9 Stream Capital Partners LLC

Item 5. Fees and Compensation

Asset-Based and Performance-Based Compensation. The Adviser is paid an asset-based investment
management fee equal to 2.0% per annum of the net assets of the relevant Fund attributable to each
investor in the Fund and will be paid an asset-based investment management fee ranging from 1% to 1.5%
per annum of the net assets of the Account. In the Funds, the asset-based investment management fee is
charged quarterly in advance. Fees for the Account are calculated monthly and invoiced quarterly in arrears.

In the sole discretion of the Adviser, the asset-based investment management fee may be waived, reduced
or calculated differently with respect to certain investors in the Fund, including, without limitation, investors
that are members, partners, principals, affiliates or employees of the Adviser (or an affiliate of the Adviser),
relatives or entities of such persons, and for certain strategic and/or large investors.

The asset-based investment management fee paid by the Funds will be prorated for any subscription to a
Fund that is effective other than as of the first business day of a quarter and for any withdrawal by an investor
in a Fund that is effective other than as of the first business day of a quarter. If a new Account is established
during a month or a client makes an addition to its Account during a month, the investment management
fee will be prorated.

As a general matter, the Adviser (or its affiliate) is entitled to receive annual performance-based
compensation from the Funds at a rate equal to 20% (the “Performance Allocation”) of the net capital
appreciation of the assets of the relevant Fund. The Performance Allocation is calculated on an investor-level
basis, subject to a loss carryforward provision. The Performance Allocation may be paid to the Adviser or to
an affiliate of the Adviser. In the sole discretion of the Adviser, the Performance Allocation may be waived,
reduced or calculated differently with respect to certain investors, including, without limitation, investors that
are members, partners, principals, affiliates or employees of the Adviser (or an affiliate of the Adviser),
relatives or entities of such persons, and for certain strategic and/or large investors.

The Adviser may also be paid performance-based compensation based on a share of capital gains on or
capital appreciation of the assets of an Account, subject to a loss carryforward provision. This
compensation may be paid to the Adviser or to an affiliate at a rate equal to 20% of the net capital

appreciation of the assets of the Account. Under certain circumstances, receipt of performance-based
compensation may be subject to a hurdle rate.

Other Fees and Expenses. In addition to bearing the investment management fees and Performance
Allocation, if any, each Fund is also subject to other expenses related to its investments and operations, such
as all investment-related costs and expenses (i.e., expenses that, in the Adviser’s sole discretion, are related
to the investment of the Fund’s assets, whether or not such investments are consummated), including
commissions and charges, interest on margin accounts and other indebtedness, expenses relating to short
sales, clearing and settlement charges, option premiums and custodial and service fees, research-related
expenses (including research-related travel expenses) and expenses relating to consultants, attorneys,
brokers or other professionals or advisors who provide research, advice or due diligence services with regard
to investments; fees and expenses related to portfolio exposure and performance management systems, risk
management services and software related to trade reconciliation, treasury, margin, financial and counterparty
management, risk monitoring, performance reporting, valuation quotation services (e.g., Bloomberg terminals,
historical and live financial data and other similar services and data feeds) and trade order management
systems (including systems that facilitate trade compliance, commission management, stock locates and
transaction cost analysis, and third party service providers used for implementation, custom reporting,
updates, consultations, support, maintenance, monitoring and data extracts); the Fund’s legal, accounting,
tax preparation and other tax-related expenses (including preparation and mailing costs of financial
statements, tax returns and other reports to investors), auditing, consulting and other professional expenses;
third-party administration costs, fees and expenses (including any costs, fees and expenses related to investor
communications, relations, reporting or other investor materials, performance information, data extraction and
other types of reporting and any audit or accounting services provided by a third-party administrator); fees of
any third-party shareholders proxy voting firms; compliance and reporting expenses and expenses attributable
to regulatory filings that are made with respect to the Fund or its assets (including Section 13, Section 16,
Form D, Form PF, the Foreign Account Tax Compliance Act, anti-money laundering compliance, state security
filings, general regulatory compliance and non-U.S. position reporting filings, if applicable, and any other non-
U.S. filings); any Fund-related insurance costs (including director’s and officer’s insurance, errors and
omissions insurance, fidelity insurance and other similar policies covering the Adviser, a Fund’s general
partner (as applicable), and members of the Fund’s governance committee (as applicable); any taxes
(including, without limitation, any withholding taxes, transfer taxes, stamp duties and other governmental or
self-regulatory agency-related charges or duties); all costs and expenses incurred in attempting to protect and
enhance the value of the Fund’s investment (including any fees and expenses associated with any pending
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Item 7.      Types of Clients

The Adviser's clients currently consist of the Funds; however, it is anticipated that the Adviser’s clients will
additionally consist of one or more Accounts in the future, as described above. The Adviser, however, is
not precluded from advising types of clients that are not listed above.

Any initial and additional subscription minimums with respect to investment in a Client are set forth in the
governing documents for the relevant Fund or the investment management agreement for the relevant
Account.