ARDEN SAGE MULTI-STRATEGY INSTITUTIONAL FUND, L.L.C. AMENDED AND RESTATED EXPENSE LIMITATION AND REIMBURSEMENT AGREEMENTExpense Limitation and Reimbursement Agreement • July 18th, 2013 • Arden Sage Multi-Strategy Institutional Fund, L.L.C. • New York
THIS AMENDED AND RESTATED EXPENSE LIMITATION AND REIMBURSEMENT AGREEMENT is made as of the 1st day of January, 2012, by and between Arden Sage Multi-Strategy Institutional Fund, L.L.C., a Delaware limited liability company (the "Fund"), and Arden Asset Management LLC, a Delaware limited liability company ("Arden"):
