RAND CAPITAL CORP Contracts & Agreements

Credit Agreement, dated June 27, 2022, by and between Rand Capital Corporation, as borrower, and M&T Bank, as lender (Filed With SEC on June 27, 2022)

Revolving Line Note, dated June 27, 2022, by Rand Capital Corporation, as borrower (Filed With SEC on June 27, 2022)

Addendum to Line of Credit Note, dated June 27, 2022, by Rand Capital Corporation, as borrower (Filed With SEC on June 27, 2022)

Variable Rate Rider (Daily Simple SOFR), dated June 27, 2022, by Rand Capital Corporation, as borrower (Filed With SEC on June 27, 2022)

General Security Agreement, dated June 27, 2022, by Rand Capital Corporation and each of the subsidiaries listed therein, as debtors, in favor of Manufacturers and Traders Trust... (Filed With SEC on June 27, 2022)

Agreement and Plan of Merger, dated as of December 27, 2021, by and between Rand Capital Sub, Inc. and Rand Capital Sub LLC (Filed With SEC on December 30, 2021)

Investment Advisory and Management Agreement, dated as of December 31, 2020, between Rand Capital Corporation and Rand Capital Management LLC (Filed With SEC on January 4, 2021)

Administration Agreement, dated as of December 31, 2020, between Rand Capital Corporation and Rand Capital Management LLC (Filed With SEC on January 4, 2021)

Description of Securities of Rand Capital Corporation registered under Section 12 of the Securities Exchange Act of 1934, as amended (Filed With SEC on March 9, 2020)

Investment Advisory and Management Agreement, dated as of November 8, 2019, by and between Rand Capital Corporation and Rand Capital Management LLC (Filed With SEC on November 12, 2019)

Administration Agreement, dated as of November 8, 2019, by and between Rand Capital Corporation and Rand Capital Management LLC (Filed With SEC on November 12, 2019)

Shareholder Agreement, dated as of November 8, 2019, by and between Rand Capital Corporation and East Asset Management, LLC (Filed With SEC on November 12, 2019)

Cancellation Agreement, dated as of November 8, 2019, by and between Rand Capital Corporation and Allen F. Grum (Filed With SEC on November 12, 2019)

Cancellation Agreement, dated as of November 8, 2019, by and between Rand Capital Corporation and Daniel P. Penberthy (Filed With SEC on November 12, 2019)

Stock Purchase Agreement, dated as of January 24, 2019, by and among East Asset Management, LLC, Rand Capital Corporation and, solely for purposes of being bound by Sections 7.10... (Filed With SEC on January 25, 2019)

CHANGE IN CONTROL AGREEMENT (Filed With SEC on March 3, 2017)

RAND CAPITAL SBIC, L.P. (Filed With SEC on March 28, 2002)

Page (Filed With SEC on March 28, 2002)