0001193125-13-416207 Sample Contracts

Pine Grove Alternative Institutional Fund AGREEMENT AND DECLARATION OF TRUST Dated as of September 12, 2013
Trust Agreement • October 29th, 2013 • Pine Grove Alternative Institutional Fund • Delaware

WHEREAS, this Trust is authorized to issue an unlimited number of its shares of beneficial interest all in accordance with the provisions hereinafter set forth;

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PINE GROVE ALTERNATIVE INSTITUTIONAL FUND FORM OF SUBSCRIPTION AGREEMENT
Subscription Agreement • October 29th, 2013 • Pine Grove Alternative Institutional Fund

This Subscription Agreement is entered into this Friday, [ , 2013] by and between Pine Grove Alternative Institutional Fund, a Delaware statutory trust (the “Fund”), and [ ] (the “Subscriber”);

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • October 29th, 2013 • Pine Grove Alternative Institutional Fund • New York

AGREEMENT made as of this 30th day of September, 2013 by and between Pine Grove Alternative Institutional Fund, a Delaware statutory trust (the “Fund”), and Pine Grove Asset Management LLC, a Delaware limited liability company (the “Adviser”).

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