<SEC-DOCUMENT>0001752724-25-001763.txt : 20250113
<SEC-HEADER>0001752724-25-001763.hdr.sgml : 20250113
<ACCEPTANCE-DATETIME>20250113165814
ACCESSION NUMBER:		0001752724-25-001763
CONFORMED SUBMISSION TYPE:	N-CEN
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20241031
FILED AS OF DATE:		20250113
DATE AS OF CHANGE:		20250113
EFFECTIVENESS DATE:		20250113

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ABRDN ASIA-PACIFIC INCOME FUND, INC.
		CENTRAL INDEX KEY:			0000790500
		ORGANIZATION NAME:           	
		IRS NUMBER:				133334183
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		N-CEN
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-04611
		FILM NUMBER:		25526921

	BUSINESS ADDRESS:	
		STREET 1:		1900 MARKET STREET
		STREET 2:		SUITE 200
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103
		BUSINESS PHONE:		215-405-5700

	MAIL ADDRESS:	
		STREET 1:		1900 MARKET STREET
		STREET 2:		SUITE 200
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ABERDEEN ASIA-PACIFIC INCOME FUND INC
		DATE OF NAME CHANGE:	20041102

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ABERDEEN ASIA PACIFIC INCOME FUND INC
		DATE OF NAME CHANGE:	20010531

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ABERDEN ASIA-PACIFIC INCOME FUND INC
		DATE OF NAME CHANGE:	20010531
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-CEN
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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          <officeName>State Street Bank and Trust Company</officeName>
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          <publicAccountantName>KPMG LLP</publicAccountantName>
          <pcaobNumber>185</pcaobNumber>
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        <relyOnRuleTypes>
          <relyOnRuleType>Rule 18f-4 (17 CFR 270.18f-4)</relyOnRuleType>
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            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
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            <custodianName>Mizuho Bank, Ltd. (Minato ku, Tokyo, JP, Branch)</custodianName>
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            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
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            <isCustodianAffiliated>N</isCustodianAffiliated>
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            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
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            <custodianCountry>IN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Banco de Chile</custodianName>
            <custodianLei>8B4EZFY8IHJC44TT2K84</custodianLei>
            <custodianCountry>CL</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Deutsche Bank (Malaysia) Berhad</custodianName>
            <custodianLei>529900DLWFR8HK7DR278</custodianLei>
            <custodianCountry>MY</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Ngan Hang Trach Nhiem Huu Han Mot Thanh Vien HSBC (Viet Nam)</custodianName>
            <custodianLei>213800H95OG9OHRT4Y78</custodianLei>
            <custodianCountry>VN</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Deutsche Bank Aktiengesellschaft (Makati City, Metro Manila, PH, Branch)</custodianName>
            <custodianLei>7LTWFZYICNSX8D621K86</custodianLei>
            <custodianCountry>PH</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Clearstream Banking S.A.</custodianName>
            <custodianLei>549300OL514RA0SXJJ44</custodianLei>
            <custodianCountry>LU</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)</custodyType>
          </custodian>
          <custodian>
            <custodianName>The Hongkong and Shanghai Banking Corporation Limited (Auckland, Auckland, NZ, Branch)</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>NZ</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank del Peru S.A.</custodianName>
            <custodianLei>MYTK5NHHP1G8TVFGT193</custodianLei>
            <custodianCountry>PE</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>The Hongkong and Shanghai Banking Corporation Limited (Jung-gu, Seoul, KR, Branch)</custodianName>
            <custodianLei>2HI3YI5320L3RW6NJ957</custodianLei>
            <custodianCountry>KR</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>FirstRand Bank Limited</custodianName>
            <custodianLei>ZAYQDKTCATIXF9OQY690</custodianLei>
            <custodianCountry>ZA</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Banco Nacional de Mexico, S.A., Integrante del Grupo Financiero Banamex</custodianName>
            <custodianLei>2SFFM4FUIE05S37WFU55</custodianLei>
            <custodianCountry>MX</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
          <custodian>
            <custodianName>Citibank, National Association (Cairo, Cairo, EG, Branch)</custodianName>
            <custodianLei>E57ODZWZ7FF32TWEFA76</custodianLei>
            <custodianCountry>EG</custodianCountry>
            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>Y</isSubCustodian>
            <custodyType>Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>Y</isCustodianHiredOrTerminated>
        <shareholderServicingAgents>
          <shareholderServicingAgent>
            <shareholderServiceAgentName>Computershare Trust Company, National Association</shareholderServiceAgentName>
            <shareholderServiceAgentLei>2549001YYB62BVMSAO13</shareholderServiceAgentLei>
            <shareholderServiceAgentStateCountry shareholderServiceAgentState="US-MA" shareholderServiceAgentCountry="US"/>
            <isShareholderServiceAgentAffiliated>N</isShareholderServiceAgentAffiliated>
            <isShareholderServiceAgentSubshare>N</isShareholderServiceAgentSubshare>
          </shareholderServicingAgent>
        </shareholderServicingAgents>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>abrdn Inc.</adminName>
            <adminLei>549300RU316J568TLL50</adminLei>
            <adminStateCountry adminState="US-PA" adminCountry="US"/>
            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>Aberdeen Fund Distributors, LLC</brokerDealerName>
            <brokerDealerFileNo>8-67799</brokerDealerFileNo>
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            <brokerDealerCommission>0.00000000</brokerDealerCommission>
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        </brokerDealers>
        <brokers>
          <broker>
            <brokerName>UBS Securities LLC</brokerName>
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            <brokerCrdNo>000007654</brokerCrdNo>
            <brokerLei>T6FIZBDPKLYJKFCRVK44</brokerLei>
            <brokerStateCountry brokerState="US-NY" brokerCountry="US"/>
            <grossCommission>3712.50000000</grossCommission>
          </broker>
        </brokers>
        <aggregateCommission>3712.50000000</aggregateCommission>
        <principalTransactions>
          <principalTransaction>
            <principalName>J.P. Morgan Securities LLC</principalName>
            <principalFileNo>8-35008</principalFileNo>
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            <principalLei>ZBUT11V806EZRVTWT807</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>92660768.13000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Standard Chartered Securities (North America) LLC</principalName>
            <principalFileNo>8-66397</principalFileNo>
            <principalCrdNo>000130847</principalCrdNo>
            <principalLei>5493003GCX71N8988W38</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>56331778.17000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Barclays Capital Inc.</principalName>
            <principalFileNo>8-41342</principalFileNo>
            <principalCrdNo>000019714</principalCrdNo>
            <principalLei>AC28XWWI3WIBK2824319</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>42789979.67000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Deutsche Bank Securities Inc.</principalName>
            <principalFileNo>8-17822</principalFileNo>
            <principalCrdNo>000002525</principalCrdNo>
            <principalLei>9J6MBOOO7BECTDTUZW19</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>72130549.99000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>CGS International Securities USA, Inc.</principalName>
            <principalFileNo>8-67414</principalFileNo>
            <principalCrdNo>000141892</principalCrdNo>
            <principalLei>549300H78CKL2ZTQTD26</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>21311092.11000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>Citigroup Global Markets Inc.</principalName>
            <principalFileNo>8-8177</principalFileNo>
            <principalCrdNo>000007059</principalCrdNo>
            <principalLei>MBNUM2BPBDO7JBLYG310</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>63118923.39000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BNP Paribas Securities Corp.</principalName>
            <principalFileNo>8-32682</principalFileNo>
            <principalCrdNo>000015794</principalCrdNo>
            <principalLei>RCNB6OTYUAMMP879YW96</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>36870778.03000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>State Street Bank and Trust Company</principalName>
            <principalFileNo>N/A</principalFileNo>
            <principalCrdNo>N/A</principalCrdNo>
            <principalLei>571474TGEMMWANRLN572</principalLei>
            <principalStateCountry principalState="US-MA" principalCountry="US"/>
            <principalTotalPurchaseSale>1241310640.01000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>HSBC Securities (USA) Inc.</principalName>
            <principalFileNo>8-41562</principalFileNo>
            <principalCrdNo>000019585</principalCrdNo>
            <principalLei>CYYGQCGNHMHPSMRL3R97</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>61788000.31000000</principalTotalPurchaseSale>
          </principalTransaction>
          <principalTransaction>
            <principalName>BofA Securities, Inc.</principalName>
            <principalFileNo>8-69787</principalFileNo>
            <principalCrdNo>000283942</principalCrdNo>
            <principalLei>549300HN4UKV1E2R3U73</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
            <principalTotalPurchaseSale>20779086.97000000</principalTotalPurchaseSale>
          </principalTransaction>
        </principalTransactions>
        <principalAggregatePurchase>1890287111.31000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>N</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>739025787.17538461</mnthlyAvgNetAssets>
      </managementInvestmentQuestion>
    </managementInvestmentQuestionSeriesInfo>
    <closedEndManagementInvestment>
      <securityRelatedItems>
        <securityRelatedItem>
          <description>Other</description>
          <securityClassTitle>Series D Senior Secured Notes due August 10, 2032</securityClassTitle>
          <commonStocks>
            <commonStock commonStockExchange="N/A" commonStockTickerSymbol="N/A"/>
          </commonStocks>
          <otherSecurityDescription>Senior Secured Notes</otherSecurityDescription>
        </securityRelatedItem>
        <securityRelatedItem>
          <description>Other</description>
          <securityClassTitle>Series C Senior Secured Notes due February 8, 2032</securityClassTitle>
          <commonStocks>
            <commonStock commonStockExchange="N/A" commonStockTickerSymbol="N/A"/>
          </commonStocks>
          <otherSecurityDescription>Senior Secured Notes</otherSecurityDescription>
        </securityRelatedItem>
        <securityRelatedItem>
          <description>Common stock</description>
          <securityClassTitle>ABRDN ASIA-PACIFIC INCOME FUND INC</securityClassTitle>
          <commonStocks>
            <commonStock commonStockExchange="XASE" commonStockTickerSymbol="FAX"/>
          </commonStocks>
        </securityRelatedItem>
        <securityRelatedItem>
          <description>Other</description>
          <securityClassTitle>Series E Senior Secured Notes due June 19, 2034</securityClassTitle>
          <commonStocks>
            <commonStock commonStockExchange="N/A" commonStockTickerSymbol="N/A"/>
          </commonStocks>
          <otherSecurityDescription>Senior Secured Notes</otherSecurityDescription>
        </securityRelatedItem>
      </securityRelatedItems>
      <isRightsOffering>N</isRightsOffering>
      <isSecondaryOffering>N</isSecondaryOffering>
      <isRepurchaseSecurity>N</isRepurchaseSecurity>
      <isDefaultLongTermDebt>N</isDefaultLongTermDebt>
      <isDividendsInArrears>N</isDividendsInArrears>
      <isSecuritiesModified>N</isSecuritiesModified>
      <managementFee>0.83000000</managementFee>
      <netOperatingExpenses>3.31000000</netOperatingExpenses>
      <marketPricePerShare>16.40000000</marketPricePerShare>
      <netAssetValuePerShare>17.70000000</netAssetValuePerShare>
    </closedEndManagementInvestment>
    <attachmentsTab>
      <isIPAReportInternalControl>true</isIPAReportInternalControl>
      <isMaterialAmendments>true</isMaterialAmendments>
      <isInstDefiningRights>true</isInstDefiningRights>
    </attachmentsTab>
    <signature registrantSignedName="ABRDN ASIA-PACIFIC INCOME FUND, INC." signedDate="2025-01-13" signature="Sharon Ferrari" title="Director Product Management"/>
  </formData>
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<DOCUMENT>
<TYPE>INTERNAL CONTROL RPT
<SEQUENCE>2
<FILENAME>NCEN_811-04611_43407603_1024.htm
<TEXT>

<HTML>
<HEAD>
   <TITLE>faxncen.htm - Generated by SEC Publisher for SEC Filing</TITLE>
</HEAD>

<BODY bgcolor="#ffffff">
<a name="page_1"></a><a name="_bclPageBorder1"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p align=center style="margin-bottom:4.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font face="Aptos Display,sans-serif" lang=EN-US style="font-size:15.0pt;font-style:normal;font-weight:normal;letter-spacing:-.5pt;">Report of
Independent Registered Public Accounting Firm</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;font-style:normal;font-weight:normal;line-height:12.0pt;">To the Shareholders and Board of
Directors<br>
abrdn Asia-Pacific Income Fund, Inc.:</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;font-style:normal;font-weight:normal;line-height:12.0pt;">In planning and performing our audit
of the financial statements of abrdn Asia-Pacific Income Fund, Inc. (the Fund)
as of and for the year ended October 31, 2024, in accordance with the standards
of the Public Company Accounting Oversight Board (United States), we considered
the Fund's internal control over financial reporting, including controls over
safeguarding securities, as a basis for designing our auditing procedures for
the purpose of expressing our opinion on the financial statements and to comply
with the requirements of Form N-CEN, but not for the purpose of expressing an
opinion on the effectiveness of the Fund's internal control over financial
reporting. Accordingly, we express no such opinion.</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;font-style:normal;font-weight:normal;line-height:12.0pt;">Management of the Fund is responsible
for establishing and maintaining effective internal control over financial
reporting. In fulfilling this responsibility, estimates and judgments by
management are required to assess the expected benefits and related costs of
controls. A company's internal control over financial reporting is a process
designed to provide reasonable assurance regarding the reliability of financial
reporting and the preparation of financial statements for external purposes in
accordance with generally accepted accounting principles. A company's internal
control over financial reporting includes those policies and procedures that
(1) pertain to the maintenance of records that, in reasonable detail,
accurately and fairly reflect the transactions and dispositions of the assets
of the company; (2) provide reasonable assurance that transactions are recorded
as necessary to permit preparation of financial statements in accordance with
generally accepted accounting principles, and that receipts and expenditures of
the company are being made only in accordance with authorizations of management
and directors of the company; and (3) provide reasonable assurance regarding
prevention or timely detection of unauthorized acquisition, use, or disposition
of the company's assets that could have a material effect on the financial
statements.</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;font-style:normal;font-weight:normal;line-height:12.0pt;">Because of its inherent limitations,
internal control over financial reporting may not prevent or detect
misstatements. Also, projections of any evaluation of effectiveness to future
periods are subject to the risk that controls may become inadequate because of
changes in conditions, or that the degree of compliance with the policies or
procedures may deteriorate.</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;font-style:normal;font-weight:normal;line-height:12.0pt;">A deficiency in internal control over
financial reporting exists when the design or operation of a control does not
allow management or employees, in the normal course of performing their
assigned functions, to prevent or detect misstatements on a timely basis. A
material weakness is a deficiency, or a combination of deficiencies, in
internal control over financial reporting, such that there is a reasonable
possibility that a material misstatement of the company&#8217;s annual or interim
financial statements will not be prevented or detected on a timely basis.</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;font-style:normal;font-weight:normal;line-height:12.0pt;">Our consideration of the Fund's
internal control over financial reporting was for the limited purpose described
in the first paragraph and would not necessarily disclose all deficiencies in
internal control that might be material weaknesses under standards established
by the Public Company Accounting Oversight Board (United States). However, we
noted no deficiencies in the Fund's internal control over financial reporting
and its operation, including controls over safeguarding securities, that we
consider to be a material weakness as defined above as of October 31, 2024.</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;font-style:normal;font-weight:normal;line-height:12.0pt;">This
report is intended solely for the information and use of the management and the
Board of Directors of abrdn Asia-Pacific Income Fund, Inc. and the Securities
and Exchange Commission and is not intended to be and should not be used by
anyone other than these specified parties.</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;font-style:normal;font-weight:normal;line-height:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;font-style:normal;font-weight:normal;line-height:12.0pt;">/s/ KPMG LLP</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;font-style:normal;font-weight:normal;line-height:12.0pt;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;font-style:normal;font-weight:normal;line-height:12.0pt;">Columbus, Ohio</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;"><font face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;font-style:normal;font-weight:normal;line-height:12.0pt;"><br>
December 27, 2024</font></p>

<p style="margin-bottom:10.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face=Arial,sans-serif lang=EN-US style="font-size:10.0pt;line-height:12.0pt;">&nbsp;</font></p>




</DIV>
</BODY>

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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>INST DEFINING RIGHTS
<SEQUENCE>3
<FILENAME>NCEN_811-04611_19596845_1024.htm
<TEXT>

<HTML>
<HEAD>
   <TITLE>faxitemg1bii-instrumentsdefi.htm - Generated by SEC Publisher for SEC Filing</TITLE>
</HEAD>

<BODY bgcolor="#ffffff">
<a name="page_1"></a><a name="_bclPageBorder1"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="times new roman" lang=EN-US style="font-size:12.0pt;line-height:normal;">Item
G.1.b.ii: Instruments defining the rights of the holders of any new or amended
class of securities</font></b></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="times new roman" lang=EN-US style="font-size:12.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="times new roman" lang=EN-US style="font-size:12.0pt;line-height:normal;">A copy of the Fund&#8217;s Articles
Supplementary to the Articles of Incorporation, dated as of October 1, 2024,
establishing and fixing the rights and preferences of the Fund&#8217;s Series&nbsp;B
Mandatorily Redeemable Preferred Shares is attached under Item G.1.b.i.</font></p>

<p style="margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face=Aptos,sans-serif lang=EN-US style="font-size:12.0pt;line-height:115%;">&nbsp;</font></p>




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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>MATERIAL AMENDMENTS
<SEQUENCE>4
<FILENAME>NCEN_811-04611_79994401_1024.htm
<TEXT>

<HTML>
<HEAD>
   <TITLE>faxitemg1bi.htm - Generated by SEC Publisher for SEC Filing</TITLE>
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<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Item G.1.b.i.&#160; material amendments to organizational
documents.</font></b></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">(1)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">ABRDN ASIA-PACIFIC INCOME FUND,&nbsp;INC.</font></u></b></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">ARTICLES SUPPLEMENTARY</font></b></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">SERIES B MANDATORILY REDEEMABLE PREFERRED STOCK</font></b></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">abrdn Asia-Pacific Income Fund,&nbsp;Inc., a Maryland corporation
(the &#8220;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Company</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221;), certifies to the Department of Assessments and Taxation
of Maryland that:</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">FIRST</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">: Under a power contained in Article&nbsp;Fifth of the charter of
the Company (including these Articles Supplementary, the &#8220;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Charter</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221;), the
Board of Directors by duly adopted resolutions classified and designated
4,000,000 shares of authorized but unissued Preferred Stock (as defined in the
Charter) as shares of a new series of Preferred Stock designated as
Series&nbsp;B Mandatorily Redeemable Preferred Stock, liquidation preference
$25.00 per share, having the following preferences, rights, voting powers,
restrictions, limitations as to dividends and other distributions,
qualifications and terms and conditions of redemption, which, upon any
restatement of the Charter, shall become part of Article&nbsp;Sixth of the
Charter, with any necessary or appropriate renumbering or relettering of the
sections or subsections hereof.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><b><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Series&nbsp;B Mandatorily Redeemable Preferred Stock</font></b></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Section&nbsp;1.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Designation;
Number; Initial Dividend Period</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">A series of Preferred Stock designated as Series&nbsp;B
Mandatorily Redeemable Preferred Stock, liquidation preference $25.00 per share
(the &#8220;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Series&nbsp;B Preferred Shares</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221;), is hereby established,
consisting of 4,000,000 shares.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">The initial Dividend Period for the Series&nbsp;B Preferred Shares
shall be the period from and including the Original Issue Date thereof to and
including December&nbsp;31, 2024 (the &#8220;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Initial Dividend Period</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221;). Each
Series&nbsp;B Preferred Share will have a dividend rate equal to 5.391% per
annum. Each Series&nbsp;B Preferred Share shall have such other preferences,
rights, voting powers, restrictions, limitations as to dividends and other
distributions, qualifications and terms and conditions of redemption, in
addition to those required by applicable law or set forth in the Charter
applicable to shares of Preferred Stock, as are set forth herein. The
Series&nbsp;B Preferred Shares shall constitute a separate series of Preferred
Stock.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Subject to the provisions hereof, the Board of Directors may, in
the future, authorize the issuance of additional Preferred Stock that shall
rank on a parity with any other series of Preferred Stock as to the payment of
dividends, distributions and liquidation preference to which such stock is
entitled.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">While the Series&nbsp;B Preferred Shares are outstanding, any
additional Preferred Stock authorized for issuance by the Board of Directors
must have the same liquidation preference, voting powers, restrictions and
limitations as to dividends and other distributions as those herein described,
except that the terms of the payment of dividends, including the rate, length
of dividend periods and payment dates shall be as set forth in the articles
supplementary relating to such additional Preferred Stock.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p align=center style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">1</font></p>

<p style="margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;
</font></p>


</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV><a name="page_2"></a><a name="_bclPageBorder2"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">As used herein, capitalized terms not otherwise defined herein
shall have the meanings provided in Section&nbsp;13 hereof.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Section&nbsp;2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">General
Provisions; Ranking</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
number of authorized Series&nbsp;B Preferred Shares is 4,000,000 shares. No
fractional Series&nbsp;B Preferred Shares shall be issued.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(b)&#8239;&#8239;&#8239;&#8239;&#8239;Any
Series&nbsp;B Preferred Shares which at any time have been redeemed or
purchased by the Company shall, after redemption or purchase, be returned to
the status of authorized but unissued Preferred Stock, without further
classification or designation.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Series&nbsp;B Preferred Shares shall rank on a parity with shares of any other
series of Preferred Stock as to the payment of dividends to which the shares
are entitled and the distribution of assets upon dissolution, liquidation or
winding up of the affairs of the Company.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(d)&#8239;&#8239;&#8239;&#8239;&#8239;No
Holder of Series&nbsp;B Preferred Shares shall have, solely by reason of being
a Holder, any preemptive right, or, unless otherwise determined by the Board of
Directors, other right to acquire, purchase or subscribe for any Preferred
Stock, Common Shares or other securities of the Company which it may hereafter
issue or sell.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;No
Holder of Series&nbsp;B Preferred Shares shall be entitled to exercise the
rights of an objecting stockholder under Title 3, Subtitle 2 of the Maryland
General Corporation Law (the &#8220;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">MGCL</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221;) or any successor provision, except
that each such Holder shall be entitled to exercise such rights if and so long
as any of the holders of any other series of Preferred Stock is entitled to
exercise such rights.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Section&nbsp;3.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Dividends</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Holders of Series&nbsp;B Preferred Shares shall be entitled to receive
quarterly cumulative cash dividends, when, as and if authorized by the Board of
Directors and declared by the Company, out of funds legally available therefor,
at the rate per annum equal to the Applicable Rate (or the Default Rate), and
no more, payable on the respective dates determined as set forth in paragraph
(b)&nbsp;of this Section&nbsp;3. Dividends on Outstanding Series&nbsp;B
Preferred Shares issued on the Original Issue Date shall accumulate from the
Original Issue Date.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(b)&#8239;&#8239;&#8239;&#8239;&#8239;(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Dividends
shall be payable quarterly on Series&nbsp;B Preferred Shares when, as and if
authorized by the Board of Directors and declared by the Company beginning on
the initial Dividend Payment Date, on December&nbsp;31, 2024, and, with respect
to any Dividend Period thereafter, on the applicable Dividend Payment Date.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.5in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(ii)&#8239;&#8239;&#8239;&#8239;&#8239;Except
as otherwise set forth herein, the Company shall not later than 3:00 p.m., New
York City time, on each Dividend Payment Date, pay to each Holder of the Series&nbsp;B
Preferred Shares an amount of federal funds or similar same day funds equal to
the dividends to be paid to such Holder of such shares on such Dividend Payment
Date. Such payment may be made by the Company through the Paying Agent. The
Company shall not be required to establish any reserves for the payment of
dividends.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p align=center style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">2</font></p>

<p style="margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>




<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.75in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>


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<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.75in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">(iii)&#8239;&#8239;&#8239;&#8239;Each
dividend on Series&nbsp;B Preferred Shares shall be paid on the Dividend
Payment Date therefor to the Holders as their names appear on the share ledger
or share records of the Company at the close of business on the 5<sup>th</sup>&nbsp;business
day prior to the Quarterly Dividend Date relating to such Dividend Payment Date
(or if such day is not a Business Day, the next preceding Business Day).
Dividends in arrears for any past Dividend Period may be declared and paid at
any time, without reference to any regular Dividend Payment Date, to the
Holders as their names appear on the share ledger or share records of the
Company on a date, not exceeding 5 days preceding the payment date thereof, as
may be fixed by the Board of Directors. No interest will be payable in respect
of any dividend payment or payments which may be in arrears.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;So
long as the Series&nbsp;B Preferred Shares are rated on any date no less than
&#8220;A&#8221; by Kroll (or no less than an equivalent of such rating by some Other Rating
Agency), the dividend rate on such Outstanding Series&nbsp;B Preferred Shares
(the &#8220;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Dividend Rate</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221;) shall be the Applicable Rate. If the lowest credit
rating assigned on any date to the Series&nbsp;B Preferred Shares by Kroll or
any Other Rating Agency is equal to one of the ratings set forth in the table
below (or its equivalent by some Other Rating Agency), the Dividend Rate for
the Series&nbsp;B Preferred Shares shall be adjusted by adding the respective
enhanced dividend amount (which shall not be cumulative) set opposite such
rating to the Applicable Rate.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Kroll&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160; Enhanced Dividend Amount</font></p>

<p style="margin-bottom:0in;margin-left:1.25in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:-.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">A-</font><font color=black face="times new roman" lang=EN-US style="font-size:7.0pt;line-height:normal;">&nbsp;&nbsp;&nbsp;&nbsp; </font><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; +0.50%</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">BBB+
to BBB- +2.00%</font></p>

<p style="margin-bottom:0in;margin-left:1.0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">BB+ or
below&#160;  +4.00%</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">The Company shall use reasonable efforts to cause at least one
NRSRO to maintain a current rating on the Outstanding Series&nbsp;B Preferred
Shares. If, notwithstanding the foregoing requirements of this
Section&nbsp;3(c)(i), no Rating Agency is rating the Outstanding Series&nbsp;B
Preferred Shares, the Dividend Rate (so long as no such rating exists) on the
Outstanding Series&nbsp;B Preferred Shares shall be equal to the Applicable
Rate plus 4.00% unless the Dividend Rate is the Default Rate, in which case the
Dividend Rate shall remain the Default Rate.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.5in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(ii)&#8239;&#8239;&#8239;&#8239;&#8239;Subject
to the cure provisions below, a &#8220;Default Period&#8221; will commence on any Dividend
Payment Date or any date on which the Company would be required to redeem any Series&nbsp;B
Preferred Shares regardless of whether any of the conditions of the Special
Redemption Limitation in Section&nbsp;4(a)(iii)&nbsp;were applicable (a &#8220;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Redemption
Date</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221;), if the Company fails to pay, directly or through the Paying Agent,
in federal funds or similar same day funds, by 3:00 p.m., New York City time,
(A)&nbsp;the full amount of any dividend payable on the Dividend Payment Date
(a &#8220;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Dividend Default</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221;) or (B)&nbsp;the full amount of any redemption
price payable with respect to any redemption required hereunder regardless of
whether any of the conditions of the Special Redemption Limitation exists (a &#8220;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Redemption
Default</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">,&#8221; and together with a Dividend Default, hereinafter referred to as
&#8220;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Default</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221;). Subject to the cure provisions of
Section&nbsp;3(c)(iii)&nbsp;below, a Default Period with respect to a Dividend
Default or a Redemption Default shall end on the Business Day on which, by
12:00 p.m., New York City time, all unpaid dividends and any unpaid redemption
price shall have been paid in federal or similar same day funds by the Company
directly or through the Paying Agent. In the case of a Default, the Dividend
Rate for each day during the Default Period will be equal to the Default Rate.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p align=center style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">3</font></p>

<p style="margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>




<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.5in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>


</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV><a name="page_4"></a><a name="_bclPageBorder4"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.5in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(iii)&#8239;&#8239;&#8239;&#8239;&#8239;No
Default Period with respect to a Dividend Default or Redemption Default (if
such default is not solely due to the willful failure of the Company) shall be
deemed to commence if the amount of any dividend or any redemption price due is
paid within three Business Days (the &#8220;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Default Rate Cure Period</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221;) after
the applicable Dividend Payment Date or Redemption Date, together with an
amount equal to the Default Rate applied to the amount of such non-payment
based on the actual number of days within the Default Rate Cure Period divided
by 360.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.5in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(iv)&#8239;&#8239;&#8239;&#8239;The
amount of dividends per Series&nbsp;B Preferred Share payable on each Dividend
Payment Date of each Dividend Period shall be computed by multiplying the
Applicable Rate (or the Default Rate) for such Dividend Period by a fraction,
the numerator of which shall be 90 and the denominator of which shall be 360,
multiplying the amount so obtained by the liquidation preference per
Series&nbsp;B Preferred Share, and rounding the amount so obtained to the
nearest cent. Dividends payable on any Series&nbsp;B Preferred Shares for any
period of less than a full quarterly Dividend Period or upon any redemption of
such shares on any date other than on a Dividend Payment Date, shall be
computed by multiplying the Applicable Rate (or the Default Rate, as
applicable) for such period by a fraction, the numerator of which shall be the
actual number of days in such period and the denominator of which shall be 360,
multiplying the amount so obtained by the liquidation preference per
Series&nbsp;B Preferred Share, and rounding the amount so obtained to the
nearest cent.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(d)&#8239;&#8239;&#8239;&#8239;&#8239;Any
dividend payment made on Series&nbsp;B Preferred Shares shall first be credited
against the earliest accumulated but unpaid dividends due with respect to such
Series&nbsp;B Preferred Shares.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;For
so long as the Series&nbsp;B Preferred Shares are Outstanding, except as
contemplated herein, the Company will not declare, pay or set apart for payment
any dividend or other distribution (other than a dividend or distribution paid
in shares of Common Shares or other shares of capital stock, if any, ranking
junior to the Series&nbsp;B Preferred Shares as to dividends or upon
liquidation) with respect to Common Shares or any other shares of the Company
ranking junior to or on a parity with the Series&nbsp;B Preferred Shares as to
dividends or upon liquidation, or call for redemption, redeem, purchase or
otherwise acquire for consideration any Common Shares or any other such junior
shares (except by conversion into or exchange for shares of the Company ranking
junior to the Series&nbsp;B Preferred Shares as to dividends and upon
liquidation) or any such parity shares (except by conversion into or exchange
for shares of the Company ranking junior to or on a parity with the
Series&nbsp;B Preferred Shares as to dividends and upon liquidation), unless
(1)&nbsp;immediately after such transaction the Series&nbsp;B Preferred Shares
Asset Coverage would be achieved and the Company would satisfy the
Series&nbsp;B Preferred Shares Basic Maintenance Amount, (2)&nbsp;full cumulative
dividends on the Series&nbsp;B Preferred Shares due on or prior to the date of
the transaction have been declared and paid, and (3)&nbsp;the Company has
redeemed the full number of Series&nbsp;B Preferred Shares required to be
redeemed by any provision for mandatory redemption contained in
Section&nbsp;4(a)&nbsp;(without regard to the provisions of the Special
Redemption Limitation).</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p align=center style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">4</font></p>

<p style="margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>




<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>


</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV><a name="page_5"></a><a name="_bclPageBorder5"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Section&nbsp;4.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Redemption</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;If
at any time on or prior to October&nbsp;3, 2029, the Series&nbsp;B Preferred
Shares Asset Coverage is greater than 225% but less than or equal to 235% for
any five Business Days within a ten-Business Day period, determined on the
basis of values calculated as of a time within 48 hours (not including Sundays
or holidays) next preceding the time of such determination within the ten-Business
Day period, subject to the provisions of this Section&nbsp;4 and to the extent
permitted under the 1940 Act, the Company may, at its option, redeem in whole
or in part out of funds legally available therefor, Series&nbsp;B Preferred
Shares at any time and from time to time, upon not less than 30 days nor more
than 40 days notice, at a price which shall be equal to the product of 102% and
the Series&nbsp;B Preferred Shares liquidation preference amount, plus
accumulated but unpaid dividends and distributions on the Series&nbsp;B
Preferred Shares (whether or not earned or declared by the Company, but
excluding interest thereon) to, but excluding, the date fixed for redemption.
The amount of Series&nbsp;B Preferred Shares that may be redeemed on or prior
to July&nbsp;5, 2029, shall not exceed any amount of Series&nbsp;B Preferred
Shares that results in a Series&nbsp;B Preferred Shares Asset Coverage of more
than 250% pro forma for such redemption, determined on the basis of values
calculated as of a time within 48 hours (not including Sundays or holidays)
next preceding the time of such determination. After July&nbsp;5, 2029, subject
to the provisions of this Section&nbsp;4 and to the extent permitted under the
1940 Act, the Company may, at its option, redeem in whole or in part out of
funds legally available therefor, Series&nbsp;B Preferred Shares at any time
and from time to time, upon not less than 30 days nor more than 40 days notice,
at a price which shall be equal to the Series&nbsp;B Preferred Shares
liquidation preference amount, plus accumulated but unpaid dividends and
distributions on the Series&nbsp;B Preferred Shares (whether or not earned or
declared by the Company, but excluding interest thereon) to, but excluding, the
date fixed for redemption. Notwithstanding the foregoing, the Company shall not
give notice of or effect any redemption pursuant to this
Section&nbsp;4(a)(i)&nbsp;unless on the date on which the Company gives such
notice and on the date of redemption (A)&nbsp;the Company has available either
(1)&nbsp;cash or cash equivalents or (2)&nbsp;Deposit Securities with maturity
or tender dates not later than the day preceding the applicable redemption date
(or any combination of the foregoing) having an aggregate value of not less
than the amount (including any applicable premium) due to Holders of
Series&nbsp;B Preferred Shares by reason of redemption of such Series&nbsp;B
Preferred Shares on such date fixed for redemption, and (B)&nbsp;the Company
would satisfy the Series&nbsp;B Preferred Shares Basic Maintenance Amount.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.5in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(ii)&#8239;&#8239;&#8239;&#8239;&#8239;Unless
otherwise prohibited by the 1940 Act, if the Company fails to maintain
(1)&nbsp;the Series&nbsp;B Preferred Shares Asset Coverage as of any Valuation
Date or (2)&nbsp;the Series&nbsp;B Preferred Shares Basic Maintenance Amount as
of any Valuation Date (any such day, an &#8220;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Asset Coverage Cure Date</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221;), the
Company shall, subject to Section&nbsp;4(a)(iii), redeem the Series&nbsp;B
Preferred Shares at a price which shall be equal to the product of 101% and the
Series&nbsp;B Preferred Shares liquidation preference amount, plus accumulated
but unpaid dividends and distributions thereon (whether or not earned or
declared by the Company, but excluding interest thereon) to, but excluding, the
date fixed for redemption. The number of Series&nbsp;B Preferred Shares to be
redeemed in such circumstances will be equal to the minimum number of
outstanding Preferred Stock of the Company (including the Series&nbsp;B
Preferred Shares) the redemption of which would result in the Company
satisfying the Series&nbsp;B Preferred Shares Asset Coverage and Series&nbsp;B
Preferred Shares Basic Maintenance Amount as of a date that is no more than 30
days after an Asset Coverage Cure Date (the &#8220;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Cure Date</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221;) (</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">provided</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;that,
if there is no such number of Series&nbsp;B Preferred Shares the redemption of
which would have such result, the Company shall, subject to
Section&nbsp;4(a)(iii)&nbsp;and the requirements of the 1940 Act, redeem all
Series&nbsp;B Preferred Shares then Outstanding). Notwithstanding the
foregoing, if the Company (i)&nbsp;tests for compliance with, and satisfies,
the Series&nbsp;B Preferred Shares Asset Coverage for three consecutive
Business Days up to and including the Cure Date and (ii)&nbsp;satisfies the
Series&nbsp;B Preferred Shares Basic Maintenance Amount as of the Cure Date, in
each case, before taking into account any redemptions of Preferred Stock, the
Company shall not be obligated to redeem any Preferred Stock under this
Section&nbsp;4(a)(ii). The asset coverage in respect of the Series&nbsp;B
Preferred Shares provided for in this Section&nbsp;4(a)(ii)&nbsp;shall be
determined on the basis of values calculated as of a time within 48 hours (not
including Sundays or holidays) next preceding the time of such determination.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p align=center style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">5</font></p>

<p style="margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>




<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.5in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>


</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV><a name="page_6"></a><a name="_bclPageBorder6"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.5in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(iii)&#8239;&#8239;&#8239;&#8239;In
determining the Series&nbsp;B Preferred Shares to be redeemed in accordance
with the foregoing Section&nbsp;4(a), the Company shall allocate the number of
shares to be redeemed pursuant to this Section&nbsp;4 pro rata among the
Holders of Series&nbsp;B Preferred Shares in proportion to the number of shares
they hold. The Company shall effect any redemption pursuant to subparagraph
(a)(ii)&nbsp;of this Section&nbsp;4 no sooner than 30 calendar days and no
later than 40 calendar days after the Cure Date (the &#8220;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Mandatory Redemption
Date</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221;),&nbsp;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">provided</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">, that if the Company (1)&nbsp;does not have
funds legally available for the redemption of, or (2)&nbsp;is not permitted
under the Credit Agreement or the Note Purchase Agreement, to the extent such
agreements are still in effect, or any agreement or instrument consented to by
the holders of the Outstanding Preferred Stock to redeem or (3)&nbsp;is not
otherwise legally permitted to redeem, the number of Series&nbsp;B Preferred
Shares which would be required to be redeemed by the Company under subparagraph
(a)(ii)&nbsp;of this Section&nbsp;4 if sufficient funds were available,
together with shares of other Preferred Stock which are subject to mandatory
redemption under provisions similar to those contained in this Section&nbsp;4
(the foregoing provisions of clauses (1), (2)&nbsp;and (3)&nbsp;of this proviso
being referred to as the &#8220;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Special Redemption Limitation</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221;), the Company
shall redeem those Series&nbsp;B Preferred Shares, and other Preferred Stock
which it was unable to redeem, on the earliest practicable date on which the
Company will have such funds available and is otherwise not prohibited from
redeeming pursuant to the Credit Agreement or the Note Purchase Agreement, to
the extent such agreements are still in effect, or applicable laws, upon notice
pursuant to Section&nbsp;4(b)&nbsp;to record owners of the Series&nbsp;B
Preferred Shares to be redeemed and the Paying Agent. The Company will make a
payment to the applicable Holders of Series&nbsp;B Preferred Shares of funds
sufficient to redeem the specified number of Series&nbsp;B Preferred Shares with
respect to a redemption required under subparagraph (a)(ii)&nbsp;of this
Section&nbsp;4, by 3:00 p.m., New York City time, on or prior to the Mandatory
Redemption Date, unless the Special Redemption Limitation applies.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.5in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;(iv)&#8239;&#8239;&#8239;&#8239;The
Company shall redeem all Outstanding Series&nbsp;B Preferred Shares on the Term
Redemption Date at the Series&nbsp;B Preferred Share liquidation preference
amount plus accumulated but unpaid dividends and distributions thereon (whether
or not earned or declared by the Company, but excluding interest thereon), to,
but excluding, the Term Redemption Date.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p align=center style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">6</font></p>

<p style="margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;
</font></p>


</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV><a name="page_7"></a><a name="_bclPageBorder7"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(b)&#8239;&#8239;&#8239;&#8239;&#8239;In
the event of a redemption pursuant to Section&nbsp;4(a), the Company will file
a notice of its intention to redeem with the Commission under Rule&nbsp;23c-2
under the 1940 Act or any successor provision to the extent applicable. In
addition, the Company shall deliver a notice of redemption (the &#8220;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Notice of
Redemption</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221;) containing the information set forth below to the Paying Agent
and the Holders of Series&nbsp;B Preferred Shares to be redeemed not less than
30 days nor more than 40 days prior to the applicable redemption date. The
Notice of Redemption will be addressed to the Holders of Series&nbsp;B
Preferred Shares at their addresses appearing on the share records of the
Company. Such Notice of Redemption will set forth (1)&nbsp;the date fixed for
redemption, (2)&nbsp;the identity of the Series&nbsp;B Preferred Shares,
(3)&nbsp;the redemption price (specifying the amount of accumulated dividends
to be included therein and the amount of the redemption premium, if any),
(4)&nbsp;that dividends on the shares to be redeemed will cease to accumulate
on such date fixed for redemption, (5)&nbsp;the provision of these terms of the
Series&nbsp;B Preferred Shares under which redemption shall be made, and
(6)&nbsp;if less than all of the Outstanding Series&nbsp;B Preferred Shares are
to be redeemed, the number of Series&nbsp;B Preferred Shares to be redeemed and
the basis upon which the Series&nbsp;B Preferred Shares to be redeemed are to
be selected. No defect in the Notice of Redemption or in the transmittal or
mailing thereof will affect the validity of the redemption proceedings, except
as required by applicable law.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Notwithstanding
the provisions of paragraph (a)&nbsp;of this Section&nbsp;4, no Series&nbsp;B
Preferred Shares may be redeemed unless all dividends in arrears on the
Outstanding Series&nbsp;B Preferred Shares and all shares of capital stock of
the Company ranking on a parity with the Series&nbsp;B Preferred Shares with
respect to payment of dividends or upon liquidation have been or are being
contemporaneously paid or set aside for payment;&nbsp;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">provided</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">,&nbsp;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">however</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">,
that the foregoing shall not prevent the purchase or acquisition of all
Outstanding Series&nbsp;B Preferred Shares pursuant to the successful
completion of an otherwise lawful purchase or exchange offer made on the same
terms to, and accepted by, Holders of all Outstanding Series&nbsp;B Preferred
Shares.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(d)&#8239;&#8239;&#8239;&#8239;&#8239;Upon
payment to the applicable Holders of Series&nbsp;B Preferred Shares of funds
sufficient to redeem the number of Series&nbsp;B Preferred Shares to be
redeemed on or prior to the date fixed for redemption and the giving of the
Notice of Redemption to the Paying Agent and the Holders of the Series&nbsp;B
Preferred Shares under paragraph (b)&nbsp;of this Section&nbsp;4, dividends on
such shares shall cease to accumulate and such shares shall no longer be deemed
to be Outstanding for any purpose (including, without limitation, for purposes
of calculating whether the Company has maintained the Series&nbsp;B Preferred
Shares Asset Coverage or met the Series&nbsp;B Preferred Shares Basic
Maintenance Amount), and all rights of the Holders of the shares so called for
redemption shall cease and terminate, except the right of such Holders to
receive the redemption price specified herein, but without any interest or
other additional amount. Such redemption price shall be paid by the Company
directly or through the Paying Agent to the Holders and, if applicable, upon
written request, the Company shall be entitled to receive from the Paying
Agent, promptly after the date fixed for redemption, any cash deposited with
the Paying Agent in excess of (1)&nbsp;the aggregate redemption price of the
Series&nbsp;B Preferred Shares called for redemption on such date and
(2)&nbsp;such other amounts, if any, to which Holders of Series&nbsp;B
Preferred Shares called for redemption may be entitled. Any funds so deposited
that are unclaimed at the end of two years from such redemption date shall, to
the extent permitted by law, be paid to the Company upon its written request,
after which time the Holders so called for redemption may look only to the
Company for payment of the redemption price and all other amounts, if any, to
which they may be entitled.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;To
the extent that any redemption for which a Notice of Redemption has been given
is not made by reason of the Special Redemption Limitation, such redemption
shall be made as soon as practicable to the extent such funds become legally
available or such redemption is no longer otherwise prohibited. Failure to
redeem Series&nbsp;B Preferred Shares shall be deemed to exist when the Company
shall have failed, for any reason whatsoever, to pay to the applicable Holders
of Series&nbsp;B Preferred Shares on or prior to the date fixed for redemption
the redemption price with respect to any shares for which such Notice of
Redemption has been given in accordance with Sections 4(a)&nbsp;and
4(b)&nbsp;hereof. Notwithstanding the fact that the Company may not have redeemed
Series&nbsp;B Preferred Shares for which a Notice of Redemption has been given,
dividends may be declared and paid on Series&nbsp;B Preferred Shares and shall
include those Series&nbsp;B Preferred Shares for which Notice of Redemption has
been given but for which deposit of funds has not been made.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p align=center style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">7</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;
</font></p>


</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV><a name="page_8"></a><a name="_bclPageBorder8"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;All
moneys paid to the Paying Agent for payment of the redemption price of
Series&nbsp;B Preferred Shares called for redemption shall be held in trust by
the Paying Agent for the benefit of Holders of Series&nbsp;B Preferred Shares
to be redeemed.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(g)&#8239;&#8239;&#8239;&#8239;&#8239;Except
for the provisions described above, nothing contained in these terms of the
Series&nbsp;B Preferred Shares limits any right of the Company to purchase or
otherwise acquire any Series&nbsp;B Preferred Shares at any price, whether
higher or lower than the price that would be paid in connection with an
optional or mandatory redemption, so long as, at the time of any such purchase,
(1)&nbsp;there is no arrearage in the payment of dividends on, or the mandatory
or optional redemption price with respect to, any Series&nbsp;B Preferred
Shares for which Notice of Redemption has been given, (2)&nbsp;the Company is
in compliance with the Series&nbsp;B Preferred Shares Asset Coverage and
Series&nbsp;B Preferred Shares Basic Maintenance Amount after giving effect to
such purchase or acquisition on the date thereof and (3)&nbsp;the purchase is
made by the Company pro rata, so as not to discriminate unfairly against any
Holder of the Series&nbsp;B Preferred Shares at the time outstanding. If fewer
than all the Outstanding Series&nbsp;B Preferred Shares are redeemed or
otherwise acquired by the Company, the Company shall give notice of such
transaction to the Paying Agent in accordance with the procedures agreed upon
by the Board of Directors.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(h)&#8239;&#8239;&#8239;&#8239;&#8239;In
the case of any redemption pursuant to this Section&nbsp;4, only whole
Series&nbsp;B Preferred Shares shall be redeemed, and in the event that any
provision of the Charter would require redemption of a fractional share, the
Company or the Paying Agent, as applicable, shall be authorized to round up so
that only whole shares are redeemed.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Notwithstanding
anything herein to the contrary, the Board of Directors may authorize, create
or issue any class or series of shares of capital stock, including other series
of mandatorily redeemable Preferred Stock, ranking on a parity with the
Series&nbsp;B Preferred Shares with respect to the payment of dividends or the
distribution of assets upon dissolution, liquidation or winding up of the
affairs of the Company, to the extent permitted by the 1940 Act, if
(1)&nbsp;upon issuance, the Company would meet the Series&nbsp;B Preferred
Shares Asset Coverage and the Series&nbsp;B Preferred Shares Basic Maintenance
Amount and (2)&nbsp;in the event the articles supplementary creating such new
series of Preferred Stock provide for a requirement that the Company redeem the
Preferred Stock if the Company fails to satisfy a particular asset coverage
ratio or basic maintenance amount that is greater than the Series&nbsp;B
Preferred Shares Asset Coverage and the Series&nbsp;B Preferred Shares Basic
Maintenance Amount, respectively, then the Company shall also offer to redeem
the Series&nbsp;B Preferred Shares substantially simultaneously on the same
terms in the same proportion as such shares of Preferred Stock are redeemed.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p align=center style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">8</font></p>

<p style="margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>




<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>


</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV><a name="page_9"></a><a name="_bclPageBorder9"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Section&nbsp;5.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Voting
Rights</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Except
for matters which do not require the vote of Holders of Series&nbsp;B Preferred
Shares under the 1940 Act and except as otherwise provided in the Charter or
Bylaws, herein or as otherwise required by applicable law, (1)&nbsp;each Holder
of Series&nbsp;B Preferred Shares shall be entitled to one vote for each
Series&nbsp;B Preferred Share held on each matter submitted to a vote of
stockholders of the Company, and (2)&nbsp;the holders of Outstanding Preferred
Stock and Common Shares shall vote together as a single class on all matters
submitted to stockholders;&nbsp;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">provided</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">,&nbsp;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">however</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">, that the
holders of Outstanding Preferred Stock shall be entitled, as a class, to the
exclusion of the holders of shares of all other classes of stock of the
Company, to elect two Directors of the Company at all times. Subject to the
foregoing rights of the Holders of the Series&nbsp;B Preferred Shares, the
identity and class (if the Board of Directors is then classified) of the
nominees for such Directors may be fixed by the Board of Directors. Subject to
paragraph (b)&nbsp;of this Section&nbsp;5, the holders of Outstanding Common
Shares and Preferred Stock, voting together as a single class, shall elect the
balance of the Directors.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(b)&#8239;&#8239;&#8239;&#8239;&#8239;During
any period in which any one or more of the conditions described below shall
exist (such period being referred to herein as a &#8220;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Voting Period</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221;), the
number of Directors constituting the Board of Directors shall automatically
increase by the smallest number that, when added to the two Directors elected
exclusively by the holders of Preferred Stock would constitute a majority of
the Board of Directors as so increased by such smallest number; and the holders
of Preferred Stock shall be entitled, voting as a class on a one-vote-per-share
basis (to the exclusion of the holders of all other classes of shares of the
Company that are stock), to elect such smallest number of additional Directors,
together with the two Directors that such holders are in any event entitled to
elect. A Voting Period shall commence (i)&nbsp;if at the close of business on
any Dividend Payment Date accumulated dividends (whether or not earned or
declared) on Preferred Stock equal to at least two full years&#8217; dividends shall
be due and unpaid; or (ii)&nbsp;if at any time holders of any Preferred Stock
are entitled under the 1940 Act to elect a majority of the Directors of the
Company.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Upon the termination of a Voting Period, the voting rights
described in this paragraph (b)&nbsp;of this Section&nbsp;5 shall cease,
subject always, however, to the revesting of such voting rights in the holders
of Preferred Stock upon the further occurrence of any of the events described
in this paragraph (b)&nbsp;of this Section&nbsp;5.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;As
soon as practicable after the accrual of any right of the holders of Preferred
Stock to elect additional Directors as described in paragraph (b)&nbsp;of this
Section&nbsp;5, the Company shall call a special meeting of such holders, and
mail a notice of such special meeting to such holders, such meeting to be held
not less than 10 or more than 30 calendar days after the date of mailing of
such notice. If the Company fails to send such notice or if a special meeting
is not called at the expense of the Company, it may be called by any such
holder on like notice. The record date for determining the holders entitled to
notice of and to vote at such special meeting shall be the close of business on
the fifth Business Day preceding the day on which such notice is mailed. At any
such special meeting and at each meeting of holders of Preferred Stock held
during a Voting Period at which Directors are to be elected, such holders,
voting as a separate class (to the exclusion of the holders of all classes of
capital stock of the Company that are not Preferred Stock), shall be entitled
to elect the number of Directors prescribed in paragraph (b)&nbsp;of this
Section&nbsp;5 on a one-vote-per-share basis.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p align=center style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">9</font></p>

<p style="margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;
</font></p>


</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV><a name="page_10"></a><a name="_bclPageBorder10"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;(d)&#8239;&#8239;&#8239;&#8239;&#8239;The
terms of office of all persons who are Directors of the Company at the time of
a special meeting of Holders of the Series&nbsp;B Preferred Shares and holders
of other Preferred Stock to elect Directors shall continue, notwithstanding the
election at such meeting by the Holders of the Series&nbsp;B Preferred Shares
and such holders of other Preferred Stock of the number of Directors that they
are entitled to elect, and the persons so elected by such holders, together
with the two incumbent Directors elected by such holders and the remaining
incumbent Directors, shall constitute the duly elected Directors of the
Company.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Simultaneously
with the termination of a Voting Period, the terms of office of the additional
Directors elected by the Holders of the Series&nbsp;B Preferred Shares and
holders of other Preferred Stock pursuant to paragraph (b)&nbsp;of this
Section&nbsp;5 shall terminate, the number of Directors constituting the Board
of Directors shall decrease accordingly, the remaining Directors shall
constitute the Directors of the Company and the voting rights of such holders
to elect additional Directors pursuant to paragraph (b)&nbsp;of this
Section&nbsp;5 shall cease, subject to the provisions of the last sentence of
paragraph (b)&nbsp;of this Section&nbsp;5.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;So
long as any of the Preferred Stock are Outstanding, the Company will not,
without the affirmative vote of the holders of a majority of the outstanding
Preferred Stock determined with reference to a &#8220;majority of outstanding voting
securities&#8221; as that term is defined in Section&nbsp;2(a)(42) of the 1940 Act (a
&#8220;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">1940 Act Majority</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221;), voting as a separate class:</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.75in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;amend,
alter or repeal (including by merger, consolidation or otherwise) any of the
preferences, rights or powers of such class of Preferred Stock so as to affect
materially and adversely such preferences, rights or powers as defined in
Section&nbsp;5(h)&nbsp;below;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.75in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">(ii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;amend,
alter or repeal (including by merger, consolidation or otherwise) any of the
provisions of the Charter or Bylaws if such amendment, alteration or repeal
would adversely affect any privilege, preference, right or power of the
Series&nbsp;B Preferred Shares;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.75in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">(iii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;create,
authorize or issue shares of any class of capital stock ranking senior to or on
a parity with the Preferred Stock with respect to the payment of dividends or
the distribution of assets, or any securities convertible into, or warrants,
options or similar rights to purchase, acquire or receive, such shares of
capital stock ranking senior to or on a parity with the Preferred Stock or
reclassify any authorized shares of capital stock of the Company into any
shares ranking senior to or on a parity with the Preferred Stock (except that,
notwithstanding the foregoing, but subject to the provisions of
Section&nbsp;4(i), the Board of Directors, without the vote or consent of the
holders of the Preferred Stock may from time to time authorize, create and
classify, and the Company, to the extent permitted by the 1940 Act, may from
time to time issue, shares or series of Preferred Stock, including other series
of mandatorily redeemable Preferred Stock, ranking on a parity with the
Series&nbsp;B Preferred Shares with respect to the payment of dividends and the
distribution of assets upon dissolution, liquidation or winding up of the
affairs of the Company, and may authorize, reclassify and/or issue any
additional Series&nbsp;B Preferred Shares, including shares previously
purchased or redeemed by the Company, subject to (1)&nbsp;continuing compliance
by the Company with the Series&nbsp;B Preferred Shares Asset Coverage
requirement and Series&nbsp;B Preferred Shares Basic Maintenance Amount and
(2)&nbsp;the payment in full of all accrued and unpaid dividends on the
Series&nbsp;B Preferred Shares and the effectuation of all redemptions required
in respect of the Series&nbsp;B Preferred Shares, in each case, without regard
to the Special Redemption Limitation in Section&nbsp;4(a)(iii), except to the
extent the proceeds of the issuance of such Preferred Shares are used to pay
such dividends in full and to effect all such redemptions);</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p align=center style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">10</font></p>

<p style="margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>




<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.75in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>


</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV><a name="page_11"></a><a name="_bclPageBorder11"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.75in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">(iv)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;enter
into, become a party to, be bound by or adopt or allow to exist any agreement
or instrument or any evidence of indebtedness which contains restrictive
covenants intended to limit the right of the Company to make dividends,
distributions, redemptions or repurchases of Series&nbsp;B Preferred Shares
(each a &#8220;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Restricted Payment Covenant</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221;) which are more restrictive than
the most restrictive of the provisions of Section&nbsp;7.4 of the Credit
Agreement or Section&nbsp;10.4 of the Note Purchase Agreement, in each case, as
such Credit Agreement and Note Purchase Agreement is in effect on
October&nbsp;3, 2024 (other than Restricted Payment Covenants that are more
restrictive as a result of (1)&nbsp;a change in the laws or regulations or the
Rating Agency Guidelines to which the Company is subject or (2)&nbsp;dividends,
distributions, redemptions or repurchases of Preferred Stock being blocked or
restricted as a result of the occurrence of any default or event of default as
such terms are defined under any such agreement or instrument);</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:2.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">(v)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;liquidate
or dissolve the Company;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.75in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">(vi)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;create,
incur or suffer to exist, or agree to create, incur or suffer to exist, or
consent to cause or permit in the future (upon the happening of a contingency
or otherwise) the creation, incurrence or existence of any material lien,
mortgage, pledge, charge, security interest, security agreement, conditional
sale or trust receipt or other material encumbrance of any kind upon any of the
Company&#8217;s assets as a whole, except (A)&nbsp;liens the validity of which are
being contested in good faith by appropriate proceedings, (B)&nbsp;liens for
taxes that are not then due and payable or that can be paid thereafter without
penalty, (C)&nbsp;liens, pledges, charges, security interests, security
agreements or other encumbrances arising in connection with any indebtedness
senior to the Series&nbsp;B Preferred Shares or arising in connection with any
futures contracts or options thereon, interest rate swap or cap transactions,
forward rate transactions, put or call options, short sales of securities or
other similar transactions, (D)&nbsp;liens, pledges, charges, security
interests, security agreements or other encumbrances arising in connection with
any indebtedness permitted under clause (vii)&nbsp;below and (E)&nbsp;liens to
secure payment for services rendered, including, without limitation, services
rendered by the Company&#8217;s custodian and the Paying Agent; and</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.75in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">(vii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;create,
authorize, issue, incur or suffer to exist any indebtedness for borrowed money
or any direct or indirect guarantee of such indebtedness for borrowed money or
any direct or indirect guarantee of such indebtedness, except the Company may
borrow and issue indebtedness as may be permitted by the Company&#8217;s investment
restrictions or as may be permitted by the 1940 Act;&nbsp;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">provided</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">,&nbsp;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">however</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">,
that transfers of assets by the Company subject to an obligation to repurchase
shall not be deemed to be indebtedness for purposes of this provision to the
extent that after any such transaction the Company meets the Series&nbsp;B
Preferred Shares Basic Maintenance Amount; and</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.75in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">(viii)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;create,
authorize or issue any shares of capital stock of the Company which are senior
to the Series&nbsp;B Preferred Shares with respect to the payment of dividends,
the making of redemptions, liquidation preferences or the distributions of
assets of the Company.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(g)&#8239;&#8239;&#8239;&#8239;&#8239;The
affirmative vote of the holders of a 1940 Act Majority of the Outstanding
Preferred Stock, voting as a separate class, shall be required to approve any plan
of reorganization (as such term is used in the 1940 Act) adversely affecting
such shares or any action requiring a vote of security holders of the Company
under Section&nbsp;13(a)&nbsp;of the 1940 Act.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p align=center style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">11</font></p>

<p style="margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;
</font></p>


</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV><a name="page_12"></a><a name="_bclPageBorder12"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;(h)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
affirmative vote of the Holders of a 1940 Act Majority of the Series&nbsp;B
Preferred Shares, voting separately as a series, shall be required with respect
to any matter that materially and adversely affects the rights, preferences, or
powers of the Series&nbsp;B Preferred Shares in a manner different from that of
other separate series of classes of the Company&#8217;s Preferred Stock. The vote of
holders of any shares described in this Section&nbsp;5(h)&nbsp;will in each
case be in addition to a separate vote of the requisite percentage of Common
Shares and/or Preferred Stock, if any, necessary to authorize the action in
question.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(i)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Subject
to the last sentence of this paragraph, the rights of the Series&nbsp;B
Preferred Shares or the Holders thereof, including, without limitation, the
interpretation or applicability of any or all covenants or other obligations of
the Company contained herein or of the definitions of the terms contained
herein, all such covenants, obligations and definitions having been adopted
pursuant to Rating Agency Guidelines, may from time to time be modified,
altered or repealed by the Board of Directors in its sole discretion, based on
a determination by the Board of Directors upon the request of a Rating Agency
that such action is necessary or appropriate in connection with obtaining or
maintaining the rating of any Rating Agency with respect to the Series&nbsp;B
Preferred Shares or revising the Company&#8217;s investment restrictions or policies
consistent with guidelines of any Rating Agency, and any such modification,
alteration or repeal will not be deemed to affect the preferences, rights or
powers of the Series&nbsp;B Preferred Shares or the Holders thereof, provided
that the Board of Directors receives written confirmation from each relevant
Rating Agency (with such confirmation in no event being adopted in connection
with another Rating Agency&#8217;s rating of the Series&nbsp;B Preferred Shares) that
any such modification, alteration or repeal would not adversely affect the
rating then assigned by such Rating Agency. Notwithstanding the foregoing, in
the event the Company has been requested by a Rating Agency to take any action
with respect to the Series&nbsp;B Preferred Shares to maintain the rating of
such Rating Agency thereon and such action would require the vote of the
Holders of the Series&nbsp;B Preferred Shares, if the Company shall give
written notice of such request in reasonable detail of such action by the
Rating Agency in writing to each Holder of the Series&nbsp;B Preferred Shares
by delivery by nationally recognized courier service of hard copies and only if
such &#8220;courier&#8221; receives written acknowledgement of receipt by such Holder (such
notice being referred to as the &#8220;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Company Request</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221;), a Holder shall be
deemed to have agreed to the matters requested by the Company in such Company
Request if such Holder does not object to the Company Request within 30 days
after receipt of the Company Request.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">The terms of the Series&nbsp;B Preferred Shares are subject to the
Rating Agency Guidelines, as reflected in a written document and as amended
from time to time by the respective Rating Agency, for so long as the
Series&nbsp;B Preferred Shares are then rated by the applicable Rating Agency.
Such Rating Agency Guidelines may be amended by the respective Rating Agency
without the vote, consent or approval of the Company, the Board of Directors
and any holder of shares of Preferred Stock of any series, or any other stockholder
of the Company.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(j)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Unless
otherwise required by law, Holders of Series&nbsp;B Preferred Shares shall not
have any relative rights or preferences or other special rights other than
those specifically set forth herein. The Holders of Series&nbsp;B Preferred
Shares shall have no rights to cumulative voting.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p align=center style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">12</font></p>

<p style="margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>




<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>


</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV><a name="page_13"></a><a name="_bclPageBorder13"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(k)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
foregoing voting provisions will not apply with respect to the Series&nbsp;B
Preferred Shares if, at or prior to the time when a vote is required, such
shares have been (i)&nbsp;redeemed or (ii)&nbsp;called for redemption and
sufficient funds shall have been deposited in trust to effect such redemption.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(l)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Any
waiver or consent granted or to be effected by any Holder of Series&nbsp;B
Preferred Shares that has agreed to transfer such Series&nbsp;B Preferred
Shares to the Company or any Affiliate of the Company and has agreed to provide
such waiver or consent as a condition to such transfer shall be void and of no
effect except as to such Holder.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Section&nbsp;6.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Liquidation
Rights</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(a)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Upon
the dissolution, liquidation or winding up of the affairs of the Company,
whether voluntary or involuntary, the Holders of Series&nbsp;B Preferred Shares
then Outstanding, together with holders of shares of any Preferred Stock then
outstanding ranking on a parity with the Series&nbsp;B Preferred Shares upon
dissolution, liquidation or winding up, shall be entitled to receive and to be
paid out of the assets of the Company (or the proceeds thereof) available for
distribution to its stockholders after satisfaction of claims of creditors of
the Company, but before any distribution or payment shall be made in respect of
the Common Shares, an amount equal to the liquidation preference with respect
to such shares. The liquidation preference for Series&nbsp;B Preferred Shares
shall be $25.00 per share, plus an amount equal to all accumulated dividends
thereon (whether or not earned or declared but without interest) to the date
payment of such distribution is made in full. No redemption premium shall be
paid upon any liquidation even if such redemption premium would be paid upon
optional or mandatory redemption of the relevant shares. In determining whether
a distribution (other than upon voluntary or involuntary liquidation), by
dividend, redemption or otherwise, is permitted under the MGCL, amounts that
would be needed, if the Company were to be dissolved at the time of
distribution, to satisfy the liquidation preference of the Series&nbsp;B
Preferred Shares will not be added to the Company&#8217;s total liabilities.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(b)&#8239;&#8239;&#8239;&#8239;&#8239;If,
upon any liquidation, dissolution or winding up of the affairs of the Company,
whether voluntary or involuntary, the assets of the Company available for
distribution among the holders of all outstanding Preferred Stock shall be
insufficient to permit the payment in full to holders of the amounts to which
they are entitled, then the available assets shall be distributed among the
holders of all outstanding Preferred Stock ratably in any distribution of
assets according to the respective amounts which would be payable on all the
shares if all amounts thereon were paid in full.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(c)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Upon
the dissolution, liquidation or winding up of the affairs of the Company,
whether voluntary or involuntary, until payment in full is made to the holders
of Outstanding Preferred Stock, including the Series&nbsp;B Preferred Shares,
of the liquidation distribution to which they are entitled, (1)&nbsp;no
dividend or other distribution shall be made to the holders of Common Shares or
any other class of shares of capital stock of the Company ranking junior to the
Preferred Stock upon dissolution, liquidation or winding up and (2)&nbsp;no
purchase, redemption or other acquisition for any consideration by the Company
shall be made in respect of the Common Shares or any other class of shares of
capital stock of the Company ranking junior to the Preferred Stock upon
dissolution, liquidation or winding up.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p align=center style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">13</font></p>

<p style="margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;
</font></p>


</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV><a name="page_14"></a><a name="_bclPageBorder14"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;(d)&#8239;&#8239;&#8239;&#8239;&#8239;A
consolidation, reorganization or merger of the Company with or into any
company, trust or other legal entity, or a sale, lease or exchange of all or
substantially all of the assets of the Company in consideration for the
issuance of equity securities of another company, trust or other legal entity
shall not be deemed to be a liquidation, dissolution or winding up, whether
voluntary or involuntary, for the purposes of this Section&nbsp;6.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(e)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;After
the payment to the holders of Preferred Stock of the full preferential amounts
provided for in this Section&nbsp;6, the holders of Preferred Stock as such
shall have no right or claim to any of the remaining assets of the Company.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.25in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8239;&#8239;&#8239;&#8239;&#8239;(f)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Subject
to the rights of the holders of shares of any series or class or classes of
stock ranking on a parity with Series&nbsp;B Preferred Shares with respect to
the distribution of assets upon dissolution, liquidation or winding up of the
affairs of the Company, after payment shall have been made in full to the
Holders of the Series&nbsp;B Preferred Shares as provided in paragraph
(a)&nbsp;of this Section&nbsp;6, but not prior thereto, any other series or
class or classes of stock ranking junior to Series&nbsp;B Preferred Shares with
respect to the distribution of assets upon dissolution, liquidation or winding
up of the affairs of the Company shall, subject to any respective terms and
provisions (if any) applying thereto, be entitled to receive any and all assets
remaining to be paid or distributed, and the Holders of the Series&nbsp;B
Preferred Shares shall not be entitled to share therein.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Section&nbsp;7.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Certain
Other Restrictions</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">. If the Rating Agency Guidelines require the Company to
receive a prior written confirmation that certain actions would not impair the
rating then assigned by the Rating Agency to the Series&nbsp;B Preferred
Shares, then the Company will not engage in such actions unless it has received
written confirmation from such Rating Agency that such actions would not impair
the rating then assigned by such Rating Agency.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Section&nbsp;8.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Compliance
Procedures for Asset Maintenance Tests</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">. For so long as any Series&nbsp;B
Preferred Shares are Outstanding and Kroll or any Other Rating Agency which so
requires is then rating such shares, the Company shall deliver to each Rating
Agency which is then rating Series&nbsp;B Preferred Shares and any other party
specified in the Rating Agency Guidelines all certificates that are set forth
in the respective Rating Agency Guidelines at such times and containing such
information as set forth in the respective Rating Agency Guidelines.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Section&nbsp;9.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Notice</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">.
All notices and communications provided for hereunder shall be in accordance
with these terms of the Series&nbsp;B Preferred Shares or, as applicable, by
the MGCL for notices of stockholders&#8217; meetings.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Section&nbsp;10.&#8239;&#8239;&#8239;&#8239;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Waiver</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">. To the
extent permitted by Maryland law, holders of a 1940 Act Majority of the
outstanding Preferred Stock, acting collectively or voting separately from any
other series, may by affirmative vote waive any provision hereof intended for
their respective benefit in accordance with such procedures as may from time to
time be established by the Board of Directors.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p align=center style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">14</font></p>

<p style="margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>




<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>


</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV><a name="page_15"></a><a name="_bclPageBorder15"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Section&nbsp;11.&#8239;&#8239;&#8239;&#8239;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Termination</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">.
If no Series&nbsp;B Preferred Shares are Outstanding, all rights and
preferences of such shares established and designated hereunder shall cease and
terminate, and all obligations of the Company under these terms of the
Series&nbsp;B Preferred Shares, shall terminate.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Section&nbsp;12.&#8239;&#8239;&#8239;&#8239;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Facts Ascertainable
Outside Charter</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">. Subject to the provisions of these terms of the
Series&nbsp;B Preferred Shares, the Board of Directors may, by resolution duly
adopted, without stockholder approval (except as otherwise provided by these
terms of the Series&nbsp;B Preferred Shares or required by applicable law),
modify these terms of the Series&nbsp;B Preferred Shares to reflect any
modification hereto which the Board of Directors is entitled to adopt pursuant
to the terms of Section&nbsp;5(i)&nbsp;hereof or otherwise without stockholder
approval. To the extent permitted by applicable law, the Board of Directors may
interpret, modify or adjust the provisions of these terms of the Series&nbsp;B
Preferred Shares to resolve any inconsistency or ambiguity or to remedy any
defect.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Section&nbsp;13.&#8239;&#8239;&#8239;&#8239;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Definitions</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">. As
used herein, the following terms shall have the following meanings (with terms
defined in the singular having comparable meanings when used in the plural and
vice versa), unless the context otherwise requires:</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">1940 Act</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means the Investment Company Act of 1940, as
amended from time to time.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">1940 Act Majority</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; has the meaning set forth in
Section&nbsp;5(f)&nbsp;hereof.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Affiliate</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means, at any time, and with respect to any
Person, any other Person that at such time directly or indirectly through one
or more intermediaries Controls, or is Controlled by, or is under common
Control with, such first Person. As used in this definition, &#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Control</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221;
means the possession, directly or indirectly, of the power to direct or cause
the direction of the management and policies of a Person, whether through the
ownership of voting securities, by contract or otherwise. Unless the context otherwise
clearly requires, any reference to an &#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Affiliate</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; is a reference to an
Affiliate of the Company.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Agency Discounted Value</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means the quotient of the Market
Value of an Eligible Asset divided by the applicable Rating Agency Discount
Factor.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Applicable Rate</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means 5.391% per annum, as adjusted (if
applicable in accordance with Section&nbsp;3(c)(i)&nbsp;hereof).</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Asset Coverage Cure Date</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; has the meaning set forth in
Section&nbsp;4(a)(ii).</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Board of Directors</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; or &#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Board</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means the Board of
Directors of the Company or any duly authorized committee thereof as permitted
by applicable law.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Business Day</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means (a)&nbsp;for the purposes of an
optional redemption pursuant to Section&nbsp;4(a)(i)&nbsp;only, any day other
than a Saturday, a Sunday or a day on which commercial banks in New York City
are required or authorized to be closed, and (b)&nbsp;for the purposes of any
other provision of these Articles Supplementary, any day other than a Saturday,
a Sunday or a day on which commercial banks in New York, New York are required
or authorized to be closed.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p align=center style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">15</font></p>

<p style="margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>




<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>


</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV><a name="page_16"></a><a name="_bclPageBorder16"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Charter</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; has the
meaning set forth in the preamble hereof.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Commission</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means the United States Securities and
Exchange Commission.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Common Shares</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means the shares of common stock, par value
$0.01 per share, of the Company.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Company</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; has the meaning set forth in the preamble hereof.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Company Request</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; has the meaning set forth in
Section&nbsp;5(f).</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Credit Agreement</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means the Amended and Restated Credit
Agreement, dated as of April&nbsp;7, 2017, as amended, among the Company, The
Bank of Nova Scotia, as administrative agent, and the lenders that are party
thereto.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Cure Date</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; has the meaning set forth in
Section&nbsp;4(a)(ii)&nbsp;hereof.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Default</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; has the meaning set forth in
Section&nbsp;3(c)(ii)&nbsp;hereof.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Default Period</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; has the meaning set forth in
Section&nbsp;3(c)(ii)&nbsp;hereof.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Default Rate</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means, with respect to the Series&nbsp;B
Preferred Shares, for any calendar day, the Applicable Rate in effect on such
day (without adjustment for any credit rating change on the Series&nbsp;B
Preferred Shares) plus 5.0% per annum.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Default Rate Cure Period</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; has the meaning set forth in
Section&nbsp;3(c)(iii)&nbsp;hereof.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Deposit Securities</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means, as of any date, any United
States dollar-denominated security or other investment of a type described
below:</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.5in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">(1)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;cash
or any cash equivalent;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.5in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">(2)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
U.S. Government Obligation;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.5in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">(3)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
repurchase agreement collateralized by U.S. Government Obligations issued by
any bank or other financial institution;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.5in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">(4)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
security that has a credit rating from at least one NRSRO that is the highest
applicable rating generally ascribed by such NRSRO to securities with
substantially similar terms as of the date of these terms of the Series&nbsp;B
Preferred Shares (or such rating&#8217;s future equivalent);</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.5in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">(5)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
investment in any money market fund registered under the 1940 Act that
qualifies under Rule&nbsp;2a-7 under the 1940 Act, or similar investment
vehicle described in Rule&nbsp;12d1-1(b)(2)&nbsp;under the 1940 Act;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.5in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">(6)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
letter of credit from a bank or other financial institution that has a credit
rating from at least one NRSRO that is the highest applicable rating generally
ascribed by such NRSRO to bank deposits or short-term debt of similar banks or
other financial institutions as of the date of these terms of the Series&nbsp;B
Preferred Shares (or such rating&#8217;s future equivalent); or</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p align=center style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">16</font></p>

<p style="margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>




<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.5in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>


</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV><a name="page_17"></a><a name="_bclPageBorder17"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.5in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">(7)&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;any
security traded on a national securities exchange and issued by a master
limited partnership or any entity controlling, controlled by, or under common
control with, such master limited partnership with a market capitalization in
excess of $300 million.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Dividend Default</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; has the meaning set forth in
Section&nbsp;3(c)(ii)&nbsp;hereof.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Dividend Payment Date</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; with respect to the Series&nbsp;B
Preferred Shares means the first Business Day of the quarter next following
each Dividend Period.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Dividend Period</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means, with respect to the Series&nbsp;B
Preferred Shares, the Initial Dividend Period and each subsequent period from
but excluding a Quarterly Dividend Date and ending on and including the next
following Quarterly Dividend Date.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Dividend Rate</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; has the meaning set forth in
Section&nbsp;3(c)(i)&nbsp;hereof.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Eligible Assets</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means Kroll Eligible Assets (if Kroll is
then rating any series of Preferred Stock) and/or Other Rating Agency Eligible
Assets (if any Other Rating Agency is then rating the Series&nbsp;B Preferred
Shares), whichever is applicable.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Holder</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means, with respect to Series&nbsp;B Preferred
Shares, the registered holder of Series&nbsp;B Preferred Shares as the same
appears on the share ledger or share records of the Company.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Initial Dividend Period</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; has the meaning set forth in the
second full paragraph under the heading &#8220;Designation&#8221; above.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Kroll</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means Kroll Bond Rating Agency and its successors
at law.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Kroll Discount Factor</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means the discount factors set
forth in the Kroll Guidelines for use in calculating the Agency Discounted
Value of the Company&#8217;s assets in connection with Kroll&#8217;s ratings then assigned
on the Preferred Stock.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Kroll Eligible Assets</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means the assets of the Company set
forth in the Kroll Guidelines as eligible for inclusion in calculating the
Agency Discounted Value of the Company&#8217;s assets in connection with Kroll&#8217;s
ratings then assigned on the Series&nbsp;B Preferred Shares.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Kroll Guidelines</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; mean the guidelines provided by Kroll,
as may be amended from time to time, in connection with Kroll&#8217;s ratings then
assigned on the Series&nbsp;B Preferred Shares.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Mandatory Redemption Date</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; has the meaning set forth in
Section&nbsp;4(a)(iii)&nbsp;hereof.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p align=center style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">17</font></p>

<p style="margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>




<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>


</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV><a name="page_18"></a><a name="_bclPageBorder18"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Market Value</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means
the market value of an asset of the Company determined as follows: Equity
securities that are traded on an exchange are valued at the last quoted sale
price on the principal exchange on which the security is traded at the
&#8220;Valuation Time.&#8221; The Valuation Time is as of the close of regular trading on
the New York Stock Exchange (usually 4:00 p.m.&nbsp;Eastern Time). In the
absence of a sale price, the security is valued at the mean of the bid/ask
quoted at the close on the principal exchange on which the security is traded.
Securities traded on NASDAQ are valued at the NASDAQ official closing price.
Foreign equity securities that are traded on foreign exchanges that close prior
to the Valuation Time are valued by applying fair valuation factors to the last
sale price. Fair valuation factors are provided by an independent pricing
service provider. If the independent pricing service provider is unable to
provide a fair valuation factor, or if the fair valuation factor falls below a
predetermined threshold, the security is valued at the last sale price.
Long-term debt and other fixed-income securities are valued at the last quoted
or evaluated bid price on the valuation date provided by an independent pricing
service provider. If there are no current day bids, the security is valued at
the previously applied bid. Short-term debt securities (such as commercial
paper, and US treasury bills) having a remaining maturity of 60 days or less
are valued at amortized cost, which approximates fair value. In the event that
a security&#8217;s market quotations are not readily available or are deemed
unreliable by the Company&#8217;s investment adviser, the fair value of a security is
determined by the Company&#8217;s investment adviser, taking into account the
relevant factors and surrounding circumstances.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">MGCL</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; has the meaning set forth in
Section&nbsp;2(e)&nbsp;hereof.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Note Purchase Agreement</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means the Note Purchase
Agreement, dated as of June&nbsp;12, 2013, among the Company and each of the
purchasers listed on Schedule A thereto.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Notice of Redemption</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means any notice with respect to the
redemption of Series&nbsp;B Preferred Shares pursuant to Section&nbsp;4(b).</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">NRSRO</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means a nationally recognized statistical ratings
organization.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Original Issue Date</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means October&nbsp;3, 2024.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Other Rating Agency</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means each NRSRO, if any, other than
Kroll then providing a rating for the Series&nbsp;B Preferred Shares pursuant
to the request of the Company.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Other Rating Agency Discount Factor</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means the discount
factors set forth in the Other Rating Agency Guidelines of each Other Rating
Agency for use in calculating the Agency Discounted Value of the Company&#8217;s
assets in connection with the Other Rating Agency&#8217;s rating of the Series&nbsp;B
Preferred Shares.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Other Rating Agency Eligible Assets</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means assets of the
Company designated by any Other Rating Agency as eligible for inclusion in
calculating the Agency Discounted Value of the Company&#8217;s assets in connection
with such Other Rating Agency&#8217;s rating of Series&nbsp;B Preferred Shares.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Other Rating Agency Guidelines</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means the guidelines
provided by each Other Rating Agency, as may be amended from time to time, in
connection with the Other Rating Agency&#8217;s rating of Series&nbsp;B Preferred
Shares.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p align=center style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">18</font></p>

<p style="margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>




<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>


</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV><a name="page_19"></a><a name="_bclPageBorder19"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Outstanding</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; or &#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">outstanding</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221;
means, with respect to a series of Preferred Stock, as of any date, the shares
of such series theretofore issued by the Company except, without duplication,
any shares of such series theretofore canceled, redeemed or repurchased by the
Company, or with respect to which the Company has given notice of redemption
and paid to the applicable Holders sufficient funds to redeem such shares.
Notwithstanding the foregoing, (A)&nbsp;for purposes of voting rights
(including the determination of the number of shares required to constitute a
quorum), any of the shares of the Preferred Stock of which the Company or any
Affiliate of the Company shall be the Holder shall be disregarded and not
deemed outstanding, and (B)&nbsp;for purposes of determining the Series&nbsp;B
Preferred Shares Basic Maintenance Amount, Series&nbsp;B Preferred Shares held
by the Company shall be disregarded and not deemed outstanding but shares held
by any Affiliate of the Company shall be deemed outstanding.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Paying Agent</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; shall mean BOKF, NA.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Person</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; or &#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">person</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means and includes an
individual, a corporation, a partnership, a trust, a company, an unincorporated
association, a joint venture or other entity or a government or any agency or
political subdivision thereof.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Preferred Stock</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means the shares of preferred stock, par
value $0.01 per share, including the Series&nbsp;B Preferred Shares, of the
Company.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Quarterly Dividend Date</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means March&nbsp;31,
June&nbsp;30, September&nbsp;30 and December&nbsp;31.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Rating Agency</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means each of Kroll (if Kroll is then
rating Series&nbsp;B Preferred Shares) and any Other Rating Agency.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Rating Agency Discount Factor</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means the Kroll Discount
Factor (if Kroll is then rating Preferred Stock) or an Other Rating Agency
Rating Agency Discount Factor, whichever is applicable.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Rating Agency Guidelines</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; mean Kroll Guidelines (if Kroll
is then rating Series&nbsp;B Preferred Shares) and any Other Rating Agency
Guidelines (if any Other Rating Agency is then rating Series&nbsp;B Preferred
Shares), whichever is applicable.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Redemption Date</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; has the meaning set forth in
Section&nbsp;3(c)(ii)&nbsp;hereof.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Redemption Default</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; has the meaning set forth in
Section&nbsp;3(c)(ii)&nbsp;hereof</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">.</font></i></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;Restricted Payment Covenant</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; has the meaning set
forth in Section&nbsp;5(f)(iv)&nbsp;hereof.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;Senior Securities&#8221;</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;shall have the meaning
set forth in the first sentence of Section&nbsp;18(g)&nbsp;of the 1940 Act as
in effect on the date of Closing.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Series&nbsp;B Preferred Shares</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means shares of the
Series&nbsp;B Mandatorily Redeemable Preferred Stock of the Company.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Series&nbsp;B Preferred Shares Asset Coverage</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means asset
coverage, as determined in accordance with Section&nbsp;18(h)&nbsp;of the 1940
Act, as in effect on the date of issuance of the Series&nbsp;B Preferred
Shares, of at least 225%, with respect to all outstanding Senior Securities,
including all outstanding Series&nbsp;B Preferred Shares, determined on the
basis of values calculated as of a time within 48 hours next preceding the time
of such determination.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p align=center style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">19</font></p>

<p style="margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>




<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>


</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV><a name="page_20"></a><a name="_bclPageBorder20"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Series&nbsp;B Preferred
Shares Basic Maintenance Amount</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means, so long as Kroll or any Other
Rating Agency is then rating any series of the Outstanding Series&nbsp;B
Preferred Shares, the maintenance of Eligible Assets with an aggregate Agency
Discounted Value at least equal to the basic maintenance amount as provided in
the Rating Agency Guidelines; provided, however, if Kroll or such Other Rating
Agency does not incorporate the Basic Maintenance Amount in its Rating Agency
Guidelines, the Company shall be deemed to have Eligible Assets with aggregate
Agency Discounted Value in excess of the Basic Maintenance Amount for purposes
of this definition.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Special Redemption Limitation</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; shall have the meaning set
forth in Section&nbsp;4(a)(iii).</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Term Redemption Date</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means October&nbsp;3, 2029, for the
Series&nbsp;B Preferred Shares.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">US. Government Obligations</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means direct obligations of
the United States or of its agencies or instrumentalities that are entitled to
the full faith and credit of the United States and that, other than United
States Treasury Bills, provide for the periodic payment of interest and the
full payment of principal at maturity or call for redemption.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Valuation Date</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; means every Friday, or, if such day is not
a Business Day, the next preceding Business Day;&nbsp;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">provided</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">,&nbsp;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">however</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">,
that the first Valuation Date may occur on any other date established by the
Company;&nbsp;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">provided</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">,&nbsp;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">further</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">,&nbsp;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">however</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">, that
such first Valuation Date shall be not more than one week from the date on
which Series&nbsp;B Preferred Shares initially are issued.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8220;</font><i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Voting Period</font></i><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#8221; shall have the meaning set forth in
Section&nbsp;5(b)&nbsp;hereof.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Section&nbsp;14.&nbsp;</font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Interpretation</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">. References to
sections, subsections, clauses, sub-clauses, paragraphs and subparagraphs are
to such sections, subsections, clauses, sub-clauses, paragraphs and
subparagraphs contained herein, unless specifically identified otherwise.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">SECOND</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">: The Series&nbsp;B Preferred Shares have been classified and
designated by the Board of Directors under the authority contained in the
Charter.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">THIRD</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">: These Articles Supplementary have been approved by the Board of
Directors in the manner and by the vote required by law.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">FOURTH</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">: The undersigned Vice President of the Company acknowledges these
Articles Supplementary to be the corporate act of the Company and, as to all
matters or facts required to be verified under oath, the undersigned Vice
President acknowledges that, to the best of his or her knowledge, information
and belief, these matters and facts are true in all material respects and that
this statement is made under the penalties for perjury.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">[</font><font style="font-variant:small-caps;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Signature Page&nbsp;Follows</font></font><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">]</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p align=center style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">20</font></p>

<p style="margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>




<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>


</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV><a name="page_21"></a><a name="_bclPageBorder21"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">IN WITNESS WHEREOF, the
Company has caused these Articles Supplementary to be signed in its name and on
its behalf by its Vice President and attested to by its Secretary on this 1st
day of October, 2024.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Attest:&#160;  &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; ABRDN
ASIA-PACIFIC INCOME FUND, INC.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">/s/ Megan Kennedy</font></u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#160;&#160;&#160;&#160;&#160;&#160;  &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">/s/
Heather Hasson</font></u></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Megan Kennedy&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;  &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Heather Hasson</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Secretary and Vice President&#160;&#160;&#160;&#160;  &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Vice President</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;text-align:justify;text-indent:1.0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p align=center style="margin-bottom:6.0pt;margin-left:0in;margin-right:0in;margin-top:0in;text-align:center;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">21</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;
</font></p>


</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</DIV><a name="page_22"></a><a name="_bclPageBorder22"></a><DIV STYLE="PADDING-RIGHT: 0%; PADDING-LEFT: 0%">
<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font color=black face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><b><font face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:115%;">(2)</font></b></p>

<p align=center style="margin-bottom:0in;margin-left:0in;margin-right:.05pt;margin-top:4.0pt;text-align:center;"><b><u><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ABRDN</font></u></b><b><u><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.45pt;line-height:normal;"> </font></u></b><b><u><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ASIA-PACIFIC</font></u></b><b><u><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.25pt;line-height:normal;"> </font></u></b><b><u><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">INCOME</font></u></b><b><u><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.45pt;line-height:normal;"> </font></u></b><b><u><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">FUND,</font></u></b><b><u><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.4pt;line-height:normal;"> </font></u></b><b><u><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;">INC.</font></u></b></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:.5pt;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">&nbsp;</font></b></p>

<p style="margin-bottom:0in;margin-left:188.1pt;margin-right:0in;margin-top:.05pt;"><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ARTICLES</font></b><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.4pt;line-height:normal;"> </font></b><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">OF</font></b><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.3pt;line-height:normal;"> </font></b><b><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">AMENDMENT</font></b></p>

<p style="margin-bottom:0in;margin-left:77.0pt;margin-right:41.7pt;margin-top:1.6pt;text-indent:-1.0in;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:19.6pt;">ABRDN
ASIA-PACIFIC INCOME FUND, INC., a Maryland corporation (the &#8220;Corporation&#8221;),
certifies that:</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:2.0pt;line-height:19.6pt;"> </font><u><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:19.6pt;">FIRST</font></u><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:19.6pt;">:</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:19.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:19.6pt;">The</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:19.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:19.6pt;">charter</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:19.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:19.6pt;">(the</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:19.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:19.6pt;">&#8220;Charter&#8221;)</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:19.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:19.6pt;">of</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:19.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:19.6pt;">the</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.25pt;line-height:19.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:19.6pt;">Corporation</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:19.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:19.6pt;">is</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:19.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:19.6pt;">hereby</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:19.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:19.6pt;">amended</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.05pt;line-height:19.6pt;">
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:19.6pt;">to</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:19.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:19.6pt;">provide</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:19.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:19.6pt;">that,</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.25pt;line-height:19.6pt;">
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:19.6pt;">upon</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:19.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:19.6pt;">the</font></p>

<p style="margin-bottom:0in;margin-left:5.0pt;margin-right:0in;margin-top:0in;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:9.6pt;">Effective</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.25pt;line-height:9.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:9.6pt;">Time</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.25pt;line-height:9.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:9.6pt;">(as</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.25pt;line-height:9.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:9.6pt;">defined</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.3pt;line-height:9.6pt;">
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:9.6pt;">below),</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.25pt;line-height:9.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:9.6pt;">every</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:9.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:9.6pt;">six</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:9.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:9.6pt;">shares</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.25pt;line-height:9.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:9.6pt;">of</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:9.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:9.6pt;">common</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:9.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:9.6pt;">stock,</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.35pt;line-height:9.6pt;">
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:9.6pt;">$0.01</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:9.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:9.6pt;">par</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.3pt;line-height:9.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:9.6pt;">value</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.3pt;line-height:9.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:9.6pt;">per</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:9.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:9.6pt;">share,</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:9.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:9.6pt;">of</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:9.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:9.6pt;">the</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:9.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:9.6pt;">Corporation</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:9.6pt;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:9.6pt;">which</font></p>

<p style="margin-bottom:0in;margin-left:5.0pt;margin-right:0in;margin-top:0in;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">are</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">issued</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">and</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">outstanding</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">immediately</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">prior</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">to</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">the</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.25pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Effective</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Time</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">shall</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">be</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">changed</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">into</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">one</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">issued</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">and</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">outstanding</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">share</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">of
common stock, $0.06 par value per share, of the Corporation.</font></p>

<p style="margin-bottom:0in;margin-left:5.0pt;margin-right:6.0pt;margin-top:8.1pt;text-indent:1.0in;"><u><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">SECOND</font></u><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">:</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">The</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">amendment</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">to</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">the</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Charter</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">as</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">set</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">forth</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">in</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Article</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;">
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">FIRST</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">herein</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">has</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">been</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">duly</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">approved</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">by</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">at
least a majority of the entire board of directors of the Corporation as
required by law. The amendment set forth herein is limited to a change
authorized to be made without action by the stockholders of the Corporation,
pursuant to Section 2- 309(e)(2) of the Maryland General Corporation Law (the
&#8220;MGCL&#8221;).</font></p>

<p style="margin-bottom:0in;margin-left:5.0pt;margin-right:0in;margin-top:8.0pt;text-indent:1.0in;"><u><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">THIRD</font></u><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">:</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:2.0pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">The</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">charter</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">of</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">the</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Corporation</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">is</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">hereby</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">amended,</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.25pt;line-height:normal;">
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">effective</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">immediately</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">after</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">the</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Effective</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Time (as defined below), to decrease the par value of the
shares of common stock of the Corporation issued and outstanding immediately
after the Effective Time to $0.01 per share.</font></p>

<p style="margin-bottom:0in;margin-left:5.0pt;margin-right:6.85pt;margin-top:7.95pt;text-align:justify;text-indent:1.0in;"><u><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">FOURTH</font></u><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">:</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:2.0pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">The</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.05pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">amendment</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.05pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">to</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">the</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.05pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">charter</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">of the</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.05pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Corporation</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">as</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.05pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">set</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.05pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">forth in Article</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.05pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">THIRD</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.05pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">herein has</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">been duly</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.05pt;line-height:normal;">
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">approved by</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.05pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">a</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">majority</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.05pt;line-height:normal;">
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">of</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.05pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">the</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">entire</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Board</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.05pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">of</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.05pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Directors</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">of</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.05pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">the</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Corporation</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.05pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">as</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">required</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.05pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">by</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.05pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">law.</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:2.0pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">The</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">amendment</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">set</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">forth
in</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.05pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Article</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">THIRD</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">herein</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.05pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">is</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">limited
to</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.05pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">a</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">change</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">expressly</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.05pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">authorized</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">by</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.05pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Section</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2-605(a)(2)</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.05pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">of</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.05pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">the</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">MGCL</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.05pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">to</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.05pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">be</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">made</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">without action by the stockholders of the
Corporation.</font></p>

<p style="margin-bottom:0in;margin-left:5.0pt;margin-right:10.25pt;margin-top:8.0pt;text-indent:1.0in;"><u><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">FIFTH</font></u><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">:</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">There</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;">
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">has</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">been</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">no</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">increase</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">in</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">the</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">authorized</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">stock</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">of</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">the</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Corporation</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">effected</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">by</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">the</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">amendment to the Charter as set forth above.</font></p>

<p style="margin-bottom:0in;margin-left:5.0pt;margin-right:8.95pt;margin-top:8.0pt;text-align:justify;text-indent:1.0in;"><u><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">SIXTH</font></u><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">:</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">These</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;">
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Articles</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">of</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Amendment</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;">
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">shall</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">be</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">effective</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">at</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.25pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">9:30</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">a.m.</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Eastern</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Standard</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;">
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">Time</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">on</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">September 9, 2024 (the &#8220;Effective Time&#8221;).</font></p>

<p style="margin-bottom:0in;margin-left:5.0pt;margin-right:0in;margin-top:7.95pt;text-indent:1.0in;"><u><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">SEVENTH</font></u><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">: The undersigned
officer acknowledges these Articles of Amendment are the act of the Corporation</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">and</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">that</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">to</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">the</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">best</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">of</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">such</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">officer&#8217;s</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">knowledge,</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">information</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">and</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">belief,</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">
</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">all</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.25pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">matters</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">and</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">facts</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">set</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.15pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">forth</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">herein</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">are
true in all material respects and that this statement is made under the
penalties for perjury.</font></p>

<p style="margin-bottom:0in;margin-left:186.05pt;margin-right:0in;margin-top:8.1pt;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">[SIGNATURE</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.4pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">PAGE</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.4pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">FOLLOWS]</font></p>









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<p style="margin-bottom:0in;margin-left:5.0pt;margin-right:6.0pt;margin-top:4.0pt;text-indent:1.0in;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">IN
WITNESS WHEREOF, the Corporation has caused these Articles of Amendment to be
signed in its name and on its behalf by its President and attested to by its
Vice President and Secretary on this 5<sup>th</sup></font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.5pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">day</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.45pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">of</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.45pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">September,</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.65pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">2024.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.1pt;line-height:normal;">ATTEST:&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ABRDN</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.45pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">ASIA-PACIFIC</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.45pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">INCOME</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.4pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;line-height:normal;">FUND,</font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.35pt;line-height:normal;"> </font><font face="times new roman" lang=EN-US style="font-size:10.0pt;letter-spacing:-.2pt;line-height:normal;">INC.</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&nbsp;</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">By:&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">/s/
Megan Kennedy</font></u><font face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;"> &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; By: &#160;&#160;&#160;&#160;&#160; </font><u><font face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">/s/
Alan Goodson</font></u><font face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Name:&#160; Megan
Kennedy&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Name:&#160; Alan Goodson</font></p>

<p style="margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;"><font face="times new roman" lang=EN-US style="font-size:11.0pt;line-height:normal;">Title:&#160;&#160;&#160; Vice
President and Secretary&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Title:&#160;&#160;&#160; President</font></p>

<p style="margin-bottom:8.0pt;margin-left:0in;margin-right:0in;margin-top:0in;"><font face=Aptos,sans-serif lang=EN-US style="font-size:11.0pt;line-height:115%;">&nbsp;</font></p>




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