Campion Asset Management LLC

Item 5 Fees and Compensation
Item 5(a) Description and Calculation of Fees
Campion Asset Management calculates investment management fee compensation based upon a
percentage of assets under management. The compensation method is explained and agreed upon
with the clients in advance, before any services are provided.

Investment management fees begin with the effective date of the Investment Management Agreement,
which is the date the client signs the Investment Advisory Agreement. For that calendar quarter, fees
are adjusted pro rata based upon the number of calendar days in the calendar quarter that the
Investment Management Agreement was effective.

Fees for Campion Asset Management's investment management services, which include developing
and implementing investment policy and asset allocation, monitoring and rebalancing a client's
investment portfolio, providing quarterly investment performance, and conducting periodic meetings
with clients, is as follows:

Assets under Management                         Annual Fee*
First $2,000,000                                   1.00%
$2,000,001- $5,000,000                             0.85%
$5,000,001- $10,00,000                             0.60%
Over $10,000,000                                   0.40%

In some circumstances, investment management fees are negotiable depending on the size and
nature of the investment management relationship. Fees may be negotiated for clients where
specialized investment services are needed or for family members of employees of the Advisor.
Campion Asset Management reserves the right to adjust the fee schedule for account relationships
depending on the size and type of account and the services required.

In some cases, negotiation of fees may result in different fees being charged for similar services and
may be less than the stated fees.

Campion Asset Management also provides investment consulting services on an hourly fee basis.
Upon request, Campion Asset Management will evaluate existing investment policy, investment
portfolios, investment strategies and/or the performance of other investment managers. The fee for
investment consulting services is $500 per hour.

Before starting the requested consulting services, Campion Asset Management will outline the scope
of the requested consulting services and the estimated time in hours and dollar cost of completing
these services. The client requesting the consulting services will approve the scope of requested
consulting services and agree to pay the estimated cost of completing these services.

Under no circumstances does Campion Asset Management require prepayment of more than $1,200
in fees per client and six months or more in advance.

Item 5(b) Payment of Fees
We will instruct the qualified custodian holding your funds and securities to deduct our fee directly from
your account. We will only instruct the custodian when you have provided our firm written authorization
permitting the fees to be paid directly from your account. Further, the qualified custodian will deliver an
account statement to you at least quarterly. These account statements will show all disbursements
from your account, and we encourage you to review all statements for accuracy.

Fees are paid quarterly in advance. Quarterly fees are equal to one fourth of the annual fee and are
based on a percentage of the client's assets under management on the last business day of the
previous calendar quarter. Fees may also be billed to the client upon request provided that the client
agrees to pay outstanding fees within 14 days of the start of the quarter. Multiple accounts for the
same client may be combined for purposes of calculating the fee.

Item 5(c) Additional Fees and Expenses
Clients may pay additional fees and incur expenses in connection with services provided by Campion
Asset Management, including custodian fees, transactions costs, brokerage fees, and mutual fund/ETF
fees. No portion of these fees is paid to or rebated back to Campion Asset Management.

Item 5(d) Pro-Rated Refund of Fees
Investment management agreements may be terminated, without penalty, upon at least 30 days
written notice by either party. Transactions in progress will be completed in the normal course of
business. Upon termination, the Client shall receive a pro-rata refund of that portion of any prepaid
advisory fees, if any, that have yet to be earned by the Advisor. Such refund will be calculated from
the date of receipt of the written termination notice or other agreed upon date.

New clients may cancel their investment management without penalty within the first five days after the
signing of the Agreement.

Item 5(e) Additional Compensation Arrangements
Under no circumstances does any principal, employee, or supervised person accept compensation for
the sale of securities or other financial products, including asset-based sales charges or service fees
from the sale of mutual funds. Campion Asset Management recognizes the lack of independence,
objectivity, and inherent conflicts of interests that exist from recommending investment products for
which compensation is paid. Therefore, Campion refuses to accept any compensation associated with
the sale of investment products.

Item 7 Types of Clients
Campion Asset Management provides investment management and consulting services on behalf of
individuals and tax-exempt organizations.

Investment management services for individuals may include the following types of accounts:

     Taxable accounts
     Tax-deferred accounts such as IRAs, Roth IRAs, and SEP IRAs
     Revocable and irrevocable trusts where the client(s) may be a trustee, the grantor and/or
      income beneficiary
     Family limited partnerships

Campion Asset Management does not provide investment management and consulting services to
individuals that are not citizens or legal residents of the United States of America or for which the
original source of funds cannot be adequately verified.

Investment management services for tax-exempt organizations may include the following types of
organizations and accounts:

       Endowments both restricted and unrestricted
       Foundations both public and private
       501(c)3 organizations
       Pension plans

The minimum account size for investment management relationships is $1.0 million although Campion
Asset Management reserves the right to accept accounts that are less than $1.0 million as part of an
existing investment management relationship, accounts that are expected to exceed $1.0 million within
a reasonable period of time or family accounts.