Jade Capital Advisors LLC

Item 5 - Fees and Compensation

A. Below is a discussion of how the Adviser is compensated in connection with providing
    advisory services to its Client. The Adviser may enter into different fee arrangements
    on a Client by Client basis.

    Management Fees. The fees and expenses associated with each Client account will be
    negotiated with each Client and are described in detail in each Client’s Offering
    Documents. Generally, the Adviser will not be entitled to a management fee, but an
    Expense Payment Amount will be allocated as provided to the Client in the respective
    investment management agreement.

    Performance Allocation. The Adviser is entitled to a performance-based profit
    allocation at the end of each calendar year equal to nineteen percent (20%), based on
    net profits (the “Performance Allocation”).

    Direct Client Expenses. Client(s) are responsible for all direct expenses related to their
    operations and activities, including all of its expenses associated with its investment
    portfolio, including brokerage commissions and other transaction costs. Client(s)bear
    the full cost of expenses related to proxies, underwriting and private placements,
    brokerage commissions, interest on debit balances or borrowings, custody fees and any
    withholding or transfer taxes imposed on the Managed Accounts.

B. Performance Allocations from the Managed Account are deducted directly from the
    Client’s capital and payable monthly in advance.

C. Client(s)will incur brokerage and other transaction costs. Item 12 of this brochure
    discusses how the Adviser selects brokers and determines the reasonableness of their
    compensation. The direct expenses borne by each Client are described in more full
    detail in each Client’s Offering Documents.

D. As stated above, Expense Payments are paid monthly in advance based on the relevant
    Managed Account’s percentage of the Adviser’s assets under management. Upon
    termination of an advisory contract, a Managed Account shall pay a draw prorated
    through the end of the foregoing notice period.

E. Other than as described above, neither the Adviser nor any of its supervised persons
    receives any compensation from the sale of securities or other investment products.

Item 7 - Types of Clients

As mentioned in Item 4, the Adviser provides investment advisory and sub-advisory
services to one sub-advised account.

Acceptance of Client and sub-advisory account relationships is determined on a case-by-
case basis.