Exhibit C
JOINT FIDELITY BOND AGREEMENT
THIS AGREEMENT is
made as of October 17, 2017, by and among Oaktree Specialty Lending Corporation and Oaktree Strategic Income Corporation (each, an Insured, and together, the Insureds), each acting on behalf of itself, and is effective
as of October 17, 2017.
WHEREAS, each Insured is a closed-end management investment company which has
elected to be regulated as a business development company under the Investment Company Act of 1940, as amended (the 1940 Act); and
WHEREAS, each of the Insureds is named as an insured party under a joint fidelity bond in accordance with Rule
17g-1 (such joint insured bond as it is currently executed and as it may be amended from time to time, hereinafter, the Bond);
WHEREAS, the Insureds, in order to be covered jointly under the Bond, are required by Rule 17g-1 to be parties
to an agreement that establishes the criteria by which the premiums and any recoveries under the Bond shall be allocated among them.
WHEREAS, the
Insureds desire to confirm the criteria by which recoveries under the Bond shall
be allocated between the Insureds;
WHEREAS, this Agreement has been approved by the directors of the Insureds, including a majority of the directors who are not interested
persons of the Insureds (as defined in the 1940 Act).
NOW, THEREFORE, it is agreed as follows:
1. In the event that recovery is received under the Bond as a result of a loss sustained by more than one Insured, the following rules shall
apply for determining the priorities for satisfaction of such claims under the Bond:
a. Each Insured agrees to maintain in effect, and
will pay a portion of the premiums for, the Bond, which premium will be allocated pro rata according to the relative premium that such Insured would pay for separate fidelity bond coverage;
b. Each Insured shall receive an equitable and proportionate share of the recovery, but at least equal to the amount it would have received had
it provided and maintained a single insured bond with the minimum coverage required under Rule 17g-1(d)(1) under the 1940 Act;
c. The remaining amount of recovery, if any, shall then be applied to each claim of each Insured in proportion to the amount of the
unreimbursed loss in excess of such minimums incurred by each Insured; and
d. Each Insured shall, within ten days after making any claim
under the Bond, provide the other party with written notice of the amount and nature of such claim. Each Insured shall, within ten days after the receipt thereof, provide the other party with written notice of the terms of settlement of any claim
made under the Bond by such Insured.
2. The obligations of an Insured under this Agreement are not binding upon any of the directors of an
Insured or Insured shareholders individually, but are binding only with respect to the assets of that Insured.