0000356173-05-000050 Sample Contracts

MANAGEMENT CONTRACT BETWEEN FIDELITY CENTRAL INVESTMENT PORTFOLIOS LLC FIDELITY SPECIALIZED HIGH INCOME CENTRAL INVESTMENT PORTFOLIO and FMR CO., INC.
Management Contract • November 29th, 2005 • Fidelity Central Investment Portfolios LLC • Massachusetts

AGREEMENT made this 21st day of July 2005, by and between Fidelity Central Investment Portfolios LLC, a Delaware Limited Liability Company which may issue one or more series of limited liability company interests (hereinafter called the "Fund"), on behalf of Fidelity Specialized High Income Central Investment Portfolio, a series of the Fund (hereinafter called the "Portfolio"), and FMR Co., Inc., a Massachusetts corporation (hereinafter called the "Adviser") as set forth in its entirety below.

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SUB-ADVISORY AGREEMENT between FMR CO., INC. and FIDELITY MANAGEMENT & RESEARCH (U.K.) INC. and FIDELITY CENTRAL INVESTMENT PORTFOLIOS LLC ON BEHALF OF FIDELITY SPECIALIZED HIGH INCOME CENTRAL INVESTMENT PORTFOLIO
Sub-Advisory Agreement • November 29th, 2005 • Fidelity Central Investment Portfolios LLC • Massachusetts

AGREEMENT made this 21st day of July, 2005, by and between FMR Co., Inc., a Massachusetts corporation (hereinafter called the "Advisor"); Fidelity Management & Research (U.K.) Inc. (hereinafter called the "Sub-Advisor"); and Fidelity Central Investment Portfolios LLC, a Delaware limited liability company which may issue one or more series of limited liability company interests (hereinafter called the "Fund") on behalf of Fidelity Specialized High Income Central Investment Portfolio, a series of the Fund (hereinafter called the "Portfolio").

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