Firsthand Capital Management, INC. 150 Almaden Boulevard, Suite 1250 San Jose, California 95113 September 30, 2023Waiver Agreement • November 14th, 2023 • Firsthand Technology Value Fund, Inc.
This letter agreement (this “Agreement”), effective as of September 30, 2023, by and between Firsthand Technology Value Fund, Inc., a Maryland corporation (the “Company”), and Firsthand Capital Management, Inc., a California corporation and the investment adviser to the Company (“FCM”), is intended to memorialize the waiver of certain fees FCM is otherwise entitled to receive pursuant to that certain Master Investment Advisory Agreement dated April 15, 2011, by and between the Company and FCM, as amended from time to time (the “IMA”).
