Chronos Wealth Management LLC

Item 5: Fees and Compensation

A. Fee Schedule

Portfolio Management Fees

        Total Assets Under Management          Annual Fees
        $0 - $250,000                          1.50%

        $250.001 - $400,000                    1.40%

        $400,001 - $550,000                    1.25%

        $550,001 - $750,000                    1.15%

        $750,001 - $3,500,000                  1.00%

        $3,500,001 - $5,000,000                0.85%

        $5,000,001 - $7,500,000                0.75%

        $7,500,001+                            0.65%

The advisory fee is calculated using the value of the assets in the Account on the last business day
of the prior billing period.

These fees are generally negotiable, and the final fee schedule will be memorialized in the client’s
advisory agreement. Clients may terminate the agreement without penalty for a full refund of
CWM's fees within five business days of signing the Investment Advisory Contract. Thereafter,
clients may terminate the Investment Advisory Contract immediately upon written notice.

Financial Planning Fees
Financial planning is provided as a part of the firm’s investment advisory services and not as a
stand-alone service for a fee.

Selection of Other Advisers Fees
CWM may direct clients to third-party investment advisers. CWM will be compensated via a fee
share from the advisers to whom it directs those clients. The fees shared are negotiable and will
not exceed any limit imposed by any regulatory agency. The notice of termination requirement
and payment of fees for third-party investment advisers will depend on the specific third-party
adviser selected. The total fee for a third-party investment will not exceed 1.0% and is non-
negotiable. The advisory fee is calculated using the value of the assets in the Account on the last
business day of the prior billing period. The fee breakdown is 0.60% to the manager and 0.40%
to Chronos Wealth Management (0.60%+0.40%=1.0% total fee).

       B. Payment of Fees

       Payment of Portfolio Management Fees
       Asset-based portfolio management fees are withdrawn directly from the client's accounts with
       the client's written authorization on a quarterly basis. Fees are paid in advance.

       Payment of Selection of Other Advisers' Fees
       Fees are paid quarterly in advance.

       Other Advisers' Fees are withdrawn by selected third-party managers directly from client
       accounts. CWM then receives its portion of the fees from selected third-party managers; CWM
       does not directly deduct the advisory fees.

       C. Client Responsibility for Third-Party Fees

       Clients are responsible for the payment of all third-party fees (i.e., custodian fees, brokerage fees,
       mutual fund fees, transaction fees, etc.). Those fees are separate and distinct from the fees and
       expenses charged by CWM. Please see Item 12 of this brochure regarding broker-
       dealer/custodian.

       D. Prepayment of Fees

       CWM collects fees in advance. Refunds for fees paid in advance but not yet earned will be
       refunded on a prorated basis and returned within twenty-one days to the client via check or
       return deposit back into the client’s account.

       For all asset-based fees paid in advance, the fee refunded will be equal to the balance of the fees
       collected in advance minus the daily rate* times the number of days elapsed in the billing period
       up to and including the day of termination. (*The daily rate is calculated by dividing the annual
       asset-based fee rate by 365.)

       E. Outside Compensation for the Sale of Securities to Clients

       Neither CWM nor its supervised persons accept any compensation for the sale of investment
       products, including asset-based sales charges or service fees from the sale of mutual funds.

Item 7: Types of Clients

CWM generally provides advisory services to the following types of clients:

       ❖      Individuals
       ❖      High-Net-Worth Individuals
       ❖      Pension and Profit-Sharing Plans
       ❖      Corporations or Business Entities

There is no account minimum for any of CWM’s services.