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DOCUMENT TITLE:  SIXTH AMENDED AND RESTATED DECLARATION OF TRUST AND TRUST AGREEMENT OF WORLD MONITOR TRUST II .
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Clause Heading
SECTION 2.1 - Term; Resignation.
SECTION 2.2 - Powers.
SECTION 2.3 - Compensation and Expenses of the Trustee.
SECTION 2.4 - Indemnification.
SECTION 2.5 - Successor Trustee.
SECTION 2.6 - Liability of Trustee.
SECTION 2.7 - Reliance; Advice of Counsel.
SECTION 3.1 - General.
SECTION 3.2 - Establishment of Series of Interests.
SECTION 3.3 - Establishment of Classes.
SECTION 3.4 - Assets of Series.
SECTION 3.5 - Liabilities of Series.
SECTION 3.9 - Exchange of Interests.
SECTION 4.1 - Management of the Trust.
SECTION 4.2 - Authority of Managing Owner.
SECTION 3.6 - Dividends and Distributions.
SECTION 3.7 - Voting Rights.
SECTION 3.8 - Equality.
SECTION 4.3 - Obligations of the Managing Owner.
SECTION 4.4 - General Prohibitions.
SECTION 4.5 - Liability of Covered Persons.
SECTION 4.6 - Indemnification of the Managing Owner.
SECTION 4.7 - Expenses and Limitations Thereon.
SECTION 4.8 - Compensation to the Managing Owner.
SECTION 4.9 - Other Business of Interestholders.
SECTION 4.10 - Voluntary Withdrawal of the Managing Owner.
SECTION 4.11 - Litigation.
SECTION 5.1 - General Prohibition.
SECTION 5.2 - Transfer of Managing Owners General Interests.
SECTION 5.3 - Transfer of Limited Interests.
SECTION 6.1 - Capital Accounts.
SECTION 6.2 - Monthly Allocations.
SECTION 6.3 - Allocation of Profit and Loss for United States Federal Income Tax Purposes.
SECTION 6.4 - Allocation of Distributions.
SECTION 6.5 - Admissions of Interestholders; Transfers.
SECTION 6.6 - Liability for State and Local and Other Taxes.
SECTION 7.1 - Redemption of Interests.
SECTION 8.1 - No Management or Control; Limited Liability.
SECTION 8.2 - Rights and Duties.
SECTION 8.3 - Limitation on Liability.
SECTION 9.1 - Books of Account.
SECTION 9.2 - Annual Reports and Monthly Statements.
SECTION 9.3 - Tax Information.
SECTION 9.4 - Calculation of Net Asset Value of a Series.
SECTION 9.5 - Other Reports.
SECTION 9.6 - Maintenance of Records.
SECTION 9.7 - Certificate of Trust.
SECTION 9.8 - Registration of Interests.
SECTION 10.1 - Fiscal Year.
SECTION 11.1 - Amendments to the Trust Agreement.
SECTION 11.2 - Meetings of the Trust.
SECTION 11.3 - Action Without a Meeting.
SECTION 12.1 - Term.
SECTION 13.1 - Events Requiring Dissolution of the Trust or any Series.
SECTION 14.1 - Power of Attorney Executed Concurrently.
SECTION 13.2 - Distributions on Dissolution.
SECTION 13.3 - Termination; Certificate of Cancellation.
SECTION 14.2 - Effect of Power of Attorney.
SECTION 14.3 - Limitation on Power of Attorney.
SECTION 15.1 - Governing Law.
SECTION 15.2 - Provisions In Conflict With Law or Regulations.
SECTION 15.3 - Construction.
SECTION 15.4 - Notices.
SECTION 15.5 - Counterparts.
SECTION 15.6 - Binding Nature of Trust Agreement.
SECTION 15.7 - No Legal Title to Trust Estate.
SECTION 15.8 - Creditors.
SECTION 15.9 - Integration.
1 - Name.
2 - Delaware Trustee.
3 - Series.
4 - Notice of Limitation of Liability of each Series.
5 - Effective Date.