0001435109-15-000661 Sample Contracts

AMENDED AND RESTATED EXPENSE REIMBURSEMENT AGREEMENT
Expense Reimbursement Agreement • July 29th, 2015 • Pine Grove Alternative Institutional Fund

AMENDED AND RESTATED EXPENSE REIMBURSEMENT AGREEMENT (the "Agreement"), dated as of June 19, 2015 by and between FRM Investment Management (USA) LLC (formerly, Pine Grove Asset Management LLC), a Delaware limited partnership (the "Adviser") and Pine Grove Alternative Institutional Fund, a Delaware statutory trust (the "Fund").

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