Document:

EX-10.4

 Exhibit 10.4 

AMENDED AND RESTAED TRANSFER AGENT SERVICING AGREEMENT 

THIS AGREEMENT is made and entered into as of the 1st day of December 2020, by and among STONE
POINT CREDIT CORPORATION (the “Fund ”), and U.S. BANCORP FUND SERVICES, LLC d/b/a U.S. Bank Global Fund Services, a Wisconsin limited liability company (“Fund Services”). 

WHEREAS, the Fund changed its name from Stone Point Credit LLC to Stone Point Credit Corporation; 

WHEREAS the Fund and Fund Services entered into a certain Transfer Agent Servicing Agreement, dated November 30, 2020, which is
superseded and replaced with this Amended and Restated Transfer Agent Servicing Agreement. 
 WHEREAS, the Fund is a closed-end management investment company that expects to elect to be regulated as a business development company under the Investment Company Act of 1940, as amended (the “1940 Act” or the
“Act”); 
 WHEREAS, the Fund is authorized to offer and sell shares of the Fund’s common stock (collectively, the
“Shares”); 
 WHEREAS, Fund Services is, among other things, in the business of administering transfer agent functions for the
benefit of its customers; and 
 WHEREAS, the Fund desires to retain Fund Services to provide transfer agent services. 

NOW, THEREFORE, in consideration of the promises and mutual covenants herein contained, and other good and valuable consideration, the receipt
of which is hereby acknowledged, the parties hereto, intending to be legally bound, do hereby agree as follows: 
  

	1.	 Appointment of Fund Services as Transfer Agent 

The Fund hereby appoints Fund Services as transfer agent of the Fund on the terms and conditions set forth in this Agreement, and Fund Services
hereby accepts such appointment and agrees to perform the services and duties set forth in this Agreement. The services and duties of Fund Services shall be confined to those matters expressly set forth herein, and no implied duties are assumed by
or may be asserted against Fund Services hereunder. 
  

	2.	 Services and Duties of Fund Services 

Fund Services shall provide the following transfer agent services to the Fund: 

 

	 	(1)	 Receive and process orders for the purchase of Shares in accordance with applicable rules under the 1940 Act
and other applicable regulations, and as specified in the Fund’s registration statement and other operative documents. 

	 	(2)	 Process subscription agreements received from prospective holders of Shares (such holders of Shares,
“Shareholders”). 

  

	 	(3)	 Process purchase orders with prompt delivery, where appropriate, of payment and supporting documentation to the
Fund’s custodian(s), and issue the appropriate number of uncertificated Shares with such uncertificated Shares being held in the appropriate Shareholder account. 

 

	 	(4)	 Arrange for issuance of Shares obtained through transfers of funds from Shareholders’ accounts at
financial institutions. 

  

	 	(5)	 Process tender offers and related repurchase requests received in good order and, where relevant, deliver
appropriate documentation to the Fund. 

  

	 	(6)	 Pay monies upon receipt from the Fund where relevant, in accordance with the instructions of redeeming
Shareholders. 

  

	 	(7)	 Process transfers of Shares in accordance with the Shareholder’s instructions and as permitted by the
Fund’s registration statement and other operative documents. 

  

	 	(8)	 Prepare and transmit payments for distributions declared by the Fund, after deducting any amount required to be
withheld by any applicable laws, rules and regulations and in accordance with Shareholder instructions. 

  

	 	(9)	 Make changes to Shareholder records, including, but not limited to, address changes. 

 

	 	(10)	 Prepare ad-hoc reports as necessary at prevailing rates.

  

	 	(11)	 Provide Shareholder account information upon Shareholder or Fund request and prepare and mail confirmations and
statements of account to Shareholders for all purchases, redemptions, and other confirmable transactions as agreed upon with the Fund. 

  

	 	(12)	 Mail account statements and performance reports in a form approved by the Fund to Shareholders on a monthly
basis and shareholder reports on annual basis. 

  

	 	(13)	 Prepare and file U.S. Treasury Department Forms 1099 and other appropriate information required with respect to
dividends, distributions and repurchases for all shareholders. 

  

	 	(16)	 Answer correspondence from shareholders, securities brokers and others relating to Fund Services’ duties
hereunder within required time periods established by applicable regulation. 

  

	 	(17)	 Provide service and support to financial intermediaries including but not limited to trade placements,
settlements and corrections. 

  
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	 	(18)	 Perform its duties hereunder in compliance with all applicable laws and regulations and provide any sub-certifications reasonably requested by the Fund in connection with any certification required of the Fund pursuant to the Sarbanes-Oxley Act of 2002 (“SOX Act”) or any rules or regulations promulgated
by the U.S. Securities and Exchange Commission (“SEC”) thereunder, provided the same shall not be deemed to change Fund Services’ standard of care as set forth herein. 

 

	 	(19)	 In order to assist the Fund in satisfying the requirements of Rule
38a-1 under the 1940 Act, Fund Services will provide the Fund’s Chief Compliance Officer with reasonable access to Fund Services’ Fund records relating to the services provided by it under this
Agreement, and will provide quarterly compliance reports and related certifications regarding any Material Compliance Matter (as defined in the 1940 Act) involving Fund Services that affect or could affect the Fund. 

 

	3.	 Lost Shareholder Due Diligence Searches and Servicing 

The Fund hereby acknowledges that Fund Services has an arrangement with an outside vendor to conduct lost shareholder searches required by Rule
17Ad-17 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Costs associated with such searches will be passed through to the Fund as a miscellaneous expense in accordance
with the fee schedule set forth in Exhibit A hereto. If a shareholder remains lost and the shareholder’s account unresolved after completion of the mandatory Rule 17Ad-17 search, the Fund hereby
authorizes vendor to enter, at its discretion, into fee sharing arrangements with the lost shareholder (or such lost shareholder’s representative or executor) to conduct a more in-depth search in order to
locate the lost shareholder before the shareholder’s assets escheat to the applicable state. The Fund hereby acknowledges that Fund Services is not a party to these arrangements and does not receive any revenue sharing or other fees relating to
these arrangements. Furthermore, the Fund hereby acknowledges that vendor may receive up to 35% of the lost shareholder’s assets as compensation for its efforts in locating the lost shareholder. Fund Services shall report, or arrange to have
reported, to the Fund shareholder account information where such accounts or funds have been turned over to applicable state authorities. 
  

	4.	 Anti-Money Laundering and Red Flag Identity Theft Prevention Programs 

The Fund acknowledges that it had an opportunity to review and consider the written procedures provided by Fund Services describing various
processes used by Fund Services which are designed to promote the detection and reporting of potential money laundering activity and identity theft by monitoring certain aspects of shareholder activity as well as written procedures for verifying a
customer’s identity (collectively, the “Procedures”). Further, the Fund has determined that the Procedures, as part of the Fund’s overall anti-money laundering program and identity theft prevention program responsibilities, are
reasonably designed to help: (i) prevent the Fund from being used for money laundering or the financing of terrorist activities; (ii) prevent identity theft; and (iii) achieve compliance with the applicable provisions of the Bank Secrecy
Act, the USA Patriot Act of 2001, the Fair and Accurate Credit Transactions Act of 2003, and the implementing regulations thereunder (together “AML Rules”). 

  
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 Based on this determination, the Fund hereby instructs and directs Fund Services to
implement the Procedures, as applicable, on the Fund’s behalf, as such may be amended from time to time. It is contemplated that these Procedures will be amended from time to time by Fund Services and any such amended Procedures will be
provided to the Fund. Should the Fund desire that Fund Services perform services not provided for in the Procedures, such additional services and the associated cost must be specifically detailed in the attached fee schedule. 

The Fund acknowledges and agrees that although it is directing Fund Services to implement the Procedures on its behalf, Fund Services is
implementing the Procedures as a service provider to the Fund and the Fund is and remains ultimately responsible for complying with all applicable laws, rules, and regulations with respect to anti-money laundering, customer identification, identity
theft prevention, economic sanctions, and terrorist financing, whether under the AML Rules, or otherwise, such as, the establishment and board adoption of its own formal anti-money laundering program and the designation of its own anti-money
laundering officer, as applicable. 
 The Fund further acknowledges and agrees that certain portions of the Procedures are applicable to
certain products, entities, structures, or geographies and, accordingly, certain portions of the Procedures may not be implemented with respect to the Fund. The Fund has had the opportunity to discuss the Procedures with Fund Services, and the Fund
understands and agrees which portions of the Procedures may not be implemented on behalf of the Fund. Without limitation of the foregoing, Fund Services shall not be responsible for providing anti-money laundering or customer identification services
with respect to certain intermediary or dealer-controlled customer accounts (i.e., level 0 sub-accounts through the Fund/SERV system operated by the National Securities Clearing Corporation) and other fund
client relationships where there is a sub-transfer agency or similar arrangement between the Fund and the intermediary. 

The Fund hereby directs, and Fund Services acknowledges, that Fund Services shall (i) permit federal regulators access to such information
and records maintained by Fund Services and relating to Fund Services’ implementation of the Procedures, on behalf of the Fund, as they may request, and (ii) permit such federal regulators to inspect Fund Services’ implementation of
the Procedures on behalf of the Fund. 
  

	5.	 Compensation 

Fund Services shall be compensated for providing the services set forth in this Agreement in accordance with the fee schedule set forth on
Exhibit A hereto (as amended from time to time by consent of both parties to this agreement). Fund Services shall be compensated for such miscellaneous expenses as are reasonably incurred by Fund Services in performing its duties hereunder
and as are described in Exhibit A hereto. In the event that any additional requirements are imposed on Fund Services hereunder due to the adoption of any new or amended industry, regulatory or other applicable rules, the

  
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parties shall, acting in good faith mutually agree upon any additional compensation in respect thereof. The Fund shall pay all such fees and reimbursable expenses within 30 calendar days
following receipt of the billing notice, except for any fee or expense subject to a good faith dispute. The Fund shall notify Fund Services in writing within 30 calendar days following receipt of each invoice if the Fund is disputing any amounts in
good faith. The Fund shall pay such disputed amounts within thirty (30) calendar days of the day on which the parties agree to the amount to be paid. Notwithstanding anything to the contrary, amounts owed by the Fund to Fund Services shall only
be paid out of assets and property of the Fund involved. 
  

	6.	 Representations and Warranties 

 

	 	A.	 The Fund hereby represents and warrants to Fund Services, which representations and warranties shall be deemed
to be continuing throughout the term of this Agreement, that: 

  

	 	(1)	 The Fund is duly organized and existing under the laws of the jurisdiction of its organization, with full power
to carry on its business as now conducted, to enter into this Agreement and to perform its obligations hereunder; 

  

	 	(2)	 This Agreement has been duly authorized, executed and delivered by the Fund in accordance with all requisite
action and constitutes a valid and legally binding obligation of the Fund, enforceable in accordance with its terms, subject to bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting the rights and
remedies of creditors and secured parties; and 

  

	 	(3)	 It is conducting its business in compliance in all material respects with all applicable laws and regulations,
both state and federal, and has obtained all regulatory approvals necessary to carry on its business as now conducted; there is no statute, rule, regulation, order or judgment binding on it and no provision of its charter, bylaws or any contract
binding it or affecting its property which would prohibit its execution or performance of this Agreement. 

  

	 	(4)	 All records of the Fund provided to Fund Services by the Administrator or by a prior service provider of the
Fund are accurate and complete and Fund Services is entitled to rely on all such records in the form provided. 

  

	 	B.	 Fund Services hereby represents and warrants to the Fund, which representations and warranties shall be deemed
to be continuing throughout the term of this Agreement, that: 

  

	 	(1)	 It is duly organized and existing under the laws of the jurisdiction of its organization, with full power to
carry on its business as now conducted, to enter into this Agreement and to perform its obligations hereunder; 

  
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	 	(2)	 This Agreement has been duly authorized, executed and delivered by Fund Services in accordance with all
requisite action and constitutes a valid and legally binding obligation of Fund Services, enforceable in accordance with its terms, subject to bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting the
rights and remedies of creditors and secured parties; 

  

	 	(3)	 It is conducting its business in compliance in all material respects with all applicable laws and regulations,
both state and federal, and has obtained all regulatory approvals necessary to carry on its business as now conducted; there is no statute, rule, regulation, order or judgment binding on it and no provision of its charter, bylaws or any contract
binding it or affecting its property which would prohibit its execution or performance of this Agreement; and 

  

	 	(4)	 It is a registered transfer agent under the Exchange Act. 

 

	7.	 Standard of Care; Indemnification; Limitation of Liability 

 

	 	A.	 Fund Services shall exercise reasonable care in the performance of its duties under this Agreement. Neither
Fund Services nor any of its affiliates or suppliers shall be liable for any error of judgment; mistake of law; fraud or misconduct by the Fund, the adviser or any other service provider to the Fund, or any employee of the foregoing; or for any loss
suffered by the Fund, or any third party in connection with Fund Services’ duties under this Agreement, including losses resulting from mechanical breakdowns or the failure of communication or power supplies beyond Fund Services’
reasonable control, except a loss arising out of or relating to Fund Services’ refusal or failure to comply with the terms of this Agreement (other than where such compliance would violate applicable law) or from its bad faith, negligence, or
willful misconduct in the performance of its duties under this Agreement. Notwithstanding any other provision of this Agreement, if Fund Services has exercised reasonable care in the performance of its duties under this Agreement, the Fund shall
indemnify and hold harmless Fund Services from and against any and all claims, demands, losses, expenses, and liabilities of any and every nature (including reasonable and documented attorneys’ fees) that Fund Services may sustain or incur or
that may be asserted against Fund Services by any person arising out of any action taken or omitted to be taken by it in performing the services hereunder (i) in accordance with the foregoing standards, (ii) in reliance upon any written or
oral instruction provided to Fund Services by the Fund’s investment adviser or by any duly authorized officer of the Fund, as approved by the Board of Directors, except for any and all claims, demands, losses, expenses, and liabilities arising
out of or relating to Fund Services’ refusal or failure to comply with the terms of this Agreement or from its bad faith, negligence or willful misconduct in the performance of its duties under this Agreement (other than where such compliance
would violate applicable law). This indemnity shall be a continuing obligation of the Fund, its successors and assigns, notwithstanding the termination of this Agreement. As used in this paragraph, the term “Fund Services” shall include
Fund Services’ directors, officers and employees. 

  
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 Fund Services shall indemnify and hold the Fund harmless from and against any and all
claims, demands, losses, expenses, and liabilities of any and every nature (including reasonable attorneys’ fees) that the Fund may sustain or incur or that may be asserted against the Fund by any person arising out of any action taken or
omitted to be taken by Fund Services as a result of Fund Services’ refusal or failure to comply with the terms of this Agreement, bad faith, negligence, or willful misconduct in the performance of its duties under this Agreement (other than
where such compliance would violate applicable law). This indemnity shall be a continuing obligation of Fund Services, its successors and assigns, notwithstanding the termination of this Agreement. As used in this paragraph, the term
“Fund” shall include the Fund’s directors, officers and employees. 
 The directors, officers and equityholders of the Fund
shall not be liable for any obligations of the Fund under this Agreement, and Fund Services agrees that, in asserting any obligations of the Administrator or the Fund under this Agreement, it shall look only at the assets and properties of the Fund,
as applicable, in settlement of such right or claim, and not to such directors, officers or equityholders. 
 Neither party to this
Agreement shall be liable to the other party for consequential, special or punitive damages under any provision of this Agreement. 
 In the
event of a mechanical breakdown or failure of communication or power supplies beyond its control, Fund Services shall take all reasonable steps to minimize service interruptions for any period that such interruption continues. Fund Services shall as
promptly as possible under the circumstances notify the Fund in the event of any service interruption that materially impacts Fund Services’ services under this Agreement. Fund Services will make every reasonable effort to restore any lost or
damaged data and correct any errors resulting from such a breakdown at the expense of Fund Services as soon as practicable. Fund Services agrees that it shall, at all times, have reasonable business continuity and disaster recovery contingency plans
with appropriate parties, making reasonable provision for emergency use of electrical data processing equipment to the extent appropriate equipment is available. Representatives of the Fund shall be entitled to inspect Fund Services’ premises
and operating capabilities, books and records maintained on behalf of the Fund at any time during regular business hours of Fund Services, upon reasonable notice to Fund Services. Fund Services shall promptly notify the Fund upon discovery of any
material administrative error, and shall consult with the Fund about the actions it intends to take to correct the error prior to taking such actions. A “material administrative error” means any error which the Fund’s management,
including its Chief Compliance Officer, would reasonably need to know to oversee Fund compliance. Moreover, Fund Services shall obtain and provide the 

  
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Fund, at such times as the Fund may reasonably require, copies of reports rendered by independent accountants on the internal controls and procedures of Fund Services relating to the services
provided by Fund Services under this Agreement. Fund Services will provide an executive summary of its Business Continuity and Disaster Recovery Plans upon reasonable request of the Company. 

Notwithstanding the above, Fund Services reserves the right to reprocess and correct administrative errors at its own expense. 

 

	 	B.	 In order that the indemnification provisions contained in this section shall apply, it is understood that if in
any case the indemnitor may be asked to indemnify or hold the indemnitee harmless, the indemnitor shall be fully and promptly advised of all pertinent facts concerning the situation in question, and it is further understood that the indemnitee will
use all reasonable care to notify the indemnitor promptly concerning any situation that presents or appears likely to present the probability of a claim for indemnification. The indemnitor shall have the option to defend the indemnitee against any
claim that may be the subject of this indemnification. In the event that the indemnitor so elects, it will so notify the indemnitee and thereupon the indemnitor shall take over complete defense of the claim, and the indemnitee shall in such
situation initiate no further legal or other expenses for which it shall seek indemnification under this section. The indemnitee shall in no case confess any claim or make any compromise in any case in which the indemnitor will be asked to indemnify
the indemnitee except with the indemnitor’s prior written consent. No indemnitor shall, without the prior written consent of the indemnitee, which consent shall not be unreasonably withheld, conditioned or delayed, settle or compromise or
consent to the entry of any judgment with respect to any claim giving rise to a claim for indemnity hereunder if such settlement includes a statement as to or an admission of fault, culpability or a failure to act by or on behalf of any indemnitee.

  

	 	C.	 The indemnity and defense provisions set forth in this Section 7 shall indefinitely survive the
termination and/or assignment of this Agreement. 

  

	 	D.	 If Fund Services is acting in another capacity for the Fund pursuant to a separate agreement, nothing herein
shall be deemed to relieve Fund Services of any of its obligations in such other capacity. 

  

	8.	 Data Necessary to Perform Services 

The Fund or its agent shall furnish to Fund Services the data necessary to perform the services described herein at such times and in such form
as mutually agreed upon. For the avoidance of doubt, Fund Services agrees that, to the extent required in order to carry out any of its obligations hereunder, Fund Services will coordinate with all other service providers of the Fund as may be
requested and authorized by the Fund, including each custodian of the Fund, as appropriate. If Fund Services is also acting in another capacity for the Fund, nothing herein shall be deemed to relieve Fund Services of any of its obligations in such
capacity. 

  
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	9.	 Proprietary and Confidential Information 

Fund Services agrees on behalf of itself and its directors, officers, and employees to treat confidentially and as proprietary information of
the Fund, all records and other information relative to the Fund and prior, present, or potential shareholders of the Fund (and clients of said shareholders) including all shareholder trading information, and not to use such records and information
for any purpose other than the performance of its responsibilities and duties hereunder, except (i) after prior notification to and approval in writing by the Fund, which approval shall not be unreasonably withheld and may not be withheld where
Fund Services may be exposed to civil or criminal contempt proceedings for failure to comply, (ii) when requested to divulge such information by duly constituted authorities provided that to the extent permitted by law, Fund Services shall
provide the Fund notice prior to such disclosures, or (iii) when so requested by the Fund. Records and other information which have become known to the public through no wrongful act of Fund Services or any of its employees, agents or
representatives, and information that was already in the possession of Fund Services prior to receipt thereof from the Fund or its agent, shall not be subject to this paragraph. Further, Fund Services will adhere to the privacy policies adopted by
the Fund pursuant to Title V of the Gramm Leach Bliley Act, as may be modified from time to time. In this regard, Fund Services shall have in place and maintain physical, electronic and procedural safeguards reasonably designed to protect the
security, confidentiality and integrity of, and to prevent unauthorized access to or use of, records and information relating to the Fund and its shareholders. In addition, Fund Services has implemented and will maintain an effective information
security program reasonably designed to protect information relating to Shareholders (such information, “Personal Information”), which program includes sufficient administrative, technical and physical safeguards and written policies and
procedures reasonably designed to (a) ensure the security and confidentiality of such Personal Information; (b) protect against any anticipated threats or hazards to the security or integrity of such Personal Information, including
identity theft; and (c) protect against unauthorized access to or use of such Personal Information that could result in substantial harm or inconvenience to the Fund or any Shareholder (the “Information Security Program”). The
Information Security Program complies and shall comply with reasonable information security practices within the industry. Fund Services shall promptly notify the Fund in writing of any breach of security, misuse or misappropriation of, or
unauthorized access to, (in each case, whether actual or alleged) any Personal Information (any or all of the foregoing referred to individually and collectively for purposes of this provision as a “Security Breach”). Fund Services shall
promptly investigate and remedy, and bear the cost of the measures (including notification to any affected parties), if any, to address any Security Breach. Fund Services shall bear the cost of the Security Breach only if Fund Services is determined
to be responsible for such Security Breach. 
 In addition to, and without limiting the foregoing, Fund Services will promptly cooperate with
the Fund or any of their affiliates’ regulators at Fund Services expense (only if Fund Services is determined to be responsible for such Security Breach) to prevent, investigate, cease or mitigate any Security Breach, including but not limited
to investigating, bringing claims or actions and giving information and testimony. Notwithstanding any other provision in this Agreement, the obligations set forth in this paragraph shall survive termination of this Agreement. 

  
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 Fund Services will provide the Transfer Agent with certain copies of third party audit
reports (e.g., SSAE 16 or SOC 1) through access to Fund Services CCO Portal (limited to two persons) to the extent such reports are available and related to services performed or made available by Fund Services under this Agreement. The Transfer
Agent acknowledges and agrees that such reports are confidential and that it will not disclose such reports except to its employees and service providers who have a need to know and have agreed to obligations of confidentiality applicable to such
reports. 
 Fund Services shall be liable for any improper disclosure or use of the third party audit reports by its employees or service
providers. 
 Notwithstanding the foregoing, Fund Services will not share any nonpublic personal information concerning any of the
Fund’s shareholders to any third party unless specifically directed by the Transfer Agent or allowed under one of the exceptions noted under the Gramm Leach Bliley Act. 
  

	10.	 Records 

Fund Services shall keep records relating to the services to be performed hereunder in the form and manner, and for such period, as it may deem
advisable and is agreeable to the Fund, but not inconsistent with the rules and regulations of appropriate government authorities, in particular, Section 31 of the 1940 Act and the rules thereunder. Fund Services agrees that all such records
prepared or maintained by Fund Services relating to the services to be performed by Fund Services hereunder are the property of the Fund and will be preserved, maintained, and made available in accordance with such applicable sections and rules of
the 1940 Act and will be promptly surrendered to the Fund or their designee on and in accordance with its request. Fund Services agrees to provide any records necessary to the Fund to comply with the Fund’s disclosure controls and procedures
and internal control over financial reporting adopted in accordance with the SOX Act. Without limiting the generality of the foregoing, Fund Services shall cooperate with the Transfer Agent and assist the Fund, as necessary, by providing information
to enable the appropriate officers of the Fund to (i) execute any required certifications and (ii) provide a report of management on the Fund’s internal control over financial reporting (as defined in Sections 13a-15(f) or 15a-15(f) of the Exchange Act). Notwithstanding the foregoing, Fund Services may retain such copies of such records in such form as may be required to comply with
any applicable law, rule, regulation, or order of any governmental, regulatory, or judicial authority of competent jurisdiction. 
  

	11.	 Compliance with Laws 

The Fund has and retains primary responsibility for all compliance matters relating to the Fund, including but not limited to compliance with
the Act, the Internal Revenue Code of 1986, the SOX Act, the USA Patriot Act of 2001 and the policies and limitations of the Fund relating to its portfolio investments as set forth in its registration statement. Fund Services’ services
hereunder shall not relieve the Fund of its responsibilities for assuring such compliance and oversight responsibility with respect thereto. 

  
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 The foregoing shall not affect Fund Services’ responsibilities for compliance and
related matters delegated to Fund Services by the Fund as expressly provided herein. Fund Services shall comply with changes to all regulatory requirements affecting its services hereunder to the Fund and shall implement any necessary modifications
to the services prior to the deadline imposed, or extensions authorized by, the regulatory or other governmental body having jurisdiction for such regulatory requirements. 
  

	12.	 Term of Agreement; Amendment 

This Agreement shall become effective as of the date written above and will continue in effect for a period of two (2) years. This
Agreement may be terminated by either party upon giving sixty (60) days’ prior written notice to the other party or such shorter period as is mutually agreed upon by the parties. Notwithstanding the foregoing, this Agreement may be
terminated by any party upon the breach of the other party of any material term of this Agreement if such breach is not cured within fifteen (15) days of notice of such breach to the breaching party. This Agreement may not be amended or
modified in any manner except by written agreement executed by Fund Services and the Fund, and authorized or approved by the Board of Directors. 
  

	13.	 Duties in the Event of Termination 

In the event that, in connection with termination, a successor to any of Fund Services’ duties or responsibilities hereunder is designated
by the Fund by written notice to Fund Services, Fund Services will promptly, upon such termination and, except in the case of a material breach by Fund Services, in which case all expenses shall be borne by Fund Services, at the expense of the Fund,
transfer to such successor all relevant books, records, correspondence, and other data established or maintained by Fund Services under this Agreement in a form reasonably acceptable to the Fund (if such form differs from the form in which Fund
Services has maintained the same, the Fund shall pay any reasonable and documented expenses associated with transferring the data to such form), and will cooperate in the transfer of such duties and responsibilities, including provision for
assistance from Fund Services’ personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Fund. The Fund shall also
pay any fees associated with record retention and/or tax reporting obligations that Fund Services is obligated under applicable law, regulation, or rule to continue following the termination. 

 

	14.	 Assignment 

This Agreement shall extend to and be binding upon the parties hereto and their respective successors and assigns; provided, however, that this
Agreement shall not be assignable by the Fund without the written consent of Fund Services, or by Fund Services without the written consent of the Fund accompanied by the authorization or approval of the Board of Directors. 

  
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	15.	 Governing Law 

This Agreement shall be construed in accordance with the laws of the State of Delaware, without regard to conflicts of law principles. To the
extent that the applicable laws of the State of Delaware, or any of the provisions herein, conflict with the applicable provisions of the Act, the latter shall control, and nothing herein shall be construed in a manner inconsistent with the Act or
any rule or order of the SEC thereunder. 
  

	16.	 Services not Exclusive 

Nothing in this Agreement shall limit or restrict either party hereto from providing services to or receiving services from other parties that
are similar or identical to some or all of the services provided hereunder. 
  

	17.	 No Agency Relationship 

Nothing herein contained shall be deemed to authorize or empower either party to act as agent for the other party to this Agreement, or to
conduct business in the name, or for the account, of the other party to this Agreement. 
  

	18.	 Invalidity 

Any provision of this Agreement which may be determined by competent authority to be prohibited or unenforceable in any jurisdiction shall, as
to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render
unenforceable such provision in any other jurisdiction. In such case, the parties shall in good faith modify or substitute such provision consistent with the original intent of the parties. 

 

	19.	 Notices 

Any notice required or permitted to be given by either party to the other shall be in writing and shall be deemed to have been given on the
date delivered personally or by courier service, or three days after sent by registered or certified mail, postage prepaid, return receipt requested, or on the date sent and confirmed received by facsimile (so long as no error message is received in
response thereto) transmission to the other party’s address set forth below: 
 Notice to Fund Services shall be sent to: 

U.S. Bancorp Fund Services, LLC 

615 East Michigan Street 

Milwaukee, WI 53202 

  
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 Facsimile: 866.234.6576 

and notice to the Fund shall be sent to: 

c/o Stone Point Credit Adviser LLC 

20 Horseneck Lane 
 Greenwich,
Connecticut 06830 
 Attn: Gene Basov 

Email: gbasov@stonepoint.com 
  

	20.	 No Third Party Rights 

Nothing expressed or referred to in this Agreement will be construed to give any third party (including, without limitation, shareholders of
any Fund) any legal or equitable right, remedy or claim under or with respect to this Agreement. 
  

	21.	 Multiple Originals 

This Agreement may be executed on two or more counterparts, each of which when so executed shall be deemed to be an original, but such
counterparts shall together constitute but one and the same instrument. 
  

	22.	 Entire Agreement 

This Agreement, together with any exhibits, attachments, appendices or schedules expressly referenced herein, constitutes the entire agreement
of the parties with respect to the subject matter hereof and supersedes all prior agreements, arrangements and understandings, whether written or oral. 

[Signature Page Follows] 

  
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 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by a duly
authorized officer on one or more counterparts as of the date written above. 
  

			
	U.S. BANCORP FUND SERVICES, LLC
		
	By:	 	 /s/ Anita Zagrodnik

	Name:	 	Anita Zagrodnik
	Title:	 	Senior Vice President
	Date:	 	1/22/2021
	
	STONE POINT CREDIT CORPORATION
		
	By:	 	 /s/ Gene Basov

	Name: Gene Basov
	Title: Chief Financial Officer

 Dated as of December 1, 2020 

  
 14EX-10.13

 Exhibit 10.13 

SUB-ADMINISTRATION SERVICING AGREEMENT 

THIS AGREEMENT is made and entered into as of the 30th day of November 2020, by and
between STONE POINT CREDIT ADVISER LLC, a Delaware limitied liability company (the “Administrator”), and U.S. BANCORP FUND SERVICES, LLC d/b/a/ U.S. Bank Global Fund Services, a Wisconsin limited liability company
(“USBFS”). 
 WHEREAS, the Administrator has entered into an Administration Agreement with Stone Point Capital Credit LLC, which
will be renamed to Stone Point Credit Corporation (the “Fund”), that is a closed-end management investment company that has elected to be regulated as a business development company under the
Investment Company Act of 1940 (the “1940 Act”); 
 WHEREAS, the Administrator desires to retain USBFS to provide sub-administrative services with respect to the Fund in the manner and on the terms hereinafter set forth; and 

WHEREAS, USBFS is willing to provide sub-administrative services with respect to the Fund on the terms
and conditions hereafter set forth. 
 NOW, THEREFORE, in consideration of the promises and mutual covenants herein contained, and other
good and valuable consideration, the receipt of which is hereby acknowledged, the parties hereto, intending to be legally bound, do hereby agree as follows: 
  

	1.	 Engagement of USBFS as Sub-Administrator 

The Administrator hereby engages USBFS to act as sub-administrator with respect to the Fund on the
terms and conditions set forth in this Agreement, and USBFS hereby accepts such engagement and agrees to perform the services and duties set forth in this Agreement. 
  

	2.	 Services and Duties of USBFS 

USBFS shall provide the following fund administration services: 
  

	 	A.	 General Fund Management: 

 

	 	(1)	 Act as liaison among all Fund service providers, including, but not limited to, custodians, transfer agents and
dividend reinvestment plan administrators. 

  

	 	(2)	 Supply non-investment related statistical and research data as
requested. 

  

	 	(3)	 Coordinate the Fund’s Board of Directors’ (the “Board of Directors” or the
“Directors”) communication: 

  

	 	a.	 Prepare reports for the Board of Directors based on financial and administrative data provided by the Fund.

  

	 	b.	 Prepare and distribute to appropriate parties notices announcing declaration of dividends and other
distributions to shareholders. 

  
 1 

	 	c.	 Attend meetings and prepare minutes of meetings of the Board of Directors and fund shareholders.

  

	 	(4)	 Audits: 

  

	 	a.	 Prepare appropriate schedules and assist independent auditors. 

 

	 	b.	 Provide information to the Securities Exchange Commission (the “SEC”) if requested, provided that
Fund Services provides the Fund with advance notice of any such request by the SEC, and facilitate audit process. 

  

	 	c.	 Provide office facilities, if necessary, in connection with such audits. 

 

	 	(5)	 Monitor arrangements under shareholder services or similar plan. 

 

	 	(6)	 Monitor and communicate activity under share repurchase or tender offer plans. 

 

	 	(7)	 Keep the Fund’s governing documents, including its charter, bylaws and minute books, but only to the
extent such documents are provided to USBFS by the Administrator, the Fund or its representatives for safe-keeping. 

  

	 	B.	 Compliance: 

  

	 	(1)	 Regulatory and Internal Revenue Service (the “IRS”) Compliance: 

 

	 	a.	 Monitor compliance with the 1940 Act requirements applicable to business development companies and the
Fund’s status as a regulated investment company under Subchapter M, including: 

  

	 	(i)	 Maintenance of books and records under Rule 31a-3 of the 1940 Act.

  

	 	(ii)	 IRC Section 851 - 90% Qualifying income 

 

	 	(iii)	 IRC Section 851 – Annual Distribution Requirement 

 

	 	(iv)	 IRC Section 851 - Fund Diversification 

 

	 	(v)	 Section 12(d)(1)(A) of the 1940 Act - Diversification Requirement 

 

	 	(vi)	 Section 55(a) of the 1940 Act - 70% Eligible Assets Requirement 

 

	 	(vii)	 Section 18 of the 1940 Act, as modified by Section 61 of the 1940 Act – 150% Asset Coverage
Requirement 

  

	 	b.	 Maintain awareness of applicable regulatory and operational service issues. 

 

	 	c.	 Perform its duties hereunder in compliance with all applicable laws and regulations and provide any sub-certifications reasonably requested by the Administrator in connection with: (i) any certification required of the Fund pursuant to the Sarbanes-Oxley Act of 2002 (the “SOX Act”) or any rules or
regulations promulgated by the SEC thereunder, and (ii) the operation of USBFS’s compliance program as it relates to the Fund, provided the same shall not be deemed to change USBFS’s standard of care as set forth herein.

  
 2 

	 	d.	 In order to assist the Fund in satisfying the requirements of Rule
38a-1 under the 1940 Act (the “Rule”), USBFS will provide the Fund’s Chief Compliance Officer with reasonable access to USBFS’ fund records relating to the services provided by it under
this Agreement, and will provide quarterly compliance reports and related certifications regarding any Material Compliance Matter (as defined in the Rule) involving USBFS that affect or could affect the Fund. 

 

	 	(2)	 SEC Reporting: 

  

	 	a.	 Prepare financial statements for inclusion in Form 10-Q, Form 10- K and Form 8-K filings, as applicable. 

  

	 	b.	 Prepare and file fidelity bond under Rule 17g-1 of the 1940 Act.

  

	 	c.	 Prepare and file reports and other documents required by the SEC and any U.S. stock exchanges on which the
Fund’s shares may be listed. 

  

	 	C.	 SEC Inspections: 

  

	 	(1)	 Assist in producing materials requested by the SEC. 

 

	 	(2)	 Maintain records of all materials produced as requested by the SEC. 

 

	 	D.	 Financial Reporting: 

 

	 	(1)	 Provide financial data for inclusion in the Fund’s registration statements filed under the Securities Act
of 1933 and/or Securities Exchange Act of 1934. 

  

	 	(2)	 Supervise the maintenance of the Fund’s general ledger and the preparation of the Fund’s financial
statements, including oversight of expense payments, of the determination of net asset value of the Fund’s shares, and of the declaration and payment of dividends and other distributions to shareholders. 

 

	 	(3)	 Compute the total return and expense ratio of the Fund and the Fund’s portfolio turnover rate.

  

	 	(4)	 Prepare quarterly and annual financial statements, which include without limitation the following items:

  

	 	a.	 Schedule of Investments. 

 

	 	b.	 Consolidated Balance Sheet. 

 

	 	c.	 Statement of Operations. 

 

	 	d.	 Statement of Changes in Net Assets. 

 

	 	e.	 Statement of Cash Flows. 

 

	 	f.	 Notes to the quarterly and annual financial statements. 

  
 3 

	 	g.	 Financial highlights. 

 

	 	(5)	 Coordinate certification requirements pursuant to the Sarbanes-Oxley Act of 2002 (the “SOX Act”).

  

	 	(6)	 Compute total return calculations for market and net asset value. 

 

	 	(7)	 Assist the Fund’s Chief Executive Officer and Chief Financial Officer in connection with establishing and
maintaining internal control over financial reporting (as defined in Rules 13a-15(f) and 15-d(f) under the Securities Exchange Act of 1934 (the “1934 Act”))
for the Fund. 

  

	 	E.	 Tax Reporting: 

  

	 	(1)	 File Form 1099 Miscellaneous for payments to Directors and other service providers. 

 

	 	(2)	 Prepare tax schedules, which include without limitation the following items: 

 

	 	a.	 Fiscal Distribution Schedule (including recorded ROSCOP journal entry to general ledger).

  

	 	b.	 Excise Distribution Schedule. 

 

	3.	 Compensation 

USBFS shall be compensated for providing the services set forth in this Agreement in accordance with the fee schedule set forth on Exhibit
A hereto (as amended from time to time. USBFS shall also be reimbursed for such miscellaneous expenses as set forth on Exhibit A hereto as are reasonably incurred by USBFS in performing its duties hereunder. The Fund shall pay all such
fees and reimbursable expenses within thirty (30) calendar days following receipt of the billing notice, except for any fee or expense subject to a good faith dispute. The Administrator and/or the Fund shall notify USBFS in writing within
thirty (30) calendar days following receipt of each invoice if the Administrator and/or the Fund is disputing any amounts in good faith. The Fund shall pay such disputed amounts within ten (10) calendar days of the day on which the parties
agree to the amount to be paid. 
  

	4.	 Representations and Warranties 

 

	 	A.	 The Administrator hereby represents and warrants to USBFS, which representations and warranties shall be deemed
to be continuing throughout the term of this Agreement, that: 

  

	 	(1)	 It is duly organized and existing under the laws of the jurisdiction of its organization, with full power to
carry on its business as now conducted, to enter into this Agreement and to perform its respective obligations hereunder; 

  
 4 

	 	(2)	 This Agreement has been duly authorized, executed and delivered by the Administrator in accordance with all
requisite action and constitutes a valid and legally binding obligation of the Administrator, enforceable in accordance with its terms, subject to bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting the
rights and remedies of creditors and secured parties; and 

  

	 	(3)	 It is conducting its business in compliance in all material respects with all applicable laws and regulations,
both state and federal, and has obtained all regulatory approvals necessary to carry on its business as now conducted; there is no statute, rule, regulation, order or judgment binding on it and no provision of its organizational documents or any
contract binding it or affecting its property which would prohibit its execution or performance of this Agreement. 

  

	 	(4)	 All records of the Fund provided to USBFS by the Administrator or by a prior service provider of the Fund are
accurate and complete and USBFS is entitled to rely on all such records in the form provided. 

  

	 	B.	 USBFS hereby represents and warrants to the Administrator, which representations and warranties shall be deemed
to be continuing throughout the term of this Agreement, that: 

  

	 	(1)	 It is duly organized and existing under the laws of the jurisdiction of its organization, with full power to
carry on its business as now conducted, to enter into this Agreement and to perform its obligations hereunder; 

  

	 	(2)	 This Agreement has been duly authorized, executed and delivered by USBFS in accordance with all requisite
action and constitutes a valid and legally binding obligation of USBFS, enforceable in accordance with its terms, subject to bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting the rights and remedies
of creditors and secured parties; and 

  

	 	(5)	 It is conducting its business in compliance in all material respects with all applicable laws and regulations,
both state and federal, and has obtained all regulatory approvals necessary to carry on its business as now conducted; there is no statute, rule, regulation, order or judgment binding on it and no provision of its organizational documents or any
contract binding it or affecting its property which would prohibit its execution or performance of this Agreement. 

  

	5.	 Standard of Care; Indemnification; Limitation of Liability 

 

	 	A.	 USBFS shall exercise reasonable care in the performance of its duties under this Agreement. Neither USBFS nor
any of its affiliates or suppliers shall be liable for 

  
 5 

 any error of judgment; mistake of law; fraud or misconduct by the Administrator, the Fund,
the investment adviser or any other service provider to the Administrator or the Fund, or any employee of the foregoing; or for any loss suffered by the Administrator, the Fund, or any third party in connection with USBFS’ duties under this
Agreement, including losses resulting from mechanical breakdowns or the failure of communication or power supplies beyond USBFS’ reasonable control, except a loss arising out of or relating to USBFS’ refusal or failure to comply with the
terms of this Agreement (other than where such compliance would violate applicable law) or from its bad faith, negligence, or willful misconduct in the performance of its duties under this Agreement. Notwithstanding any other provision of this
Agreement, if USBFS has exercised reasonable care in the performance of its duties under this Agreement, the Administrator shall indemnify and hold harmless USBFS from and against any and all claims, demands, losses, expenses, and liabilities of any
and every nature (including reasonable and documented attorneys’ fees) that USBFS may sustain or incur or that may be asserted against USBFS by any person arising out of any action taken or omitted to be taken by it in performing the services
hereunder (i) in accordance with the foregoing standards, or (ii) in reliance upon any written or oral instruction provided to USBFS by the Administrator or the Fund’s investment adviser or by any duly authorized officer of the the
Fund, as approved by the Board of Directors of the Fund, except for any and all claims, demands, losses, expenses, and liabilities arising out of or relating to USBFS’ refusal or failure to comply with the terms of this Agreement (other than
where such compliance would violate applicable law) or from its bad faith, negligence or willful misconduct in the performance of its duties under this Agreement. This indemnity shall be a continuing obligation of the the Administrator, its
successors and assigns, notwithstanding the termination of this Agreement. As used in this paragraph, the term “USBFS” shall include USBFS’ directors, officers and employees. 

USBFS shall indemnify and hold the Administrator and the Fund harmless from and against any and all claims, demands, losses, expenses, and
liabilities of any and every nature (including reasonable attorneys’ fees) that the Administrator or the Fund may sustain or incur or that may be asserted against the Administrator or the Fund by any person arising out of any action taken or
omitted to be taken by USBFS as a result of USBFS’ refusal or failure to comply with the terms of this Agreement, or from its bad faith, negligence, or willful misconduct in the performance of its duties under this Agreement (other than where
such compliance would violate applicable law). This indemnity shall be a continuing obligation of USBFS, its successors and assigns, notwithstanding the termination of this Agreement. As used in this paragraph, the terms the
“Administrator” and the “Fund” shall include each entity’s directors, officers and employees. 
 The directors,
officers and equityholders of the Administrator and the Fund shall not be liable for any obligations of the Administrator or the Fund under this Agreement, and USBFS agrees that, in asserting any obligations of the Administrator or the Fund under
this Agreement, it shall look only at the assets and properties of the Administrator or the Fund, as applicable, in settlement of such right or claim, and not to such directors, officers or equityholders. 

  
 6 

 Neither party to this Agreement shall be liable to the other party for consequential,
special or punitive damages under any provision of this Agreement. USBFS shall promptly notify the Administrator upon discovery of any material administrative error, and shall consult with the Administrator about the actions it intends to take to
correct the error prior to taking such actions. A “material administrative error” means any error which the Administrator or the Fund’s management, including its Chief Compliance Officer, would reasonably need to know to oversee Fund
compliance. 
 In the event of a mechanical breakdown or failure of communication or power supplies beyond its control, USBFS shall take all
reasonable steps to minimize service interruptions for any period that such interruption continues. USBFS shall as promptly as possible under the circumstances notify the Administrator in the event of any service interruption that materially impacts
USBFS’s services under this Agreement. USBFS will make every reasonable effort to restore any lost or damaged data and correct any errors resulting from such a breakdown at the expense of USBFS as soon as practicable. USBFS agrees that it
shall, at all times, have reasonable business continuity and disaster recovery contingency plans with appropriate parties, making reasonable provision for emergency use of electrical data processing equipment to the extent appropriate equipment is
available. Representatives of the Administrator shall be entitled to inspect USBFS’ premises and operating capabilities, books and records maintained on behalf of the Fund at any time during regular business hours of USBFS, upon reasonable
notice to USBFS. Moreover, USBFS shall obtain and provide the Administrator, at such times as they may reasonably require, copies of reports rendered by independent accountants on the internal controls and procedures of USBFS relating to the
services provided by USBFS under this Agreement. USBFS will provide an executive summary of its Business Continuity and Disaster Recovery Plans upon reasonable request of the Company. 

Notwithstanding the above, USBFS reserves the right to reprocess and correct administrative errors at its own expense. 

 

	 	B.	 In order that the indemnification provisions contained in this section shall apply, it is understood that if in
any case the indemnitor may be asked to indemnify or hold the indemnitee harmless, the indemnitor shall be fully and promptly advised of all pertinent facts concerning the situation in question, and it is further understood that the indemnitee will
use all reasonable care to notify the indemnitor promptly concerning any situation that presents or appears likely to present the probability of a claim for indemnification. The indemnitor shall have the option to defend the indemnitee against any
claim that may be the subject of this indemnification. In the event that the indemnitor so elects, it will so notify the indemnitee and thereupon the indemnitor shall take over complete defense of the claim, and the

  
 7 

	 	
indemnitee shall in such situation initiate no further legal or other expenses for which it shall seek indemnification under this section. The indemnitee shall in no case confess any claim or
make any compromise in any case in which the indemnitor will be asked to indemnify the indemnitee except with the indemnitor’s prior written consent. No indemnitor shall, without the prior written consent of the indemnitee, which consent shall
not be unreasonably withheld, conditioned or delayed, settle or compromise or consent to the entry of any judgment with respect to any claim giving rise to a claim for indemnity hereunder if such settlement includes a statement as to or an admission
of fault, culpability or a failure to act by or on behalf of any indemnitee. 

  

	 	C.	 The indemnity and defense provisions set forth in this Section 5 shall indefinitely survive the
termination and/or assignment of this Agreement. 

  

	 	D.	 If USBFS is acting in another capacity for the Administrator or the Fund pursuant to a separate agreement,
nothing herein shall be deemed to relieve USBFS of any of its obligations in such other capacity. 

  

	6.	 Proprietary and Confidential Information 

USBFS agrees on behalf of itself and its directors, officers, and employees to treat confidentially and as proprietary information of the
Administrator and the Fund all records and other information relative to the Administrator and the Fund and prior, present, or potential shareholders of the Fund (and clients of said shareholders) including all shareholder trading information, and
not to use such records and information for any purpose other than the performance of its responsibilities and duties hereunder, except after prior notification to and approval in writing by the Administrator, which approval shall not be
unreasonably withheld and may not be withheld where USBFS may be exposed to civil or criminal contempt proceedings for failure to comply, when requested to divulge such information by duly constituted authorities, provided that to the extent
permitted by law, USBFS shall provide the Administrator prior notice to such disclosure or when so requested by the Administrator. USBFS acknowledges that it may come into possession of material nonpublic information with respect to the Adminstrator
or the Fund and confirms that it has in place effective procedures to prevent the use of such information in violation of applicable insider trading laws. 

Further, USBFS will adhere to the privacy policies adopted by the Fund pursuant to Title V of the Gramm-Leach-Bliley Act, as may be modified
from time to time (the “Act”). In this regard, USBFS shall have in place and maintain physical, electronic and procedural safeguards reasonably designed to protect the security, confidentiality and integrity of, and to prevent unauthorized
access to or use of, records and information relating to the Fund and its shareholders. In addition, USBFS has implemented and will maintain an effective information security program reasonably designed to protect information relating to
Shareholders (such information, “Personal Information”), which program includes sufficient administrative, technical and physical safeguards and written policies and procedures reasonably designed to (a) insure the security and
confidentiality of such 

  
 8 

 
Personal Information; (b) protect against any anticipated threats or hazards to the security or integrity of such Personal Information, including identity theft; and (c) protect against
unauthorized access to or use of such Personal Information that could result in substantial harm or inconvenience to the Fund or any Shareholder (the “Information Security Program”). The Information Security Program complies and shall
comply with reasonable information security practices within the industry. Upon written request from the Administrator, USBFS shall provide a written description of its Information Security Program. USBFS shall promptly notify the Administrator in
writing of any breach of security, misuse or misappropriation of, or unauthorized access to, (in each case, whether actual or alleged) any information of the Fund (any or all of the foregoing referred to individually and collectively for purposes of
this provision as a “Security Breach”). USBFS shall promptly investigate and remedy, and bear the cost of the measures (including notification to any affected parties), if any, to address any Security Breach. USBFS shall bear the cost of
the Security Breach only if USBFS is determined to be responsible for such Security Breach. In addition to, and without limiting the foregoing, USBFS shall promptly cooperate with the Administrator, the Fund or any of their affiliates’
regulators at USBFS’s expense (only if USBFS is determined to be responsible for such Security Breach) to prevent, investigate, cease or mitigate any Security Breach, including but not limited to investigating, bringing claims or actions and
giving information and testimony. Notwithstanding any other provision in this Agreement, the obligations set forth in this paragraph shall survive termination of this Agreement. 

USBFS will provide the Administrator with certain copies of third party audit reports (e.g., SSAE 16 or SOC 1) through access to USBFS’s
CCO Portal (limited to two persons) to the extent such reports are available and related to services performed or made available by USBFS under this Agreement. The Administrator acknowledges and agrees that such reports are confidential and that it
will not disclose such reports except to its employees and service providers who have a need to know and have agreed to obligations of confidentiality applicable to such reports. 

USBFS shall be liable for any improper disclosure or use of the third party audit reports by its employees or service providers. 

Notwithstanding the foregoing, USBFS will not share any nonpublic personal information concerning any of the Fund’s shareholders to any
third party unless specifically directed by the Administrator or allowed under one of the exceptions noted under the Act. 
  

	7.	 Term of Agreement; Amendment 

This Agreement shall become effective as of the date written above and will continue in effect for a period of two (2) years. However,
this Agreement may be terminated by either party upon giving sixty (60) days’ prior written notice to the other party or such shorter period as is mutually agreed upon by the parties. Notwithstanding the foregoing, this Agreement may be
terminated by any party upon the breach of the other party of any material term of this Agreement if such breach is not cured within fifteen (15) days of notice of such breach to the breaching party. This Agreement may not be amended or
modified in any manner except by written agreement executed by the parties. 

  
 9 

	8.	 Records 

USBFS shall keep records relating to the services to be performed hereunder in the form and manner, and for such period, as it may deem
advisable and is agreeable to the Administrator, but not inconsistent with the rules and regulations of appropriate government authorities, in particular, Section 31 of the 1940 Act and the rules thereunder. USBFS agrees that all such records
prepared or maintained by USBFS relating to the services to be performed by USBFS hereunder are the property of the Administrator and/or the Fund, as applicable, and will be preserved, maintained, and made available in accordance with such
applicable sections and rules of the 1940 Act and will be promptly surrendered to the Administrator and/or the Fund on and in accordance with its request. Fund on and in accordance with its request. USBFS agrees to provide any records necessary to
the Fund to comply with the Fund’s disclosure controls and procedures and internal control over financial reporting adopted in accordance with the SOX Act. Without limiting the generality of the foregoing, USBFS shall cooperate with the Fund
and assist the Fund, as necessary, by providing information to enable the appropriate officers of the Fund to (i) execute any required certifications and (ii) provide a report of management on the Fund’s internal control over
financial reporing (as defined in Sections 13a-15(f) or 15a-15(f) of the 1934 Act). Notwithstanding the foregoing, USBFS may retain such copies of such records in such
form as may be required to comply with any applicable law, rule, regulation, or order of any governmental, regulatory, or judicial authority of competent jurisdiction. 
  

	9.	 Governing Law 

This Agreement shall be construed in accordance with the laws of the State of New York, without regard to conflicts of law principles. To the
extent that the applicable laws of the State of New York, or any of the provisions herein, conflict with the applicable provisions of the 1940 Act, the latter shall control, and nothing herein shall be construed in a manner inconsistent with the
1940 Act or any rule or order of the SEC thereunder. 
  

	10.	 Duties in the Event of Termination 

In the event that, in connection with termination, a successor to any of USBFS’ duties or responsibilities hereunder is designated by the
Administrator by written notice to USBFS, USBFS will promptly, upon such termination, except in the case of a material breach by USBFS, in which case all expenses should be borne by USBFS, and at the expense of the Administrator, transfer to such
successor all relevant books, records, correspondence, and other data established or maintained by USBFS under this Agreement in a form reasonably acceptable to the Administrator (if such form differs from the form in which USBFS has maintained the
same, the Administrator shall pay any reasonable and documented expenses associated with transferring the data to such form), and will cooperate in the transfer of such duties and responsibilities, including provision for assistance from USBFS’
personnel in the establishment of books, records, and other data by such successor. If no such successor is designated, then such books, records and other data shall be returned to the Administrator. The Administrator shall also pay any fees
associated with record retention and/or tax reporting obligations that USBFS is obligated under applicable law, regulation, or rule to continue following the termination. 

  
 10 

	11.	 No Agency Relationship 

USBFS shall for all purposes herein be deemed to be an independent contractor and shall, unless otherwise expressly provided or authorized
herein, have no authority to act for or represent the Administrator or the Fund in any way or otherwise be deemed an agent of the Administrator or the Fund, or conduct business in the name, or for the account, of the Administrator or the Fund. 

 

	12.	 Data Necessary to Perform Services 

The Administrator or its agents shall furnish to USBFS the data necessary to perform the services described herein at such times and in such
form as mutually agreed upon. If USBFS is also acting in another capacity for the Administrator or the Fund, nothing herein shall be deemed to relieve USBFS of any of its obligations in such capacity. 

 

	13.	 Assignment 

This Agreement may not be assigned by either party without the prior written consent of the other party. 

 

	14.	 Compliance with Laws 

The Administrator has and retains primary responsibility for all compliance matters relating to the Fund, including but not limited to
compliance with the 1940 Act, the Internal Revenue Code of 1986, as amended, the SOX Act, the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism of 2001 and the policies and limitations of
the Fund related to its portfolio investments as set forth in its registration statement. USBFS’ services hereunder shall not relieve the Administrator of its responsibilities for assuring such compliance or the Board of Directors’
oversight responsibility with respect thereto. 
 The foregoing shall not affect USBFS’ responsibilities for compliance and related
matters delegated to USBFS as expressly provided herein. USBFS shall comply with changes to all regulatory requirements affecting its services hereunder and shall implement any necessary modifications to the services prior to the deadline imposed,
or extensions authorized by, the regulatory or other governmental body having jurisdiction for such regulatory requirements. 
  

	15.	 Legal-Related Services 

Nothing in this Agreement shall be deemed to appoint USBFS and its officers, directors and employees as the Administrator’s or the
Fund’ attorneys, form attorney-client relationships or require the provision of legal advice. The Administrator acknowledges that in-house USBFS attorneys exclusively represent USBFS and rely on outside
counsel 

  
 11 

 
retained by the Administrator or the Fund to review all services provided by in-house USBFS attorneys and to provide independent judgment on the
Administrator’s or the Fund’s behalf. Because no attorney-client relationship exists between in-house USBFS attorneys and the Administrator or the Fund, any information provided to USBFS attorneys
may not be privileged and may be subject to compulsory disclosure under certain circumstances. USBFS represents that it will maintain the confidentiality of information disclosed to its in-house attorneys on a
best efforts basis. 
  

	16.	 Notices 

Any notice required or permitted to be given by either party to the other shall be in writing and shall be deemed to have been given on the
date delivered personally or by courier service, or three days after sent by registered or certified mail, postage prepaid, return receipt requested, or on the date sent and confirmed received by facsimile (so long as no error message is received in
response thereto) transmission to the other party’s address set forth below: 
 Notice to USBFS shall be sent to: 

U.S. Bancorp Fund Services, LLC 

777 East Wisconsin Avenue 
 MK-WI-J1S 
 Milwaukee, WI 53202 

Facsimile: 866.234.6576 
 and
notice to the Administrator shall be sent to: 
 Stone Point Credit Adviser LLC 

20 Horseneck Lane 
 Greenwich,
Connecticut 06830 
 Attn: Gene Basov 

Email: gbasov@stonepoint.com 

  
 12 

	17.	 No Third Party Rights 

Nothing expressed or referred to in this Agreement will be construed to give any third party (including, without limitation, shareholders of
any Fund) any legal or equitable right, remedy or claim under or with respect to this Agreement. 
  

	18.	 Multiple Originals 

This Agreement may be executed in two or more counterparts, each of which when so executed shall be deemed to be an original, but such
counterparts shall together constitute but one and the same instrument. 
  

	19.	 Entire Agreement 

This Agreement, together with any exhibits, attachments, appendices or schedules expressly referenced herein, constitutes the entire agreement
of the parties with respect to the subject matter hereof and supersedes all prior agreements, arrangements and understandings, whether written or oral. 

  
 13 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by a duly
authorized officer on one or more counterparts as of the date written above. 
  

											
	Stone Point Credit Adviser LLC	 		 		 	U.S. Bancorp Fund Services, LLC
						
	By:	 	 /s/ Gene Basov
	 		 		 	By:	 	 /s/ Anita Zagrodnik

						
	Name:	 	 Gene Basov
	 		 		 	Name:	 	 Anita Zagrodnik

						
	Title:	 	 Chief Financial Officer
	 		 		 	Title:	 	 Senior Vice President

						
	Date:	 	November 30, 2020	 		 		 	Date:	 	 12/7/2020

  
 14

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