Material Agreement (Form 8-K)

Item 1.01 Entry into a Material Definitive Agreement.

Custodial Services Agreement

On May 18, 2026, 7RCC Spot Bitcoin and Carbon Credit Futures ETF (the "Fund"), a series of Teucrium Commodity Trust (the "Trust"), entered into a new custodial services agreement (the "Custodial Services Agreement") with BitGo Bank & Trust, National Association, a national banking association chartered under the laws of the United States and authorized by the Office of the Comptroller of the Currency to exercise fiduciary and custodial powers ("BitGo" or a "Bitcoin Custodian"). Pursuant to the Custodial Services Agreement, BitGo will establish and maintain one or more segregated custody accounts, controlled and secured by BitGo, on its books for the receipt, safekeeping, and maintenance of the Fund's bitcoin holdings. The Custodial Services Agreement requires the Fund to indemnify BitGo and certain of its affiliates and services providers in certain situations, including against certain losses arising or related to the Trust's use of the services, breach of the Custodial Services Agreement or violation of applicable law. The Custodial Services Agreement also requires BitGo to maintain reasonable insurance policies and coverage. The Custodial Services Agreement commenced on May 18, 2026, and will continue for one year, unless earlier terminated in accordance with its terms or if either party notifies the other of its intention not to renew at least 60 days prior to the expiration of the then-current term. After the initial term, the Custodial Services Agreement will automatically renew for successive one-year periods, unless either party notifies the other of its intention not to renew with prior notice, or unless it is terminated early, in accordance with the terms of the Custodial Services Agreement.

The sponsor of the Trust, Teucrium Trading, LLC (the "Sponsor"), expects to utilize BitGo's services to custody the Fund's bitcoin.

The foregoing description is a summary, and does not purport to be a complete description of the Custodial Services Agreement, and is qualified in its entirety by reference to the Custodial Services Agreement, dated May 18, 2026, which is filed as Exhibit 10.15 hereto and is incorporated by reference herein.

The Sponsor may allocate the Fund's bitcoin among Bitcoin Custodians. In designating a custodian as a bitcoin custodian for the Fund, the Sponsor considers whether the custodian provides protection against theft and loss and ensures that the transactions and trades are secure.

Master Purchase Agreement

On May 22, 2026, the Fund, entered into a new Master Purchase Agreement with BitGo Prime, LLC ("BitGo Prime"), pursuant to which BitGo Prime will serve as a "Bitcoin Trading Counterparty" for the Fund. The Master Purchase Agreement sets forth the general parameters under which a transaction in bitcoin will be effectuated, should any transaction with BitGo Prime occur. BitGo Prime is an affiliate of the Bitcoin Custodian, BitGo Bank & Trust, National Association, under common ownership. Although BitGo Prime and BitGo are affiliated, the Sponsor will engage in transactions with BitGo Prime on an arm's-length basis. BitGo Prime is not an agent of BitGo.

Under the Master Purchase Agreement, BitGo Prime and the Fund may purchase from and sell digital assets to each other, each for its own benefit and account. To facilitate such trading services, BitGo Prime provides online access to its proprietary electronic trading system, with access to and use of the trading system being subject to the terms and conditions of the Master Purchase Agreement. The Fund will not pay any commissions and transaction, processing and other fees, including federal, state and local taxes. Payment for and delivery of the bitcoin will be due as agreed between the Trust and the Bitcoin Trading Counterparty. Delivery of the bitcoin are considered to be completed when the bitcoin are credited to the Fund's wallet. BitGo Prime may close or suspend access to its trading system, or terminate or suspend the Fund's access to any feature, for cause, at any time, without prior notice; provided, BitGo Prime will use reasonable efforts to provide thirty (30) days' prior notice of such suspension, closure, or termination. The Bitcoin Trading Counterparty shall have no liability for any losses, liabilities, damages, expenses, demands charges or claims of the Fund arising from the agreement, except that the Bitcoin Trading Counterparty may be liable for its gross negligence, fraud or willful misconduct. The agreement is governed by, and construed and enforced in accordance with, the laws of the State of New York.

The foregoing description is a summary, and does not purport to be a complete description, of the Master Purchase Agreement, and is qualified in its entirety by reference to the Master Purchase Agreement, dated May 22, 2026, which is filed as Exhibit 10.16 hereto and is incorporated by reference herein.