FORM OF SUB-PLACEMENT AGENCY AGREEMENTSub-Placement Agency Agreement • March 17th, 2005 • Endowment TEI Fund, L.P. • Delaware
We, Sanders Morris Harris, Inc., (“Placement Agent”) serve as the placement agent for The Endowment TEI Fund, L.P., a limited partnership organized under the laws of the State of Delaware (the “Fund”) pursuant to a letter agreement dated as of March 17, 2005 (the “Placement Agency Agreement”). Under the terms and conditions of the Placement Agency Agreement, we are entitle to delegate all or any of our duties, functions or powers under the Placement Agency Agreement to another person or persons as sub-placement agent or sub-placement agents, subject to the approval of the general partner of the Fund.
FORM OF SUB-PLACEMENT AGENCY AGREEMENTSub-Placement Agency Agreement • June 2nd, 2008 • Legg Mason Permal Global Active Strategies TEI Fund • New York
AGREEMENT made this [ ]th day of [ ], 2008, between Legg Mason Investor Services, LLC, a [ ] limited liability company (the “Placement Agent”), and [ ], a [ ] company (the “Sub-Placement Agent”).
