Agilis Investment Management LLC

Item 5 Fees; Compensation & Methods of Compensation

MANAGEMENT FEES

Agilis manages client portfolios for which Agilis charges its management fee based upon the following fee
schedule:

                                                                                   Form ADV Part 2A

                    On Assets Under Management                        The Annual Fee is
                    From            $0 to $2,000,000                    100 Basis Points
                    From    $2,000,001 to $5,000,000                     95 Basis Points
                    From    $5,000,001 to $10,000,000                    85 Basis Points
                    Over   $10,000,000                                   80 Basis Points

Agilis will combine the market values of family portfolios to provide clients with the largest possible
discount from the standard fee schedule. Agilis does not tier its fees. All client assets will be charged a fee
at the lowest tier possible.

If a reimbursement of management fees is required, the client will receive a credit of the overbilled amount
as soon as possible after recognition.

Agilis bills monthly in arrears. Agilis clients may permit the deduction of fees from client’s custodial
account. Most clients permit the direct deduction, but clients may request to pay their management fees by
check, wire or automated clearing house (ACH).

Each month a base fee (the "Monthly Base Fee") will be calculated based upon the Average Daily Balance
of the Portfolio. The Monthly Base Fee will be billed in arrears for each calendar month and payable within
30 days of receipt. Clients may verify the accuracy of the fee calculation as the custodian will not determine
whether the fee is properly calculated. All investment advisory fees paid to Agilis are reflected in the client’s
monthly (or quarterly) brokerage statements, which are independently prepared and provided to the client
by the custodian. The valuation of clients’ portfolios is determined and reported by independent pricing
services. Please note that this balance may vary from your custodian statement due to settlement, dividends
or other minor reporting issues related to the timing of a transaction. Fees are prorated for accounts opened
or terminated during a quarter. Under certain circumstances, fees may be waived, discounted and or
negotiated to non-standard rates. Agilis may exclude certain assets from calculation of management fees.

The Investment Advisory Agreement between Agilis and the client will continue in effect until terminated
by either party by written notice in accordance with the terms of the Investment Advisory Agreement. A
terminating client will pay Agilis management fees through the date of termination.

Clients may incur fees or charges from third parties. These fees and charges are separate and distinct from
the fees paid to Agilis and may include, but are not be limited to, mutual fund 12b-1 fees, certain deferred
sales charges on previously purchased mutual funds transferred into the account, brokerage commissions,
directed brokerage fees, corporate action fees, non-standard asset fees, other transaction related fees, IRA
and Qualified Retirement Plan fees, interest charged on margin borrowing, bank service fees, interest
charged on debit balances, spreads imposed by brokers and dealers representing implicit transaction costs
and transfer or foreign taxes.

                                                                                 Form ADV Part 2A

Agilis is not a broker-dealer. Agilis purchases and sells securities through members of the major stock and
bond exchanges. Agilis clients pay a brokerage fee for transactions. Agilis receives no direct compensation
for the purchase or sale of any security (please refer to Item 12). Agilis seeks to minimize custodian and
transaction expenses. Agilis uses block trading to consolidate an order for a security and such consolidation
facilitates the purchase or sale and allocation of the security to achieve best execution. Block trading
minimizes logistical costs and in Agilis’ opinion reduces transaction expense. Not all client portfolios will
qualify for block trading. Clients who select their own custodian (also considered “directed brokerage”) will
not qualify for block trading (for more information on directed brokerage and block trading, please refer to

Item 7 Types of Clients

Agilis advises both taxable and tax-exempt entities. These include individuals, estates, trusts, foundations,
endowments, corporations, and pension and profit-sharing plans. Agilis has no account minimum.

                                                                                   Form ADV Part 2A