0001193125-12-319827 Sample Contracts

DISTRIBUTION AGREEMENT
Distribution Agreement • July 27th, 2012 • Permal Hedge Strategies Fund • Maryland

This DISTRIBUTION AGREEMENT (this “Agreement”) is made this [—]th day of [—], 2012 by and between Permal Hedge Strategies Fund (“Investment Company”), a Maryland statutory trust, and Legg Mason Investor Services, LLC (“Distributor”).

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