Company: SRV
Filing Date: 2025-03-10
Form Type: PRE 14A
Source: 0001398344-25-005333
Chunk: 51

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-03-10
Form: PRE 14A
Chunk 51
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 the Effective Date (defined in Section 10(a)) of this Agreement to the end of the month
during which the Effective Date occurs will be prorated according to the proportion that such period bears to the full monthly period.
Upon any termination of this Agreement before the end of a month, the management fee for such part of that month will be prorated according
to the proportion that such period bears to the full monthly period and will be payable upon the date of termination of this Agreement.
For the purpose of determining management fees payable to the Investment Adviser, the value of the Fund’s Managed Assets will be
computed at the times and in the manner specified from time to time by the Board of Trustees.

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7. Expenses

(a) . Except as may otherwise
be provided in Section 7(b) of this Agreement, the Investment Adviser will: (i) provide the staff and personnel necessary to perform its
obligations under this Agreement, assume and pay or cause to be paid all expenses incurred in connection with the maintenance of such
staff and personnel, and, at its own expense, provide the office space, facilities, equipment and necessary personnel that it is obligated
to provide under this Agreement; and (ii) pay, or cause affiliates to pay, compensation of all officers of the Fund and all Trustees of
the Fund who are “interested persons” of the Fund (as defined in the 1940 Act).

(b) . The Fund will bear all other
expenses to be incurred in its operation, including, but not limited to: (i) interest and taxes; (ii) brokerage commissions and other
costs in connection with the purchase or sale of securities and other investment instruments; (iii) fees and expenses of the Fund’s
trustees who are not “interested persons” of the Fund, including reimbursement for all of their out-of-pocket expenses related
to attendance at Board of Trustees or committee meetings; (iv) legal and audit expenses; (v) custodian, administrative, fund accounting,
registrar, transfer agent and dividend disbursing agent fees and expenses; (vi) fees and expenses related to the registration and qualification
of the Fund and the Fund’s shares for distribution under state and federal securities laws; (vii) expenses of printing and mailing
reports and notices and proxy material to shareholders of the Fund; (viii) all other expenses incidental to holding meetings of the Fund’s
shareholders, including proxy solicitations in connection with such meetings;