💰 Financial Record

This document is page 51 of a confidential offering memorandum or partnership agreement (Bates HOUSE_OVERSIGHT_024062). It defines the allocation of 'Organizational Expenses' and 'Operating Expenses' between 'The Fund' and 'The Management Company.' The Fund is responsible for organizational costs up to $1.25 million, while the Management Company covers routine operating costs. The text also details various additional costs the Fund is responsible for, including litigation, Advisory Board fees, and partner meetings.