DLK Investment Management

Item 5-Fees and Compensation
Description
    DLK bases its fees on a percentage of assets under management and fixed fees for certain
    accounts not meeting the Firm’s minimum fee of $3,000 per annum.
     The annual fee for Investment Management is based on a percentage of the investable assets
     according to the following schedule:
            1.50% on the first $1,000,000;
            1.00% on the next $5,000,000 (from 5,000,001 to 10,000,000); and
            0.85% on the assets above $10,000,000.

     The annual fee for DLK’s 401(k) consulting services is based on the market value of the
     client’s account at the end of the preceding quarter according to the following schedule:
         0.50% on the first $2,000,000;
         0.30% on the next $3,000,000 (from 2,000,001 to 5,000,000); and
         0.2% on the assets above $5,000,000.

     Fees are negotiable. Additionally, it should be noted that lower fees have been paid under former
     pricing schedules.

Fee Billing
     We normally charge our advisory fees quarterly in advance. In the event that you wish to
     terminate our services, we will refund the unearned portion of our advisory fee to you. You
     will need to contact us in writing and state that you wish to terminate our services. Upon
     receipt of your letter of termination, we will proceed to close out your account and process a
     pro-rata refund of unearned advisory fees.

Financial Planning Services
    The Firm may provide its clients with a range of financial planning services, which may
    include non-investment related matters. The Firm reserves the right to charge an hourly fee
    for such services. The Firm’s financial planning fees range from $250 to $500 per hour
    depending on the level and scope of the services required and the professionals rendering the
    services. Financial planning fees are negotiable, and the Firm may waive all or a portion of
    the financial planning fees. If a client terminates the relationship with the Firm, a refund of
    any fees paid, less time and direct expenses incurred, will be made upon such termination.
    Any unpaid fees will be billed in arrears.

Other Fees
    Custodians may charge transaction fees on purchases or sales of certain mutual funds and
    exchange-traded funds. These transaction costs are usually small and incidental to the
    purchase or sale of a security. The selection of the security is more important than the
    nominal fee that the custodian charges to buy or sell the security.
     DLK, in its sole discretion, may waive its minimum fee and/or charge a lesser investment
     advisory fee based upon certain criteria (e.g., historical relationship, type of assets,
     anticipated future earning capacity, anticipated future additional assets, dollar amounts of
     assets to be managed, related accounts, account composition, negotiations with clients, etc.).

Item 7-Types of Clients
Description
    DLK generally provides investment advice to high-net-worth individuals, trusts, estates,
    charitable organizations, small institutional investors corporate pension and profit-sharing
    plans, individual retirement plans and other entities.
     Client relationships vary in scope and length of service.

Account Minimums
    The minimum account size is $300,000 of assets under management, which equates to an
    annual fee of $4,500.

     DLK has the discretion to waive the account minimum. Accounts of less than $300,000 may
     be set up when the client and the advisor anticipate the client will add additional funds to the
     accounts bringing the total up to the Firm’s stated minimum within a reasonable time period.
     Other exceptions will apply to employees of DLK and their relatives, or relatives of existing
     clients.