Company: SRV
Filing Date: 2025-11-17
Form Type: 424B2
Source: 0001398344-25-021029
Chunk: 37

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-11-17
Form: 424B2
Chunk 37
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 and the Code in the context of the Plan’s particular circumstances before making any
decision regarding the exercise or other disposition (and in the case of any transferee, the acquisition) of Rights, and any investment
in Common Shares as a consequence thereof. Under ERISA and the Code, any person who exercises any discretionary authority or control over
the administration of a Plan or the management or disposition of the assets of a Plan, or who renders investment advice for a fee or other
compensation to a Plan, is generally considered to be a fiduciary of the Plan. Accordingly, among other factors, the fiduciary should
consider whether the exercise or transfer of Rights and any investment in Common Shares would satisfy the prudence, diversification and
conflicts of interests requirements of ERISA, to the extent applicable, and would be consistent with its fiduciary responsibilities, and
the documents and instruments governing the Plan.

To the extent the Fund, the Investment Adviser or certain
of their respective affiliates or other parties involved with the Offer, or in the case of a transfer of Rights, the transferee, might
be considered a “party in interest” or a “disqualified person” with respect to a Plan, prohibited transactions
may arise under ERISA and/or Section 4975 of the Code in connection with exercises or transfers of Rights unless made pursuant to
an available statutory, regulatory, individual or class exemption. In this regard the U.S. Department of Labor has issued prohibited transaction
class exemptions that may apply. These exemptions include transactions effected on behalf of a Plan by a “qualified professional
asset manager” (prohibited transaction exemption 84-14) or an “in-house asset manager” (prohibited transaction exemption
96-23), transactions involving insurance company general accounts (prohibited transaction exemption 95-60), transactions involving insurance
company pooled separate accounts (prohibited transaction exemption 90-1), and transactions involving bank collective investment funds
(prohibited transaction exemption 91-38). In addition, Section 408(b)(17) of ERISA and Section 4975(d)(20) of the Code provide
relief from the prohibited transaction provisions of ERISA and Section 4975 of the Code for certain transactions, provided that neither
the issuer of the securities nor any of its affiliates (directly or indirectly) have or exercise any discretionary authority or control
or render any investment advice with respect to the assets of any Plan involved in the transaction and provided further that the Plan
rece