Albritton Capital Management Co

Item 5 Fees and Compensation

Portfolio Management Program Fee Schedule
The annual advisory fees payable to us will vary according to the size of the account and are negotiated
with you prior to opening an account and will be based on what you would pay other investment managers
for similar services.

The fees shall be paid quarterly at the end of each quarter for services rendered during such quarter,
based on the market value of assets as of the end of such quarter, and are billed quarterly in arrears.
Fees are calculated by multiplying the assets under management market value by the relevant
percentage and dividing such product by four (4). Under no circumstances will the firm accept client fees
in advance. Fees are payable within thirty days of the date of billing.

Fees will be prorated based on the number of days your funds were not managed within that given quarter
due to start-up or termination.

We have a minimum managed account size of $5,000,000.00, and do not accept accounts under this
amount.

Termination
The Investment Management Agreement may be terminated by either party at any time upon thirty days’
written notice.

Additional Types of Fees or Expenses
Portfolio Management fees do not include certain charges imposed by third-parties which may include,
but are not limited to, the following: mutual fund or money market 12b-1 and sub transfer fees, fund or
money market management fees and administrative expenses, mutual fund transaction fees, certain
deferred sales charges on previously purchased mutual funds transferred into the account, IRA and
qualified retirement plan fees, and other charges required by law. Additional fees may be incurred while
the funds are in a money market fund or other no-load fund. These fees are charged and collected by the
mutual funds and are not refundable to Client.

ERISA Accounts,Profit Sharing 401(k), SEP’s:
We may also have other retirement accounts that are subject to ERISA rules and regulations. In all cases,
an “eligible investment advice arrangement” or advisory agreement will be executed with the Client. We
will be considered a “fiduciary advisor” and will charge fees to the retirement account.

Other Compensation Received:
Albritton Capital receives no compensation other than advisory fees.

Item 7 Types of Clients

Client Base
Our customer base may consist of qualified Corporation Pension and Profit-Sharing Plans. These are
the types of clients we serve, but we may not have all of them as current clients at any one time. The firm
does not deal with individuals.

Conditions for Account Management
We have imposed a minimum account size of $5,000,000 and do not accept accounts under this amount.