Expense Limitation AgreementExpense Limitation Agreement • June 15th, 2009 • Man-Glenwood Lexington LLC
Managers of Man-Glenwood Lexington, LLC Managers of Man-Glenwood Lexington Associates Portfolio, LLC With reference to the Investment Advisory Agreement, and Amendment No. 1 to the Investment Advisory Agreement, entered into by Glenwood Capital Investments, L.L.C. (the "Adviser") with Man-Glenwood Lexington Associates Portfolio, LLC (the "Portfolio") and the Services Agreement entered into by the Adviser and Man-Glenwood Lexington, LLC ("Lexington"), we hereby notify you as follows:
