Company: JPC
Filing Date: 2025-06-10
Form Type: N-14 8C/A
Source: 0001999371-25-007489
Chunk: 257

Company: Nuveen Preferred & Income Opportunities Fund
Filing Date: 2025-06-10
Form: N-14 8C/A
Chunk 257
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Expenses of preparation and
presentation of a defense to any claim, action, suit or proceeding subject to a claim for indemnification under this Section 4 shall be
advanced by the Trust prior to final disposition thereof upon receipt of an undertaking by or on behalf of the recipient to repay such
amount if it is ultimately determined that he is not entitled to indemnification under this Section 4, provided that either:

(a) such
undertaking is secured by a surety bond or some other appropriate security or the Trust shall be insured against losses arising out of
any such advances; or

(b) a
majority of the Disinterested Trustees acting on the matter (provided that a majority of the Disinterested Trustees then in office act
on the matter) or independent legal counsel in a written opinion shall determine, based upon a review of the readily available facts (as
opposed to a full trial-type inquiry), that there is reason to believe that the recipient ultimately will be found entitled to indemnification.

As used in this Section 4,
a “Disinterested Trustee” is one (x) who is not an Interested Person of the Trust (including, as such Disinterested Trustee,
anyone who has been exempted from being an Interested Person by any rule, regulation or order of the Commission), and (y) against whom
none of such actions, suits or other proceedings or another action, suit or other proceeding on the same or similar grounds is then or
has been pending.

As used in this Section 4,
the words “claim,” “action,” “suit” or “proceeding” shall apply to all claims, actions,
suits, proceedings (civil, criminal, administrative or other, including appeals), actual or threatened; and the word “liability”
and “expenses” shall include without limitation, attorneys’ fees, costs, judgments, amounts paid in settlement, fines,
penalties and other liabilities.

The trustees and officers
of the Registrant are covered by joint errors and omissions insurance policies against liability and expenses of claims of wrongful acts
arising out of their position with the Registrant and other Nuveen funds, subject to such policies’ coverage limits, exclusions
and retention.

Insofar as the indemnification
for liabilities arising under the Securities Act of 1933, as amended, (the “1933 Act”) may be permitted to the officers, trustees
or controlling persons of the Registrant pursuant to the Declaration of Trust of the Registrant or otherwise