"Promote Fees are generally agreed in the underlying documentation of the Project with
the investors. This Fee is a compensation for A.________ AG (Anm.: die Rekurrentin)
depending of the net projected returns (cash profit for the investors) of the underlying
investment. Typically, this fee is between 15 % and 20 % of the net projected returns of
the Project. Economically this fee is a performance-related component of the Asset
Management Fee. The claim for the Promote fee is only recognised when the relevant
transaction documentation resulting in a net project return has been validly entered into,
and becomes payable after all Investor commitments have been fully repaid to the
investors.