EFTA Document EFTA01451505

SOF III - 1081 Southern Financial LLC SUMMARY OF TERMS l'o understand this investment opportunity, a prospective investor should read both this summary of terms of Secondary Opportunities Fund III Private Client Feeder Fund (U.S), L.P. (the "Onshore Feeder Fund) and Secondary Opportunities Fund 111 Private Client Feeder Fund (International), L.P. (the "Offshore Feeder Fund" and, together with the Onshore Feeder Fund, the "Feeder Funds) and the summary of terms (the "Master Fund Term Sheet)