Agamerica Lending LLC

Item 5 Fees and Compensation
The specific manner in which management fees are charged to the Fund is established in the
Documents. The Fund’s management fee structure is negotiated between the Firm and the Investors.
The management fees are charged on a quarterly basis and paid directly out of the Fund’s assets or
paid directly from the Investors.

As more fully described in the Documents, the Fund will bear all expenses in connection with its
investment activities and operations, including, but not limited to: (i) legal, accounting, audit, custodial,
compliance, consulting and other professional fees relating to services rendered to the Fund that could
not reasonably have been rendered by the Firm; (ii) banking, brokerage, broker dealer, registration,
qualification, finders, depositary or similar fees or commissions; (iii) transfer, capital and other taxes,
duties and costs incurred in acquiring, holding, selling or otherwise disposing of Fund assets; (iv)
insurance premiums, including officers' and directors' insurance, (v) costs of financial statements and
other reports to shareholders as well as costs of all governmental returns, reports and other filings; (vi)
costs of meetings of the partners; (vii) interest expenses; and (viii) legal fees and expenses, judgments,
fines, damages or costs paid or incurred in prosecuting or defending administrative or legal proceedings
brought by or against the Fund or, with

respect to its activities on behalf of the Fund or the Firm (or paid in any settlement thereof). The additional
expenses for which the Fund is responsible are set forth in the Documents.

For the SMA, we may charge a management fee, and/or transactions fees as agreed upon with the
institutional client.

Additional Fees and Expenses
As part of our investment advisory services, we will provide recommendations on how to fund each
investment transaction. The utilization of securitized instruments as part of the capital stack to fund
certain loan transactions may be part of this recommendation. Other fees include loan origination fees,
loan purchase fees, real estate commissions, property management fees, and securitization/
participation servicing fees.

As previously mentioned in Item 4, the Documents shall set forth with specificity the full terms regarding
fees and expenses. No disclosure or other statement contained below shall serve as a substitute or shall
supersede any of the terms and conditions as outlined in the Documents.

Side Letters
The Firm has, and may in the future, waive or modify certain terms of the Documents in side letters or
otherwise, in its sole discretion, including but not necessarily limited to (i) different or more favorable
withdrawal or transfer rights, (ii) greater information than may be provided to other Fund investors and/or
more frequent or varied formats or modes of portfolio reporting and (iii) different management fee or
incentive distribution terms.

Item 7 Types of Clients
The Firm provides discretionary investment management services to a pooled investment vehicle and
not to the underlying investors. The Firm also provides non-discretionary services to a SMA.

The Fund has minimum investment requirements. We reserve the right to decrease minimums in our sole
discretion. Generally, the Fund will accept investments only from persons who qualify as (1) "Qualified
Purchasers" as defined in Rule 205-3 of the Advisers Act“, (2) "Accredited Investors” as defined in
Regulation D under the Securities Act of 1933, as amended (“Securities Act”) and (3) “Qualified Clients”.
This is the minimum suitability standard for investing in the Fund. The Firm may decline to admit an
investor even if it meets such suitability requirements. However, the Fund is not currently accepting new
investors or capital commitments.