9 Stream Capital Partners

Not included above

• • In addition to bearing the investment management fees and Performance Allocation, if any, each Fund is also subject to other expenses related to its investments and operations, such as all investment-related costs and expenses (i.e., expenses that, in the Adviser’s sole discretion, are related to the investment of the Fund’s assets, whether or not such investments are consummated), including commissions and charges, interest on margin accounts and other indebtedness, expenses relating to short sales, clearing and settlement charges, option premiums and custodial and service fees, research-related expenses (including research-related travel expenses) and expenses relating to consultants, attorneys, brokers or other professionals or advisors who provide research, advice or due diligence services with regard to investments
• • fees and expenses related to portfolio exposure and performance management systems, risk management services and software related to trade reconciliation, treasury, margin, financial and counterparty management, risk monitoring, performance reporting, valuation quotation services (e.g., Bloomberg terminals, historical and live financial data and other similar services and data feeds) and trade order management systems (including systems that facilitate trade compliance, commission management, stock locates and transaction cost analysis, and third party service providers used for implementation, custom reporting, updates, consultations, support, maintenance, monitoring and data extracts)
• • the Fund’s legal, accounting, tax preparation and other tax-related expenses (including preparation and mailing costs of financial statements, tax returns and other reports to investors), auditing, consulting and other professional expenses
• • third-party administration costs, fees and expenses (including any costs, fees and expenses related to investor communications, relations, reporting or other investor materials, performance information, data extraction and other types of reporting and any audit or accounting services provided by a third-party administrator)
• • fees of any third-party shareholders proxy voting firms
• • compliance and reporting expenses and expenses attributable to regulatory filings that are made with respect to the Fund or its assets (including Section 13, Section 16, Form D, Form PF, the Foreign Account Tax Compliance Act, anti-money laundering compliance, state security filings, general regulatory compliance and non-U.S. position reporting filings, if applicable, and any other non-U.S. filings)
• • any Fund-related insurance costs (including director’s and officer’s insurance, errors and omissions insurance, fidelity insurance and other similar policies covering the Adviser, a Fund’s general partner (as applicable), and members of the Fund’s governance committee (as applicable)
• • any taxes (including, without limitation, any withholding taxes, transfer taxes, stamp duties and other governmental or self-regulatory agency-related charges or duties)
• • all costs and expenses incurred in attempting to protect and enhance the value of the Fund’s investment (including any fees and expenses associated with any pending or threatened litigation, audit, investigation, administrative or other proceeding, as well as any settlement costs)
• • fees and expenses related to any activist-related activities
• • fees and expenses of the Fund’s governance committee, if any
• • any fees and expenses related to the Fund’s liquidation, if applicable
• • fees paid to proxy and securities class action advisory firms
• • expenses relating to the offer and sale of interests in the Fund and withdrawals and transfers thereof
• • other reasonable expenses related to the purchase, sale, preservation or transmittal of Fund assets
• • and any extraordinary expenses (e.g., indemnification expenses). In addition to paying the asset-based investment management fees and performance-based compensation, if any, described in the Adviser's investment management agreement with an Account, that Account will also be subject to expenses set forth in the Adviser's investment management agreement with that Account.