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nd other earnings. Quarterly and year-to-date figures are estimates and unaudited and have been calculated by the Fund's independent administrator, SS&C Fund Services. The Fund's performance results have been audited for calendar years 2011, 2012, 2013. and 2014 by the Fund's independent auditor, Marcum LLP. Incep
o. Regards, Adam D. Wyden CONFIDENTIAL 3 EFTA00605857 ADW Capital Partners, L.P. 8/8/2015 IMPORTANT NOTES This report is being furnished by ADW Capital Management, LLC ("ADW) on a confidential basis to existing limited partners in ADW Capital Partners, L.P. (the "Fund') and does not constitute an offer, solic
nd other earnings. Quarterly and year-to-date figures are estimates and unaudited and have been calculated by the Fund's independent administrator. SS&C Fund Services. The Fund's performance results have been audited for calendar years 2011. 2012. 2013. and 2014 by the Fund's independent auditor. Marcum LLP. Incep
. Regards, Adam D. Wyden CONFIDENTIAL 5 EFTA00605928 ADW Capital Partners, L.P. 4/20/2015 IMPORTANT NOTES This report is being furnished by ADW Capital Management, LLC ("ADW) on a confidential basis to existing limited partners in ADW Capital Partners, L.P. (the "Fund') and does not constitute an offer, solic
nd other earnings. Quarterly and year-to-date figures are estimates and unaudited and have been calculated by the Fund's independent administrator, SS&C Fund Services. The Fund's performance results have been audited for calendar years 2011, 2012. 2013, and 2014 by the Fund's independent auditor, Marcum LLP. Incep
Regards, Adam D. Wyden CONFIDENTIAL 4 EFTA00605978 ADW Capital Partners, L.P. I 2/17/2016 IMPORTANT NOTES This report is being furnished by ADW Capital Management, LLC ("AMY) on a confidential basis to existing limited partners in ADW Capital Partners, L.P. (the "Fund') and does not constitute an offer, solic
and other earnings. Quarterly and year-to•date figures are estimates and unaudited and have been calculated by the Funds independent administrator, SS&C Fund Services. The Funds performance results have been audited for calendar years 2011, 2012, and 2013 by the Funds independent auditor, Marcum LLP. Inception-to-
o. Regards, Adam D. Wyden CONFIDENTIAL 3 EFTA00620146 ADW Capital Partners, L.P. 2/8/2015 IMPORTANT NOTES This report is being furnished by ADW Capital Management, LLC ("ADW) on a confidential basis to existing limited partners in ADW Capital Partners, L.P. (the "Fund') and does not constitute an offer, solic
nd other earnings. Quarterly and year-to-date figures are estimates and unaudited and have been calculated by the Fund's independent administrator. SS&C Fund Services. The Fund's performance results have been audited for calendar years 2011. 2012. 2013. and 2014 by the Fund's independent auditor. Marcum LLP. Incep
Regards, Adam D. Wyden CONFIDENTIAL 3 EFTA00287285 ADW Capital Partners, L.P. I 11/4/2015 IMPORTANT NOTES This report is being furnished by ADW Capital Management, LLC ("ADW') on a confidential basis to existing limited partners in ADW Capital Partners, L.P. (the "Fund') and does not constitute an offer, soli
nd other earnings. Quarterly and year-to-date figures are estimates and unaudited and have been calculated by the Fund's independent administrator, SS&C Fund Services. The Fund's performance results have been audited for calendar years 2011, 2012. 2013, and 2014 by the Fund's independent auditor, Marcum LLP. Incep
Regards, Adam D. Wyden CONFIDENTIAL 4 EFTA00287290 ADW Capital Partners, L.P. I 2/17/2016 IMPORTANT NOTES This report is being furnished by ADW Capital Management, LLC ("AMY) on a confidential basis to existing limited partners in ADW Capital Partners, L.P. (the "Fund') and does not constitute an offer, solic
nd other earnings. Quarterly and year-to-date figures are estimates and unaudited and have been calculated by the Fund's independent administrator. SS&C Fund Services. The Fund's performance results have been audited for calendar years 2011. 2012. and 2013 by the Fund's independent auditor. Marcum LLP. Inception-t
Regards, Adam D. Wyden CONFIDENTIAL 4 EFTA00287301 ADW Capital Partners, L.P. I 7/18/2014 IMPORTANT NOTES This report is being furnished by ADW Capital Management, LLC ("ADW') on a confidential basis to existing limited partners in ADW Capital Partners, L.P. (the "Fund') and does not constitute an offer, soli
and other earnings. Quarterly and year-to•date figures are estimates and unaudited and have been calculated by the Funds independent administrator, SS&C Fund Services. The Funds performance results have been audited for calendar years 2011, 2012, and 2013 by the Funds independent auditor, Marcum LLP. Inception-to-
o. Regards, Adam D. Wyden CONFIDENTIAL 3 EFTA00287309 ADW Capital Partners, L.P. 2/8/2015 IMPORTANT NOTES This report is being furnished by ADW Capital Management, LLC ("ADW) on a confidential basis to existing limited partners in ADW Capital Partners, L.P. (the "Fund') and does not constitute an offer, solic
nd other earnings. Quarterly and year-to-date figures are estimates and unaudited and have been calculated by the Fund's independent administrator. SS&C Fund Services. The Fund's performance results have been audited for calendar years 2011. 2012. and 2013 by the Fund's independent auditor. Marcum LLP. Inception-t
. Regards, Adam D. Wyden CONFIDENTIAL 3 EFTA00287305 ADW Capital Partners, L.P. 11/4/2014 IMPORTANT NOTES This report is being furnished by ADW Capital Management, LLC ("ADW') on a confidential basis to existing limited partners in ADW Capital Partners, L.P. (the "Fund') and does not constitute an offer, soli
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