Company: SRV
Filing Date: 2025-03-10
Form Type: PRE 14A
Source: 0001398344-25-005333
Chunk: 53

Company: NXG Cushing Midstream Energy Fund
Filing Date: 2025-03-10
Form: PRE 14A
Chunk 53
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 way limit or restrict the Investment Adviser
or any of its affiliates, principals, officers, employees, or agents from buying, selling or trading any securities or other investment
instruments for its or their own account or for the account of others for whom it or they may be acting, so long as such activities do
not adversely affect or otherwise impair the performance by the Investment Adviser of its duties and obligations under this Agreement.

9. Custody

Nothing in this Agreement will require the Investment
Adviser to take or receive physical possession of cash, securities, or other investments of the Fund.

10. Term of Agreement; Termination of Agreement; Amendment of Agreement

(a) . This Agreement will become effective
upon the acceptance into the Fund of investment moneys other than seed capital from the Investment Adviser or its affiliate (the “Effective
Date”), and, unless terminated in accordance with its terms, will continue for an initial two-year term and after that initial two-year
term so long as such continuance is specifically approved at least annually as required by the 1940 Act.

(b) . This Agreement may be terminated,
without penalty, (i) by the Board of Trustees or by vote of holders of a majority of the outstanding shares of the Fund upon sixty (60)
days’ prior written notice to the Investment Adviser, (ii) by the Investment Adviser upon sixty (60) days’ prior written notice
to the Fund, or (iii) by Investment Adviser upon sixty (60) days’ prior written notice to the Fund. This Agreement also will terminate
automatically in the event of its “assignment,” as defined in the 1940 Act and the rules under the 1940 Act, except that to
the extent consistent with the Advisers Act and the 1940 Act, without the notice to or consent of the Fund, the Investment Adviser may
be reconstituted or reorganized into any other form of business entity.

(c) . This Agreement may be amended
in writing by mutual consent and in conformity with the requirements of the 1940 Act and the rules under the 1940 Act.

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11. Cooperation with Regulatory Authorities or Other Actions

The parties to this Agreement each agree to cooperate
in a reasonable manner with each other in the event that any of them should become involved in a legal, administrative, judicial or regulatory
action, claim, or suit as a result of performing its obligations under this Agreement.

12. Records