0000943663-04-000272 Sample Contracts

CUSTODY AGREEMENT
Custody Agreement • May 10th, 2004 • Endowment Master Fund L P • New York

AGREEMENT, dated as of March 22, 2004 by and between THE ENDOWMENT MASTER FUND, L.P. (the "Master Fund"), a limited partnership organized and existing under the laws of the State of Delaware, and CUSTODIAL TRUST COMPANY, a bank organized and existing under the laws of the State of New Jersey (the "Custodian").

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THE ENDOWMENT MASTER FUND, L.P. Second Amended and Restated Agreement of Limited Partnership Dated as of February 23, 2004
The Endowment • May 10th, 2004 • Endowment Master Fund L P • Delaware

THIS SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP (the "Agreement") of THE ENDOWMENT MASTER FUND, L.P., a Delaware limited partnership (the "Partnership"), dated as of February 23, 2004 by and among THE ENDOWMENT FUND GP, L.P., a Delaware limited partnership, as General Partner (as defined herein), and those Persons who execute this Agreement and whose names are reflected on the books and records of the Partnership as Limited Partners (as defined herein).

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