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 AGREEMENTClough Global Equity Fund • September 12th, 2005 • 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
AUCTION AGENCY AGREEMENT dated as of September , 2005 Relating to Auction Market Preferred Shares ("AMPS"), Shares Series M28 Shares Series F7 of CLOUGH GLOBAL EQUITY FUNDAuction Agency Agreement • September 12th, 2005 • Clough Global Equity Fund • New York
This Auction Agency Agreement (this "Agreement"), dated as of September , 2005, is between CLOUGH GLOBAL EQUITY FUND (the "Fund") and The Bank of New York, a New York banking corporation (the "Auction Agent").
BROKER-DEALER AGREEMENTBroker-Dealer Agreement • September 12th, 2005 • Clough Global Equity Fund • New York
This Broker-Dealer Agreement dated as of September , 2005, is between The Bank of New York, a New York banking corporation (the "Auction Agent") (not in its individual capacity, but solely as agent of Clough Global Equity Fund, a statutory trust organized under the laws of the State of Delaware, as the same may be amended from time to time (the "Fund"), pursuant to authority granted to it in the Auction Agency Agreement between the Fund and the Auction Agent (the "Auction Agency Agreements") and Merrill Lynch, Pierce, Fenner & Smith Incorporated, Merrill Lynch & Co. (together with its successors and assigns, "BD").
