Bergamot Asset Management LLC

Item 5 – Fees and Compensation
Bergamot's only source of revenue is its investment advisory fees. Fees are assessed
on the basis of assets under management and paid in arrears at rates specified in
each client's contract. Management fees will be based on different rates dependent
on the amount of assets under management for each client and product. Generally,
small-cap and international products will garner higher fees (50-to-100 basis points) as
compared to large-cap domestic equity (30-to-50 basis points). We anticipate the mix
of assets to trend towards higher fee products over time.     The following fee schedules
sets forth customary annual rates a new client would expect to be charged by
Bergamot:

                                 US Large Cap Portfolio
                      Assets Under Management               Fee
                     First $100 Million               0.50%
                     Next $300 Million                0.40%
                     $300 Million and above           0.30%

                                 US Small Cap Portfolio
                      Assets Under Management             Fee
                     First $100 Million              0.80%
                     Next $300 Million               0.60%
                     $300 Million and above          0.50%

                             International Large Cap Portfolio
                      Assets Under Management             Fee
                     First $25 Million               1.00%
                     Next $75 Million                0.75%
                     $100 Million and above          0.60%

Bergamot reserves the right to negotiate management fees.

Fees are billed quarterly.   Clients may choose to have fees deducted directly from
their respective accounts.

Bergamot’s fees are exclusive of brokerage commissions, transaction fees, and other
related costs and expenses which shall be incurred by the client. Mutual funds and
exchange traded funds also charge internal management fees, which are disclosed in
a fund’s prospectus. Such charges, fees and commissions are exclusive of, and in
addition to, Bergamot’s fee, and Bergamot shall not receive any portion of these
commissions, fees, and costs.    Clients whose assets are invested in money market
funds where a management fee is assessed as an expense are in effect paying two
advisory fees. For example, clients with a portion of their assets invested in a money
market fund will pay an investment management fee to Bergamot based on total
amount of assets under management (including the money market fund investments)
and in addition pay an investment management fee to the money market fund
manager.

Item 12 further describes the factors that Bergamot considers in selecting or
recommending broker-dealers for client transactions and determining the
reasonableness of their compensation (e.g., commissions).

The client or Bergamot may terminate the investment adviser agreement after notice to
the other party of its intention to do so. Upon termination, all accounts under
Bergamot's supervision shall be returned to the client less any amount due and owing
for fees. Such amounts for fees shall be prorated on a quarterly basis.

Bergamot does not accept or receive compensation for the sale of securities or other
investment products, including asset-based sales charges or service fees from the sale
of mutual funds.

Item 7 – Types of Clients
Generally, Bergamot provides investment advisory services to:
    •      Corporate Clients
    •      Public Funds
    •      Pension Funds
    •      Endowment/Foundations
    •      Fund of Funds
    •      Sovereign Wealth Funds

The minimum account size for equity management adviser services is $5 million.