BDC Facts & Stats | 15 
Managerial 
Services 
Compensation/Allocation of Costs and  
Expenses 
Indemnification 
Delegation 
Allowed 
o 
or 
gs 
f 
Yes 
Reimbursement for all costs and expenses 
related to investment operations and its 
investment transactions. 
Yes (except for 
by reason of 
willful 
misfeasance, 
bad faith, gross 
negligence or 
reckless 
disregard of 
duties). 
No 
y 
Yes 
Reimbursement for allocable portion of 
overhead and other expenses incurred by 
SSC in performing its obligations under 
Administration Agreement, including 
company’s allocable portion of costs of 
compensation and related expenses of CFO 
and CCO and their respective staffs (based 
on percentage of time those individuals 
devote, on an estimated basis, to our 
business and affairs); Administration 
Agreement provides reimbursement for 
certain organization costs incurred prior to 
commencement of operations, and for 
certain offering costs. 
Yes (except for 
willful 
misfeasance, 
bad faith or 
gross 
negligence in 
the 
performance of 
their respective 
duties or by 
reason of 
reckless 
disregard of 
their respective 
duties and 
obligations). 
No 

View this content as a flipbook by clicking here.