AMENDMENT NO. 1 TO SUB-PLACEMENT AGENT AGREEMENTSub-Placement Agent Agreement • February 6th, 2024 • Reaves Utility Income Fund • New York
This Amendment No. 1. (“Amendment”) is made in reference to the Sub-Placement Agent Agreement, dated September 19, 2022 (the “Sub-Placement Agent Agreement”), by and between UBS Securities LLC (“Agent”) and Paralel Distributors LLC (the “Distributor”), related to the engagement of the Agent by Manager as a sub-placement agent with respect to the initial offering of up to 8,000,000 shares of beneficial interest, no par value, to be issued and sold by the Reaves Utility Income Fund (the “Fund”) in registered at-the-market offerings. The Parties agree as follows:
AMENDMENT NO. 1 TO DISTRIBUTION AGREEMENTDistribution Agreement • February 6th, 2024 • Reaves Utility Income Fund • New York
This Amendment No. 1. (“Amendment”) is made in reference to the Distribution Agreement, dated September 19, 2022 (the “Distribution Agreement”), by and between Reaves Utility Income Fund, a Delaware statutory trust (the “Fund”) and Paralel Distributors LLC,, as principal underwriter and placement agent (the “Distributor”), which initially related to the offer and sale of up to 8,000,000 shares of beneficial interest, no par value, of the Fund, from time to time, through the Distributor or sub-placement agents, in transactions that are deemed to be “at the market” as defined in Rule 415 under the Securities Act of 1933, as amended.
