0001193125-15-157078 Sample Contracts

INVESTMENT ADVISORY AGREEMENT AMENDMENT
Investment Advisory Agreement • April 29th, 2015 • Alternative Investment Partners Absolute Return Fund

This Investment Advisory Agreement Amendment, dated as of May 1, 2015 (the “Amendment”), to the Investment Advisory Agreement, dated as of April 28, 2005 (the “Agreement”), between Alternative Investment Partners Absolute Return Fund (the “Fund”) and Morgan Stanley AIP GP LP (the “Adviser”).

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