Arthedge Capital Management LLC

Item 5 – Fees and Compensation

Amount of Our Fees

        Our annual management fee for the Fund is 1.00% of the assets managed for the Fund. In
addition to our annual management fee, we are also eligible to collect from qualified investors an
annual performance allocation of up to 20% of the net capital appreciation generated by the Fund.
The performance allocation is subject to (i) a “high-water mark” procedure and (ii) an 8% hurdle
provision. The “high-water mark” procedure requires that the performance allocation only be
applied to profits earned after historical losses have been recovered. The “hurdle” provision
provides that we only receive our performance allocation if (i) the aggregate net capital
depreciation for all previous accounting periods has been recovered and (ii) the balance of net
capital appreciation at the end of an accounting period exceeds the balance, if any, in the limited
partner's hurdle account. The 20% allocation is applied only to the net balance in excess of the 8%
hurdle provision.

       The Fund’s general partner, in its sole discretion, may waive, reduce or calculate differently
the management fee or performance allocation with respect to any investor, including investors
who are affiliates or employees of Arthedge or members of the immediate families of such persons.

Payment of Our Fees

       Our management fee is paid monthly and calculated as of the first day of each month and
is deducted from the Fund’s assets. Our management fee is based on the value of the assets
managed on the first day of each month. We pro rate our fee to limited partners on any amounts
invested during any month.

Withdrawals

        Investors in the Fund are generally limited in their ability to terminate their participation
in the Fund. In addition to other redemption and transfer restrictions that are described in the

Fund’s offering documents, the Fund imposes a “lock-up” period such that investors may not
withdraw capital that has not been invested for a specified period of time.

Other Fees and Expenses

        Fees and expenses, in addition to our management fees and performance allocation, will
be incurred by the Fund, and indirectly borne by investors. For example, the Fund will incur costs
related to its operating and organizational expenses, including but not limited to, accounting,
auditing, tax preparation, and legal expenses, and fees payable to a custodian that holds client
assets. We evaluate the relative annual costs of other service providers as a part of our investment
decision making process. The Fund will also incur transaction costs, as discussed below in

Types of Clients

       We generally provide asset management services and advice to private investment funds,
including the Fund.

Minimum Account Size

       Investors in the Fund must be qualified clients and accredited investors within the meaning
of Regulation D of the Securities Act of 1933, as amended. We also impose on Fund investors a
minimum $100,000 capital contribution. The Fund’s general partner reserves the right to waive or
increase the minimum account size requirements at its discretion.