Common use of Compensation to Adviser Clause in Contracts

Compensation to Adviser. MRC and Arete acknowledge that Adviser may receive compensation for its advisory services to Clients, or reimbursements of costs and charges incurred in the performance of its services, from a variety of sources, including Clients under Advisory Agreements. Adviser acknowledges and represents that it does not charge Clients a fee or charge based upon the sale of the Shares purchased by a Purchaser. Adviser represents and warrants that its fee arrangements would not be deemed excessive under applicable Securities Laws Provisions. MRC, Arete and Adviser all acknowledge that Adviser is not otherwise affiliated with MRC or Arete.

Compensation to Adviser. MRC and Arete Xxxxx acknowledge that Adviser may receive compensation for its advisory services to Clients, or reimbursements of costs and charges incurred in the performance of its services, from a variety of sources, including Clients under Advisory Agreements. Adviser acknowledges and represents that it does not charge Clients a fee or charge based upon the sale of the Shares purchased by a Purchaser. Adviser represents and warrants that its fee arrangements would not be deemed excessive under applicable Securities Laws Provisions. MRC, Arete Xxxxx and Adviser all acknowledge that Adviser is not otherwise affiliated with MRC or Arete.