nger act as administrator of Boothbay Absolute Return Strategies, LP. Please direct any future inquiries regarding the administration of the fund to Boothbay Hybrid GP, LLC. Page 1 of 1 EFTA00658476

r agreement to the foregoing by signing below and returning a copy of this letter to the undersigned. BOOTHBAY ABSOLUTE RETURN STRATEGIES, LP By: Boothbay Hybrid GP, LLC, its general partner By: Name: Ari Glass Title: Managing Member LIMITED PARTNER: SOUTHERN FINANCIAL, LLC By: Name: Jeffrey Epstein Titl

AGREEMENT OF LIMITED PARTNERSHIP OF BOOTHBAY MULTI-STRATEGY FUND, LP AGREEMENT dated as of December I, 2012, by and among (i) Boothbay Hybrid GP, LLC, a Delaware limited liability company with an address at 810 7'h Avenue, 4'" Floor, New York, New York 10019 (the "General Partner") and (ii)

Name: Copy No. BOOTHBAY MULTI-STRATEGY FUND, LP CONFIDENTIAL PRIVATE OFFERING MEMORANDUM General Partner: Boothbay Hybrid GP, LLC Investment Manager: Boothbay Fund Management, LLC December 2012 EWAGNE‘217652.1- 11/29/12 EFTA_R1_02136004 EFTA02713615 Confidential Pri