Company: SRV
Filing Date: 2025-11-17
Form Type: 424B2
Source: 0001398344-25-021029
Chunk: 38

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-11-17
Form: 424B2
Chunk 38
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ives no less and pays no more than “adequate consideration” (within the meaning of Section 408(b)(17) of ERISA and
Section 4975(f)(10) of the Code). There can be no assurance that any of the above exemptions or any other exemption would apply,
or that all of the conditions of any such exemptions would be satisfied, with respect to all otherwise prohibited transactions involving
Rights or any Common Shares obtained pursuant to any Rights.

| S-22 |

Governmental plans, certain church plans and non-U.S.
plans may not be subject to the prohibited transaction provisions of ERISA or the Code but may be subject to similar laws (“Similar
Laws”). Fiduciaries of any such plans should consult with counsel before exercise or transfer of Rights.

Because of the foregoing, the person making the decision
(the “fiduciary”) on behalf of a Plan or a governmental, church or foreign plan will be deemed to represent on behalf of itself
and the Plan that the exercise or other disposition (and in the case of any transferee, the acquisition) of the Rights (and the investment
in Common Shares pursuant to any exercise) will not result in a non-exempt prohibited transaction under ERISA or Section 4975 of
the Code or any applicable Similar Law. In addition, the fiduciary making any decision on behalf of a Plan to exercise, acquire or transfer
Rights will be deemed to have represented, warranted and acknowledged that neither the Fund nor the Investment Adviser, nor any of their
respective affiliates, representatives or agents has provided or will provide advice in a fiduciary capacity with respect to the exercise,
acquisition or disposition of Rights by the Plan, unless an exception applies permitting such status.

Due to the complexity of these rules and the penalties
for non-compliance, Plans should consult with their counsel regarding the consequences of their exercise, acquisition or transfer of Rights
under ERISA and the Code or any applicable Similar Law. Each holder of Rights has the exclusive responsibility for ensuring that its acquisition,
exercise or other disposition of the Rights, as applicable, does not violate the fiduciary or prohibited transaction rules of ERISA, the
Code or any applicable Similar Laws. The provision of this offering memorandum and the provision of any Rights to, or the transfer of
Common Shares to a Plan pursuant to the exercise of Rights by, a Plan is in no respect a representation or recommendation by the Fund,
the Investment Adviser or of their respective affiliates, representatives or agents that