Goldman Sachs Investment Management Agreement

    This DATED AND EFFECTIVE INVESTMENT MANAGEMENT AGREEMENT (the “Agreement”) exists between BLACKSTONE ASSET MANAGEMENT L.P., a Delaware limited partnership (the “Investment Manager”) and BLACKSTONE ALTERNATIVE ALPHA SUB FUND I LTD., a paid-up Cayman Islands company (the “Fund”), a 100% subsidiary of the Blackstone Alternative Alpha Master Fund (“Master Fund”), a Massachusetts Business and a Trust geschlossschloss the investment company registered under the vestment. f 1940, as amended. The objective of the Fund is to facilitate the implementation of the master Fund`s investment strategies. METLIFE INVESTMENT ADVISORS, LLC, a limited liability company, organized under the laws of the State of Delaware (“Investment Manager”), has agreed to offer METLIFE INSURANCE COMPANY USA, an insurance company (“Client”) organized under the laws of the State of Delaware, certain investment management services and others, as further explained in this Investment Management Agreement (the “Agreement”). valid from 1 January 2017 (the “Effective Date”). Access to the Goldman Sachs website defined below is provided by GS. For the purposes of this Agreement, “GS” means Goldman Sachs &Co. LLC and its affiliates, and their senior officers, directors, directors, partners and employees. “Goldman Site” means the publicly accessible Goldman Sachs & Co. LLC website located under, and other selected domains.

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