c# memory cache

private void btnGet_Click(object sender, EventArgs e)
{
    ObjectCache cache = MemoryCache.Default;
    string fileContents = cache["filecontents"] as string;

    if (fileContents == null)
    {
        CacheItemPolicy policy = new CacheItemPolicy();

        List<string> filePaths = new List<string>();
        filePaths.Add("c:\\cache\\example.txt");

        policy.ChangeMonitors.Add(new 
        HostFileChangeMonitor(filePaths));

        // Fetch the file contents.
        fileContents = 
            File.ReadAllText("c:\\cache\\example.txt");

        cache.Set("filecontents", fileContents, policy);
    }

    Label1.Text = fileContents;
}

Source : https://msdn.microsoft.com/en-us/library/system.runtime.caching.memorycache(v=vs.110).aspx