C & C Financial Services Inc

Item 5   Fees and Compensation
         A. The client can detennine to engage the Registrant to provide discretionary and/or non-
            discretionary investment advisory services on a.fee-only basis.

         B. Clients may elect to have the Registrant's advisory fees deducted from their custodial
            account. Both Registrant's Investment AdvisOI)' Agreement and the custodial/clearing
            agreement may authorize the custodian to debit the account for the amount of the
            Registrant's investment advisory fee and to directly remit that management fee to the
            Registrant in compliance with regulatory procedures. In the limited event that the
            Registrant bills the client directly, payment is due upon receipt of the Registrant's
            invoice. The Registrant shall deduct fees and/or bill clients quarterly in arrears, based
            up on the market value of the assets on the last business day of the previous quarter.

         C. As discussed below, unless the client directs otherwise or an individual client's
            circumstances require, the Registrant shall generally recommend that Charles Schwab
            & Co., Inc. ("Schwab") serve as the broker-dealer/custodian for client investment
            management assets. Broker-dealers such as Schwab charge brokerage commissions
            and/or transaction fees for effecting certain securities transactions (i.e. transaction fees
            are charged for certain no-load mutual funds; commissions are charged for individual
            equity and fixed income securities transactions) . Clients will incur, in addition to
            Registrant's investment management fee, brokerage commissions and/or transaction
            fees, and, relative to all mutual fund and exchange traded fund purchases, charges
            imposed at the fund level (e.g. management fees and other fund expenses). When
            beneficial to the client, individual debt and/or equity transactions may be effected
            through broker-dealers with whom Registrant and/or the client have entered into
            arrangements for prime brokerage clearing services, including effecting certain client
            transactions through Schwab, or other various SEC registered and FINRA member
            broker-dealers (in which event, the client shall incur both the transaction fee charged
            by the executing broker-dealer and a "tradeaway" fee charged by Schwab).

                D. Registrant's annual investment advisory fee shall be pro-rated and paid quarterly, in
                   arrears, based upon the market value of the assets on the last business day of the
                   previous quarter. For the initial quarter of investment management services, the first
                   quarter's fees shall be calculated on a pro rata basis. The Registrant does not generally
                   require an annual minimum fee or asset level for investment advisory services.
                   However, Registrant, in its sole discretion, may charge a lesser investment management
                   fee based upon certain criteria (i.e. anticipated future earning capacity, anticipated
                   future additional assets, dollar amount of assets to be managed, related accounts,
                   account composition, negotiations with client, etc.).

                    The Investment AdvisOI)' Agreement between the Registrant and the client will
                    continue in effect until tenninated by either party by written notice in accordance with
                    the terms of the Investment Advisory Agreement. Upon tennination, the Registrant
                    shall debit the account for the pro-rated portion of the unpaid advanced advisory fee
                    based up on the number of days that services were provided during the billing quarter.

                E. Neither the Registrant, nor its representatives accept compensation from the sale of
                   securities or other investment products.

Item 7          Types of Clients The Registrant's clients shall generally include individuals, tmsts, estates,
                charitable organizations, and corporations. The Registrant does not generally require an
                annual minimum fee or asset level for investment advisory services.