Company: SRV
Filing Date: 2025-03-10
Form Type: PRE 14A
Source: 0001398344-25-005333
Chunk: 47

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-03-10
Form: PRE 14A
Chunk 47
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) employ
professional portfolio managers and securities analysts who provide research services to the Fund; and (vii) make decisions with respect
to the use by the Fund of borrowing for leverage or other investment purposes. The Investment Adviser will in general take such action
as is appropriate to effectively manage the Fund’s investment practices. In addition:

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(1) The Investment Adviser will maintain
and preserve the records specified in Section 12 of this Agreement and any other records related to the Fund’s transactions as are
required under any applicable state or federal securities law or regulation including the 1940 Act, the 1934 Act, and the Advisers Act.

(2) The Investment Adviser will comply
with any procedures provided from time to time to the Investment Adviser by the Fund. The Investment Adviser will notify the Fund as soon
as reasonably practicable upon detection of any material breach of such procedures.

(3) The Investment Adviser will maintain
a written code of ethics (the “Code of Ethics”) pursuant to Rule 17j-1 under the 1940 Act, a copy of which will be provided
to the Fund, and will institute procedures reasonably necessary to prevent Access Persons (as defined in Rule 17j-1) from violating its
Code of Ethics. The Investment Adviser will follow such Code of Ethics in performing its services under this Agreement.

(4) The Investment Adviser will manage
the Fund’s assets in accordance with the Fund’s investment objective and policies as adopted by the Fund from time to time.
The Investment Adviser also will manage the investments of the Fund in a manner consistent with any and all applicable investment restrictions
(including diversification requirements) contained in the 1940 Act and the rules under the 1940 Act, any SEC order issued to the Fund,
and any applicable state securities law or regulation. The Investment Adviser will process and respond to class action lawsuits relating
to the portfolio securities of the Fund and any proceeds to the Fund from such lawsuits.

3. Information and Reports

(a) The Investment Adviser will keep the Fund informed
of developments relating to the Investment Adviser’s duties as investment adviser of which the Investment Adviser has, or should
have, knowledge that would materially affect the Fund. In this regard, the Investment Adviser will provide the Fund and its officers with
such periodic reports concerning the obligations the Investment Adviser has assumed under this Agreement as the Fund may from time to
time reasonably request. The Investment