Common use of Services Fee Clause in Contracts

Services Fee. Stifel has provided services to the Adviser to assist the Adviser in the structure and design of the Fund and the organization of the Fund as well as services related to the sale and distribution of the Fund’s Common Shares (the “Services”). In consideration of the Services to the Adviser, subject to and conditioned upon the completion of the Offering, the Adviser shall pay a fee to Stifel in the aggregate amount of $[●] (the “Fee”) on the Closing Date, by wire transfer to the order of Xxxxxx, Xxxxxxxx & Company, Incorporated. The Fee paid to Stifel shall not exceed [●]% of the total price to the public of the Firm Shares sold by the Fund in the Offering. In the event the Offering does not proceed, Stifel will not receive any fees under this Agreement; however, for the avoidance of doubt, you may be reimbursed for accountable out-of-pocket expenses actually incurred by Stifel pursuant to the terms of the Underwriting Agreement and in accordance with FINRA Rule 5110(f)(2)(D). This Agreement shall terminate upon the payment of the entire amount of the Fee, as specified in Section 1 hereof or upon the termination of the Underwriting Agreement without the Shares having been delivered and paid for.

Services Fee. Stifel has provided services to the Adviser to assist the Adviser in the structure and design of the Fund and the organization of the Fund as well as services related to the sale and distribution of the Fund’s Common Shares (the “Services”). In consideration of the Services to the Adviser, subject to and conditioned upon the completion of the Offering, the Adviser shall pay a fee to Stifel in the aggregate amount of $[●[ ] (the “Fee”) on the Closing Date, by wire transfer to the order of Xxxxxx, Xxxxxxxx & Company, Incorporated. The Fee paid to Stifel shall not exceed [●[ ]% of the total price to the public of the Firm Shares sold by the Fund in the Offering. In the event the Offering does not proceed, Stifel will not receive any fees under this Agreement; however, for the avoidance of doubt, you may be reimbursed for accountable out-of-pocket expenses actually incurred by Stifel pursuant to the terms of the Underwriting Agreement and in accordance with FINRA Rule 5110(f)(2)(D). This Agreement shall terminate upon the payment of the entire amount of the Fee, as specified in Section 1 hereof or upon the termination of the Underwriting Agreement without the Shares having been delivered and paid for.

Services Fee. Stifel has provided services to the Adviser to assist the Adviser in the structure and design of the Fund and the organization of the Fund as well as services related to the sale and distribution of the Fund’s Common Shares (the “Services”). In consideration of the Services to the Adviser, subject to and conditioned upon the completion of the Offering, the Adviser shall pay a fee to Stifel in the aggregate amount of $[●·] (the “Fee”) on the Closing Date, by wire transfer to the order of XxxxxxSxxxxx, Xxxxxxxx & Company, Incorporated. The Fee paid to Stifel shall not exceed [●]% of the total price to the public of the Firm Shares sold by the Fund in the Offering. In the event the Offering does not proceed, Stifel will not receive any fees under this Agreement; however, for the avoidance of doubt, you may be reimbursed for accountable out-of-pocket expenses actually incurred by Stifel pursuant to the terms of the Underwriting Agreement and in accordance with FINRA Rule 5110(f)(2)(D). This Agreement shall terminate upon the payment of the entire amount of the Fee, as specified in Section 1 hereof or upon the termination of the Underwriting Agreement without the Shares having been delivered and paid for.

Services Fee. Stifel has provided services to the Adviser to assist the Adviser in the structure and design of the Fund and the organization of the Fund as well as services related to the sale and distribution of the Fund’s Common Shares (the “Services”). In consideration of the Services to the Adviser, subject to and conditioned upon the completion of the Offering, the Adviser shall pay a fee to Stifel in the aggregate amount of $[●•] (the “Fee”) on the Closing Date, by wire transfer to the order of Xxxxxx, Xxxxxxxx & Company, Incorporated. The Fee paid to Stifel shall not exceed [●]% •]% of the total price to the public of the Firm Shares sold by the Fund in the Offering. In the event the Offering does not proceed, Stifel will not receive any fees under this Agreement; however, for the avoidance of doubt, you may be reimbursed for accountable out-of-pocket expenses actually incurred by Stifel pursuant to the terms of the Underwriting Agreement and in accordance with FINRA Rule 5110(f)(2)(D). This Agreement shall terminate upon the payment of the entire amount of the Fee, as specified in Section 1 hereof or upon the termination of the Underwriting Agreement without the Shares having been delivered and paid for.

Services Fee. Stifel has provided services to the Adviser to assist the Adviser in the structure and design of the Fund and the organization of the Fund as well as services related to the sale and distribution of the Fund’s Common Shares (the “Services”). In consideration of the Services to the Adviser, subject to and conditioned upon the completion of the Offering, the Adviser shall pay a fee to Stifel in the aggregate amount of $[●•] (the “Fee”) on or before the Closing Date, by wire transfer to the order of Xxxxxx, Xxxxxxxx & Company, Incorporated. The Fee paid to Stifel shall not exceed [●]% •]% of the total price to the public of the Firm Shares sold by the Fund in the Offering. In the event the Offering does not proceed, Stifel will not receive any fees under this Agreement; however, for the avoidance of doubt, you may be reimbursed for accountable out-of-pocket expenses actually incurred by Stifel pursuant to the terms of the Underwriting Agreement and in accordance with FINRA Rule 5110(f)(2)(D). This Agreement shall terminate upon the payment of the entire amount of the Fee, as specified in Section 1 hereof or upon the termination of the Underwriting Agreement without the Shares having been delivered and paid for.

Services Fee. Stifel has provided services to the Adviser to assist the Adviser in the structure and design of the Fund and the organization of the Fund as well as services related to the sale and distribution of the Fund’s Common Shares (the “Services”). In consideration of the Services to the Adviser, subject to and conditioned upon the completion of the Offering, the Adviser shall pay a fee to Stifel in the aggregate amount of $[●[ ] (the “Fee”) on the Closing Date, by wire transfer to the order of Xxxxxx, Xxxxxxxx & Company, Incorporated. The Fee paid to Stifel shall not exceed [●[ ]% of the total price to the public of the Firm Shares sold by the Fund in the Offering. In the event the Offering does not proceed, Stifel will not receive any fees under this Agreement; however, for the avoidance of doubt, you may be reimbursed for accountable out-of-pocket expenses actually incurred by Stifel pursuant to the terms of the Underwriting Agreement and in accordance with FINRA Rule 5110(f)(2)(D). This Agreement shall terminate upon the payment of the entire amount of the Fee, as specified in Section 1 hereof or upon the termination of the Underwriting Agreement without the Shares having been delivered and paid for.

Services Fee. Stifel has provided services to the Adviser to assist the Adviser in the structure and design of the Fund and the organization of the Fund as well as services related to the sale and distribution of the Fund’s Common Shares (the “Services”). In consideration of the Services to the Adviser, subject to and conditioned upon the completion of the Offering, the Adviser shall pay a fee to Stifel in the aggregate amount of $[●] (the “Fee”) on the Closing Date, by wire transfer to the order of XxxxxxSxxxxx, Xxxxxxxx & Company, Incorporated. The Fee paid to Stifel shall not exceed [●]% of the total price to the public of the Firm Shares sold by the Fund in the Offering. In the event the Offering does not proceed, Stifel will not receive any fees under this Agreement; however, for the avoidance of doubt, you may be reimbursed for accountable out-of-pocket expenses actually incurred by Stifel pursuant to the terms of the Underwriting Agreement and in accordance with FINRA Rule 5110(f)(2)(D). This Agreement shall terminate upon the payment of the entire amount of the Fee, as specified in Section 1 hereof or upon the termination of the Underwriting Agreement without the Shares having been delivered and paid for.