Epstein Secrets

lerstod EFTA00295616 CCM SMALL CAP VALUE FUND, W. (A Delaware Limited Partnership) STATEMENT OF F

irm for this purpose. The resulting concentration of credit risk is mitigated by the broker's obligation to comply with the rules and regulations of the United States Securities and Exchange Commission. The Partnership also regularly reviews the credit quality and credit limit extended to each of the counterparties with which it chooses to conduct

, LP do Panoptic Fund Administration, LLC 11835 W. Olympic Blvd., Suite 625E Los Angeles, CA 90064

exemption from registration provided in Section 4(2) of the Securities Act and Rule 506 of Regulation D ("Regulation D") promulgated thereunder by the United States Securities and Exchange Commission (the "SEC") on the basis of the Amended and Restated Confidential Private Placement Memorandum of the Partnership, as the same may be further amend

MENT PURCHASER: CVAFH I LL ' By: Name: How rd W. Lutnick Title: President Address: Facsimile:

and outstanding or (ii) are then issuable pursuant to the exercise or conversion of options, warrants or convertible securities. 1.11 "SEC' means the United States Securities and Exchange Commission. 1.12 "Securities Act" means the Securities Act of 1933, as amended. 2. Registration Rights. 2.1 Demand Registration. (a) Request by Holders.