0001206774-13-002047 Sample Contracts

DISTRIBUTION AGREEMENT
Distribution Agreement • June 4th, 2013 • Flaherty & Crumrine Dynamic Preferred & Income Fund Inc • New York

This Agreement is made as of April 17, 2013, by and among Flaherty & Crumrine Incorporated, a California Corporation (the “Adviser”), and Destra Capital Investments LLC, a Delaware limited liability company (“Destra”).

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SERVICE AGREEMENT FOR TRANSFER AGENT SERVICES TO FLAHERTY & CRUMRINE DYNAMIC PREFERRED AND INCOME FUND INCORPORATED
Service Agreement • June 4th, 2013 • Flaherty & Crumrine Dynamic Preferred & Income Fund Inc • New York

THIS SERVICE AGREEMENT FOR TRANSFER AGENT SERVICES (this “Agreement”) between Flaherty & Crumrine Dynamic Preferred and Income Fund Incorporated, a Maryland corporation, (“Client” or the “Fund”) and BNY Mellon Investment Servicing (US) Inc., a Massachusetts corporation (“Transfer Agent”), is dated as of May ___, 2013.

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