INVESTMENT MANAGEMENT AGREEMENT dated as of August 1, 2008 BY AND BETWEEN PNMAC MORTGAGE OPPORTUNITY FUND, L.P., a Delaware limited partnership AND PNMAC CAPITAL MANAGEMENT, LLC, a Delaware limited liability companyInvestment Management Agreement • November 12th, 2008 • PNMAC Mortgage Opportunity Fund LP • Delaware
This Investment Management Agreement (the "Agreement"), dated as of August 1, 2008, is made by and between PNMAC Mortgage Opportunity Fund, L.P. (the "Company"), a Delaware limited partnership which will be registered as a nondiversified closed-end management investment company under the Investment Company Act of 1940, as amended, and the rules and regulations promulgated thereunder (the "1940 Act"), and PNMAC Capital Management, LLC (the "Investment Manager"), a Delaware limited liability company registered as an investment adviser under the Investment Advisers Act of 1940 (the "Advisers Act"). Capitalized terms used but not otherwise defined in this Agreement shall have the meanings given to them in the Limited Partnership Agreement of the Company dated as of August 1, 2008 (as the same may be amended from time to time, the "Partnership Agreement") or the Limited Liability Company Agreement of PNMAC Mortgage Opportunity Fund, LLC (the "Parent"), as the case may be.
CUSTODY AGREEMENTCustody Agreement • November 12th, 2008 • PNMAC Mortgage Opportunity Fund LP • California
THIS AGREEMENT is made and entered into as of this 28th day of July, 2008, by and among PNMAC MORTGAGE OPPORTUNITY FUND, L.P. a Delaware limited partnership (the “Portfolio Fund”), PNMAC MORTGAGE CO. LLC, a Delaware limited liability company (the “Disregarded Entity”) and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America with its principal place of business at Cincinnati, Ohio (the “Custodian”).
LIMITED PARTNERSHIP AGREEMENT OF PNMAC MORTGAGE OPPORTUNITY FUND, L.P. a Delaware Limited Partnership Dated as of August 1, 2008Limited Partnership Agreement • November 12th, 2008 • PNMAC Mortgage Opportunity Fund LP • Delaware
This Agreement, dated as of August 1, 2008 (this “Agreement”), when executed by PNMAC Mortgage Opportunity Fund, LLC (the “Parent”) as limited partner and by PNMAC Opportunity Fund Associates, LLC (the “General Partner”) as general partner, shall be the partnership agreement of the Partnership.
