Document:

EX-10.4

 Exhibit 10.4 

DIVIDEND REINVESTMENT PLAN 

OF 
 STONE POINT CREDIT
CORPORATION 
 Stone Point Credit Corporation, a Delaware corporation (the “Corporation”), has adopted the following
plan (the “Plan”), to be administered by [ ] and its affiliates (the “Plan Administrator”), with respect to dividends and other distributions declared by its Board of Directors on shares of its common stock, par
value $0.001 per share (the “Common Stock”). 
 Participation requires no action on the part of a stockholder, and a
stockholder who does not wish to participate must “opt out” of the Plan, thereby electing to receive cash dividends. The elections of stockholders that make an election prior to any listing of the Corporation’s Common Stock on a
national securities exchange (an “Exchange Listing”) shall remain effective after the Exchange Listing. 

1.    All cash dividends or other distributions hereafter declared by the Board of Directors, net of any
applicable withholding tax, shall be automatically reinvested in additional shares of Common Stock, and no action shall be required on such Participant’s part to receive a distribution in Common Stock. 

2.    Such distributions shall be payable on such date or dates as may be fixed from time to time by the
Board of Directors to stockholders of record at the close of business on the record date established by the Board of Directors for the distribution involved. The Corporation generally expects for the record date to be the last calendar day of each
calendar quarter and the payment date to be the end of the first month of the subsequent quarter, subject to the discretion of the Board of Directors. 

3.    With respect to each distribution pursuant to this Plan, the Board of Directors reserves the right,
subject to the provisions of the Investment Company Act of 1940, as amended, to either issue new shares of Common Stock or to make open market purchases of its shares for the accounts of Participants. The Corporation intends to use primarily newly
issued shares of its Common Stock to implement the Plan, so long as shares of its Common Stock are trading at or above net asset value. If shares of its Common Stock are trading below net asset value, the Corporation intends, to the extent permitted
by law and after taking into account any additional expenses related to open market purchases, to purchase shares in the open market in connection with the implementation of the Plan. However, the Corporation reserves the right to issue new shares
of its Common Stock in connection with its obligations under the Plan even if shares of its Common Stock are trading below net asset value. If newly issued shares are used to implement the Plan, the number of shares of Common Stock to be issued to a
Participant is determined by dividing the total dollar amount of the distribution payable to such stockholder by the market price per share of Common Stock at the close of regular trading on the New York Stock Exchange on the payment date subject to
the adjustments described below. The market price per share of Common Stock on a particular date shall be the closing price for such shares on the New York Stock Exchange on such date or, if no sale is reported for such date, at the average of their
reported bid and asked prices. However, if the market price per share exceeds the most recently computed net asset value per share, the Corporation shall issue shares at the greater of (i) the most recently computed net asset value per share
and (ii) 95% of the current market price per share. If shares of Common Stock are purchased in the open market to implement this Plan, the number of shares to be issued to a stockholder shall be determined by dividing the dollar amount of the cash
dividend payable to such stockholder by the weighted average price per share for all shares purchased by the Plan Administrator in the open market in connection with the dividend. The number of shares of Common Stock to be outstanding after giving
effect to payment of the dividend cannot be established until the value per share at which additional shares will be issued has been determined and elections of the stockholders have been tabulated. 

 4.    The Plan Administrator shall establish an account
for shares of Common Stock acquired pursuant to the Plan for each Participant. The Plan Administrator shall hold each Participant’s shares, together with the shares of other Participants, in
non-certificated form. The Plan Administrator shall not issue share certificates to any Participant. 

5.    The Plan Administrator shall confirm to each Participant each acquisition made pursuant to the Plan
as soon as practicable but not later than 30 business days after the payable date. Each Participant may from time to time have an undivided fractional interest (computed to three decimal places) in a share of Common Stock, and distributions on
fractional shares shall be credited to each Participant’s account. In the event of termination of a Participant’s account under the Plan, the Plan Administrator shall adjust for any such undivided fractional interest in cash at the market
value of the shares of Common Stock at the time of termination determined in accordance with Paragraph 3 hereof; provided, that, prior to an Exchange Listing, the market value shall be the applicable price per share of Common Stock determined
by the Board of Directors. 
 6.    In the event that the Corporation makes available to its stockholders
rights to purchase additional shares or other securities, the shares held by the Plan Administrator for each Participant under the Plan shall be added to any other shares held by the Participant in calculating the number of rights to be issued to
the Participant. Transaction processing may be either curtailed or suspended until the completion of any stock dividend, stock split or corporate action. 

7.    The Plan Administrator’s service fee, if any, and expenses for administering the Plan shall be
paid for by the Corporation. Except as explicitly provided herein, there will be no brokerage charges or other charges to Participants. 

8.    Each Participant may elect to receive an entire distribution in cash by notifying the Plan
Administrator in writing so that such notice is received by the Plan Administrator no later than the record date for such distribution to stockholders. 

9.    Each Participant may terminate the Participant’s account under the Plan by so notifying the Plan
Administrator by submitting a letter of instruction terminating the Participant’s account under the Plan to the Plan Administrator. Such termination shall be effective immediately if the Participant’s notice is received by the Plan
Administrator at least three days prior to any distribution date; otherwise, such termination shall be effective only with respect to any subsequent distribution. The Plan may be terminated or amended by the Corporation upon notice in writing mailed
to each Participant at least 30 days prior to any record date for the payment of any dividend by the Corporation. Upon any termination, the Plan Administrator shall cause the shares of Common Stock held for the Participant under the Plan to be
delivered to the Participant. 

  
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 10.    These terms and conditions may be amended or
supplemented by the Corporation at any time but, except when necessary or appropriate to comply with applicable law or the rules or policies of the Securities and Exchange Commission or any other regulatory authority, only by mailing to each
Participant appropriate written notice at least 30 days prior to the effective date thereof. The amendment or supplement shall be deemed to be accepted by each Participant unless, prior to the effective date thereof, the Plan Administrator receives
written notice of the termination of the Participant’s account under the Plan. Any such amendment may include an appointment by the Plan Administrator in its place and stead of a successor agent under these terms and conditions, with full power
and authority to perform all or any of the acts to be performed by the Plan Administrator under these terms and conditions. Upon any such appointment of any agent for the purpose of receiving distributions, the Corporation shall be authorized to pay
to such successor agent, for each Participant’s account, all distributions payable on shares of the Corporation held in the Participant’s name or under the Plan for retention or application by such successor agent as provided in these
terms and conditions. 
 11.    The Plan Administrator shall at all times act in good faith and use its
best efforts within reasonable limits to ensure its full and timely performance of all services to be performed by it with respect to purchases and sales of the Corporation’s Common Stock under this Plan and to comply with applicable law, but
assumes no responsibility and shall not be liable for loss or damage due to errors unless such error is caused by the Plan Administrator’s negligence, bad faith or willful misconduct or that of its employees or agents. 

12.    These terms and conditions shall be governed by the laws of the State of [Delaware]. 

[●], 2020 

  
 -3-EX-10.5

 Exhibit 10.5 

INDEMNIFICATION AGREEMENT 

This Indemnification Agreement (the “Agreement”) is made and entered into this [●] day of [●], 2020, by and
between Stone Point Credit Corporation, a Delaware corporation (the “Company”), on behalf of itself, its Subsidiaries (as defined in Section 1(h) below), and [Indemnitee] (the “Indemnitee”). 

WHEREAS, it is essential to the Company that it be able to retain and attract as directors the most capable persons available; 

WHEREAS, increased corporate litigation has subjected directors to litigation risks and expenses, and the limitations on the availability of
directors and officers liability insurance have made it increasingly difficult to attract and retain such persons; 
 WHEREAS, the
Company’s charter provides that the Company may indemnify its directors to the fullest extent permitted by law; 
 WHEREAS, the
Company desires to provide Indemnitee with specific contractual assurance of Indemnitee’s rights to full indemnification against litigation risks and expenses; and 

WHEREAS, Indemnitee is relying upon the rights afforded under this Agreement in becoming or continuing as a director of the Company.

 NOW, THEREFORE, in consideration of the promises and the covenants contained herein, the Company and Indemnitee do hereby covenant and
agree as follows: 
 1.    Definitions. 

(a)    “1940 Act” means the Investment Company Act of 1940, as amended. 

(b)    “Corporate Status” describes the status of a person who is serving or has served (i) as a
director of the Company or (ii) as a director of any other Entity at the request of the Company. For purposes of subsection (ii) of this Section 1(b), if Indemnitee is serving or has served as a director, trustee, officer,
partner, manager, managing member, fiduciary, employee or agent of a Subsidiary (as defined below), Indemnitee shall be deemed to be serving at the request of the Company. If Indemnitee is an officer of the Company, Corporate Status shall not
include actions taken by Indemnitee in any capacity other than as a director (except as provided in subsection (ii) of this definition). 

(c)    “Entity” shall mean any corporation, partnership, limited liability company, joint venture, trust,
foundation, association, organization or other legal entity. 
 (d)    “Expenses” shall mean all
reasonable and out-of-pocket fees, costs and expenses incurred by Indemnitee in connection with prosecuting, defending, preparing to prosecute or defend, investigating,
being or preparing to be a witness in or otherwise participating in any Proceeding (as defined below), including, without limitation, attorneys’ fees, disbursements and retainers (including, without limitation, any such fees, disbursements and
retainers incurred by Indemnitee pursuant to Sections 11 and 12(c)), fees and disbursements of expert witnesses, private investigators, professional advisors (including, without limitation, accountants and investment bankers), court costs,
transcript costs, fees of experts, travel expenses, duplicating, printing and binding costs, telephone and fax transmission charges, postage, delivery services, secretarial services, and other disbursements and expenses. 

  
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 (e)    “Indemnifiable Expenses,” “Indemnifiable
Liabilities” and “Indemnifiable Amounts” shall have the meanings ascribed to those terms in Section 3(a). 

(f)    “Liabilities” shall mean judgments, damages, liabilities, losses, penalties, excise taxes, fines
and amounts paid in settlement. 
 (g)    “Proceeding” shall mean any threatened, pending or completed
claim, action, suit, arbitration, alternate dispute resolution process, investigation, administrative hearing, appeal, or any other proceeding, whether civil, criminal, administrative, arbitrative or investigative, whether formal or informal,
including a proceeding initiated by Indemnitee pursuant to Section 11 to enforce Indemnitee’s rights hereunder. 

(h)    “Subsidiary” shall mean any Entity of which the Company owns (either directly or through or
together with another Subsidiary of the Company) either (i) a general partner, managing member or other similar interest or (ii) (A) 50% or more of the voting power of the voting capital equity interests of such Entity, and/or (B) 50% or more
of the outstanding voting capital stock or other voting equity interests of such Entity. 
 2.    Services of
Indemnitee. In consideration of the Company’s covenants and commitments hereunder, Indemnitee agrees to serve or continue to serve as a director of the Company. However, this Agreement shall not impose any obligation on Indemnitee or the
Company to continue Indemnitee’s service to the Company beyond any period otherwise required by law or by other agreements or commitments of the parties, if any. 

3.    Agreement to Indemnify. The Company agrees to indemnify Indemnitee as follows: 

(a)    Proceedings Other Than by or in the Right of the Company. Subject to the exceptions contained in
Section 4(a) and in a manner consistent with applicable law, including the 1940 Act, if Indemnitee was or is a party or is threatened to be made a party to any Proceeding (other than an action by or in the right of the Company) by reason of
Indemnitee’s Corporate Status, Indemnitee shall be indemnified by the Company against all Expenses and Liabilities incurred or paid by Indemnitee in connection with such Proceeding (referred to herein as “Indemnifiable
Expenses” and “Indemnifiable Liabilities,” respectively, and collectively as “Indemnifiable Amounts”). Notwithstanding the foregoing, no Indemnitee shall be entitled to indemnification under this
Section 3(a) for liability which arose as a result of Indemnitee’s willful misfeasance, bad faith, gross negligence or reckless disregard of the duties involved in the conduct of his or her office. 

(b)    Proceedings by or in the Right of the Company. Subject to the exceptions contained in Section 4(b) and
in a manner consistent with applicable law, including the 1940 Act, if Indemnitee was or is a party or is threatened to be made a party to any Proceeding by or in the right of the Company by reason of Indemnitee’s Corporate Status, Indemnitee
shall be indemnified by the Company against all Indemnifiable Expenses. Notwithstanding the foregoing, no Indemnitee shall be entitled to indemnification under this Section 3(b) for liability which arose as a result of Indemnitee’s willful
misfeasance, bad faith, gross negligence or reckless disregard of the duties involved in the conduct of his or her office. 

(c)    Conclusive Presumption Regarding Standard of Care. In making any determination required to be made under
Delaware law with respect to entitlement to indemnification hereunder, the person, persons or entity making such determination shall presume that Indemnitee is entitled to indemnification under this Agreement if Indemnitee submitted a request
therefor in accordance with Section 5, and the Company shall have the burden of rebutting that presumption in connection with the making by any person, persons or entity of any determination contrary to that presumption in a manner consistent
with the 1940 Act. 

  
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 4.    Exceptions to Indemnification. Subject to Section 20,
Indemnitee shall be entitled to indemnification under Sections 3(a) and 3(b) above in all circumstances and with respect to each and every specific claim, issue or matter involved in the Proceeding out of which Indemnitee’s claim for
indemnification has arisen, except as follows: 
 (a)    Proceedings Other Than by or in the Right of the
Company. If indemnification is requested under Section 3(a) and it has been finally adjudicated by a court of competent jurisdiction that, in connection with such specific claim, issue or matter, Indemnitee failed to act (i) in good
faith and (ii) in a manner Indemnitee reasonably believed to be in or not opposed to the best interests of the Company, or, with respect to any criminal Proceeding, Indemnitee had reasonable cause to believe that Indemnitee’s conduct was
unlawful, Indemnitee shall not be entitled to payment of Indemnifiable Amounts hereunder to the extent that they arise out of such claim, issue or matter. 

(b)    Proceedings by or in the Right of the Company. If indemnification is requested under Section 3(b) and

 (i)     it has been finally adjudicated by a court of competent jurisdiction that, in connection with such specific
claim, issue or matter, Indemnitee failed to act (A) in good faith and (B) in a manner Indemnitee reasonably believed to be in or not opposed to the best interests of the Company, Indemnitee shall not be entitled to payment of
Indemnifiable Expenses hereunder to the extent that they arise out of such claim, issue or matter; 
 (ii)     it has
been finally adjudicated by a court of competent jurisdiction that Indemnitee is liable to the Company with respect to such specific claim, Indemnitee shall not be entitled to payment of Indemnifiable Expenses hereunder with respect to such claim,
issue or matter unless the district court or another court in which such Proceeding was brought shall determine upon application that, despite the adjudication of liability, but in view of all the circumstances of the case, Indemnitee is fairly and
reasonably entitled to indemnification for such Indemnifiable Expenses that such court shall deem proper; or 
 (iii)
    it has been finally adjudicated by a court of competent jurisdiction that Indemnitee is liable to the Company for an accounting of profits made from the purchase or sale by Indemnitee of securities of the Company pursuant to
the provisions of Section 16(b) of the Securities Exchange Act of 1934, as amended, the rules and regulations promulgated thereunder and amendments thereto or similar provisions of any federal, state or local statutory law, Indemnitee shall not
be entitled to payment of Indemnifiable Expenses hereunder. 
 (c)    Insurance Proceeds. To the extent payment
is actually made to Indemnitee under a valid and collectible insurance policy maintained at the expense of the Company in respect of Indemnifiable Amounts in connection with such specific claim, issue or matter, Indemnitee shall not be entitled to
payment of Indemnifiable Amounts hereunder except in respect of any excess of such Indemnifiable Amounts beyond the amount of payment under such insurance. 

  
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 5.    Procedure for Payment of Indemnifiable Amounts. Indemnitee
shall submit to the Company a written request specifying the Indemnifiable Amounts for which Indemnitee seeks payment under Section 3 and the basis for the claim. The Company shall pay such Indemnifiable Amounts to Indemnitee promptly, but in
no event later than ten (10) calendar days after receipt of such request. At the request of the Company, Indemnitee shall furnish such documentation and information as are reasonably available to Indemnitee and necessary to establish that
Indemnitee is entitled to indemnification hereunder. 
 6.    Indemnification for Expenses of a Party Who is Wholly
or Partially Successful. Notwithstanding any other provision of this Agreement, and without limiting any such provision, to the extent that Indemnitee is, by reason of Indemnitee’s Corporate Status, a party to and is successful, on the
merits or otherwise, in any Proceeding, Indemnitee shall be indemnified against all Expenses incurred by Indemnitee or on Indemnitee’s behalf in connection therewith. If Indemnitee is not wholly successful in such Proceeding but is successful,
on the merits or otherwise, as to one or more but less than all claims, issues or matters in such Proceeding, the Company shall indemnify Indemnitee against all Expenses incurred by Indemnitee or on Indemnitee’s behalf in connection with each
successfully resolved claim, issue or matter. For purposes of this Agreement, the termination of any claim, issue or matter in such a Proceeding by dismissal, with or without prejudice, by reason of settlement, judgment, order or otherwise, shall be
deemed to be a successful result as to such claim, issue or matter. 
 7.    Effect of Certain Resolutions.
Neither the settlement nor termination of any Proceeding nor the failure of the Company to award indemnification or to determine that indemnification is payable shall create a presumption that Indemnitee is not entitled to indemnification hereunder.
In addition, the termination of any Proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not create a presumption that Indemnitee did not meet the requisite standard of conduct described
herein for indemnification. 
 8.    Agreement to Advance Expenses; Undertaking. In a manner consistent with
applicable law, including the 1940 Act, the Company shall advance all Expenses incurred by or on behalf of Indemnitee in connection with any Proceeding, including a Proceeding by or in the right of the Company, in which Indemnitee is involved by
reason of such Indemnitee’s Corporate Status within ten (10) calendar days after the receipt by the Company of a written statement from Indemnitee requesting such advance or advances from time to time, whether prior to or after final
disposition of such Proceeding. Advances shall be unsecured and interest free. Advances shall be made without regard to Indemnitee’s ability to repay the expenses and without regard to Indemnitee’s ultimate entitlement to indemnification
under the other provisions of this Agreement. To the extent required by Delaware law and the 1940 Act, Indemnitee hereby undertakes to repay any and all of the amount of Indemnifiable Expenses paid to Indemnitee if it is finally determined by a
court of competent jurisdiction that Indemnitee is not entitled under this Agreement to indemnification with respect to such Expenses. This undertaking is an unlimited general obligation of Indemnitee. 

9.    Procedure for Advance Payment of Expenses. Indemnitee shall submit to the Company a written request
specifying the Indemnifiable Expenses for which Indemnitee seeks an advancement under Section 8, together with documentation evidencing that Indemnitee has incurred such Indemnifiable Expenses. 

10.    Indemnification for Expenses of a Witness. Notwithstanding any other provision of this Agreement, to the
extent that Indemnitee is, by reason of his or her Corporate Status, a witness in any Proceeding to which Indemnitee is not a party, he or she shall be indemnified against all Expenses actually and reasonably incurred by him or her on his or her
behalf in connection therewith. 

  
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 11.    Remedies of Indemnitee. 

(a)    Right to Petition Court. In the event that Indemnitee makes a request for payment of Indemnifiable Amounts
under Sections 3 and 5 or a request for an advancement of Indemnifiable Expenses under Sections 8 and 9 and the Company fails to make such payment or advancement in a timely manner pursuant to the terms of this Agreement, Indemnitee may
petition the district court to enforce the Company’s obligations under this Agreement. 
 (b)    Burden of
Proof. In any judicial proceeding brought under Section 11(a), the Company shall have the burden of proving that Indemnitee is not entitled to payment of Indemnifiable Amounts hereunder. 

(c)    Expenses. In a manner consistent with applicable law, including the 1940 Act, the Company agrees to
reimburse Indemnitee in full for any Expenses incurred by Indemnitee in connection with investigating, preparing for, litigating, defending or settling any action brought by Indemnitee under Section 11(a), or in connection with any claim or
counterclaim brought by the Company in connection therewith, whether or not Indemnitee is successful in whole or in part in connection with any such action, except to the extent that it has been finally adjudicated by a court of competent
jurisdiction that such reimbursement would be unlawful. 
 (d)    Failure to Act Not a Defense. The failure of
the Company (including its Board of Directors or any committee thereof, independent legal counsel, or stockholders) to make a determination concerning the permissibility of the payment of Indemnifiable Amounts or the advancement of Indemnifiable
Expenses under this Agreement shall not be a defense in any action brought under Section 11(a), and shall not create a presumption that such payment or advancement is not permissible. 

12.    Defense of the Underlying Proceeding. 

(a)    Notice by Indemnitee. Indemnitee agrees to notify the Company promptly upon being served with any summons,
citation, subpoena, complaint, indictment, information, or other document relating to any Proceeding which may result in the payment of Indemnifiable Amounts or the advancement of Indemnifiable Expenses hereunder; provided, however, that the failure
to give any such notice shall not disqualify Indemnitee from the right, or otherwise affect in any manner any right of Indemnitee, to receive payments of Indemnifiable Amounts or advancements of Indemnifiable Expenses unless the Company’s
ability to defend in such Proceeding is materially and adversely prejudiced thereby. 
 (b)    Defense by
Company. Subject to the provisions of the last sentence of this Section 12(b) and of Section 12(c), the Company shall have the right to defend Indemnitee in any Proceeding which may give rise to the payment of Indemnifiable Amounts
hereunder; provided, however that the Company shall notify Indemnitee of any such decision to defend within ten (10) calendar days of receipt of notice of any such Proceeding under Section 12(a). The Company shall not, without the prior
written consent of Indemnitee, consent to the entry of any judgment against Indemnitee or enter into any settlement or compromise which (i) includes an admission of fault of Indemnitee or (ii) does not include, as an unconditional term
thereof, the full release of Indemnitee from all liability in respect of such Proceeding, which release shall be in form and substance reasonably satisfactory to Indemnitee. This Section 12(b) shall not apply to a Proceeding brought by
Indemnitee under Section 11(a) or pursuant to Section 20. 

  
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 (c)    Indemnitee’s Right to Counsel.
Notwithstanding the provisions of Section 12(b), if in a Proceeding to which Indemnitee is a party by reason of Indemnitee’s Corporate Status, (i) Indemnitee reasonably concludes that he or she may have separate defenses or
counterclaims to assert with respect to any issue that may not be consistent with the position of other defendants in such Proceeding, (ii) a conflict of interest or potential conflict of interest exists between Indemnitee and the Company, or
(iii) if the Company fails to assume the defense of such proceeding in a timely manner, Indemnitee shall be entitled to be represented by separate legal counsel of Indemnitee’s choice at the expense of the Company. In addition, if the
Company fails to comply with any of its obligations under this Agreement or in the event that the Company or any other person takes any action to declare this Agreement void or unenforceable, or institutes any action, suit or proceeding to deny or
to recover from Indemnitee the benefits intended to be provided to Indemnitee hereunder, Indemnitee shall have the right to retain counsel of Indemnitee’s choice, at the expense of the Company, to represent Indemnitee in connection with any
such matter and the Expenses incurred by Indemnitee in any such matter shall constitute Indemnifiable Expenses. 

13.    Representations and Warranties of the Company. The Company hereby represents and warrants to Indemnitee as
follows: 
 (a)    Authority. The Company has all necessary power and authority to enter into, and be bound by the terms
of, this Agreement, and the execution, delivery and performance of the undertakings contemplated by this Agreement have been duly authorized by the Company. 

(b)    Enforceability. This Agreement, when executed and delivered by the Company in accordance with the provisions
hereof, shall be a legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, moratorium, reorganization or
similar laws affecting the enforcement of creditors’ rights generally. 
 14.    Insurance. The Company will
use its reasonable best efforts to acquire directors and officers liability insurance, on terms and conditions deemed appropriate by the Board of Directors, with a reputable insurance company providing Indemnitee with coverage for losses from
wrongful acts. For so long as Indemnitee shall have Corporate Status, Indemnitee shall be named as an insured in all policies of director and officer liability insurance in such a manner as to provide Indemnitee the same rights and benefits as are
accorded to the most favorably insured of the Company’s officers and directors. If, at the time of the receipt of a notice of a claim pursuant to the terms of this Agreement, the Company has director and officer liability insurance in effect,
the Company shall give prompt notice of the commencement of such proceeding to the insurers in accordance with the procedures set forth in the respective policies. The Company shall thereafter take all necessary or desirable action to cause such
insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such proceeding in accordance with the terms of such policies. 

15.    Contract Rights Not Exclusive. The rights to payment of Indemnifiable Amounts and advancement of
Indemnifiable Expenses provided by this Agreement shall be in addition to, but not exclusive of, any other rights which Indemnitee may have at any time under applicable law, any governing documents of the Company or any other agreement, vote of
stockholders or directors (or a committee of directors), or otherwise, both as to action in Indemnitee’s official capacity and as to action in any other capacity as a result of Indemnitee’s serving as a director of the Company. 

16.    Successors. This Agreement shall be (a) binding upon all successors and assigns of the Company
(including any transferee of all or a substantial portion of the business, stock and/or assets of the Company and any direct or indirect successor by merger or consolidation or otherwise by operation of law) and (b) binding on and shall inure
to the benefit of the heirs, personal representatives, executors and administrators of Indemnitee. This Agreement shall continue for the benefit of Indemnitee and such heirs, personal representatives, executors and administrators after Indemnitee
has ceased to have Corporate Status. 

  
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 17.    Subrogation.  

(a)     [The Company hereby acknowledges that Indemnitee may have certain rights to indemnification, advancement of
expenses and/or insurance provided by Stone Point Credit Adviser LLC, and certain of its affiliates (collectively, the “Stone Point Indemnitors”). The Company hereby agrees (i) that, as between the Company and the Stone Point
Indemnitors, the Company is the indemnitor of first resort (i.e., its obligations to Indemnitee are primary and any obligation of the Stone Point Indemnitors to advance Expenses or to provide indemnification for the same Expenses or
liabilities incurred by Indemnitee are secondary), (ii) that the Company shall be required to advance the full amount of expenses incurred by Indemnitee and shall be liable for the full amount of Indemnifiable Amounts to the extent legally permitted
and as required by the terms of this Agreement and any governing documents of the Company (or any other agreement between the Company and Indemnitee), without regard to any rights Indemnitee may have against the Stone Point Indemnitors, and
(iii) that the Company irrevocably waives, relinquishes and releases the Stone Point Indemnitors from any and all claims against the Stone Point Indemnitors for contribution, subrogation or any other recovery of any kind in respect thereof. The
Company further agrees that no advancement or payment by the Stone Point Indemnitors on behalf of Indemnitee with respect to any claim for which Indemnitee has sought indemnification from the Company shall affect the foregoing and the Stone Point
Indemnitors shall have a right of contribution and/or be subrogated to the extent of such advancement or payment to all of the rights of recovery of Indemnitee against the Company. The Company and Indemnitee agree that the Stone Point Indemnitors
are express third-party beneficiaries of the terms of this Section 17(a).]1 

(b)    In the event of any payment of Indemnifiable Amounts under this Agreement, the Company shall be subrogated to the
extent of such payment to all of the rights of contribution or recovery of Indemnitee against other persons, and Indemnitee shall take, at the request of the Company, all reasonable action necessary to secure such rights, including the execution of
such documents as are necessary to enable the Company to bring suit to enforce such rights. 
 18.    Change in
Law. To the extent that a change in Delaware law or the 1940 Act (whether by statute or judicial decision) shall permit broader indemnification or advancement of expenses than is provided under the terms of this Agreement, Indemnitee shall be
entitled to such broader indemnification and advancements, and this Agreement shall be deemed to be amended to such extent. 

19.    Severability. Whenever possible, each provision of this Agreement shall be interpreted in such a manner as
to be effective and valid under applicable law, but if any provision of this Agreement, or any clause thereof, shall be determined by a court of competent jurisdiction to be illegal, invalid or unenforceable, in whole or in part, such provision or
clause shall be limited or modified in its application to the minimum extent necessary to make such provision or clause valid, legal and enforceable, and the remaining provisions and clauses of this Agreement shall remain fully enforceable and
binding on the parties. 
 20.    Indemnitee as Plaintiff. Except as provided in Section 11(b), Indemnitee
shall not be entitled to payment of Indemnifiable Amounts or advancement of Indemnifiable Expenses with respect to any Proceeding brought by Indemnitee against the Company, any Entity which it controls, any director or officer thereof, or any third
party, unless the Board of Directors of the Company has consented to the initiation of such Proceeding or the Company provides indemnification, in its sole discretion, pursuant to the powers vested in the Company. 

 
  

	1	 Note to Draft: To be inserted if Indemnitee is employed by or associated with Stone Point Credit Adviser
LLC or any of its affiliates 

  
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 21.    Duration. This Agreement shall continue until and
terminate on the later of (i) the date that Indemnitee shall have ceased to serve as a director of the Company or as a director of the Company and as a director, trustee, officer, partner, manager, managing member, fiduciary,
employee or agent of any other Entity that such person is or was serving in such capacity at the request of the Company and (ii) the date that Indemnitee is no longer subject to any actual or possible Proceeding (including any rights of appeal
thereto and any Proceeding commenced by Indemnitee pursuant to this Agreement). 
 22.    Modifications and Waivers;
Counterparts. Except as provided in Section 18 with respect to changes in Delaware law which broaden the right of Indemnitee to be indemnified by the Company or to receive advancements, no supplement, modification or amendment of this
Agreement shall be binding unless executed in writing by each of the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provisions of this Agreement (whether or not
similar), nor shall such waiver constitute a continuing waiver. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same Agreement. This
Agreement may also be executed and delivered by facsimile signature and in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. 

23.    General Notices. All notices, requests, demands and other communications hereunder shall be in writing and
shall be deemed to have been duly given (a) when delivered by hand, (b) when transmitted by facsimile and receipt is acknowledged during normal business hours, and if not, the next business day after transmission, or (c) if mailed by
certified or registered mail with postage prepaid, on the third business day after the date on which it is so mailed: 
  

	 	(i)	 If to Indemnitee, to: 

[Indemnitee] 
 [●] 

[●] 
 [●] 

Facsimile:[●] 
  

	 	(ii)	 If to the Company, to: 

Stone Point Credit Adviser LLC 

20 Horseneck Lane 
 Greenwich,
Connecticut 06830 
 Attention:
[                    ] 
 Email:
[                    ] 
 and 

Dechert LLP 
 1900 K St NW,

 Washington, DC 20006 

Attention: William Bielefeld 

Email: william.bielefeld@dechert.com 
 or to
such other address as may have been furnished in the same manner by any party to the others. 

  
 8 

 24.    [Governing Law; Consent to Jurisdiction; Service of
Process. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware without regard to its rules of conflict of laws. Each of the Company and Indemnitee hereby irrevocably and unconditionally consents
to submit to the exclusive jurisdiction of the courts of the State of Delaware and the courts of the United States of America located in the State of Delaware (the “Delaware Courts”) for any litigation arising out of or relating to
this Agreement and the transactions contemplated hereby (and agrees not to commence any litigation relating thereto except in such courts), waives any objection to the laying of venue of any such litigation in the Delaware Courts and agrees not to
plead or claim in any Delaware Court that such litigation brought therein has been brought in an inconvenient forum. Each of the parties hereto agrees, (a) to the extent such party is not otherwise subject to service of process in the State of
Delaware, to appoint and maintain an agent in the State of Delaware as such party’s agent for acceptance of legal process, and (b) that service of process may also be made on such party by prepaid certified mail with a proof of mailing
receipt validated by the United States Postal Service constituting evidence of valid service. Service made pursuant to (a) or (b) above shall have the same legal force and effect as if served upon such party personally within the State of
Delaware. For purposes of implementing the parties’ agreement to appoint and maintain an agent for service of process in the State of Delaware, each such party does hereby appoint The Corporation Trust Company, as such agent and each such party
hereby agrees to complete all actions necessary for such appointment.] 
 25.    Joinders. Subsidiaries of the
Company may from time to time join this Agreement by signing a joinder to this Agreement. The Company and all Subsidiaries that have joined this Agreement shall be jointly and severally liable for all obligations of the Company under this Agreement.

 [The remainder of this page is intentionally blank] 

  
 9 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first
written above. 
  

			
	STONE POINT CREDIT CORPORATION
		
	By:	 	
                    

	Name:	 	
	Title:	 	

 [Signature Page to Indemnification Agreement] 

 
	
	INDEMNITEE
	
	  

	[Indemnitee]

 [Signature Page to Indemnification Agreement]

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