Busey Capital Management Inc

Item 5 – Fees and Compensation

In addition to the information provided in Item 4 – Advisory Business, this section provides
additional details regarding our firm’s services along with descriptions of each service’s fees
and compensation arrangements.

By written agreement, fee payments may be assigned by Busey Capital Management to be
made payable to our parent company, Busey Bank.

Fees for Traditional Investment Advisory Service

Busey Capital Management’s fee for Traditional Investment Advisory Services is based upon
a percentage of assets under management. Accounts will be charged an annualized
management fee, assessed quarterly and calculated using the market value at the end of
the prior quarter. Fees are payable quarterly, in arrears, and such fees must be paid
directly by the client within fifteen (15) business days of the end of the quarter. Accounts
opened in mid-quarter will be assessed a pro-rated management fee.

While all advisory fees are negotiable, fees generally do not exceed 1.00% of the assets
under management.

For selected clients, and subject to a specific agreement with the client using the traditional
investment advisory services, the fee arrangement with Busey Capital Management, Inc.
may be partially based on factors that relate to the performance of the investments in the
account. Clients receiving services under this arrangement are charged an agreed annual
fee, not less than .10% of the client's assets under management. Annual fees are divided
and billed quarterly as described above.

In addition to the annual fee based on the value of the client's assets under management,
Busey Capital Management is compensated for its asset management services through a
performance-based fee. Under this arrangement, the client will be charged a fee contingent
upon the performance within the client's account(s). The performance fee will not be
calculated or applicable until the account has generated a Net Excess Return that is in
excess of the annualized return for an agreed benchmark, such as the Barclays Aggregate
Index, for the corresponding three-year period. The fee is calculated by multiplying the Net
Excess Return by the market value of the account and multiplying that total by an agreed
percentage, not less than .20%.

The performance-based fee is payable annually in arrears based on the average of the
account’s market value for the most recent four calendar quarters at the end of the second
quarter.

Busey Capital Management                                                         Disclosure Brochure

A performance fee is a fee representing the asset manager’s compensation for managing an
account. It is based upon a percentage of the net profits of the account being managed, in
this case taking into account the performance of a stated benchmark. This compensation is
typically determined and allocated/paid on an annual basis.

The exact fee and fee arrangements may vary or be different than that described above
based on the complexity of client’s situation, number of accounts managed, total assets
under management and other factors specific to the client. Performance-based fee
arrangements are limited to a small number of clients. We do not actively solicit or
recommend such arrangements.

See Item 6 – Performance-Based Fees and Side-by-Side Management for more details
regarding my performance-based fee arrangements.

Fees are calculated on an incremental basis and are subject to change with 30 days written
notice. Notwithstanding the above, certain clients of Busey Capital Management with pre-
existing relationships may initially be charged fees which are less than those set out above.

Other Fees and Expenses
Brokerage commissions and/or transaction ticket fees charged by broker/dealer will be
billed directly to the client. In addition, all custodial fees and expenses are billed directly to
the client accounts. Neither Busey Capital Management nor its affiliated companies receive
any portion of commissions, account fees and account expenses charged by broker/dealers
and the custodian. To the extent mutual funds are selected to fill components of the overall
investment strategy, the annual advisory fee set forth above does not include the
customary fees and expense associated with investing in mutual funds or other costs of
establishing and maintaining an account with mutual funds including 12b-1 fees and
expenses. Clients are advised that, in addition to the annual advisory fee set forth above,
each mutual fund in which assets are invested will incur separate investment advisory fees
and other expenses for which Client will bear a proportionate share.

Termination of Services
The Investment Advisory Agreement between Busey Capital Management and the client will
continue in effect until terminated by either party by written notice in accordance with the
terms of the Investment Advisory Agreement. Upon termination, the client shall be
responsible for the final month’s fee which shall be pro-rated based upon the number of
days remaining in the billing month. The value of account assets as of the date of
termination will be used to calculate the final fee.

Fees for Busey’s Signature Solutions Program

The total fee charged to clients through Busey’s Signature Solution Program does not
exceed 1.3%. Approximately 85 basis points from that fee is paid to Busey Bank to cover
the services provided by Busey Capital Management, and the services provided by Busey
Investment Services, a division of Busey Bank, as a result of their associates’ consulting

Busey Capital Management                                                           Disclosure Brochure

services (in their separate capacities as investment advisor representatives of Raymond
James Financial Services Advisors, Inc.) provided directly to clients. Fees are collected
quarterly by Raymond James & Associates, as the Outside Money Manager Program (“OSM”)
sponsor.

Termination of Services
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Item 7 – Types of Clients

Busey Capital Management generally provides investment advice to the following types of
clients:

    •   Individuals
    •   High-Net Worth Individuals
    •   Trusts, estates, or charitable organizations
    •   Corporations or business entities other than those listed above

Busey Capital Management                                                     Disclosure Brochure

All clients are required to execute an agreement for services in order to establish a client
arrangement with Busey Capital Management.

Minimum Investment Amounts Required

Traditional Investment Advisory Services: We generally require a minimum account
size of $500,000 for Traditional Investment Advisory Services with an initial minimum
investment of $500,000. Account size requirements may be waived under certain
circumstances.

Busey’s Signature Solution Services: We generally require a minimum value of assets
of $125,000 for individuals. The minimum initial investment required is also $125,000.
Minimum account sizes may be waived under certain circumstances.