EX-99.H.1 4 dex99h1.htm EXHIBIT(H)(1) EXHIBIT(H)(1)

Exhibit (h)(1)

AMENDMENT NO. 1 DATED DECEMBER 15, 2006 TO THE PROSHARES TRUST MANAGEMENT

SERVICES AGREEMENT DATED DECEMBER 15, 2005, BETWEEN PROSHARES TRUST AND

PROSHARE ADVISORS LLC

SCHEDULE A

TO THE MANAGEMENT SERVICES AGREEMENT

BETWEEN PROSHARES TRUST AND PROSHARE ADVISORS LLC

AS OF DECEMBER 15, 2006

 

NAME OF FUND

    COMPENSATION  
     (at Annual rate expressed as a
percentage of average daily net
assets of each Fund)(1)		  
Ultra S&P500 ProShares    0.10 %
Ultra MidCap400 ProShares    0.10 %
Ultra Dow30 ProShares    0.10 %
Ultra QQQ ProShares    0.10 %
Short S&P500 ProShares    0.10 %
Short MidCap400 ProShares    0.10 %
Short Dow30 ProShares    0.10 %
Short QQQ ProShares    0.10 %
UltraShort S&P500 ProShares    0.10 %
UltraShort MidCap400 ProShares    0.10 %
UltraShort Dow30 ProShares    0.10 %
UltraShort QQQ ProShares    0.10 %
Ultra Russell2000 ProShares    0.10 %
Ultra S&P SmallCap600 ProShares    0.10 %
Ultra Russell1000 Value ProShares    0.10 %
Ultra Russell1000 Growth ProShares    0.10 %
Ultra Russell MidCap Value ProShares    0.10 %
Ultra Russell MidCap Growth ProShares    0.10 %
Ultra Russell2000 Value ProShares    0.10 %
Ultra Russell2000 Growth ProShares    0.10 %
Ultra Basic Materials ProShares    0.10 %
Ultra Biotechnology ProShares    0.10 %
Ultra Consumer Goods ProShares    0.10 %
Ultra Consumer Services ProShares    0.10 %
Ultra Financials ProShares    0.10 %
Ultra Health Care ProShares    0.10 %
Ultra Industrials ProShares    0.10 %
Ultra Oil & Gas ProShares    0.10 %
Ultra Precious Metals ProShares    0.10 %
Ultra Real Estate ProShares    0.10 %
Ultra Semiconductors ProShares    0.10 %
Ultra Technology ProShares    0.10 %
Ultra Telecommunications ProShares    0.10 %
1 All fees are computed daily and paid monthly.

NAME OF FUND

    COMPENSATION  
     (at Annual rate expressed as a
percentage of average daily net
assets of each Fund)(2)		  
Ultra Utilities ProShares    0.10 %
Ultra Russell1000 ProShares    0.10 %
Short Russell2000 ProShares    0.10 %
Short S&P SmallCap600 ProShares    0.10 %
Short Russell1000 Value ProShares    0.10 %
Short Russell1000 Growth ProShares    0.10 %
Short Russell MidCap Value ProShares    0.10 %
Short Russell MidCap Growth ProShares    0.10 %
Short Russell2000 Value ProShares    0.10 %
Short Russell2000 Growth ProShares    0.10 %
Short Basic Materials ProShares    0.10 %
Short Biotechnology ProShares    0.10 %
Short Consumer Goods ProShares    0.10 %
Short Consumer Services ProShares    0.10 %
Short Financials ProShares    0.10 %
Short Health Care ProShares    0.10 %
Short Industrials ProShares    0.10 %
Short Oil & Gas ProShares    0.10 %
Short Precious Metals ProShares    0.10 %
Short Real Estate ProShares    0.10 %
Short Semiconductors ProShares    0.10 %
Short Technology ProShares    0.10 %
Short Telecommunications ProShares    0.10 %
Short Utilities ProShares    0.10 %
UltraShort Russell1000 ProShares    0.10 %
UltraShort Russell2000 ProShares    0.10 %
UltraShort S&P SmallCap600 ProShares    0.10 %
UltraShort Russell1000 Value ProShares    0.10 %
UltraShort Russell1000 Growth ProShares    0.10 %
UltraShort Russell MidCap Value ProShares    0.10 %
UltraShort Russell MidCap Growth ProShares    0.10 %
UltraShort Russell2000 Value ProShares    0.10 %
UltraShort Russell2000 Growth ProShares    0.10 %
UltraShort Basic Materials ProShares    0.10 %
UltraShort Biotechnology ProShares    0.10 %
UltraShort Consumer Goods ProShares    0.10 %
UltraShort Consumer Services ProShares    0.10 %
UltraShort Financials ProShares    0.10 %
UltraShort Health Care ProShares    0.10 %
UltraShort Industrials ProShares    0.10 %
UltraShort Oil & Gas ProShares    0.10 %
UltraShort Precious Metals ProShares    0.10 %
UltraShort Real Estate ProShares    0.10 %
UltraShort Semiconductors ProShares    0.10 %
UltraShort Technology ProShares    0.10 %
UltraShort Telecommunications ProShares    0.10 %
UltraShort Utilities ProShares    0.10 %
1 All fees are computed daily and paid monthly.

NAME OF FUND

    COMPENSATION  
     (at Annual rate expressed as a
percentage of average daily net
assets of each Fund)(3)		  
UltraShort Russell1000 ProShares    0.10 %
Ultra Russell MidCap    0.10 %
Short Russell MidCap    0.10 %
Ultra Short Russell MidCap    0.10 %

 

PROSHARE ADVISORS LLC,

a Maryland limited liability company

      

PROSHARES TRUST,

a Delaware statutory trust

By:  

 

     By:  

 

  Michael L. Sapir       Louis M. Mayberg
  Chief Executive Officer       President

 

1 All fees are computed daily and paid monthly.