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 Russel12000 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 Russel12000 Value ProShares

    0.10%

Ultra Russel12000 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%

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)(1)

Ultra Telecommunications ProShares

    0.10%

Ultra Utilities ProShares

    0.10%

Ultra Russell1000 ProShares

    0.10%

Short Russel12000 ProShares

    0.10%

Short S&P SmallCap600 ProShares

    0.10%

Short Russell1000 Value ProShares

    0.10%

Short Russelll000 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 Russel11000 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%

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)(1)
UltraShort Utilities ProShares    0.10%
Ultrashort RusselllOOO ProShares    0.10%
Ultra Russell MidCap    0.10%
Short Russell MidCap    0.10%

 

PROSHARE ADVISORS LLC,
a Maryland limited liability company		     PROSHARES TRUST,
a Delaware statutorv trust
By:  

/s/ Michael Sapir

     By:  

/s/ Louis Mayberg

  Michael L. Sapir       Louis Mayberg
  Chief Executive Officer       President

1

All fees are computed daily and paid monthly.