Burrus Financial Services Inc

Item 5. Fees and Compensation
 Description
  Burrus Financial bases its fees on a percentage of assets under management. Burrus
  Financial does not charge a separate fee for financial planning or consultations. Burrus
  Financial does not offer or sponsor any wrap fee programs. Compensation to us for our
  services is calculated in accordance with each client’s Investment Advisory Agreement.
  Fees may be paid directly from the account by the custodian. Clients will receive
  statements from the custodian showing all debits and credits to accounts including the
  amount of fees. Payment of fees may result in the liquidation of the Client’s securities if
  there is insufficient cash in the account.

  Our fees are negotiated on a case-by-case basis while considering. pre-existing
  relationships, family relationship, or other factors in our sole discretion.
  Although the Investment Advisory Agreement is an ongoing agreement and constant
  adjustments are required, the length of service to the client is at the client’s discretion.
  The portfolio value at the completion of the prior full billing quarter is used as the basis for
  the fee computation, adjusted for the number of days during the billing quarter prior to
  termination.
 Fee Billing
  Investment management fees are billed and payable quarterly in advance based on the
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Burrus Financial Services, Inc.

  value of your account on the last business day of the previous quarter. Fees are usually
  deducted from a designated client account to facilitate billing.

                                         Annualized Fees

                                    To                           Per Quarter        Per Year
              From
                               $1,000,000                        .34%               1.35%

                               $3,000,000                        .25%               1.00%
              $1,000,001
                               $5,000,000                        .19%               0.75%
              $3,000,001
                                and higher                       Negotiable
              $5,000,001

  We combine the account values of family members living in the same household to
  determine the applicable advisory fee. For example, we combine account values for you
  and your minor children, joint accounts with your spouse, and other types of related
  accounts. Combining account values can increase the asset total, which may result in your
  paying a reduced advisory fee based on the available tiers in our fee schedule stated
  above.

  If the Investment Advisory Agreement is executed at any time other than the first day of a
  calendar quarter, our fees will apply on a pro rata basis, which means that the advisory fee
  is payable in proportion to the number of days in the quarter for which you are a client.
Other Fees/Expense Ratios
  Custodians charge transaction, and/or other incidental fees, on purchases or sales of certain
  mutual funds and exchange-traded funds. These transaction charges are nominal.
  All fees paid to Burrus Financial for investment advisory services are separate and
  distinct from the fees and expenses charged by mutual funds and/or ETFs to their
  shareholders. Mutual funds generally charge a management fee for their services as
  investment managers. These fees and expenses are described in each fund’s prospectus.

  Burrus Financial will select and recommend the lowest cost share class available for a client.

  Accordingly, the client should review both the fees charged by the funds and our fees to
  fully understand the total amount of fees to be paid by the client and to thereby evaluate
  the advisory services provided.

Past Due Accounts and Termination of Agreement
  Burrus Financial reserves the right to stop work on any account that is more than 30 days
  overdue. In addition, Burrus Financial reserves the right to terminate any financial
  planning engagement where a client has willfully concealed or has refused to provide
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Burrus Financial Services, Inc.

  pertinent information about financial situations when necessary and appropriate, in Burrus
  Financial’s judgment, to providing proper financial advice. Any unused portion of fees
  collected in advance will be refunded.

  The initial term of this Agreement shall extend from the date the Investment Advisory
  Agreement is signed through the end of the Client’s first billing period and shall
  thereafter automatically be extended for additional three-month terms. Either party may
  terminate the Investment Advisory Agreement by providing the other party with thirty
  (30) days written notice. Upon termination fees will be prorated to the date of termination
  and the unearned portion of the fee will be refunded to the client.
  If the Client is an individual person, this Agreement shall terminate upon receipt by the
  Adviser of written notice of the death or mental disability of the Client. Termination of
  the Agreement shall not, in any case, affect or preclude the consummation of any prior
  transaction.

Advisory Fees in General
  Clients should note that similar advisory services may be available from other registered
  investment advisers for similar or lower fees.

Item 7. Types of Clients
Description
  Burrus Financial generally provides investment advice to individuals, high net worth
  individuals,
  corporations, or other small businesses. Client relationships vary in scope and length of
  service.
Account Minimums
  Burrus Financial does not have a minimum account size requirement. However, Burrus
  Financial retains the right to terminate an account if it falls below a minimum size which, in
  our sole opinion, is too small to manage effectively.