0001105838-09-000016 Sample Contracts

CUSIP No. 502003 10 6 Page 1 of 2 Pages Amended and Restated Joint Filing Agreement
Joint Filing Agreement • September 2nd, 2009 • Robotti Robert • Oil royalty traders

Whereas, Robert E. Robotti, Robotti & Company, Incorporated, Robotti & Company, LLC, Robotti & Company Advisors, LLC, Kenneth R. Wasiak, Ravenswood Management Company, LLC, The Ravenswood Investment Company, L.P. and Ravenswood Investments III, L.P. (together, "Robotti Parties"), on the one hand, and Spruce House Capital LLC, Spruce House Partners LP, Benjamin F. Stein and Zach Sternberg (together, "Spruce House Parties," and with the Robotti Parties, the "Parties"), on the other hand, have determined to work together relating solely to the purchasing, holding, selling and voting of Units of Beneficial Interest ("Units") of LL&E Royalty Trust ("Trust").

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