EFTA Document EFTA01451661

S0F III -1081 Southern Financial LLC applicable law, provided that the terms of any such transaction are no less favourable to the Fund than could be obtained in arm's length negotiations with unrelated third Persons for similar transactions and shall be disclosed to the Advisory Committee annually); (d) to set aside funds for reasonable reserves, anticipated contingencies and working capital, including for expenses and liabilities of the Fund and amounts in respect of the exercise price