Donald L Hagan LLC

Item 5 Fees and Compensation
Portfolio Management Services
The annual fee for portfolio management services is billed quarterly in advance based on the value of
assets on the last day of the previous quarter. Fees will be assessed pro rata in the event the portfolio
management agreement is executed at any time other than the first day of a calendar quarter. Our fee
is based on a percentage of your assets under management and is negotiable. The annualized fee for
portfolio management services ranges from 0.25% to 1.25% of assets under management and is
based on the size, asset composition and complexity of your account as well as whether we use a sub-
adviser. In recognition of the fact that we share our fee with sub-advisers when they are utilized, you
will generally pay a higher fee when we use a sub-adviser. The fees and terms will be clearly set forth
in the executed agreement for services.

Payment of our management fees will be made by the qualified custodian holding your funds and
securities provided that you supply written authorization permitting the fees to be paid directly from
your account. Our firm will not have access to your funds for payment of fees without your written
consent. Further, the qualified custodian agrees to deliver a monthly (or at least a quarterly) account
statement directly to you, showing all disbursements from your account. You are encouraged to review
all account statements for accuracy. Our firm will receive an electronic duplicate copy of the statement
that was delivered to you by your custodian.

Either party may terminate the portfolio management agreement by providing written or verbal notice to
the other party.

The fees charged are calculated as described above, and are not charged on the basis of a share of
capital gains upon, or capital appreciation of, the funds, or any portion of the funds of an advisory client
(15 U.S.C. §80b-5(a)(1)).

Financial Planning/Consulting Services
For those clients wishing to engage us for financial planning services, fees will be based on the
negotiable schedules set forth below and as agreed upon between the you and our firm.

    • Fixed Fees: The fee for financial planning or consulting services ranges between $250.00 and
      $8,000.00 depending on the scope and complexity of the services requested. Fees are due and
      payable upon completion of the contracted service. Under no circumstances will we require

       prepayment of a fee more than six months in advance and in excess of $1,200.00.

Factors that are considered when determining the cost of planning or consulting services, include but
are not limited to:

            1. the scope of the plan/consulting service. (For example, covering multiple aspects of your
               financial situation such as business succession, estate planning, retirement needs,
               education planning, and successor trusts, among others, may warrant a higher fee than
               a more simplistic plan or consultations that only covers a specific aspect of your financial
               needs).
            2. the complexity of your financial situation. (For example, trusts, estates, business
               ownership, tax brackets and other personal needs may warrant a higher fee).

    • Hourly Fees: For those clients who request specific or very limited consulting related services,
      our fees start at $250 an hour and increase depending on the complexity of your financial
      situation. These fees are calculated and payable at the completion of each session. Specific
      consulting services may be in the form of general advice given on retirement needs or
      education planning, among others. In these cases you would not be charged for a written
      financial plan, but instead will only be billed for hourly consultation with an Associated Person of
      our firm. The hours required for these services will vary from client to client. In limited
      circumstances, the time/cost could potentially exceed the initial estimate. In such cases, we will
      notify you and we may request that you pay us an additional fee.

After a consultation has been conducted, the fee will not be refundable. We may, in our sole discretion,
waive some or all of the financial planning fees if you choose to engage our firm for asset management
services.

Either party may terminate the agreement by providing written or verbal notice to the other party. If you
request termination verbally, we will send you a letter of confirmation evidencing the effective
termination date of the planning process. Upon such termination, we will refund any unearned fees to
you.

Selection of Third Party Advisers
Our firm may share in the fee paid by you to the MM. If you are referred to a MM, you will receive full
disclosure including services rendered and fee schedules at the time of the referral by delivery of a
copy of the relevant MM's Form ADV Part 2 or equivalent disclosure document. In addition, if the
investment program recommended to you is a wrap fee program, you will also receive an Appendix 1
or equivalent wrap fee brochure provided by the sponsor of the program. Our firm or the MM will
provide to you all appropriate disclosure statements, including disclosure of solicitation fees paid to us
and our Associated Persons.

Fees paid by you to the MM are established and payable in accordance with the Form ADV Part 2 or
other equivalent disclosure document provided by each MM to whom you are referred and these fees
may or may not be negotiable. Such compensation may differ depending upon the individual
agreement our firm has with each MM. As such, a conflict of interest may arise where our firm or its
Associated persons may have an incentive to recommend one MM over another MM with whom it has
more favorable compensation arrangements or other advisory programs offered by MMs with which it
has less or no compensation arrangements.
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Item 7 Types of Clients
We offer investment advisory services to individuals, investment companies, pension and profit sharing
plans, trusts, estates, charitable organizations, corporations, and other business entities.

In general, we require a minimum of $500,000.00 to open and maintain an advisory account. At our
discretion, we may waive this minimum account size. For example, we may waive the minimum if you

appear to have significant potential for increasing your assets under our management. We may also
combine account values for you and your minor children, joint accounts with your spouse, and other
types of related accounts to meet the stated minimum.