Byrne Asset Management LLC

Item 5 - Fees and Compensation

    We charge up to 1.1% (one and one-tenth percent) of the market value of assets under management on equity
    accounts, up to 0.5% of assets under management on fixed income accounts, and a blended rate on balanced
    accounts. Fees are reduced on a sliding scale with respect to account balances in excess of $5 million and may
    be negotiated or reduced in other circumstances. Clients may be billed at less than the contractual amount in
    some circumstances. Fees are deducted quarterly (in arrears) from assets under management on a pro-rata basis
    based upon the fair market value at the close of each quarter. Although brokerage fees are largely gone,
    clients may occasionally incur modest fees and other transaction charges and will often incur management fees on
    no-load mutual funds, exchange-traded funds, and cash balances that are sometimes held for defensive
    purposes or while awaiting better investment opportunities.

BYRNE ASSET MANAGEMENT, LLC

    Clients generally elect to have the firm's advisory fees deducted from their custodial account. Both the firm's
    Investment Advisory Agreement and the custodial/clearing agreement may authorize the custodian to debit the
    account in the amount of the firm's investment advisory fee and to directly remit that management fee to the firm
    in compliance with regulatory procedures. In the limited event that the firm bills the client directly, payment is
    due upon receipt of the firm's invoice.

    Unless the client directs otherwise or an individual client's circumstances require, the firm shall generally
    recommend that Charles Schwab & Co serve as the broker-dealer/custodian for client investment management
    assets. Although it is more and more rare, broker-dealers such as Schwab may charge brokerage commissions
    and/or transaction fees for affecting certain securities transactions.

Item 7 – Types of Clients

    The firm has a variety of clients ranging from individuals with widely varying risk tolerances and profiles to profit
    sharing plans, family offices, endowments, and small institutions. Our business has expanded to include strategic
    and asset allocation advice to larger institutions with investible assets of over $1 billion.