0001047469-10-010443 Sample Contracts

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • December 15th, 2010 • Blackstone / GSO Long-Short Credit Income Fund • New York

This Investment Advisory Agreement, dated and effective as of , is made by and between Blackstone / GSO Long-Short Credit Income Fund, a Delaware statutory trust (herein referred to as the “Fund”) and GSO / Blackstone Debt Funds Management LLC, a Delaware limited liability company (herein referred to as the “Adviser”) (this “Agreement”).

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