exhibit 4. 2 triangle capital corporation dividend reinvestment plan triangle capital corporation, a maryland corporation ( the “ corporation ” ), hereby adopts the following plan ( the “ plan ” ) with respect to dividends and distributions declared by its board of directors ( the “ board of directors ” ) on shares of its common stock, par value $ 0. 001 per share ( the “ common stock ” ) : 1. unless a stockholder specifically elects to receive cash as set forth below, all cash dividends and distributions hereafter declared by the board of directors shall be payable in shares of the common stock of the corporation, and no action shall be required on such stockholder ’ s part to receive a distribution in stock. 2. such cash dividends and distributions shall be payable on such date or dates as may be fixed from time to time by the board of directors to stockholders of record at the close of business on the record date ( s ) established by the board of directors for the dividend and / or distribution involved. 3. the corporation intends to use primarily newly - issued shares of its common stock to implement the plan, so long as the corporation ’ s common stock is trading at or above net asset value. if the corporation ’ s common stock is trading below net asset value, the corporation will purchase shares in the open market to implement the plan. however, the corporation reserves the right to purchase shares in the open market at any time in connection with its obligations under the plan. if dividends and distributions are reinvested in newly - issued shares, then the number of shares to be issued to a stockholder shall be determined by dividing the total dollar amount of the distribution payable to such stockholder by the market price per share of the corporation ’ s common stock at the close of regular trading on the nasdaq global market on the valuation date fixed by the board of directors for such distribution. market price per share on that date shall be the closing price for such shares on the nasdaq global market or, if no sale is reported for such day, at the average of their reported bid and asked prices. if dividends and distributions are reinvested in shares purchased on the open market, then the number of shares received by a stockholder shall be determined by dividing the total dollar amount of the distribution payable to such stockholder by the average price per share for all shares purchased by the plan administrator on the open market in