Common Contracts

Clough Global Opportunities Fund (a Delaware statutory trust) 18,000 Auction Market Preferred Shares ("AMPS") 3,600 Shares [ ] %, Series M7 3,600 Shares [ ]%, Series W7 3,600 Shares [ ] %, Series F7 3,600 Shares [ ]%, Series T28 3,600 Shares [ ]%,...

Clough Global Opportunities Fund • October 16th, 2006 • New York

• Company
  Clough Global Opportunities Fund
• Filed
  October 16th, 2006
• Jurisdiction
  New York

Clough Global Opportunities Fund, a Delaware statutory trust (the "Trust"), proposes, upon the terms and conditions set forth herein, to issue and sell an aggregate of 3,600 shares of its Auction Market Preferred Shares, Series M7, 3,600 shares of its Auction Market Preferred Shares, Series W7, 3,600 shares of its Auction Market Preferred Shares, Series F7, 3,600 shares of its Auction Market Preferred Shares, Series T28 and 3,600 shares of its Auction Market Preferred Shares, Series Th28, each with a liquidation preference of $25,000 per share (the "AMPS"). The AMPS will be authorized by, and subject to the terms and conditions of, the Trust's Statement of Preferences of Auction Market Preferred Shares, dated [ ], 2006 (the "Statement of Preferences"), and the Trust's Agreement and Declaration of Trust, dated January 12, 2006 (the "Charter"), each in the form filed as an appendix or an exhibit, as applicable, to the Registration Statement referred to in the second following paragraph t

Clough Global Opportunities Fund (a Delaware statutory trust) [ ] Common Shares of Beneficial Interest $20.00 per Share (No Par Value) FORM OF PURCHASE AGREEMENT

Clough Global Opportunities Fund • March 23rd, 2006 • New York

• Company
  Clough Global Opportunities Fund
• Filed
  March 23rd, 2006
• Jurisdiction
  New York

Merrill Lynch & Co. Merrill Lynch, Pierce, Fenner & Smith Incorporated [Other Co-Managers] c/o Merrill Lynch, Pierce, Fenner & Smith Incorporated 4 World Financial Center New York, New York 10080

Clough Global Equity Fund (a Delaware statutory trust) [ ] Auction Market Preferred Shares ("AMPS") [ ] Shares [ ]%, Series [M28] [ ] Shares [ ]%, Series [F7] Liquidation Preference $25,000 per Share FORM OF PURCHASE AGREEMENT

Clough Global Equity Fund • September 12th, 2005 • New York

• Company
  Clough Global Equity Fund
• Filed
  September 12th, 2005
• Jurisdiction
  New York

Clough Global Equity Fund, a Delaware statutory trust (the "Trust"), proposes, upon the terms and conditions set forth herein, to issue and sell an aggregate of [ ] shares of its Auction Market Preferred Shares, Series M28 and [ ] shares of its Auction Market Preferred Shares, Series F7, each with a liquidation preference of $25,000 per share (the "AMPS"). The AMPS will be authorized by, and subject to the terms and conditions of, the Trust's Statement of Preferences of Auction Market Preferred Shares, dated [ ], 2005 (the "Statement of Preferences"), and the Trust's Agreement and Declaration of Trust, dated January 25, 2005 (the "Charter"), each in the form filed as an exhibit to the Registration Statement referred to in the second following paragraph to this Agreement, as the same may be amended from time to time. The Trust and the Trust's investment adviser, Clough Capital Partners L.P., a Delaware limited partnership ("Clough" or the "Investment Adviser"), and the Trust's administr

Clough Global Equity Fund (a Delaware statutory trust) [ ] Common Shares of Beneficial Interest $20.00 per Share (No Par Value) PURCHASE AGREEMENT

Clough Global Equity Fund • April 22nd, 2005 • New York

• Company
  Clough Global Equity Fund
• Filed
  April 22nd, 2005
• Jurisdiction
  New York

Merrill Lynch & Co. Merrill Lynch, Pierce, Fenner & Smith Incorporated BB&T Capital Markets, a division of Scott & Stringfellow, Inc. Robert W. Baird & Co. Incorporated Ferris, Baker Watts, Incorporated Morgan Keegan & Company, Inc. Oppenheimer & Co. Inc. Raymond James & Associates, Inc. Stifel, Nicolaus & Company, Incorporated Wedbush Morgan Securities Inc. c/o Merrill Lynch, Pierce, Fenner & Smith Incorporated 4 World Financial Center New York, New York 10080

Clough Global Allocation Fund (a Delaware statutory trust) 3,800 Auction Market Preferred Shares ("AMPS") 3,800 Shares [ ]%, Series W28 Liquidation Preference $25,000 per Share FORM OF PURCHASE AGREEMENT

Clough Global Allocation Fund • November 30th, 2004 • New York

• Company
  Clough Global Allocation Fund
• Filed
  November 30th, 2004
• Jurisdiction
  New York

Merrill Lynch & Co. Merrill Lynch, Pierce, Fenner & Smith Incorporated c/o Merrill Lynch, Pierce, Fenner & Smith Incorporated 4 World Financial Center New York, New York 10080

Reaves Utility Income Fund (a Delaware statutory trust) 9,600 Auction Market Preferred Shares ("AMPS") 3,200 Shares [ ]%, Series M7 3,200 Shares [ ]%, Series F7 3,200 Shares [ ]%, Series W28 Liquidation Preference $25,000 per share PURCHASE AGREEMENT

Reaves Utility Income Fund • June 25th, 2004 • New York

• Company
  Reaves Utility Income Fund
• Filed
  June 25th, 2004
• Jurisdiction
  New York

Merrill Lynch & Co. Merrill Lynch, Pierce, Fenner & Smith Incorporated A.G. Edwards & Sons, Inc. BNY Capital Markets, Inc. c/o Merrill Lynch, Pierce, Fenner & Smith Incorporated 4 World Financial Center New York, New York 10080

Reaves Utility Income Fund (a Delaware statutory trust) Common Shares of Beneficial Interest $20.00 per Share (No Par Value) PURCHASE AGREEMENT

Reaves Utility Income Fund • February 26th, 2004 • New York

• Company
  Reaves Utility Income Fund
• Filed
  February 26th, 2004
• Jurisdiction
  New York

Merrill Lynch & Co. Merrill Lynch, Pierce, Fenner & Smith Incorporated A. G. Edwards & Sons, Inc. RBC Capital Markets Corporation Wachovia Capital Markets, LLC Advest, Inc. BB&T Capital Markets, a division of Scott & Stringfellow, Inc. Robert W. Baird & Co. Incorporated J.J.B. Hilliard, W.L. Lyons, Inc. Janney Montgomery Scott LLC McDonald Investments Inc., a KeyCorp Company Morgan Keegan & Company, Inc. BNY Capital Markets, Inc. c/o Merrill Lynch, Pierce, Fenner & Smith Incorporated 4 World Financial Center New York, New York 10080