DISTRIBUTION AGREEMENTDistribution Agreement • July 30th, 2014 • Hatteras Core Alternatives Institutional Fund, L.P. • Delaware
This is to confirm that, in consideration of the agreements hereinafter contained, the undersigned, Hatteras Core Alternatives Institutional Fund, L.P. (the “Fund”), a closed-end management investment company organized as a limited partnership under the laws of the State of Delaware, has appointed you, the “Distributor,” and that you shall be the exclusive distributor in connection with the offering and sale of limited partnership units (the “Units”). The Units shall have such rights and conditions and shall be sold in the manner set forth from time to time in the Fund’s Registration Statement, as defined below. The organization, administration and policies of the Fund are described in its Prospectus and SAI (as those terms are defined below). (This letter, as amended from time to time, shall be referred to hereinafter as the “Agreement”.)
INVESTMENT SUB-ADVISORY AGREEMENTInvestment Sub-Advisory Agreement • July 30th, 2014 • Hatteras Core Alternatives Institutional Fund, L.P. • Delaware
AGREEMENT, dated as of July 1, 2014 by and among Hatteras Master Fund, L.P. (the “Fund”), Scotland Acquisition LLC d/b/a Hatteras Funds, LLC, a Delaware limited liability company (the “Adviser”), and Morgan Creek Capital Management, LLC, a North Carolina limited liability company (“MCCM”).
