SEC Contract Filing

Filing Date: 2018-12-07

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>4
<FILENAME>tv508633_ex10-2.htm
<DESCRIPTION>EXHIBIT 10.2
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Exhibit 10.2</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>ADMINISTRATION AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">This Agreement (&ldquo;<U>Agreement</U>&rdquo;) is made as of&nbsp;December
5, 2018 by and between Monroe Capital Income Plus Corporation, a Maryland corporation (the &ldquo;<U>Company</U>&rdquo;), and Monroe
Capital Management Advisors, LLC, a Delaware limited liability company (the &ldquo;<U>Administrator</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>WITNESSETH:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">WHEREAS, the Company is a closed-end, non-diversified management
investment company that intends to elect to be treated as a business development company under the Investment Company Act of 1940,
as amended (the &ldquo;<U>Investment Company Act</U>&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">WHEREAS, the Company desires to retain the Administrator to provide
administrative services to the Company, and the Administrator wishes to be retained to provide such services, on the terms and
conditions hereinafter set forth.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">NOW, THEREFORE, in consideration of the premises and the covenants
hereinafter contained and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged,
the Company and the Administrator hereby agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">1. <U>Duties of the Administrator</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">(a) <U>Employment of the Administrator</U>. The Company
hereby employs the Administrator to act as administrator of the Company and to perform, or oversee the performance of, the administrative
services, personnel and facilities necessary for the operation of the Company, subject to the supervision and control of the Board
of Directors of the Company (the &ldquo;<U>Board</U>&rdquo;), during the term hereof and upon the terms and conditions set forth
in this Agreement. The Administrator hereby accepts such employment and agrees during the term hereof to render, or arrange for
the rendering of, such services, subject to the reimbursement of costs and expenses provided for herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">(b) <U>Certain Services</U>. Without limiting the generality
of Section&nbsp;1(a), the Administrator shall furnish the Company with office facilities and equipment and provide the Company
with clerical, bookkeeping, record keeping and other administrative 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 such other persons in any such other capacity deemed to be necessary or
desirable. The Administrator shall make reports to the Board of its performance of obligations hereunder and 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 that nothing herein shall be construed to require the Administrator to, and the Administrator shall not, provide any advice
or recommendation relating to the subject matter of, nor perform any of the investment advisory services described in, the Investment
Advisory Agreement, dated as of&nbsp;December 5, 2018, between the Company and the Monroe Capital BDC Advisors, LLC (in such capacity,
the &ldquo;<U>Advisor</U>&rdquo;). The Administrator shall be responsible for the financial and other records that the Company
is required to maintain and shall prepare reports to stockholders and all other reports and materials required to be filed with
the Securities and Exchange Commission (the &ldquo;<U>SEC</U>&rdquo;) or any other regulatory authority. The Administrator shall
provide, on the Company&rsquo;s behalf, managerial assistance to those portfolio companies that have accepted the Company&rsquo;s
offer to provide such assistance. In addition, the Administrator shall assist the Company in determining and publishing the Company&rsquo;s
net asset value, overseeing the preparation and filing of the Company&rsquo;s tax returns and the printing and disseminating of
reports to stockholders, and generally overse