0000897436-13-000125 Sample Contracts

Amended and Restated Money Manager Agreement
Money Manager Agreement • March 1st, 2013 • Tiff Investment Program Inc • Pennsylvania

This agreement (the "Agreement") is between TIFF Investment Program, Inc. ("TIP"), a Maryland corporation, for its TIFF Multi-Asset Fund and such other of its Funds as TIP and the Manager (as defined below) may agree upon from time to time (the "Fund") and Smith Breeden Associates, Inc. (the "Manager"), a registered investment adviser under the Investment Advisers Act of 1940, as amended (the "Advisers Act"), and is effective as of July 1, 2012 (the "Effective Date").

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AMENDED AND RESTATED SCHEDULE I-C to the MONEY MANAGER AGREEMENT
Money Manager Agreement • March 1st, 2013 • Tiff Investment Program Inc

THIS AMENDMENT is entered into as of September 27, 2012, between Smith Breeden Associates Inc. (the “Manager”) and TIFF Investment Program, Inc. for its TIFF Multi-Asset Fund (the “Fund”).

AMENDMENT NO. 1 to the MONEY MANAGER AGREEMENT
Money Manager Agreement • March 1st, 2013 • Tiff Investment Program Inc • Pennsylvania

THIS AMENDMENT No. 1 is entered into as of December 10, 2012, between Brookfield Investment Management Inc. (the “Manager”) and TIFF Investment Program, Inc. for its TIFF Multi-Asset Fund (the “Fund”).

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