SEC Filing Document

Company: T. Rowe Price Active Crypto ETF
Ticker: 
CIK: 2089855
Filing Type: S-1/A
Document Type: EX-10.2
Date Filed: 2026-04-27
Accession Number: 0001999371-26-009120
Exchange: 
SIC Code: 6221
SIC Description: Commodity Contracts Brokers & Dealers
URL: https://www.sec.gov/Archives/edgar/data/2089855/000199937126009120/ex10-2.htm

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for the performance only of such duties as are set forth in this Agreement and, except as otherwise provided under Section 3, shall have no responsibility for the actions or activities of any other party, including other service providers. The Administrator shall have no liability in respect of any loss, damage or expense suffered by a Fund insofar as such loss, damage or expense arises from the performance of the Administrator’s duties hereunder in reliance upon records that were maintained for the Funds by entities other than the Administrator prior to the Administrator’s appointment as administrator for the Funds. Unless directly caused by or resulting from, and then only to the extent of, the failure of the Administrator to exercise the Standard of Care, the Administrator shall have no liability for errors of judgment or for any loss or damage resulting from the performance or nonperformance of its duties hereunder.

In providing the Services, Administrator
is performing an administrative function for each Fund and is acting solely as agent for the Fund and not as a fiduciary for a Fund, the
investment adviser, any shareholder or any other third party with respect to the Services, even if Administrator or an Administrator affiliate
separately acts in a fiduciary capacity with respect to a Fund. Each Fund is responsible for determining that the Services are appropriate
for the Fund’s use.

Neither a Fund nor the Administrator
shall be liable for any special, indirect, incidental, punitive or consequential damages, including lost profits, of any kind whatsoever
(including, without limitation, attorneys’ fees) arising in connection with this Agreement even if advised of the possibility of
such damages.

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

Subject to the limitations set forth
in this Agreement, each Fund agrees to indemnify and hold the Administrator and its directors, officers, employees and agents harmless
from all loss, cost, damage and expense, including reasonable fees and expenses for counsel, incurred by the Administrator resulting from
any claim, demand, action or suit in connection with any action or omission by the Administrator in the performance of its duties hereunder,
or as a result of the Administrator acting upon any instructions reasonably believed by it to have been communicated by an Authorized
Person or upon reasonable reliance on information or records given or made by the Fund, provided that this indemnification shall not apply
to losses, damages and expenses occasioned by or resulting from the negligence, misfeasance or willful misconduct of the Administrator,
its officers, employees or agents as the case may be.

The provisions of this Section 6 shall
survive the termination of this Agreement.

7.	ERISA

Each Fund has informed, in writing,
the Administrator whether the assets of any Fund constitute the assets of any Benefit Plan, within the meaning of the Employment Retirement
Security Act of 1974 (“ERISA”), and will promptly notify Administrator in writing if it reasonably expects that the assets
of any Fund will constitute the assets of any Benefit Plan, within the meaning of ERISA.

Notwithstanding any other provisions
contained in this Agreement, each Fund acknowledges that (i) the Services do not constitute investment advice to the Funds or the investment
adviser or their respective affiliates; (ii) Administrator and any of its employees, do not exercise any discretion or control with respect
to the management or disposition of the assets of the Funds; and (iii) Administrator will not, in any circumstances, be required to undertake
any action that could possibly characterize Administrator as a fiduciary, as defined in Section 3(21) of ERISA, of any Fund, Funds, or
any Plan whose assets are invested in the Funds (an “ERISA Fiduciary”). Accordingly, each Fund acknowledges and agrees that
Administrator is not an ERISA Fiduciary nor will become an ERISA Fiduciary as a result of performing the Services.

Notwithstanding anything herein that
may be to the contrary, each Fund agrees to indemnify and hold harmless Administrator from and against any and all loss, damage, or expense
which may be imposed on Administrator as a result of any act or omission by Administrator, but only to the extent that such loss, damage,
or expense is attributable to the assets of any Fund being deemed to constitute the assets of any Benefit Plan.

8.	Confidentiality

a.	The parties hereto agree that each shall keep confidential and protect from unauthorized disclosure or
misuse the other party’s Confidential Information with the same degree of care as it would employ with respect to its own information
of like importance which it does not desire to have published or disseminated, but in no event less than a reasonable degree of care.
For purposes of this Agreement, “Confidential Information” shall mean any confidential or proprietary information, whether
disclosed orally, visually or in writing, by way of any media, of a party to this Agreement or any Fund; any customer of a party to this
Agreement or any Fund; or any third party which has disclosed such information to a party on a confidential basis, including but not limited
to, a party’s, the Funds’, their respective customers’ or such third party’s business or financial affairs, trade
secrets, intellectual property, technology, research and development, pricing, product plans, marketing plans or the terms or existence
of this Agreement. For the avoidance of doubt, all portfolio holdings and trading information of the Fund shall constitute Confidential
Information of the Fund. The Administrator shall not use any Confidential Information of the Fund for any investment or trading purpose
and shall maintain policies, procedures and other measures, including a code of ethics or similar policy, consistent with industry best
practices, to ensure compliance with all applicable securities laws by it and any other entity or individual with access to portfolio
holdings or trading information. All Confidential Information provided by a party hereto shall be used by the other party hereto solely
for the purpose of rendering or receiving services pursuant to this Agreement and, except as may be required in carrying out this Agreement,
shall not be disclosed to any third party. Neither party will use or disclose Confidential Information for purposes other than the activities
contemplated by this Agreement or except as required by Sections 8.b.3 or 8.b.4 below. Notwithstanding the foregoing, each party acknowledges
that the other party may provide access to and use of Confidential Information relating to the other party to the disclosing party’s
affiliates (which term for purposes of this Section includes each of its parent company, branches and affiliates (“Affiliates”)),
employees, contractors, agents, professional advisors, auditors, or persons (collectively, the Representatives”) to fulfill its
obligations under this Agreement who need to know such information in connection with the performance of such functions.

b.	The foregoing shall not be applicable to any information (1) that is publicly available when provided
or thereafter becomes publicly available, other than through a breach of this Agreement, (2) that is independently derived by a party
hereto without the use of any information provided by the other party hereto in connection with this Agreement, (3) that is disclosed
to comply with any legal or regulatory proceeding, investigation, audit, examination, subpoena, civil investigative demand or other similar
process (provided that, unless prohibited by law or regulation, promptly on receipt of any order compelling such disclosure, the disclosing
party shall notify the non-disclosing party in writing of such requirement to disclose so that the non-disclosing party will have the
opportunity to obtain a protective order at the disclosing party’s expense), or by operation of law or regulation, or (4) where
the party seeking to disclose has received the prior written consent of the party providing the information, which consent shall not be
unreasonably withheld.