Stonecastle Cash Management LLC

Item 5 – Fees and Compensation
Generally, StoneCastle will charge a fee, based on assets under administration.
StoneCastle’s fees may be negotiated on a case-by-case basis.

FICA and ICA Programs

Fees charged by StoneCastle represent a percentage of the amount of gross interest earned
on client deposits at each Network Institution and each ICA Bank (together, “Deposit
Institutions”). The amount of the gross interest earned at each Deposit Institution is
determined at the discretion of the Deposit Institutions based on prevailing economic and
business conditions and, as such, varies between Deposit Institutions. Each Deposit
Institution may also adjust the amount of gross interest it pays on deposits.

As it relates to FICA, the interest rate earned by each client may vary within a particular
FICA Program based on the size of the account balance and the introducing party. The
percentage of the gross interest that StoneCastle retains as its fee will also vary between
Network Institutions and over time. However, the FICA fees charged by StoneCastle will
never exceed the gross interest earned from each Network Institution. The FICA fees are
deducted from each Network Institution's omnibus account at the same time interest is
paid to client accounts.
         StoneCastle Cash Management, LLC – Form ADV Part 2A – Firm Brochure – Page 2

As it relates to ICA, the interest rate earned by each client may vary based on the ICA Bank
chosen by the client for deposit. The percentage of the gross interest that StoneCastle
retains as its fee may also vary between ICA Banks and also vary over time. The ICA fees
are deducted from each ICA Bank's omnibus account at the same time interest is paid to
client accounts.

In addition, with prior notice, the custodian may charge a client for specific costs incurred
in processing transactions as well as certain other administrative fees and expenses for
unusual transactions including, but not limited to, wire requests, copies of statements, and
special research services as stated in the account custody agreement. Such amounts may
be deducted by the custodian from the client account.

Item 7 – Types of Clients

StoneCastle provides cash management services and imposes a minimum dollar
commitment.

FICA

The minimum initial deposit into a FICA account is $100,000. However, the maximum
deposit to receive full insurance protection is $100,000,000 but varies by FICA Program
and is subject to change. There is no minimum amount required for subsequent FICA
deposits. StoneCastle may change such minimum and maximum at its discretion.

ICA

The minimum initial deposit into an ICA account is $20,000,000. There is no maximum
deposit into ICA, however, this is subject to change at any time.

StoneCastle currently provides cash management services primarily to institutional, high
net worth individuals, banking institutions, charitable organizations, colleges/universities
and municipal entities.

         StoneCastle Cash Management, LLC – Form ADV Part 2A – Firm Brochure – Page 3