EX-99.2 3 d39015exv99w2.txt AGREEMENT AMONG INSUREDS AGREEMENT AMONG INSUREDS WITH RESPECT TO THE JOINT INSURED FIDELITY BOND FEDERAL INSURANCE COMPANY BOND NO. 81911329 (THE "FIDELITY BOND") AGREEMENT, made as of May 1, 2006 among the undersigned registered management investment companies and any and all other undersigned insureds (each an "Insured" and together, the "Insureds") pursuant to paragraph (f) of Rule 17g-1 promulgated under the Investment Company Act of 1940 (the "1940 Act") relating to the Fidelity Bond. Each of the Insureds hereby agrees that in the event recovery is received under the Fidelity Bond as a result of a loss sustained by one or more of the Insureds that is a registered management investment company and one or more other Insureds, the registered management investment company shall receive an equitable and proportionate share of the recovery, but at least equal to the amount that it would have received had it provided and maintained a single insured bond with minimum coverage required by paragraph (d) of Rule 17g-1 promulgated under the 1940 Act. Prospect Street High Income Portfolio, Inc. Prospect Street Income Shares, Inc. Highland Floating Rate Fund Highland Floating Rate Advantage Fund Highland Floating Rate, LLC Highland Institutional Floating Rate Income Fund Highland Corporate Opportunities Fund Restoration Opportunities Fund Highland Funds I (Equity Opportunities Fund) Highland Credit Strategies Fund By: /s/ M. Jason Blackburn --------------------------------- Name: M. Jason Blackburn Title: Treasurer, Secretary Highland Capital Management, L.P. By: /s/ James D. Dondero --------------------------------- Name: James D. Dondero Title: President