AGREEMENTPartnership Agreement • January 31st, 2008 • Bancroft Fund LTD • Delaware
THIS AGREEMENT is made this 11th day of January, 2008 by and among BANCROFT FUND LTD., a Delaware statutory trust (“Bancroft”), PHILLIP GOLDSTEIN, an individual (“Goldstein”), BULLDOG INVESTORS, a New York general partnership (“Bulldog”), OPPORTUNITY PARTNERS, L.P., an Ohio limited partnership (“Opportunity Partners”), KIMBALL & WINTHROP, INC., an Ohio corporation (“Kimball”), ANDREW DAKOS, an individual (“Dakos”), FULL VALUE PARTNERS, L.P., a Delaware limited partnership (“Full Value Partners”), OPPORTUNITY INCOME PLUS FUND, L.P., a Delaware limited partnership (“Opportunity Income”), CALAPASAS INVESTMENT PARTNERS, L.P., a California limited partnership (“Calapasas”), MERCURY PARTNERS, L.P., a California limited partnership (“Mercury”), STEADY GAIN PARTNERS, L.P. a Delaware limited partnership (“Steady Gain”),and FULL VALUE OFFSHORE PARTNERS, L.P., a Cayman Islands exempted limited partnership (“Full Value Offshore”). Goldstein, Bulldog, Opportunity Partners, Kimball, Dakos, Full Valu
