Acacia Partners LLC

Item 5.      Fees and Compensation

The Firm’s fees and compensation are described in each client’s Governing Documents. We are generally
eligible to receive management fees, profits interest, and other additional compensation from portfolio
companies in connection with our advisory services, as described in the Governing Documents.

Management Fees

The Firm receives a management fee from the Funds that generally ranges from 1-2%. The management
fee is paid quarterly either in advance or in arrears during the investment period of the Fund. The
management fee is based on the percentage of investors’ total capital commitments during the term of
the respective Fund’s investment period. Once paid, the management fees are non-refundable. The
amount, manner, and calculation of the management fee for each Fund is outlined in each Fund’s
Governing Documents. In addition, with respect to each Fund, the Firm receives a portfolio management
fee (the “Monitoring Fee”), from the portfolio company.

Profits Interest

The Firm will be entitled to receive profits interest from the Funds, as further described in Item 6 –
Performance-Based Fees and Side-By-Side Management, and each respective Fund’s Governing
Documents.

Expenses

In addition to the management fee and profits interest, the Funds bear certain expenses as outlined in
the Governing Documents. Please review the Governing Documents for each Fund for a detailed
description of expenses such Fund will bear. Generally, Fund expenses include all reasonable costs,

Acacia Partners, LLC                                                                           Form ADV Part 2A

expenses, liabilities and obligations relating to the Fund’s operations, activities, investments and business
(to the extent not paid or reimbursed by a portfolio company), including without limitation expenses
directly or indirectly relating or attributable to the following: (i) investigating, sourcing, structuring,
negotiating, consummating, financing, refinancing, monitoring, operating, holding, trading, restructuring,
recapitalizing, selling, winding up, liquidating, dissolving, or otherwise disposing of the Fund’s actual and
potential investments; (ii) indebtedness of, or guarantees made by, us, the Fund, the Firm or any affiliate
on behalf of or in respect of the Fund or any portfolio investment; (iii) financing, commitment, origination
and similar activities; (iv) fees for financial services, including for brokers, dealers, underwriters,
placement agents, loan administrator, investment bankers and similar services; (v) fees for administrative
services, including for custodial, depository, transfer, registration, trustee, record keeping, account, bank
and similar services and alternative investment fund manager services; (vi) professional services, including
for legal, accounting, information, technology-related, appraisal, and tax services; (vii) insurance
expenses; (viii) filing, title, transfer, registration and other similar fees and expenses; (ix) printing,
communications, marketing, publicity and similar services undertaken on behalf of or with respect to the
Fund, portfolio investments or prospective portfolio investments; (x) financial, tax, administrative,
compliance or U.S. or non-U.S. regulatory filings, reports, matters or functions of the Fund; (xi) expenses
related to any web portal, extranet tools, computer software or other administrative or reporting tools,
customer relationship management products or services for the benefit of the Fund or the investors; (xii)
activities with respect to protecting the confidential and non-public nature of any information; (xiii)
activities or proceedings of any customary investor advisory committee that may be established for the
Fund; (xiv) the Fund's indemnification obligations, as set forth in the Governing Documents; (xv) any
annual investor meeting or other periodic meetings of the investors; (xvi) expenses relating to any
alternative investment vehicles and any subsidiaries related to the Fund; (xvii) the termination,
dissolution, winding up, liquidation, structuring and restructuring of the Fund; (xviii) complying with law,
rule, regulation or policy related to the activities of the Fund, the Firm r or any of their affiliates; (xix) any
taxes, fees and other governmental charges levied against the Fund and any portfolio investments and
all expenses incurred in connection with any tax audit, investigation settlement or review of any of the
foregoing, and any expenses of or related to the “partnership representative” of the Fund; (xx) compliance
with any agreements or arrangements related to the Fund; (xii) any travel, lodging or meals relating to the
activities of the Fund; (xxii) any amounts paid for or resulting from any hedging or other over the counter
derivative instruments; (xxiii) the organization and offering of interests in the Fund; and (xxiv) any other
fees, costs, expenses, liabilities or obligations approved by the investors in the Fund or any investor
advisory committee that may be established for the Fund.

Expenses borne by a Fund may include out-of-pocket costs and expenses relating to unconsummated
investments not otherwise reimbursed by third parties (“Broken Deal Expenses”), including amounts that
would otherwise have been borne directly or indirectly by potential co-investors had such transactions
been consummated; provided the Governing Documents of a Fund may limit the amount of Broken Deal
Expenses such Fund may bear. By generally bearing Broken Deal Expenses, a Funds provide a potential
benefit to other co-investors in such Fund’s investments.

Common expenses of multiple Funds, as determined by the Firm in its sole discretion, will be allocated
and borne by them pro rata according to their relative capital commitments, capital contributions, or on
such other basis as the Firm may reasonably determine to be appropriate and fair to investors.
...

Item 7.      Types of Clients

Currently, the Firm’s only clients are the Funds it manages. Investors in the Funds are high net worth
individuals and institutional investors that qualify as “accredited investors” (as defined in Rule 501 under
the Securities Act of 1933, as amended). The minimum initial investment in each Fund will be determined
by the Firm and set forth in the Funds’ Governing Documents. The Firm has waived such minimum and
may, in its discretion, do so in the future under certain circumstances.