Atwater Malick LLC

Item 5: Fees and Compensation

A. Fee Schedule

   Investment Supervisory Services Fees
   The compensation of AM for its services rendered hereunder shall be calculated in accordance with
   the Schedule of Fees outlined in the Client’s Investment Advisory Contract or, in writing, between
   Client and AM. Fees for investment supervisory services for Client are based on a percentage of
   assets under management as follows:

                     Total Assets Under                       Annual Fee
                       Management
                     $1 - $1,000,000                           1.00%

                 $1,000,001 - $3,000,000                       0.75%

                    Above $3,000,000                           0.50%

 The fees are negotiable, and Client’s fee is set forth in Client’s Investment Advisory Contract
 or, as updated, in writing, between Client and AM. Fees are paid quarterly in arrears, and
 Client may terminate the Account with five (5) days prior written notice. Because fees are
 charged in arrears, no refund policy is necessary. Client may terminate all accounts without
 penalty, for full refund, within five (5) business days of signing the advisory contract.

 If Client provides written authorization, AM will withdraw advisory fees directly from
 Client account(s).

 The Account minimum, $1,000,000, can be waived by the investment adviser, based on the
 needs of the Client and the complexity of the situation.

 Fees are negotiable and negotiation factors may include size of relationship, association with
 other relationships, complexity of management, number of accounts, financial planning
 needs, level of service, family member or substantial previous relationship, AM employee,
 etc.

 Annual fees are divided and billed on a quarterly basis. AM calculates the quarterly fee by
 taking the aggregate market value on the last business day of the calendar quarter,
 multiplying the market value by the annual fee and then dividing by four (4).

 AM’s fee calculations are based solely on quarter end market values and, therefore, do not
 consider cash flows during the quarter for established, funded and ongoing relationships
 and accounts. Cash flows, whether deposits into a relationship or withdrawals out of a
 relationship, are not prorated for established, funded and ongoing relationships and
 accounts. Therefore, regardless of the quarterly cash flows, all fees are assessed based solely

on quarter end market values for established, funded and ongoing relationships.

The market value that AM utilizes is from Advyzon, AM’s portfolio management system.
The Advyzon market value can result in differences from the values reflected at the account
Custodians due to how each calculates and accounts for accrued interest.

AM assesses fees on money market (i.e., cash) balances. Money market balances are part of
AM’s portfolio management process and therefore AM charges fees on these balances.
Money market balances are used for distributions, strategic investment, dollar-cost-
averaging as well as other investment purposes that are consistent with AM’s portfolio
management process. Furthermore, a cash allocation is stated in the Investment Policy
Statement (IPS), which Client accepts as part of the investment policy. Sometimes Client
directs AM to hold larger cash balances for a variety of reasons. Although AM will follow
said Client direction, AM will nonetheless fee these directed cash balances as per Client’s
standard fee schedule.

AM utilizes tiers as part of its standard fee schedule. A tiered fee schedule assesses a specific
basis point fee to the first tier of the fee schedule, then another specific basis point fee to the
second tier of the fee schedule, etc. Each tier’s fee calculation is based on its specific dollar
amount multiplied by that tier’s basis point fee. As assets grow from one tier to the next,
assets up to the lower tier are still assessed a fee at the lower tier’s basis point fee. The tiered
fee schedule is a graduated fee schedule, each tier pays its respective rate up to the
maximum for that tier. Assets exceeding a tier does not reduce the basis point fee on the
lower tiers.

For example, consider a $7,000,000 client relationship. Based on AM’s standard fee schedule,
the first tier assesses a 100-basis point fee on the first $1,000,000. The second tier assesses a
75-basis point fee on the next $2,000,000. And the third tier assesses a 50-basis point fee on
the balance, in this example $4,000,000. In this example, the account balance is $7,000,000
and the weighted average basis point fee is 64.29 basis points.

For fees billed in the first and final quarterly periods, AM will prorate the fee based on the
number of days in the quarter that the relationship was under AM’s management from the
date of initial funding through the date of termination.

Because Client’s fees will be withdrawn directly from Client’s account(s), AM must:

(A) Receive written authorization from the Client to deduct advisory fees from the
account(s) held by a qualified custodian, which Client authorizes by initialing the
Investment Advisory Contract.

(B) Send the qualified custodian written notice of the amount of the fee to be deducted from
the Client’s account(s).

(C) Make available, upon Client request, to the Client, written documentation itemizing the
fee and the amount of assets under management on which the fee was based.

             Hourly Fees
      Depending upon the complexity of the situation and the needs of the client, the
      hourly fee for financial planning only services is $500. The minimum fee for
      financial planning is $5,000. The fees are negotiable, and the final fee schedule
      will be attached as an Exhibit in the Financial Planning Agreement. Negotiation
      factors include size of relationship, association with other relationships,
      complexity, number of accounts, detail of planning, level of service, family
...

Item 7: Types of Clients
AM generally provides investment advice to the following Types of Clients:

               Individuals
               High-Net-Worth Individuals
               Pension, Profit Sharing and other Qualified Plans, e.g. 401(k)s.
               Trusts, Estates, or Charitable Organizations
               Corporations or Business Entities

               Relationship Size
There is a client relationship minimum, $1,000,000, which AM waives based on the
needs of the client, the complexity of the situation, association with other
relationships, level of service, financial planning needs, family member, or substantial
previous relationship of AM employee.