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1.
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During the term of the Agreement, we will:
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(a)
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Monitor any trading activity and make best efforts to identify and profile major street name stockholders;
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(b)
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Communicate with stockholders and brokers, through both outgoing and incoming calls on our toll-free number, to confirm receipt and understanding of the terms of the Offer and answer questions relating solely to the Offer; |
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(c)
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If requested, coordinate all printing activities;
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(d)
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If requested, distribute necessary printed materials
to Broadridge, brokers, banks and registered name holders;
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(e)
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Communicate with back-office personnel of brokerage firms and banks to confirm redistribution of materials to beneficial owners.
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2.
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In performing the services outlined in paragraph 1 (a) - (e) above, we will not render investment advice to the holders or others, and will not make recommendations, either directly or
indirectly, to anyone regarding a decision by such person to participate in the
Offer.
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3.
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During the Offer, we will:
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(a)
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Follow up with bank and broker reorganization departments to confirm receipt of offer material and ensure timely notification to beneficial owners;
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(b)
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Continue to monitor trading activity, establishing contacts at holders to solidify support for the Offer;
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(c)
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Contact individual beneficial holders to confirm receipt of material, answer questions, explain terms of the Offer, determine likelihood of support
for the Offer and provide assistance
in particiting in the Offer;
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(d)
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Contact reorganization departments at all banks and brokerage foms to remind them of the expiration date of the Offer and to determine the responses from their clients. We will also arrange for brokers to contact those clients which have not yet given instructions to participate; and |
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(e)
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Follow up with holders whose participation is expected, but which have not yet been received.
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4.
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For our services, you will pay us a non-refundable fee of $7,500.
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5.
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You represent to us and agree that you will indemnify and hold us harmless against any liability which we may incur by reason of a material omission or misstatement, if any, in the Offer material. We will advise you promptly of any claims for any such liability. You may, at your election, assume the defense of any such action. |
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6.
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We represent to you that we will comply with
applicable requirements of law relating to our services. We further agree not to make any representations
not included in the Offer material and not to make any recornmendations as to whether a stockholder should participate in the Offer.
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7.
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We agree to preserve the confidentiality of all non-public infor ation provided by you or your agents for use in providing services under this Agreement, or
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8.
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The obligations contained
this Agreement shall survive the
term of this Agreement.
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| Accepted: |
Sincerely, |
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THE MEXICO EQUITY & INCOME FUND, INC.
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INVESTORCOM LLC
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By: /s/ Phillip Goldstein
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By: /s/ John Glenn Grau
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Name: Phillip Goldstein
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John Glenn Grau
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Title: Chairman
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President
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Date: 7/14/2021
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Date: 7/14/2021
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