SEC Filing Document

Company: T. Rowe Price Active Crypto ETF
Ticker: 
CIK: 2089855
Filing Type: S-1/A
Document Type: EX-10.6
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/ex10-6.htm

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the Confirmation or otherwise as mutually agreed by the Parties, and the assets are available to Jane Street in its designated digital wallet or (2) in the case of cash, the cash is available to Jane Street in its designated account (without regard to any restrictions imposed by the entity maintaining the applicable digital or designated account for Jane Street). Once Counterparty’s delivery is complete, the Transaction is finally and irrevocably settled. Section 1.3 Transaction Netting. Unless otherwise agreed, if the Parties enter into two or more outstanding Transactions with each other in a given Settlement Window, then: (a) the Party obligated to deliver the greater amount of a given digital asset across any such Transactions will deliver the net outstanding balance of such digital asset; and (b) the Party obligated to deliver the greater amount of cash across any such Transactions will deliver the net outstanding balance of cash.

Section 1.4 Authorized
Traders. Jane Street may rely on any communication provided by any person that Jane Street reasonably believes is authorized by Counterparty,
whether or not such person has actual authority, and Counterparty agrees to be bound by such communications.

Section 1.5 Forks
and Airdrops. Unless otherwise agreed in writing, any purchased digital asset will not include any additional digital assets resulting
from a fork or airdrop that has occurred after execution and before settlement on Settlement Date.

Section 1.6 Clearly
Erroneous Transactions. If the Parties agree that a Transaction is erroneous, then the Parties shall agree on a reasonable adjustment
to the terms of the Transaction. If either Party determines (“Determining Party”) that a Transaction is a Clearly Erroneous
Transaction, the Determining Party will consult with the other Party (“Non-Determining Party”) on (i) the basis of such determination
(and shall provide supporting information in reasonable detail) and (ii) a reasonable adjustment to the terms of the Transaction. If
the Non-Determining Party does not agree to such adjustment or the Determining Party determines that there is no reasonable adjustment
to the Transaction, the Determining Party by notice to the Non-Determining Party shall cancel such Transaction. A “Clearly Erroneous
Transaction” is a Transaction with terms of execution that an experienced professional digital asset trader would reasonable
determine as manifestly erroneous under the market conditions prevailing at the time of execution. Claim(s) of a clearly erroneous Transaction
must be raised by a Party promptly following execution and shall be resolved prior to settlement.

ARTICLE II.

REPRESENTATIONS, WARRANTIES AND
ACKNOWLEDGEMENTS

Section 2.1 Representations
and Warranties. Each Party represents and warrants to the other, and in the case of paragraphs (a)(i), (b), (c), (e), and (g), Sponsor
represents and warrants to Jane Street, as of the date hereof and as of the date of each Transaction that:

(a)          (i) It is duly organized, validly existing and in good standing under the laws of the jurisdiction
in which it is organized; (ii) it has all necessary power and authority to enter into this Agreement, to carry out its obligations hereunder
and to consummate any Transactions; and (iii) its execution and delivery of this Agreement, its performance of its obligations hereunder
and the consummation of the Transactions have been duly authorized by all requisite action on its part.

(b)          This Agreement has been duly executed and delivered by such Party and Sponsor and constitutes
its valid and legally binding obligation, enforceable against such Party and, as applicable, Sponsor, in accordance with its terms.

(c)          Neither the execution and delivery of this Agreement, nor the consummation of the Transactions,
does or will violate any applicable law, rule or regulation or conflict with, violate or constitute a default under any material agreement
to which it is a party.

(d)          It is trading as principal for its own account, out of immediately available assets, and not
for the account of any other individual, person or entity.

(e)          It is not (i) on a list of specially designated nationals and blocked persons under the Office
of Foreign Assets Control, (ii) a shell bank or (iii) resident in, or transferring funds from, a non- cooperative jurisdiction.

(f)           With respect to any digital asset such Party sells, transfers and delivers to the other Party,
the transferring Party (and/or its delivery agent) is the lawful owner of such digital asset with good and marketable title thereto, and
the transferring Party (and/or its delivery agent) has the absolute right to sell, assign, convey, transfer and deliver such digital asset.
Such digital asset is free and clear of any and all security interests, liens, pledges, claims (pending or threatened), charges, escrows,
encumbrances or similar rights.

(g)          It is at all times during the term of this Agreement and any Transaction hereunder, in material
compliance with all applicable laws, rules and regulations. It is not, and has never been, engaged in any market manipulation, front running,
spoofing or any other illegal activity.

is the owner of each wallet to which it instructs the other Party to make a transfer, and has good title thereto. Each of its wallets
is owned and operated solely for the benefit of such Party, and no person has any right, title or interest in any such wallet.

Additionally, Sponsor represents and warrants to Jane Street,
as of the date hereof and as of the date of each Transaction that:

(i)          Counterparty has granted to Sponsor, and Sponsor has authority to enter into this Agreement
and any Transaction on behalf of Counterparty and to perform or cause the performance on behalf of Counterparty all of that Counterparty’s
obligations hereunder, including for the avoidance of doubt, settlement of Transactions.

Section 2.2 Acknowledgements. Counterparty and Sponsor
each agrees, understands and acknowledges that:

(a)         Jane Street engages in the bilateral purchase and sale of digital assets, including any Transaction
contemplated by this Agreement, solely on a proprietary basis for its own account, and does not act as an exchange, broker or custodian
for Sponsor or Counterparty.

(b)         Jane Street is not providing and will not provide any fiduciary, advisory, exchange or other
similar services with respect to Sponsor or Counterparty, any person related to or affiliated with Sponsor or Counterparty, any customers
of Counterparty, or any transaction subject to this Agreement.

(c)         Sponsor and/or the Counterparty is solely responsible for any decision to enter into a Transaction
subject to this Agreement, including the evaluation of any and all risks related to any such Transaction. In entering into any Transaction,
neither Sponsor nor Counterparty has relied on any statement or other representation of Jane Street.

ARTICLE III.

DEFAULT

Section 3.1 Events
of Default. Any of the following events constitutes an event of default in respect of a Party (“Event of Default”)
(if such event occurs in respect of (x) Jane Street, the non- defaulting Party shall be Counterparty and Jane Street shall be the defaulting
Party, and (y) Counterparty or Sponsor, the non-defaulting Party shall be Jane Street and the defaulting Party shall be Counterparty):

(a)	Failure to comply with Section 1.2;

(b)	Any representation or warranty proves to be untrue in any material respect;

(c)	A material breach in the performance by a Party of any other agreements,
conditions, covenants, provisions or stipulations contained in this Agreement;

(d)	Any bankruptcy, insolvency, reorganization or liquidation
proceedings or other proceedings for the relief of debtors or dissolution proceedings shall be instituted by or against a Party;

(e)	(i) Sponsor has instituted against it any bankruptcy,
insolvency, reorganization or liquidation proceedings or other proceedings for the relief of debtors or dissolution proceedings or (ii)
Sponsor ceases to, or ceases to have authority to, act for or on behalf of Counterparty.

Section 3.2 Remedies.
Upon the occurrence of any Event of Default, the non-defaulting Party may, at its option: (i) close-out, cancel, liquidate, sell, accelerate
and/or terminate (collectively “Close- Out”) any unsettled Transaction(s)and Related Positions; (ii) use the proceeds obtained
from any Close-Out to discharge any of the defaulting Party’s obligations to the non-defaulting Party, including any unpaid or undelivered
amounts, losses and costs (including losses due to the change in the market value of any applicable digital assets); (iii) in lieu of
effecting a Close-Out of any Transactions and/or related positions, elect to determine in good faith and in a commercially reasonable
manner, its losses and costs in connection with the defaulting Party’s obligations and calculate the amounts owed by the defaulting
Party to the non-defaulting Party (including any unpaid and undelivered amounts, and including losses due to the change in the market
value of any applicable digital assets); and (iv) set-off, net, and recoup any due and payable obligations to the defaulting Party under
this Agreement against any due and payable obligations to the non-defaulting Party.