Scope of Services: Fund Administration (Implementation)

Scope of Services: Fund Administration (Implementation)

Is it possible to get fund administration services during my implementation period?

Carta’s standard day-to-day fund administration services such as wire payments, capital calls, and distributions will typically begin once full implementation is complete. This is to ensure that Carta has all historical data in app prior to capital activity.

Limited day-to-day fund administration services may be provided during your implementation period on an approval-only basis. In order for Carta to provide these services, we must have access to the documents outlined below.

Wires

Necessary documents or information you will share with Carta:

• Correct bank account access (1)

Carta will:

• Set up wires within 2 business days of bank account setup

Bill payment

Necessary documents or information you will share with Carta:

• Correct bank account access (1)

Carta will:

• Set up wires within 2 business days of bank account setup

Capital calls

Necessary documents or information you will share with Carta:

• Correct bank account access (1)

• All LP information (including LP payables, receivables, and subsequent close interest)

• All capital call activity from inception to date

Carta will:

• Onboard LPs and historical capital call information within 2 weeks of receiving the above

• Release a capital call within 2 business days of your review and approval of the above

(1) Correct bank account access must be read-only access with the ability to set up wires, but not to release them. No auto-release settings should be enabled.