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EFTA00583425

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SEPTEMBER 13, 2011 DRAFT REDEMPTION AGREEMENT AGREEMENT, dated as of , 2011, by and among DANIEL B. ZWIRN, an individual having an office at Zwim Family Interests, LLC, 595 Madison Ave., 33rd Floor, New York, NY 10022 ("Seller"), CORBIN CAPITAL PARTNERS, L.P., a Delaware limited partnership ("CCP LP), CORBIN CAPITAL PARTNERS MANAGEMENT, LLC, a Delaware limited liability company ("CCPM LLC; and CCP LP and CCPM LLC, collectively, the "Corbin Entities"), and JEFFREY EPSTEIN, an individual having an office at Financial Trust Company, Inc., 6100 Red Hook Quarter, Suite B-3, St. Thomas, USVI 00802 ("Epstein"). RECITALS: A. Seller is a limited partner in CCP LP. CCP LP is governed by that certain Second Amended and Restated Limited Partnership Agreement, dated as of May 1, 2007 (as the same may from time to time be amended, or amended and restated, and in effect, the "CCP LPA"). Corbin Capital Partners Group, LLC, a Delaware limited liability company, is the general partner of CCP LP (the "General Partner"). B. Seller is a non-managing member in CCPM LLC. CCPM LLC is governed by that certain Second Amended and Restated Limited Liability Company Agreement, dated as of May I, 2007 (as the same may from time to time be amended, or amended and restated, and in effect, the "CCPM LLC Agreement"). Corbin Capital Partners Asset Management, LLC, a Delaware limited liability company, is the managing member of CCPM LLC (the "Managing Member"). C. Seller's total interest as a limited partner in CCP LP consists of both an interest as a Foundation Partner (as defined in the CCP LPA) (the "Foundation LP Interest') and an interest as a Purchase Partner (as defined in the CCP LPA) (the "Purchase LP Interest"; and Seller's Foundation LP Interest and Purchase LP Interest collectively, the "CCP LP Interests"). The Foundation LP Interest represents, among other things, a 1.5% Incentive Percentage, a 1.5% Management Percentage and 1.5% Sale Percentage (as such terms ar

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