FIRST AMENDMENT to the
DISTRIBUTION AGREEMENT
THIS FIRST AMENDMENT to the Distribution Agreement is made as of November 26, 2018 by and between by and between Cushing ETF Trust (the "Trust"), a Delaware statutory trust, Quasar Distributors, LLC (the "Distributor"), a Delaware limited liability company and Cushing Asset Management, LP, the investment advisor to the Trust (the "Adviser").
WHERAS, the Trust, the Adviser and the Distributor, a wholly owned subsidiary of U. S. Bancorp Fund Services, LLC ("Fund Services"), have previously entered into a certain Distribution Agreement, dated September 24, 2018.
WHEREAS, the Trust, the Adviser and U.S. Bank National Association ("Custodian") have entered into a certain Custody Agreement, dated as of September 21, 2018 and amended as of the date hereof (the "Custody Agreement"); and
WHEREAS, the Trust, the Adviser and U.S. Bancorp Fund Services, LLC d/b/a/ U.S. Bank Global Fund Services ("Fund Services") have previously entered into a certain Fund Administration Agreement, dated as of September 21, 2018 and amended as of the date hereof (the "Fund Administration Agreement"), a certain Fund Accounting Agreement dated as of September 21, 2018 and amended as of the date hereof (the "Fund Accounting Agreement") and a certain Transfer Agent Agreement dated as of September 26, 2018 and amended as of the date hereof (the "Transfer Agent Agreement"); and
WHEREAS, the parties desire to amend Article 5 (Compensation) of the Agreement, as hereinafter provided;
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto do hereby agree as follows:
(1) | Amendment. The Agreement shall be amended as follows: |
Article 5 (a) (Compensation) of the Agreement shall be deleted and replaced in its entirety with the following:
Article 1. Compensation. As compensation for providing the services under this Agreement: