Bain Capital Ventures LP

Item 5. Fees and Compensation

    As compensation for investment advisory services rendered to the Funds, the
    Advisers receive from each Fund an annual management fee payable quarterly in
    advance. Management fees paid by a Fund are indirectly borne by the limited
    partners in such Fund.

    The precise amount, and the manner and calculation of, the management fee for
    each Fund is established by the Advisers and is set forth in such Fund’s Advisory
    Agreement, limited partnership agreement (or analogous organizational document)
    and/or other documentation received by each limited partner prior to investment in
    such Fund. Fees may differ from one Fund to another, as well as among limited
    partners in the same Fund.

    Upon the termination of an Advisory Agreement, appropriate treatment, including,
    where applicable, returning prepaid management fees on a prorated basis, will be
    given to all management fees collected in advance. As described below, the
    management fee may be reduced in some circumstances in connection with the
    receipt by the Advisers or their related persons of various fees paid by actual or
    prospective portfolio companies. The management fee is generally subject to
    waiver or reduction by the Advisers in their sole discretion, including in connection
    with investments made by the General Partners or its related persons. The fee
    structures described above may be modified from time to time.

    To the extent not paid by portfolio companies or other investment vehicles, a Fund
    shall bear its expenses, which shall generally include the expenses set forth below.
    Expenses born by a Fund may vary among the Funds. Please refer to the limited
    partnership agreement (or analogous organizational document) of the applicable
    Fund for details regarding the practices of such Fund.

       (a) all investment-related expenses (in each case, including with respect to
           investments in any platform companies or add-on acquisitions), including
           expenses relating to identifying (including any finder’s fees), evaluating,
           valuing, researching, investigating, structuring, diligencing, monitoring,
           hedging, purchasing, holding, selling (or potentially selling), refinancing
           (including any brokerage fees or expenses), or restructuring investments and
           potential investments (whether or not completed) (including lodging, travel,
           transportation, (including the use of first class or business class travel),
           meals, entertainment and other similar expenses relating to the foregoing)

 The Adviser does not have ultimate investment discretion with respect to the assets of any Fund, as
such discretion is retained by the applicable General Partner of each Fund.

   and expenses related to acquiring, developing, implementing or maintaining
   related software;
(b) all expenses of a Fund incurred in connection with the ongoing operation and
    administration of a Fund, including any legal, tax, auditing, accounting,
    domiciliation, consulting fees, Environmental, Social, and Governance (“ESG”),
    procurement, technology, cybersecurity, bookkeeping, record keeping and
    clerical services to a Fund (in each case, whether performed by internal staff
    of the Advisers or the applicable Fund's General Partners, affiliates of or
    entities established by the Advisers or the applicable General Partners or by
    third parties, and expenses related to acquiring developing, implementing or
    maintaining related software; provided that for certain Funds, the amount
    charged to such Fund for such services by internal staff may be subject to a
    cap);

(c) all financing fees, taxes and expenses associated with a Fund’s financial
    statements or tax reporting (including fees and expenses associated with
    preparing tax information, returns, elections, investigations, settlements,
    reviews and audits); expenses incurred in connection with the preparation
    and maintenance of a Fund’s books and records, account holder diligence or
    the preparation and delivery of wires, financial and other reports, circulars,
    forms, notices, valuations, investment summaries and other information
    (including courier and delivery expenses); expenses incurred as the Fund’s
    representative in connection with the applicable Fund and expenses incurred
    in connection with the dissolution and liquidation of such Fund;

(d) expenses and fees of any administrator, depositary and/or custodian;

(e) all fees, costs and expenses (which may be paid as a retainer, consulting fee
    (e.g., time and materials), incentive compensation (such as a bonus or
    success fee, an equity incentive or a profit participation), or as guaranteed
    minimum compensation) of professionals (including industry executives,
    advisors, consultants (including operating and sourcing consultants),
    operating executives, subject matter experts or other persons acting in a
    similar capacity) who provide services to a Fund and/or its portfolio
    companies, including services related to the development of investment
    theses and investment opportunities in a given sector or deal analyses (in
    each case which services may, for the avoidance of doubt, be provided prior
    to the commencement of an investment);

(f) research expenses (e.g., news and quotation subscriptions and market
    research, conference expenses (including related travel and other expenses
    of a category identified in clause (a) above) related to developing potential
    investment ideas (including senior managers or other employees of Bain
    Capital Ventures, portfolio companies or other industry executives attending
    and/or hosting conferences and networking events organized by Bain Capital
    Ventures and/or portfolio companies), trends and themes within industries,
...

Item 7. Types of Clients

Bain Capital Ventures currently provides investment advisory services to the Bain
Capital Venture Funds. Bain Capital Crypto currently provides investment advisory
services to the Bain Capital Crypto Funds. Investment advice is provided directly
to the Funds, subject to the direction and control of the General Partner of such
Fund, and not individually to the limited partners of such Funds.

Interests in the Funds are offered pursuant to applicable exemptions from
registration under the Securities Act and the 1940 Act. Investors in the Funds
include high net worth individuals, banks, thrift institutions, pension and profit-
sharing plans, sovereign wealth funds, trusts, estates, charitable organizations,
university endowments, corporations, limited partnerships and limited liability
companies or other business entities.

Although the Advisers do not impose minimum dollar values on creating a Fund,
legal eligibility requirements must be met. Minimum investment commitments may
be established for limited partners in the Funds. The General Partner of each Fund,
in its sole discretion, may permit investments that are less than the minimum
investment commitment set forth in the applicable fund documents of a Fund.