0001193125-12-480833 Sample Contracts

DISTRIBUTION AGREEMENT
Distribution Agreement • November 26th, 2012 • Permal Hedge Strategies Fund • New York

AGREEMENT made this [—] day of November, 2012, between PERMAL HEDGE STRATEGIES FUND, a Maryland statutory trust, (the “Fund”), and Legg Mason Investor Services, LLC (the “Distributor”).

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