CBF Advisors LLC

ITEM 5                         FEES AND COMPENSATION

Multi Strategy Fund Management Fee
The Fund pays ADVISOR the Management Fee, in arrears, in an amount equal to one-half of one
percent (0.50%) per annum of the NAV of each Capital Account, as of the end of each month. The
Management Fee is charged against a Capital Account regardless of whether such Capital Account
increases or decreases in value over time.

The Fund generally bears all other costs and expenses associated with its organization, the offering
of Interests and its ongoing operations, except as otherwise described in the Offering Memorandum
provided to each client, including the Fund’s organizational costs and expenses, together with
offering costs and expenses incurred in connection with the offer and sale of Interests. To the extent
the Fund invests in Pooled Investment Vehicles, it bears its allocable share of the costs and expenses
of such vehicles, including their organizational, offering, and operating costs and expenses and the
management fees and incentive compensation payable to their Sub-Managers. Similarly, to the extent
the Investment Manager causes the Fund to open Managed Accounts with one or more Sub-
Managers, the Fund bears the expenses associated with the management of such accounts, including
their administrative and transaction expenses and the management fees and incentive compensation
charged by such Sub-Managers.
NOVA Prime Fund Management Fee
The Fund will pay the Relying Adviser (or an affiliate) a management fee with respect to each limited
partner. Such a management fee will be paid quarterly in advance and will be an amount equal to
0.625% per quarter (i.e., 2.5% annually) multiplied by such limited partner’s capital commitment to
the Fund. Please refer to the Fund’s offering documents for more detailed information regarding
management fees.

NOVA Prime Fund Carried Interest
NOVA Prime Fund will pay the Relying Adviser (or its affiliate) a carried interest equal to 20% with
respect to each portfolio company; provided that prior to the Relying Adviser (or its affiliate)
receiving any carried interest distribution with respect to a portfolio company, the limited partners
will have received aggregate distributions equal to the sum of their capital contributions with respect
to the portfolio company investment giving rise to the distribution.

ITEM 7                 TYPES OF CLIENTS

ADVISOR provides advisory services to the following pooled investment vehicles (i.e., the Funds).
Investors in the Funds may include, but are not limited to, individuals, pension and profit-sharing
plans, trusts, estates, charitable organizations, corporations, and other business entities.