Agreement Regarding Incentive Fees Sample Contracts

LETTER AGREEMENT
Agreement Regarding Incentive Fees • April 2nd, 2019 • Portman Ridge Finance Corp

This Letter Agreement documents an undertaking by Sierra Crest Investment Management LLC (the “Adviser”) regarding the Incentive Fees (as defined below) to be paid by the Company pursuant to the Investment Advisory Agreement between the Company and the Adviser dated April 1, 2019 (the “Advisory Agreement”).

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