Clough Global Allocation Fund (a Delaware statutory trust) 3,800 Auction Market Preferred Shares ("AMPS") 3,800 Shares [ ]%, Series W28 Liquidation Preference $25,000 per Share FORM OF PURCHASE AGREEMENTClough Global Allocation Fund • November 30th, 2004 • New York
Merrill Lynch & Co. Merrill Lynch, Pierce, Fenner & Smith Incorporated c/o Merrill Lynch, Pierce, Fenner & Smith Incorporated 4 World Financial Center New York, New York 10080
AUCTION AGENCY AGREEMENT dated as of , 2004 Relating to Auction Market Preferred Shares ("AMPS"), 3,800 Shares Series W28 of CLOUGH GLOBAL ALLOCATION FUNDAuction Agency Agreement • November 30th, 2004 • Clough Global Allocation Fund • New York
This Auction Agency Agreement (this "Agreement"), dated as of , 2004, is between CLOUGH GLOBAL ALLOCATION FUND (the "Fund") and The Bank of New York, a New York banking corporation (the "Auction Agent").
BROKER-DEALER AGREEMENTBroker-Dealer Agreement • November 30th, 2004 • Clough Global Allocation Fund • New York
This Broker-Dealer Agreement dated as of [ ] , 2004, is between The Bank of New York, a New York banking corporation (the "Auction Agent") (not in its individual capacity, but solely as agent of Clough Global Allocation Fund, a statutory trust organized under the laws of the State of Delaware, as the same may be amended from time to time (the "Fund"), pursuant to authority granted to it in the Auction Agency Agreement between the Fund and the Auction Agent (the "Auction Agency Agreements") and BROKER-DEALER (together with its successors and assigns, "BD").
