From: jeffrey E. <[email protected]> Sent: Friday, January 5, 2018 9:29 PM To: Richard Kahn Subject: Re: Enhanced Share Class - Boothbay why the increase in mgmt fees On Fri, Jan 5, 2018 at 4:10 PM, Rich=rd Kahn MMII MMI I> wrote: sorry to be a pai= but an is insisting on signed paperwork today for this to be effective J=n 1 vs Feb 1 please advise if ok to send thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th =loor New York, NY 10022 Begin forwarded message: From: Richard Kahn <[email protected]=m> Subject:=Fwd: Enhanced Share Class - Boothbay =/div> Date: Ja=uary 5, 2018 at 3:11:25 PM EST To: "jeffrey E." <[email protected]&g=; attached be=ow are darren questions and responses highlights are as=follows: a) incentive allocation is 14% not 15% p=r original fund b) mgmt fee is 1.5% not 1% per original fund c) soft lock of 1 year on 7.5mm investment then quarterly withdrawal=with 60 day notice d) investment subject to 10% walk away rights=/div> please advise if ok to sign attach=d 3 page conversion agreement once above language is incorporated EFTA_R1_01693557 EFTA02542644