Common Contracts

The Cushing MLP Infrastructure Master Fund The Cushing MLP Infrastructure Fund I The Cushing MLP Infrastructure Fund II Dallas, Texas 75225 Ladies and Gentlemen:

Fee Waiver and Expense Reimbursement Agreement • September 1st, 2015 • Cushing MLP Infrastructure Fund II • Delaware

• Contract Type
  Fee Waiver and Expense Reimbursement Agreement
• Filed
  September 1st, 2015
• Company
  Cushing MLP Infrastructure Fund II
• Jurisdiction
  Delaware

This letter agreement (the “Agreement”) confirms the contractual fee waiver and expense reimbursement agreement by Cushing Asset Management, LP (the “Adviser”) with respect to each of The Cushing MLP Infrastructure Master Fund (the “Master Fund”), The Cushing MLP Infrastructure Fund I (“Feeder Fund I”) and The Cushing MLP Infrastructure Fund II (“Feeder Fund II” and, together with Feeder Fund I, each a “Feeder Fund” and, the Feeder Funds together with the Master Fund, each a “Fund”).

Contract

Fee Waiver and Expense Reimbursement Agreement • September 1st, 2015 • Cushing MLP Infrastructure Master Fund • Delaware

• Contract Type
  Fee Waiver and Expense Reimbursement Agreement
• Filed
  September 1st, 2015
• Company
  Cushing MLP Infrastructure Master Fund
• Jurisdiction
  Delaware