Blank Equity Management LLC

Item 5 Fees and Compensation
A. and B. Fees and Payment of Fees -

    Consulting Services Fee

Fees may be charged for Consulting services on a fixed fee per project basis, or on an hourly fee
basis. The hourly rate is $200. The hourly rate may be negotiated.

Fees are determined by each Representative by estimating the complexity of the client's
circumstances, the level of skill required to perform the service, and the amount of time that will be
required to perform research, analysis, and plan preparation. The exact fee is disclosed to the client
prior to contract signing.

One-half of the fee is payable upon commencement of services with the balance due upon delivery of
the written plan or completion of counseling services. Payment arrangements are established in the
services agreement. The fee may be waived in whole or in part by a Representative or BEM at their
sole discretion. Consulting Services may be terminated upon ten (10) days advance written notice by
either party to the other. Any prepaid unearned fee will be refunded to the client. Any fee due will be
prorated to the date of termination.
The fees described above may change based on special situations such as an expansion of a project,
increase in the number of reviews, more specialized needs of the client, more complex planning, or
more detailed reporting. Before such a change is made, the client is given 10 day prior written notice
and agrees to such changes by signing a new services agreement, or an amendment thereto.

Fees do not include product transaction commissions, or the fees for third-party professional services,
e.g., attorneys, accountants, or other third parties.

    Investment Management Services Fee

Fees for Investment Management Services are calculated as a percentage of the total value of
investments under BEM's management as set forth below. In addition to this advisory fee, there will be
transactional, administrative, servicing fees and commissions charged by the account custodian.
                            Market Value of Account               Annual Rate
                                  $0 - $1,000,000                   1.25%
                                 Over $1,000,000                    1.00%

Fees are negotiable. All fees due are set forth in each client's services agreement.

Advisory fees are payable quarterly in advance and are calculated on the basis of the market value of
the investments in the account including any balances held in money market funds. The initial fee is
based on the value of the assets in the account as of the effective date of the agreement. For any
partial calendar quarter the management fee is prorated based on the number of days the account was
open during the quarter. The fee applicable to assets deposited into an account which exceed $20,000
are prorated from the date of deposit. There is no adjustment to the fee when assets are withdrawn.

The fees paid to BEM are for advisory services only. BEM will cover the costs of independent third
party manager services within its fee only in those instances where the client has not entered into an
agreement directly with the manager. Commissions and other account fees will also be charged in
accordance with the account's brokerage firm's normal commission schedule.

Fees payable to BEM, with client's prior permission, are deducted from the client's account when due
and reports from the account's custodian show the fee debits. BEM will liquidate money market share
to pay the fee and, if money market shares or cash value are not available, other investments will be
liquidated. Authorization for the deduction of fees this way is contained in the services agreement. The
client's periodic account statements from the custodian disclose all amounts disbursed from the
account, including advisory and services fees paid. The client may terminate the authorization for
automatic deduction of advisory fees payable to BEM at any time by notifying BEM in writing.
BEM has the right to modify its fee schedule upon 30 days advance written notice to the client.

Investment Management Services may be terminated upon at will upon thirty (30) days advance
written notice by either party to the other. Any prepaid unearned fee will be refunded to the client.

    Retirement Plan Consulting Service Fees

Fees for Retirement Plan Consulting Services are negotiable and calculated as a percentage of the
total value of plan assets at a rate ranging from, 0.4% to 1.0% of plan assets under advisement. In
addition to this advisory fee, there may, depending upon the type of security, be transactional and
commissions charged by the account's custodian. Administrative and servicing fees will also be
charged.

All fees due shall be payable calendar-quarterly, before services are provided in accordance with the
fee schedule noted above. The advisory fee may be paid directly by the plan or by the plan
administrator as determined in the advisory agreement. Fees applicable to services provided at
inception and upon termination shall be prorated for the amount of time services are provided during
the first and last quarter. The client will grant authority to the retirement plan record-keeper (or other
custodian of retirement plan assets) to remit the fees directly to BEM from retirement plan assets;
however, the client may choose to pay the fees directly to BEM.

C. Additional Fees -

Fees paid to BEM are for BEM advisory services only. The fees do not include, for example, the fees
charged by third parties such as third-party managers, or accountants and attorneys assisting with
providing the client with accounting and legal advice. Commissions on transactions and other account
fees will also be charged by brokerage firms in accordance with the account's brokerage firm's normal
commission schedule. See Item 12, Brokerage Practices. Customary commissions on insurance are
also not included.
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Item 7 Types of Clients/Minimum Account Size
BEM makes its advisory services available to a wide variety of clients including but not limited to,
individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, corporations,
and other business entities.

Although BEM does not generally impose any conditions for providing its services, BEM
Representatives may negotiate a minimum fee for all services.