Amplify Endowment Management LLC

5.        Fees and Compensation
Fees
Amplify charges a minimum of 50 basis points and a maximum of 200 basis
points annually on discretionary assets under management. Non-discretionary
assets under managed are charged as per the work required to oversee the
assets; in the case of the non-discretionary assets under management currently,
Amplify charges $12,500 annually, paid in equal quarterly installments. Within the
discretionary fee spectrum, Amplify may charge lower fees to its earlier Clients.
Actual fees are negotiable and will be formalized with each Client in a written
Client agreement. Amplify does not charge transaction fees; the bundled
services offered by Amplify are provided based on the single fee calculated as
a percentage of assets under management. In the case that Amplify provides a
subset of its bundled services to a Client, the fee for such service will be
negotiated based on the level of effort required from Amplify.

Fees will be deducted from Client accounts or billed to Clients quarterly at the
end of each quarter as per the Client’s preference; the terms of fee payment
and / or deduction will be explained in the Client agreement. Amplify does not
require clients to pay fees in advance. If clients prefer prepayment of fees and
the advisory agreement is terminated before the end of the billing period,
Amplify will calculate the due fees based on a prorated basis and refund the
client any excess fees paid. All of Amplify’s fees go to Amplify, not to third party
fund managers. Though Amplify does not charge any additional fees, the Funds
Amplify invests in may have embedded fees. The Client’s brokerage account
may also have separate transaction fees which will be charged to the Client.
Amplify will report on its own fees and estimate the embedded Fund fees to
Clients on an annual basis. Neither Amplify nor its owners nor its employees
accept compensation for the sale of securities or other investment products.
Amplify does not charge fees on a per-transaction basis.

Lower fees for comparable services may be available from other sources.
Amplify’s bundled services may cost the Client more or less than purchasing
each service separately. The relative cost of Amplify’s service versus procuring
the same services separately will depend on the respective service providers’
fees and the amount of assets under management. These bundles services,
specified in Section 4 above, do not constitute a wrap fee because transaction
costs are charged to the Client separately by the Client’s chosen broker-dealer.

Compensation
Amplify does not provide compensation to any person recommending Amplify’s
services.

7.        Account Requirements and Types of Clients
Amplify’s business model is to provide investment advisory services to institutional
investors including endowments and foundations. Amplify’s minimum Client
investment is $1 million.