Illac Advisors LLC

ITEM 5: FEES, COMPENSATION AND TERMINATION OF SERVICES

        A. Description of Compensation and Basic Fee Schedule
        GBM Global Fund
        ILLAC, or an affiliate, will be compensated for its services by receipt of a management fee paid
        as of the beginning of each month and equal to (i) 0.0833% (1% annualized) of the sum of the
        balance of the Series A and Series B units capital accounts of all Limited Partners as of the
        beginning of each month and (ii) 0.125% (1.5% annualized) of the sum of the balance of Series D
        units capital accounts of all Limited Partners as of the beginning of each month, both amounts as
        adjusted to take into account any portion of Net Profit, if any, which has not yet been allocated
        among the capital accounts of the Limited Partners and the General Partner. In the case a Limited
        Partner who is admitted to the Partnership subsequent to the first business day of a month, the
        management fee will be prorated to reflect the number of days during which such Limited Partner
        was a Limited Partner. The management fee described above will be reduced by (i) the amount of
        any management fee paid during the corresponding period by the Mutual Fund and (ii) the amount
        of the management fee of 0.5% per year paid to the manager of Signature Fund during the
        corresponding period.

        Signature Opportunity Fund, Ltd.

        Management Fee

         The Fund will pay the Manager a monthly management fee (the "Management Fee") in
         arrears, equal to (i) 1% per annum (0.08333333% per month) of the Net Asset Value of the Class
         B-1 Shares and (ii) 0.5% per annum (0.04166666%) of the Net Asset Value of the Class B-2
         Shares on the first Business Day of each month, after giving effect to subscriptions and
         redemptions (if any) accepted as of such first Business Day.

         The Manager may, in its sole discretion, waive all or part of the Management Fee otherwise due
         with respect to any investor's or employee's investment. However, these investors shall be issued
         shares in a class separate from the other Shares.

ILLAC Advisors, LLC Form ADV/Part 2A Brochure Page 8

        B. Payment of Fees
        Fees are payable monthly, in arrears and such fees will be deducted from the Fund’s account(s)
        monthly following the end of the calendar month. Payment of advisory fees of a de minimis nature
        can be waived at ILLAC’s discretion.

        C. Other Fees
        The Firm does not receive any fees other than those described above.

        D. Prepayment of Fees
        The Firm does not charge advisory fees in advance; therefore, if a client terminates an advisory
        contract, the Firm will not return any previously paid advisory fees.

        E. Other Compensation

        The Firm does not accept any other compensation for its services other than the fees
        disclosed in this Brochure.

ILLAC Advisors, LLC Form ADV/Part 2A Brochure Page 9

ITEM 7: TYPES OF CLIENTS

        ILLAC provides discretionary management and advisory services directly to the Funds, which are
        pooled investment vehicles exempt from registration under the Investment Company Act, subject
        to the direction and control of Fund’s Manager, and not individually to the Investors. Investors in
        the Funds may include, but are not limited to pension plans, endowments, foundations, pooled
        investment vehicles (e.g., funds-of-funds), trusts, estates or charitable organizations, high net
        worth individuals, accredited investors and corporate or business entities.

ILLAC Advisors, LLC Form ADV/Part 2A Brochure Page 13