Haven Capital Advisors LLC

Item 5: Fees and Compensation

Portfolio Management Fees

Haven serves as investment adviser and general partner to Haven Capital Partners (NC),
LP (the "Partnership"). Haven does not charge a fixed annual management fee based upon
assets                               under                                management.

Haven's compensation consists of performance-based fees calculated as a percentage of
investment income generated through the Partnership's investment activities. The
standard fee arrangement provides for Haven to receive up to fifty percent (50%) of
investment income generated by the Partnership, subject to the terms and conditions set
forth in the applicable limited partnership agreement, subscription documents, advisory
agreements,         and        any       related     side        letter    agreements.

Performance fees are assessed only after the applicable investor has satisfied any
negotiated hurdle rate or other economic thresholds established in the governing
documents. Haven utilizes an Automated Annualized Monthly Income System to
administer performance fee calculations. Under this methodology, annual hurdle
provisions negotiated with investors are translated into monthly benchmark amounts for
purposes of determining whether performance compensation may be recognized during
a given month. The monthly benchmark is designed solely as an administrative
mechanism to align ongoing compensation with annual investor return objectives and
does not increase the total amount of compensation otherwise payable under the
applicable                                                                  agreement.

Performance-based compensation is calculated monthly based upon realized investment

    income and is generally deducted from amounts otherwise distributable to the applicable
    investor. Haven does not bill or collect performance fees in advance of income generation.

    The specific terms applicable to each investor, including hurdle rates, waterfall
    provisions, timing of fee recognition, and the percentage of performance-based
    compensation payable to Haven, are disclosed in the governing documents executed by
    the investor. As a result, the actual compensation received by Haven may be substantially
    lower than the standard fifty percent (50%) performance fee described above.

    Haven may negotiate fee arrangements with investors on an individual basis through side
    letters or other amendments to the governing documents. Factors considered in
    negotiating fees may include the amount of capital committed, the anticipated duration
    of the investment relationship, strategic considerations, and the scope of services
    provided. Accordingly, fees are negotiable and may vary among investors.

    In addition to performance-based compensation, investors bear certain transaction-
    related costs associated with the implementation of the investment strategy, including
    blockchain network transaction fees incurred in connection with portfolio activities.
    Haven does not separately charge investors for the development, maintenance, licensing,
    or operation of the proprietary technology and software systems utilized in managing the
    investment program, and such costs are borne by Haven.

    Refunds for fees paid in advance, if applicable, will be refunded as disclosed in the Fund’s
    documents. Additional detail about the fees charged to an investor in such fund is
    available in the current prospectus for the fund.

    Private Funds are responsible for the payment of all third party fees (i.e. custodian fees,
    brokerage fees, onboarding fees, maintenance fees, Blockchain transaction fees,
    accounting/audit fees, administration fees, etc.). Those fees are separate and distinct from
    the fees and expenses charged by Haven.

Item 7: Types of Clients

   Haven generally provides advisory services to Pooled Investment Vehicles.

   The minimum investment requirement is $5,000,000.