0000902664-13-000174 Sample Contracts

AMENDED AND RESTATED JOINT INSURED AGREEMENT
Joint Insured Agreement • January 18th, 2013 • Excelsior Private Markets Fund II (TI), LLC

This AMENDED AND RESTATED JOINT INSURED BOND AGREEMENT (the "Agreement") dated as of December 20, 2012 by and among Excelsior Venture Partners III, LLC; Excelsior Multi-Strategy Hedge Fund of Funds (TI), LLC; Excelsior Multi-Strategy Hedge Fund of Funds (TE), LLC; Excelsior Multi-Strategy Hedge Fund of Funds (TI 2), LLC; Excelsior Multi-Strategy Hedge Fund of Funds (TE 2), LLC; Excelsior Multi-Strategy Hedge Fund of Funds Master Fund, LLC; Excelsior Buyout Investors, LLC; UST Global Private Markets Fund, LLC; Excelsior Private Markets Fund II (TI), LLC; Excelsior Private Markets Fund II (TE), LLC and Excelsior Private Markets Fund II (Master), LLC and Excelsior Private Markets Fund II (Offshore), LDC (collectively, the "Funds").

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