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CONTINUOUS DISTRIBUTION DEALER …

CONTINUOUS DISTRIBUTION DEALER agreement this agreement is made as of _____, 2015 BETWEEN: HORIZONS ETFs MANAGEMENT (CANADA) INC., a corporation existing under the laws of Canada, as trustee and manager of the Horizons family of exchange traded funds listed in Schedule A hereof, each of which is a trust created under the laws of the Province of Ontario (collectively, the ETFs and individually, an ETF ) ( Horizons ) - and _____ _____ a corporation incorporated under the laws of _____ (the DEALER ) WHEREAS: A. Horizons, as trustee and manager of the ETFs, and the DEALER wish to enter into this CONTINUOUS DISTRIBUTION DEALER agreement (the agreement ) which will apply to each of the ETFs set out in Schedule A, as such Schedule A may be amended by the parties from time to time, to provide for the CONTINUOUS DISTRIBUTION of Class A Units of such ETFs.

CONTINUOUS DISTRIBUTION DEALER AGREEMENT THIS AGREEMENT is made as of _____, 2015 BETWEEN: HORIZONS ETFs MANAGEMENT (CANADA) INC., a corporation existing under the laws of Canada, as trustee and

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