0000910472-10-001081 Sample Contracts

SARATOGA ADVANTAGE TRUST INVESTMENT ADVISORY AGREEMENT ALTERNATIVE STRATEGIES PORTFOLIO
Investment Advisory Agreement • October 7th, 2010 • Saratoga Advantage Trust • Delaware

THIS INVESTMENT ADVISORY AGREEMENT is made as of the ___ day of ___________, 2010, by and between Saratoga Advantage Trust (the “Trust”), on behalf of the Alternative Strategies Portfolio, a series of the Trust (the “Fund”), and Ascentia Capital Partners, LLC (the “Adviser;”).

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INVESTMENT SUB-ADVISORY AGREEMENT
Investment Sub-Advisory Agreement • October 7th, 2010 • Saratoga Advantage Trust • Delaware

AGREEMENT made as of the ____ day of __________, 2010, _____________ (the “Sub-Advisor”), a Delaware limited liability company, located at _________________, and Ascentia Capital Partners, LLC (the “Advisor”), a Nevada limited liability company, located at 5470 Keitzke Lane, Suite 230, Reno, NV 89511.

INVESTMENT ADVISORY AGREEMENT BETWEEN SARATOGA CAPITAL MANAGEMENT, LLC AND MILESTONE CAPITAL MANAGEMENT, LLC REGARDING THE THE SARATOGA ADVANTAGE TRUST
Investment Advisory Agreement • October 7th, 2010 • Saratoga Advantage Trust • New York

AGREEMENT made this ___ day of ___, 2010 between Saratoga Capital Management, LLC a Delaware limited liability company (the "Manager") and Milestone Capital Management, LLC, a limited liability company (the "Advisor").

SARATOGA ADVANTAGE TRUST OPERATING EXPENSE LIMITATION AGREEMENT ALTERNATIVE STRATEGIES PORTFOLIO
Operating Expense Limitation Agreement • October 7th, 2010 • Saratoga Advantage Trust • Delaware

THIS OPERATING EXPENSE LIMITATION AGREEMENT (the “Agreement”) is effective as of the ___ day of _____________, 2010, by and between Saratoga Advantage Trust, (the “Trust”), on behalf of the Alternative Strategies Portfolio, a series of the Trust (the “Fund”), and Ascentia Capital Partners, LLC, the investment adviser to the Fund (the “Adviser”).

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