Company: SRV
Filing Date: 2025-03-10
Form Type: PRE 14A
Source: 0001398344-25-005333
Chunk: 68

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-03-10
Form: PRE 14A
Chunk 68
---
 will be deemed to require the Fund
to take any action contrary to the Fund s Amended and Restated Agreement and Declaration of Trust or By-laws, as they may be amended and/or
restated from time to time, or any applicable statute or regulation, or to relieve or deprive the Board of Trustees of its responsibility
for and control of the conduct of the affairs of the Fund.

| 14. | Survival |

All representations and warranties made by the Investment Adviser and the
Fund in this Agreement will survive for the duration of this Agreement and the parties to this Agreement will notify each other in writing
immediately upon becoming aware, but in no event later than five (5) days after becoming aware, that any of the foregoing representations
and warranties are no longer true.

| 15. | Governing Law |

This Agreement will be governed by, construed under and interpreted and
enforced in accordance with the laws of the state of New York, without regard to principles of conflicts of laws.

| 16. | Severability |

If any provision of this Agreement is held or made invalid by a court decision,
statute, rule, or otherwise, the remainder of this Agreement will not be affected as a result. As used in this Agreement, terms will have
the same meaning as such terms have in the 1940 Act. In the event that the effect of a requirement of the federal securities laws reflected
in any provision of this Agreement is made less restrictive by a rule, regulation or order of the SEC, whether of special or general application,
such provision may be deemed to incorporate the effect of such rule, regulation or order. This Agreement may be signed in counterpart.

| 17. | Definitions |

The terms “assignment,” “affiliated person,” and
“interested person,” when used in this Agreement, will have the respective meanings specified in Section 2(a) of the 1940
Act and the rules under the 1940 Act. The term “majority of the outstanding shares” as used in this Agreement means the lesser
of (a) sixty-seven percent (67%) or more of the voting shares present at a meeting if more than fifty percent (50%) of these voting shares
are present or represented by proxy, or (b) more than fifty percent (50%) of the outstanding voting shares.

| 18. | Limitation of Liability of the Fund and the Shareholders |

None of the Trustees, officers, agents or shareholders of the Fund will
be personally