Common use of Retention of Adviser Clause in Contracts

Retention of Adviser. The Company hereby appoints the Adviser to act as the investment adviser to the Company and to manage the investment and reinvestment of the assets of the Company, subject to the supervision of the Board of Directors of the Company (the “Board of Directors”), for the period and upon the terms herein set forth and in accordance with: (i) the investment objective, policies and restrictions that are set forth in the Company’s Registration Statement on Form 10 or Form N-2 filed with the U.S. Securities and Exchange Commission (the “SEC”), as supplemented, amended or superseded from time to time, including in the periodic reports filed by the Company under the Securities Exchange Act of 1934, as amended (together with the rules promulgated thereunder, the “Exchange Act”); (ii) the 1940 Act, the Advisers Act, and all other applicable federal and state laws; (iii) the Company’s articles of incorporation and bylaws, as amended from time to time; and (iv) such investment policies, directives, and restrictions as the Company may from time to time establish or issue and communicate to the Adviser in writing.