Capital Markets Industry Limited Liability Company Agreements

FIRST AMENDMENT TO THIRD AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT (VPC Impact Acquisition Holdings, Filed With SEC on April 29, 2024)

Second Amended and Restated Limited Liability Company Agreement of TPG GP A, LLC, dated November (TPG Partners, LLC, Filed With SEC on November 2, 2023)

Amendment No. 3 to the Fourth Amended and Restated Limited Liability Company Agreement of Hamilton Lane Advisors, L.L.C., dated as of May 24, 2023, by and among Hamilton Lane... (Hamilton Lane INC, Filed With SEC on May 25, 2023)

Amendment No. 2 to the Third Amended and Restated Limited Liability Company Agreement of Ashford Hospitality Holdings LLC (Ashford Inc., Filed With SEC on April 18, 2022)

Amended and Restated Limited Liability Company Agreement of TPG GP A, LLC, dated as of January 12, 2022, among TPG Partners, LLC and the members of TPG GP A, LLC party thereto (TPG Partners, LLC, Filed With SEC on March 29, 2022)

Fourth Amendment to the Amended and Restated Limited Liability Company Agreement of M&N Group Holdings, LLC dated as of January 1, 2021, by and among the Members of M&N Group... (Manning & Napier, Inc., Filed With SEC on March 15, 2022)

Amendment No. 5 to Amended and Restated Limited Liability Company Agreement, dated December 20, 2021, by and among each of the Members set forth on the signature pages thereto (Cohen & Co Inc., Filed With SEC on December 22, 2021)

Third Amendment to Amended and Restated Limited Liability Company Agreement of Sebago Lake LLC, dated August 2, 2021, by and between Owl Rock Capital Corporation and Nationwide... (Owl Rock Capital Corp, Filed With SEC on November 3, 2021)

Opco Third Amended and Restated Limited Liability Company Agreement, dated October 15, 2021 by and among Opco and the members named therein (VPC Impact Acquisition Holdings, Filed With SEC on October 21, 2021)

Amendment No. 1 to the Third Amended and Restated Limited Liability Company Agreement of Ashford Hospitality Holdings LLC (Ashford Inc., Filed With SEC on September 14, 2021)

Third Amended and Restated Limited Liability Company Agreement of Ashford Hospitality Holdings LLC, dated as of November 6, 2019 (Ashford Inc., Filed With SEC on September 14, 2021)

Second Amendment to Amended and Restated Limited Liability Company Agreement of Sebago Lake LLC, dated June 30, 2021, by and between Owl Rock Capital Corporation and The Regents... (Owl Rock Capital Corp, Filed With SEC on July 6, 2021)

Amended and Restated Limited Liability Company Agreement of PWP GP LLC, dated June 24, 2021 (FinTech Acquisition Corp. IV, Filed With SEC on June 30, 2021)

Fifth Amended and Restated Limited Liability Company Agreement of Medley LLC, dated as of June 1, 2021 (MEDLEY MANAGEMENT INC., Filed With SEC on June 3, 2021)

Amended and Restated Limited Liability Company Agreement of Blue Owl Capital GP LLC (ALTIMAR ACQUISITION CORP., Filed With SEC on May 21, 2021)

First Amendment, dated as of February 3, 2021, to Fourth Amended and Restated Limited Liability Company Agreement of Medley LLC dated as of September 23, 2014 (MEDLEY MANAGEMENT INC., Filed With SEC on February 9, 2021)

Amendment No. 4 to Amended and Restated Limited Liability Company Agreement, dated September 25, 2020, by and among each of the Members set forth on the signature pages thereto (Cohen & Co Inc., Filed With SEC on September 29, 2020)

Second Amendment to Amended and Restated Limited Liability Company Agreement of Manning & Napier Group, LLC dated as of March 3, 2020 by and among the members of Manning & Napier... (Manning & Napier, Inc., Filed With SEC on May 15, 2020)

Third Amendment to the Amended and Restated Limited Liability Company Agreement of M&N Group Holdings, LLC dated as of March 3, 2020 by and among the Members of M&N Group... (Manning & Napier, Inc., Filed With SEC on May 15, 2020)

Amendment No. 3 to Amended and Restated Limited Liability Company Agreement, dated October 30, 2019, by and among each of the Members set forth on the signature pages thereto (Cohen & Co Inc., Filed With SEC on October 30, 2019)

Third Amended and Restated Limited Liability Company Agreement of BTOSIA L.L.C., dated as of August 6, 2019 and deemed effective as of May 12, 2016 (Blackstone Group L.P., Filed With SEC on August 8, 2019)

Amended and Restated Limited Liability Company Agreement of Mt Melrose, LLC dated June 27, 2019 (ENTERPRISE DIVERSIFIED, INC., Filed With SEC on July 3, 2019)

Third Amended and Restated Limited Liability Company Agreement of Apollo Principal Holdings XI, LLC dated as of March 19, 2018 (Apollo Global Management LLC, Filed With SEC on August 6, 2018)

Amendment No. 2 to the Fourth Amended and Restated Limited Liability Company Agreement of Hamilton Lane Advisors, L.L.C., dated as of June 13, 2018, by and among Hamilton Lane... (Hamilton Lane INC, Filed With SEC on June 14, 2018)

Amendment No. 1 to the Fourth Amended and Restated Limited Liability Company Agreement of Hamilton Lane Advisors, L.L.C., dated as of February 26, 2018, by and among Hamilton Lane... (Hamilton Lane INC, Filed With SEC on February 26, 2018)

Amended and Restated Limited Liability Company Agreement of Blackstone CEMA L.L.C., dated February 9, 2016 (Blackstone Group L.P., Filed With SEC on August 8, 2017)

SEBAGO LAKE LLC AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT (Owl Rock Capital Corp, Filed With SEC on June 22, 2017)

CLASS A UNIT AWARD AGREEMENT UNDER THE FOURTH AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF MEDLEY LLC DATED AND EFFECTIVE AS OF [________] (MEDLEY MANAGEMENT INC., Filed With SEC on May 12, 2017)

SECOND AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF APOLLO PRINCIPAL HOLDINGS XI, LLC Dated March 7, 2017 and agreed amongst the parties hereto to be effective as... (Apollo Global Management LLC, Filed With SEC on May 5, 2017)

SOLAR LIFE SCIENCE PROGRAM LLC LIMITED LIABILITY COMPANY AGREEMENT TABLE OF CONTENTS (Solar Senior Capital Ltd., Filed With SEC on May 2, 2017)

SOLAR LIFE SCIENCE PROGRAM LLC LIMITED LIABILITY COMPANY AGREEMENT TABLE OF CONTENTS (Solar Capital Ltd., Filed With SEC on May 2, 2017)

AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF ASHFORD HOSPITALITY HOLDINGS LLC DATED: April 6, 2017 (Ashford Inc., Filed With SEC on April 12, 2017)

FOURTH AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF HAMILTON LANE ADVISORS, L.L.C. Dated as of March 6, 2017 (Hamilton Lane INC, Filed With SEC on March 10, 2017)

[FORM OF LIMITED LIABILITY COMPANY AGREEMENT] SOLAR LIFE SCIENCE PROGRAM LLC LIMITED LIABILITY COMPANY AGREEMENT TABLE OF CONTENTS (Solar Senior Capital Ltd., Filed With SEC on February 22, 2017)

[FORM OF LIMITED LIABILITY COMPANY AGREEMENT] SOLAR LIFE SCIENCE PROGRAM LLC LIMITED LIABILITY COMPANY AGREEMENT TABLE OF CONTENTS (Solar Capital Ltd., Filed With SEC on February 22, 2017)

FORM OF FOURTH AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF HAMILTON LANE ADVISORS, L.L.C. Dated as of [ ], 2017 (Hamilton Lane INC, Filed With SEC on February 16, 2017)

FORM OF FOURTH AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF HAMILTON LANE ADVISORS, L.L.C. Dated as of [ ], 2017 (Hamilton Lane INC, Filed With SEC on February 14, 2017)

FORM OF FOURTH AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF HAMILTON LANE ADVISORS, L.L.C. Dated as of [ ], 2017 (Hamilton Lane INC, Filed With SEC on February 1, 2017)

HIGHLY CONFIDENTIAL & TRADE SECRET BTOA II L.L.C. AMENDED ANDRESTATED LIMITED LIABILITY COMPANY AGREEMENT DATED AS OF DECEMBER 19, 2014 (Blackstone Group L.P., Filed With SEC on August 4, 2016)

Limited Liability Company Agreement of HVAC Value Fund, LLC dated effective as of June 13, 2016 between the Registrant and other Members (as therein defined) (ENTERPRISE DIVERSIFIED, INC., Filed With SEC on July 18, 2016)

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Limited Liability Company Agreements in the Capital Markets Industry