AFT Forsyth and Company Inc

Item 5: Fees and Compensation

The monthly fee for portfolio management services is billed in arrears based on the asset value at the end of the
month excluding accrued dividends. Fees will be assessed pro rata in the event the portfolio management
agreement is executed at any time other than the first day of a month. The payment of fees for portfolio
management services will be made via direct debit by Charles Schwab, a qualified and independent custodian,
holding the clients’ funds and securities. On a monthly basis, AFC’s fees for portfolio management services,
subject to negotiation, are as follows:
Portfolio Size             Monthly Fee
first    $2,000,000           0.12%
next     $3,000,000           0.09%
over     $5,000,000           0.07%

The Firm may allow accounts of members of the same household to be aggregated for purposes of meeting the
minimum account size. AFC may allow such aggregation, for example, where the Firm services accounts on behalf
of minor children of current clients, individual and joint accounts for a spouse, and other types of related accounts.

Payment of AFC’s management fees will be made directly from the client’s account by Charles Schwab provided
the client supplies written authorization. AFC will not have access to client funds for payment of fees without
written consent from the client. Further, Charles Schwab agrees to deliver a monthly account statement directly
to the client, showing all disbursements from the account. The client is encouraged to review all account statements
for accuracy. AFC will receive a duplicate copy of the statement that was delivered to the client. The client may
terminate the portfolio management agreement within five days of the date of execution without penalty to the
client. After the five-day period, either party may terminate the agreement by providing 30 day written notice to
the other party.

AFC nor any of its employees receive compensation for the sale of securities or any other investment products.

Item 7: Types of Clients

AFC generally provides investment advice for individuals and trust accounts.

For new clients, AFC generally imposes a minimum of $2,000,000 to open and maintain an advisory account.
However, this account minimum may be waived at the discretion of AFC if, for example, the client appears to
have significant potential for increasing assets under management.