0001581934-14-000030 Sample Contracts

MANAGEMENT AGREEMENT
Management Agreement • May 15th, 2014 • American Capital Senior Floating, Ltd. • New York

This Management Agreement (this “Agreement”), dated as of January 15, 2014 (the “Execution Date”), is by and between American Capital Senior Floating, Ltd., a Maryland corporation (the “Company”), and American Capital ACSF Management, LLC, a Delaware limited liability company (the “Manager”).

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