0001193125-07-164230 Sample Contracts

INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • July 27th, 2007 • Mercantile Absolute Return Fund for Tax-Exempt/Deferred Investors (TEDI) LLC • Delaware

AGREEMENT made as of this 20th day of July, 2007, by and between Mercantile Absolute Return Fund for Tax-Exempt/Deferred Investors (TEDI) LLC, a Delaware limited liability company (the “Company”), and Mercantile Capital Advisors, Inc., a Maryland corporation (the “Manager”).

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INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • July 27th, 2007 • Mercantile Absolute Return Fund for Tax-Exempt/Deferred Investors (TEDI) LLC • Delaware

AGREEMENT made as of this 20th day of July, 2007, by and between Mercantile Absolute Return Master Fund LLC, a Delaware limited liability company (the “Company”), and Mercantile Capital Advisors, Inc., a Maryland corporation (the “Manager”).

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