0001162044-14-000465 Sample Contracts

TOTAL EXPENSE LIMITATION AGREEMENT Bread & Butter Fund, Inc. Parsippany, NJ 07054 April 30, 2014
Total Expense Limitation Agreement • April 30th, 2014 • Bread & Butter Fund Inc.

This will confirm the agreement between the undersigned Bread & Butter Fund, Inc. (the “Fund”) and Potkul Capital Management LLC (“PCM”), as follows:

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