BUSINESS DESIGNATION LICENSE AGREEMENTBusiness Designation License Agreement • May 20th, 2014 • Carlyle Select Trust • Delaware
Contract Type FiledMay 20th, 2014 Company JurisdictionBUSINESS DESIGNATION LICENSE AGREEMENT, dated April 16, 2014, by and between Carlyle Investment Management L.L.C., a Delaware limited liability company (“Licensor”), and Carlyle Select Trust, a Delaware statutory trust (the “Trust”), on behalf of the Trust and each series of the Trust, including series created after the date of this Agreement (each such series is referred to herein as a “Fund”, the Trust and the Funds are referred to collectively as the “Licensee”, and together with Licensor, the “Parties”).