ROLE OF CANAM

The day to day management of each limited partnership will be conducted by the General Partner.

The duties of the General Partner, to be set out more fully in the limited partnership agreement, which is included in the offering materials for the relevant limited partnership, include:

• recommending qualifying investments to limited partners
• determining that proposed qualifying investments meet the minimum investment criteria
• determining that proposed qualifying investments meet the criteria for job creation under the Program
• monitoring the target business with respect to continuing qualification under the Program
• monitoring the qualifying investments and the financial performance of the target business
• supervising EI Capital’s performance of its obligations under the Advisory Agreement
• updating limited partners on the investment with semi-annual reports
• calling meetings of limited partners, as necessary
• maintaining limited partnership books and records
• retaining lawyers, auditors and other professionals as may be required on behalf of the limited partnership

On behalf of each limited partnership, the General Partner will enter into an advisory agreement with EI Capital to provide certain advisory and administrative services to each limited partnership.