Alliant Securities Inc

Fees and Compensation

 The annual compensation received by ASI shall be based upon a percentage of
 the market value of the assets in the account on the last business day of the prior
 to calendar month-end. ASI's general fee schedule is set forth below. The account
 fees include ASI's advisory fee, brokerage commissions for transactions
 and certain administrative fees, but does not include certain other fees and
 charges, such as postage and handling and other related ticket charges and
 administrative fees may apply. Additionally, depending on the designated
 custodian an IRA fee may be assessed on individual retirement accounts.

 STANDARD ADVISORY ACCOUNT FEE SCHEDULE

 Annual Account/s Fee ......................................................................... Account/s Value
 Up to 1.5% of the first.........................................................................$250,000
 Up to 1.25% of the next ....................................................................... $250,000
 Up to 1.0% of the next.......................................................................... $500,000
 Up to .75%of the next........................................................................... $500,000
 Up to .50% of the excess over .............................................................. $1,500,000

 Monthly Fee calculation formula= (TierValue*Billingrate)/TotalDaysinYear*Daysin Month.
 For example, $2,000,000 account would be quarterly billed as follows:

 Tier 1 - ($250,000 * .015)/#days in year*#days in month
 Tier 2 - ($250,000 * .0125)/#days in year*#days in month
 Tier 3 - ($500,000 * .01)/#days in year*#days in month
 Tier 4 -($500,000 * .0075)/#days in year*#days in month
 Tier 5 - ($500,000 * .005)/#days in year*#days in month

 The annual account fee for advisory services is negotiable and can be offered at lower rates
 than the above schedule depending upon the customers’ circumstances, level of account service
 required, type of account, investment experience, size of the account and other considerations.
 In certain cases other reduced fee arrangements such as a flat percentage on total assets or a
 fixed dollar amount per year might be appropriate and can be negotiated with your account
 Adviser Representative. Lower fees for comparable services may be available from other
 sources.

 B. Client instructs Alliant Securities to debit the cash or money market fund balance in
 the Account for payment of the Account Fee to Alliant Securities. If the Account does
 not have sufficient cash or money market fund balances to pay the Account Fee, Alliant
 Securities may sell assets in the Account in an amount necessary to satisfy the debit
 balance. The first calendar monthly Account Fee, due upon the Effective Date, will
 be assessed pro rata. Subsequent payments are due and will be assessed on the first day

of each calendar month. The client may, with Alliant Securities' consent, elect to pay
the Account Fee with cash from other accounts.

C. Besides paying the Account fees to ASI, clients pay advisory fees on assets invested
in mutual funds, which pay advisory fees to the managers of such funds. These funds
include money market funds, including money-market mutual funds, held in client
accounts. In the event that a client opens an account with ASI in which all or a portion
of the account invested in a mutual fund(s) and client instructs ASI to sell all or a portion
of such investment, such investment may be subject to early redemption fees. Clients are
urged to review the Prospectus and Statement of Additional Information of each mutual
fund for or more complete description of the fees and expenses.

D. The account fee is paid monthly, in advance based on the value of the account on
the last business day of the preceding calendar month. The Account/s Fee is calculated
with the utmost good faith and care by Alliant Securities, Inc. on the gross market value
of the assets in the Account/s. For the purposes of computing fees payable to Alliant
Securities, Inc. the value of assets held in the Account/s will be determined by the
account statement that clients receive from the custodian. Given that security prices
fluctuate during trading hours, the actual prices at which a client could buy or sell the
securities in their account may be different from the prices used to calculate advisory
fee. The Report received by Client each month/quarter will evidence the amount
of the Account/s Fee paid by the Client, the Account/s value on which the Account/s
Fee is based and the method by which the account/s fee is calculated. Alliant
Securities, Inc. will act within the fiduciary duties owed to undersigned client. As a
result, Alliant Securities, Inc. will act in the best interest of the undersigned client.

If the account is accepted after the first day of a calendar month, the fee for the initial
month will be pro-rated based on the number of days left in the month, with the fee
calculated on the opening balance of the account. The effective date for billing on new
accounts is generally the date ASI accepts the account by executing the agreement. Upon
termination, any fees paid in advance will be prorated to the date of termination and any
excess will be refunded to client. The agreement may be terminated by either party upon
10 (ten) business days written notice without penalty. If the client terminates the
agreement within five (5) business days of executing the agreement, all prepaid fees will
be refunded to client.

D. Mutual Fund 12 (b) 1 Fees: Mutual funds that are held by advisory clients will bear
their own internal transaction and execution costs, as well as directly compensate their
investment managers along with internal administrative services. Some mutual funds
pay 12 (b) 1 fees, distribution Fees, and/or shareholder service fees to broker/dealers
that offer such mutual funds to their clients. These charges affect the Net Asset Value
...

Item 7     Types of Clients

 ASI provides generally provides investment advice for the following types of clients:

     •   Individuals

     •   Pension & Profit Sharing Plans

     •   Trusts

     •   Estates

     •   Charitable Organizations

     •   Corporations

     •   Business other than those listed above