Document:

EX-10.6 FORM OF DISTRIBUTION SERVICE AGREEMENT

 

Exhibit 10.6

DISTRIBUTION SERVICES AGREEMENT

     THIS DISTRIBUTION SERVICES AGREEMENT (the “Agreement”) is made and entered into
effective the 16th day of January, 2007 (the “Effective Date”) by and among GreenHaven
Continuous Commodity Index Tracking Fund, a Delaware statutory trust (the “Fund”), ALPS
Distributors, Inc., a Colorado corporation and a registered broker-dealer under the Securities
Exchange Act of 1934 (the “Distributor”), and GreenHaven Commodity Services, LLC, a
Delaware limited liability company (the “Managing Owner”). Capitalized terms that are used
but are not defined herein shall have the same meanings ascribed to them in the Fund’s Prospectus
included in its Registration Statement on Form S-1 (Registration No. ___), as such Prospectus
may be amended or supplemented from time to time.

     WHEREAS, the Managing Owner serves as the sole managing owner of the Fund; and

     WHEREAS, the Managing Owner and the Fund wish to engage the Distributor to provide the
services listed on Schedule “A” hereto and such additional services as may be agreed and
added to such Schedule from time to time Hereinafter, the “Services”).

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

     1.      Provision of the Services. The Distributor hereby agrees to provide the Services
to the Fund, and the Managing Owner and the Fund accepts the provision of the Services by the
Distributor.

     2.      Fees for the Services. In exchange for the Distributor’s provision of the
Services, the Managing Owner agrees to pay to the Distributor a fee in an amount to be agreed upon
in writing by the parties hereto from time to time, subject to any limitation imposed by any
applicable law, rule or regulation.

     3.      Expenses and Disbursements. The Managing Owner shall reimburse the Distributor for
any reasonable expenses or disbursements incurred by the Distributor in connection with the
performance by the Distributor of its Services hereunder. For any expenses or disbursements in
excess of $10,000, the Distributor will obtain the prior written consent of the Managing Owner.
Unless otherwise agreed to by the parties hereto in writing, the Distributor shall not be
responsible for the expenses and disbursements incurred in connection with: (a) preparing, setting
in type, filing, printing and mailing to the public any Registration Statement, Prospectus or
Statement of Additional Information, and any amendments and supplements to any of the foregoing,
used in connection with the offering of the Shares for sale to the public, and sending any such
documents and information to existing Fund shareholders; (b) preparing, setting in type, printing
and mailing any report (including annual and semi-annual reports) or other communication to
shareholders of the Fund; and (c) the “Blue Sky” registration and qualification of the Shares for
sale in the various states in which the officers of the Fund shall determine it advisable to
qualify such Shares for sale (including registering the Fund as a broker or dealer or any officer
of the Fund as an agent or salesman in any such state).

     4.      Documents. To assist the Distributor in providing such Services, the Fund has
furnished, or will furnish upon the Distributor’s written request, the Distributor with copies of
the Fund’s Declaration of Trust, Advisory Agreement, Custodian Agreement, Transfer Agency
Agreement, Administration Agreement and current Registration Statement, Prospectus and Statement of
Additional Information, and all forms relating to any plan, program or service offered by the Fund.
The Fund shall promptly furnish to the Distributor copies of any amendment or supplement to any of
the aforementioned documents. Upon the Distributor’s written request, the Fund shall promptly
furnish to the Distributor any

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additional documents deemed by it to be reasonably necessary or advisable in order for it to
provide the Services hereunder. As used in this Agreement the terms “Registration Statement,”
“Prospectus” and “Statement of Additional Information” shall mean any registration statement,
prospectus and statement of additional information filed by the Fund with the Securities and
Exchange Commission (“SEC”) and any amendments and supplements thereto that are filed with
the SEC.

     5.      Authorized Representations. The Distributor is not authorized by the Fund to give
any information or to make any representations other than those contained in the Registration
Statement, the Prospectus and the Statement of Additional Information, or contained in shareholder
reports or other material that may be prepared by or on behalf of the Fund for the Distributor’s
use. Consistent with the foregoing, the Distributor may prepare and distribute sales literature or
other material as it may deem appropriate in consultation with the Fund, provided that such sales
literature complies with applicable law and regulations.

     6.      Registration of the Shares. The Fund agrees that it will take all action necessary
to register the Shares under the 1933 Act (subject to the necessary approval of its shareholders).
The Fund shall make available to the Distributor, at the Distributor’s expense, such number of
copies of the Fund’s Prospectus and Statement of Additional Information as the Distributor may
reasonably request. The Fund shall furnish to the Distributor copies of all information, financial
statements and other papers which the Distributor may reasonably request in writing for use in
connection with the distribution of the Shares of the Fund.

     7.      Use of the Distributor’s Name. The Fund shall not use the name of the Distributor,
or any of its affiliates, in any Prospectus or Statement of Additional Information, sales
literature and other material relating to the Fund in any manner without the prior written consent
of the Distributor (which consent shall not be unreasonably withheld); provided, however, that the
Distributor hereby approves all lawful uses of its name and the names of its affiliates in the
Prospectus and Statement of Additional Information of the Fund and in all other materials which in
each case merely refer to accurate terms to the Distributor’s engagement hereunder or which are
required by the SEC, NASD, OCC or any state securities authority.

     8.      Use of the Fund’s Name. Neither the Distributor nor any of its affiliates shall
use the Fund’s name in any publicly disseminated materials, including but specifically not limited
to sales literature, in any manner without the prior consent of the Fund (which consent shall not
be unreasonably withheld); provided, however, that the Fund hereby approves all lawful uses of its
name in any required regulatory filings of the Distributor which in each case merely refer in
accurate terms to the Distributor’s engagement hereunder, or which are required by the SEC, NASD,
OCC or any state securities authority.

     9.      Indemnification.

          (a)       The Fund agrees to indemnify and hold harmless the Distributor, its directors and
officers, and each person, if any, who “controls” the Distributor (within the meaning of Section 15
of the 1933 Act), against any loss, liability, claim, damages or expenses (including the reasonable
cost of investigating or defending any alleged loss, liability, claim, damages or expense and
reasonable counsel fees incurred in connection therewith) arising by reason of any person acquiring
any of the Shares, based upon the finding that the Registration Statement, Prospectus, Statement of
Additional Information, shareholder report or other information filed or made public by the Fund
(as any such material is from time to time amended or supplemented) included an untrue statement of
a material fact or omitted to state a material fact required to be stated or necessary in order to
make the statements not misleading under the 1933 Act or any other statute or the common law.
However, the Fund does not agree to indemnify the Distributor or hold it harmless to the extent
that the statement or omission was made in reliance upon, and in conformity with, information
furnished to the Fund by or on behalf of the Distributor. In no case: (i) is

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the indemnity of the Fund in favor of the Distributor or any person indemnified hereunder to be
deemed to protect the Distributor or any such person against any liability to the Fund or its
security holders to which the Distributor or such person 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; or (ii) is the Fund to
be liable under its indemnity agreement contained in this paragraph (a) with respect to any claim
made against the Distributor or any person indemnified unless the Distributor or person, as the
case may be, shall have notified the Fund in writing of the claim promptly after the summons or
other first written notification giving information of the nature of the claims shall have been
served upon the Distributor or any such person (or after the Distributor or such person shall have
received notice of service on any designated agent). However, failure to notify the Fund of any
claim shall not relieve the Fund from any liability which it may have to any person against whom
such action is brought otherwise than on account of its indemnity agreement contained in this
paragraph. The Fund shall be entitled to participate at its own expense in the defense, or, if it
so elects, to assume the defense of any suit brought to enforce any claims, and if the Fund elects
to assume the defense, then the defense shall be conducted by counsel chosen by the Fund. If the
Fund elects to assume the defense of any suit and retain counsel, then the Distributor, its
officers and directors, and any controlling person(s), in their capacity as defendant(s) in the
suit, shall bear the fees and expenses of any additional counsel retained by them. If the Fund does
not elect to assume the defense of any suit, then it will reimburse the Distributor, its officers
and directors, and any controlling person(s) in their capacity as defendant(s) in the suit, for the
reasonable fees and expenses of any counsel retained by them. The Fund agrees to notify the
Distributor promptly of the commencement of any litigation or proceeding against the Fund or any of
its trustees, officers, managers, members, employees, representatives and agents in connection with
the issuance or sale of any of the Shares.

          (b)       The Distributor also covenants and agrees that it will indemnify and hold harmless the
Fund, the Managing Owner, and each of their respective trustees, officers, managers, members,
employees, representatives and agents, and any person who controls the Fund or the Managing Owner
within the meaning of Section 15 of the 1933 Act (each, an “Indemnified Party”), against any loss,
liability, damages, claims or expense (including the reasonable cost of investigating or defending
any alleged loss, liability, damages, claim or expense and reasonable counsel fees incurred in
connection therewith) arising by reason of any person acquiring any of the Shares, based upon the
1933 Act or any other statute or common law, alleging: (a) any wrongful act of the Distributor or
any of its directors, officers, employees, representatives or agents; or (b) that any sales
literature, advertisements, information, statements or representations used or made by the
Distributor or any of its affiliates or employees or that the Registration Statement, Prospectus or
Statement of Additional Information (as each of the foregoing is from time to time amended or
supplemented) included an untrue statement of a material fact or omitted to state a material fact
required to be stated or necessary in order to make the statements not misleading, insofar as the
statement or omission was made in reliance upon, and in conformity with, information furnished to
the Fund or the Managing Owner by or on behalf of the Distributor. In no case: (i) is the
indemnity of the Distributor in favor of an Indemnified Party to be deemed to protect any such
Indemnified Party against any liability to which the Indemnified Party 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, or (ii) is
the Distributor to be liable under its indemnity agreement contained in this paragraph (b) with
respect to any claim made against any Indemnified Party unless such Indemnified Party shall have
notified the Distributor in writing of the claim promptly after the summons or other first written
notification giving information of the nature of the claim shall have been served upon such
Indemnified Party (or after such Indemnified Party shall have received notice of service on any
designated agent). However, failure to notify the Distributor of any claim shall not relieve the
Distributor from any liability which it may have to the Indemnified Party against whom the action
is brought otherwise than on account of its indemnity agreement contained in this paragraph. In the
case of any notice to the Distributor it shall be entitled to participate, at its own expense, in
the defense or, if it so elects, to assume the defense of any suit brought to enforce the claim,

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and if the Distributor elects to assume the defense, then the defense shall be conducted by counsel
chosen by it and satisfactory to the Indemnified Party, in its capacity as a defendant in the suit.
If the Distributor elects to assume the defense of any suit and retain counsel, then the
Indemnified Party, in its capacity as a defendant in the suit, shall bear the fees and expense of
any additional counsel retained by it. If the Distributor does not elect to assume the defense of
any suit, then it will reimburse the Indemnified Party for the reasonable fees and expenses of any
counsel retained by it. The Distributor agrees to notify the Indemnified Party promptly of the
commencement of any litigation or proceedings against it in connection with the issuance or sale of
any of the Shares.

     10.      Supplemental Information.

          (a)       The Distributor and the Fund shall regularly consult with each other regarding the
Distributor’s performance of its obligations under this Agreement. In connection therewith, the
Fund shall submit to the Distributor at a reasonable time in advance of filing with the SEC
reasonably final copies of any amended or supplemented Registration Statement (including exhibits)
under the 1933 Act; provided, however, that nothing contained in this Agreement shall in any way
limit the Fund’s right to file at any time such amendments to any Registration Statement and/or
supplements to any Prospectus or Statement of Additional Information, of whatever character, as the
Fund may deem advisable, such right being in all respects absolute and unconditional.

          (b)       The Distributor acknowledges that the only information provided to it by the Fund is that
contained in the Registration Statement, the Prospectus, the Statement of Additional Information
and reports and financial information referred to herein. Neither the Distributor nor any other
person is authorized by the Fund to give any information or to make any representations, other than
those contained in such documents and any sales literature or advertisements specifically approved
by appropriate representatives of the Fund.

     11.      Term. This Agreement is effective as of the Effective Date and shall continue for
two (2) years following such date (the “Initial Term”), unless sooner terminated as
provided herein. Following the expiration of the Initial Term, this Agreement shall continue
automatically for successive one (1) year periods (each, a “Renewal Term”), provided that
such continuance is specifically approved at least annually by the Managing Owner. This Agreement
is terminable without penalty on sixty (60) days’ written notice by the Managing Owner or by the
Distributor. This Agreement shall automatically terminate in the event of its assignment. Upon the
termination of this Agreement, the Distributor, at the Fund’s expense and direction, shall transfer
to such successor distributor as the Fund shall specify all relevant books, records and other data
established or maintained by the Distributor under this Agreement.

     12. Notice. Any notice required or permitted to be given by any party to the other
parties hereunder shall be deemed sufficient if sent by (i) telecopier (receipt confirmed) or
electronic (email) delivery, (ii) overnight courier service such as United Parcel Service of
Federal Express, or (iii) registered or certified mail, postage prepaid, addressed by the party
giving notice to the other parties at the last address furnished by the other parties to the party
giving notice:

if to the Fund or the Managing Owner, at:

3340 Peachtree Road, Suite 1910

Atlanta, Georgia 30326

Attention: Ashmead F. Pringle, III

Facsimile No.: (404)

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if to the Distributor, at:

1625 Broadway, Suite 2200,

Denver, Colorado, 80202

Attn: General Counsel

Facsimile No.: (303) 623.7850

or such other telecopier number, email address or street address as may be furnished by one party
to the other.

     13      Confidential Information. The Distributor and its officers, directors, employees
and agents will treat confidentially and as proprietary information of the Fund all records and
other information relative to the Fund and with respect to the Fund’s prior or present shareholders
or to those persons or entities who respond to the Distributor’s inquiries concerning investment in
the Fund, and will not use such records and information for any purposes other than in the
performance of its Services hereunder. If the Distributor 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, then the Distributor
will provide the Fund with prompt written notice of any such request or requirement so that the
Fund may seek an appropriate protective order or other appropriate remedy and/or waive compliance
with this Section 13. If such order or other remedy is not sought or obtained, or if a waiver is
not received within a reasonable period following such notice, then the Distributor 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 to disclose in the reasonable
opinion of the Distributor’s counsel.

     14.     Limitation of Liability.

          (a)       The Distributor agrees that the obligations assumed by the Fund under this Agreement
shall be limited in all cases to the Fund and its assets, except as expressly set forth herein. The
Distributor agrees that it shall not seek satisfaction of any such obligation from the Fund’s
shareholders, from any individual shareholder, or from the trustees, officers, representatives or
agents of the Fund, nor shall the Distributor seek satisfaction of any such obligations from the
Managing Owner or its members, managers, directors or officers.

          (b)      Any obligations of the Fund entered into in its name or on its behalf by the Managing
Owner through its members, managers, officers, representatives or agents are not made individually
but are made in such capacities, and are not binding upon any of the Managing Owner or its members,
managers, officers, representatives or agents personally, but bind only the Fund property, and all
persons dealing with the Fund must look solely to the Fund property for the enforcement of any
claims against the Fund.

     15.      Miscellaneous. Each party hereto agrees to perform such further acts and to
execute such further documents as are necessary to effectuate the purposes hereof. This Agreement
shall be governed by, construed, interpreted and enforced in accordance with the laws of the State
of Colorado. 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 a 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. All

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activities by the Distributor and its agents and employees as the distributor of the Shares shall
comply with all applicable laws, rules and regulations including, without limitation, all rules and
regulations made or adopted by the SEC or any securities association registered under the Exchange
Act. The Distributor will promptly transmit to the Fund’s Transfer Agent any orders received by
the Distributor for the purchase, redemption or exchange of the Shares.

Remainder of page intentionally left blank. Signature page follows.

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     IN WITNESS WHEREOF, each of the parties hereto has executed this Agreement as of the date set
forth beneath the parties’ respective names below, with the Agreement to be effective as of the
Effective Date.

	 	 	 	 	 
	 	GREENHAVEN CONTINUOUS COMMODITY INDEX TRACKING FUND

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	Trustee	 
	 	Dated: 	 	 
	 

	 	 	 	 	 
	 	ALPS DISTRIBUTORS, INC.

 	 
	 	By:  	 	 
	 	 	Name:  	Jeremy O. May 	 
	 	 	Title:  	Managing Director	 
	 	Dated: 	 	 
	 

	 	 	 	 	 
	 	GREENHAVEN COMMODITY SERVICES, LLC

 	 
	 	By:  	
 	 
	 	 	Name:  	Ashmead F. Pringle, III 	 
	 	 	Title:  	Manager 	 
	 	Dated: 	 	 
	 

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Schedule A

List of Services

The Distributor will provide the following Services to the Fund:

	 	•	 	Review distribution-related legal documents and contracts.
	 
	 	•	 	Coordinate the processing of Share creations with Fund’s Transfer Agent.
	 
	 	•	 	Coordinate and help to maintain Fund creation and redemption records.
	 
	 	•	 	Consult with the Managing Owner’s marketing staff on the development of compliant
marketing campaigns.
	 
	 	•	 	Review and file all marketing materials (including internet sites) with the
appropriate regulatory agencies.
	 
	 	•	 	Consult with the Managing Owner on marketing/sales strategy
	 
	 	•	 	800 line telephone servicing

Distribution fees will be waived for the Initial Term of the Agreement.

8EX-10.7 LICENSE AGREEMENT

 

Exhibit 10.7

LICENSE AGREEMENT

     THIS LICENSE AGREEMENT (the “Agreement”) dated as of July 19, 2006 (the “Effective Date”), is
made and entered, into by and between REUTERS AMERICA LLC (“Licensor”), a Delaware limited
liability company having an office at Three Times Square, New York, NY 10036, and GreenHaven, LLC
(“Greenhaven”), a Georgia limited liability company having an office at 3340 Peachtree Road, Suite
1910, Atlanta, Georgia 30326 (“Licensee”).

     WHEREAS, Licensor compiles, calculates, maintains and owns rights in and to the Continuous
Commodity Index, also known as the CCI (as well as the subindices to that Index, and total return
and excess return values, as named in Exhibit C), and to the proprietary data contained therein;
and

     WHEREAS, Licensee wishes to use the Index value, Subindex values, Total Return values, and
Excess Return values as the basis of the product(s) described in Exhibit A hereto (the
“Product(s)”); and

     WHEREAS,
Licensee or its affiliates wishes to use the Index name (the “Marks”) in connection
with the issuance, marketing and/or promotion of the Product(s) under applicable law, rules and
regulations in order to indicate that Licensor is the source of the Index; and

     WHEREAS, Licensor wishes to license to Licensee the use of the Index and the Marks in
connection with the Product(s), all in accordance with the terms and conditions hereinafter set
forth;

     NOW, THEREFORE, the parties hereto agree as follows:

1. Grant and Scope of License.

     (a) Subject to the terms and conditions of this Agreement, Licensor hereby grants Licensee a
non-transferable, non-exclusive, limited license, with no right to sublicense (other than as
detailed below), (i) to use the calculated values for the Index, Subindex, Total Return, and
Excess Returns specified in Exhibit C as a component of the Product(s) described in Exhibit A to
be created, issued, offered, written and/or sold by Licensee and (ii) to use and refer to the
Marks in connection with the marketing and promotion of such Product(s), management.
administration, listing of the Products, and in connection with making such disclosure about the
Product(s) whichever is relevant as Licensee deems necessary or desirable under any applicable
law, rules or regulations, but, in each case, only to the extent necessary to indicate the
Products are based upon the Index and to indicate that Reuters is the source of the Index and
subject to Section 4. It is expressly agreed and understood by Licensee that no rights to use the
Index or the Marks are granted hereunder other than those specifically described and expressly
granted herein. Licensee may sublicense the right to use and refer to the Marks as detailed in
(ii) above to those who promote, market, maintain, manage and sell the Products on behalf of

 

 

Licensee for the sole purpose of enabling such entities to promote, market, maintain and sell the
Products, provided that no such sublicense shall be made except with respect to the Products and
then only to the extent of the rights expressly granted to Licensee pursuant to this Agreement.

     (b) The parties agree that this Agreement does not obligate Licensor to provide or deliver the Index
values and/or related data to Licensee and Licensee shall be required to obtain such Index values
and/or related data from an authorized distributor of such Index values and/or related data.

2.Term and Termination.

     (a) This Agreement shall commence on the Effective Date and shall continue
in effect for two (2) years (“Initial Term”);

     (b) After the Initial Term, this Agreement shall automatically renew for
successive one-year periods (each a “Renewal Term”) unless and until (i) Licensor or
Licensee terminates this Agreement at the expiration of the Initial Term or any Renewal
Term by giving at least one hundred eighty (180) days’ prior written notice to the other
parties, or (ii) terminated as set forth below.

     (c) Licensor shall have the right to terminate this Agreement in the event of any material
breach of this Agreement by Licensee, which breach is not cured within thirty (30) days following
Licensee’s receipt of written notice from Licensor of such breach;

     (d) Licensor shall have the right to terminate this Agreement one hundred eighty (180) days
following the date upon which Licensor provides written notice to Licensee that Licensor is
suspending offering the Index to licensees in general.

3. License Fees and Reporting.

     (a) As consideration for the license granted under the Agreement, Licensee shall pay to
Licensor the fees (“License Fees”) calculated as set forth on Exhibit B hereto. Licensee
shall pay the License Fees within thirty (30) business days after the end of the calendar quarter
of Licensee’s receipt of Licensor’s invoice to which the License Fees relate. All amounts shall be paid in cash and
shall be non-refundable. All amounts stated are net of any withholding taxes, such that the
amounts due and payable to Licensor under this Agreement, after any applicable deduction or
withholding for or on account of any present or future taxes, levies, imposts, duties, fees,
assessments or other charges of whatever nature now or hereafter imposed, will not be less than
the amounts set forth on Exhibit B.

     (b) Licensee shall deliver to Licensor, within ten (10) business days after each calendar
quarter during the Term, a written report, upon which Licensor’s invoice

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referenced in Section 3(a) will be based, detailing (i) maximum daily total assets, (ii) minimum
daily total assets, and (iii) average daily official closing amount of total assets, invested in
the Products during the preceding calendar quarter, based upon business days during which any of
the trading venues upon which the Products may be traded having been open for trading.

     (c) Licensor shall have the right to audit on a confidential basis the relevant
books and records of Licensee to confirm the accuracy of any one or more calculations of
License Fees. Licensor shall bear its own costs of any such audit unless it is determined
that Licensor has been underpaid by 5% or more with respect to the payments being
audited, in which, case Licensor’s costs of such audit shall be paid by Licensee.

     (d) Licensee shall be responsible for all costs associated with the receipt of the
Index.

4. Informational Materials Review.

     (a) Licensee shall use its best efforts to protect the goodwill and reputation of the Index
and of the Marks in connection with its use of the Marks under this Agreement.

     (b) Licensee shall submit to Licensor for its review and approval all prospectuses,
registration statements, advertisements, brochures and promotional and any other similar
informational materials (including documents required to be filed with governmental or regulatory
agencies) relating to the Product(s) and that in any way use or refer to Licensor or the Index (the
“Informational Materials”). Licensor will use reasonable endeavors to provide approval or
comments within 5 business days. In any event, approval by Licensor hereunder shall not be
unreasonably withheld or delayed. Once Informational Materials have been approved by Licensor,
subsequent Informational Materials that do not alter the use or description of Licensor and the
index need not be submitted for review and approval by Licensor.

     (c) In each item of Informational Material, Licensee shall use only the full
name of the Index, and shall not use any abbreviation therefor.

5.  Proprietary Rights.

     (a) Licensee acknowledges that the Index is selected, coordinated, arranged and prepared by
Licensor through the application of methods and standards of judgment used and developed through
the expenditure of considerable work, time and money by Licensor. Licensee also acknowledges that,
as between Licensee and Licensor, the Marks are the exclusive property of Licensor, that Licensor
has and retains all proprietary rights therein (including, but not limited to, trademarks and
copyrights) and that the Index and its compilation and composition and changes therein are in the
control and sole discretion of Licensor.

     (b) Licensor reserves all rights with respect to the Index and the Marks except those
expressly licensed to Licensee hereunder.

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     (c) The following notice will appear at the foot of any list or table which reproduces in
whole or substantial part the Index: “Copyright 200[ ]. Reuters America LLC.
Used with permission.”

6. Warranties; Disclaimers; Indemnification.

     (a) Licensee agrees expressly to be bound itself by and furthermore to include all of the
following disclaimers and limitations in its Informational Materials and any contract(s) relating
to the Product(s) and upon request to furnish a copy (copies) thereof to Licensor:

     “THE
PRODUCT(S) IS NOT SPONSORED, ENDORSED, SOLD OR PROMOTED BY REUTERS AMERICA LLC
(“REUTERS”), OR ANY OF ITS SUBSIDIARIES OR AFFILIATES (COLLECTIVELY THE “LICENSOR”), LICENSOR
MAKES NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, TO THE OWNERS OF
THE PRODUCT(S) OR ANY MEMBER OF THE PUBLIC REGARDING THE ADVISABILITY OF INVESTING IN SECURITIES OR COMMODITIES
GENERALLY OR IN THE PRODUCT(S) PARTICULARLY OR THE ABILITY OF THE INDEX TO TRACK GENERAL
COMMODITY MARKET PERFORMANCE. LICENSOR’S ONLY RELATIONSHIP TO [LICENSEE NAME] (“LICENSEE”) IS THE
LICENSING OF THE INDEX, WHICH IS DETERMINED, COMPOSED AND CALCULATED BY LICENSOR WITHOUT REGARD TO
THE LICENSEE OR THE PRODUCT(S). LICENSOR HAS NO OBLIGATION TO TAKE THE NEEDS OF THE LICENSEE OR
THE OWNERS OF THE PRODUCT(S) INTO CONSIDERATION IN DETERMINING,
COMPOSING OR CALCULATING THE INDEX.
LICENSOR IS NOT RESPONSIBLE FOR AND HAVE NOT PARTICIPATED IN THE DETERMINATION OF THE TIMING OF,
PRICES AT, OR QUANTITIES OF THE PRODUCT(S) TO BE ISSUED OR IN THE DETERMINATION OR CALCULATION OF
THE EQUATION BY WHICH THE PRODUCT(S) IS TO BE CONVERTED INTO CASH. LICENSOR HAS NO OBLIGATION OR
LIABILITY IN CONNECTION WITH THE ADMINISTRATION, MARKETING OR TRADING OF THE PRODUCT(S).

     LICENSOR AND ITS AFFILIATES AND THEIR RESPECTIVE DIRECTORS, OFFICERS, EMPLOYEES AND AGENTS
MAY BUY OR SELL SECURITIES OR COMMODITIES MENTIONED OR CONTEMPLATED HEREIN AS AGENT OR AS
PRINCIPAL FOR THEIR OWN ACCOUNTS AND MAY HAVE POSITIONS OR ENGAGE IN TRANSACTIONS BASED ON OR
INDEXED TO THE INDEX. IT IS POSSIBLE THAT LICENSOR’S TRADING ACTIVITY WILL AFFECT THE VALUE OF THE
INDEX. LICENSOR MAY OPERATE AND MARKET OTHER INDICES THAT MAY COMPETE WITH THE INDEX.

     LICENSOR DOES NOT GUARANTEE THE QUALITY, ACCURACY AND/OR THE COMPLETENESS OF THE INDEX OR
ANY DATA INCLUDED THEREIN. LICENSOR MAKES NO WARRANTY, EXPRESS OR IMPLIED, AS TO

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RESULTS TO BE OBTAINED BY LICENSEE, OWNERS OF THE PRODUCT(S), OR ANY OTHER PERSON OR ENTITY FROM
THE USE OF THE INDEX OR ANY DATA INCLUDED THEREIN IN CONNECTION WITH THE RIGHTS LICENSED HEREUNDER
OR FOR ANY OTHER USE. LICENSOR MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND HEREBY EXPRESSLY
DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT
TO THE INDEX OR ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL
LICENSOR HAVE ANY LIABILITY FOR ANY SPECIAL, PUNITIVE, INDIRECT, INCIDENTAL OR CONSEQUENTIAL
DAMAGES (INCLUDING, WITHOUT LIMITATION, LOST PROFITS), EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH
DAMAGES.”

     Any changes in the foregoing disclaimers and limitations must be approved in advance in
writing by an authorized officer of Licensor.

     (c) Licensee represents and warrants to Licensor, and Licensor represents and warrants to
Licensee, that it has the authority to enter into this Agreement according to its terms.

     (d) Licensee represents and warrants to Licensor that the Product(s) shall at all times comply
with the relevant descriptions in Exhibit A and shall not violate any of the restrictions set forth
therein.

     (e) Licensee represents and warrants to Licensor that the Product(s) shall not violate any
applicable law, including but not limited to banking, commodities and securities laws.

     (f) LICENSOR, ITS AFFILIATES, EMPLOYEES AND AGENTS, SHALL HAVE NO LIABILITY, CONTINGENT OR
OTHERWISE, TO LICENSEE OR TO THIRD PARTIES, FOR THE ACCURACY, COMPLETENESS OR CURRENCY OF THE
INDEX OR FOR DELAYS OR OMISSIONS THEREIN, OR FOR INTERRUPTIONS IN THE DELIVERY OF THE INDEX. IN NO
EVENT WILL LICENSOR BE LIABLE FOR ANY SPECIAL, PUNITIVE, INDIRECT, INCIDENTAL OR CONSEQUENTIAL
DAMAGES (INCLUDING, WITHOUT LIMITATION, LOST PROFITS) WHICH MAY BE INCURRED OR EXPERIENCED ON
ACCOUNT OF LICENSEE ENTERING INTO OR RELYING ON THIS AGREEMENT, EVEN IF LICENSOR HAVE BEEN
ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. WITHOUT DIMINISHING THE DISCLAIMERS AND LIMITATIONS
SET FORTH IN THIS SECTION 6, IN NO EVENT SHALL THE CUMULATIVE LIABILITY OF LICENSOR TO LICENSEE
UNDER THIS AGREEMENT EXCEED THE LICENSE FEES ACTUALLY PAID TO LICENSOR HEREUNDER FOR THE FULL
CALENDAR YEAR IMMEDIATELY PRECEDING THE FINDING OF SUCH LIABILITY.

     (g) Licensee shall indemnify, protect, and hold harmless Licensor, its affiliates.

5

 

employees and agents from and against any and all losses, liabilities, judgments, suits, actions,
proceedings, claims, damages, costs (including reasonable attorneys’ fees and disbursements)
resulting from or arising out of failure to fulfill its obligations under this Agreement, the use
by Licensee of the Index, the Product(s) or otherwise arising out of
this Agreement.

7. Confidentiality.

     Each of Licensor and Licensee acknowledges that it or its employees may in the course of
performing their responsibilities under this Agreement, he exposed to or acquire information which
is proprietary to or confidential to the other party or its affiliates or clients or to third
parties to whom the other party owes a duty of confidentiality. Any and all non-public information
of any form obtained by one party or its employees regarding the other party, including without
limitation information related to the calculation of the Index, shall be deemed to be confidential
and proprietary information. The recipient of such confidential and proprietary information agrees
to hold such information in confidence and not to use or disclose such information for any purpose
whatsoever other than as contemplated by this Agreement and to advise each of its employees who
may be exposed to such proprietary and confidential information of their obligations hereunder.

8. No Promotion.

     Except as specifically provided herein, Licensee agrees that it will not, without the prior
written consent of Licensor in each instance, (i) use in advertising, publicity, or otherwise the
name of Licensor, or any affiliate of Licensor, or any employee of Licensor, nor any trade name,
trademark, trade device, service mark, symbol or any abbreviation, contraction or simulation
thereof owned by Licensor or its affiliates, or (ii) represent, directly or indirectly, that any
product or any service provided by Licensee has been approved or endorsed by Licensor.

9. Force Majeure.

     No party shall be liable or deemed to be in default for any delay or failure to perform under
this Agreement or for interruption of the services resulting directly or indirectly from any cause
beyond such party’s reasonable control.

10. General.

     (a) Licensee acknowledges that it has not been induced to enter into this Agreement by any
representation or warranty not set forth in this Agreement. This Agreement contains the entire
agreement of the parties with respect to its subject matter and supersedes all existing and all
other oral, written or other communications between them concerning this subject matter. This
Agreement shall not be modified in any way except by a writing signed by all parties.

6

 

     (b) This Agreement may not be assigned by Licensee without the prior written consent of
Licensor. This Agreement shall be binding upon and shall inure to the benefit of the parties and
their respective successors and permitted assigns.

     (d) If any provision of the Agreement (or any portion thereof) shall be invalid, illegal or
unenforceable, the validity, legality or enforceability of the remainder of this Agreement shall
not in any way be affected or impaired thereby.

     (e) All notices and other communications under this Agreement shall be (i) in writing, (ii)
delivered by hand, by registered or certified mail, return receipt requested, by overnight delivery
service, or by facsimile transmission to the address set forth below or such address as a party
shall specify by a written notice to the other parties and (iii) deemed given upon receipt.

	 	 	 	 	 
	 

	 	Notice to Reuters:
	 	Reuters America LLC
	 

	 	 	 	3 Times Square
	 

	 	 	 	New York, New York 10036
	 

	 	 	 	Attn: Thomas Gros, EVP, Global Head of
	 

	 	 	 	New Markets and Commodities & Energy
	 

	 	 	 	FAX: 646-223-7740
	 
	 	 	 	 
	 

	 	 	 	With a copy to:
	 
	 	 	 	 
	 

	 	 	 	Reuters America LLC
	 

	 	 	 	3 Times Square
	 

	 	 	 	New York, New York 10036
	 

	 	 	 	ATTN: General Counsel
	 
	 	 	 	 
	 

	 	Notice to Licensee:
	 	GreenHaven, LLC
	 

	 	 	 	3340 Peachtree Road, Suite 1910
	 

	 	 	 	Atlanta, Georgia 30326
	 

	 	 	 	ATTN: Ashmead Pringle, Manager
	 

	 	 	 	FAX: 404-261-5468
	 
	 	 	 	 
	 

	 	 	 	With a copy to:
	 
	 	 	 	 
	 

	 	 	 	Taylor, Busch, Slipakoff & Duma, LLP
	 

	 	 	 	1600 Parkwood Circle, Suite 200
	 

	 	 	 	Atlanta, Georgia 30339
	 

	 	 	 	ATTN: George C. Gaskin, Esq.
	 

	 	 	 	FAX: 770-434-7376

7

 

     (f) The headings in this Agreement are intended for convenience of reference and shall not
affect its interpretation.

     (g) Each of Licensor and Licensee acknowledges that a breach of any provision of Section 7 of
this Agreement will cause the applicable party irreparable injury and damage and therefore may be
enjoined through injunctive proceedings in addition to any other rights and remedies which may be
available to the applicable party at law or in equity. Licensee consents to jurisdiction in the
State or Federal courts located in New York County, State of New York, for enforcement of this
provision.

     (h) This Agreement and all matters relating to or arising under this Agreement shall be
governed in all respects by the laws of the State of New York, without giving effect to principles
of conflicts of law, and any litigation arising out of or connected in any way with this
Agreement shall take place in a State or Federal court of competent jurisdiction in New York
County, State of New York.

     (i) The following Sections shall survive termination of this Agreement: 5, 6, 7, 8 and 10.

          (j) Where a Product is traded in a currency other than U.S. dollars, the U.S. dollar
equivalent, for purposes of Section 1(b), Section 3 and Exhibit B hereunder, will be calculated
using the fixing rate of exchange displayed on the BCE’s screen on the valuation date which, for
the avoidance of doubt, can be found at http://www.ecb.int/stats/exchange/eurofxref/html/index.en.html.

8

 

IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first
above written.

	 	 	 	 	 
	REUTERS AMERICA LLC	 	 
	 
	 	 	 	 
	By:

	 	/s/ [ILLEGIBLE]
 

	 	 
	Name
	 	 	 	 
	Title
	 	 	 	 
	Date

	 	7/21/06	 	 
	 
	 
	 	 	 	 
	LICENSEE	 	 
	 
	 	 	 	 
	GREENHAVEN, LLC	 	 
	 
	 	 	 	 
	By:

	 	/s/ Ashmead Pringle
 

	 	 
	Name

	 	Ashmead Pringle	 	 
	Title

	 	President - Managing Member	 	 
	Date

	 	7/20/06	 	 

9

 

EXHIBIT A 

PRODUCTS

     “Products” means an exchange traded fund (“ETF”) that has both of the following
characteristics:

     (a) it is available for trade on the following venue(s):

Any U.S. or Canadian stock exchange, including but not limited to the New York Stock
Exchange, the American Stock Exchange, and the Toronto Stock Exchange.

and

     (b) it is launched no later than:

One
year from the date of this Agreement.

For the avoidance of doubt, Products are strictly limited in nature to ETFs and may not
include options contracts, futures contracts, exchange-traded notes, over-the-counter
instruments, or any other type of security.

10

 

EXHIBIT B

LICENSE FEES

A. Base License Fee

	 	(i)	 	$37,500 per annum, the first annual payment of which is to be paid on
the date on which the Product listed on an exchange or ninety (90) days from execution
by the Licensee, whichever is earlier.

B. Variable License Fee

	 	(i)	 	0.060% (6 basis points) per annum of the first $100,000,000 US, or
foreign currency equivalent, invested in the Products based upon the average daily
official closing amount of invested assets as specified in Section 3(b)(iii).
	 
	 	(ii)	 	0.05% (5 basis points) per annum of each additional US Dollar, or
foreign currency equivalent, invested in the Products, in excess of $100,000,000 US
based upon the average daily official closing amount of invested assets as specified
in Section 3(b)(iii).

11

 

EXHIBIT C

INDEX, SUBINDICES, and TOTAL and EXCESS RETURNS

Index

Continuous Commodity Index (CCI)

Subindices

CCI Energy Sub-index,

CCI Grains and Oilseeds Sub-index

CCI Industrials Sub-index

CCI Livestock Sub-index

CCI Precious Metals Sub-index

CCI Softs Sub-index

Total Returns

Continuous Commodity Index Total Return (RIC: <CCITR>)

Should Licensor commence the calculation, and publication of, total return values for certain
CCI Subindices, Licensee may use such Subindex total return values subject to the terms of this
Agreement.

Excess Returns

Continuous Commodity Index Excess Return (RIC: <CI>).

Should Licensor commence the calculation, and publication of, excess return values for certain CCI
Subindices, Licensee may use such Subindex excess return values subject to the terms of this
Agreement.

12

 

ADDENDUM TO LICENSE AGREEMENT

This addendum (“Addendum”) is entered into this 11th day of October, 2006 by and between Reuters
America LLC (hereinafter “Reuters”) and GreenHaven, LLC (“Greenhaven”),. This Addendum is entered
into to modify the License Agreement between Reuters and Greenhaven dated July 19th, 2006
(“Agreement”).

	1.	 	For the period beginning with the date of the agreement through October 18, 2008, Reuters
agrees not to license to any entity the right to use the “CCI” or “Continuous Commodity Index”
for an exchange traded fund (ETF) to be traded on a US equity exchange. The parties agree that
the Initial Term shall end on October 12, 2008.
	 
	2.	 	In consideration of the agreement above, Greenhaven agrees to pay Reuters an additional sum
of $250,000 payable in the following manner: $50,000 shall be due upon execution of this
Addendum and $200,000 shall be due on June 29, 2007. In the event Greenhaven does not achieve
regulatory clearance to list the ETF on a US Exchange from the Securities and Exchange
Commission; the (S-1) filing deemed effective by June 29, 2007, Greenhaven shall not be
required to pay the fee of $200,000 and Section 1 above shall be null and void as of June 29,
2007, and .Reuters shall be entitled to retain the $50,000 payment.
	 
	3.	 	Except as expressly modified by this Addendum, the terms of the Agreement, and any appendices
or addenda thereto, shall remain in full force and effect. In the event of any
inconsistencies between the terms of the Agreement or any prior addenda, and this Addendum,
the terms of this Addendum shall prevail and control.

IN WITNESS WHEREOF, the parties hereto have executed or caused to be executed this Addendum as of
the date set forth below.

	 	 	 	 	 	 	 	 	 	 	 
	Accepted by:	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Reuters America LLC	 	 	 	GreenHaven, LLC	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:

	 	 	 	 	 	By:	 	 	 	 
	 

	 	 

	 	 	 	 	 	 

	 	 
	Name:

	 	 	 	 	 	Name:	 	 	 	 
	 

	 	 
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Title:

	 	 	 	 	 	Title:	 	 	 	 
	 

	 	 
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Date:

	 	 	 	 	 	Date:	 	 	 	 
	 

	 	 
	 	 	 	 	 	 	 	 

 

 

SECOND ADDENDUM TO LICENSE AGREEMENT

This second addendum (“Second Addendum”) is entered into this 18th day of September, 2007 by and
between Reuters America LLC (hereinafter “Reuters”) and GreenHaven, LLC (“Greenhaven”) and
GreenHaven Commodity Services, LLC (“GCS”). This Second Addendum is entered into to modify the
License Agreement between Reuters and Greenhaven dated July 19th, 2006 with addendum dated October
11, 2006 (“First Addendum”) (collectively the “Agreement”).

	1.	 	Greenhaven hereby assigns all of its rights and obligations under the Agreement to GCS. GCS
hereby accepts such assignment and Reuters hereby consents to such assignment.
	 
	2.	 	The second sentence of Section 2 of the First Addendum is hereby deleted.
	 
	3.	 	Reuters acknowledges receipt of $50,000 toward the $250,000 exclusive fee specified in the
Addendum. The parties hereby agree to the following modified payment structure for the
remaining $200,000. All future payments are non-refundable and are due in $50,000 payments due
not later than October 1st, 2007, January 1, 2008, March 1, 2008, and June 1, 2008. These
payments are over and above the non-exclusive fees due under the Agreement. In the event GCS
notifies Reuters that GCS failed to receive regulatory approval from the SEC for its ETF,
Reuters agrees to waive any payments which were not yet due as of the date of the notice. Any
payments already made shall be non-refundable and any payments which are past due shall be
paid immediately. In the event GCS is late in making any payments or notifies Reuters of a
rejection from the SEC, all exclusivity under this license arrangement shall immediately
lapse.
	 
	4.	 	Except as expressly modified by this Second Addendum, the terms of the Agreement, and any
appendices or addenda thereto, shall remain in full force and effect. In the event of any
inconsistencies between the terms of the Agreement or any prior addenda, and this Second
Addendum, the terms of this Addendum shall prevail and control.

 

 

IN WITNESS WHEREOF, the parties hereto have executed or caused to be executed this Addendum as of
the date set forth below.

	 	 	 	 	 	 	 	 	 	 	 
	Accepted by:	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Reuters America LLC	 	 	 	GreenHaven, LLC	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:

	 	 	 	 	 	By:	 	 	 	 
	 

	 	 

	 	 	 	 	 	 

	 	 
	Name:

	 	 	 	 	 	Name:	 	 	 	 
	 

	 	 
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Title:

	 	 	 	 	 	Title:	 	 	 	 
	 

	 	 
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Date:

	 	 	 	 	 	Date:	 	 	 	 
	 

	 	 
	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	GreenHaven Commodity Services, LLC	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Name:
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Title:
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Date:

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