Company: CHY
Filing Date: 2025-02-24
Form Type: 424B5
Source: 0001104659-25-016491
Chunk: 11

Company: CALAMOS CONVERTIBLE & HIGH INCOME FUND
Filing Date: 2025-02-24
Form: 424B5
Chunk 11
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 time, through the Sub-Placement Agent, as sub-placement agent for the offer and sale of the common shares. In accordance with the terms of the Sub-Placement Agent Agreement, the Sub-Placement Agent will use its reasonable best efforts to sell the common shares. The Sub-Placement Agent will provide written confirmation to the Distributor following the close of trading on the day on which common shares are sold under the Sub-Placement Agent Agreement. Each confirmation will include the number of shares sold on the preceding day, the time of sale, the gross sales price per each common share sold and the compensation payable by the Distributor to the Sub-Placement Agent in connection with the sales. The Fund will compensate the Distributor with respect to sales of the common shares at a commission rate of 1.00% of the gross proceeds of the sale of common shares. The Distributor will compensate the Sub-Placement Agent for its services in acting as sub-placement agent in the sale of common shares out of this commission at a rate 0.80% of the gross proceeds of the sale of common shares sold under the Sub-Placement Agent Agreement. There is no guarantee that there will be any sales of the common shares pursuant to this prospectus supplement and the accompanying prospectus. Calamos will pay the expenses of the offering (other than the applicable commissions, which will be paid by the Fund) subject to the reimbursement provision set forth in the Summary of Fund Expenses section of this prospectus supplement. Settlement for sales of common shares will occur on the first trading day following the date on which such sales are made, unless otherwise agreed to in writing by the Fund, the Distributor and the Sub-Placement Agent, in return for payment of the net proceeds to the Fund. There is no arrangement for funds to be received in an escrow, trust or similar arrangement. In connection with the sale of the common shares on the Fund's behalf, the Distributor may be deemed to be an "underwriter" within the meaning of the 1933 Act, and the compensation of the Distributor may be deemed to be underwriting commissions or discounts. The Distributor has agreed to provide indemnification and contribution to the Sub-Placement Agent and Fund against certain civil liabilities, including liabilities under the 1933 Act, under the Sub-Placement Agent Agreement and Distribution Agreement, respectively. The Fund has agreed to provide indemnification and contribution to the Distributor against certain civil liabilities, including liabilities under the 1933 Act, under the Distribution Agreement. The offering of the common