House Hanover LLC

Item 5 – Fees and Compensation

Highland Crusader

The Adviser was paid a fixed fee by the Crusader Funds in the amount of $15,000 per
month until September 30, 2016 and $10,000 per month thereafter. The Adviser
would generally send an invoice to the Crusader Funds for payment of its fees in
arrears on a monthly basis.

The Adviser’s fees were exclusive of brokerage commissions, transaction fees, and
other related costs and expenses which shall be incurred by the Crusader Funds,
which may incur certain charges imposed by custodians, brokers, third party
investment and other third parties such as fees charged by managers, custodial fees,
deferred sales charges, odd-lot differentials, transfer taxes, wire transfer and
electronic fund fees, and other fees and taxes on brokerage accounts and securities
transactions. The Adviser did not receive any portion of such commissions, fees, and
costs.

The Adviser is no longer collecting any fees since the closing of all funds.

Princeton Capital Corporation

Pursuant to the House Hanover Investment Advisory Agreement (and, prior to May
31, 2018, the Interim Investment Advisory Agreement), Princeton Capital will pay the
Adviser a base management fee for investment advisory and management services.
The cost of the base management fee will ultimately be borne by Princeton Capital’s
stockholders. The House Hanover Investment Advisory Agreement does not contain
an incentive fee component.

 The base management fee is calculated at an annual rate of 1.00% of Princeton
Capital’s gross assets, including assets purchased with borrowed funds or other forms of
leverage and excluding cash and cash equivalents net of all indebtedness of
Princeton Capital for borrowed money and other liabilities of Princeton Capital. The
base management fee is payable quarterly in arrears, and determined as set forth in
the preceding sentence at the end of the two most recently completed calendar
quarters. The Princeton Capital Board may retroactively adjust the valuation of
Princeton Capital’s assets and the resulting calculation of the base management fee in
the event Princeton Capital or any of its assets are sold or transferred to an
independent third party or Princeton Capital or the Adviser receives an audit report
or other independent third party valuation of Princeton Capital. To the extent that
any such adjustment increases or decreases the base management fee of any prior
period, Princeton Capital will be obligated to pay the amount of increase to the
Adviser or the Adviser will be obligated to refund the decreased amount, as
applicable.

In accordance with Rule 15a-4(b)(1)(i) of the Investment Company Act, the
compensation that was received by the Adviser under the Interim Investment
Advisory Agreement was no greater than the compensation that the former
investment advisor would have received under the terminated investment advisory
agreement.

The Adviser will bear all compensation expense (including health insurance, pension
benefits, payroll taxes and other compensation related matters) of its employees and
bear the costs of any salaries or directors’ fees of any officers or directors of Princeton
Capital who are affiliated persons (as defined in the 1940 Act) of the Adviser.
However, the Adviser, subject to approval by the Princeton Capital Board, will be
entitled to reimbursement for the portion of any compensation expense and the costs of
any salaries of any such employees to the extent attributable to services performed by
such employees for Princeton Capital. During the term of the House Hanover
Investment Advisory Agreement, the Adviser will also bear all of its costs and
expenses for office space rental, office equipment, utilities and other non-
compensation related overhead allocable to performance of its obligations under the
House Hanover Investment Advisory Agreement.

Except as provided in the preceding paragraph Princeton Capital will reimburse the
Adviser all direct and indirect costs and expenses incurred by it during the term of
the House Hanover Investment Advisory Agreement for: (i) due diligence of potential
investments of Princeton Capital, (ii) monitoring performance of Princeton Capital’s
investments, (iii) serving as officers of Princeton Capital, (iv) serving as directors and
officers of portfolio companies of Princeton Capital, (v) providing managerial

assistance to portfolio companies of Princeton Capital, and (vi) enforcing Princeton
Capital’s rights in respect of its investments and disposing of its investments;
provided, however, that, any third party expenses incurred by the Adviser in excess
of $50,000 in the aggregate in any calendar quarter will require advance approval by
the Princeton Capital Board.

In addition to the foregoing, Princeton Capital will also be responsible for the
payment of all of Princeton Capital’s other expenses, including the payment of the
following fees and expenses:

      Organization and offering expenses;
      Expenses incurred in valuing Princeton Capital’s assets and computing its net
       asset value per share (including the cost and expenses of any independent
       valuation firm);
      Subject to the guidelines approved by the Princeton Capital Board, expenses
       incurred by the Adviser that are payable to third parties, including agents,
       consultants or other advisors, in monitoring financial and legal affairs for
       Princeton Capital and in monitoring Princeton Capital’s investment and
       performing due diligence on Princeton Capital’s prospective portfolio
       companies or otherwise related to, or associated with, evaluating and making
       investments;
      Interest payable on debt, if any, incurred to finance Princeton Capital’s
       investments and expenses related to unsuccessful portfolio acquisition efforts;
      Offerings of Princeton Capital’s common stock and other securities; 
      Administration fees;
...

Item 7 – Types of Clients

The Adviser’s only clients are PIAA, LP and ABGMS, LP, House Hanover Spain S.C.A.
Sicar – PIAA and House Hanover Spain, S.C.A. Sicar – ABGMS, which are Private Equity
Funds, the Crusader Funds which are pooled investment vehicles, Princeton Capital
Corporation which is a closed-end and externally managed investment company that
has elected to be regulated as a business development company under the Investment
Company Act of 1940, as amended and Melody Credit Funds which are Private Equity
Funds.