J Goldman & Co LP

Item 5 – Fees and Compensation

    A-B. The specific manner in which the Firm calculates and deducts fees is set forth in the private
         offering memoranda for the Funds. Fees may be waived, rebated, or calculated differently at
         the sole discretion of the Firm, and in certain instances, more favorable arrangements are
         reflected in “side letters” with certain investors. A brief summary of the fees and fund terms
         is set forth below for Woodmont Investments Limited, J. Goldman, L.P., J. Goldman
         Enhanced, L.P. and Woodmont Investments Enhanced Limited (together, the “Feeder
         Funds”).

                    Woodmont                                         J. Goldman          Woodmont Investments
                Investments Limited         J. Goldman, L.P.        Enhanced, L.P.        Enhanced Limited
Management      Class A, B, C, D – 1%      Class A, C, E – 0%        Class A – 1%            Class A – 1%
   Fee                                      Class B, D – 1%
 Advisor          Pass through of all      Pass through of all     Pass through of all     Pass through of all
 Expenses              expenses                 expenses                expenses                expenses

Incentive      Class A – 20% on first   Class A – 30%; quarterly    Class A - 20% on first      Class A - 20% on first
Allocation      15% net annualized;           crystallization        15% net annualized;       15% net annualized; 30%
                   30% thereafter;       Class B – 20% on first        30% thereafter;           thereafter; quarterly
                        quarterly       15% net annualized; 30%    quarterly crystallization        crystallization
                    crystallization        thereafter; monthly
                Class B, C – 20% on           crystallization
                     first 15% net       Class C – 30%; annual
                  annualized; 30%             crystallization
                thereafter; monthly      Class D – 20% on first
                    crystallization     15% net annualized; 30%
               Class D – 20% on first     thereafter; quarterly
                15% net annualized;           crystallization
                   30% thereafter;      Class E – 30%; quarterly
                        quarterly             crystallization
                    crystallization

    C. In addition to fees, the Funds bear all costs, fees and expenses incurred in connection with their
        management and operation. As “pass through” entities, these expenses include the Adviser’s
        overhead. The Funds’ expenses include: (i) all costs, fees and expenses of the Funds directly
        related to the purchase, sale or retention of investments by the Funds (including, but not
        limited to, brokerage commissions, prime broker fees, initial and variation margin, interest and
        dividend expense, margins, option premiums, brokerage, floor, exchange, and clearinghouse
        commissions and fees, other transaction costs and expenses, advisory fees (including the
        Fund’s pro rata share of fees and expenses of a Fund’s advisory committee, if any),
        management fees, performance compensation, including the expenses of any third party
        investment adviser engaged to manage a portion of a Fund’s assets, transmission costs, and
        related expenses); (ii) all Federal, state and local taxes payable by the Funds; (iii) other
        expenses, including ordinary and extraordinary indemnification, legal (including, without
        limitation, costs associated with preparing and making regulatory filings, such as Forms 13D,
        13F, 13G, 13H, Form PF, Form ADV and any other regulatory filings which may arise),
        accounting, auditing, recordkeeping and administration expenses (including costs associated
        with third-party administrators to the Funds), travel expenses, supplies, computer, corporate
        licensing, custodial and clerical expenses (including expenses incurred in preparing and
        transmitting reports and tax information to investors in the Funds and regulatory authorities
        and expenses for specialized administrative services), printing and duplication expenses, the
        expenses of the continuing offering of interests in the Funds (including expenses incurred in
        developing and maintaining investor relations and the marketing of the Funds), mailing
        expenses, filing fees and other regular or extraordinary fees and expenses associated with the
        operation of the Funds; (iv) all interest expenses of the Funds; and (v) all Adviser Expenses (as
        defined below) allocated by the Firm to the Funds. For additional information regarding
        brokerage expenses, please see Item 12, Brokerage Practices, below. The Funds may incur
        expenses associated with indemnification of the Firm and its affiliates, employees, and agents.
        To the extent that expenses of the Funds or Adviser Expenses are attributable to multiple
        Funds, such amounts will be allocated in accordance with the methodology utilized to allocate
        Adviser Expenses, as described below.

The costs and expenses (including the fees and expenses of counsel and accountants) incurred by
or on behalf of the Funds or by or on behalf of the General Partner in connection with a Fund’s
formation and the offering and sale of its interests or shares shall be borne by the Fund.

The Funds bear the portion of the Investment Adviser’s operational and ongoing expenses
(“Adviser Expenses”) that are allocated by the Firm to the Funds as well as the Funds’ pro rata
share of any such expenses allocated by or on behalf of each Master Fund in connection with its
management and operation. Generally, Adviser Expenses will be paid directly to the relevant third
party by the Master Funds or the Funds, as applicable; provided that under circumstances in which
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Item 7 – Types of Clients

The Firm provides portfolio management services to pooled investment vehicles that are
exempt from registration under the Investment Company Act.

In general, the minimum initial investment in a Fund managed by the Firm is $500,000,
depending on the fund and share class in which the investor invests. The amount of the minimum
initial investment may be waived at any time, or in the future increased or decreased, at the
discretion of the Firm.