Expenses Legal and accounting expenses capped at 35bps Investment Manager Clockwork Capital Advisors LLC Counsel for Fund Schulte Roth & Zabel, LLP/Wachtell, Lipton, Rosen & Katz / Cravath, Swain & Moore, LLP/ White and Case, LLP Auditor Deloitte & Touche, LLP Accounting Eisner, LLP CLOCKWORK CAPITAL FUND HIGHLY CONFIDENTIAL 16 EFTA00683176