Exhibit 25(e) under Form N-2

6/29/2020 – name changed to Federated Hermes Project and Trade Finance Tender Fund.

FEDERATED PROJECT AND TRADE FINANCE TENDER FUND

Terms and Conditions of Dividend Reinvestment Plan

Holders of shares of beneficial interest (the “Shares”) of Federated Project and Trade Finance Tender Fund (the “Fund”) who participate (the “Participants”) in the Fund’s Dividend Reinvestment Plan (the “Plan”) are advised as follows:

1) Enrollment of Participants. Each holder of Shares (a “Shareholder”) will automatically be a Participant. A Shareholder whose Shares are registered in the name of a nominee (such as an intermediary firm through which the Shareholder acquired Shares (an “Intermediary”)) must contact the nominee regarding the Shareholder’s status under the Plan.

2) The Plan Administrator. DST Systems, Inc. (the “Plan Administrator”) will act as administrator for each Participant. The Plan Administrator or its delegee administrator will open an account for each Participant under the Plan in the same name as the one in which his, her or its outstanding Shares are registered.

3) Cash Option. The Fund will declare all income dividends and/or capital gains distributions (collectively, “Distributions”) payable in Shares (or, as discussed below, at the option of Shareholders solely upon an affirmative election, in cash). To the extent that a Participant reinvests Distributions in additional Shares, the Participant will receive an amount of Shares of the Fund equal to the amount of the Distribution on that Participant’s Shares divided by the immediate post-Distribution net asset value per Share (“NAV”) of the Fund.

A Participant wishing to receive cash must affirmatively elect to receive Distributions, if any, in cash. A Participant holding Shares through an Intermediary may elect to receive cash by notifying the Intermediary or its nominee (who must be directed to inform the Fund). A Shareholder is free to change this election at any time. However, a Shareholder must request to change its election no less than ninety-five (95) days prior to a Distribution for the change to be effective for such Distribution. If the request is made within ninety-five (95) days of a Distribution, the change will not be effective for such Distribution but will be effective as to subsequent Distributions.

4) Valuation. For purposes of the Plan, the Fund’s NAV shall be the NAV determined on or about the next valuation date following the ex-dividend date (the last date of a dividend period on which an investor can purchase Shares and still be entitled to receive the dividend).

5) Recordkeeping. The Plan Administrator will reflect each Participant’s Shares acquired pursuant to the Plan together with the Shares of other Shareholders of the Fund acquired pursuant to the Plan in noncertificated form. Each Participant will be sent a confirmation by the Plan Administrator of each acquisition made for his, her or its account as soon as practicable, but not later than sixty (60) days after the date thereof. Distributions on fractional Shares will be credited to each Participant’s account to three decimal places. In the event of termination of a Participant’s account under the Plan, the Plan Administrator will adjust for any such undivided fractional interest in cash at the NAV of Shares at the time of termination.

Any Share Distributions or split shares distributed by the Fund on Shares held by the Plan Administrator for Participants will be credited to their accounts.

6) Fees. The Plan Administrator’s service fee for handling Distributions will be paid by the Fund.

7) Termination of the Plan. The Plan may be terminated by the Fund at any time upon written notice to the Participants.

8) Amendment of the Plan. These terms and conditions may be amended by the Fund at any time or times but, except when necessary or appropriate to comply with applicable law or the rules or policies of the Securities and Exchange Commission or any other regulatory authority, only by sending written notice to the Participants at least thirty (30) days prior to the effective date thereof.

9) Applicable Law. These terms and conditions shall be governed by the laws of the State of Delaware.