Alpha Zero LLC

Item 5: Fees and Compensation

A. Fee Schedule

Portfolio Management Fees

        Total Assets Under Management            Annual Fees
        All assets                               Up to 2%

The advisory fee is calculated using the value of the assets in the Account on the last
business day of the prior billing period. The final fee for each quarter will be prorated to
reflect any deposits or withdrawals made during the quarter. Specifically, additions to or
withdrawals from the account(s) will be prorated based on the number of days remaining
in the quarter from the date of such transaction(s), and the fee will be adjusted
accordingly.

These fees are generally negotiable and the final fee schedule will be memorialized in the
client’s advisory agreement. Clients may terminate the agreement without penalty for a
full refund of AZ's fees within five business days of signing the Investment Advisory
Contract. Thereafter, clients may terminate the Investment Advisory Contract generally
with 30 days' written notice.

Financial Planning and Consulting Fees

Fixed Fees

The negotiated one-time fixed rate for financial planning and consulting is between $0
and $100,000. The monthly fixed rate for financial planning and consulting is up to $8,333
per month.

Clients may terminate the agreement without penalty, for full refund of AZ’s fees, within
five business days of signing the Financial Planning and Consulting Agreement.
Thereafter, clients may terminate the Financial Planning and Consulting Agreement
generally upon written notice.

Advisory Services: Alternative Investments Fees

Clients will pay AZ a fee equal to 2.00% per annum of the capital commitment for each
investment from the date of the capital commitment until the date of the investment exit
(the “Asset Advisory Fee”). The fee shall be assessed and billed quarterly (0.5% per month)
based on the average capital commitment for the prior month during the term.

Clients under this arrangement will also pay AZ a performance fee equal to 20% of the
profits realized on each investment (the “Performance Fee”). The Performance Fee shall
be calculated and assessed as follows:
   i.   The Performance Fee shall be assessed upon client’s gross income from the
        investment during the life of the investment, such as upon interest payments, fees,
        dividends, and distributions to client.
  ii.   The Performance Fee shall be assessed upon client’s capital gain, exclusive of taxes,
        depreciation and costs, upon the investment exit. With respect to an investment
        exit, the Performance Fee shall be assessed on the amounts returned to client in
        excess of the capital commitment for the investment.

The specific terms performance-based compensation will be clearly defined in the
Investment Advisory Contract. Performance based fees are only offered to qualified
clients that meets certain net worth and income thresholds, as discussed further below in

Item 7: Types of Clients

AZ generally provides advisory services to the following types of clients:

       ❖      Individuals
       ❖      High-Net-Worth Individuals
       ❖      Corporations or other businesses

There is an account minimum of $100,000, which may be waived by AZ in its discretion.