Document:

EX-10.2

 Exhibit 10.2 

ADMINISTRATION AGREEMENT 

This Agreement (“Agreement”) is made as of [●], 2020 by and between Stone Point Credit Corporation, a Delaware
corporation (the “Company”), and Stone Point Credit Adviser LLC, a Delaware limited liability company (the “Administrator”). 

W I T N E S S E T H: 

WHEREAS, the Company is a newly organized closed-end management investment company that intends to
elect to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”); 

WHEREAS, the Company desires to retain the Administrator to provide administrative services to the Company in the manner and on the terms
hereinafter set forth; and 
 WHEREAS, the Administrator is willing to provide administrative services to the Company on the terms and
conditions hereafter set forth. 
 NOW, THEREFORE, in consideration of the premises and the covenants hereinafter contained and for other
good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, the Company and the Administrator hereby agree as follows: 
  

	1.	 Duties of the Administrator 

(a)    Engagement of Administrator. The Company hereby retains the Administrator to act as administrator of the
Company, and to furnish or arrange for others to furnish the administrative services, personnel and facilities described below, subject to review by and the overall control of the Board of Directors of the Company (the “Board”), for
the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such retention and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set
forth subject to the reimbursement of costs and expenses provided for below. The Administrator, and any others with whom the Administrator subcontracts to provide the services set forth herein, shall for all purposes herein be deemed to be
independent contractors of the Company and shall, unless otherwise expressly provided or authorized herein or in another contract with the Company, have no authority to act for or represent the Company in any way or otherwise be deemed agents of the
Company. 

 (b)    Services. The Administrator shall perform (or oversee, or
arrange for, the performance of) the administrative services necessary for the operation of the Company. Without limiting the generality of the foregoing, the Administrator shall provide the Company with office facilities, equipment, clerical,
bookkeeping, compliance, and record keeping services at such facilities and such other services as the Administrator, subject to review by the Board, shall from time to time determine to be necessary or useful to perform its obligations under this
Agreement. The Administrator shall also, on behalf of the Company, conduct relations with custodians, depositories, transfer agents, dividend disbursing agents, other stockholder servicing agents, accountants, attorneys, underwriters, brokers and
dealers, corporate fiduciaries, insurers, banks, and other persons in any other capacity deemed by the Administrator to be necessary or desirable. The Administrator shall make reports to the Board of its performance of its obligations hereunder and
shall furnish advice and recommendations with respect to such other aspects of the business and affairs of the Company as it shall determine to be desirable; provided, however, nothing herein shall be construed to require the
Administrator to, and the Administrator shall not, provide any advice or recommendation relating to the securities and other assets that the Company should purchase, retain or sell or provide any other investment advisory services to the Company
pursuant to this Agreement. The Administrator shall be responsible for the financial and other records that the Company is required to maintain, and under the 1940 Act, shall prepare, print and disseminate reports to stockholders, and reports and
other materials filed with the Securities and Exchange Commission (the “SEC”). In addition, the Administrator shall assist the Company in determining and publishing the Company’s net asset value, overseeing the preparation and
filing of the Company’s tax returns, and generally overseeing the payment of the Company’s expenses and the performance of administrative and professional services rendered to the Company by others. 

(c)    For the avoidance of any doubt, the parties agree that the Administrator is authorized without the consent of any
other person, to enter into such sub-administration agreements as the Administrator may determine to be necessary or desirable in order to carry out the services set forth in paragraph 1(b) of this Agreement.

  

	2.	 Records 

The Administrator agrees to maintain and keep all books, accounts and other records of the Company that relate to activities performed by the
Administrator hereunder and shall maintain and keep such books, accounts and records in accordance with the 1940 Act. In compliance with the requirements of Rule 31a-3 under the 1940 Act, the Administrator
agrees that all records which it maintains for the Company shall at all times remain the property of the Company, shall be readily accessible during normal business hours, and shall be promptly surrendered upon the termination of this Agreement or
otherwise on written request. The Administrator further agrees that all records which it maintains for the Company pursuant to Rule 31a-1 under the 1940 Act shall be preserved for the periods prescribed by
Rule 31a-2 under the 1940 Act unless any such records are earlier surrendered as provided above. Records shall be surrendered in usable machine-readable form. The Administrator shall have the right to retain
copies of such records subject to observance of its confidentiality obligations under this Agreement. 
  

	3.	 Confidentiality 

The parties hereto agree that each shall treat confidentially all information provided by each party to the other regarding its business and
operations. All confidential information provided by a party hereto, including nonpublic personal information (regulated pursuant to Regulation S-P), shall be used by any other party hereto solely for the
purpose of rendering services pursuant to this Agreement and, except as may be required in carrying out this Agreement, shall not be disclosed to any third party, without the prior consent of such providing party. The foregoing shall not be
applicable to any information that is publicly available when provided or thereafter becomes publicly available other than through a breach of this Agreement, or that is required to be disclosed by any regulatory authority, any authority or legal
counsel of the parties hereto, by judicial or administrative process, or otherwise by applicable law or regulation. 

  
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	4.	 Compensation; Allocation of Costs and Expenses 

(a)    In full consideration for the provision of the services provided by the Administrator under this Agreement, the
parties acknowledge that there shall be no separate fee paid in connection with the services provided, notwithstanding that the Company shall reimburse the Administrator, as soon as practicable following the end of each fiscal quarter, for the
Company’s allocable portion of certain expenses incurred by the Administrator in performing its obligations under this Agreement, including the Company’s allocable portion of the cost of the Chief Financial Officer and Chief Compliance
Officer of the Company, as well as the actual cost of goods and services used for the Company and obtained by the Administrator from entities not affiliated with the Company. The Administrator may also be reimbursed for the administrative services
necessary for the prudent operation of the Company performed by it on behalf of the Company; provided, however, the reimbursement shall be an amount equal to the Administrator’s actual cost; and provided, further, that such costs are reasonably
allocated to the Company on the basis of assets, revenues, time records or other method conforming with generally accepted accounting principles. 

(b)    The Company shall bear all costs and expenses that are incurred in its operation, administration and in the
execution of its transactions and are not specifically assumed by Stone Point Credit Adviser LLC (the “Adviser”) pursuant to that certain Investment Advisory Agreement, dated as of [●], 2020 (as in effect from time to time,
the “Investment Advisory Agreement”), by and between the Company and the Adviser. Costs and expenses to be borne by the Company include, but are not limited to, those relating to: the Company’s initial organization costs and
operating costs incurred prior to the filing of its election to be regulated as a BDC; the costs associated with any public or private offerings of the Company’s common stock and other securities; calculating individual asset values and the
Company’s net asset value (including the cost and expenses of any third-party valuation services); out-of-pocket expenses, including travel expenses, incurred by
the Adviser, or members of its investment team, or payable to third parties, performing due diligence on prospective portfolio companies and monitoring actual portfolio companies and, if necessary, enforcing the Company’s rights; the base
management fee and any incentive fees payable under the Investment Advisory Agreement; certain costs and expenses relating to distributions paid by the Company; administration fees payable under this Agreement and any
sub-administration agreements, including related expenses; debt service and other costs of borrowings or other financing arrangements; and the allocated costs incurred by the Adviser in providing managerial
assistance to those portfolio companies that request it; amounts payable to third parties relating to, or associated with, making or holding investments; the costs associated with subscriptions to data service, research-related subscriptions and
expenses and quotation equipment and services used in making or holding investments; transfer agent and custodial fees; costs of hedging; commissions and other compensation payable to brokers or dealers; federal and state registration fees;
any stock exchange listing fees and fees payable to rating agencies; the cost of effecting any sales and repurchases of the Company’s common stock and other securities; U.S. federal, state and local taxes; independent director fees and
expenses; costs of preparing financial statements and maintaining books and records, costs of preparing tax returns, costs of compliance with the Sarbanes-Oxley Act of 2002, as amended, and attestation and costs of filing reports or other documents
with the SEC (or other regulatory bodies) and other reporting and compliance costs, including registration and listing fees, and the compensation and expenses of professionals responsible for the preparation or review of the foregoing; the costs of
any reports, proxy statements or other notices to the Company’s stockholders (including printing and mailing costs), the costs of any stockholders’ meetings and the compensation of investor relations personnel responsible for the
preparation of the foregoing and related matters; the costs of specialty and custom software expense for monitoring risk, compliance and overall investments; the Company’s fidelity bond; any necessary insurance premiums; extraordinary expenses
(such as litigation or indemnification payments or amounts payable pursuant to any agreement to provide indemnification entered into by the Company); direct fees and expenses associated with independent audits, agency, consulting and legal costs;
costs of winding up; and all other expenses incurred by either the Administrator or the Company in connection with administering the Company’s business, including payments under this Agreement for administrative services that will be based upon
the Company’s allocable portion of overhead and other expenses incurred by the Administrator in carrying out its administrative services under this Agreement, including, but not limited to rent, the fees and expenses associated with performing
compliance functions, and the Company’s allocable portion of the costs of compensation paid to, or distributions received by, its Chief Financial Officer, Chief Compliance Officer, any of their respective staff who provide services to the
Company and any internal audit staff, to the extent internal audit performs a role in the Company’s internal control assessments. The presence of an item in or its absence from the foregoing list, on the one hand, and the list of Company
expenses set forth in [Section 2(b)] of the Investment Advisory Agreement, on the other, shall in no way be construed to limit the responsibility of the Company for such expense under either agreement. 

  
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 For avoidance of doubt, it is agreed and understood that, from time to time, the Administrator or its
affiliates may pay amounts or bear costs properly constituting Company expenses as set forth herein or otherwise and that the Company shall reimburse the Administrator or its affiliates for all such costs and expenses that have been paid by the
Administrator or its affiliates on behalf of the Company. The Administrator shall have the right to elect to waive all or a portion of the reimbursement of such costs and expenses as Administrator is entitled to be paid by the Company under this
Agreement. 
  

	5.	 Limitation of Liability of the Administrator; Indemnification 

(a)    The Administrator (and its officers, managers, partners, agents, employees, controlling persons, members, and any
other person or entity affiliated with the Administrator or the Adviser to the extent that it is providing services for or otherwise acting on behalf of the Administrator, Adviser or the Company) shall not be liable to the Company for any action
taken or omitted to be taken by the Administrator or such other person in connection with the performance of any of the Administrator’s duties or obligations under this Agreement or otherwise as administrator for the Company, and the Company
shall indemnify, defend and protect the Administrator (and its officers, managers, partners, agents, employees, controlling persons, members, and any other person or entity affiliated with the Administrator or the Adviser, each of whom shall be
deemed a third party beneficiary hereof) (each, individually, an “Indemnified Party” and collectively, the “Indemnified Parties”) and hold each of them harmless from and against all damages, liabilities,
costs and expenses (including reasonable attorneys’ fees and amounts reasonably paid in settlement) incurred by any of them in or by reason of any pending, threatened or completed action, suit, investigation or other proceeding (including an
action or suit by or in the right of the Company or its security holders) arising out of or otherwise based upon the performance in good faith of any of the Administrator’s duties or obligations under this Agreement or otherwise as
administrator for the Company. The Company’s indemnification of Indemnified Parties shall, to the extent not in conflict with such insurance policy, be secondary to any and all payment to which any Indemnified Party is entitled from any
relevant insurance policy issued to or for the benefit of the Company and its affiliates or any Indemnified Party. The Company’s indemnification of the Indemnified Parties shall also be secondary to any payment pursuant to any other
indemnification obligation of any other relevant entity or person, including under any insurance policy issued to or for the benefit of such other entity or person, in all cases, to the extent not in conflict with the applicable other
indemnification or insurance contract. In the event of payment by the Company under this Agreement and pursuant to its indemnification obligations, the Company shall be subrogated to the extent of such payment to all of the rights of recovery of the
Indemnified Parties, including the rights of any Indemnified Party under any insurance policies.

  
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 (b)    For any claims indemnified by the Company under
Section 5(a) above, to the fullest extent permitted by, and subject to the applicable conditions of, law, the Company shall promptly pay expenses (including legal fees and expenses) incurred by any Indemnified Party in
appearing at, participating in or defending any action, suit, claim, demand or proceeding in advance of the final disposition of such action, suit, claim, demand or proceeding, including appeals, within 30 days after receipt by the Company of a
statement or statements from the Indemnified Party requesting such advance or advances from time to time. Each Indemnified Party hereby undertakes to repay any amounts advanced on its behalf (without interest) to the extent that it is
ultimately determined that the Indemnified Party is not entitled under this Agreement to be indemnified by the Company. Such undertaking shall be unsecured and accepted without reference to the financial ability of the Indemnified Parties to
make repayment and without regard to the Indemnified Parties’ ultimate entitlement to indemnification under the other provisions of this Agreement. No other form of undertaking shall be required of the Indemnified Parties other than the
execution of this Agreement.
 (c)    Notwithstanding anything in provisions of this Section 5
to the contrary, nothing contained herein shall protect or be deemed to protect any of the Indemnified Parties against, or entitle or be deemed to entitle any of the Indemnified Parties to indemnification in respect of, any Losses to the Company or
its security holders to which the Indemnified Parties would otherwise be subject primarily attributable to the willful misfeasance, bad faith or gross negligence in the performance of the Administrator’s duties or by reason of the reckless
disregard of the Administrator’s duties and obligations under this Agreement (to the extent applicable, as the same shall be determined in accordance with the 1940 Act and any interpretations or guidance by the SEC or its staff thereunder).

 In addition, notwithstanding any of the foregoing to the contrary, the provisions of this Section 5 shall not
be construed so as to provide for the indemnification of any Indemnified Party for any liability (including liability under federal securities laws which, under certain circumstances, impose liability even on persons that act in good faith), to the
extent (but only to the extent) that such indemnification would be in violation of applicable law, but shall be construed so as to effectuate the provisions of this Section 5 to the fullest extent permitted by law. 

  
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	6.	 Activities of the Administrator 

The services of the Administrator to the Company are not to be deemed to be exclusive, and the Administrator and each affiliate is free to
render services to others. It is understood that directors, officers, employees and stockholders of the Company are or may become interested in the Administrator and its affiliates, as directors, officers, members, managers, employees, partners,
stockholders or otherwise, and that the Administrator and directors, officers, members, managers, employees, partners and stockholders of the Administrator and its affiliates are or may become similarly interested in the Company as stockholders or
otherwise. 
  

	7.	 Duration and Termination of this Agreement 

(a)    This Agreement shall become effective as of the first date above written. The provisions of
Section 5 of this Agreement shall remain in full force and effect, and the Administrator shall remain entitled to the benefits thereof, notwithstanding any termination of this Agreement. Further, notwithstanding the
termination or expiration of this Agreement as aforesaid, the Administrator shall be entitled to any amounts owed under Section 4 through the date of termination or expiration, and Section 3 and
Section 9 shall continue in force and effect following such termination. This Agreement shall continue in effect for two years from the date hereof, and thereafter shall continue automatically for successive annual periods,
provided, that, such continuance is specifically approved at least annually by: 
 (i)    the vote of the
Board, or by the vote of a majority of the outstanding voting securities of the Company; and 
 (ii)    the vote of a
majority of the members of the Company’s Board who are not parties to this Agreement or “interested persons” (as such term is defined in Section 2(a)(19) of the 1940 Act) of any such party (the “Independent
Directors”), in accordance with the requirements of the 1940 Act. 
 (b)    The Agreement may be terminated at
any time, without the payment of any penalty, (i) by the Company upon 60 days’ prior written notice to the Administrator: (A) by the vote of a majority of the outstanding voting securities of the Company (as “majority of the
outstanding voting securities” is defined in Section 2(a)(42) of the 1940 Act) or (B) by the vote of the Independent Directors; or (ii) by the Administrator upon not less than 60 days’ prior written notice to the
Company. 
 (c)    This Agreement may not be assigned by a party without the consent of the other party;
provided, however, that (i) the rights and obligations of the Company under this Agreement shall not be deemed to be assigned to a newly formed entity in the event of the merger of the Company into, or conveyance of all of the
assets of the Company to, such newly formed entity; provided further, however, that the sole purpose of that merger or conveyance is to effect a mere change in the Company’s legal form into another limited liability entity
and (ii) the Administrator may, without the consent of any other party, assign the rights and obligations of the Administrator under this Agreement to an affiliate of the Administrator. 

  
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	8.	 Amendments of this Agreement  

This Agreement may be amended pursuant to a written instrument by mutual consent of the parties. 

 

	9.	 Governing Law 

This Agreement shall be construed in accordance with the laws of the State of New York. For so long as the Company is regulated as a BDC under
the 1940 Act, this Agreement shall also be construed in accordance with the applicable provisions of the 1940 Act. In such case, to the extent the applicable laws of the State of New York or any of the provisions herein conflict with the provisions
of the 1940 Act, the 1940 Act shall control. 
  

	10.	 Entire Agreement 

This Agreement contains the entire agreement of the parties and supersedes all prior agreements, understandings and arrangements with respect
to the subject matter hereof. 
  

	11.	 Notices 

Any notice under this Agreement shall be given in writing, addressed and delivered or mailed, postage prepaid, to the other party at its
principal office. 
 [Remainder of Page Intentionally Left Blank] 

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

			
	STONE POINT CREDIT CORPORATION
		
	By:	 	  

		 	Name:
		 	Title:
	
	STONE POINT CREDIT ADVISER LLC
		
	By:	 	  

		 	Name:
		 	Title:

 [Signature Page to Administration Agreement]EX-10.3

 Exhibit 10.3 

TRADEMARK LICENSE AGREEMENT 

This TRADEMARK LICENSE AGREEMENT (this “Agreement”) is made and effective as of [ ], 2020 (the “Effective
Date”), by and between Stone Point Capital LLC, a Delaware limited liability company (“Licensor”), and Stone Point Credit Corporation, a Delaware corporation, and any wholly-owned subsidiary thereof
(“Licensee”) (each a “party,” and collectively, the “parties”). 
 RECITALS

 WHEREAS, Licensee is a newly formed, closed-end
non-diversified management investment company that plans to file a notice with the Securities and Exchange Commission that it has elected to be treated as a business development company under the Investment
Company Act of 1940, as amended (the “1940 Act”); 
 WHEREAS, Licensor and its affiliates have used the mark “Stone
Point” and any derivative thereof, including, “SP” and “SPC” (the “Licensed Marks”) in connection with the investment management, investment consultation and investment advisory services they provide; 

WHEREAS, Licensor is an affiliate of Stone Point Credit Adviser LLC, a Delaware limited liability company (“Adviser”); 

WHEREAS, Licensee is entering into an investment advisory agreement with Adviser (the “Investment Advisory Agreement”),
wherein Licensee shall engage Adviser to act as the investment adviser to Licensee; 
 WHEREAS, it is intended that Adviser be a third party
beneficiary of this Agreement; and 
 WHEREAS, Licensee desires to use the Licensed Marks as part of its corporate name and in connection
with the operation of its business, and Licensor is willing to grant Licensee a license to use the Licensed Marks, subject to the terms and conditions of this Agreement. 

NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth herein, and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 
 ARTICLE 1. 

LICENSE GRANT 

1.1.    License. Subject to the terms and conditions of this Agreement, Licensor hereby grants to Licensee, and
Licensee hereby accepts from Licensor, a personal, non-exclusive, royalty-free right and license to use the Licensed Marks solely and exclusively as a component of Licensee’s own corporate name and in
connection with marketing the investment management, investment consultation and investment advisory services that Adviser may provide to Licensee. During the term of this Agreement, Licensee shall use the Licensed Marks only to the extent permitted
under this License, and except as provided above, neither Licensee nor any affiliate, owner, member, manager, director, officer, employee or agent thereof shall otherwise use the Licensed Marks or any derivative thereof without the prior express
written consent of Licensor, which consent Licensor may grant or withhold in its sole and absolute discretion, and shall not use the Licensed Marks for any purpose. All rights not expressly granted to Licensee hereunder shall remain the exclusive
property of Licensor. 

 1.2.    Nothing in this Agreement shall preclude Licensor or any of its
successors or assigns from using or permitting other entities to use the Licensed Marks, whether or not such entity directly or indirectly competes or conflicts with Licensee’s business in any manner. 

ARTICLE 2. 
 COMPLIANCE 

2.1.    Quality Control. In order to preserve the inherent value of the Licensed Marks, Licensee agrees to use
reasonable efforts to ensure that it maintains the quality of Licensee’s business and the operation thereof equal to the standards prevailing in the operation of Licensee’s business as of the date of this Agreement. Licensee further agrees
to use the Licensed Marks in accordance with such quality standards as may be reasonably established by Licensor and communicated to Licensee from time to time in writing, or as may be agreed to by Licensor and Licensee from time to time in writing.

 2.2.    Compliance with Laws. Licensee agrees that the business operated by it in connection with the Licensed
Marks shall comply with all laws, rules, regulations and requirements of any governmental body as may be applicable to the operation, marketing, and promotion of the business and shall notify Licensor of any action that must be taken by Licensee to
comply with such laws, rules, regulations or requirements. 
 2.3.    Notification of Infringement. Each party
shall immediately notify the other party and provide to the other party all relevant background facts upon becoming aware of: (a) any registrations of, or applications for registration of, marks that do or may conflict with Licensor’s
rights in the Licensed Marks or the rights granted to Licensee under this Agreement, (b) any infringements or misuse of the Licensed Marks by any third party (“Third Party Infringement”) or (c) any claim that
Licensee’s use of the Licensed Marks infringes the intellectual property rights of any third party (“Third Party Claim”). Licensor shall have the exclusive right, but not the obligation, to prosecute, defend and/or settle, in
its sole discretion, all actions, proceedings and claims involving any Third Party Infringement or Third Party Claim, and to take any other action that it deems necessary or proper for the protection and preservation of its rights in the Licensed
Marks. Licensee shall cooperate with Licensor in the prosecution, defense or settlement of such actions, proceedings or claims. 

  
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 ARTICLE 3. 

REPRESENTATIONS AND WARRANTIES 

3.1.    Licensee accepts this license on an “as is” basis. Licensee acknowledges that Licensor makes no explicit
or implicit representation or warranty as to the registrability, validity, enforceability or ownership of the Licensed Marks, or as to Licensee’s ability to use the Licensed Marks without infringing or otherwise violating the rights of others,
and Licensor has no obligation to indemnify Licensee with respect to any claims arising from Licensee’s use of the Licensed Marks, including, without limitation, any Third Party Claim. 

3.2.    Mutual Representations. Each party hereby represents and warrants to the other party as follows: 

(a)    Due Authorization. Such party is a limited liability company, limited partnership or corporation, as
applicable, duly formed and in good standing as of the Effective Date in its jurisdiction of formation, and the execution, delivery and performance of this Agreement by such party have been duly authorized by all necessary action on the part of such
party. 
 (b)    Due Execution. This Agreement has been duly executed and delivered by such party and, upon due
authorization, execution and delivery of this Agreement by the other party, constitutes a legal, valid and binding obligation of such party, enforceable against such party in accordance with its terms. 

(c)    No Conflict. Such party’s execution, delivery and performance of this Agreement do not:
(i) violate, conflict with or result in the breach of any provision of the certificate of formation, limited liability company operating agreement, certificate of limited partnership or limited partnership agreement (or similar organizational
documents) of such party; (ii) conflict with or violate any governmental order applicable to such party or any of its assets, properties or businesses; or (iii) conflict with, result in any breach of, constitute a default (or event which
with the giving of notice or lapse of time, or both, would become a default) under, require any consent under, or give to others any rights of termination, amendment, acceleration, suspension, revocation or cancellation of any contract, agreement,
lease, sublease, license, permit, franchise or other instrument or arrangement to which it is a party. 
 ARTICLE 4. 

TERM AND TERMINATION 

4.1.    Term. This Agreement shall expire if Adviser or one of its affiliates ceases to serve as investment adviser
to Licensee. This Agreement shall be terminable by Licensor, at any time and in its sole discretion, in the event that Licensor or Licensee receives notice of any Third Party Claim arising out of Licensee’s use of the Licensed Marks; by
Licensor or Licensee upon sixty (60) days’ prior written notice to the other party; or by Licensor at any time in the event Licensee assigns or attempts to assign or sublicense this Agreement or any of Licensee’s rights or duties
hereunder without the prior written consent of Licensor. 

  
 - 3 - 

 4.2.    Upon Termination. Upon expiration or termination of this
Agreement, all rights granted to Licensee under this Agreement with respect to the Licensed Marks shall cease, and Licensee shall immediately delete the term “Stone Point” from its corporate name and shall discontinue all other use of the
Licensed Marks. For twenty-four (24) months following termination of this Agreement, Licensee shall specify on all public-facing materials in a prominent place and in prominent typeface that Licensee is no longer operating under the Licensed
Marks, is no longer associated with Licensor, or such other notice as may be deemed necessary by Licensor, in its sole discretion, in its prosecution, defense, and/or settlement of any Third Party Claim. 

ARTICLE 5. 
 MISCELLANEOUS

 5.1.    Third Party Beneficiaries. The parties agree that Adviser shall be a third party beneficiary of
this Agreement, and shall have the rights and protections provided to Licensee under this Agreement. Nothing in this Agreement, either express or implied, is intended to or shall confer upon any third party, other than Adviser, any legal or
equitable right, benefit or remedy of any nature whatsoever under or by reason of this Agreement. 

5.2.    Assignment. Licensee shall not sublicense, assign, pledge, grant or otherwise encumber or transfer to any
third party all or any part of its rights or duties under this Agreement, in whole or in part, without the prior written consent of Licensor, which consent Licensor may grant or withhold in its sole and absolute discretion. Any purported transfer
without such consent shall be void ab initio. 
 5.3.    Independent Contractor. Neither party shall have,
or shall represent that it has, any power, right or authority to bind the other party to any obligation or liability, or to assume or create any obligation or liability on behalf of the other party. 

5.4.    Notices. All notices, requests, claims, demands and other communications hereunder shall be in writing and
shall be given or made (and shall be deemed to have been duly given or made upon receipt) by delivery in person, by overnight courier service (with signature required), by electronic mail, or by registered or certified mail (postage prepaid, return
receipt requested) to the respective parties at the following addresses (or such other address as the parties may provide to each other by written Notice): 
  

			
	 If to Licensor:
  

Stone Point Capital LLC
 20 Horseneck Lane

Greenwich, Connecticut 06830

E-mail: [            ]

Attn: Chief Operating Officer
	  	 If to Licensee:
  

Stone Point Credit Corporation
 20 Horseneck Lane

Greenwich, Connecticut 06830

E-mail: [            ]

Attn: Chief Executive Officer

  
 - 4 - 

 5.5.    Governing Law. This Agreement shall be governed by, and
construed in accordance with, the laws of the State of New York. The parties unconditionally and irrevocably consent to the exclusive jurisdiction of the courts located in the State of New York and waive any objection with respect thereto, for the
purpose of any action, suit or proceeding arising out of or relating to this Agreement or the transactions contemplated hereby. 

5.6.    Amendment. This Agreement may not be amended or modified except by an instrument in writing signed by each
party hereto. 
 5.7.    No Waiver. The failure of either party to enforce at any time for any period the
provisions of, or any rights deriving from, this Agreement shall not be construed to be a waiver of such provisions or rights or the right of such party thereafter to enforce such provisions, and no waiver shall be binding unless executed in writing
by all parties hereto. 
 5.8.    Severability. If any term or other provision of this Agreement is invalid,
illegal or incapable of being enforced by any law or public policy, all other terms and provisions of this Agreement shall nevertheless remain in full force and effect so long as the economic or legal substance of the transactions contemplated
hereby is not affected in any manner materially adverse to any party. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the parties hereto shall negotiate in good faith to modify this
Agreement so as to effect the original intent of the parties as closely as possible in an acceptable manner in order that the transactions contemplated hereby are consummated as originally contemplated to the greatest extent possible. 

5.9.    Headings. The descriptive headings contained in this Agreement are for convenience of reference only and
shall not affect in any way the meaning or interpretation of this Agreement. 
 5.10.    Counterparts. This
Agreement may be executed in one or more counterparts, each of which when executed shall be deemed to be an original instrument and all of which taken together shall constitute one and the same agreement. Facsimile or portable document format (PDF)
counterpart signatures to this Agreement shall be acceptable and binding. 

  
 - 5 - 

 5.11.    Entire Agreement. This Agreement constitutes the entire
agreement of the parties with respect to the subject matter hereof and supersedes all prior agreements and undertakings, both written and oral, between the parties with respect to such subject matter. 

[The remainder of this page intentionally left blank] 

  
 - 6 - 

 IN WITNESS WHEREOF, each party has caused this Agreement to be executed as of the Effective
Date by its duly authorized officer. 
  

			
	LICENSOR:
	
	STONE POINT CAPITAL LLC

  

			
	By:	 	
                     
                   

	Name:	 	
	Title:	 	
	
	LICENSEE:
	
	STONE POINT CREDIT CORPORATION

 
			
		
	By:	 	
                     
                   

	Name:	 	
	Title:	 	

			
	ACKNOWLEDGED AND AGREED TO
	AS OF [             ], 2020
	
	STONE POINT CREDIT ADVISER LLC

			
		
	By:	 	
                     
                   

	Name:	 	
	Title:	 	

 [Signature page for Trademark License Agreement]

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