%PDF-1.5 1 0 obj <> endobj 3 0 obj <> endobj 4 0 obj <> stream BT /F1 10.00 Tf ET 0 Tr /GS0 gs 0 Tw 0 Tc 100 Tz 0 TL q 0 0 0 rg BT 268.75 742.10 Td (UNITED ST) Tj ET Q q 0 0 0 rg BT 319.33 742.10 Td (A) Tj ET Q q 0 0 0 rg BT 325.44 742.10 Td (TES) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.00 727.70 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 203.90 713.30 Td (SECURITIES ) Tj ET Q q 0 0 0 rg BT 262.52 713.30 Td (AND EXCHANGE COMMISSION) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.00 698.90 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 247.05 684.50 Td (W) Tj ET Q q 0 0 0 rg BT 255.38 684.50 Td (ASHINGT) Tj ET Q q 0 0 0 rg BT 299.09 684.50 Td (ON, D.C. 20549) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.00 670.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 282.80 655.70 Td (FORM 8-K) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 324.00 641.30 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 262.70 626.90 Td (CURRENT) Tj ET Q q 0 0 0 rg BT 309.19 626.90 Td ( REPOR) Tj ET Q q 0 0 0 rg BT 343.32 626.90 Td (T) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 612.50 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 163.80 598.10 Td (Pursuant to Section 13 or 15\(d\) of the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 400.42 598.10 Td (Act of 1934) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 81.45 549.37 Td (Date of Report \(Date of Earliest Event Reported\):) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 467.05 549.37 Td (May 4, 2018) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 534.30 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 519.90 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 212 518.5669921875 m 404.490234375 518.5669921875 l s q 0 0 0 rg BT 212.00 519.90 Td ( HMS Income Fund, Inc. ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 202.70 505.50 Td (\(Exact name of registrant as specified in its charter\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 306.00 491.10 Td () Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 118.55 466.93339843750005 m 157.426953125 466.93339843750005 l s q 0 0 0 rg BT 118.55 468.27 Td (Maryland) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 85.35 456.27 Td (\(State or other jurisdiction) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 286.8 466.93339843750005 m 330.130078125 466.93339843750005 l s q 0 0 0 rg BT 286.80 468.27 Td (814-00939) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.55 456.27 Td (\(Commission) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 455.3 466.93339843750005 m 503.630078125 466.93339843750005 l s q 0 0 0 rg BT 455.30 468.27 Td (45-3999996) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 445.30 456.27 Td (\(I.R.S. Employer) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.95 442.17 Td (of incorporation\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 281.40 442.17 Td (File Number\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 442.25 442.17 Td (Identification No.\)) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 125.6 411.93339843750005 m 321.3861328125 411.93339843750005 l s q 0 0 0 rg BT 125.60 413.27 Td (2800 Post Oak Blvd, Suite 5000, Houston, ) Tj ET Q q 0 0 0 rg BT 298.21 413.27 Td (T) Tj ET Q q 0 0 0 rg BT 303.62 413.27 Td (exas) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 144.15 401.27 Td (\(Address of principal executive of) Tj ET Q q 0 0 0 rg BT 280.59 401.27 Td (fices\)) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 455.5 411.93339843750005 m 503.458984375 411.93339843750005 l s q 0 0 0 rg BT 455.50 413.27 Td (77056-61) Tj ET Q q 0 0 0 rg BT 493.46 413.27 Td (18) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 457.40 401.27 Td (\(Zip Code\)) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 386.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 84.05 366.17 Td (Registrant) Tj ET Q q 0 0 0 rg BT 128.21 366.17 Td (s telephone number) Tj ET Q q 0 0 0 rg BT 206.04 366.17 Td (, including area code:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 465.75 366.17 Td (\(888\) 220-6121) Tj ET Q BT /F1 10.00 Tf ET BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 351.10 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 322.30 Td ( ) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 0.49 w 0 i [] 0 d 1 J 1 j 3 M 194 320.9669921875 m 417.3203125 320.9669921875 l s q 0 0 0 rg BT 194.00 322.30 Td ( Not ) Tj ET Q q 0 0 0 rg BT 288.45 322.30 Td (Applicable ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 186.30 307.90 Td (Former name or former address, if changed since last report) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 293.50 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 279.10 Td (Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 264.70 Td (registrant under any of the following provisions:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 254.70 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 242.70 Td ([ ] ) Tj ET Q q 0 0 0 rg BT 61.48 242.70 Td (W) Tj ET Q q 0 0 0 rg BT 70.52 242.70 Td (ritten communications pursuant to Rule 425 under the Securities ) Tj ET Q q 0 0 0 rg BT 330.19 242.70 Td (Act \(17 CFR 230.425\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 230.70 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 218.70 Td ([ ] Soliciting material pursuant to Rule 14a-12 under the Exchange ) Tj ET Q q 0 0 0 rg BT 318.54 218.70 Td (Act \(17 CFR 240.14a-12\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 206.70 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 194.70 Td ([ ] Pre-commencement communications pursuant to Rule 14d-2\(b\) under the Exchange ) Tj ET Q q 0 0 0 rg BT 400.18 194.70 Td (Act \(17 CFR 240.14d-2\(b\)\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 182.70 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 170.70 Td ([ ] Pre-commencement communications pursuant to Rule 13e-4\(c\) under the Exchange ) Tj ET Q q 0 0 0 rg BT 399.05 170.70 Td (Act \(17 CFR 240.13e-4\(c\)\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 136.30 Td (Indicate by check mark whether the registrant is an emer) Tj ET Q q 0 0 0 rg BT 276.67 136.30 Td (ging growth company as defined in Rule 405 of the Securities ) Tj ET Q q 0 0 0 rg BT 526.34 136.30 Td (Act of ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 121.90 Td (1933 \(230.405 of this chapter\) or Rule 12b-2 of the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 345.76 121.90 Td (Act of 1934 \(240.12b-2 of this chapter\).) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 433.85 97.90 Td (Emer) Tj ET Q q 0 0 0 rg BT 455.32 97.90 Td (ging growth company) Tj ET Q /GS0 gs q 8.91 0 0 10.09 553.09 95.74 cm /I1 Do Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 73.90 Td (If ) Tj ET Q q 0 0 0 rg BT 59.09 73.90 Td (an ) Tj ET Q q 0 0 0 rg BT 70.96 73.90 Td (emer) Tj ET Q q 0 0 0 rg BT 90.77 73.90 Td (ging ) Tj ET Q q 0 0 0 rg BT 110.98 73.90 Td (growth ) Tj ET Q q 0 0 0 rg BT 141.74 73.90 Td (company) Tj ET Q q 0 0 0 rg BT 177.74 73.90 Td (, ) Tj ET Q q 0 0 0 rg BT 182.68 73.90 Td (indicate ) Tj ET Q q 0 0 0 rg BT 216.76 73.90 Td (by ) Tj ET Q q 0 0 0 rg BT 229.19 73.90 Td (check ) Tj ET Q q 0 0 0 rg BT 254.94 73.90 Td (mark ) Tj ET Q q 0 0 0 rg BT 277.92 73.90 Td (if ) Tj ET Q q 0 0 0 rg BT 286.46 73.90 Td (the ) Tj ET Q q 0 0 0 rg BT 301.10 73.90 Td (registrant ) Tj ET Q q 0 0 0 rg BT 341.30 73.90 Td (has ) Tj ET Q q 0 0 0 rg BT 357.06 73.90 Td (elected ) Tj ET Q q 0 0 0 rg BT 387.80 73.90 Td (not ) Tj ET Q q 0 0 0 rg BT 403.01 73.90 Td (to ) Tj ET Q q 0 0 0 rg BT 413.22 73.90 Td (use ) Tj ET Q q 0 0 0 rg BT 428.98 73.90 Td (the ) Tj ET Q q 0 0 0 rg BT 443.63 73.90 Td (extended ) Tj ET Q q 0 0 0 rg BT 482.16 73.90 Td (transition ) Tj ET Q q 0 0 0 rg BT 522.36 73.90 Td (period ) Tj ET Q q 0 0 0 rg BT 550.34 73.90 Td (for ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 61.90 Td (complying ) Tj ET Q q 0 0 0 rg BT 95.27 61.90 Td (with ) Tj ET Q q 0 0 0 rg BT 115.55 61.90 Td (any ) Tj ET Q q 0 0 0 rg BT 132.49 61.90 Td (new ) Tj ET Q q 0 0 0 rg BT 151.65 61.90 Td (or ) Tj ET Q q 0 0 0 rg BT 162.48 61.90 Td (revised ) Tj ET Q q 0 0 0 rg BT 193.86 61.90 Td (financial ) Tj ET Q q 0 0 0 rg BT 231.34 61.90 Td (accounting ) Tj ET Q q 0 0 0 rg BT 277.71 61.90 Td (standards ) Tj ET Q q 0 0 0 rg BT 317.98 61.90 Td (provided ) Tj ET Q q 0 0 0 rg BT 356.03 61.90 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 392.96 61.90 Td (to ) Tj ET Q q 0 0 0 rg BT 403.24 61.90 Td (Section ) Tj ET Q q 0 0 0 rg BT 435.74 61.90 Td (13\(a\) ) Tj ET Q q 0 0 0 rg BT 459.34 61.90 Td (of ) Tj ET Q q 0 0 0 rg BT 470.17 61.90 Td (the ) Tj ET Q q 0 0 0 rg BT 484.88 61.90 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 526.25 61.90 Td (Act. ) Tj ET Q q 0 0 0 rg BT 545.69 61.90 Td ( ) Tj ET Q /GS0 gs q 8.91 0 0 10.09 548.19 59.74 cm /I2 Do Q endstream endobj 5 0 obj <> endobj 6 0 obj <> stream BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 739.23 Td (Item1.01) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 103.00 739.23 Td (Entry into a Material Definitive ) Tj ET Q q 0 0 0 rg BT 240.48 739.23 Td (Agr) Tj ET Q q 0 0 0 rg BT 256.96 739.23 Td (eement.) Tj ET Q BT /F1 10.00 Tf ET BT /F3 10.00 Tf ET q 0 0 0 rg BT 50.00 712.00 Td (First Quarter 2018 Conditional Income Incentive Fee W) Tj ET Q q 0 0 0 rg BT 275.42 712.00 Td (aiver ) Tj ET Q q 0 0 0 rg BT 298.29 712.00 Td (Agr) Tj ET Q q 0 0 0 rg BT 312.92 712.00 Td (eement) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 688.00 Td (On ) Tj ET Q q 0 0 0 rg BT 64.14 688.00 Td (May ) Tj ET Q q 0 0 0 rg BT 84.39 688.00 Td (4, ) Tj ET Q q 0 0 0 rg BT 93.82 688.00 Td (2018, ) Tj ET Q q 0 0 0 rg BT 118.24 688.00 Td (HMS ) Tj ET Q q 0 0 0 rg BT 141.83 688.00 Td (Income ) Tj ET Q q 0 0 0 rg BT 173.74 688.00 Td (Fund, ) Tj ET Q q 0 0 0 rg BT 198.72 688.00 Td (Inc. ) Tj ET Q q 0 0 0 rg BT 215.91 688.00 Td (\(the ) Tj ET Q q 0 0 0 rg BT 233.38 688.00 Td (Company\), ) Tj ET Q q 0 0 0 rg BT 288.90 688.00 Td (HMS ) Tj ET Q q 0 0 0 rg BT 312.07 688.00 Td (Adviser ) Tj ET Q q 0 0 0 rg BT 345.65 688.00 Td (LP) Tj ET Q q 0 0 0 rg BT 356.95 688.00 Td ( ) Tj ET Q q 0 0 0 rg BT 358.87 688.00 Td (and ) Tj ET Q q 0 0 0 rg BT 375.23 688.00 Td (MSC ) Tj ET Q q 0 0 0 rg BT 397.85 688.00 Td (Adviser ) Tj ET Q q 0 0 0 rg BT 431.43 688.00 Td (I, ) Tj ET Q q 0 0 0 rg BT 439.18 688.00 Td (LLC ) Tj ET Q q 0 0 0 rg BT 459.99 688.00 Td (\(together) Tj ET Q q 0 0 0 rg BT 495.69 688.00 Td (, ) Tj ET Q q 0 0 0 rg BT 500.11 688.00 Td (the ) Tj ET Q q 0 0 0 rg BT 514.25 688.00 Td (Advisers\) ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 676.00 Td (entered ) Tj ET Q q 0 0 0 rg BT 83.27 676.00 Td (into ) Tj ET Q q 0 0 0 rg BT 102.68 676.00 Td (a ) Tj ET Q q 0 0 0 rg BT 110.97 676.00 Td (conditional ) Tj ET Q q 0 0 0 rg BT 159.81 676.00 Td (income ) Tj ET Q q 0 0 0 rg BT 193.09 676.00 Td (incentive ) Tj ET Q q 0 0 0 rg BT 233.59 676.00 Td (fee ) Tj ET Q q 0 0 0 rg BT 249.65 676.00 Td (waiver ) Tj ET Q q 0 0 0 rg BT 280.71 676.00 Td (agreement ) Tj ET Q q 0 0 0 rg BT 326.20 676.00 Td (\(the ) Tj ET Q q 0 0 0 rg BT 345.60 676.00 Td (First ) Tj ET Q q 0 0 0 rg BT 372.22 676.00 Td (Quarter ) Tj ET Q q 0 0 0 rg BT 406.61 676.00 Td (2018 ) Tj ET Q q 0 0 0 rg BT 430.46 676.00 Td (Conditional ) Tj ET Q q 0 0 0 rg BT 481.53 676.00 Td (Income ) Tj ET Q q 0 0 0 rg BT 515.37 676.00 Td (Fee ) Tj ET Q q 0 0 0 rg BT 533.38 676.00 Td (W) Tj ET Q q 0 0 0 rg BT 542.02 676.00 Td (aiver ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 664.00 Td (Agreement\), ) Tj ET Q q 0 0 0 rg BT 108.28 664.00 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 146.31 664.00 Td (to ) Tj ET Q q 0 0 0 rg BT 157.68 664.00 Td (which, ) Tj ET Q q 0 0 0 rg BT 188.20 664.00 Td (for ) Tj ET Q q 0 0 0 rg BT 203.45 664.00 Td (a ) Tj ET Q q 0 0 0 rg BT 211.48 664.00 Td (period ) Tj ET Q q 0 0 0 rg BT 240.62 664.00 Td (from ) Tj ET Q q 0 0 0 rg BT 263.64 664.00 Td (January ) Tj ET Q q 0 0 0 rg BT 298.33 664.00 Td (1, ) Tj ET Q q 0 0 0 rg BT 309.42 664.00 Td (2018 ) Tj ET Q q 0 0 0 rg BT 333.01 664.00 Td (through ) Tj ET Q q 0 0 0 rg BT 367.71 664.00 Td (March ) Tj ET Q q 0 0 0 rg BT 397.39 664.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 413.48 664.00 Td (2018, ) Tj ET Q q 0 0 0 rg BT 439.57 664.00 Td (the ) Tj ET Q q 0 0 0 rg BT 454.58 664.00 Td (Advisers ) Tj ET Q q 0 0 0 rg BT 493.72 664.00 Td (would ) Tj ET Q q 0 0 0 rg BT 522.31 664.00 Td (waive ) Tj ET Q q 0 0 0 rg BT 549.78 664.00 Td (the ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 652.00 Td (subordinated ) Tj ET Q q 0 0 0 rg BT 107.60 652.00 Td (incentive ) Tj ET Q q 0 0 0 rg BT 145.76 652.00 Td (fee ) Tj ET Q q 0 0 0 rg BT 159.48 652.00 Td (on ) Tj ET Q q 0 0 0 rg BT 170.99 652.00 Td (income, ) Tj ET Q q 0 0 0 rg BT 208.87 652.00 Td (as ) Tj ET Q q 0 0 0 rg BT 218.71 652.00 Td (such ) Tj ET Q q 0 0 0 rg BT 238.56 652.00 Td (term ) Tj ET Q q 0 0 0 rg BT 258.39 652.00 Td (is ) Tj ET Q q 0 0 0 rg BT 266.57 652.00 Td (defined ) Tj ET Q q 0 0 0 rg BT 298.07 652.00 Td (in ) Tj ET Q q 0 0 0 rg BT 307.35 652.00 Td (the ) Tj ET Q q 0 0 0 rg BT 321.08 652.00 Td (Investment ) Tj ET Q q 0 0 0 rg BT 366.69 652.00 Td (Advisory ) Tj ET Q q 0 0 0 rg BT 405.42 652.00 Td (and ) Tj ET Q q 0 0 0 rg BT 421.04 652.00 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 482.54 652.00 Td (Services ) Tj ET Q q 0 0 0 rg BT 517.59 652.00 Td (Agreement ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 640.00 Td (dated ) Tj ET Q q 0 0 0 rg BT 74.68 640.00 Td (May ) Tj ET Q q 0 0 0 rg BT 96.04 640.00 Td (31, ) Tj ET Q q 0 0 0 rg BT 111.57 640.00 Td (2012, ) Tj ET Q q 0 0 0 rg BT 137.09 640.00 Td (upon ) Tj ET Q q 0 0 0 rg BT 160.12 640.00 Td (the ) Tj ET Q q 0 0 0 rg BT 175.37 640.00 Td (occurrence ) Tj ET Q q 0 0 0 rg BT 222.25 640.00 Td (of ) Tj ET Q q 0 0 0 rg BT 233.60 640.00 Td (any ) Tj ET Q q 0 0 0 rg BT 251.07 640.00 Td (event ) Tj ET Q q 0 0 0 rg BT 275.75 640.00 Td (that, ) Tj ET Q q 0 0 0 rg BT 296.27 640.00 Td (in ) Tj ET Q q 0 0 0 rg BT 307.08 640.00 Td (the ) Tj ET Q q 0 0 0 rg BT 321.66 640.00 Td (Advisers) Tj ET Q q 0 0 0 rg BT 359.80 640.00 Td ( ) Tj ET Q q 0 0 0 rg BT 362.82 640.00 Td (sole ) Tj ET Q q 0 0 0 rg BT 381.96 640.00 Td (discretion, ) Tj ET Q q 0 0 0 rg BT 426.92 640.00 Td (causes ) Tj ET Q q 0 0 0 rg BT 456.05 640.00 Td (such ) Tj ET Q q 0 0 0 rg BT 477.40 640.00 Td (waiver ) Tj ET Q q 0 0 0 rg BT 507.64 640.00 Td (to ) Tj ET Q q 0 0 0 rg BT 518.44 640.00 Td (be ) Tj ET Q q 0 0 0 rg BT 530.91 640.00 Td (deemed ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 628.00 Td (necessary) Tj ET Q q 0 0 0 rg BT 88.22 628.00 Td (. ) Tj ET Q q 0 0 0 rg BT 93.42 628.00 Td (The ) Tj ET Q q 0 0 0 rg BT 111.88 628.00 Td (First ) Tj ET Q q 0 0 0 rg BT 133.13 628.00 Td (Quarter ) Tj ET Q q 0 0 0 rg BT 166.58 628.00 Td (2018 ) Tj ET Q q 0 0 0 rg BT 189.49 628.00 Td (Conditional ) Tj ET Q q 0 0 0 rg BT 239.62 628.00 Td (Income ) Tj ET Q q 0 0 0 rg BT 272.52 628.00 Td (Fee ) Tj ET Q q 0 0 0 rg BT 289.66 628.00 Td (W) Tj ET Q q 0 0 0 rg BT 298.30 628.00 Td (aiver ) Tj ET Q q 0 0 0 rg BT 320.55 628.00 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 367.89 628.00 Td (may ) Tj ET Q q 0 0 0 rg BT 388.02 628.00 Td (require ) Tj ET Q q 0 0 0 rg BT 419.24 628.00 Td (the ) Tj ET Q q 0 0 0 rg BT 434.37 628.00 Td (Company ) Tj ET Q q 0 0 0 rg BT 476.17 628.00 Td (to ) Tj ET Q q 0 0 0 rg BT 486.86 628.00 Td (repay ) Tj ET Q q 0 0 0 rg BT 511.98 628.00 Td (the ) Tj ET Q q 0 0 0 rg BT 526.46 628.00 Td (Advisers ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 616.00 Td (for ) Tj ET Q q 0 0 0 rg BT 63.92 616.00 Td (previously ) Tj ET Q q 0 0 0 rg BT 108.40 616.00 Td (waived ) Tj ET Q q 0 0 0 rg BT 139.54 616.00 Td (reimbursement ) Tj ET Q q 0 0 0 rg BT 201.78 616.00 Td (of ) Tj ET Q q 0 0 0 rg BT 212.37 616.00 Td (payments ) Tj ET Q q 0 0 0 rg BT 252.95 616.00 Td (by ) Tj ET Q q 0 0 0 rg BT 265.21 616.00 Td (HMS ) Tj ET Q q 0 0 0 rg BT 288.65 616.00 Td (Adviser ) Tj ET Q q 0 0 0 rg BT 322.57 616.00 Td (LP) Tj ET Q q 0 0 0 rg BT 333.87 616.00 Td ( ) Tj ET Q q 0 0 0 rg BT 336.13 616.00 Td (of ) Tj ET Q q 0 0 0 rg BT 346.72 616.00 Td (the ) Tj ET Q q 0 0 0 rg BT 361.20 616.00 Td (Company's ) Tj ET Q q 0 0 0 rg BT 408.04 616.00 Td (operating ) Tj ET Q q 0 0 0 rg BT 448.07 616.00 Td (expenses ) Tj ET Q q 0 0 0 rg BT 486.42 616.00 Td (\(Expense ) Tj ET Q q 0 0 0 rg BT 530.33 616.00 Td (Support ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 604.00 Td (Payments\) ) Tj ET Q q 0 0 0 rg BT 100.30 604.00 Td (or ) Tj ET Q q 0 0 0 rg BT 112.28 604.00 Td (waived ) Tj ET Q q 0 0 0 rg BT 144.80 604.00 Td (base ) Tj ET Q q 0 0 0 rg BT 166.21 604.00 Td (management ) Tj ET Q q 0 0 0 rg BT 220.94 604.00 Td (fees ) Tj ET Q q 0 0 0 rg BT 240.69 604.00 Td (or ) Tj ET Q q 0 0 0 rg BT 252.66 604.00 Td (incentive ) Tj ET Q q 0 0 0 rg BT 292.96 604.00 Td (fees ) Tj ET Q q 0 0 0 rg BT 312.70 604.00 Td (under ) Tj ET Q q 0 0 0 rg BT 339.12 604.00 Td (certain ) Tj ET Q q 0 0 0 rg BT 369.96 604.00 Td (circumstances. ) Tj ET Q q 0 0 0 rg BT 432.49 604.00 Td (The ) Tj ET Q q 0 0 0 rg BT 451.68 604.00 Td (previously ) Tj ET Q q 0 0 0 rg BT 497.54 604.00 Td (waived ) Tj ET Q q 0 0 0 rg BT 530.06 604.00 Td (fees ) Tj ET Q q 0 0 0 rg BT 549.81 604.00 Td (are ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 592.00 Td (potentially ) Tj ET Q q 0 0 0 rg BT 94.58 592.00 Td (subject ) Tj ET Q q 0 0 0 rg BT 124.72 592.00 Td (to ) Tj ET Q q 0 0 0 rg BT 134.31 592.00 Td (repayment ) Tj ET Q q 0 0 0 rg BT 178.33 592.00 Td (by ) Tj ET Q q 0 0 0 rg BT 190.14 592.00 Td (the ) Tj ET Q q 0 0 0 rg BT 204.17 592.00 Td (Company) Tj ET Q q 0 0 0 rg BT 242.41 592.00 Td (, ) Tj ET Q q 0 0 0 rg BT 246.73 592.00 Td (if ) Tj ET Q q 0 0 0 rg BT 254.65 592.00 Td (at ) Tj ET Q q 0 0 0 rg BT 263.68 592.00 Td (all, ) Tj ET Q q 0 0 0 rg BT 277.99 592.00 Td (within ) Tj ET Q q 0 0 0 rg BT 305.36 592.00 Td (a ) Tj ET Q q 0 0 0 rg BT 311.61 592.00 Td (period ) Tj ET Q q 0 0 0 rg BT 338.97 592.00 Td (not ) Tj ET Q q 0 0 0 rg BT 353.56 592.00 Td (to ) Tj ET Q q 0 0 0 rg BT 363.16 592.00 Td (exceed ) Tj ET Q q 0 0 0 rg BT 392.72 592.00 Td (three ) Tj ET Q q 0 0 0 rg BT 414.52 592.00 Td (years ) Tj ET Q q 0 0 0 rg BT 437.44 592.00 Td (from ) Tj ET Q q 0 0 0 rg BT 458.69 592.00 Td (the ) Tj ET Q q 0 0 0 rg BT 472.72 592.00 Td (date ) Tj ET Q q 0 0 0 rg BT 491.19 592.00 Td (of ) Tj ET Q q 0 0 0 rg BT 501.33 592.00 Td (each ) Tj ET Q q 0 0 0 rg BT 521.46 592.00 Td (respective ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 580.00 Td (fee ) Tj ET Q q 0 0 0 rg BT 64.35 580.00 Td (waiver) Tj ET Q q 0 0 0 rg BT 91.00 580.00 Td (. ) Tj ET Q q 0 0 0 rg BT 95.48 580.00 Td (Thus, ) Tj ET Q q 0 0 0 rg BT 120.12 580.00 Td (in ) Tj ET Q q 0 0 0 rg BT 130.04 580.00 Td (any ) Tj ET Q q 0 0 0 rg BT 146.62 580.00 Td (quarter ) Tj ET Q q 0 0 0 rg BT 177.07 580.00 Td (where ) Tj ET Q q 0 0 0 rg BT 203.64 580.00 Td (a ) Tj ET Q q 0 0 0 rg BT 210.22 580.00 Td (surplus ) Tj ET Q q 0 0 0 rg BT 241.25 580.00 Td (exists, ) Tj ET Q q 0 0 0 rg BT 268.66 580.00 Td (that ) Tj ET Q q 0 0 0 rg BT 285.80 580.00 Td (surplus ) Tj ET Q q 0 0 0 rg BT 316.83 580.00 Td (will ) Tj ET Q q 0 0 0 rg BT 334.52 580.00 Td (be ) Tj ET Q q 0 0 0 rg BT 346.10 580.00 Td (available, ) Tj ET Q q 0 0 0 rg BT 386.83 580.00 Td (subject ) Tj ET Q q 0 0 0 rg BT 417.29 580.00 Td (to ) Tj ET Q q 0 0 0 rg BT 427.21 580.00 Td (approval ) Tj ET Q q 0 0 0 rg BT 464.33 580.00 Td (of ) Tj ET Q q 0 0 0 rg BT 474.80 580.00 Td (the ) Tj ET Q q 0 0 0 rg BT 489.16 580.00 Td (board ) Tj ET Q q 0 0 0 rg BT 514.06 580.00 Td (of ) Tj ET Q q 0 0 0 rg BT 524.53 580.00 Td (directors, ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 568.00 Td (to ) Tj ET Q q 0 0 0 rg BT 60.28 568.00 Td (reimburse ) Tj ET Q q 0 0 0 rg BT 102.76 568.00 Td (waived ) Tj ET Q q 0 0 0 rg BT 134.14 568.00 Td (fees ) Tj ET Q q 0 0 0 rg BT 152.74 568.00 Td (and ) Tj ET Q q 0 0 0 rg BT 169.68 568.00 Td (Expense ) Tj ET Q q 0 0 0 rg BT 206.05 568.00 Td (Support ) Tj ET Q q 0 0 0 rg BT 240.22 568.00 Td (Payments ) Tj ET Q q 0 0 0 rg BT 281.61 568.00 Td (as ) Tj ET Q q 0 0 0 rg BT 292.44 568.00 Td (follows:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 544.00 Td (1. ) Tj ET Q q 0 0 0 rg BT 78.00 544.00 Td (First, ) Tj ET Q q 0 0 0 rg BT 101.34 544.00 Td (to ) Tj ET Q q 0 0 0 rg BT 111.62 544.00 Td (reimburse ) Tj ET Q q 0 0 0 rg BT 154.10 544.00 Td (Expense ) Tj ET Q q 0 0 0 rg BT 190.48 544.00 Td (Support ) Tj ET Q q 0 0 0 rg BT 224.65 544.00 Td (Payments, ) Tj ET Q q 0 0 0 rg BT 268.54 544.00 Td (beginning ) Tj ET Q q 0 0 0 rg BT 311.03 544.00 Td (with ) Tj ET Q q 0 0 0 rg BT 331.31 544.00 Td (the ) Tj ET Q q 0 0 0 rg BT 346.03 544.00 Td (earliest ) Tj ET Q q 0 0 0 rg BT 377.40 544.00 Td (year ) Tj ET Q q 0 0 0 rg BT 397.11 544.00 Td (eligible ) Tj ET Q q 0 0 0 rg BT 429.60 544.00 Td (for ) Tj ET Q q 0 0 0 rg BT 443.76 544.00 Td (reimbursement; ) Tj ET Q q 0 0 0 rg BT 509.02 544.00 Td (and) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 68.00 532.00 Td (2. ) Tj ET Q q 0 0 0 rg BT 78.00 532.00 Td (Second, ) Tj ET Q q 0 0 0 rg BT 112.44 532.00 Td (to ) Tj ET Q q 0 0 0 rg BT 122.72 532.00 Td (reimburse ) Tj ET Q q 0 0 0 rg BT 165.20 532.00 Td (all ) Tj ET Q q 0 0 0 rg BT 177.70 532.00 Td (waived ) Tj ET Q q 0 0 0 rg BT 209.07 532.00 Td (fees, ) Tj ET Q q 0 0 0 rg BT 230.17 532.00 Td (beginning ) Tj ET Q q 0 0 0 rg BT 272.67 532.00 Td (with ) Tj ET Q q 0 0 0 rg BT 292.95 532.00 Td (the ) Tj ET Q q 0 0 0 rg BT 307.66 532.00 Td (earliest ) Tj ET Q q 0 0 0 rg BT 339.04 532.00 Td (year ) Tj ET Q q 0 0 0 rg BT 358.74 532.00 Td (eligible ) Tj ET Q q 0 0 0 rg BT 391.23 532.00 Td (for ) Tj ET Q q 0 0 0 rg BT 405.39 532.00 Td (reimbursement.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 508.00 Td (The ) Tj ET Q q 0 0 0 rg BT 68.07 508.00 Td (foregoing ) Tj ET Q q 0 0 0 rg BT 109.46 508.00 Td (description ) Tj ET Q q 0 0 0 rg BT 156.42 508.00 Td (of ) Tj ET Q q 0 0 0 rg BT 167.27 508.00 Td (the ) Tj ET Q q 0 0 0 rg BT 182.00 508.00 Td (First ) Tj ET Q q 0 0 0 rg BT 202.86 508.00 Td (Quarter ) Tj ET Q q 0 0 0 rg BT 235.92 508.00 Td (2018 ) Tj ET Q q 0 0 0 rg BT 258.44 508.00 Td (Conditional ) Tj ET Q q 0 0 0 rg BT 308.18 508.00 Td (Income ) Tj ET Q q 0 0 0 rg BT 340.68 508.00 Td (Fee ) Tj ET Q q 0 0 0 rg BT 357.46 508.00 Td (W) Tj ET Q q 0 0 0 rg BT 366.10 508.00 Td (aiver ) Tj ET Q q 0 0 0 rg BT 388.05 508.00 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 434.99 508.00 Td (does ) Tj ET Q q 0 0 0 rg BT 455.84 508.00 Td (not ) Tj ET Q q 0 0 0 rg BT 471.14 508.00 Td (purport ) Tj ET Q q 0 0 0 rg BT 503.09 508.00 Td (to ) Tj ET Q q 0 0 0 rg BT 513.39 508.00 Td (be ) Tj ET Q q 0 0 0 rg BT 525.35 508.00 Td (complete ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 496.00 Td (and ) Tj ET Q q 0 0 0 rg BT 66.89 496.00 Td (is ) Tj ET Q q 0 0 0 rg BT 76.00 496.00 Td (qualified ) Tj ET Q q 0 0 0 rg BT 113.99 496.00 Td (in ) Tj ET Q q 0 0 0 rg BT 124.22 496.00 Td (its ) Tj ET Q q 0 0 0 rg BT 136.12 496.00 Td (entirety ) Tj ET Q q 0 0 0 rg BT 169.11 496.00 Td (by ) Tj ET Q q 0 0 0 rg BT 181.55 496.00 Td (reference ) Tj ET Q q 0 0 0 rg BT 221.18 496.00 Td (to ) Tj ET Q q 0 0 0 rg BT 231.41 496.00 Td (the ) Tj ET Q q 0 0 0 rg BT 246.07 496.00 Td (First ) Tj ET Q q 0 0 0 rg BT 266.86 496.00 Td (Quarter ) Tj ET Q q 0 0 0 rg BT 299.85 496.00 Td (2018 ) Tj ET Q q 0 0 0 rg BT 322.29 496.00 Td (Conditional ) Tj ET Q q 0 0 0 rg BT 371.96 496.00 Td (Income ) Tj ET Q q 0 0 0 rg BT 404.40 496.00 Td (Fee ) Tj ET Q q 0 0 0 rg BT 421.11 496.00 Td (W) Tj ET Q q 0 0 0 rg BT 429.74 496.00 Td (aiver ) Tj ET Q q 0 0 0 rg BT 451.64 496.00 Td (Agreement, ) Tj ET Q q 0 0 0 rg BT 501.01 496.00 Td (filed ) Tj ET Q q 0 0 0 rg BT 521.78 496.00 Td (as ) Tj ET Q q 0 0 0 rg BT 532.56 496.00 Td (Exhibit ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 484.00 Td (10.1 ) Tj ET Q q 0 0 0 rg BT 70.00 484.00 Td (to ) Tj ET Q q 0 0 0 rg BT 80.28 484.00 Td (this ) Tj ET Q q 0 0 0 rg BT 97.23 484.00 Td (report, ) Tj ET Q q 0 0 0 rg BT 126.10 484.00 Td (and ) Tj ET Q q 0 0 0 rg BT 143.04 484.00 Td (incorporated ) Tj ET Q q 0 0 0 rg BT 196.07 484.00 Td (herein ) Tj ET Q q 0 0 0 rg BT 223.56 484.00 Td (by ) Tj ET Q q 0 0 0 rg BT 236.06 484.00 Td (reference.) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 54.00 452.23 Td (Item9.01) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 103.00 452.23 Td (Financial Statements and Exhibits.) Tj ET Q BT /F1 10.00 Tf ET 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 50.5 404.5 m 127.5 404.5 l s 0 0 0 RG /GS0 gs 1.00 w 0 i [] 0 d 0 J 0 j 3 M 142.5 404.5 m 560.5 404.5 l s BT /F2 10.00 Tf ET q 0 0 0 rg BT 67.15 417.23 Td (EXHIBIT) Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 66.25 407.23 Td (NUMBER) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 130.00 409.17 Td () Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.00 409.17 Td () Tj ET Q BT /F2 10.00 Tf ET q 0 0 0 rg BT 147.50 409.17 Td (DESCRIPTION) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 79.75 395.07 Td (10.1) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.00 395.07 Td (First Quarter 2018 Conditional Income Incentive Fee ) Tj ET Q q 0 0 0 rg BT 360.04 395.07 Td (W) Tj ET Q q 0 0 0 rg BT 368.68 395.07 Td (aiver ) Tj ET Q q 0 0 0 rg BT 390.62 395.07 Td (Agreement, dated as of May 4, 2018, by) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 145.00 385.07 Td (and among the Registrant, HMS ) Tj ET Q q 0 0 0 rg BT 276.10 385.07 Td (Adviser LP) Tj ET Q q 0 0 0 rg BT 321.56 385.07 Td ( and MSC ) Tj ET Q q 0 0 0 rg BT 364.07 385.07 Td (Adviser I, LLC \(Filed herewith\).) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 7 0 obj <> endobj 8 0 obj <> stream BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 742.10 Td (Pursuant to the requirements of the Securities Exchange ) Tj ET Q q 0 0 0 rg BT 276.05 742.10 Td (Act of 1934, the registrant has duly caused this report to be signed on ) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 50.00 730.10 Td (its behalf by the undersigned hereunto duly authorized.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 86.00 718.10 Td () Tj ET Q 0 0 0 RG /GS0 gs 2.00 w 0 i [] 0 d 0 J 0 j 3 M 190.5 638.6 m 410.5 638.6 l s BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.00 672.17 Td (HMS Income Fund, Inc.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 91.15 643.27 Td (May 8, 2018) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 168.00 644.17 Td (By:) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.00 644.17 Td (/s/ David M. Covington) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.00 629.17 Td (Name: David M. Covington) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 196.00 615.17 Td (T) Tj ET Q q 0 0 0 rg BT 201.76 615.17 Td (itle: Chief ) Tj ET Q q 0 0 0 rg BT 243.97 615.17 Td (Accounting Of) Tj ET Q q 0 0 0 rg BT 303.50 615.17 Td (ficer and ) Tj ET Q q 0 0 0 rg BT 341.07 615.17 Td (T) Tj ET Q q 0 0 0 rg BT 346.83 615.17 Td (reasurer) Tj ET Q BT /F1 10.00 Tf ET endstream endobj 9 0 obj <> endobj 10 0 obj <> stream BT /F4 11.00 Tf ET q 0 0 0 rg BT 484.35 772.10 Td (Exhibit 10.1) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 248.80 712.60 Td (FIRST) Tj ET Q q 0 0 0 rg BT 281.00 712.60 Td ( QUAR) Tj ET Q q 0 0 0 rg BT 315.75 712.60 Td (TER 2018) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 136.10 699.40 Td (CONDITIONAL) Tj ET Q q 0 0 0 rg BT 215.56 699.40 Td ( INCOME INCENTIVE FEE ) Tj ET Q q 0 0 0 rg BT 356.55 699.40 Td (W) Tj ET Q q 0 0 0 rg BT 366.33 699.40 Td (AIVER ) Tj ET Q q 0 0 0 rg BT 403.92 699.40 Td (AGREEMENT) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 673.00 Td ( ) Tj ET Q q 0 0 0 rg BT 108.00 673.00 Td (This ) Tj ET Q q 0 0 0 rg BT 130.59 673.00 Td (First ) Tj ET Q q 0 0 0 rg BT 153.79 673.00 Td (Quarter ) Tj ET Q q 0 0 0 rg BT 190.41 673.00 Td (2018 ) Tj ET Q q 0 0 0 rg BT 215.44 673.00 Td (Conditional ) Tj ET Q q 0 0 0 rg BT 270.42 673.00 Td (Income ) Tj ET Q q 0 0 0 rg BT 306.43 673.00 Td (Incentive ) Tj ET Q q 0 0 0 rg BT 350.39 673.00 Td (Fee ) Tj ET Q q 0 0 0 rg BT 369.08 673.00 Td (W) Tj ET Q q 0 0 0 rg BT 378.58 673.00 Td (aiver ) Tj ET Q q 0 0 0 rg BT 402.93 673.00 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 454.82 673.00 Td (\(the ) Tj ET Q q 0 0 0 rg BT 474.96 673.00 Td () Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 479.8388671875 671.53369140625 m 528.705078125 671.53369140625 l s q 0 0 0 rg BT 479.84 673.00 Td (Agreement) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.71 673.00 Td (\), ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 659.80 Td (dated ) Tj ET Q q 0 0 0 rg BT 98.69 659.80 Td (as ) Tj ET Q q 0 0 0 rg BT 110.72 659.80 Td (of ) Tj ET Q q 0 0 0 rg BT 122.75 659.80 Td (May ) Tj ET Q q 0 0 0 rg BT 145.78 659.80 Td (4, ) Tj ET Q q 0 0 0 rg BT 156.90 659.80 Td (2018, ) Tj ET Q q 0 0 0 rg BT 184.52 659.80 Td (is ) Tj ET Q q 0 0 0 rg BT 194.72 659.80 Td (made ) Tj ET Q q 0 0 0 rg BT 221.41 659.80 Td (by ) Tj ET Q q 0 0 0 rg BT 235.28 659.80 Td (and ) Tj ET Q q 0 0 0 rg BT 254.03 659.80 Td (among ) Tj ET Q q 0 0 0 rg BT 286.84 659.80 Td (HMS ) Tj ET Q q 0 0 0 rg BT 313.55 659.80 Td (Income ) Tj ET Q q 0 0 0 rg BT 349.40 659.80 Td (Fund, ) Tj ET Q q 0 0 0 rg BT 377.64 659.80 Td (Inc. ) Tj ET Q q 0 0 0 rg BT 397.30 659.80 Td (\(the ) Tj ET Q q 0 0 0 rg BT 417.27 659.80 Td () Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 422.15234375 658.33369140625 m 464.927734375 658.33369140625 l s q 0 0 0 rg BT 422.15 659.80 Td (Company) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 464.93 659.80 Td (\), ) Tj ET Q q 0 0 0 rg BT 479.09 659.80 Td (HMS ) Tj ET Q q 0 0 0 rg BT 505.17 659.80 Td (Adviser ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 646.60 Td (LP) Tj ET Q q 0 0 0 rg BT 84.43 646.60 Td ( ) Tj ET Q q 0 0 0 rg BT 89.22 646.60 Td (\() Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 97.763671875 645.13369140625 m 160.1650390625 645.13369140625 l s q 0 0 0 rg BT 97.76 646.60 Td (HMS ) Tj ET Q q 0 0 0 rg BT 125.34 646.60 Td (Adviser) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 160.17 646.60 Td (\) ) Tj ET Q q 0 0 0 rg BT 173.50 646.60 Td (and ) Tj ET Q q 0 0 0 rg BT 194.17 646.60 Td (MSC ) Tj ET Q q 0 0 0 rg BT 221.14 646.60 Td (Adviser ) Tj ET Q q 0 0 0 rg BT 260.76 646.60 Td (I, ) Tj ET Q q 0 0 0 rg BT 271.96 646.60 Td (LLC ) Tj ET Q q 0 0 0 rg BT 297.52 646.60 Td (\(the ) Tj ET Q q 0 0 0 rg BT 319.41 646.60 Td () Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 324.296875 645.13369140625 m 379.68359375 645.13369140625 l s q 0 0 0 rg BT 324.30 646.60 Td (Sub-Adviser) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 379.46 646.60 Td (, ) Tj ET Q q 0 0 0 rg BT 391.89 646.60 Td (together ) Tj ET Q q 0 0 0 rg BT 432.71 646.60 Td (with ) Tj ET Q q 0 0 0 rg BT 457.06 646.60 Td (HMS ) Tj ET Q q 0 0 0 rg BT 484.64 646.60 Td (Adviser) Tj ET Q q 0 0 0 rg BT 519.02 646.60 Td (, ) Tj ET Q q 0 0 0 rg BT 526.56 646.60 Td (the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 633.40 Td () Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 76.88232421875 631.93369140625 m 115.9892578125 631.93369140625 l s q 0 0 0 rg BT 76.88 633.40 Td (Advisers) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 115.99 633.40 Td (, ) Tj ET Q q 0 0 0 rg BT 126.37 633.40 Td (and, ) Tj ET Q q 0 0 0 rg BT 147.75 633.40 Td (collectively ) Tj ET Q q 0 0 0 rg BT 201.81 633.40 Td (with ) Tj ET Q q 0 0 0 rg BT 224.12 633.40 Td (the ) Tj ET Q q 0 0 0 rg BT 240.31 633.40 Td (Company) Tj ET Q q 0 0 0 rg BT 282.37 633.40 Td (, ) Tj ET Q q 0 0 0 rg BT 287.87 633.40 Td (the ) Tj ET Q q 0 0 0 rg BT 304.06 633.40 Td () Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 308.9404296875 631.93369140625 m 338.87890625 631.93369140625 l s q 0 0 0 rg BT 308.94 633.40 Td (Parties) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 338.88 633.40 Td (\).) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 607.00 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 108.00 607.00 Td (WHEREAS) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 164.24 607.00 Td (, ) Tj ET Q q 0 0 0 rg BT 170.12 607.00 Td (the ) Tj ET Q q 0 0 0 rg BT 186.69 607.00 Td (Company ) Tj ET Q q 0 0 0 rg BT 232.59 607.00 Td (maintains ) Tj ET Q q 0 0 0 rg BT 278.49 607.00 Td (on ) Tj ET Q q 0 0 0 rg BT 292.63 607.00 Td (file ) Tj ET Q q 0 0 0 rg BT 310.42 607.00 Td (with ) Tj ET Q q 0 0 0 rg BT 333.10 607.00 Td (the ) Tj ET Q q 0 0 0 rg BT 349.67 607.00 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 372.37 607.00 Td (Securities ) Tj ET Q q 0 0 0 rg BT 418.87 607.00 Td (and ) Tj ET Q q 0 0 0 rg BT 437.89 607.00 Td (Exchange ) Tj ET Q q 0 0 0 rg BT 484.38 607.00 Td (Commission ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 593.80 Td (an ) Tj ET Q q 0 0 0 rg BT 86.65 593.80 Td (ef) Tj ET Q q 0 0 0 rg BT 95.00 593.80 Td (fective ) Tj ET Q q 0 0 0 rg BT 129.19 593.80 Td (registration ) Tj ET Q q 0 0 0 rg BT 183.56 593.80 Td (statement ) Tj ET Q q 0 0 0 rg BT 229.98 593.80 Td (on ) Tj ET Q q 0 0 0 rg BT 245.25 593.80 Td (Form ) Tj ET Q q 0 0 0 rg BT 273.36 593.80 Td (N-2, ) Tj ET Q q 0 0 0 rg BT 297.48 593.80 Td (as ) Tj ET Q q 0 0 0 rg BT 310.92 593.80 Td (amended ) Tj ET Q q 0 0 0 rg BT 354.89 593.80 Td (\(File ) Tj ET Q q 0 0 0 rg BT 379.94 593.80 Td (No.333-204659\) ) Tj ET Q q 0 0 0 rg BT 459.98 593.80 Td (\(the ) Tj ET Q q 0 0 0 rg BT 481.35 593.80 Td () Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 486.2294921875 592.33369140625 m 542.74951171875 592.33369140625 l s q 0 0 0 rg BT 486.23 593.80 Td (Registration ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 72 579.13369140625 m 115.9892578125 579.13369140625 l s q 0 0 0 rg BT 72.00 580.60 Td (Statement) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 115.99 580.60 Td (\), ) Tj ET Q q 0 0 0 rg BT 130.07 580.60 Td (covering ) Tj ET Q q 0 0 0 rg BT 171.34 580.60 Td (the ) Tj ET Q q 0 0 0 rg BT 187.57 580.60 Td (continuous ) Tj ET Q q 0 0 0 rg BT 238.63 580.60 Td (of) Tj ET Q q 0 0 0 rg BT 247.59 580.60 Td (fering ) Tj ET Q q 0 0 0 rg BT 276.64 580.60 Td (and ) Tj ET Q q 0 0 0 rg BT 295.31 580.60 Td (sale ) Tj ET Q q 0 0 0 rg BT 315.20 580.60 Td (of ) Tj ET Q q 0 0 0 rg BT 327.15 580.60 Td (the ) Tj ET Q q 0 0 0 rg BT 343.37 580.60 Td (Company) Tj ET Q q 0 0 0 rg BT 389.20 580.60 Td (s ) Tj ET Q q 0 0 0 rg BT 396.27 580.60 Td (common ) Tj ET Q q 0 0 0 rg BT 437.55 580.60 Td (stock, ) Tj ET Q q 0 0 0 rg BT 466.31 580.60 Td (par ) Tj ET Q q 0 0 0 rg BT 483.14 580.60 Td (value ) Tj ET Q q 0 0 0 rg BT 509.75 580.60 Td ($0.001 ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 567.40 Td (per ) Tj ET Q q 0 0 0 rg BT 88.80 567.40 Td (share, ) Tj ET Q q 0 0 0 rg BT 117.50 567.40 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 158.14 567.40 Td (to ) Tj ET Q q 0 0 0 rg BT 169.44 567.40 Td (the ) Tj ET Q q 0 0 0 rg BT 185.63 567.40 Td (Securities ) Tj ET Q q 0 0 0 rg BT 231.15 567.40 Td (Act ) Tj ET Q q 0 0 0 rg BT 249.78 567.40 Td (of ) Tj ET Q q 0 0 0 rg BT 261.70 567.40 Td (1933, ) Tj ET Q q 0 0 0 rg BT 289.20 567.40 Td (as ) Tj ET Q q 0 0 0 rg BT 301.11 567.40 Td (amended;) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 541.00 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 108.00 541.00 Td (WHEREAS) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 164.24 541.00 Td (, ) Tj ET Q q 0 0 0 rg BT 171.82 541.00 Td (the ) Tj ET Q q 0 0 0 rg BT 190.10 541.00 Td (Company ) Tj ET Q q 0 0 0 rg BT 237.71 541.00 Td (and ) Tj ET Q q 0 0 0 rg BT 258.43 541.00 Td (HMS ) Tj ET Q q 0 0 0 rg BT 286.05 541.00 Td (Adviser ) Tj ET Q q 0 0 0 rg BT 325.71 541.00 Td (have ) Tj ET Q q 0 0 0 rg BT 351.31 541.00 Td (entered ) Tj ET Q q 0 0 0 rg BT 388.52 541.00 Td (into ) Tj ET Q q 0 0 0 rg BT 410.47 541.00 Td (an ) Tj ET Q q 0 0 0 rg BT 425.69 541.00 Td (Investment ) Tj ET Q q 0 0 0 rg BT 478.33 541.00 Td (Advisory ) Tj ET Q q 0 0 0 rg BT 524.12 541.00 Td (and ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 527.80 Td (Administrative ) Tj ET Q q 0 0 0 rg BT 141.42 527.80 Td (Services ) Tj ET Q q 0 0 0 rg BT 181.36 527.80 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 233.66 527.80 Td (dated ) Tj ET Q q 0 0 0 rg BT 260.92 527.80 Td (as ) Tj ET Q q 0 0 0 rg BT 273.51 527.80 Td (of ) Tj ET Q q 0 0 0 rg BT 286.11 527.80 Td (May ) Tj ET Q q 0 0 0 rg BT 309.71 527.80 Td (31, ) Tj ET Q q 0 0 0 rg BT 326.89 527.80 Td (2012 ) Tj ET Q q 0 0 0 rg BT 352.32 527.80 Td (\(as ) Tj ET Q q 0 0 0 rg BT 368.58 527.80 Td (amended, ) Tj ET Q q 0 0 0 rg BT 414.47 527.80 Td (the ) Tj ET Q q 0 0 0 rg BT 431.34 527.80 Td () Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 436.2255859375 526.33369140625 m 528.71142578125 526.33369140625 l s q 0 0 0 rg BT 436.23 527.80 Td (Advisory ) Tj ET Q q 0 0 0 rg BT 479.85 527.80 Td (Agreement) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 528.71 527.80 Td (\), ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 514.60 Td (and ) Tj ET Q q 0 0 0 rg BT 91.00 514.60 Td (the ) Tj ET Q q 0 0 0 rg BT 107.56 514.60 Td (Company) Tj ET Q q 0 0 0 rg BT 149.62 514.60 Td (, ) Tj ET Q q 0 0 0 rg BT 155.49 514.60 Td (HMS ) Tj ET Q q 0 0 0 rg BT 181.76 514.60 Td (Adviser) Tj ET Q q 0 0 0 rg BT 216.15 514.60 Td (, ) Tj ET Q q 0 0 0 rg BT 222.02 514.60 Td (Main ) Tj ET Q q 0 0 0 rg BT 248.36 514.60 Td (Street ) Tj ET Q q 0 0 0 rg BT 277.13 514.60 Td (Capital ) Tj ET Q q 0 0 0 rg BT 312.02 514.60 Td (Partners, ) Tj ET Q q 0 0 0 rg BT 353.94 514.60 Td (LLC ) Tj ET Q q 0 0 0 rg BT 377.83 514.60 Td (and ) Tj ET Q q 0 0 0 rg BT 396.83 514.60 Td (Main ) Tj ET Q q 0 0 0 rg BT 423.17 514.60 Td (Street ) Tj ET Q q 0 0 0 rg BT 451.95 514.60 Td (Capital ) Tj ET Q q 0 0 0 rg BT 486.84 514.60 Td (Corporation ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 501.40 Td (\(together ) Tj ET Q q 0 0 0 rg BT 115.50 501.40 Td (with ) Tj ET Q q 0 0 0 rg BT 138.86 501.40 Td (Main ) Tj ET Q q 0 0 0 rg BT 165.88 501.40 Td (Street ) Tj ET Q q 0 0 0 rg BT 195.33 501.40 Td (Capital ) Tj ET Q q 0 0 0 rg BT 230.90 501.40 Td (Partners, ) Tj ET Q q 0 0 0 rg BT 273.49 501.40 Td (LLC, ) Tj ET Q q 0 0 0 rg BT 300.82 501.40 Td () Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 305.701171875 499.93369140625 m 358.376953125 499.93369140625 l s q 0 0 0 rg BT 305.70 501.40 Td (Main ) Tj ET Q q 0 0 0 rg BT 332.72 501.40 Td (Street) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 358.38 501.40 Td (\) ) Tj ET Q q 0 0 0 rg BT 370.72 501.40 Td (have ) Tj ET Q q 0 0 0 rg BT 395.28 501.40 Td (entered ) Tj ET Q q 0 0 0 rg BT 431.45 501.40 Td (into ) Tj ET Q q 0 0 0 rg BT 452.36 501.40 Td (an ) Tj ET Q q 0 0 0 rg BT 466.54 501.40 Td (Investment ) Tj ET Q q 0 0 0 rg BT 519.22 501.40 Td (Sub-) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 488.20 Td (Advisory ) Tj ET Q q 0 0 0 rg BT 114.88 488.20 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 166.23 488.20 Td (dated ) Tj ET Q q 0 0 0 rg BT 192.53 488.20 Td (as ) Tj ET Q q 0 0 0 rg BT 204.17 488.20 Td (of ) Tj ET Q q 0 0 0 rg BT 215.82 488.20 Td (May ) Tj ET Q q 0 0 0 rg BT 238.46 488.20 Td (31, ) Tj ET Q q 0 0 0 rg BT 254.69 488.20 Td (2012 ) Tj ET Q q 0 0 0 rg BT 279.17 488.20 Td (\(as ) Tj ET Q q 0 0 0 rg BT 294.48 488.20 Td (amended, ) Tj ET Q q 0 0 0 rg BT 339.42 488.20 Td (the ) Tj ET Q q 0 0 0 rg BT 355.34 488.20 Td () Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 360.21826171875 486.73369140625 m 472.74267578125 486.73369140625 l s q 0 0 0 rg BT 360.22 488.20 Td (Sub-Advisory ) Tj ET Q q 0 0 0 rg BT 423.88 488.20 Td (Agreement) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 472.74 488.20 Td (, ) Tj ET Q q 0 0 0 rg BT 482.86 488.20 Td (and, ) Tj ET Q q 0 0 0 rg BT 503.97 488.20 Td (together ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 475.00 Td (with ) Tj ET Q q 0 0 0 rg BT 94.31 475.00 Td (the ) Tj ET Q q 0 0 0 rg BT 109.89 475.00 Td (Advisory ) Tj ET Q q 0 0 0 rg BT 152.97 475.00 Td (Agreement, ) Tj ET Q q 0 0 0 rg BT 207.34 475.00 Td (the ) Tj ET Q q 0 0 0 rg BT 223.53 475.00 Td () Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 228.41162109375 473.53369140625 m 324.6455078125 473.53369140625 l s q 0 0 0 rg BT 228.41 475.00 Td (Advisory ) Tj ET Q q 0 0 0 rg BT 271.50 475.00 Td (Agreements) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 324.65 475.00 Td (\);) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 448.60 Td ( ) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 108.00 448.60 Td (WHEREAS) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 164.24 448.60 Td (, ) Tj ET Q q 0 0 0 rg BT 168.60 448.60 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 208.09 448.60 Td (to ) Tj ET Q q 0 0 0 rg BT 218.26 448.60 Td (an ) Tj ET Q q 0 0 0 rg BT 229.90 448.60 Td (Assignment ) Tj ET Q q 0 0 0 rg BT 284.06 448.60 Td (and ) Tj ET Q q 0 0 0 rg BT 301.20 448.60 Td (Assumption ) Tj ET Q q 0 0 0 rg BT 355.63 448.60 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 406.11 448.60 Td (dated ) Tj ET Q q 0 0 0 rg BT 431.54 448.60 Td (as ) Tj ET Q q 0 0 0 rg BT 442.32 448.60 Td (of ) Tj ET Q q 0 0 0 rg BT 453.09 448.60 Td (December ) Tj ET Q q 0 0 0 rg BT 499.89 448.60 Td (31, ) Tj ET Q q 0 0 0 rg BT 515.25 448.60 Td (2013, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 435.40 Td (the ) Tj ET Q q 0 0 0 rg BT 87.92 435.40 Td (Sub-Adviser ) Tj ET Q q 0 0 0 rg BT 146.02 435.40 Td (assumed ) Tj ET Q q 0 0 0 rg BT 186.38 435.40 Td (the ) Tj ET Q q 0 0 0 rg BT 202.31 435.40 Td (obligations ) Tj ET Q q 0 0 0 rg BT 253.68 435.40 Td (and ) Tj ET Q q 0 0 0 rg BT 272.05 435.40 Td (liabilities ) Tj ET Q q 0 0 0 rg BT 315.47 435.40 Td (of ) Tj ET Q q 0 0 0 rg BT 327.12 435.40 Td (Main ) Tj ET Q q 0 0 0 rg BT 352.83 435.40 Td (Street ) Tj ET Q q 0 0 0 rg BT 380.97 435.40 Td (under ) Tj ET Q q 0 0 0 rg BT 408.50 435.40 Td (the ) Tj ET Q q 0 0 0 rg BT 424.42 435.40 Td (Sub-Advisory ) Tj ET Q q 0 0 0 rg BT 488.08 435.40 Td (Agreement; ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 422.20 Td (and) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 108.00 395.80 Td (WHEREAS) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 164.24 395.80 Td (, ) Tj ET Q q 0 0 0 rg BT 171.29 395.80 Td (the ) Tj ET Q q 0 0 0 rg BT 189.03 395.80 Td (Parties ) Tj ET Q q 0 0 0 rg BT 223.26 395.80 Td (have ) Tj ET Q q 0 0 0 rg BT 248.33 395.80 Td (determined ) Tj ET Q q 0 0 0 rg BT 302.11 395.80 Td (that ) Tj ET Q q 0 0 0 rg BT 322.90 395.80 Td (it ) Tj ET Q q 0 0 0 rg BT 333.32 395.80 Td (is ) Tj ET Q q 0 0 0 rg BT 344.96 395.80 Td (appropriate ) Tj ET Q q 0 0 0 rg BT 399.34 395.80 Td (and ) Tj ET Q q 0 0 0 rg BT 419.52 395.80 Td (in ) Tj ET Q q 0 0 0 rg BT 432.38 395.80 Td (the ) Tj ET Q q 0 0 0 rg BT 450.12 395.80 Td (best ) Tj ET Q q 0 0 0 rg BT 472.14 395.80 Td (interests ) Tj ET Q q 0 0 0 rg BT 513.10 395.80 Td (of ) Tj ET Q q 0 0 0 rg BT 526.56 395.80 Td (the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 382.60 Td (Company ) Tj ET Q q 0 0 0 rg BT 117.53 382.60 Td (for ) Tj ET Q q 0 0 0 rg BT 133.10 382.60 Td (the ) Tj ET Q q 0 0 0 rg BT 148.68 382.60 Td (Advisers ) Tj ET Q q 0 0 0 rg BT 190.54 382.60 Td (to ) Tj ET Q q 0 0 0 rg BT 201.85 382.60 Td (conditionally ) Tj ET Q q 0 0 0 rg BT 262.64 382.60 Td (waive ) Tj ET Q q 0 0 0 rg BT 291.66 382.60 Td (certain ) Tj ET Q q 0 0 0 rg BT 324.33 382.60 Td (fees ) Tj ET Q q 0 0 0 rg BT 344.79 382.60 Td (under ) Tj ET Q q 0 0 0 rg BT 372.58 382.60 Td (the ) Tj ET Q q 0 0 0 rg BT 388.16 382.60 Td (Advisory ) Tj ET Q q 0 0 0 rg BT 431.25 382.60 Td (Agreements.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 108.00 356.20 Td (NOW) Tj ET Q q 0 0 0 rg BT 134.49 356.20 Td (, ) Tj ET Q q 0 0 0 rg BT 138.68 356.20 Td (THEREFORE) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 207.74 356.20 Td (, ) Tj ET Q q 0 0 0 rg BT 212.04 356.20 Td (in ) Tj ET Q q 0 0 0 rg BT 222.15 356.20 Td (consideration ) Tj ET Q q 0 0 0 rg BT 282.96 356.20 Td (of ) Tj ET Q q 0 0 0 rg BT 293.67 356.20 Td (the ) Tj ET Q q 0 0 0 rg BT 308.66 356.20 Td (premises ) Tj ET Q q 0 0 0 rg BT 349.31 356.20 Td (and ) Tj ET Q q 0 0 0 rg BT 366.74 356.20 Td (the ) Tj ET Q q 0 0 0 rg BT 381.73 356.20 Td (mutual ) Tj ET Q q 0 0 0 rg BT 413.83 356.20 Td (agreements ) Tj ET Q q 0 0 0 rg BT 465.47 356.20 Td (herein ) Tj ET Q q 0 0 0 rg BT 494.50 356.20 Td (contained, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 343.00 Td (and ) Tj ET Q q 0 0 0 rg BT 89.31 343.00 Td (for ) Tj ET Q q 0 0 0 rg BT 103.56 343.00 Td (other ) Tj ET Q q 0 0 0 rg BT 127.58 343.00 Td (good ) Tj ET Q q 0 0 0 rg BT 151.01 343.00 Td (and ) Tj ET Q q 0 0 0 rg BT 168.32 343.00 Td (valuable ) Tj ET Q q 0 0 0 rg BT 207.00 343.00 Td (consideration ) Tj ET Q q 0 0 0 rg BT 267.68 343.00 Td (\(the ) Tj ET Q q 0 0 0 rg BT 286.21 343.00 Td (receipt ) Tj ET Q q 0 0 0 rg BT 317.56 343.00 Td (and ) Tj ET Q q 0 0 0 rg BT 334.87 343.00 Td (suf) Tj ET Q q 0 0 0 rg BT 348.11 343.00 Td (ficiency ) Tj ET Q q 0 0 0 rg BT 384.96 343.00 Td (of ) Tj ET Q q 0 0 0 rg BT 395.55 343.00 Td (which ) Tj ET Q q 0 0 0 rg BT 423.85 343.00 Td (are ) Tj ET Q q 0 0 0 rg BT 438.71 343.00 Td (hereby ) Tj ET Q q 0 0 0 rg BT 470.06 343.00 Td (acknowledged\), ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 329.80 Td (the ) Tj ET Q q 0 0 0 rg BT 88.19 329.80 Td (Parties ) Tj ET Q q 0 0 0 rg BT 120.88 329.80 Td (hereto ) Tj ET Q q 0 0 0 rg BT 151.11 329.80 Td (agree ) Tj ET Q q 0 0 0 rg BT 177.67 329.80 Td (as ) Tj ET Q q 0 0 0 rg BT 189.58 329.80 Td (follows:) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 72.00 301.40 Td (1. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 90 299.678564453125 m 148.9638671875 299.678564453125 l s q 0 0 0 rg BT 90.00 301.40 Td (W) Tj ET Q q 0 0 0 rg BT 100.39 301.40 Td (aived ) Tj ET Q q 0 0 0 rg BT 128.20 301.40 Td (Fees) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 148.96 301.40 Td (. ) Tj ET Q BT /F1 12.00 Tf ET q 0 0 0 rg BT 90.00 269.65 Td (\(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.32 269.65 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 269.65 Td (During ) Tj ET Q q 0 0 0 rg BT 142.22 269.65 Td (the ) Tj ET Q q 0 0 0 rg BT 158.72 269.65 Td (period ) Tj ET Q q 0 0 0 rg BT 189.88 269.65 Td (beginning ) Tj ET Q q 0 0 0 rg BT 236.93 269.65 Td (on ) Tj ET Q q 0 0 0 rg BT 250.99 269.65 Td (January ) Tj ET Q q 0 0 0 rg BT 288.25 269.65 Td (1, ) Tj ET Q q 0 0 0 rg BT 299.56 269.65 Td (2018 ) Tj ET Q q 0 0 0 rg BT 324.62 269.65 Td (and ) Tj ET Q q 0 0 0 rg BT 343.56 269.65 Td (continuing ) Tj ET Q q 0 0 0 rg BT 393.67 269.65 Td (through ) Tj ET Q q 0 0 0 rg BT 430.94 269.65 Td (and ) Tj ET Q q 0 0 0 rg BT 449.88 269.65 Td (including ) Tj ET Q q 0 0 0 rg BT 494.49 269.65 Td (March ) Tj ET Q q 0 0 0 rg BT 526.26 269.65 Td (31, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 254.50 Td (2018 ) Tj ET Q q 0 0 0 rg BT 131.50 254.50 Td (\(the ) Tj ET Q q 0 0 0 rg BT 150.10 254.50 Td () Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 154.98681640625 253.03369140625 m 233.9677734375 253.03369140625 l s q 0 0 0 rg BT 154.99 254.50 Td (Fee ) Tj ET Q q 0 0 0 rg BT 172.26 254.50 Td (W) Tj ET Q q 0 0 0 rg BT 181.76 254.50 Td (aiver ) Tj ET Q q 0 0 0 rg BT 205.25 254.50 Td (Period) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 233.97 254.50 Td (\), ) Tj ET Q q 0 0 0 rg BT 246.76 254.50 Td (HMS ) Tj ET Q q 0 0 0 rg BT 271.78 254.50 Td (Adviser ) Tj ET Q q 0 0 0 rg BT 308.10 254.50 Td (hereby ) Tj ET Q q 0 0 0 rg BT 339.53 254.50 Td (waives ) Tj ET Q q 0 0 0 rg BT 371.58 254.50 Td (the ) Tj ET Q q 0 0 0 rg BT 386.52 254.50 Td (portion ) Tj ET Q q 0 0 0 rg BT 419.80 254.50 Td (of ) Tj ET Q q 0 0 0 rg BT 430.46 254.50 Td (the ) Tj ET Q q 0 0 0 rg BT 445.40 254.50 Td (Incentive ) Tj ET Q q 0 0 0 rg BT 487.83 254.50 Td (Fee ) Tj ET Q q 0 0 0 rg BT 505.21 254.50 Td (referred ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 239.30 Td (to ) Tj ET Q q 0 0 0 rg BT 119.12 239.30 Td (as ) Tj ET Q q 0 0 0 rg BT 130.85 239.30 Td (the ) Tj ET Q q 0 0 0 rg BT 146.86 239.30 Td (subordinated ) Tj ET Q q 0 0 0 rg BT 211.12 239.30 Td (incentive ) Tj ET Q q 0 0 0 rg BT 254.01 239.30 Td (fee ) Tj ET Q q 0 0 0 rg BT 270.00 239.30 Td (on ) Tj ET Q q 0 0 0 rg BT 283.57 239.30 Td (income ) Tj ET Q q 0 0 0 rg BT 323.39 239.30 Td (\(as ) Tj ET Q q 0 0 0 rg BT 338.78 239.30 Td (such ) Tj ET Q q 0 0 0 rg BT 361.51 239.30 Td (terms ) Tj ET Q q 0 0 0 rg BT 388.52 239.30 Td (are ) Tj ET Q q 0 0 0 rg BT 404.51 239.30 Td (defined ) Tj ET Q q 0 0 0 rg BT 440.06 239.30 Td (and/or ) Tj ET Q q 0 0 0 rg BT 470.73 239.30 Td (described ) Tj ET Q q 0 0 0 rg BT 515.44 239.30 Td (in ) Tj ET Q q 0 0 0 rg BT 526.56 239.30 Td (the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 224.10 Td (Advisory ) Tj ET Q q 0 0 0 rg BT 151.59 224.10 Td (Agreement\), ) Tj ET Q q 0 0 0 rg BT 210.27 224.10 Td (due ) Tj ET Q q 0 0 0 rg BT 229.55 224.10 Td (and ) Tj ET Q q 0 0 0 rg BT 248.83 224.10 Td (payable ) Tj ET Q q 0 0 0 rg BT 286.43 224.10 Td (under ) Tj ET Q q 0 0 0 rg BT 314.87 224.10 Td (the ) Tj ET Q q 0 0 0 rg BT 330.96 224.10 Td (Advisory ) Tj ET Q q 0 0 0 rg BT 374.55 224.10 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 426.81 224.10 Td (by ) Tj ET Q q 0 0 0 rg BT 441.21 224.10 Td (the ) Tj ET Q q 0 0 0 rg BT 458.05 224.10 Td (Company ) Tj ET Q q 0 0 0 rg BT 504.22 224.10 Td (to ) Tj ET Q q 0 0 0 rg BT 516.17 224.10 Td (HMS ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 208.95 Td (Adviser ) Tj ET Q q 0 0 0 rg BT 145.68 208.95 Td (in ) Tj ET Q q 0 0 0 rg BT 157.10 208.95 Td (the ) Tj ET Q q 0 0 0 rg BT 173.39 208.95 Td (sole ) Tj ET Q q 0 0 0 rg BT 193.97 208.95 Td (discretion ) Tj ET Q q 0 0 0 rg BT 240.20 208.95 Td (of ) Tj ET Q q 0 0 0 rg BT 252.22 208.95 Td (HMS ) Tj ET Q q 0 0 0 rg BT 278.29 208.95 Td (Adviser ) Tj ET Q q 0 0 0 rg BT 315.98 208.95 Td (taking ) Tj ET Q q 0 0 0 rg BT 346.33 208.95 Td (into ) Tj ET Q q 0 0 0 rg BT 366.30 208.95 Td (account ) Tj ET Q q 0 0 0 rg BT 403.36 208.95 Td (the ) Tj ET Q q 0 0 0 rg BT 419.66 208.95 Td (potential ) Tj ET Q q 0 0 0 rg BT 461.00 208.95 Td (occurrence ) Tj ET Q q 0 0 0 rg BT 512.10 208.95 Td (of ) Tj ET Q q 0 0 0 rg BT 524.12 208.95 Td (any ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 193.75 Td (event ) Tj ET Q q 0 0 0 rg BT 136.06 193.75 Td (including, ) Tj ET Q q 0 0 0 rg BT 184.60 193.75 Td (but ) Tj ET Q q 0 0 0 rg BT 202.89 193.75 Td (not ) Tj ET Q q 0 0 0 rg BT 221.19 193.75 Td (automatically ) Tj ET Q q 0 0 0 rg BT 285.29 193.75 Td (triggered ) Tj ET Q q 0 0 0 rg BT 329.23 193.75 Td (by) Tj ET Q q 0 0 0 rg BT 339.52 193.75 Td (, ) Tj ET Q q 0 0 0 rg BT 346.51 193.75 Td (the ) Tj ET Q q 0 0 0 rg BT 364.18 193.75 Td (Company) Tj ET Q q 0 0 0 rg BT 410.02 193.75 Td (s ) Tj ET Q q 0 0 0 rg BT 418.53 193.75 Td (estimate ) Tj ET Q q 0 0 0 rg BT 459.42 193.75 Td (that ) Tj ET Q q 0 0 0 rg BT 480.16 193.75 Td (a ) Tj ET Q q 0 0 0 rg BT 489.28 193.75 Td (distribution ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 178.60 Td (declared ) Tj ET Q q 0 0 0 rg BT 148.51 178.60 Td (and ) Tj ET Q q 0 0 0 rg BT 167.66 178.60 Td (payable ) Tj ET Q q 0 0 0 rg BT 205.13 178.60 Td (to ) Tj ET Q q 0 0 0 rg BT 216.95 178.60 Td (the ) Tj ET Q q 0 0 0 rg BT 233.66 178.60 Td (Company) Tj ET Q q 0 0 0 rg BT 279.49 178.60 Td (s ) Tj ET Q q 0 0 0 rg BT 287.03 178.60 Td (stockholders ) Tj ET Q q 0 0 0 rg BT 345.90 178.60 Td (during ) Tj ET Q q 0 0 0 rg BT 377.89 178.60 Td (the ) Tj ET Q q 0 0 0 rg BT 394.59 178.60 Td (Fee ) Tj ET Q q 0 0 0 rg BT 413.50 178.60 Td (W) Tj ET Q q 0 0 0 rg BT 423.00 178.60 Td (aiver ) Tj ET Q q 0 0 0 rg BT 448.25 178.60 Td (Period ) Tj ET Q q 0 0 0 rg BT 480.24 178.60 Td (represents, ) Tj ET Q q 0 0 0 rg BT 530.85 178.60 Td (or ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 163.40 Td (would ) Tj ET Q q 0 0 0 rg BT 137.69 163.40 Td (represent ) Tj ET Q q 0 0 0 rg BT 180.20 163.40 Td (when ) Tj ET Q q 0 0 0 rg BT 206.21 163.40 Td (paid, ) Tj ET Q q 0 0 0 rg BT 230.10 163.40 Td (a ) Tj ET Q q 0 0 0 rg BT 237.17 163.40 Td (return ) Tj ET Q q 0 0 0 rg BT 265.63 163.40 Td (of ) Tj ET Q q 0 0 0 rg BT 276.98 163.40 Td (capital ) Tj ET Q q 0 0 0 rg BT 308.49 163.40 Td (for ) Tj ET Q q 0 0 0 rg BT 323.51 163.40 Td (purposes ) Tj ET Q q 0 0 0 rg BT 364.81 163.40 Td (of ) Tj ET Q q 0 0 0 rg BT 376.17 163.40 Td (U.S. ) Tj ET Q q 0 0 0 rg BT 397.92 163.40 Td (federal ) Tj ET Q q 0 0 0 rg BT 430.64 163.40 Td (income ) Tj ET Q q 0 0 0 rg BT 465.21 163.40 Td (tax. ) Tj ET Q q 0 0 0 rg BT 483.44 163.40 Td (The ) Tj ET Q q 0 0 0 rg BT 502.73 163.40 Td (amounts ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 148.20 Td (waived ) Tj ET Q q 0 0 0 rg BT 142.74 148.20 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 183.61 148.20 Td (to ) Tj ET Q q 0 0 0 rg BT 195.14 148.20 Td (the ) Tj ET Q q 0 0 0 rg BT 211.56 148.20 Td (preceding ) Tj ET Q q 0 0 0 rg BT 257.91 148.20 Td (sentence ) Tj ET Q q 0 0 0 rg BT 298.75 148.20 Td (shall ) Tj ET Q q 0 0 0 rg BT 322.51 148.20 Td (be ) Tj ET Q q 0 0 0 rg BT 335.87 148.20 Td (referred ) Tj ET Q q 0 0 0 rg BT 373.65 148.20 Td (to ) Tj ET Q q 0 0 0 rg BT 385.18 148.20 Td (herein ) Tj ET Q q 0 0 0 rg BT 415.65 148.20 Td (as ) Tj ET Q q 0 0 0 rg BT 427.79 148.20 Td (the ) Tj ET Q q 0 0 0 rg BT 444.21 148.20 Td () Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 449.08837890625 146.73369140625005 m 505.55322265625 146.73369140625005 l s q 0 0 0 rg BT 449.09 148.20 Td (W) Tj ET Q q 0 0 0 rg BT 458.59 148.20 Td (aived ) Tj ET Q q 0 0 0 rg BT 485.39 148.20 Td (Fees) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 505.55 148.20 Td (. ) Tj ET Q q 0 0 0 rg BT 516.17 148.20 Td (HMS ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 133.05 Td (Adviser ) Tj ET Q q 0 0 0 rg BT 145.14 133.05 Td (shall ) Tj ET Q q 0 0 0 rg BT 168.23 133.05 Td (promptly ) Tj ET Q q 0 0 0 rg BT 210.87 133.05 Td (notify ) Tj ET Q q 0 0 0 rg BT 239.46 133.05 Td (the ) Tj ET Q q 0 0 0 rg BT 255.21 133.05 Td (Company ) Tj ET Q q 0 0 0 rg BT 300.30 133.05 Td (and ) Tj ET Q q 0 0 0 rg BT 318.50 133.05 Td (the ) Tj ET Q q 0 0 0 rg BT 334.25 133.05 Td (Sub-Adviser ) Tj ET Q q 0 0 0 rg BT 392.17 133.05 Td (of ) Tj ET Q q 0 0 0 rg BT 403.65 133.05 Td (the ) Tj ET Q q 0 0 0 rg BT 419.40 133.05 Td (amount ) Tj ET Q q 0 0 0 rg BT 454.71 133.05 Td (of ) Tj ET Q q 0 0 0 rg BT 466.18 133.05 Td (any ) Tj ET Q q 0 0 0 rg BT 484.21 133.05 Td (W) Tj ET Q q 0 0 0 rg BT 493.71 133.05 Td (aived ) Tj ET Q q 0 0 0 rg BT 519.85 133.05 Td (Fees ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 117.85 Td (and ) Tj ET Q q 0 0 0 rg BT 126.33 117.85 Td (the ) Tj ET Q q 0 0 0 rg BT 142.21 117.85 Td (Company ) Tj ET Q q 0 0 0 rg BT 187.43 117.85 Td (shall ) Tj ET Q q 0 0 0 rg BT 210.65 117.85 Td (deduct ) Tj ET Q q 0 0 0 rg BT 242.42 117.85 Td (the ) Tj ET Q q 0 0 0 rg BT 258.13 117.85 Td (W) Tj ET Q q 0 0 0 rg BT 267.63 117.85 Td (aived ) Tj ET Q q 0 0 0 rg BT 293.89 117.85 Td (Fees ) Tj ET Q q 0 0 0 rg BT 316.50 117.85 Td (from ) Tj ET Q q 0 0 0 rg BT 340.33 117.85 Td (the ) Tj ET Q q 0 0 0 rg BT 356.21 117.85 Td (amount, ) Tj ET Q q 0 0 0 rg BT 394.40 117.85 Td (if ) Tj ET Q q 0 0 0 rg BT 403.57 117.85 Td (any) Tj ET Q q 0 0 0 rg BT 418.74 117.85 Td (, ) Tj ET Q q 0 0 0 rg BT 423.93 117.85 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 469.14 117.85 Td (due ) Tj ET Q q 0 0 0 rg BT 487.47 117.85 Td (and ) Tj ET Q q 0 0 0 rg BT 505.80 117.85 Td (payable ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 102.70 Td (by ) Tj ET Q q 0 0 0 rg BT 120.92 102.70 Td (the ) Tj ET Q q 0 0 0 rg BT 136.27 102.70 Td (Company ) Tj ET Q q 0 0 0 rg BT 180.96 102.70 Td (to ) Tj ET Q q 0 0 0 rg BT 191.43 102.70 Td (HMS ) Tj ET Q q 0 0 0 rg BT 216.76 102.70 Td (Adviser ) Tj ET Q q 0 0 0 rg BT 253.51 102.70 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 293.30 102.70 Td (to ) Tj ET Q q 0 0 0 rg BT 303.77 102.70 Td (the ) Tj ET Q q 0 0 0 rg BT 319.13 102.70 Td (terms ) Tj ET Q q 0 0 0 rg BT 345.48 102.70 Td (of ) Tj ET Q q 0 0 0 rg BT 356.56 102.70 Td (the ) Tj ET Q q 0 0 0 rg BT 371.49 102.70 Td (Advisory ) Tj ET Q q 0 0 0 rg BT 413.93 102.70 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 464.71 102.70 Td (for ) Tj ET Q q 0 0 0 rg BT 479.45 102.70 Td (the ) Tj ET Q q 0 0 0 rg BT 494.80 102.70 Td (applicable ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 87.50 Td (calendar ) Tj ET Q q 0 0 0 rg BT 146.84 87.50 Td (quarter) Tj ET Q q 0 0 0 rg BT 177.38 87.50 Td (. ) Tj ET Q q 0 0 0 rg BT 181.73 87.50 Td (If ) Tj ET Q q 0 0 0 rg BT 190.65 87.50 Td (the ) Tj ET Q q 0 0 0 rg BT 205.68 87.50 Td (Incentive ) Tj ET Q q 0 0 0 rg BT 248.20 87.50 Td (Fee ) Tj ET Q q 0 0 0 rg BT 265.68 87.50 Td (owed ) Tj ET Q q 0 0 0 rg BT 291.10 87.50 Td (by ) Tj ET Q q 0 0 0 rg BT 303.70 87.50 Td (the ) Tj ET Q q 0 0 0 rg BT 318.73 87.50 Td (Company ) Tj ET Q q 0 0 0 rg BT 363.10 87.50 Td (to ) Tj ET Q q 0 0 0 rg BT 373.25 87.50 Td (HMS ) Tj ET Q q 0 0 0 rg BT 398.34 87.50 Td (Adviser ) Tj ET Q q 0 0 0 rg BT 434.76 87.50 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 474.24 87.50 Td (to ) Tj ET Q q 0 0 0 rg BT 484.39 87.50 Td (the ) Tj ET Q q 0 0 0 rg BT 499.07 87.50 Td (Advisory ) Tj ET Q endstream endobj 11 0 obj <> endobj 12 0 obj <> stream BT /F4 11.00 Tf ET q 0 0 0 rg BT 484.35 772.10 Td (Exhibit 10.1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 303.25 59.90 Td (2) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 712.40 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 160.86 712.40 Td (exceeds ) Tj ET Q q 0 0 0 rg BT 199.67 712.40 Td (the ) Tj ET Q q 0 0 0 rg BT 216.81 712.40 Td (W) Tj ET Q q 0 0 0 rg BT 226.31 712.40 Td (aived ) Tj ET Q q 0 0 0 rg BT 254.13 712.40 Td (Fees, ) Tj ET Q q 0 0 0 rg BT 281.03 712.40 Td (the ) Tj ET Q q 0 0 0 rg BT 298.47 712.40 Td (Company ) Tj ET Q q 0 0 0 rg BT 345.24 712.40 Td (shall ) Tj ET Q q 0 0 0 rg BT 370.01 712.40 Td (pay ) Tj ET Q q 0 0 0 rg BT 389.88 712.40 Td (any ) Tj ET Q q 0 0 0 rg BT 409.76 712.40 Td (such ) Tj ET Q q 0 0 0 rg BT 433.92 712.40 Td (excess ) Tj ET Q q 0 0 0 rg BT 466.62 712.40 Td (amount ) Tj ET Q q 0 0 0 rg BT 503.61 712.40 Td (to ) Tj ET Q q 0 0 0 rg BT 516.16 712.40 Td (HMS ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 697.20 Td (Adviser ) Tj ET Q q 0 0 0 rg BT 145.58 697.20 Td (in ) Tj ET Q q 0 0 0 rg BT 156.88 697.20 Td (accordance ) Tj ET Q q 0 0 0 rg BT 209.09 697.20 Td (with ) Tj ET Q q 0 0 0 rg BT 231.40 697.20 Td (the ) Tj ET Q q 0 0 0 rg BT 247.58 697.20 Td (terms ) Tj ET Q q 0 0 0 rg BT 274.77 697.20 Td (of ) Tj ET Q q 0 0 0 rg BT 286.69 697.20 Td (the ) Tj ET Q q 0 0 0 rg BT 302.27 697.20 Td (Advisory ) Tj ET Q q 0 0 0 rg BT 345.35 697.20 Td (Agreement.) Tj ET Q BT /F1 12.00 Tf ET q 0 0 0 rg BT 90.00 665.50 Td (\(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.99 665.50 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 665.50 Td (During ) Tj ET Q q 0 0 0 rg BT 141.15 665.50 Td (the ) Tj ET Q q 0 0 0 rg BT 156.58 665.50 Td (Fee ) Tj ET Q q 0 0 0 rg BT 174.31 665.50 Td (W) Tj ET Q q 0 0 0 rg BT 183.81 665.50 Td (aiver ) Tj ET Q q 0 0 0 rg BT 207.79 665.50 Td (Period, ) Tj ET Q q 0 0 0 rg BT 241.25 665.50 Td (the ) Tj ET Q q 0 0 0 rg BT 256.67 665.50 Td (Sub-Adviser ) Tj ET Q q 0 0 0 rg BT 314.27 665.50 Td (agrees ) Tj ET Q q 0 0 0 rg BT 344.35 665.50 Td (to ) Tj ET Q q 0 0 0 rg BT 354.90 665.50 Td (waive ) Tj ET Q q 0 0 0 rg BT 383.15 665.50 Td (a ) Tj ET Q q 0 0 0 rg BT 390.03 665.50 Td (portion ) Tj ET Q q 0 0 0 rg BT 423.79 665.50 Td (of ) Tj ET Q q 0 0 0 rg BT 434.95 665.50 Td (the ) Tj ET Q q 0 0 0 rg BT 450.37 665.50 Td (fees ) Tj ET Q q 0 0 0 rg BT 470.07 665.50 Td (due ) Tj ET Q q 0 0 0 rg BT 487.95 665.50 Td (and ) Tj ET Q q 0 0 0 rg BT 505.82 665.50 Td (payable ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 650.30 Td (under ) Tj ET Q q 0 0 0 rg BT 136.25 650.30 Td (the ) Tj ET Q q 0 0 0 rg BT 152.89 650.30 Td (Sub-Advisory ) Tj ET Q q 0 0 0 rg BT 217.11 650.30 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 269.17 650.30 Td (by ) Tj ET Q q 0 0 0 rg BT 283.37 650.30 Td (HMS ) Tj ET Q q 0 0 0 rg BT 309.71 650.30 Td (Adviser ) Tj ET Q q 0 0 0 rg BT 347.74 650.30 Td (to ) Tj ET Q q 0 0 0 rg BT 359.50 650.30 Td (the ) Tj ET Q q 0 0 0 rg BT 376.14 650.30 Td (Sub-Adviser ) Tj ET Q q 0 0 0 rg BT 434.94 650.30 Td (in ) Tj ET Q q 0 0 0 rg BT 446.70 650.30 Td (the ) Tj ET Q q 0 0 0 rg BT 463.34 650.30 Td (sole ) Tj ET Q q 0 0 0 rg BT 484.26 650.30 Td (discretion ) Tj ET Q q 0 0 0 rg BT 530.84 650.30 Td (of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 635.10 Td (the ) Tj ET Q q 0 0 0 rg BT 123.89 635.10 Td (Sub-Adviser) Tj ET Q q 0 0 0 rg BT 179.05 635.10 Td (, ) Tj ET Q q 0 0 0 rg BT 184.25 635.10 Td (in ) Tj ET Q q 0 0 0 rg BT 195.26 635.10 Td (an ) Tj ET Q q 0 0 0 rg BT 208.09 635.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 243.53 635.10 Td (proportionate ) Tj ET Q q 0 0 0 rg BT 305.24 635.10 Td (to ) Tj ET Q q 0 0 0 rg BT 316.25 635.10 Td (the ) Tj ET Q q 0 0 0 rg BT 331.96 635.10 Td (W) Tj ET Q q 0 0 0 rg BT 341.46 635.10 Td (aived ) Tj ET Q q 0 0 0 rg BT 367.73 635.10 Td (Fees ) Tj ET Q q 0 0 0 rg BT 390.34 635.10 Td (for ) Tj ET Q q 0 0 0 rg BT 405.62 635.10 Td (the ) Tj ET Q q 0 0 0 rg BT 421.51 635.10 Td (applicable ) Tj ET Q q 0 0 0 rg BT 469.15 635.10 Td (calendar ) Tj ET Q q 0 0 0 rg BT 508.85 635.10 Td (quarter ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 619.95 Td (\(the ) Tj ET Q q 0 0 0 rg BT 127.69 619.95 Td () Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 132.5673828125 618.48369140625 m 252.7578125 618.48369140625 l s q 0 0 0 rg BT 132.57 619.95 Td (Sub-Advisory ) Tj ET Q q 0 0 0 rg BT 196.69 619.95 Td (W) Tj ET Q q 0 0 0 rg BT 206.19 619.95 Td (aived ) Tj ET Q q 0 0 0 rg BT 232.59 619.95 Td (Fees) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 252.76 619.95 Td (\). ) Tj ET Q q 0 0 0 rg BT 266.64 619.95 Td ( ) Tj ET Q q 0 0 0 rg BT 268.65 619.95 Td (After ) Tj ET Q q 0 0 0 rg BT 294.44 619.95 Td (HMS ) Tj ET Q q 0 0 0 rg BT 320.30 619.95 Td (Adviser ) Tj ET Q q 0 0 0 rg BT 357.71 619.95 Td (notifies ) Tj ET Q q 0 0 0 rg BT 393.29 619.95 Td (the ) Tj ET Q q 0 0 0 rg BT 409.31 619.95 Td (Sub-Adviser ) Tj ET Q q 0 0 0 rg BT 467.50 619.95 Td (of ) Tj ET Q q 0 0 0 rg BT 479.24 619.95 Td (the ) Tj ET Q q 0 0 0 rg BT 495.27 619.95 Td (amount ) Tj ET Q q 0 0 0 rg BT 530.84 619.95 Td (of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 604.75 Td (W) Tj ET Q q 0 0 0 rg BT 117.50 604.75 Td (aived ) Tj ET Q q 0 0 0 rg BT 143.45 604.75 Td (Fees ) Tj ET Q q 0 0 0 rg BT 165.74 604.75 Td (under ) Tj ET Q q 0 0 0 rg BT 192.92 604.75 Td (Section ) Tj ET Q q 0 0 0 rg BT 228.04 604.75 Td (1\(a\), ) Tj ET Q q 0 0 0 rg BT 250.63 604.75 Td (the ) Tj ET Q q 0 0 0 rg BT 266.19 604.75 Td (Sub-Adviser ) Tj ET Q q 0 0 0 rg BT 323.93 604.75 Td (shall ) Tj ET Q q 0 0 0 rg BT 346.83 604.75 Td (promptly ) Tj ET Q q 0 0 0 rg BT 389.29 604.75 Td (notify ) Tj ET Q q 0 0 0 rg BT 417.70 604.75 Td (HMS ) Tj ET Q q 0 0 0 rg BT 443.20 604.75 Td (Adviser ) Tj ET Q q 0 0 0 rg BT 480.15 604.75 Td (of ) Tj ET Q q 0 0 0 rg BT 491.44 604.75 Td (the ) Tj ET Q q 0 0 0 rg BT 507.01 604.75 Td (amount ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 589.60 Td (of ) Tj ET Q q 0 0 0 rg BT 120.21 589.60 Td (any ) Tj ET Q q 0 0 0 rg BT 139.13 589.60 Td (Sub-Advisory ) Tj ET Q q 0 0 0 rg BT 203.68 589.60 Td (W) Tj ET Q q 0 0 0 rg BT 213.18 589.60 Td (aived ) Tj ET Q q 0 0 0 rg BT 240.05 589.60 Td (Fees ) Tj ET Q q 0 0 0 rg BT 263.26 589.60 Td (and ) Tj ET Q q 0 0 0 rg BT 282.18 589.60 Td (HMS ) Tj ET Q q 0 0 0 rg BT 308.40 589.60 Td (Adviser ) Tj ET Q q 0 0 0 rg BT 346.27 589.60 Td (shall ) Tj ET Q q 0 0 0 rg BT 370.09 589.60 Td (deduct ) Tj ET Q q 0 0 0 rg BT 402.45 589.60 Td (the ) Tj ET Q q 0 0 0 rg BT 418.93 589.60 Td (Sub-Advisory ) Tj ET Q q 0 0 0 rg BT 483.48 589.60 Td (W) Tj ET Q q 0 0 0 rg BT 492.98 589.60 Td (aived ) Tj ET Q q 0 0 0 rg BT 519.85 589.60 Td (Fees ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 574.40 Td (from ) Tj ET Q q 0 0 0 rg BT 132.29 574.40 Td (the ) Tj ET Q q 0 0 0 rg BT 148.63 574.40 Td (amount, ) Tj ET Q q 0 0 0 rg BT 187.28 574.40 Td (if ) Tj ET Q q 0 0 0 rg BT 196.90 574.40 Td (any) Tj ET Q q 0 0 0 rg BT 212.07 574.40 Td (, ) Tj ET Q q 0 0 0 rg BT 217.72 574.40 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 263.39 574.40 Td (due ) Tj ET Q q 0 0 0 rg BT 282.18 574.40 Td (and ) Tj ET Q q 0 0 0 rg BT 300.97 574.40 Td (payable ) Tj ET Q q 0 0 0 rg BT 338.07 574.40 Td (by ) Tj ET Q q 0 0 0 rg BT 351.98 574.40 Td (HMS ) Tj ET Q q 0 0 0 rg BT 378.08 574.40 Td (Adviser ) Tj ET Q q 0 0 0 rg BT 415.81 574.40 Td (to ) Tj ET Q q 0 0 0 rg BT 427.27 574.40 Td (the ) Tj ET Q q 0 0 0 rg BT 443.62 574.40 Td (Sub-Adviser ) Tj ET Q q 0 0 0 rg BT 502.13 574.40 Td (pursuant ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 559.20 Td (to ) Tj ET Q q 0 0 0 rg BT 118.91 559.20 Td (the ) Tj ET Q q 0 0 0 rg BT 134.69 559.20 Td (terms ) Tj ET Q q 0 0 0 rg BT 161.48 559.20 Td (of ) Tj ET Q q 0 0 0 rg BT 173.00 559.20 Td (the ) Tj ET Q q 0 0 0 rg BT 188.79 559.20 Td (Sub-Advisory ) Tj ET Q q 0 0 0 rg BT 252.34 559.20 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 303.56 559.20 Td (for ) Tj ET Q q 0 0 0 rg BT 318.73 559.20 Td (the ) Tj ET Q q 0 0 0 rg BT 334.52 559.20 Td (applicable ) Tj ET Q q 0 0 0 rg BT 382.07 559.20 Td (calendar ) Tj ET Q q 0 0 0 rg BT 421.67 559.20 Td (quarter) Tj ET Q q 0 0 0 rg BT 452.21 559.20 Td (. ) Tj ET Q q 0 0 0 rg BT 457.31 559.20 Td (If ) Tj ET Q q 0 0 0 rg BT 466.98 559.20 Td (the ) Tj ET Q q 0 0 0 rg BT 482.77 559.20 Td (fees ) Tj ET Q q 0 0 0 rg BT 502.83 559.20 Td (owed ) Tj ET Q q 0 0 0 rg BT 529.01 559.20 Td (by ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 544.05 Td (HMS ) Tj ET Q q 0 0 0 rg BT 133.16 544.05 Td (Adviser ) Tj ET Q q 0 0 0 rg BT 169.68 544.05 Td (to ) Tj ET Q q 0 0 0 rg BT 179.93 544.05 Td (the ) Tj ET Q q 0 0 0 rg BT 195.06 544.05 Td (Sub-Adviser ) Tj ET Q q 0 0 0 rg BT 252.36 544.05 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 291.94 544.05 Td (to ) Tj ET Q q 0 0 0 rg BT 302.19 544.05 Td (the ) Tj ET Q q 0 0 0 rg BT 317.32 544.05 Td (Sub-Advisory ) Tj ET Q q 0 0 0 rg BT 380.36 544.05 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 430.92 544.05 Td (exceed ) Tj ET Q q 0 0 0 rg BT 463.15 544.05 Td (the ) Tj ET Q q 0 0 0 rg BT 478.28 544.05 Td (Sub-Advisory ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 528.85 Td (W) Tj ET Q q 0 0 0 rg BT 117.50 528.85 Td (aived ) Tj ET Q q 0 0 0 rg BT 144.74 528.85 Td (Fees, ) Tj ET Q q 0 0 0 rg BT 171.07 528.85 Td (HMS ) Tj ET Q q 0 0 0 rg BT 197.58 528.85 Td (Adviser ) Tj ET Q q 0 0 0 rg BT 235.82 528.85 Td (shall ) Tj ET Q q 0 0 0 rg BT 260.01 528.85 Td (pay ) Tj ET Q q 0 0 0 rg BT 279.31 528.85 Td (any ) Tj ET Q q 0 0 0 rg BT 298.61 528.85 Td (such ) Tj ET Q q 0 0 0 rg BT 322.19 528.85 Td (excess ) Tj ET Q q 0 0 0 rg BT 354.32 528.85 Td (amount ) Tj ET Q q 0 0 0 rg BT 390.73 528.85 Td (to ) Tj ET Q q 0 0 0 rg BT 402.70 528.85 Td (the ) Tj ET Q q 0 0 0 rg BT 419.56 528.85 Td (Sub-Adviser ) Tj ET Q q 0 0 0 rg BT 478.58 528.85 Td (in ) Tj ET Q q 0 0 0 rg BT 490.56 528.85 Td (accordance ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 513.70 Td (with ) Tj ET Q q 0 0 0 rg BT 130.31 513.70 Td (the ) Tj ET Q q 0 0 0 rg BT 146.49 513.70 Td (terms ) Tj ET Q q 0 0 0 rg BT 173.68 513.70 Td (of ) Tj ET Q q 0 0 0 rg BT 185.60 513.70 Td (the ) Tj ET Q q 0 0 0 rg BT 201.78 513.70 Td (Sub-Advisory ) Tj ET Q q 0 0 0 rg BT 265.65 513.70 Td (Agreement.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 483.30 Td (2. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 90 481.578564453125 m 296.958984375 481.578564453125 l s q 0 0 0 rg BT 90.00 483.30 Td (Conditional ) Tj ET Q q 0 0 0 rg BT 148.38 483.30 Td (Reimbursement ) Tj ET Q q 0 0 0 rg BT 226.28 483.30 Td (of ) Tj ET Q q 0 0 0 rg BT 238.00 483.30 Td (W) Tj ET Q q 0 0 0 rg BT 248.39 483.30 Td (aived ) Tj ET Q q 0 0 0 rg BT 276.19 483.30 Td (Fees) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 296.96 483.30 Td (. ) Tj ET Q BT /F1 12.00 Tf ET q 0 0 0 rg BT 90.00 451.60 Td (\(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.32 451.60 Td ( ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 108 450.13369140625 m 157.49462890625 450.13369140625 l s q 0 0 0 rg BT 108.00 451.60 Td (Definitions) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 157.49 451.60 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 117.00 421.20 Td (i.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 122.81 421.20 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 126.00 421.20 Td () Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 130.88232421875 419.73369140625 m 246.61181640625 419.73369140625 l s q 0 0 0 rg BT 130.88 421.20 Td (Net ) Tj ET Q q 0 0 0 rg BT 149.42 421.20 Td (Increase ) Tj ET Q q 0 0 0 rg BT 188.72 421.20 Td (in ) Tj ET Q q 0 0 0 rg BT 199.93 421.20 Td (Net ) Tj ET Q q 0 0 0 rg BT 217.89 421.20 Td (Assets) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 246.61 421.20 Td ( ) Tj ET Q q 0 0 0 rg BT 254.15 421.20 Td (shall ) Tj ET Q q 0 0 0 rg BT 277.59 421.20 Td (mean ) Tj ET Q q 0 0 0 rg BT 304.07 421.20 Td (the ) Tj ET Q q 0 0 0 rg BT 320.16 421.20 Td (sum ) Tj ET Q q 0 0 0 rg BT 341.16 421.20 Td (of ) Tj ET Q q 0 0 0 rg BT 352.98 421.20 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 366.02 421.20 Td (the ) Tj ET Q q 0 0 0 rg BT 382.12 421.20 Td (Company) Tj ET Q q 0 0 0 rg BT 427.95 421.20 Td (s ) Tj ET Q q 0 0 0 rg BT 434.89 421.20 Td (tax ) Tj ET Q q 0 0 0 rg BT 450.99 421.20 Td (basis ) Tj ET Q q 0 0 0 rg BT 475.65 421.20 Td (net ) Tj ET Q q 0 0 0 rg BT 491.74 421.20 Td (investment ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 126.00 406.05 Td (income, ) Tj ET Q q 0 0 0 rg BT 162.97 406.05 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 178.25 406.05 Td (taxable ) Tj ET Q q 0 0 0 rg BT 211.85 406.05 Td (net ) Tj ET Q q 0 0 0 rg BT 227.13 406.05 Td (capital ) Tj ET Q q 0 0 0 rg BT 258.29 406.05 Td (gains/losses ) Tj ET Q q 0 0 0 rg BT 312.69 406.05 Td (\(whether ) Tj ET Q q 0 0 0 rg BT 353.62 406.05 Td (short-term ) Tj ET Q q 0 0 0 rg BT 401.28 406.05 Td (or ) Tj ET Q q 0 0 0 rg BT 412.29 406.05 Td (long-term\) ) Tj ET Q q 0 0 0 rg BT 461.17 406.05 Td (and ) Tj ET Q q 0 0 0 rg BT 478.90 406.05 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 497.23 406.05 Td (dividends ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 126.00 390.85 Td (and ) Tj ET Q q 0 0 0 rg BT 144.64 390.85 Td (other ) Tj ET Q q 0 0 0 rg BT 169.99 390.85 Td (distributions ) Tj ET Q q 0 0 0 rg BT 227.75 390.85 Td (paid ) Tj ET Q q 0 0 0 rg BT 249.44 390.85 Td (to ) Tj ET Q q 0 0 0 rg BT 260.75 390.85 Td (the ) Tj ET Q q 0 0 0 rg BT 276.95 390.85 Td (Company ) Tj ET Q q 0 0 0 rg BT 322.48 390.85 Td (on ) Tj ET Q q 0 0 0 rg BT 336.23 390.85 Td (account ) Tj ET Q q 0 0 0 rg BT 373.19 390.85 Td (of ) Tj ET Q q 0 0 0 rg BT 385.10 390.85 Td (investments ) Tj ET Q q 0 0 0 rg BT 440.41 390.85 Td (in ) Tj ET Q q 0 0 0 rg BT 451.72 390.85 Td (portfolio ) Tj ET Q q 0 0 0 rg BT 492.97 390.85 Td (companies ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 126.00 375.70 Td (\(to ) Tj ET Q q 0 0 0 rg BT 140.78 375.70 Td (the ) Tj ET Q q 0 0 0 rg BT 156.78 375.70 Td (extent ) Tj ET Q q 0 0 0 rg BT 186.21 375.70 Td (such ) Tj ET Q q 0 0 0 rg BT 208.94 375.70 Td (amounts ) Tj ET Q q 0 0 0 rg BT 248.77 375.70 Td (are ) Tj ET Q q 0 0 0 rg BT 264.76 375.70 Td (not ) Tj ET Q q 0 0 0 rg BT 281.37 375.70 Td (included ) Tj ET Q q 0 0 0 rg BT 321.81 375.70 Td (in ) Tj ET Q q 0 0 0 rg BT 332.93 375.70 Td (clauses ) Tj ET Q q 0 0 0 rg BT 367.25 375.70 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 380.19 375.70 Td (and ) Tj ET Q q 0 0 0 rg BT 398.63 375.70 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 414.63 375.70 Td (above\). ) Tj ET Q q 0 0 0 rg BT 449.87 375.70 Td (For ) Tj ET Q q 0 0 0 rg BT 467.71 375.70 Td (the ) Tj ET Q q 0 0 0 rg BT 483.71 375.70 Td (avoidance ) Tj ET Q q 0 0 0 rg BT 530.85 375.70 Td (of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 126.00 360.50 Td (doubt, ) Tj ET Q q 0 0 0 rg BT 157.53 360.50 Td (operating ) Tj ET Q q 0 0 0 rg BT 202.80 360.50 Td (expenses ) Tj ET Q q 0 0 0 rg BT 246.23 360.50 Td (deducted ) Tj ET Q q 0 0 0 rg BT 289.66 360.50 Td (in ) Tj ET Q q 0 0 0 rg BT 301.94 360.50 Td (calculating ) Tj ET Q q 0 0 0 rg BT 353.92 360.50 Td (tax ) Tj ET Q q 0 0 0 rg BT 371.08 360.50 Td (basis ) Tj ET Q q 0 0 0 rg BT 396.81 360.50 Td (net ) Tj ET Q q 0 0 0 rg BT 413.97 360.50 Td (investment ) Tj ET Q q 0 0 0 rg BT 465.97 360.50 Td (income ) Tj ET Q q 0 0 0 rg BT 502.07 360.50 Td (does ) Tj ET Q q 0 0 0 rg BT 525.96 360.50 Td (not ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 126.00 345.30 Td (include ) Tj ET Q q 0 0 0 rg BT 162.73 345.30 Td (Or) Tj ET Q q 0 0 0 rg BT 174.14 345.30 Td (ganization ) Tj ET Q q 0 0 0 rg BT 224.30 345.30 Td (and ) Tj ET Q q 0 0 0 rg BT 244.54 345.30 Td (Of) Tj ET Q q 0 0 0 rg BT 255.95 345.30 Td (fering ) Tj ET Q q 0 0 0 rg BT 286.56 345.30 Td (Expenses ) Tj ET Q q 0 0 0 rg BT 332.46 345.30 Td (as ) Tj ET Q q 0 0 0 rg BT 345.98 345.30 Td (defined ) Tj ET Q q 0 0 0 rg BT 383.31 345.30 Td (in ) Tj ET Q q 0 0 0 rg BT 396.22 345.30 Td (the ) Tj ET Q q 0 0 0 rg BT 413.05 345.30 Td (Advisory ) Tj ET Q q 0 0 0 rg BT 457.39 345.30 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 510.60 345.30 Td (or ) Tj ET Q q 0 0 0 rg BT 524.12 345.30 Td (any ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 126.00 330.15 Td (accrued ) Tj ET Q q 0 0 0 rg BT 162.94 330.15 Td (Incentive ) Tj ET Q q 0 0 0 rg BT 206.61 330.15 Td (Fee ) Tj ET Q q 0 0 0 rg BT 225.25 330.15 Td (related ) Tj ET Q q 0 0 0 rg BT 257.92 330.15 Td (to ) Tj ET Q q 0 0 0 rg BT 269.23 330.15 Td (net ) Tj ET Q q 0 0 0 rg BT 285.41 330.15 Td (unrealized ) Tj ET Q q 0 0 0 rg BT 333.97 330.15 Td (appreciation.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 117.00 299.80 Td (ii.) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 125.86 299.80 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 126.00 299.80 Td () Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 130.88232421875 298.33369140625 m 241.00048828125 298.33369140625 l s q 0 0 0 rg BT 130.88 299.80 Td (Operating ) Tj ET Q q 0 0 0 rg BT 177.39 299.80 Td (Expense ) Tj ET Q q 0 0 0 rg BT 217.17 299.80 Td (Ratio) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 241.00 299.80 Td ( ) Tj ET Q q 0 0 0 rg BT 248.40 299.80 Td (is ) Tj ET Q q 0 0 0 rg BT 258.26 299.80 Td (calculated ) Tj ET Q q 0 0 0 rg BT 305.36 299.80 Td (on ) Tj ET Q q 0 0 0 rg BT 318.88 299.80 Td (a ) Tj ET Q q 0 0 0 rg BT 326.28 299.80 Td (quarterly ) Tj ET Q q 0 0 0 rg BT 368.50 299.80 Td (basis ) Tj ET Q q 0 0 0 rg BT 393.02 299.80 Td (as ) Tj ET Q q 0 0 0 rg BT 404.70 299.80 Td (a ) Tj ET Q q 0 0 0 rg BT 412.10 299.80 Td (percentage ) Tj ET Q q 0 0 0 rg BT 462.25 299.80 Td (of ) Tj ET Q q 0 0 0 rg BT 473.93 299.80 Td (the ) Tj ET Q q 0 0 0 rg BT 489.89 299.80 Td (Company) Tj ET Q q 0 0 0 rg BT 535.72 299.80 Td (s ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 126.00 284.60 Td (average ) Tj ET Q q 0 0 0 rg BT 163.45 284.60 Td (net ) Tj ET Q q 0 0 0 rg BT 180.15 284.60 Td (assets ) Tj ET Q q 0 0 0 rg BT 209.07 284.60 Td (and ) Tj ET Q q 0 0 0 rg BT 228.22 284.60 Td (includes ) Tj ET Q q 0 0 0 rg BT 268.14 284.60 Td (all ) Tj ET Q q 0 0 0 rg BT 282.39 284.60 Td (expenses ) Tj ET Q q 0 0 0 rg BT 325.36 284.60 Td (borne ) Tj ET Q q 0 0 0 rg BT 353.66 284.60 Td (by ) Tj ET Q q 0 0 0 rg BT 367.92 284.60 Td (the ) Tj ET Q q 0 0 0 rg BT 384.62 284.60 Td (Company) Tj ET Q q 0 0 0 rg BT 426.68 284.60 Td (, ) Tj ET Q q 0 0 0 rg BT 432.69 284.60 Td (except ) Tj ET Q q 0 0 0 rg BT 464.66 284.60 Td (for ) Tj ET Q q 0 0 0 rg BT 480.51 284.60 Td (W) Tj ET Q q 0 0 0 rg BT 490.01 284.60 Td (aived ) Tj ET Q q 0 0 0 rg BT 517.09 284.60 Td (Fees, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 126.00 269.40 Td (expenses ) Tj ET Q q 0 0 0 rg BT 168.37 269.40 Td (accrued ) Tj ET Q q 0 0 0 rg BT 205.23 269.40 Td (under ) Tj ET Q q 0 0 0 rg BT 232.94 269.40 Td (the ) Tj ET Q q 0 0 0 rg BT 249.05 269.40 Td (Expense ) Tj ET Q q 0 0 0 rg BT 288.98 269.40 Td (Support ) Tj ET Q q 0 0 0 rg BT 326.48 269.40 Td (and ) Tj ET Q q 0 0 0 rg BT 345.03 269.40 Td (Conditional ) Tj ET Q q 0 0 0 rg BT 399.64 269.40 Td (Reimbursement ) Tj ET Q q 0 0 0 rg BT 471.37 269.40 Td (Agreements ) Tj ET Q q 0 0 0 rg BT 527.18 269.40 Td (\(as ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 126.00 254.25 Td (described ) Tj ET Q q 0 0 0 rg BT 170.90 254.25 Td (below\) ) Tj ET Q q 0 0 0 rg BT 204.19 254.25 Td (and ) Tj ET Q q 0 0 0 rg BT 222.82 254.25 Td (Or) Tj ET Q q 0 0 0 rg BT 234.23 254.25 Td (ganization ) Tj ET Q q 0 0 0 rg BT 282.80 254.25 Td (and ) Tj ET Q q 0 0 0 rg BT 301.43 254.25 Td (Of) Tj ET Q q 0 0 0 rg BT 312.84 254.25 Td (fering ) Tj ET Q q 0 0 0 rg BT 341.85 254.25 Td (Expenses.) Tj ET Q BT /F1 12.00 Tf ET q 0 0 0 rg BT 90.00 222.50 Td (\(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.99 222.50 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 222.50 Td (Subject ) Tj ET Q q 0 0 0 rg BT 143.79 222.50 Td (to ) Tj ET Q q 0 0 0 rg BT 155.13 222.50 Td (the ) Tj ET Q q 0 0 0 rg BT 171.36 222.50 Td (limitations ) Tj ET Q q 0 0 0 rg BT 221.21 222.50 Td (described ) Tj ET Q q 0 0 0 rg BT 266.15 222.50 Td (in ) Tj ET Q q 0 0 0 rg BT 277.49 222.50 Td (this ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 296.17529296875 221.03369140625 m 337.46044921875 221.03369140625 l s q 0 0 0 rg BT 296.18 222.50 Td (Section ) Tj ET Q q 0 0 0 rg BT 331.96 222.50 Td (2) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 337.46 222.50 Td ( ) Tj ET Q q 0 0 0 rg BT 340.25 222.50 Td (and ) Tj ET Q q 0 0 0 rg BT 358.92 222.50 Td (subject ) Tj ET Q q 0 0 0 rg BT 392.87 222.50 Td (to ) Tj ET Q q 0 0 0 rg BT 404.22 222.50 Td (the ) Tj ET Q q 0 0 0 rg BT 420.45 222.50 Td (approval ) Tj ET Q q 0 0 0 rg BT 461.72 222.50 Td (of ) Tj ET Q q 0 0 0 rg BT 473.68 222.50 Td (the ) Tj ET Q q 0 0 0 rg BT 489.90 222.50 Td (Company) Tj ET Q q 0 0 0 rg BT 535.74 222.50 Td (s ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 207.30 Td (board ) Tj ET Q q 0 0 0 rg BT 136.61 207.30 Td (of ) Tj ET Q q 0 0 0 rg BT 149.35 207.30 Td (directors, ) Tj ET Q q 0 0 0 rg BT 194.15 207.30 Td (the ) Tj ET Q q 0 0 0 rg BT 211.16 207.30 Td (Company ) Tj ET Q q 0 0 0 rg BT 257.50 207.30 Td (hereby ) Tj ET Q q 0 0 0 rg BT 291.00 207.30 Td (agrees ) Tj ET Q q 0 0 0 rg BT 322.66 207.30 Td (to ) Tj ET Q q 0 0 0 rg BT 334.79 207.30 Td (reimburse ) Tj ET Q q 0 0 0 rg BT 382.34 207.30 Td (HMS ) Tj ET Q q 0 0 0 rg BT 408.96 207.30 Td (Adviser ) Tj ET Q q 0 0 0 rg BT 447.36 207.30 Td (for ) Tj ET Q q 0 0 0 rg BT 463.75 207.30 Td (any ) Tj ET Q q 0 0 0 rg BT 482.95 207.30 Td (W) Tj ET Q q 0 0 0 rg BT 492.45 207.30 Td (aived ) Tj ET Q q 0 0 0 rg BT 519.84 207.30 Td (Fees ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 192.15 Td (following ) Tj ET Q q 0 0 0 rg BT 154.55 192.15 Td (any ) Tj ET Q q 0 0 0 rg BT 174.21 192.15 Td (calendar ) Tj ET Q q 0 0 0 rg BT 215.23 192.15 Td (quarter ) Tj ET Q q 0 0 0 rg BT 250.16 192.15 Td (in ) Tj ET Q q 0 0 0 rg BT 262.49 192.15 Td (which ) Tj ET Q q 0 0 0 rg BT 293.15 192.15 Td (the ) Tj ET Q q 0 0 0 rg BT 310.36 192.15 Td (Company) Tj ET Q q 0 0 0 rg BT 356.19 192.15 Td (s ) Tj ET Q q 0 0 0 rg BT 364.25 192.15 Td (Net ) Tj ET Q q 0 0 0 rg BT 383.91 192.15 Td (Increase ) Tj ET Q q 0 0 0 rg BT 424.32 192.15 Td (in ) Tj ET Q q 0 0 0 rg BT 436.65 192.15 Td (Net ) Tj ET Q q 0 0 0 rg BT 455.48 192.15 Td (Assets ) Tj ET Q q 0 0 0 rg BT 487.98 192.15 Td (exceeds ) Tj ET Q q 0 0 0 rg BT 526.56 192.15 Td (the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 176.95 Td (amount ) Tj ET Q q 0 0 0 rg BT 144.92 176.95 Td (of ) Tj ET Q q 0 0 0 rg BT 158.00 176.95 Td (the ) Tj ET Q q 0 0 0 rg BT 175.36 176.95 Td (Company) Tj ET Q q 0 0 0 rg BT 221.19 176.95 Td (s ) Tj ET Q q 0 0 0 rg BT 229.39 176.95 Td (cumulative ) Tj ET Q q 0 0 0 rg BT 282.18 176.95 Td (distributions ) Tj ET Q q 0 0 0 rg BT 341.11 176.95 Td (paid ) Tj ET Q q 0 0 0 rg BT 363.97 176.95 Td (to ) Tj ET Q q 0 0 0 rg BT 376.45 176.95 Td (the ) Tj ET Q q 0 0 0 rg BT 393.81 176.95 Td (Company) Tj ET Q q 0 0 0 rg BT 439.64 176.95 Td (s ) Tj ET Q q 0 0 0 rg BT 447.84 176.95 Td (stockholders ) Tj ET Q q 0 0 0 rg BT 507.36 176.95 Td (in ) Tj ET Q q 0 0 0 rg BT 519.84 176.95 Td (such ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 161.80 Td (calendar ) Tj ET Q q 0 0 0 rg BT 147.56 161.80 Td (quarter ) Tj ET Q q 0 0 0 rg BT 181.02 161.80 Td (\(the ) Tj ET Q q 0 0 0 rg BT 200.43 161.80 Td () Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 205.3125 160.33369140624995 m 352.58447265625 160.33369140624995 l s q 0 0 0 rg BT 205.31 161.80 Td (Excess ) Tj ET Q q 0 0 0 rg BT 238.17 161.80 Td (Net ) Tj ET Q q 0 0 0 rg BT 256.36 161.80 Td (Increase ) Tj ET Q q 0 0 0 rg BT 295.31 161.80 Td (in ) Tj ET Q q 0 0 0 rg BT 306.18 161.80 Td (Net ) Tj ET Q q 0 0 0 rg BT 323.86 161.80 Td (Assets) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 352.58 161.80 Td (\) ) Tj ET Q q 0 0 0 rg BT 363.44 161.80 Td (in ) Tj ET Q q 0 0 0 rg BT 374.31 161.80 Td (an ) Tj ET Q q 0 0 0 rg BT 387.00 161.80 Td (amount ) Tj ET Q q 0 0 0 rg BT 422.31 161.80 Td (equal ) Tj ET Q q 0 0 0 rg BT 448.44 161.80 Td (to ) Tj ET Q q 0 0 0 rg BT 459.31 161.80 Td (the ) Tj ET Q q 0 0 0 rg BT 475.06 161.80 Td (lesser ) Tj ET Q q 0 0 0 rg BT 502.41 161.80 Td (of ) Tj ET Q q 0 0 0 rg BT 513.89 161.80 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 526.58 161.80 Td (the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 146.60 Td (Excess ) Tj ET Q q 0 0 0 rg BT 142.35 146.60 Td (Net ) Tj ET Q q 0 0 0 rg BT 162.03 146.60 Td (Increase ) Tj ET Q q 0 0 0 rg BT 202.47 146.60 Td (in ) Tj ET Q q 0 0 0 rg BT 214.83 146.60 Td (Net ) Tj ET Q q 0 0 0 rg BT 233.68 146.60 Td (Assets ) Tj ET Q q 0 0 0 rg BT 266.20 146.60 Td (in ) Tj ET Q q 0 0 0 rg BT 278.56 146.60 Td (such ) Tj ET Q q 0 0 0 rg BT 302.53 146.60 Td (calendar ) Tj ET Q q 0 0 0 rg BT 343.58 146.60 Td (quarter ) Tj ET Q q 0 0 0 rg BT 378.53 146.60 Td (and ) Tj ET Q q 0 0 0 rg BT 398.21 146.60 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 415.46 146.60 Td (the ) Tj ET Q q 0 0 0 rg BT 432.70 146.60 Td (aggregate ) Tj ET Q q 0 0 0 rg BT 479.25 146.60 Td (amount ) Tj ET Q q 0 0 0 rg BT 516.05 146.60 Td (of ) Tj ET Q q 0 0 0 rg BT 529.01 146.60 Td (all ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 131.40 Td (W) Tj ET Q q 0 0 0 rg BT 117.50 131.40 Td (aived ) Tj ET Q q 0 0 0 rg BT 143.82 131.40 Td (Fees ) Tj ET Q q 0 0 0 rg BT 166.49 131.40 Td (made ) Tj ET Q q 0 0 0 rg BT 192.81 131.40 Td (within ) Tj ET Q q 0 0 0 rg BT 223.42 131.40 Td (three ) Tj ET Q q 0 0 0 rg BT 247.90 131.40 Td (\(3\) ) Tj ET Q q 0 0 0 rg BT 263.23 131.40 Td (years ) Tj ET Q q 0 0 0 rg BT 288.94 131.40 Td (prior ) Tj ET Q q 0 0 0 rg BT 312.82 131.40 Td (to ) Tj ET Q q 0 0 0 rg BT 323.88 131.40 Td (the ) Tj ET Q q 0 0 0 rg BT 339.82 131.40 Td (last ) Tj ET Q q 0 0 0 rg BT 357.59 131.40 Td (day ) Tj ET Q q 0 0 0 rg BT 375.98 131.40 Td (of ) Tj ET Q q 0 0 0 rg BT 387.64 131.40 Td (such ) Tj ET Q q 0 0 0 rg BT 410.30 131.40 Td (calendar ) Tj ET Q q 0 0 0 rg BT 450.05 131.40 Td (quarter ) Tj ET Q q 0 0 0 rg BT 483.70 131.40 Td (that ) Tj ET Q q 0 0 0 rg BT 502.70 131.40 Td (have ) Tj ET Q q 0 0 0 rg BT 525.96 131.40 Td (not ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 116.25 Td (been ) Tj ET Q q 0 0 0 rg BT 132.47 116.25 Td (previously ) Tj ET Q q 0 0 0 rg BT 182.61 116.25 Td (reimbursed ) Tj ET Q q 0 0 0 rg BT 235.80 116.25 Td (by ) Tj ET Q q 0 0 0 rg BT 250.51 116.25 Td (the ) Tj ET Q q 0 0 0 rg BT 267.65 116.25 Td (Company ) Tj ET Q q 0 0 0 rg BT 314.13 116.25 Td (\(the ) Tj ET Q q 0 0 0 rg BT 334.93 116.25 Td () Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 339.81689453125 114.78369140625 m 451.66845703125 114.78369140625 l s q 0 0 0 rg BT 339.82 116.25 Td (Reimbursement ) Tj ET Q q 0 0 0 rg BT 413.17 116.25 Td (Payment) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 451.67 116.25 Td (\). ) Tj ET Q q 0 0 0 rg BT 466.67 116.25 Td (Notwithstanding ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 101.05 Td (anything ) Tj ET Q q 0 0 0 rg BT 148.55 101.05 Td (herein ) Tj ET Q q 0 0 0 rg BT 178.09 101.05 Td (to ) Tj ET Q q 0 0 0 rg BT 188.70 101.05 Td (the ) Tj ET Q q 0 0 0 rg BT 204.20 101.05 Td (contrary) Tj ET Q q 0 0 0 rg BT 240.13 101.05 Td (, ) Tj ET Q q 0 0 0 rg BT 244.93 101.05 Td (the ) Tj ET Q q 0 0 0 rg BT 260.43 101.05 Td (Company ) Tj ET Q q 0 0 0 rg BT 305.26 101.05 Td (shall ) Tj ET Q q 0 0 0 rg BT 328.09 101.05 Td (only ) Tj ET Q q 0 0 0 rg BT 349.70 101.05 Td (reimburse ) Tj ET Q q 0 0 0 rg BT 395.59 101.05 Td (W) Tj ET Q q 0 0 0 rg BT 405.09 101.05 Td (aived ) Tj ET Q q 0 0 0 rg BT 430.97 101.05 Td (Fees ) Tj ET Q q 0 0 0 rg BT 453.19 101.05 Td (if ) Tj ET Q q 0 0 0 rg BT 461.96 101.05 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 474.40 101.05 Td (the ) Tj ET Q q 0 0 0 rg BT 489.90 101.05 Td (Company) Tj ET Q q 0 0 0 rg BT 535.73 101.05 Td (s ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 85.90 Td (Operating ) Tj ET Q q 0 0 0 rg BT 154.16 85.90 Td (Expense ) Tj ET Q q 0 0 0 rg BT 193.61 85.90 Td (Ratio ) Tj ET Q q 0 0 0 rg BT 219.62 85.90 Td (at ) Tj ET Q q 0 0 0 rg BT 229.74 85.90 Td (the ) Tj ET Q q 0 0 0 rg BT 245.36 85.90 Td (time ) Tj ET Q q 0 0 0 rg BT 267.09 85.90 Td (of ) Tj ET Q q 0 0 0 rg BT 278.44 85.90 Td (reimbursement ) Tj ET Q q 0 0 0 rg BT 346.59 85.90 Td (is ) Tj ET Q q 0 0 0 rg BT 356.11 85.90 Td (equal ) Tj ET Q q 0 0 0 rg BT 382.11 85.90 Td (to ) Tj ET Q q 0 0 0 rg BT 392.85 85.90 Td (or ) Tj ET Q q 0 0 0 rg BT 404.19 85.90 Td (less ) Tj ET Q q 0 0 0 rg BT 422.88 85.90 Td (than ) Tj ET Q q 0 0 0 rg BT 443.99 85.90 Td (its ) Tj ET Q q 0 0 0 rg BT 456.57 85.90 Td (Operating ) Tj ET Q q 0 0 0 rg BT 502.73 85.90 Td (Expense ) Tj ET Q endstream endobj 13 0 obj <> endobj 14 0 obj <> stream BT /F4 11.00 Tf ET q 0 0 0 rg BT 484.35 772.10 Td (Exhibit 10.1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 303.25 59.90 Td (3) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 712.40 Td (Ratio ) Tj ET Q q 0 0 0 rg BT 134.71 712.40 Td (at ) Tj ET Q q 0 0 0 rg BT 145.53 712.40 Td (the ) Tj ET Q q 0 0 0 rg BT 161.85 712.40 Td (time ) Tj ET Q q 0 0 0 rg BT 184.29 712.40 Td (that ) Tj ET Q q 0 0 0 rg BT 203.66 712.40 Td (such ) Tj ET Q q 0 0 0 rg BT 226.71 712.40 Td (fees ) Tj ET Q q 0 0 0 rg BT 247.30 712.40 Td (were ) Tj ET Q q 0 0 0 rg BT 271.55 712.40 Td (waived ) Tj ET Q q 0 0 0 rg BT 306.20 712.40 Td (and ) Tj ET Q q 0 0 0 rg BT 324.96 712.40 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 341.28 712.40 Td (the ) Tj ET Q q 0 0 0 rg BT 357.60 712.40 Td (annualized ) Tj ET Q q 0 0 0 rg BT 408.13 712.40 Td (rate ) Tj ET Q q 0 0 0 rg BT 427.49 712.40 Td (of ) Tj ET Q q 0 0 0 rg BT 439.54 712.40 Td (the ) Tj ET Q q 0 0 0 rg BT 455.86 712.40 Td (Company) Tj ET Q q 0 0 0 rg BT 501.69 712.40 Td (s ) Tj ET Q q 0 0 0 rg BT 508.85 712.40 Td (regular ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 697.20 Td (cash ) Tj ET Q q 0 0 0 rg BT 130.49 697.20 Td (distributions ) Tj ET Q q 0 0 0 rg BT 188.44 697.20 Td (to ) Tj ET Q q 0 0 0 rg BT 199.95 697.20 Td (its ) Tj ET Q q 0 0 0 rg BT 213.29 697.20 Td (stockholders ) Tj ET Q q 0 0 0 rg BT 271.83 697.20 Td (is ) Tj ET Q q 0 0 0 rg BT 282.12 697.20 Td (equal ) Tj ET Q q 0 0 0 rg BT 308.88 697.20 Td (to ) Tj ET Q q 0 0 0 rg BT 320.39 697.20 Td (or ) Tj ET Q q 0 0 0 rg BT 332.50 697.20 Td (greater ) Tj ET Q q 0 0 0 rg BT 365.97 697.20 Td (than ) Tj ET Q q 0 0 0 rg BT 387.86 697.20 Td (the ) Tj ET Q q 0 0 0 rg BT 404.24 697.20 Td (annualized ) Tj ET Q q 0 0 0 rg BT 454.83 697.20 Td (rate ) Tj ET Q q 0 0 0 rg BT 474.26 697.20 Td (of ) Tj ET Q q 0 0 0 rg BT 486.37 697.20 Td (regular ) Tj ET Q q 0 0 0 rg BT 520.46 697.20 Td (cash ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 682.05 Td (distributions ) Tj ET Q q 0 0 0 rg BT 165.76 682.05 Td (to ) Tj ET Q q 0 0 0 rg BT 177.06 682.05 Td (stockholders ) Tj ET Q q 0 0 0 rg BT 235.41 682.05 Td (at ) Tj ET Q q 0 0 0 rg BT 246.10 682.05 Td (the ) Tj ET Q q 0 0 0 rg BT 262.29 682.05 Td (time ) Tj ET Q q 0 0 0 rg BT 284.59 682.05 Td (that ) Tj ET Q q 0 0 0 rg BT 303.84 682.05 Td (such ) Tj ET Q q 0 0 0 rg BT 326.75 682.05 Td (fees ) Tj ET Q q 0 0 0 rg BT 347.21 682.05 Td (were ) Tj ET Q q 0 0 0 rg BT 371.33 682.05 Td (waived.) Tj ET Q BT /F1 12.00 Tf ET q 0 0 0 rg BT 90.00 650.30 Td (\(c\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.32 650.30 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 650.30 Td (Upon ) Tj ET Q q 0 0 0 rg BT 135.79 650.30 Td (receipt ) Tj ET Q q 0 0 0 rg BT 169.05 650.30 Td (of ) Tj ET Q q 0 0 0 rg BT 181.56 650.30 Td (a ) Tj ET Q q 0 0 0 rg BT 189.78 650.30 Td (Reimbursement ) Tj ET Q q 0 0 0 rg BT 262.78 650.30 Td (Payment ) Tj ET Q q 0 0 0 rg BT 304.61 650.30 Td (in ) Tj ET Q q 0 0 0 rg BT 316.51 650.30 Td (a ) Tj ET Q q 0 0 0 rg BT 324.74 650.30 Td (calendar ) Tj ET Q q 0 0 0 rg BT 365.33 650.30 Td (quarter) Tj ET Q q 0 0 0 rg BT 396.03 650.30 Td (, ) Tj ET Q q 0 0 0 rg BT 402.13 650.30 Td (HMS ) Tj ET Q q 0 0 0 rg BT 428.57 650.30 Td (Adviser ) Tj ET Q q 0 0 0 rg BT 466.74 650.30 Td (hereby ) Tj ET Q q 0 0 0 rg BT 500.01 650.30 Td (agrees ) Tj ET Q q 0 0 0 rg BT 531.44 650.30 Td (to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 635.10 Td (reimburse ) Tj ET Q q 0 0 0 rg BT 155.22 635.10 Td (the ) Tj ET Q q 0 0 0 rg BT 171.90 635.10 Td (Sub-Adviser ) Tj ET Q q 0 0 0 rg BT 230.75 635.10 Td (for ) Tj ET Q q 0 0 0 rg BT 246.81 635.10 Td (any ) Tj ET Q q 0 0 0 rg BT 265.93 635.10 Td (Sub-Advisory ) Tj ET Q q 0 0 0 rg BT 330.66 635.10 Td (W) Tj ET Q q 0 0 0 rg BT 340.16 635.10 Td (aived ) Tj ET Q q 0 0 0 rg BT 367.22 635.10 Td (Fees ) Tj ET Q q 0 0 0 rg BT 390.62 635.10 Td (in ) Tj ET Q q 0 0 0 rg BT 402.42 635.10 Td (an ) Tj ET Q q 0 0 0 rg BT 416.04 635.10 Td (amount ) Tj ET Q q 0 0 0 rg BT 452.27 635.10 Td (proportionate ) Tj ET Q q 0 0 0 rg BT 514.77 635.10 Td (to ) Tj ET Q q 0 0 0 rg BT 526.57 635.10 Td (the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 619.95 Td (Reimbursement ) Tj ET Q q 0 0 0 rg BT 179.16 619.95 Td (Payment ) Tj ET Q q 0 0 0 rg BT 219.15 619.95 Td (HMS ) Tj ET Q q 0 0 0 rg BT 244.17 619.95 Td (Adviser ) Tj ET Q q 0 0 0 rg BT 280.50 619.95 Td (received ) Tj ET Q q 0 0 0 rg BT 319.25 619.95 Td (in ) Tj ET Q q 0 0 0 rg BT 329.31 619.95 Td (such ) Tj ET Q q 0 0 0 rg BT 350.98 619.95 Td (quarter ) Tj ET Q q 0 0 0 rg BT 383.63 619.95 Td (\(the ) Tj ET Q q 0 0 0 rg BT 402.23 619.95 Td () Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 407.1171875 618.48369140625 m 542.748046875 618.48369140625 l s q 0 0 0 rg BT 407.12 619.95 Td (Sub-Advisory ) Tj ET Q q 0 0 0 rg BT 470.35 619.95 Td (Reimbursement ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 108 603.28369140625 m 146.49462890625 603.28369140625 l s q 0 0 0 rg BT 108.00 604.75 Td (Payment) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 146.49 604.75 Td (\). ) Tj ET Q q 0 0 0 rg BT 160.54 604.75 Td ( ) Tj ET Q BT /F1 12.00 Tf ET q 0 0 0 rg BT 90.00 573.00 Td (\(d\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.99 573.00 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 573.00 Td (If ) Tj ET Q q 0 0 0 rg BT 118.04 573.00 Td (payable, ) Tj ET Q q 0 0 0 rg BT 157.71 573.00 Td (the ) Tj ET Q q 0 0 0 rg BT 173.86 573.00 Td (Reimbursement ) Tj ET Q q 0 0 0 rg BT 246.23 573.00 Td (Payment ) Tj ET Q q 0 0 0 rg BT 287.44 573.00 Td (for ) Tj ET Q q 0 0 0 rg BT 302.98 573.00 Td (any ) Tj ET Q q 0 0 0 rg BT 321.58 573.00 Td (calendar ) Tj ET Q q 0 0 0 rg BT 361.54 573.00 Td (quarter ) Tj ET Q q 0 0 0 rg BT 395.41 573.00 Td (shall ) Tj ET Q q 0 0 0 rg BT 418.90 573.00 Td (be ) Tj ET Q q 0 0 0 rg BT 432.00 573.00 Td (paid ) Tj ET Q q 0 0 0 rg BT 453.65 573.00 Td (by ) Tj ET Q q 0 0 0 rg BT 467.36 573.00 Td (the ) Tj ET Q q 0 0 0 rg BT 483.52 573.00 Td (Company ) Tj ET Q q 0 0 0 rg BT 529.01 573.00 Td (no ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 557.85 Td (later ) Tj ET Q q 0 0 0 rg BT 132.71 557.85 Td (than ) Tj ET Q q 0 0 0 rg BT 156.81 557.85 Td (forty-five ) Tj ET Q q 0 0 0 rg BT 204.13 557.85 Td (\(45\) ) Tj ET Q q 0 0 0 rg BT 227.62 557.85 Td (days ) Tj ET Q q 0 0 0 rg BT 252.95 557.85 Td (after ) Tj ET Q q 0 0 0 rg BT 278.26 557.85 Td (the ) Tj ET Q q 0 0 0 rg BT 296.87 557.85 Td (end ) Tj ET Q q 0 0 0 rg BT 317.92 557.85 Td (of ) Tj ET Q q 0 0 0 rg BT 332.25 557.85 Td (such ) Tj ET Q q 0 0 0 rg BT 357.58 557.85 Td (calendar ) Tj ET Q q 0 0 0 rg BT 399.99 557.85 Td (quarter) Tj ET Q q 0 0 0 rg BT 430.70 557.85 Td (, ) Tj ET Q q 0 0 0 rg BT 438.62 557.85 Td (and ) Tj ET Q q 0 0 0 rg BT 459.67 557.85 Td (the ) Tj ET Q q 0 0 0 rg BT 478.27 557.85 Td (Sub-Advisory ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 542.65 Td (Reimbursement ) Tj ET Q q 0 0 0 rg BT 180.21 542.65 Td (Payment ) Tj ET Q q 0 0 0 rg BT 221.27 542.65 Td (shall ) Tj ET Q q 0 0 0 rg BT 244.60 542.65 Td (be ) Tj ET Q q 0 0 0 rg BT 257.55 542.65 Td (paid ) Tj ET Q q 0 0 0 rg BT 279.05 542.65 Td (by ) Tj ET Q q 0 0 0 rg BT 292.61 542.65 Td (HMS ) Tj ET Q q 0 0 0 rg BT 318.44 542.65 Td (Adviser ) Tj ET Q q 0 0 0 rg BT 355.83 542.65 Td (no ) Tj ET Q q 0 0 0 rg BT 369.39 542.65 Td (later ) Tj ET Q q 0 0 0 rg BT 391.49 542.65 Td (than ) Tj ET Q q 0 0 0 rg BT 412.99 542.65 Td (three ) Tj ET Q q 0 0 0 rg BT 437.54 542.65 Td (\(3\) ) Tj ET Q q 0 0 0 rg BT 452.92 542.65 Td (days ) Tj ET Q q 0 0 0 rg BT 475.65 542.65 Td (after ) Tj ET Q q 0 0 0 rg BT 498.35 542.65 Td (receipt ) Tj ET Q q 0 0 0 rg BT 530.84 542.65 Td (of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 527.50 Td (a ) Tj ET Q q 0 0 0 rg BT 114.46 527.50 Td (Reimbursement ) Tj ET Q q 0 0 0 rg BT 185.69 527.50 Td (Payment ) Tj ET Q q 0 0 0 rg BT 225.75 527.50 Td (for ) Tj ET Q q 0 0 0 rg BT 240.16 527.50 Td (the ) Tj ET Q q 0 0 0 rg BT 255.17 527.50 Td (applicable ) Tj ET Q q 0 0 0 rg BT 301.94 527.50 Td (calendar ) Tj ET Q q 0 0 0 rg BT 340.77 527.50 Td (quarter) Tj ET Q q 0 0 0 rg BT 371.31 527.50 Td (. ) Tj ET Q q 0 0 0 rg BT 375.52 527.50 Td (The ) Tj ET Q q 0 0 0 rg BT 394.19 527.50 Td (reimbursement ) Tj ET Q q 0 0 0 rg BT 461.75 527.50 Td (of ) Tj ET Q q 0 0 0 rg BT 472.49 527.50 Td (all ) Tj ET Q q 0 0 0 rg BT 485.06 527.50 Td (such ) Tj ET Q q 0 0 0 rg BT 506.68 527.50 Td (W) Tj ET Q q 0 0 0 rg BT 516.18 527.50 Td (aived ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 512.30 Td (Fees ) Tj ET Q q 0 0 0 rg BT 130.23 512.30 Td (and ) Tj ET Q q 0 0 0 rg BT 148.18 512.30 Td (Sub-Advisory ) Tj ET Q q 0 0 0 rg BT 211.82 512.30 Td (W) Tj ET Q q 0 0 0 rg BT 221.32 512.30 Td (aived ) Tj ET Q q 0 0 0 rg BT 247.20 512.30 Td (Fees ) Tj ET Q q 0 0 0 rg BT 269.43 512.30 Td (is ) Tj ET Q q 0 0 0 rg BT 278.84 512.30 Td (to ) Tj ET Q q 0 0 0 rg BT 289.46 512.30 Td (be ) Tj ET Q q 0 0 0 rg BT 301.90 512.30 Td (made ) Tj ET Q q 0 0 0 rg BT 327.79 512.30 Td (within ) Tj ET Q q 0 0 0 rg BT 357.97 512.30 Td (a ) Tj ET Q q 0 0 0 rg BT 364.92 512.30 Td (period ) Tj ET Q q 0 0 0 rg BT 395.08 512.30 Td (not ) Tj ET Q q 0 0 0 rg BT 411.21 512.30 Td (to ) Tj ET Q q 0 0 0 rg BT 421.83 512.30 Td (exceed ) Tj ET Q q 0 0 0 rg BT 454.42 512.30 Td (three ) Tj ET Q q 0 0 0 rg BT 478.47 512.30 Td (\(3\) ) Tj ET Q q 0 0 0 rg BT 493.36 512.30 Td (years ) Tj ET Q q 0 0 0 rg BT 518.64 512.30 Td (from ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 497.10 Td (the ) Tj ET Q q 0 0 0 rg BT 124.19 497.10 Td (date ) Tj ET Q q 0 0 0 rg BT 145.26 497.10 Td (that ) Tj ET Q q 0 0 0 rg BT 164.50 497.10 Td (each ) Tj ET Q q 0 0 0 rg BT 187.40 497.10 Td (respective ) Tj ET Q q 0 0 0 rg BT 234.74 497.10 Td (waiver ) Tj ET Q q 0 0 0 rg BT 267.41 497.10 Td (of ) Tj ET Q q 0 0 0 rg BT 279.33 497.10 Td (such ) Tj ET Q q 0 0 0 rg BT 302.04 497.10 Td (W) Tj ET Q q 0 0 0 rg BT 311.54 497.10 Td (aived ) Tj ET Q q 0 0 0 rg BT 338.11 497.10 Td (Fees ) Tj ET Q q 0 0 0 rg BT 361.03 497.10 Td (or ) Tj ET Q q 0 0 0 rg BT 372.94 497.10 Td (Sub-Advisory ) Tj ET Q q 0 0 0 rg BT 437.22 497.10 Td (W) Tj ET Q q 0 0 0 rg BT 446.72 497.10 Td (aived ) Tj ET Q q 0 0 0 rg BT 473.29 497.10 Td (Fees ) Tj ET Q q 0 0 0 rg BT 496.20 497.10 Td (is ) Tj ET Q q 0 0 0 rg BT 506.29 497.10 Td (made.) Tj ET Q BT /F1 12.00 Tf ET q 0 0 0 rg BT 90.00 465.40 Td (\(e\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.32 465.40 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 465.40 Td (Subject ) Tj ET Q q 0 0 0 rg BT 143.42 465.40 Td (to ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 154.4013671875 463.93369140625 m 208.1474609375 463.93369140625 l s q 0 0 0 rg BT 154.40 465.40 Td (Section ) Tj ET Q q 0 0 0 rg BT 189.82 465.40 Td (2\(d\)) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 208.15 465.40 Td (, ) Tj ET Q q 0 0 0 rg BT 213.32 465.40 Td (any ) Tj ET Q q 0 0 0 rg BT 231.63 465.40 Td (Reimbursement ) Tj ET Q q 0 0 0 rg BT 303.71 465.40 Td (Payments ) Tj ET Q q 0 0 0 rg BT 348.91 465.40 Td (shall ) Tj ET Q q 0 0 0 rg BT 372.11 465.40 Td (be ) Tj ET Q q 0 0 0 rg BT 384.92 465.40 Td (made ) Tj ET Q q 0 0 0 rg BT 411.16 465.40 Td (by ) Tj ET Q q 0 0 0 rg BT 424.59 465.40 Td (the ) Tj ET Q q 0 0 0 rg BT 440.45 465.40 Td (Company ) Tj ET Q q 0 0 0 rg BT 485.65 465.40 Td (according ) Tj ET Q q 0 0 0 rg BT 531.44 465.40 Td (to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 450.20 Td (the ) Tj ET Q q 0 0 0 rg BT 124.54 450.20 Td (following ) Tj ET Q q 0 0 0 rg BT 170.43 450.20 Td (priority: ) Tj ET Q q 0 0 0 rg BT 209.58 450.20 Td (\(i\) ) Tj ET Q q 0 0 0 rg BT 223.07 450.20 Td (reimbursement ) Tj ET Q q 0 0 0 rg BT 292.16 450.20 Td (of ) Tj ET Q q 0 0 0 rg BT 304.42 450.20 Td (all ) Tj ET Q q 0 0 0 rg BT 318.52 450.20 Td (payments ) Tj ET Q q 0 0 0 rg BT 363.79 450.20 Td (made ) Tj ET Q q 0 0 0 rg BT 390.72 450.20 Td (to ) Tj ET Q q 0 0 0 rg BT 402.38 450.20 Td (the ) Tj ET Q q 0 0 0 rg BT 418.92 450.20 Td (Company ) Tj ET Q q 0 0 0 rg BT 464.80 450.20 Td (by ) Tj ET Q q 0 0 0 rg BT 478.91 450.20 Td (HMS ) Tj ET Q q 0 0 0 rg BT 505.17 450.20 Td (Adviser ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 435.00 Td (under ) Tj ET Q q 0 0 0 rg BT 135.93 435.00 Td (the ) Tj ET Q q 0 0 0 rg BT 152.25 435.00 Td (Expense ) Tj ET Q q 0 0 0 rg BT 192.40 435.00 Td (Support ) Tj ET Q q 0 0 0 rg BT 230.12 435.00 Td (and ) Tj ET Q q 0 0 0 rg BT 248.89 435.00 Td (Conditional ) Tj ET Q q 0 0 0 rg BT 303.72 435.00 Td (Reimbursement ) Tj ET Q q 0 0 0 rg BT 375.62 435.00 Td (Agreement, ) Tj ET Q q 0 0 0 rg BT 430.12 435.00 Td (as ) Tj ET Q q 0 0 0 rg BT 442.17 435.00 Td (amended ) Tj ET Q q 0 0 0 rg BT 484.75 435.00 Td (from ) Tj ET Q q 0 0 0 rg BT 509.02 435.00 Td (time ) Tj ET Q q 0 0 0 rg BT 531.45 435.00 Td (to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 419.85 Td (time, ) Tj ET Q q 0 0 0 rg BT 132.41 419.85 Td (dated ) Tj ET Q q 0 0 0 rg BT 158.34 419.85 Td (as ) Tj ET Q q 0 0 0 rg BT 169.62 419.85 Td (of ) Tj ET Q q 0 0 0 rg BT 180.89 419.85 Td (November ) Tj ET Q q 0 0 0 rg BT 229.43 419.85 Td (1) Tj ET Q q 0 0 0 rg BT 234.52 419.85 Td (1, ) Tj ET Q q 0 0 0 rg BT 244.88 419.85 Td (2013, ) Tj ET Q q 0 0 0 rg BT 271.74 419.85 Td (then ) Tj ET Q q 0 0 0 rg BT 292.79 419.85 Td (\(ii\) ) Tj ET Q q 0 0 0 rg BT 308.34 419.85 Td (reimbursement ) Tj ET Q q 0 0 0 rg BT 376.43 419.85 Td (of ) Tj ET Q q 0 0 0 rg BT 387.71 419.85 Td (all ) Tj ET Q q 0 0 0 rg BT 400.81 419.85 Td (payments ) Tj ET Q q 0 0 0 rg BT 445.08 419.85 Td (made ) Tj ET Q q 0 0 0 rg BT 471.01 419.85 Td (to ) Tj ET Q q 0 0 0 rg BT 481.68 419.85 Td (the ) Tj ET Q q 0 0 0 rg BT 497.23 419.85 Td (Company ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 404.65 Td (by ) Tj ET Q q 0 0 0 rg BT 124.07 404.65 Td (HMS ) Tj ET Q q 0 0 0 rg BT 151.86 404.65 Td (Adviser ) Tj ET Q q 0 0 0 rg BT 191.75 404.65 Td (under ) Tj ET Q q 0 0 0 rg BT 221.86 404.65 Td (the ) Tj ET Q q 0 0 0 rg BT 240.36 404.65 Td (Expense ) Tj ET Q q 0 0 0 rg BT 282.69 404.65 Td (Support ) Tj ET Q q 0 0 0 rg BT 322.60 404.65 Td (and ) Tj ET Q q 0 0 0 rg BT 343.55 404.65 Td (Conditional ) Tj ET Q q 0 0 0 rg BT 400.56 404.65 Td (Reimbursement ) Tj ET Q q 0 0 0 rg BT 474.16 404.65 Td (Agreement, ) Tj ET Q q 0 0 0 rg BT 530.84 404.65 Td (as ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 389.50 Td (amended ) Tj ET Q q 0 0 0 rg BT 150.94 389.50 Td (from ) Tj ET Q q 0 0 0 rg BT 175.55 389.50 Td (time ) Tj ET Q q 0 0 0 rg BT 198.33 389.50 Td (to ) Tj ET Q q 0 0 0 rg BT 210.12 389.50 Td (time, ) Tj ET Q q 0 0 0 rg BT 235.65 389.50 Td (dated ) Tj ET Q q 0 0 0 rg BT 262.71 389.50 Td (as ) Tj ET Q q 0 0 0 rg BT 275.10 389.50 Td (of ) Tj ET Q q 0 0 0 rg BT 287.50 389.50 Td (December ) Tj ET Q q 0 0 0 rg BT 335.92 389.50 Td (30, ) Tj ET Q q 0 0 0 rg BT 352.90 389.50 Td (2013, ) Tj ET Q q 0 0 0 rg BT 380.88 389.50 Td (then ) Tj ET Q q 0 0 0 rg BT 403.05 389.50 Td (\(iii\) ) Tj ET Q q 0 0 0 rg BT 422.78 389.50 Td (reimbursement ) Tj ET Q q 0 0 0 rg BT 491.99 389.50 Td (of ) Tj ET Q q 0 0 0 rg BT 504.39 389.50 Td (all ) Tj ET Q q 0 0 0 rg BT 518.61 389.50 Td (Base ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 374.30 Td (Management ) Tj ET Q q 0 0 0 rg BT 169.83 374.30 Td (Fees ) Tj ET Q q 0 0 0 rg BT 194.41 374.30 Td (and ) Tj ET Q q 0 0 0 rg BT 214.70 374.30 Td (Incentive ) Tj ET Q q 0 0 0 rg BT 260.03 374.30 Td (Fees ) Tj ET Q q 0 0 0 rg BT 284.61 374.30 Td (\(as ) Tj ET Q q 0 0 0 rg BT 301.84 374.30 Td (such ) Tj ET Q q 0 0 0 rg BT 326.42 374.30 Td (terms ) Tj ET Q q 0 0 0 rg BT 355.27 374.30 Td (are ) Tj ET Q q 0 0 0 rg BT 373.10 374.30 Td (defined ) Tj ET Q q 0 0 0 rg BT 410.50 374.30 Td (in ) Tj ET Q q 0 0 0 rg BT 423.47 374.30 Td (the ) Tj ET Q q 0 0 0 rg BT 440.34 374.30 Td (Advisory ) Tj ET Q q 0 0 0 rg BT 484.72 374.30 Td (Agreement\), ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 359.10 Td (including ) Tj ET Q q 0 0 0 rg BT 151.79 359.10 Td (the ) Tj ET Q q 0 0 0 rg BT 167.30 359.10 Td (W) Tj ET Q q 0 0 0 rg BT 176.80 359.10 Td (aived ) Tj ET Q q 0 0 0 rg BT 202.86 359.10 Td (Fees, ) Tj ET Q q 0 0 0 rg BT 228.01 359.10 Td (earned ) Tj ET Q q 0 0 0 rg BT 259.55 359.10 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 299.67 359.10 Td (to ) Tj ET Q q 0 0 0 rg BT 310.46 359.10 Td (the ) Tj ET Q q 0 0 0 rg BT 325.64 359.10 Td (Advisory ) Tj ET Q q 0 0 0 rg BT 368.33 359.10 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 419.43 359.10 Td (but ) Tj ET Q q 0 0 0 rg BT 435.72 359.10 Td (waived ) Tj ET Q q 0 0 0 rg BT 469.72 359.10 Td (by ) Tj ET Q q 0 0 0 rg BT 482.96 359.10 Td (the ) Tj ET Q q 0 0 0 rg BT 498.14 359.10 Td (Advisers, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 343.95 Td (which ) Tj ET Q q 0 0 0 rg BT 137.71 343.95 Td (shall ) Tj ET Q q 0 0 0 rg BT 161.32 343.95 Td (be ) Tj ET Q q 0 0 0 rg BT 174.54 343.95 Td (reimbursed ) Tj ET Q q 0 0 0 rg BT 226.85 343.95 Td (in ) Tj ET Q q 0 0 0 rg BT 238.24 343.95 Td (the ) Tj ET Q q 0 0 0 rg BT 254.51 343.95 Td (order ) Tj ET Q q 0 0 0 rg BT 280.55 343.95 Td (that ) Tj ET Q q 0 0 0 rg BT 299.88 343.95 Td (such ) Tj ET Q q 0 0 0 rg BT 322.87 343.95 Td (fees ) Tj ET Q q 0 0 0 rg BT 343.41 343.95 Td (were ) Tj ET Q q 0 0 0 rg BT 367.62 343.95 Td (waived ) Tj ET Q q 0 0 0 rg BT 402.21 343.95 Td (beginning ) Tj ET Q q 0 0 0 rg BT 449.04 343.95 Td (with ) Tj ET Q q 0 0 0 rg BT 471.43 343.95 Td (the ) Tj ET Q q 0 0 0 rg BT 487.70 343.95 Td (earliest ) Tj ET Q q 0 0 0 rg BT 522.29 343.95 Td (fees ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 328.75 Td (eligible ) Tj ET Q q 0 0 0 rg BT 144.09 328.75 Td (for ) Tj ET Q q 0 0 0 rg BT 160.02 328.75 Td (reimbursement. ) Tj ET Q q 0 0 0 rg BT 231.86 328.75 Td (For ) Tj ET Q q 0 0 0 rg BT 250.24 328.75 Td (the ) Tj ET Q q 0 0 0 rg BT 266.79 328.75 Td (avoidance ) Tj ET Q q 0 0 0 rg BT 314.48 328.75 Td (of ) Tj ET Q q 0 0 0 rg BT 326.74 328.75 Td (doubt, ) Tj ET Q q 0 0 0 rg BT 357.65 328.75 Td (the ) Tj ET Q q 0 0 0 rg BT 374.20 328.75 Td (priority ) Tj ET Q q 0 0 0 rg BT 410.30 328.75 Td (described ) Tj ET Q q 0 0 0 rg BT 455.55 328.75 Td (in ) Tj ET Q q 0 0 0 rg BT 467.21 328.75 Td (this ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 486.20556640625 327.28369140625 m 540.01318359375 327.28369140625 l s q 0 0 0 rg BT 486.21 328.75 Td (Section ) Tj ET Q q 0 0 0 rg BT 522.30 328.75 Td (2\(e\)) Tj ET Q BT /F1 11.00 Tf ET BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 313.60 Td (supersedes ) Tj ET Q q 0 0 0 rg BT 159.05 313.60 Td (any ) Tj ET Q q 0 0 0 rg BT 178.33 313.60 Td (reimbursement ) Tj ET Q q 0 0 0 rg BT 247.71 313.60 Td (priority ) Tj ET Q q 0 0 0 rg BT 284.10 313.60 Td (described ) Tj ET Q q 0 0 0 rg BT 329.65 313.60 Td (in ) Tj ET Q q 0 0 0 rg BT 341.60 313.60 Td (any ) Tj ET Q q 0 0 0 rg BT 360.88 313.60 Td (other ) Tj ET Q q 0 0 0 rg BT 386.88 313.60 Td (agreement, ) Tj ET Q q 0 0 0 rg BT 438.84 313.60 Td (or ) Tj ET Q q 0 0 0 rg BT 451.40 313.60 Td (amendment ) Tj ET Q q 0 0 0 rg BT 506.11 313.60 Td (thereof, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 298.40 Td (entered ) Tj ET Q q 0 0 0 rg BT 143.12 298.40 Td (into ) Tj ET Q q 0 0 0 rg BT 162.98 298.40 Td (by ) Tj ET Q q 0 0 0 rg BT 176.73 298.40 Td (and ) Tj ET Q q 0 0 0 rg BT 195.36 298.40 Td (between ) Tj ET Q q 0 0 0 rg BT 234.76 298.40 Td (the ) Tj ET Q q 0 0 0 rg BT 250.95 298.40 Td (Company ) Tj ET Q q 0 0 0 rg BT 296.47 298.40 Td (and ) Tj ET Q q 0 0 0 rg BT 315.10 298.40 Td (HMS ) Tj ET Q q 0 0 0 rg BT 341.09 298.40 Td (Adviser ) Tj ET Q q 0 0 0 rg BT 378.67 298.40 Td (and, ) Tj ET Q q 0 0 0 rg BT 400.05 298.40 Td (if ) Tj ET Q q 0 0 0 rg BT 409.52 298.40 Td (applicable, ) Tj ET Q q 0 0 0 rg BT 460.21 298.40 Td (the ) Tj ET Q q 0 0 0 rg BT 476.40 298.40 Td (Sub-Adviser) Tj ET Q q 0 0 0 rg BT 531.40 298.40 Td (.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 268.05 Td (3. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 90 266.32856445312495 m 264.71142578125 266.32856445312495 l s q 0 0 0 rg BT 90.00 268.05 Td (T) Tj ET Q q 0 0 0 rg BT 96.33 268.05 Td (erm ) Tj ET Q q 0 0 0 rg BT 118.65 268.05 Td (and ) Tj ET Q q 0 0 0 rg BT 139.53 268.05 Td (T) Tj ET Q q 0 0 0 rg BT 145.86 268.05 Td (ermination ) Tj ET Q q 0 0 0 rg BT 201.19 268.05 Td (of ) Tj ET Q q 0 0 0 rg BT 212.99 268.05 Td (Agr) Tj ET Q q 0 0 0 rg BT 231.12 268.05 Td (eement) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 264.71 268.05 Td (. ) Tj ET Q q 0 0 0 rg BT 270.61 268.05 Td (This ) Tj ET Q q 0 0 0 rg BT 292.81 268.05 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 345.07 268.05 Td (is ) Tj ET Q q 0 0 0 rg BT 355.79 268.05 Td (ef) Tj ET Q q 0 0 0 rg BT 364.14 268.05 Td (fective ) Tj ET Q q 0 0 0 rg BT 397.46 268.05 Td (as ) Tj ET Q q 0 0 0 rg BT 410.01 268.05 Td (of ) Tj ET Q q 0 0 0 rg BT 422.57 268.05 Td (January ) Tj ET Q q 0 0 0 rg BT 460.17 268.05 Td (1, ) Tj ET Q q 0 0 0 rg BT 471.81 268.05 Td (2018, ) Tj ET Q q 0 0 0 rg BT 499.95 268.05 Td (and ) Tj ET Q q 0 0 0 rg BT 519.23 268.05 Td (shall ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 90.00 252.85 Td (remain ) Tj ET Q q 0 0 0 rg BT 123.71 252.85 Td (in ) Tj ET Q q 0 0 0 rg BT 135.44 252.85 Td (ef) Tj ET Q q 0 0 0 rg BT 143.79 252.85 Td (fect ) Tj ET Q q 0 0 0 rg BT 163.45 252.85 Td (during ) Tj ET Q q 0 0 0 rg BT 195.34 252.85 Td (the ) Tj ET Q q 0 0 0 rg BT 211.96 252.85 Td (Fee ) Tj ET Q q 0 0 0 rg BT 230.78 252.85 Td (W) Tj ET Q q 0 0 0 rg BT 240.28 252.85 Td (aiver ) Tj ET Q q 0 0 0 rg BT 265.44 252.85 Td (Period ) Tj ET Q q 0 0 0 rg BT 297.34 252.85 Td (unless ) Tj ET Q q 0 0 0 rg BT 328.01 252.85 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 373.95 252.85 Td (terminated ) Tj ET Q q 0 0 0 rg BT 424.16 252.85 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 465.22 252.85 Td (to ) Tj ET Q q 0 0 0 rg BT 476.95 252.85 Td (this ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 496.01318359375 251.38369140625002 m 537.2578125 251.38369140625002 l s q 0 0 0 rg BT 496.01 252.85 Td (Section3) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 537.26 252.85 Td (. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 90.00 237.70 Td (This ) Tj ET Q q 0 0 0 rg BT 111.00 237.70 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 161.72 237.70 Td (may ) Tj ET Q q 0 0 0 rg BT 182.51 237.70 Td (be ) Tj ET Q q 0 0 0 rg BT 194.74 237.70 Td (terminated ) Tj ET Q q 0 0 0 rg BT 243.63 237.70 Td (by ) Tj ET Q q 0 0 0 rg BT 256.48 237.70 Td (the ) Tj ET Q q 0 0 0 rg BT 271.36 237.70 Td (Advisers ) Tj ET Q q 0 0 0 rg BT 312.32 237.70 Td (upon ) Tj ET Q q 0 0 0 rg BT 336.17 237.70 Td (written ) Tj ET Q q 0 0 0 rg BT 369.18 237.70 Td (notice ) Tj ET Q q 0 0 0 rg BT 397.91 237.70 Td (to ) Tj ET Q q 0 0 0 rg BT 408.32 237.70 Td (the ) Tj ET Q q 0 0 0 rg BT 423.61 237.70 Td (Company) Tj ET Q q 0 0 0 rg BT 465.67 237.70 Td (. ) Tj ET Q q 0 0 0 rg BT 470.13 237.70 Td (This ) Tj ET Q q 0 0 0 rg BT 491.13 237.70 Td (Agreement ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 90.00 222.50 Td (shall ) Tj ET Q q 0 0 0 rg BT 112.72 222.50 Td (automatically ) Tj ET Q q 0 0 0 rg BT 174.52 222.50 Td (terminate ) Tj ET Q q 0 0 0 rg BT 218.00 222.50 Td (in ) Tj ET Q q 0 0 0 rg BT 228.49 222.50 Td (the ) Tj ET Q q 0 0 0 rg BT 243.87 222.50 Td (event ) Tj ET Q q 0 0 0 rg BT 269.63 222.50 Td (of ) Tj ET Q q 0 0 0 rg BT 280.74 222.50 Td (\(i\)the ) Tj ET Q q 0 0 0 rg BT 309.25 222.50 Td (termination ) Tj ET Q q 0 0 0 rg BT 361.90 222.50 Td (by ) Tj ET Q q 0 0 0 rg BT 374.84 222.50 Td (the ) Tj ET Q q 0 0 0 rg BT 390.22 222.50 Td (Company ) Tj ET Q q 0 0 0 rg BT 434.93 222.50 Td (of ) Tj ET Q q 0 0 0 rg BT 446.04 222.50 Td (either ) Tj ET Q q 0 0 0 rg BT 473.02 222.50 Td (of ) Tj ET Q q 0 0 0 rg BT 484.12 222.50 Td (the ) Tj ET Q q 0 0 0 rg BT 499.07 222.50 Td (Advisory ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 90.00 207.30 Td (Agreements ) Tj ET Q q 0 0 0 rg BT 145.67 207.30 Td (or ) Tj ET Q q 0 0 0 rg BT 157.35 207.30 Td (\(ii\)the ) Tj ET Q q 0 0 0 rg BT 189.50 207.30 Td (dissolution ) Tj ET Q q 0 0 0 rg BT 240.31 207.30 Td (or ) Tj ET Q q 0 0 0 rg BT 252.00 207.30 Td (liquidation ) Tj ET Q q 0 0 0 rg BT 302.18 207.30 Td (of ) Tj ET Q q 0 0 0 rg BT 313.87 207.30 Td (the ) Tj ET Q q 0 0 0 rg BT 329.83 207.30 Td (Company) Tj ET Q q 0 0 0 rg BT 371.89 207.30 Td (. ) Tj ET Q q 0 0 0 rg BT 377.16 207.30 Td (Notwithstanding ) Tj ET Q q 0 0 0 rg BT 453.01 207.30 Td (any ) Tj ET Q q 0 0 0 rg BT 471.42 207.30 Td (provision ) Tj ET Q q 0 0 0 rg BT 515.50 207.30 Td (to ) Tj ET Q q 0 0 0 rg BT 526.57 207.30 Td (the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 90.00 192.15 Td (contrary) Tj ET Q q 0 0 0 rg BT 125.93 192.15 Td (, ) Tj ET Q q 0 0 0 rg BT 132.93 192.15 Td (if ) Tj ET Q q 0 0 0 rg BT 143.89 192.15 Td (this ) Tj ET Q q 0 0 0 rg BT 163.09 192.15 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 216.20 192.15 Td (terminates ) Tj ET Q q 0 0 0 rg BT 266.26 192.15 Td (automatically ) Tj ET Q q 0 0 0 rg BT 330.37 192.15 Td (pursuant ) Tj ET Q q 0 0 0 rg BT 372.50 192.15 Td (to ) Tj ET Q q 0 0 0 rg BT 385.30 192.15 Td (clause ) Tj ET Q q 0 0 0 rg BT 417.03 192.15 Td (\(i\), ) Tj ET Q q 0 0 0 rg BT 434.41 192.15 Td (the ) Tj ET Q q 0 0 0 rg BT 452.09 192.15 Td (Company ) Tj ET Q q 0 0 0 rg BT 499.11 192.15 Td (agrees ) Tj ET Q q 0 0 0 rg BT 531.45 192.15 Td (to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 90.00 176.95 Td (reimburse ) Tj ET Q q 0 0 0 rg BT 137.50 176.95 Td (the ) Tj ET Q q 0 0 0 rg BT 153.67 176.95 Td (Advisers ) Tj ET Q q 0 0 0 rg BT 196.29 176.95 Td (for ) Tj ET Q q 0 0 0 rg BT 212.63 176.95 Td (all ) Tj ET Q q 0 0 0 rg BT 226.88 176.95 Td (W) Tj ET Q q 0 0 0 rg BT 236.38 176.95 Td (aived ) Tj ET Q q 0 0 0 rg BT 263.71 176.95 Td (Fees ) Tj ET Q q 0 0 0 rg BT 287.39 176.95 Td (not ) Tj ET Q q 0 0 0 rg BT 304.95 176.95 Td (previously ) Tj ET Q q 0 0 0 rg BT 354.90 176.95 Td (reimbursed ) Tj ET Q q 0 0 0 rg BT 407.90 176.95 Td (in ) Tj ET Q q 0 0 0 rg BT 419.97 176.95 Td (accordance ) Tj ET Q q 0 0 0 rg BT 472.93 176.95 Td (with ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 496.0009765625 175.48369140625005 m 537.24560546875 175.48369140625005 l s q 0 0 0 rg BT 496.00 176.95 Td (Section2) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 537.25 176.95 Td (. ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 90.00 161.80 Td (Such ) Tj ET Q q 0 0 0 rg BT 114.30 161.80 Td (reimbursement ) Tj ET Q q 0 0 0 rg BT 182.57 161.80 Td (shall ) Tj ET Q q 0 0 0 rg BT 205.65 161.80 Td (be ) Tj ET Q q 0 0 0 rg BT 218.33 161.80 Td (made ) Tj ET Q q 0 0 0 rg BT 244.44 161.80 Td (to ) Tj ET Q q 0 0 0 rg BT 255.30 161.80 Td (HMS ) Tj ET Q q 0 0 0 rg BT 280.93 161.80 Td (Adviser ) Tj ET Q q 0 0 0 rg BT 318.05 161.80 Td (\(and ) Tj ET Q q 0 0 0 rg BT 339.90 161.80 Td (by ) Tj ET Q q 0 0 0 rg BT 353.19 161.80 Td (HMS ) Tj ET Q q 0 0 0 rg BT 378.83 161.80 Td (Adviser ) Tj ET Q q 0 0 0 rg BT 415.95 161.80 Td (to ) Tj ET Q q 0 0 0 rg BT 426.80 161.80 Td (the ) Tj ET Q q 0 0 0 rg BT 442.54 161.80 Td (Sub-Adviser\) ) Tj ET Q q 0 0 0 rg BT 504.11 161.80 Td (not ) Tj ET Q q 0 0 0 rg BT 520.46 161.80 Td (later ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 90.00 146.60 Td (than ) Tj ET Q q 0 0 0 rg BT 111.69 146.60 Td (thirty ) Tj ET Q q 0 0 0 rg BT 138.27 146.60 Td (\(30\)days ) Tj ET Q q 0 0 0 rg BT 182.26 146.60 Td (after ) Tj ET Q q 0 0 0 rg BT 205.16 146.60 Td (the ) Tj ET Q q 0 0 0 rg BT 221.34 146.60 Td (termination ) Tj ET Q q 0 0 0 rg BT 274.80 146.60 Td (of ) Tj ET Q q 0 0 0 rg BT 286.72 146.60 Td (this ) Tj ET Q q 0 0 0 rg BT 304.75 146.60 Td (Agreement.) Tj ET Q endstream endobj 15 0 obj <> endobj 16 0 obj <> stream BT /F4 11.00 Tf ET q 0 0 0 rg BT 484.35 772.10 Td (Exhibit 10.1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 303.25 59.90 Td (4) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 712.40 Td (4. ) Tj ET Q BT /F2 11.00 Tf ET 0 0 0 RG /GS0 gs 1.05 w 0 i [] 0 d 1 J 1 j 3 M 90 710.678564453125 m 155.99462890625 710.678564453125 l s q 0 0 0 rg BT 90.00 712.40 Td (Miscellaneous) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 155.99 712.40 Td (.) Tj ET Q BT /F1 12.00 Tf ET q 0 0 0 rg BT 90.00 682.65 Td (\(a\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.32 682.65 Td ( ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 108 681.18369140625 m 149.54541015625 681.18369140625 l s q 0 0 0 rg BT 108.00 682.65 Td (Headings) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 149.55 682.65 Td (. ) Tj ET Q q 0 0 0 rg BT 154.83 682.65 Td (The ) Tj ET Q q 0 0 0 rg BT 174.66 682.65 Td (captions ) Tj ET Q q 0 0 0 rg BT 214.04 682.65 Td (of ) Tj ET Q q 0 0 0 rg BT 225.93 682.65 Td (this ) Tj ET Q q 0 0 0 rg BT 243.95 682.65 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 295.55 682.65 Td (are ) Tj ET Q q 0 0 0 rg BT 311.71 682.65 Td (included ) Tj ET Q q 0 0 0 rg BT 352.31 682.65 Td (for ) Tj ET Q q 0 0 0 rg BT 367.87 682.65 Td (convenience ) Tj ET Q q 0 0 0 rg BT 425.56 682.65 Td (only ) Tj ET Q q 0 0 0 rg BT 447.85 682.65 Td (and ) Tj ET Q q 0 0 0 rg BT 466.46 682.65 Td (in ) Tj ET Q q 0 0 0 rg BT 477.74 682.65 Td (no ) Tj ET Q q 0 0 0 rg BT 491.47 682.65 Td (way ) Tj ET Q q 0 0 0 rg BT 512.52 682.65 Td (define ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 667.45 Td (or ) Tj ET Q q 0 0 0 rg BT 119.91 667.45 Td (limit ) Tj ET Q q 0 0 0 rg BT 143.44 667.45 Td (any ) Tj ET Q q 0 0 0 rg BT 162.08 667.45 Td (of ) Tj ET Q q 0 0 0 rg BT 173.99 667.45 Td (the ) Tj ET Q q 0 0 0 rg BT 190.18 667.45 Td (provisions ) Tj ET Q q 0 0 0 rg BT 238.76 667.45 Td (hereof ) Tj ET Q q 0 0 0 rg BT 269.61 667.45 Td (or ) Tj ET Q q 0 0 0 rg BT 281.52 667.45 Td (otherwise ) Tj ET Q q 0 0 0 rg BT 327.03 667.45 Td (af) Tj ET Q q 0 0 0 rg BT 335.38 667.45 Td (fect ) Tj ET Q q 0 0 0 rg BT 354.61 667.45 Td (their ) Tj ET Q q 0 0 0 rg BT 377.52 667.45 Td (construction ) Tj ET Q q 0 0 0 rg BT 434.65 667.45 Td (or ) Tj ET Q q 0 0 0 rg BT 446.56 667.45 Td (ef) Tj ET Q q 0 0 0 rg BT 454.91 667.45 Td (fect.) Tj ET Q BT /F1 12.00 Tf ET q 0 0 0 rg BT 90.00 635.70 Td (\(b\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.99 635.70 Td ( ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 108 634.23369140625 m 167.86083984375 634.23369140625 l s q 0 0 0 rg BT 108.00 635.70 Td (Interpretation) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 167.86 635.70 Td (. ) Tj ET Q q 0 0 0 rg BT 173.24 635.70 Td (This ) Tj ET Q q 0 0 0 rg BT 195.01 635.70 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 246.72 635.70 Td (shall ) Tj ET Q q 0 0 0 rg BT 270.33 635.70 Td (be ) Tj ET Q q 0 0 0 rg BT 283.55 635.70 Td (governed ) Tj ET Q q 0 0 0 rg BT 327.32 635.70 Td (by ) Tj ET Q q 0 0 0 rg BT 341.16 635.70 Td (and ) Tj ET Q q 0 0 0 rg BT 359.88 635.70 Td (construed ) Tj ET Q q 0 0 0 rg BT 405.48 635.70 Td (in ) Tj ET Q q 0 0 0 rg BT 416.88 635.70 Td (accordance ) Tj ET Q q 0 0 0 rg BT 469.17 635.70 Td (with ) Tj ET Q q 0 0 0 rg BT 491.57 635.70 Td (the ) Tj ET Q q 0 0 0 rg BT 507.85 635.70 Td (laws ) Tj ET Q q 0 0 0 rg BT 530.85 635.70 Td (of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 620.55 Td (the ) Tj ET Q q 0 0 0 rg BT 123.30 620.55 Td (State ) Tj ET Q q 0 0 0 rg BT 147.15 620.55 Td (of ) Tj ET Q q 0 0 0 rg BT 158.03 620.55 Td (T) Tj ET Q q 0 0 0 rg BT 163.98 620.55 Td (exas ) Tj ET Q q 0 0 0 rg BT 185.39 620.55 Td (\(without ) Tj ET Q q 0 0 0 rg BT 224.52 620.55 Td (reference ) Tj ET Q q 0 0 0 rg BT 267.28 620.55 Td (to ) Tj ET Q q 0 0 0 rg BT 277.69 620.55 Td (its ) Tj ET Q q 0 0 0 rg BT 289.94 620.55 Td (conflicts ) Tj ET Q q 0 0 0 rg BT 329.67 620.55 Td (of ) Tj ET Q q 0 0 0 rg BT 340.69 620.55 Td (laws ) Tj ET Q q 0 0 0 rg BT 362.71 620.55 Td (provisions\) ) Tj ET Q q 0 0 0 rg BT 414.07 620.55 Td (and ) Tj ET Q q 0 0 0 rg BT 431.81 620.55 Td (the ) Tj ET Q q 0 0 0 rg BT 447.10 620.55 Td (applicable ) Tj ET Q q 0 0 0 rg BT 494.16 620.55 Td (provisions ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 605.35 Td (of ) Tj ET Q q 0 0 0 rg BT 119.30 605.35 Td (the ) Tj ET Q q 0 0 0 rg BT 134.87 605.35 Td (Investment ) Tj ET Q q 0 0 0 rg BT 185.89 605.35 Td (Company ) Tj ET Q q 0 0 0 rg BT 230.33 605.35 Td (Act ) Tj ET Q q 0 0 0 rg BT 248.35 605.35 Td (of ) Tj ET Q q 0 0 0 rg BT 259.65 605.35 Td (1940, ) Tj ET Q q 0 0 0 rg BT 286.53 605.35 Td (as ) Tj ET Q q 0 0 0 rg BT 297.83 605.35 Td (amended ) Tj ET Q q 0 0 0 rg BT 339.67 605.35 Td (\(the ) Tj ET Q q 0 0 0 rg BT 358.91 605.35 Td () Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 363.79052734375 603.88369140625 m 403.337890625 603.88369140625 l s q 0 0 0 rg BT 363.79 605.35 Td (1940 ) Tj ET Q q 0 0 0 rg BT 387.46 605.35 Td (Act) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 403.34 605.35 Td (\), ) Tj ET Q q 0 0 0 rg BT 416.77 605.35 Td (and ) Tj ET Q q 0 0 0 rg BT 434.79 605.35 Td (the ) Tj ET Q q 0 0 0 rg BT 450.36 605.35 Td (Investment ) Tj ET Q q 0 0 0 rg BT 500.90 605.35 Td (Advisers ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 590.20 Td (Act ) Tj ET Q q 0 0 0 rg BT 126.38 590.20 Td (of ) Tj ET Q q 0 0 0 rg BT 138.04 590.20 Td (1940, ) Tj ET Q q 0 0 0 rg BT 165.29 590.20 Td (as ) Tj ET Q q 0 0 0 rg BT 176.95 590.20 Td (amended ) Tj ET Q q 0 0 0 rg BT 219.16 590.20 Td (\(the ) Tj ET Q q 0 0 0 rg BT 238.76 590.20 Td () Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 243.6396484375 588.73369140625 m 300.576171875 588.73369140625 l s q 0 0 0 rg BT 243.64 590.20 Td (Advisers ) Tj ET Q q 0 0 0 rg BT 284.69 590.20 Td (Act) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 300.58 590.20 Td (\). ) Tj ET Q q 0 0 0 rg BT 314.19 590.20 Td (T) Tj ET Q q 0 0 0 rg BT 320.14 590.20 Td (o ) Tj ET Q q 0 0 0 rg BT 328.14 590.20 Td (the ) Tj ET Q q 0 0 0 rg BT 344.08 590.20 Td (extent ) Tj ET Q q 0 0 0 rg BT 373.45 590.20 Td (that ) Tj ET Q q 0 0 0 rg BT 392.45 590.20 Td (the ) Tj ET Q q 0 0 0 rg BT 408.38 590.20 Td (applicable ) Tj ET Q q 0 0 0 rg BT 456.08 590.20 Td (laws ) Tj ET Q q 0 0 0 rg BT 478.74 590.20 Td (of ) Tj ET Q q 0 0 0 rg BT 490.41 590.20 Td (the ) Tj ET Q q 0 0 0 rg BT 506.34 590.20 Td (State ) Tj ET Q q 0 0 0 rg BT 530.84 590.20 Td (of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 575.00 Td (T) Tj ET Q q 0 0 0 rg BT 113.95 575.00 Td (exas ) Tj ET Q q 0 0 0 rg BT 136.00 575.00 Td (or ) Tj ET Q q 0 0 0 rg BT 147.68 575.00 Td (any ) Tj ET Q q 0 0 0 rg BT 166.07 575.00 Td (of ) Tj ET Q q 0 0 0 rg BT 177.74 575.00 Td (the ) Tj ET Q q 0 0 0 rg BT 193.69 575.00 Td (provisions ) Tj ET Q q 0 0 0 rg BT 242.03 575.00 Td (herein, ) Tj ET Q q 0 0 0 rg BT 274.77 575.00 Td (conflict ) Tj ET Q q 0 0 0 rg BT 310.88 575.00 Td (with ) Tj ET Q q 0 0 0 rg BT 332.94 575.00 Td (the ) Tj ET Q q 0 0 0 rg BT 348.89 575.00 Td (applicable ) Tj ET Q q 0 0 0 rg BT 396.59 575.00 Td (provisions ) Tj ET Q q 0 0 0 rg BT 444.94 575.00 Td (of ) Tj ET Q q 0 0 0 rg BT 456.61 575.00 Td (the ) Tj ET Q q 0 0 0 rg BT 472.56 575.00 Td (1940 ) Tj ET Q q 0 0 0 rg BT 496.51 575.00 Td (Act ) Tj ET Q q 0 0 0 rg BT 514.90 575.00 Td (or ) Tj ET Q q 0 0 0 rg BT 526.57 575.00 Td (the ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 559.80 Td (Advisers ) Tj ET Q q 0 0 0 rg BT 149.37 559.80 Td (Act, ) Tj ET Q q 0 0 0 rg BT 170.90 559.80 Td (the ) Tj ET Q q 0 0 0 rg BT 187.23 559.80 Td (latter ) Tj ET Q q 0 0 0 rg BT 212.73 559.80 Td (shall ) Tj ET Q q 0 0 0 rg BT 236.40 559.80 Td (control. ) Tj ET Q q 0 0 0 rg BT 273.21 559.80 Td (Further) Tj ET Q q 0 0 0 rg BT 305.15 559.80 Td (, ) Tj ET Q q 0 0 0 rg BT 310.79 559.80 Td (nothing ) Tj ET Q q 0 0 0 rg BT 347.31 559.80 Td (herein ) Tj ET Q q 0 0 0 rg BT 377.69 559.80 Td (contained ) Tj ET Q q 0 0 0 rg BT 423.34 559.80 Td (shall ) Tj ET Q q 0 0 0 rg BT 447.02 559.80 Td (be ) Tj ET Q q 0 0 0 rg BT 460.30 559.80 Td (deemed ) Tj ET Q q 0 0 0 rg BT 497.40 559.80 Td (to ) Tj ET Q q 0 0 0 rg BT 508.85 559.80 Td (require ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 544.65 Td (the ) Tj ET Q q 0 0 0 rg BT 123.56 544.65 Td (Company ) Tj ET Q q 0 0 0 rg BT 168.46 544.65 Td (to ) Tj ET Q q 0 0 0 rg BT 179.14 544.65 Td (take ) Tj ET Q q 0 0 0 rg BT 199.58 544.65 Td (any ) Tj ET Q q 0 0 0 rg BT 217.59 544.65 Td (action ) Tj ET Q q 0 0 0 rg BT 246.59 544.65 Td (contrary ) Tj ET Q q 0 0 0 rg BT 285.36 544.65 Td (to ) Tj ET Q q 0 0 0 rg BT 296.04 544.65 Td (the ) Tj ET Q q 0 0 0 rg BT 311.60 544.65 Td (Company) Tj ET Q q 0 0 0 rg BT 357.43 544.65 Td (s ) Tj ET Q q 0 0 0 rg BT 363.37 544.65 Td (Articles ) Tj ET Q q 0 0 0 rg BT 400.31 544.65 Td (of ) Tj ET Q q 0 0 0 rg BT 411.13 544.65 Td (Amendment ) Tj ET Q q 0 0 0 rg BT 467.63 544.65 Td (and ) Tj ET Q q 0 0 0 rg BT 485.63 544.65 Td (Restatement ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 529.45 Td (or ) Tj ET Q q 0 0 0 rg BT 119.75 529.45 Td (the ) Tj ET Q q 0 0 0 rg BT 135.20 529.45 Td (Amended ) Tj ET Q q 0 0 0 rg BT 180.55 529.45 Td (and ) Tj ET Q q 0 0 0 rg BT 199.01 529.45 Td (Restated ) Tj ET Q q 0 0 0 rg BT 239.47 529.45 Td (Bylaws, ) Tj ET Q q 0 0 0 rg BT 277.81 529.45 Td (as ) Tj ET Q q 0 0 0 rg BT 289.55 529.45 Td (each ) Tj ET Q q 0 0 0 rg BT 312.28 529.45 Td (may ) Tj ET Q q 0 0 0 rg BT 333.81 529.45 Td (be ) Tj ET Q q 0 0 0 rg BT 346.77 529.45 Td (from ) Tj ET Q q 0 0 0 rg BT 370.74 529.45 Td (time ) Tj ET Q q 0 0 0 rg BT 392.87 529.45 Td (to ) Tj ET Q q 0 0 0 rg BT 404.01 529.45 Td (time ) Tj ET Q q 0 0 0 rg BT 426.15 529.45 Td (amended ) Tj ET Q q 0 0 0 rg BT 468.43 529.45 Td (or ) Tj ET Q q 0 0 0 rg BT 480.18 529.45 Td (restated, ) Tj ET Q q 0 0 0 rg BT 519.71 529.45 Td (or ) Tj ET Q q 0 0 0 rg BT 531.46 529.45 Td (to ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 514.30 Td (relieve ) Tj ET Q q 0 0 0 rg BT 139.61 514.30 Td (or ) Tj ET Q q 0 0 0 rg BT 150.46 514.30 Td (deprive ) Tj ET Q q 0 0 0 rg BT 185.12 514.30 Td (the ) Tj ET Q q 0 0 0 rg BT 200.25 514.30 Td (Company) Tj ET Q q 0 0 0 rg BT 246.08 514.30 Td (s ) Tj ET Q q 0 0 0 rg BT 252.05 514.30 Td (board ) Tj ET Q q 0 0 0 rg BT 278.78 514.30 Td (of ) Tj ET Q q 0 0 0 rg BT 289.62 514.30 Td (directors ) Tj ET Q q 0 0 0 rg BT 329.79 514.30 Td (of ) Tj ET Q q 0 0 0 rg BT 340.64 514.30 Td (its ) Tj ET Q q 0 0 0 rg BT 352.72 514.30 Td (responsibility ) Tj ET Q q 0 0 0 rg BT 414.29 514.30 Td (for ) Tj ET Q q 0 0 0 rg BT 428.80 514.30 Td (and ) Tj ET Q q 0 0 0 rg BT 446.37 514.30 Td (control ) Tj ET Q q 0 0 0 rg BT 479.21 514.30 Td (of ) Tj ET Q q 0 0 0 rg BT 490.06 514.30 Td (the ) Tj ET Q q 0 0 0 rg BT 505.19 514.30 Td (conduct ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 499.10 Td (of ) Tj ET Q q 0 0 0 rg BT 119.91 499.10 Td (the ) Tj ET Q q 0 0 0 rg BT 136.10 499.10 Td (af) Tj ET Q q 0 0 0 rg BT 144.45 499.10 Td (fairs ) Tj ET Q q 0 0 0 rg BT 166.74 499.10 Td (of ) Tj ET Q q 0 0 0 rg BT 178.66 499.10 Td (the ) Tj ET Q q 0 0 0 rg BT 194.85 499.10 Td (Company) Tj ET Q q 0 0 0 rg BT 236.91 499.10 Td (.) Tj ET Q BT /F1 12.00 Tf ET q 0 0 0 rg BT 90.00 467.35 Td (\(c\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.32 467.35 Td ( ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 108 465.88369140625 m 160.794921875 465.88369140625 l s q 0 0 0 rg BT 108.00 467.35 Td (Severability) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 160.44 467.35 Td (. ) Tj ET Q q 0 0 0 rg BT 166.14 467.35 Td (If ) Tj ET Q q 0 0 0 rg BT 176.42 467.35 Td (any ) Tj ET Q q 0 0 0 rg BT 195.26 467.35 Td (provision ) Tj ET Q q 0 0 0 rg BT 239.77 467.35 Td (of ) Tj ET Q q 0 0 0 rg BT 251.89 467.35 Td (this ) Tj ET Q q 0 0 0 rg BT 270.08 467.35 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 321.90 467.35 Td (shall ) Tj ET Q q 0 0 0 rg BT 345.63 467.35 Td (be ) Tj ET Q q 0 0 0 rg BT 358.97 467.35 Td (held ) Tj ET Q q 0 0 0 rg BT 380.86 467.35 Td (or ) Tj ET Q q 0 0 0 rg BT 392.98 467.35 Td (made ) Tj ET Q q 0 0 0 rg BT 419.75 467.35 Td (invalid ) Tj ET Q q 0 0 0 rg BT 453.26 467.35 Td (by ) Tj ET Q q 0 0 0 rg BT 467.21 467.35 Td (a ) Tj ET Q q 0 0 0 rg BT 475.05 467.35 Td (court ) Tj ET Q q 0 0 0 rg BT 500.60 467.35 Td (decision, ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 452.20 Td (statute, ) Tj ET Q q 0 0 0 rg BT 142.02 452.20 Td (rule ) Tj ET Q q 0 0 0 rg BT 161.68 452.20 Td (or ) Tj ET Q q 0 0 0 rg BT 173.39 452.20 Td (otherwise, ) Tj ET Q q 0 0 0 rg BT 221.46 452.20 Td (the ) Tj ET Q q 0 0 0 rg BT 237.46 452.20 Td (remainder ) Tj ET Q q 0 0 0 rg BT 284.60 452.20 Td (of ) Tj ET Q q 0 0 0 rg BT 296.32 452.20 Td (this ) Tj ET Q q 0 0 0 rg BT 314.20 452.20 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 365.62 452.20 Td (shall ) Tj ET Q q 0 0 0 rg BT 388.95 452.20 Td (not ) Tj ET Q q 0 0 0 rg BT 405.56 452.20 Td (be ) Tj ET Q q 0 0 0 rg BT 418.50 452.20 Td (af) Tj ET Q q 0 0 0 rg BT 426.85 452.20 Td (fected ) Tj ET Q q 0 0 0 rg BT 456.27 452.20 Td (thereby ) Tj ET Q q 0 0 0 rg BT 491.81 452.20 Td (and, ) Tj ET Q q 0 0 0 rg BT 513.00 452.20 Td (to ) Tj ET Q q 0 0 0 rg BT 524.11 452.20 Td (this ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 437.00 Td (extent, ) Tj ET Q q 0 0 0 rg BT 140.38 437.00 Td (the ) Tj ET Q q 0 0 0 rg BT 156.57 437.00 Td (provisions ) Tj ET Q q 0 0 0 rg BT 205.15 437.00 Td (of ) Tj ET Q q 0 0 0 rg BT 217.07 437.00 Td (this ) Tj ET Q q 0 0 0 rg BT 235.10 437.00 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 286.72 437.00 Td (shall ) Tj ET Q q 0 0 0 rg BT 310.24 437.00 Td (be ) Tj ET Q q 0 0 0 rg BT 323.38 437.00 Td (deemed ) Tj ET Q q 0 0 0 rg BT 360.33 437.00 Td (to ) Tj ET Q q 0 0 0 rg BT 371.63 437.00 Td (be ) Tj ET Q q 0 0 0 rg BT 384.77 437.00 Td (severable.) Tj ET Q BT /F1 12.00 Tf ET q 0 0 0 rg BT 90.00 405.25 Td (\(d\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.99 405.25 Td ( ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 108 403.78369140625 m 185.63623046875 403.78369140625 l s q 0 0 0 rg BT 108.00 405.25 Td (Entire ) Tj ET Q q 0 0 0 rg BT 136.77 405.25 Td (Agreement) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 185.64 405.25 Td (. ) Tj ET Q q 0 0 0 rg BT 190.64 405.25 Td (This ) Tj ET Q q 0 0 0 rg BT 212.09 405.25 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 263.38 405.25 Td (embodies ) Tj ET Q q 0 0 0 rg BT 307.97 405.25 Td (the ) Tj ET Q q 0 0 0 rg BT 323.84 405.25 Td (entire ) Tj ET Q q 0 0 0 rg BT 351.31 405.25 Td (agreement ) Tj ET Q q 0 0 0 rg BT 399.54 405.25 Td (and ) Tj ET Q q 0 0 0 rg BT 417.85 405.25 Td (understanding ) Tj ET Q q 0 0 0 rg BT 482.60 405.25 Td (of ) Tj ET Q q 0 0 0 rg BT 494.20 405.25 Td (the ) Tj ET Q q 0 0 0 rg BT 510.06 405.25 Td (Parties ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 390.10 Td (hereto, ) Tj ET Q q 0 0 0 rg BT 140.26 390.10 Td (and ) Tj ET Q q 0 0 0 rg BT 158.17 390.10 Td (supersedes ) Tj ET Q q 0 0 0 rg BT 207.85 390.10 Td (all ) Tj ET Q q 0 0 0 rg BT 220.88 390.10 Td (prior ) Tj ET Q q 0 0 0 rg BT 244.29 390.10 Td (agreements ) Tj ET Q q 0 0 0 rg BT 296.40 390.10 Td (or ) Tj ET Q q 0 0 0 rg BT 307.60 390.10 Td (understandings ) Tj ET Q q 0 0 0 rg BT 376.23 390.10 Td (\(whether ) Tj ET Q q 0 0 0 rg BT 417.35 390.10 Td (written ) Tj ET Q q 0 0 0 rg BT 450.53 390.10 Td (or ) Tj ET Q q 0 0 0 rg BT 461.72 390.10 Td (oral\), ) Tj ET Q q 0 0 0 rg BT 487.27 390.10 Td (with ) Tj ET Q q 0 0 0 rg BT 508.85 390.10 Td (respect ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 374.90 Td (to ) Tj ET Q q 0 0 0 rg BT 119.31 374.90 Td (the ) Tj ET Q q 0 0 0 rg BT 135.49 374.90 Td (subject ) Tj ET Q q 0 0 0 rg BT 169.40 374.90 Td (matter ) Tj ET Q q 0 0 0 rg BT 200.25 374.90 Td (hereof.) Tj ET Q BT /F1 12.00 Tf ET q 0 0 0 rg BT 90.00 343.15 Td (\(e\)) Tj ET Q BT /F1 10.00 Tf ET q 0 0 0 rg BT 103.32 343.15 Td ( ) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 108 341.68369140625 m 245.26904296875 341.68369140625 l s q 0 0 0 rg BT 108.00 343.15 Td (Amendments ) Tj ET Q q 0 0 0 rg BT 169.61 343.15 Td (and ) Tj ET Q q 0 0 0 rg BT 188.45 343.15 Td (Counterparts) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 245.27 343.15 Td (. ) Tj ET Q q 0 0 0 rg BT 250.76 343.15 Td (This ) Tj ET Q q 0 0 0 rg BT 272.62 343.15 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 324.44 343.15 Td (may ) Tj ET Q q 0 0 0 rg BT 346.33 343.15 Td (only ) Tj ET Q q 0 0 0 rg BT 368.84 343.15 Td (be ) Tj ET Q q 0 0 0 rg BT 382.18 343.15 Td (amended ) Tj ET Q q 0 0 0 rg BT 424.83 343.15 Td (by ) Tj ET Q q 0 0 0 rg BT 438.79 343.15 Td (mutual ) Tj ET Q q 0 0 0 rg BT 472.29 343.15 Td (written ) Tj ET Q q 0 0 0 rg BT 506.41 343.15 Td (consent ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 328.00 Td (of ) Tj ET Q q 0 0 0 rg BT 119.62 328.00 Td (the ) Tj ET Q q 0 0 0 rg BT 135.52 328.00 Td (Parties. ) Tj ET Q q 0 0 0 rg BT 170.48 328.00 Td (This ) Tj ET Q q 0 0 0 rg BT 191.96 328.00 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 243.28 328.00 Td (may ) Tj ET Q q 0 0 0 rg BT 264.68 328.00 Td (be ) Tj ET Q q 0 0 0 rg BT 277.52 328.00 Td (executed ) Tj ET Q q 0 0 0 rg BT 319.06 328.00 Td (in ) Tj ET Q q 0 0 0 rg BT 330.07 328.00 Td (any ) Tj ET Q q 0 0 0 rg BT 348.41 328.00 Td (number ) Tj ET Q q 0 0 0 rg BT 384.47 328.00 Td (of ) Tj ET Q q 0 0 0 rg BT 396.09 328.00 Td (counterparts, ) Tj ET Q q 0 0 0 rg BT 455.67 328.00 Td (each ) Tj ET Q q 0 0 0 rg BT 478.27 328.00 Td (of ) Tj ET Q q 0 0 0 rg BT 489.89 328.00 Td (which ) Tj ET Q q 0 0 0 rg BT 519.23 328.00 Td (shall ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 108.00 312.80 Td (be ) Tj ET Q q 0 0 0 rg BT 120.37 312.80 Td (deemed ) Tj ET Q q 0 0 0 rg BT 156.57 312.80 Td (to ) Tj ET Q q 0 0 0 rg BT 167.11 312.80 Td (be ) Tj ET Q q 0 0 0 rg BT 179.48 312.80 Td (an ) Tj ET Q q 0 0 0 rg BT 191.86 312.80 Td (original, ) Tj ET Q q 0 0 0 rg BT 230.81 312.80 Td (and ) Tj ET Q q 0 0 0 rg BT 248.68 312.80 Td (all ) Tj ET Q q 0 0 0 rg BT 261.67 312.80 Td (such ) Tj ET Q q 0 0 0 rg BT 283.82 312.80 Td (counterparts ) Tj ET Q q 0 0 0 rg BT 340.18 312.80 Td (shall, ) Tj ET Q q 0 0 0 rg BT 365.69 312.80 Td (together) Tj ET Q q 0 0 0 rg BT 401.29 312.80 Td (, ) Tj ET Q q 0 0 0 rg BT 406.03 312.80 Td (constitute ) Tj ET Q q 0 0 0 rg BT 450.79 312.80 Td (only ) Tj ET Q q 0 0 0 rg BT 472.34 312.80 Td (one ) Tj ET Q q 0 0 0 rg BT 490.21 312.80 Td (instrument.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 245.85 284.40 Td ([) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 249.51 284.40 Td (Signatur) Tj ET Q q 0 0 0 rg BT 287.00 284.40 Td (e Page to Follow) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 362.46 284.40 Td (]) Tj ET Q endstream endobj 17 0 obj <> endobj 18 0 obj <> stream BT /F4 11.00 Tf ET q 0 0 0 rg BT 484.35 772.10 Td (Exhibit 10.1) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 101.25 59.90 Td ([) Tj ET Q BT /F3 11.00 Tf ET q 0 0 0 rg BT 104.91 59.90 Td (Signatur) Tj ET Q q 0 0 0 rg BT 142.40 59.90 Td (e Page to First Quarter 2018 Conditional Income Incentive Fee W) Tj ET Q q 0 0 0 rg BT 434.65 59.90 Td (aiver ) Tj ET Q q 0 0 0 rg BT 459.80 59.90 Td (Agr) Tj ET Q q 0 0 0 rg BT 475.89 59.90 Td (eement) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 507.04 59.90 Td (]) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 108.00 712.60 Td (IN ) Tj ET Q q 0 0 0 rg BT 123.26 712.60 Td (WITNESS ) Tj ET Q q 0 0 0 rg BT 176.43 712.60 Td (WHEREOF) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 233.88 712.60 Td (, ) Tj ET Q q 0 0 0 rg BT 239.90 712.60 Td (the ) Tj ET Q q 0 0 0 rg BT 256.61 712.60 Td (Parties ) Tj ET Q q 0 0 0 rg BT 289.82 712.60 Td (have ) Tj ET Q q 0 0 0 rg BT 313.86 712.60 Td (caused ) Tj ET Q q 0 0 0 rg BT 347.06 712.60 Td (this ) Tj ET Q q 0 0 0 rg BT 366.23 712.60 Td (First ) Tj ET Q q 0 0 0 rg BT 389.67 712.60 Td (Quarter ) Tj ET Q q 0 0 0 rg BT 426.54 712.60 Td (2018 ) Tj ET Q q 0 0 0 rg BT 451.81 712.60 Td (Conditional ) Tj ET Q q 0 0 0 rg BT 507.02 712.60 Td (Income ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 697.40 Td (Incentive ) Tj ET Q q 0 0 0 rg BT 116.01 697.40 Td (Fee ) Tj ET Q q 0 0 0 rg BT 134.76 697.40 Td (W) Tj ET Q q 0 0 0 rg BT 144.27 697.40 Td (aiver ) Tj ET Q q 0 0 0 rg BT 168.66 697.40 Td (Agreement ) Tj ET Q q 0 0 0 rg BT 220.62 697.40 Td (to ) Tj ET Q q 0 0 0 rg BT 232.26 697.40 Td (be ) Tj ET Q q 0 0 0 rg BT 245.74 697.40 Td (signed ) Tj ET Q q 0 0 0 rg BT 277.55 697.40 Td (by ) Tj ET Q q 0 0 0 rg BT 291.64 697.40 Td (their ) Tj ET Q q 0 0 0 rg BT 314.89 697.40 Td (respective ) Tj ET Q q 0 0 0 rg BT 362.56 697.40 Td (of) Tj ET Q q 0 0 0 rg BT 371.53 697.40 Td (ficers ) Tj ET Q q 0 0 0 rg BT 399.05 697.40 Td (thereunto ) Tj ET Q q 0 0 0 rg BT 443.68 697.40 Td (duly ) Tj ET Q q 0 0 0 rg BT 466.33 697.40 Td (authorized, ) Tj ET Q q 0 0 0 rg BT 518.59 697.40 Td (as ) Tj ET Q q 0 0 0 rg BT 530.84 697.40 Td (of ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 682.20 Td (the ) Tj ET Q q 0 0 0 rg BT 88.19 682.20 Td (day ) Tj ET Q q 0 0 0 rg BT 106.82 682.20 Td (and ) Tj ET Q q 0 0 0 rg BT 125.45 682.20 Td (year ) Tj ET Q q 0 0 0 rg BT 147.13 682.20 Td (first ) Tj ET Q q 0 0 0 rg BT 167.60 682.20 Td (above ) Tj ET Q q 0 0 0 rg BT 196.61 682.20 Td (written.) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 288.00 632.60 Td (COMP) Tj ET Q q 0 0 0 rg BT 320.79 632.60 Td (ANY) Tj ET Q q 0 0 0 rg BT 343.61 632.60 Td (:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 288.00 606.20 Td (HMS INCOME FUND, INC.) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 579.80 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 288.00 566.60 Td (By:) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 306.64306640625 565.13369140625 m 504 565.13369140625 l s q 0 0 0 rg BT 306.64 566.60 Td (/s/ David M. Covington ) Tj ET Q q 0 0 0 rg BT 432.00 566.60 Td ( ) Tj ET Q q 0 0 0 rg BT 468.00 566.60 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 504.00 566.60 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 288.00 553.40 Td (Name: David M. Covington) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 288.00 540.20 Td (T) Tj ET Q q 0 0 0 rg BT 294.33 540.20 Td (itle: Chief ) Tj ET Q q 0 0 0 rg BT 340.77 540.20 Td (Accounting Of) Tj ET Q q 0 0 0 rg BT 406.25 540.20 Td (ficer and ) Tj ET Q q 0 0 0 rg BT 447.58 540.20 Td (T) Tj ET Q q 0 0 0 rg BT 453.91 540.20 Td (reasurer) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 72.00 527.00 Td () Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 288.00 513.80 Td (HMS ) Tj ET Q q 0 0 0 rg BT 315.20 513.80 Td (ADVISER:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 288.00 487.40 Td (HMS ) Tj ET Q q 0 0 0 rg BT 313.99 487.40 Td (ADVISER LP) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 288.00 461.00 Td (By: HMS ) Tj ET Q q 0 0 0 rg BT 332.63 461.00 Td (ADVISER GP) Tj ET Q q 0 0 0 rg BT 395.89 461.00 Td (, LLC, its general partner) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 434.60 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 288.00 421.40 Td (By:) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 306.64306640625 419.93369140625 m 504 419.93369140625 l s q 0 0 0 rg BT 306.64 421.40 Td (/s/ David M. Covington ) Tj ET Q q 0 0 0 rg BT 432.00 421.40 Td ( ) Tj ET Q q 0 0 0 rg BT 468.00 421.40 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 504.00 421.40 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 288.00 408.20 Td (Name: David M. Covington) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 288.00 395.00 Td (T) Tj ET Q q 0 0 0 rg BT 294.33 395.00 Td (itle: Chief ) Tj ET Q q 0 0 0 rg BT 340.77 395.00 Td (Accounting Of) Tj ET Q q 0 0 0 rg BT 406.25 395.00 Td (ficer and ) Tj ET Q q 0 0 0 rg BT 447.58 395.00 Td (T) Tj ET Q q 0 0 0 rg BT 453.91 395.00 Td (reasurer) Tj ET Q BT /F2 11.00 Tf ET q 0 0 0 rg BT 288.00 368.60 Td (SUB-ADVISER:) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 355.40 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 288.00 342.20 Td (MSC ) Tj ET Q q 0 0 0 rg BT 313.38 342.20 Td (Adviser I, LLC) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 72.00 315.80 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 288.00 302.60 Td (By:) Tj ET Q BT /F1 11.00 Tf ET 0 0 0 RG /GS0 gs 0.54 w 0 i [] 0 d 1 J 1 j 3 M 306.64306640625 301.13369140625 m 504 301.13369140625 l s q 0 0 0 rg BT 306.64 302.60 Td (/s/ Jason B. Beauvais ) Tj ET Q q 0 0 0 rg BT 432.00 302.60 Td ( ) Tj ET Q q 0 0 0 rg BT 468.00 302.60 Td ( ) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 504.00 302.60 Td () Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 288.00 289.40 Td (Name: Jason B. Beauvais) Tj ET Q BT /F1 11.00 Tf ET q 0 0 0 rg BT 288.00 276.20 Td (T) Tj ET Q q 0 0 0 rg BT 294.33 276.20 Td (itle: Senior ) Tj ET Q q 0 0 0 rg BT 345.46 276.20 Td (V) Tj ET Q q 0 0 0 rg BT 352.74 276.20 Td (ice President) Tj ET Q endstream endobj 19 0 obj <> /View <>>>>> endobj 20 0 obj <> /View <>>>>> endobj 21 0 obj <> endobj 22 0 obj <> stream xy\E7~n{{w'd'52 HaGPPA!"" b-&h,+TLy?:uk?uΩoH""?W~.Xv3&rm 2\jMgwm'CڴzlycǏ\ rBjx\DsV@{twocmC{Iwl11z:1m!t-\q3D.:yz'Wɨp[_F=>E"ǢӦ/|K&_~=!wn-az3¦h$7,ؑ2Oo_eSFLlk}Fg[F>|;