Mr. Kyle Betty Bain Capital Credit, LP John Hancock Tower Boston, MA 02116 Re: Griffin Capital BDC Corp. Dear Kyle:Griffin-Benefit Street Partners BDC Corp. • August 1st, 2017
The purpose of this letter is to set forth certain, business understandings between BCSF Advisors, LP ("Bain"), Griffin Capital BDC Advisor, LLC (“GCBA”), and Griffin Capital Company, LLC ("Griffin") with respect to that certain Interim Investment Sub-Advisory Agreement (the "Interim Sub-Advisory Agreement") pursuant to which Bain will serve as the interim investment sub-adviser to Griffin Capital BDC Corp., formerly known as Griffin Capital-Benefit Street Partners BDC Corp. (the "BDC"). The content of this letter of agreement shall be discussed with the board of directors of the BDC (the "Board") in connection with the Board's consideration of the Interim Sub-Advisory Agreement.
INTERIM INVESTMENT SUB-ADVISORY AGREEMENT BY AND AMONG GRIFFIN CAPITAL BDC ADVISOR, LLC, BCSF ADVISORS, LP. AND GRIFFIN CAPITAL BDC CORP.Interim Investment Sub-Advisory Agreement • August 1st, 2017 • Griffin-Benefit Street Partners BDC Corp. • Delaware
THIS INTERIM INVESTMENT SUB-ADVISORY AGREEMENT (this “Agreement”) is made this 1st day of August 2017, by and among Griffin Capital BDC Advisor, LLC, a Delaware limited liability company (the “Adviser”), BCSF Advisors, LP, a Delaware limited liability company (the “Sub-Adviser”), and Griffin Capital BDC Corp. (formerly known as, Griffin-Benefit Street Partners BDC Corp.), a Maryland corporation (the “BDC”).
