DISTRIBUTION AGREEMENTDistribution Agreement • June 5th, 2024 • XAI Octagon Floating Rate & Alternative Income Trust • New York
This DISTRIBUTION AGREEMENT (this “Agreement”) made as of June 4, 2024 by and between XAI Octagon Floating Rate & Alternative Income Trust, a Delaware statutory trust (the “Fund”), and Paralel Distributors LLC, a Delaware limited liability company (the “Distributor”).
SUB-PLACEMENT AGENT AGREEMENT Paralel Distributors LLCSub-Placement Agent Agreement • June 5th, 2024 • XAI Octagon Floating Rate & Alternative Income Trust
From time-to-time Paralel Distributors LLC (the “Distributor”, “we” or “us”) will act as manager of registered at-the-market offerings by XAI Octagon Floating Rate & Alternative Income Trust, a Delaware statutory trust (the “Fund”), of up to 15,000,000 shares (the “Shares”) of beneficial interest, par value $0.01 per share, of the Fund (the “Common Shares”). In the case of such offerings, the Fund has agreed with the Distributor to issue and sell through the Distributor, as sales agent, the Shares (the “Distribution Agreement”).
