Gilead Capital LP

Item 5 - Fees and Compensation
Management Fees

Our Clients generally compensate us for our investment advisory and management services through
management fees and performance-based fees or allocations. Please see Item 6 - Performance-Based
Fees and Side-By-Side Management below for a description of our performance-based fees or
allocations.
Gilead Capital charges a management fee for its investment services. The management fee ranges from
1% to 2% annually, depending on the amount of assets being managed, a Client’s withdrawal rights,
and the timing of the investment, and may be negotiable.
Management fees are generally calculated and payable quarterly either in advance or in arrears. Clients
may authorize us to deduct management fees from their assets or may elect to receive a bill for applicable
fees owed.
In the event of the termination of an investment advisory contract, any fees charged, but not earned,
will be rebated upon termination of an investment advisory contract.
Performance Fees

Gilead Capital may charge a performance fee on certain Clients. The performance fee ranges from
10%-20%. All performance fee arrangements will be approved in advance by the CCO to ensure that
the Gilead Capital remains in compliance with the Investment Advisers Act of 1940, as amended (the
“Advisers Act.”). Gilead Capital may enter into performance fee arrangements with a Client so long as
the Client is a “qualified client.” For separately managed Clients, Gilead Capital will provide Clients
with separate invoices for management fees charged and performance fees earned.

Gilead Capital’s management fees and performance fees are dependent on the net asset value of the
Clients or Funds. On a monthly basis, the Firm will reconcile its internal calculation of net asset value
with that of the relevant custodian or administrator.

The performance fees are structured to comply with Rule 205-3 under Advisers Act please see Item 6
- Performance-Based Fees and Side-By-Side Management below.
Fee Reductions and Offsets

We may, in our sole discretion, at any time and from time-to-time, waive, reduce, assign or otherwise
share all or any portion of the management fee paid by a Client.
Gilead Capital’s investment professionals may from time-to-time serve on the boards of directors of
companies in which the Clients invest. To the extent Gilead Capital or its investment professionals
receive compensation from companies in which the Clients invest, such compensation (if in the form of
an in-kind asset, when converted to cash) will reduce management fees payable by the applicable
Account.

Additional Expenses

Clients pay all expenses, as outlined in the applicable Governing Documents, associated with
transactions in the portfolio, including, but not limited to: premiums paid for options, swap options
and other derivative instruments acquired for a Client account; brokerage commissions, clearing fees,
bid/ask spreads and other costs of executing transactions for a Client account; and legal, regulatory, or
other professional fees and expenses, costs, settlement payments and judgments incurred in connection
with the investment activity of a Client account.
Clients that are pooled investment vehicles may pay additional expenses relating to the portfolio and
operation of the vehicles including, but not limited to: investment-related travel expenses, litigation
expenses, director recruitment-related expenses, technology expenses for technology used to manage
the fund, research and market data, administrator fees and expenses, external accounting and valuation
expenses, legal expenses in connection with the fund’s ongoing operations, insurance expenses, printing
and mailing costs, entity-level taxes, registration and filing fees, organizational expenses, offering
expenses, indemnification expenses, proxy solicitation contest-related costs, and extraordinary
expenses as set forth in the Client’s Governing Documents.
Gilead Capital is not affiliated with any broker-dealer. Please see Item 12 - Brokerage Practices below
for more information.
Gilead Capital does not receive fees from the sale of securities or other investment products.

Item 7 - Types of Clients
Investments in the Funds is generally only available to certain high net worth investors that are
“accredited investors,” “qualified clients,” “qualified purchasers,” or non-“U.S. persons,” within the
meaning of the Securities Act of 1933, as amended (the “Securities Act”), the Advisers Act and the
Investment Company Act of 1940, as amended, as applicable. As mentioned above we also provide
non-discretionary sub-advisory services to some Clients. In addition, we have in the past and may in the
future provide investment advisory services to intuitional, separately managed account clients. The
general minimum account size requirement is currently$500,000 for individual Clients; however, the
Firm reserves the right to accept Clients of lesser amounts at its discretion.