0001140361-13-028318 Sample Contracts

Contract
Expense Limitation and Reimbursement Agreement • July 18th, 2013 • Arden Sage Multi-Strategy Fund, L.L.C. • New York

THIS AMENDED AND RESTATED EXPENSE LIMITATION AND REIMBURSEMENT AGREEMENT is made as of the 1st day of January, 2012, by and between Arden Sage Multi-Strategy Fund, L.L.C., a Delaware limited liability company (the "Fund"), and Arden Asset Management LLC, a Delaware limited liability company ("Arden"):

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