JOINT FILING AND SOLICITATION AGREEMENT JOINDER AGREEMENT
Exhibit
99.1
JOINDER
AGREEMENT
WHEREAS,
Western Investment LLC, Western Investment Hedged Partners L.P., Western
Investment Activism Partners LLC, Western Investment Total Return Partners L.P.,
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ and
▇▇▇▇▇▇ ▇. ▇▇▇▇ entered into a Joint Filing and Solicitation Agreement on March
2, 2009 (the “Agreement”) for the purpose of seeking representation on the Board
of Directors of ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Income Opportunity Fund Inc., a Maryland
corporation (the “Fund”);
WHEREAS,
Western Investment Institutional Partners LLC and ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ (together, the
“New Members”) wish to join the Group (as defined in the
Agreement).
NOW, IT
IS AGREED, this 9th day of April 2009 by the parties hereto:
1. In
accordance with Rule 13d-1(k)(1)(iii) under the Securities Exchange Act of 1934,
as amended, the New Members agree to the joint filing on behalf of each of them
of statements on Schedule 13D with respect to the securities of the Fund to the
extent required under applicable securities laws. The New Members
agree to be bound by the other terms of the Agreement (a copy of which is
attached hereto), the terms of which are incorporated herein and made a part
hereof.
2. This
Agreement may be executed in counterparts, each of which shall be deemed an
original and all of which, taken together, shall constitute but one and the same
instrument, which may be sufficiently evidenced by one counterpart.
IN
WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as
of the day and year first above written.
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By:
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/s/
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Name:
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▇▇▇▇▇▇
▇. ▇▇▇▇▇▇
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Title:
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Managing
Member
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WESTERN
INVESTMENT INSTITUTIONAL PARTNERS LLC
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By:
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Managing
Member
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By:
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/s/
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
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Name:
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▇▇▇▇▇▇
▇. ▇▇▇▇▇▇
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Title:
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Managing
Member
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/s/
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
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▇▇▇▇▇▇
▇. ▇▇▇▇▇▇
As
Attorney-In-Fact for ▇▇▇▇ ▇.
▇▇▇▇▇▇▇
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