0001193125-25-284797 Sample Contracts
FORM OF SELLING AGREEMENTSelling Agreement • November 17th, 2025 • PennantPark Enhanced Income Fund • Nebraska
Ultimus Fund Distributors, LLC (the “Distributor”) serves as the principal underwriter of PennantPark Enhanced Income Fund (the “Fund”) a closed-end investment company, shares of which are distributed by Distributor at their respective net asset values plus sales charges as applicable, pursuant to a written agreement (the “Distribution Agreement”). Distributor invites you (the “Company”) to participate as a non-exclusive agent in the distribution of shares of the Fund that are covered under the Distribution Agreement upon the following terms and conditions:
SEED SUBSCRIPTION AGREEMENTSeed Subscription Agreement • November 17th, 2025 • PennantPark Enhanced Income Fund
This Seed Subscription Agreement, dated as of September 2, 2025 (this “Subscription Agreement”), between PennantPark Enhanced Income Fund, a Delaware statutory trust (the “Fund”), and PennantPark Private Holdings, LP, a Delaware limited partnership (the “Purchaser”).
INVESTMENT ADVISORY AGREEMENTInvestment Advisory Agreement • November 17th, 2025 • PennantPark Enhanced Income Fund • New York
This Investment Advisory Agreement (the “Agreement”) is made as of the 17th day of October, 2025, by and between PennantPark Enhanced Income Fund, a Delaware statutory trust (the “Fund”), and PennantPark Investment Advisers, LLC, a Delaware limited liability company (the “Adviser”).
MASTER SERVICES AGREEMENTMaster Services Agreement • November 17th, 2025 • PennantPark Enhanced Income Fund • New York
This Master Services Agreement (this “Agreement”), dated October 17, 2025, is between PennantPark Enhanced Income Fund (the “Fund”), a Delaware statutory trust, and Ultimus Fund Solutions, LLC (“Ultimus”), a limited liability company organized under the laws of the state of Ohio.
DISTRIBUTION AGREEMENTDistribution Agreement • November 17th, 2025 • PennantPark Enhanced Income Fund • New York
This Distribution Agreement (this “Agreement”), dated October 17, 2025, is made by and among PennantPark Enhanced Income Fund, a Delaware statutory trust (the “Fund”), PennantPark Investment Advisers, LLC, a Delaware limited liability company (the “Adviser”), and Ultimus Fund Distributors, LLC, a limited liability company organized under the laws of the state of Ohio (“Distributor”).
CUSTODY AGREEMENTCustody Agreement • November 17th, 2025 • PennantPark Enhanced Income Fund • Massachusetts
EXPENSE LIMITATION AND REIMBURSEMENT AGREEMENTExpense Limitation and Reimbursement Agreement • November 17th, 2025 • PennantPark Enhanced Income Fund
This Expense Limitation and Reimbursement Agreement (the “Agreement”) is made as of October 17, 2025 (the “Agreement Date”), by and among PennantPark Enhanced Income Fund, a Delaware statutory trust (the “Fund”), and PennantPark Private Income Fund Advisers, LLC, a Delaware limited liability company (the “Adviser”).
MANAGEMENT FEE WAIVER AGREEMENT PENNANTPARK ENHANCED INCOME FUNDManagement Fee Waiver Agreement • November 17th, 2025 • PennantPark Enhanced Income Fund • Delaware
This agreement (the “Agreement”) shall be governed by the laws of the State of Delaware, without regard to its conflicts of law principles. Each of the parties hereto irrevocably and unconditionally submits, for itself and its property, to the exclusive jurisdiction of any Delaware State court or Federal court of the United States of America sitting in Delaware, in any action or proceeding arising out of or relating to this Agreement or the transactions contemplated hereby, and each of the parties hereto irrevocably and unconditionally agrees that all claims in respect of any such action or proceeding may be heard and determined in such Delaware State court or, to the extent permitted by law, in such Federal court.
SUB-ADMINISTRATION SERVICES AGREEMENTSub-Administration Services Agreement • November 17th, 2025 • PennantPark Enhanced Income Fund • New York
This Sub-Administration Services Agreement (this “Agreement”), dated October 17, 2025, is between PennantPark Investment Administration, LLC (the “Administrator”), a Delaware limited liability company, and Ultimus Fund Solutions, LLC (“Ultimus”), a limited liability company organized under the laws of the state of Ohio.
ADMINISTRATION AGREEMENTAdministration Agreement • November 17th, 2025 • PennantPark Enhanced Income Fund • New York
AGREEMENT (this “Agreement”) made as of October 17, 2025 by and between PennantPark Enhanced Income Fund, a Delaware statutory trust, (the “Fund”), and PennantPark Investment Administration, LLC, a Delaware limited liability company, (hereinafter referred to as the “Administrator”).