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ows: 1. GENERAL PROVISIONS 1.1 Continuation. The parties hereby ratify the execution, delivery and filing of the Registration Statement with the Registrar. The parties hereby agree to continue the Fund pursuant to the terms and conditions of this Agreement. The rights and liabilities of the Manager and
of the Manager and the Members shall be as provided in this Agreement and, to the extent not inconsistent with the provisions contained herein, in the Limited Liability Companies Law (as amended) of the Cayman Islands, as amended from time to time (the "LLC Law"). The Manager shall cause to be executed and filed additional certif
ows: 1. GENERAL PROVISIONS 1.1 Continuation. The parties hereby ratify the execution, delivery and filing of the Registration Statement with the Registrar. The parties hereby agree to continue the Fund pursuant to the terms and conditions of this Agreement. The rights and liabilities of the Manager and
of the Manager and the Members shall be as provided in this Agreement and, to the extent not inconsistent with the provisions contained herein, in the Limited Liability Companies Law (as amended) of the Cayman Islands, as amended from time to time (the "LLC Law"). The Manager shall cause to be executed and filed additional certif
ows: 1. GENERAL PROVISIONS 1.1 Continuation. The parties hereby ratify the execution, delivery and filing of the Registration Statement with the Registrar. The parties hereby agree to continue the Fund pursuant to the terms and conditions of this Agreement. The rights and liabilities of the Manager a
ghts and liabilities of the Manager and the Members shall be as provided in this Agreement and, to the extent the provisions contained herein, in the Limited Liability Companies Law (as amended) as amended from time to time (the "LLC Law"). The Manager shall cause to be additional certificates, notices, statements or other in
Entities connected to both Registrar and the Limited Liability Companies Law

New York
LOCATION
the Cayman Islands
LOCATION
Eric Trump
PERSONLong Term Insured Credit Fund
ORGANIZATIONRestated Limited Liability Company Agreement
ORGANIZATIONLiquidator
ORGANIZATIONArticles IV
ORGANIZATIONTreasury Regulations
ORGANIZATIONUK) Ltd.
ORGANIZATIONAdjusted Capital
ORGANIZATIONthe Tender Offer
ORGANIZATIONBHC Act
ORGANIZATIONthe Confidential Offering Memorandum
ORGANIZATIONSections of this Agreement
ORGANIZATIONESM Management LLC
ORGANIZATIONEric Meyer
PERSONWNL Limited
ORGANIZATIONthe Register of Limited Liability Companies
ORGANIZATIONCapital Commitments and
ORGANIZATIONAmbac Assurance UK Limited
ORGANIZATION