0001752724-20-003951 Sample Contracts

AMENDED AND RESTATED INVESTMENT ADVISORY AGREEMENT

Investment Advisory Agreement • January 13th, 2020 • FS Multi-Alternative Income Fund • Delaware

• Contract Type
  Investment Advisory Agreement
• Filed
  January 13th, 2020
• Company
  FS Multi-Alternative Income Fund
• Jurisdiction
  Delaware

This AMENDED AND RESTATED INVESTMENT ADVISORY AGREEMENT, dated as of July 26, 2019 (the “Agreement”), is between FS Multi-Alternative Advisor, LLC, a Delaware limited liability company (the “Investment Adviser”), and FS Multi-Alternative Income Fund, a Delaware statutory trust

FS Multi-Alternative Income Fund AMENDED AND RESTATED INVESTMENT SUB-ADVISORY AGREEMENT

Investment Sub-Advisory Agreement • January 13th, 2020 • FS Multi-Alternative Income Fund • Delaware

• Contract Type
  Investment Sub-Advisory Agreement
• Filed
  January 13th, 2020
• Company
  FS Multi-Alternative Income Fund
• Jurisdiction
  Delaware

This AMENDED AND RESTATED INVESTMENT SUB-ADVISORY AGREEMENT (this “Agreement”) is entered into as of July 26, 2019, by and among FS Multi-Alternative Income Fund, a Delaware statutory trust (the “Fund”), FS Multi-Alternative Advisor, LLC, a Delaware limited liability company (the “Adviser”), and KKR Credit Advisors (US) LLC, a Delaware limited liability company (the “Sub-Adviser”).