 Other Matters 

In addition to the components of remuneration above, the Company has assumed all of Atlassian UK’s obligations under the Policy prior to the Redomicile
and will continue to deliver on any contractual entitlement to remuneration or benefits, and any cash or equity incentive awards, which are held by any current or former non-employee director on the effective
date of this Policy. Appropriate disclosure will be made of any remuneration paid (or similar) to a non-employee director pursuant to any such arrangements. 

 

	V.	 Stock Ownership Requirement 

Each non-employee director is required, within four years of their initial election to the Board, to own shares of
Class A common stock having an aggregate value of at least $265,000. Compliance with this requirement will be assessed on each July 1 based on the 90-day average closing price of the Company’s
Class A common stock ending on the trading day immediately preceding such date. 

  
 2 

 
Only Class A common stock owned in the following forms shall be considered in determining compliance with this requirement: shares held directly by, or in a grantor trust for the benefit of,
the non-employee director or their immediately family members; shares owned by a partnership, limited liability company or other entity to the extent of the non-employee
directors’ interest therein (or the interest therein of their immediate family members) but only if the non-employee director has or share power to vote or dispose of such stock; and shares underlying
vested RSUs that have not yet been settled. 
 Non-employee directors are subject to this stock ownership
requirement for as long as they continue to serve on the Board. Failure to meet this requirement may result in cash retainers being paid in the form of shares of Class A common stock and/or in a restriction being imposed on the non-employee director’s right to sell shares of Class A common stock, as determined by the Committee. The Committee, in its sole discretion, may evaluate whether exceptions to this requirement shall be
made in the event of severe financial hardship, a requirement to comply with a court order to transfer shares or as a result of significant stock price fluctuations. 

Effective Date: This Policy, as amended and restated, shall take effect on September 30, 2022, the effective date of the Board approving the
Company’s assumption and adoption of the Policy and will supersede and replace any policy or prior practice previously maintained by Atlassian UK or any of its affiliates that may have been applicable to the Outside Directors, including,
without limitation, the Plc Policy. 

  
 3AMENDMENT
5

This amendment
(the “Amendment”) between the parties signing below (“Parties”) amends the Existing Agreement
as of October 1, 2022 (the “Effective Date”):

	Term	Means
	“Existing
    Agreement”	The
    Marketing Agent Agreement among ALPS, the General Partner and the Fund dated as of March 13, 2006, as amended
	“ALPS”	ALPS
    Distributors, Inc.
	“General
    Partner”	United
    States Commodity Funds LLC
	“Fund”	United
    States Oil Fund, LP

Except as
amended hereby, all terms of the Existing Agreement remain in full force and effect. This Amendment includes the amendments in
Schedule A and general terms in Schedule B.

 

IN
WITNESS WHEREOF, the Parties have caused this Amendment to be executed by their duly authorized representatives.

	ALPS DISTRIBUTORS, INC.	 	UNITED STATES COMMODITY FUNDS LLC
	 	 	 
	By:	/s/ Stephen Kyllo	 	By:	/s/ John P. Love
	 	 	 	 	 
	Name:	Stephen Kyllo	 	Name:	John P. Love
	 	 	 	 	 
	Title:	SVP & Director	 	Title:	President & CEO
	 	 	 	 	 

 

	UNITED
    STATES OIL FUND, LP, by United States Commodity Funds LLC as General partner

 

	By:
	/s/ John P. Love
	 	 
	Name:
	John
    P. Love
	 	 
	Title:
	President
    & CEO

 

Marketing Agent
Agreement Amendment 5

    	 

    	 

    

Schedule
A to this Amendment

Amendments

Effective
as of Effective Date, the Existing Agreement is amended as follows:

		1.	The
                                         following shall be added to the end of Section 4.1:

“In
carrying out its duties and obligations pursuant to this Agreement, some or all services may be delegated by Marketing Agent to
one or more of its affiliates or other Persons (and any required Fund and/or General Partner consent to such delegation shall
not be unreasonably revoked or withheld in respect of any such delegations), provided that such affiliates or other Persons are
selected in good faith and with reasonable care and are monitored by Marketing Agent. If Marketing Agent delegates any services,
(i) such delegation shall not relieve Marketing Agent of its duties and obligations hereunder, and (ii) if required by applicable
Law, Marketing Agent will identify such agents and the services delegated and will update Fund and/or General Partner when making
any material changes in sufficient detail to enable Fund and/or General Partner to object to a particular arrangement.”

		2.	Section
                                         4.3 of the Existing Agreement shall be deleted in its entirety and replaced with the
                                         following new Section 4.3:

“4.3
Marketing Agent Fee. The Marketing Agent shall be paid by the General Partner for the services of the Marketing Agent as
marketing agent to the Fund hereunder, a fee for its services, calculated daily and payable monthly, as follows (the “Fee”):
2.5 basis points of the Fund’s total net assets.

 

The
General Partner shall reimburse Marketing Agent for all associated expenses with respect to the performance of Marketing Agent
services performed hereunder, including the cost of placing advertisements in various periodicals; web construction and development;
and the printing and production of various marketing materials.”

		3.	Exhibit
                                         C of the Existing Agreement shall be deleted in its entirety and replaced with
                                         the following new Exhibit C attached hereto.

    	Page 2 of 5

    	 

    

EXHIBIT
C

SCHEDULE
OF SERVICES

With respect to the provision of
Marketing Agent Support Services, Marketing Agent shall perform the following:

 

		·	Fund
                                         call center support

 

Capital Markets:

 

		·	Answer
                                         questions from Market Makers (“MMs”) regarding portfolio holdings, portfolio
                                         trading clarity and Net Asset Value pricing

		·	Coordinate
                                         MM block trades with designated Authorized Participants for creations/redemptions

		·	Coordinate
                                         trades with Lead Market Makers (“LMMs”) or other MMs for large trades or
                                         tighter pricing strategies

		·	Distribute
                                         marketing material to MMs who in turn can distribute to interested clients

		·	Handle
                                         settlement issues between custodian and Authorized Participants and MMs

		·	Coordinate
                                         with Marketing Agent’s designated web team with respect to website and MM holdings
                                         file support

		·	Coordinate
                                         with the Marketing Agent’s order desk regarding creation and redemption orders

 

Marketing Agent Operations:

 

		·	Maintain
                                         and supervise FINRA registrations for licensed individuals

		o	Coordinate Continuing Education
requirements

		o	Administer & maintain
required filings/licenses with FINRA

		·	Provide
                                         Fund advertising and sales literature review, approval and record maintenance of online
                                         submission, review/approval and real-time status updates through SS&C Advertising
                                         Review Portal

		o	File required materials with
FINRA

		o	Provide advertising regulatory
and disclosure guidance

		o	Consult and support client’s
marketing model and strategy

		·	Exchange-Traded
                                         Product Order Processing Oversight

		·	Intermediary/AP
                                         Services

		o	Due Diligence and Oversight
Services

		o	Facilitate document delivery
and communicate announcements

		o	AP Agreement Retention –
Online access provided via the Client Portal

 

Creative Services:

 

Brand Management,
Design, Graphic Production, Web Development, Maintenance & Hosting. Marketing Agent or its designee will provide design,
development, maintenance and hosting for the website, along with the design and production of marketing materials and brand management,
on behalf of the General Partner and/or the Funds. The design, development and production of web and marketing materials are based
on content provided by General Partner and brand guidelines as created by Marketing Agent or its designee, as approved by the
General Partner. Marketing Agent or its designee will work closely with General Partner to ensure messaging and layout is approved
for all projects. Project completion will be based on the receipt of required content from General Partner and its Fund Accountant,
and approvals by General Partner.

 

Design and Graphic Production
– Project Scope to Include

		·	Design
                                         and production of materials, to include:

		o	Collateral

		o	Marketing Materials (digital
and print)

		o	Presentation Decks

		o	Advertisements

		o	Regulatory report covers

		·	Email
                                         Blasts

		o	Design, HTML Development
and Distribution (distribution lists to be managed and provided by the General Partner)

		o	Report monthly results to
the General Partner’s Chief Marketing Officer

    	Page 3 of 5

    	 

    

Web Design,
Development and Maintenance – Project Scope to Include

		·	Fully
                                         customizable site (additional hours and fees may apply to project scope changes and
                                         development as agreed upon, in writing, by Marketing Agent or its designee and the General
                                         Partner)

		·	Maintenance
                                         and Hosting of website

		·	All
                                         content and data to be reviewed/provided and approved by General Partner to Marketing
                                         Agent or its designee

		·	Screen
                                         shots of edits will be provided to General Partner for review and approval before being
                                         assisted by the Creative Services team to initiate the needed compliance review (if applicable)
                                         and approval process

 

SSL Certificate – Secured
Website Project Scope 

		·	As
                                         the domain owner, to facilitate and place an SSL certificate for the URL/Fund website
                                         and required server updates, General Partner will be responsible as communicated by Marketing
                                         Agent or its designee to complete domain process for the renewal of the certificate

    	Page 4 of 5

    	 

    

Schedule
B to this Amendment

General
Terms

		1.	Capitalized
                                         terms not defined herein shall have the meanings given to them in the Existing Agreement.

		2.	The
                                         Parties’ duties and obligations are governed by and limited to the express terms
                                         and conditions of this Amendment, and shall not be modified, supplemented, amended or
                                         interpreted in accordance with, any industry custom or practice, or any internal policies
                                         or procedures of any Party. This Amendment (including any attachments, schedules and
                                         addenda hereto), along with the Existing Agreement, as amended, contains the entire agreement
                                         of the Parties with respect to the subject matter hereof and supersedes all previous
                                         communications, representations, understandings and agreements, either oral or written,
                                         between the Parties with respect thereto.

		3.	This
                                         Amendment may be executed in counterparts, each of which when so executed will be deemed
                                         to be an original. Such counterparts together will constitute one agreement. Signatures
                                         may be exchanged via facsimile or electronic mail and signatures so exchanged shall be
                                         binding to the same extent as if original signatures were exchanged.

		4.	This
                                         Amendment and any dispute or claim arising out of or in connection with it, its subject
                                         matter or its formation (including non-contractual disputes or claims) shall be governed
                                         by and construed in accordance with the laws of the same jurisdiction as the Existing
                                         Agreement.

    	Page 5 of 5

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00349-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00349-of-00352.parquet"}]]