ARES CAPITAL CORPORATION (a Maryland corporation) • Shares of Common Stock PURCHASE AGREEMENTPurchase Agreement • March 9th, 2005 • Ares Capital Corp • New York
MERRILL LYNCH & CO. Merrill Lynch, Pierce, Fenner & Smith Incorporated Wachovia Capital Markets, LLC Jefferies & Company, Inc. Legg Mason Wood Walker, Incorporated RBC Capital Markets Corporation
September 30, 2004 (as amended and restated March 8, 2005) Ares Capital Management LLC 1999 Avenue of the Stars Suite 1900 Los Angeles, California 90067 Re: Repayment of Sales Load Advance Gentlemen:Ares Capital Corp • March 9th, 2005
In connection with your agreement to pay an additional 1.5% sales load to the underwriters on our behalf in connection with the initial public offering (the "IPO") of Ares Capital Corporation ("ARCC"), we hereby agree as follows:
