AMENDMENT TO THE INVESTMENT ADVISORY AGREEMENT
Exhibit (h)(4)
AMENDMENT TO THE INVESTMENT ADVISORY AGREEMENT
Dated as of July 25, 2022
| and | GRANITESHARES ADVISORS LLC | |
| (PARTY A) | (PARTY B) |
Party A and Party B have previously entered into that an Expense Limitation Agreement (“The Agreement”) dated May 20, 2022. The parties have now agreed to amend the Agreement by this Amendment (this “Amendment”) with effect from the date first written above.
Accordingly, the parties agree as follows:-
| 1. | Amendment of Appendix A. Appendix A of the Agreement is amended and restated in its entirety and replaced with Appendix A attached hereto. Each entity listed on the attached Appendix A, a separate portfolio under the Agreement. |
| 2. | Representations. |
Each party represents to the other party that all representations contained in the Agreement are true and accurate as of the date of this Amendment and that such representations are deemed to be given or repeated by each party, as the case may be, on the date of this Amendment
| 4. | Miscellaneous. |
| (a) | Definitions. Capitalized terms used in this Amendment and not otherwise defined herein shall have the meanings specified for such terms in the Agreement. |
| (b) | Entire Agreement. This Amendment constitutes the entire agreement and understanding of the parties with respect to its subject matter and supersedes all oral communication and prior writings (except as otherwise provided herein) with respect thereto. |
| (c) | Agreement Continuation. The Agreement, as modified herein, shall continue in full force and effect. |
| (d) | Counterparts. This Amendment may be executed and delivered in counterparts (including by e-mail or facsimile transmission), each of which will be deemed an original. |
| (e) | Headings. The headings used in this Amendment are for convenience of reference only and are not to affect the construction of or to be taken into consideration in interpreting this Amendment. |
[Signature Page to Follow]
IN WITNESS WHEREOF the parties have executed this Amendment with effect from the date specified on the first page of this Amendment.
| GRANITESHARES ETF TRUST | GRANITESHARES ADVISORS LLC | |||
| By: | /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇ | By: | /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇ | |
| Name: | ▇▇▇▇▇▇▇ ▇▇▇▇▇ | Name: | ▇▇▇▇▇▇▇ ▇▇▇▇▇ | |
| Title: | President GraniteShares ETF Trust | Title: | CEO GraniteShares Advisors LLC | |
| Date: | July 25, 2022 | Date: | July 25, ▇▇▇▇ | |
| -▇- |
▇▇▇▇▇▇▇▇ A
REVISED FUND NAMES
| Prior Fund Name | New Fund Name | |
| GraniteShares 2x Long Tesla Daily ETF | GraniteShares 1.25x Long TSLA Daily ETF | |
| GraniteShares 1x Short Tesla Daily ETF | GraniteShares 1x Short TSLA Daily ETF | |
| GraniteShares 2x Long NVIDIA Daily ETF | GraniteShares 1.5x Long NVDA Daily ETF | |
| GraniteShares 2x Long NIO Daily ETF | GraniteShares 1.1x Long NIO Daily ETF | |
| GraniteShares 2x Long Coinbase Daily ETF | GraniteShares 1.5x Long COIN Daily ETF | |
| GraniteShares 2x Long Alibaba Daily ETF | GraniteShares 1.75x Long BABA Daily ETF | |
| GraniteShares 2x Long Meta Platforms Daily ETF | GraniteShares 1.5x Long META Daily ETF | |
| GraniteShares 2x Long Alphabet Daily ETF | GraniteShares 1.75x Long GOOGL Daily ETF | |
| GraniteShares 2x Long Amazon Daily ETF | GraniteShares 1.5x Long AMZN Daily ETF | |
| GraniteShares 2x Long Apple Daily ETF | GraniteShares 1.75x Long AAPL Daily ETF | |
| GraniteShares 2x Long Microsoft Daily ETF | GraniteShares 2x Long MSFT Daily ETF | |
| GraniteShares 2x Long AMD Daily ETF | GraniteShares 1.25x Long AMD Daily ETF | |
| GraniteShares 2x Long Palantir Daily ETF | GraniteShares 1.25x Long PLTR Daily ETF | |
| GraniteShares 2x Long Twitter Daily ETF | GraniteShares 1.25x Long TWTR Daily ETF | |
| GraniteShares 2x Long Uber Daily ETF | GraniteShares 1.5x Long UBER Daily ETF | |
| GraniteShares 2x Long Disney Daily ETF | GraniteShares 1.5x Long DIS Daily ETF | |
| GraniteShares 2x Long Ford Daily ETF | GraniteShares 1.25x Long F Daily ETF |
| -3- |