FORM OF SALES INCENTIVE FEE AGREEMENTSales Contracts • May 23rd, 2013 • Flaherty & Crumrine Dynamic Preferred & Income Fund Inc • New York
Contract Type FiledMay 23rd, 2013 Company JurisdictionReference is made to the Underwriting Agreement dated [•], 2013 (the “Underwriting Agreement”), by and among Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated (the “Fund”), Flaherty & Crumrine Incorporated (the “Investment Manager”), Stifel, Nicolaus & Co., Inc. and each of the Underwriters named therein (the “Underwriters”), severally, with respect to the issue and sale of the Fund’s shares of common stock, par value $0.01 (the “Common Shares”), as described therein (the “Offering”). Capitalized terms used herein and not otherwise defined shall have the meanings given to them in the Underwriting Agreement.
FORM OF SALES INCENTIVE FEE AGREEMENTSales Contracts • May 23rd, 2013 • Flaherty & Crumrine Dynamic Preferred & Income Fund Inc • New York
Contract Type FiledMay 23rd, 2013 Company JurisdictionReference is made to the Underwriting Agreement dated [•], 2013 (the “Underwriting Agreement”), by and among Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated (the “Fund”), Flaherty & Crumrine Incorporated (the “Investment Manager”), Pershing LLC and each of the Underwriters named therein (the “Underwriters”), severally, with respect to the issue and sale of the Fund’s shares of common stock, par value $0.01 (the “Common Shares”), as described therein (the “Offering”). Capitalized terms used herein and not otherwise defined shall have the meanings given to them in the Underwriting Agreement.
FORM OF SALES INCENTIVE FEE AGREEMENTSales Contracts • May 23rd, 2013 • Flaherty & Crumrine Dynamic Preferred & Income Fund Inc • New York
Contract Type FiledMay 23rd, 2013 Company JurisdictionReference is made to the Underwriting Agreement dated [•], 2013 (the “Underwriting Agreement”), by and among Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated (the “Fund”), Flaherty & Crumrine Incorporated (the “Investment Manager”), The GMS Group, LLC and each of the Underwriters named therein (the “Underwriters”), severally, with respect to the issue and sale of the Fund’s shares of common stock, par value $0.01 (the “Common Shares”), as described therein (the “Offering”). Capitalized terms used herein and not otherwise defined shall have the meanings given to them in the Underwriting Agreement.