JOINDER AGREEMENT
AGREEMENT made as of March 25, 2011 by and between each entity listed on Annex I attached hereto (each a “Trust” an “Additional Trust” or collectively the “Trusts” or the “Additional Trusts”) and The Bank of New York Mellon (the “Bank”).
W I T N E S S E T H:
WHEREAS, Destra Investment Trust (the “Company”) has retained the Bank to provide certain administration and accounting services with respect to the Company pursuant to the Fund Administration and Accounting Agreement dated November 1, 2010, by and between the Bank and the Company (the “Administration Agreement”);
WHEREAS, each of the Trusts wishes to retain the Bank to provide such administration and accounting services;
NOW, THEREFORE, the parties hereto agree as follows:
The Trusts each hereby join in and becomes a party to the Administration Agreement and shall constitute a “Trust” under such Agreement, to be referred to collectively with all other trusts as a “Trust” or the “Trusts”. The Company hereby consents to such joinder.
Notwithstanding any other provision of the joinder agreement or the Administration Agreement, the Bank hereby acknowledges and agrees that:
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(A)
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It shall have recourse only to the assets of the Additional Trust and not those of any other Trust, another Series of the Trust or the Trustee personally in respect of any claim, action, demand or right against or in respect of the Trustee arising out of in connection with the Administration Agreement and that any such claim, action, demand or right existing after the assets of the Additional Trust have been exhausted shall be deemed to be discharged and extinguished.
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(B)
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It shall not take any action to commence any case, proceeding, proposal or other action under any existing or future law of any jurisdiction, domestic or foreign, relating to bankruptcy, insolvency, reorganization, arrangement in the nature of insolvency proceedings, adjustment, winding-up, liquidation, dissolution, composition or other analogous relief with respect to the Trustee or the liabilities of the Trustee.
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(C)
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The provisions of the Section shall survive the termination of the Administration Agreement.
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This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original; but such counterparts together shall constitute only one instrument.
IN WITNESS WHEREOF, the parties hereto have caused the foregoing instrument to be executed by their duly authorized officers and their seals to be hereunto affixed, all as of the day and year first above written.
Destra Investment Trust
By: /s/ Xxxxxxxx Xxxxxxx
Name: Xxxxxxxx Dalmaso______________
Title: Director
By: /s/ Xxxxxxxx Xxxxxxx
Name: Xxxxxxxx Dalmaso______________
Title: Director of each of the above Funds
THE BANK OF NEW YORK MELLON
By: /s/ Xxxxxxx Driscoll_______________________
Name: Xxxxxxx Xxxxxxxx
Title: Vice President
ANNEX A
TRUST ACCOUNTS
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Trust Name
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Trust Domicile/Type
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Destra Investment Trust II Massachusetts
Destra Focused Equity Fund
Destra Preferred and Income Securities Fund
