Exhibit (k)(8) UNDERWRITER PARTICIPATION AGREEMENT This Agreement, dated as of August 26, 2003, is entered into between Flaherty & Crumrine/Claymore Total Return Fund Incorporated (the "Fund") and Claymore Securities, Inc. ("Claymore") with respect to...Underwriter Participation Agreement • October 27th, 2003 • Flaherty & Crumrine/Claymore Total Return Fund Inc • New York
