Common use of Placement Fees Clause in Contracts

Placement Fees. (a) A Member may be charged a Placement Fee when a Placement Agent is used to place such Member's Interest with the Company. The specific amount of the Placement Fee is dependent on the size of the investment in the Company. The fees are as follows: Amount Subscribed For Placement Fee $75,000 to $1 million 3.0% of subscription amount Between $1 million and $5 million 1.5% of subscription amount $5 million to $10 million 1% of subscription amount More than $10 million No fee (b) The placement fee will be added to a prospective Member's subscription amount; it will not constitute a Capital Contribution made by the Member to the Company nor part of the assets of the Company and may be adjusted or waived at the sole discretion of the Placement Agent in consultation with the Manager.

Placement Fees. (a) A Member may be charged a Placement Fee when a Placement Agent is used to place such Member's Interest with the Company. The specific amount of the Placement Fee is dependent on the size of the investment in the Company. The fees are as follows: Amount Subscribed For Placement Fee ----------------- ------------------ $75,000 to $1 million 3.0% of subscription amount Between $1 million and $5 million 1.5% of subscription amount $5 million to $10 million 1% of subscription amount More than $10 million No fee (b) The placement fee will be added to a prospective Member's subscription amount; it will not constitute a Capital Contribution made by the Member to the Company nor part of the assets of the Company and may be adjusted or waived at the sole discretion of the Placement Agent in consultation with the Manager.

Placement Fees. (a) A Member may be charged a Placement Fee when a Placement Agent is used to place such Member's Interest with the Company. The specific amount of the Placement Fee is dependent on the size of the investment in the Company. The fees are as follows: Amount Subscribed For Placement Fee ----------------------- --------------- $75,000 to $1 million 3.0% of subscription amount Between $1 million and $5 million 1.5% of subscription amount $5 million to $10 million 1% of subscription amount More than $10 million No fee (b) The placement fee will be added to a prospective Member's subscription amount; it will not constitute a Capital Contribution made by the Member to the Company nor part of the assets of the Company and may be adjusted or waived at the sole discretion of the Placement Agent in consultation with the Manager.