Incorporated Master Agreement Sample Contracts

STIFEL, NICOLAUS & COMPANY, INCORPORATED MASTER AGREEMENT AMONG UNDERWRITERS
Incorporated Master Agreement • May 23rd, 2005 • Tortoise Energy Capital Corp • New York

In connection with certain public offerings of securities after the date hereof for which we are acting as representative or one of the representatives of the members of the underwriting syndicate, you may be offered the opportunity to join the underwriting syndicate. This will confirm our mutual agreement as to the general terms and conditions applicable to your participation in any such underwriting syndicate.

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