Common Contracts

PREFERRED STOCK EXCHANGE AGREEMENT

Preferred Stock Exchange Agreement • March 28th, 2025 • Carlyle Secured Lending, Inc. • Delaware

• Contract Type
  Preferred Stock Exchange Agreement
• Filed
  March 28th, 2025
• Company
  Carlyle Secured Lending, Inc.
• Jurisdiction
  Delaware

This PREFERRED STOCK EXCHANGE AGREEMENT, dated as of March 27, 2025 (as it may be amended or modified from time to time, this “Agreement”), is entered into by and between Carlyle Secured Lending, Inc., a Maryland corporation (the “Company”), and Carlyle Investment Management L.L.C., a Delaware limited liability company and the holder of record of shares of the Preferred Stock (as defined below) (“CIM”). Unless context otherwise requires, capitalized terms used but not defined herein shall have the meanings assigned to them in the Merger Agreement (as defined below).

FORM OF PREFERRED STOCK EXCHANGE AGREEMENT

Preferred Stock Exchange Agreement • January 3rd, 2025 • Carlyle Secured Lending, Inc. • Delaware

• Contract Type
  Preferred Stock Exchange Agreement
• Filed
  January 3rd, 2025
• Company
  Carlyle Secured Lending, Inc.
• Jurisdiction
  Delaware

This PREFERRED STOCK EXCHANGE AGREEMENT, dated as of [•], 2025 (as it may be amended or modified from time to time, this “Agreement”), is entered into by and between Carlyle Secured Lending, Inc., a Maryland corporation (the “Company”), and Carlyle Investment Management L.L.C., a Delaware limited liability company and the holder of record of shares of the Preferred Stock (as defined below) (“CIM”). Unless context otherwise requires, capitalized terms used but not defined herein shall have the meanings assigned to them in the Merger Agreement (as defined below).