Dorian Eason Asset Management LLC

Fees and Compensation

Dorian Eason Asset Management provides investment advisory services to each individual and institutional
client on an individualized basis, according to each client’s risk profile, return expectations, investment time
horizon, tax considerations, liquidity needs, and any unique legal, regulatory, or other considerations which
might affect the decision-making process for the client.

Investment Advisory Fees are payable by the client quarterly, in arrears. Clients typically provide instructions to
their custodian to allow our fees to be deducted directly from their investment accounts. In some cases, fees may
be billed directly to the client for payment. Fees are collected based on the following fee schedule:

                Asset Size                               Annual Fee Rate

                $100,000 - $1,000,000                    1.00% of Assets
                $1,000,000 - $10,000,000                 0.90% of Assets
                $10,000,000 & Above                      0.75% of Assets

Fees may be negotiated based on services to be provided and the nature and needs of the client. Fee
arrangements are stipulated in each client’s investment advisory agreement.

Dorian Eason Asset Management also provides specific Fixed Income Portfolio Management services to
individual and institutional clients based on a specific fixed income management fee schedule, as follows:

                Asset Size                               Annual Fee Rate

                $1,000,000 - $25,000,000                 0.50% of Assets
                $25,000,000 & Above                      0.35% of Assets

To the extent that client assets include the use of mutual funds (including money market funds), exchange traded
funds, or closed end funds, each of these security types include their own built-in fees and expenses which are
borne by the clients, in addition to the fees paid to our firm. Dorian Eason Asset Management evaluates and
monitors the expense ratios of all of the funds we use in clients’ accounts.

When client assets are invested in individual securities, including individual stocks and bonds, clients will incur
brokerage execution expenses for such trades. Most mutual fund investments for our clients are made on a “no-
transaction-fee” basis, but there are some funds which require a transaction fee. We do not invest in mutual funds
which charge a sales load for their purchase or sale, but if a client delivers this type of fund to an account for our
management, the client could incur a sales load at the time the fund is sold. All brokerage commissions and
transaction expenses are paid to the brokerage firms involved in the trades. Please see the discussion of
Brokerage Practices on page 13 of this brochure for further discussion of brokerage fees.

Client custodians may implement service charges, account minimums, and other miscellaneous charges based
upon their service agreements with our clients.

Dorian Eason Asset Management does not receive any cash compensation from brokerage firms, mutual fund
sponsors, or providers of custodial services, regardless of the types of securities in any individual client account.
All of our compensation is derived from the investment advisory fees described above.

                                                                        Dorian Eason Asset Management, LLC

Types of Clients
Dorian Eason Asset Management works with a variety of clients. The majority of our client relationships are
with individuals. These individuals have taken many paths to accumulate the wealth they have entrusted to our
firm. Some clients have sold a privately-held business after a long career. Others have retired from active
participation in the workforce after diligently saving and investing through their employers’ retirement plans;
these clients have placed their IRA Rollover accounts under our management to help them through their
retirement years. Still other IRA Rollover clients have simply moved from one position to another and found it
beneficial to roll over and consolidate their retirement accounts with Dorian Eason Asset Management while
they continue to work and save in their new employers’ plans. Many individual clients also use our services to
help them accumulate wealth the old-fashioned way: through active, intentional saving and investing. We also
help clients who are facing loss in their lives, usually after the death of a parent or a spouse. Dealing with
inherited assets and life insurance proceeds can be a stressful and intimidating process, and we are glad to be
able to help these clients through difficult times. A number of our individual clients have chosen to establish, or
have been designated as beneficiaries or trustees of, different types of trusts. Our extensive experience in the
Trust Divisions of First Tennessee and Union Planters (Regions) banks provides our clients with the knowledge
we have addressed many of their trust issues before, and we are ready to put that knowledge and experience to
work for all of our clients.

Dorian Eason Asset Management and its principals also have an extensive history of providing services to
qualified retirement plans, including 401(k) plans, traditional profit-sharing plans, and cash balance pension
plans. These tax-advantaged vehicles are typically managed for larger employers, including private businesses
and public employers. We also, however, manage retirement plans for smaller employers, including sole
practitioners and partnerships. In the world of retirement plans, we work with many types of clients, from the
Individual 401(k) Plan sponsor, to the small group Retirement Plan, to the small business with a 401(k) Plan.

At Dorian Eason Asset Management, we also have extensive experience working with endowments and
foundations, and with corporations needing assistance with their cash management needs. If there is a need
which can be addressed by an investment adviser, we believe we have a potential solution available. Our depth
of experience and our fiduciary background gives us a unique viewpoint from which to be of service to existing
and potential clients.

                                                                         Dorian Eason Asset Management, LLC

                           Overview of Our Approach
Every investor has a different set of priorities, needs, and objectives. At Dorian Eason Asset Management, we
are dedicated to providing each client the individualized attention and focus required to construct and manage a
portfolio of investment securities to fit that client's profile. We feel a strong sense of personal responsibility
toward investors who have entrusted us with their assets. We realize, as should our clients and prospective
clients, that there are varying degrees of risk of losses associated with investing in all types of securities.
Investing for the long-term means being prepared to accept and adapt to losses when they occur, and to take
advantage of those market conditions which will lead to achieving the desired long-term gains. As dedicated
professionals with a broad range of experience and expertise, we are committed to fulfilling the needs and
objectives of our clients, while focusing on managing risk through securities research, portfolio construction, and
diversification.

Dorian Eason Asset Management has managed mutual funds, common and collective trust funds, fixed income
portfolios, equity portfolios, cash management portfolios, and asset allocation portfolios. This complete range of
investment management services is available to our clients based on each client’s needs. We work with our
clients to find the best combination of services to fit their particular needs and objectives. In general, our services
fall into three categories:

Equity Management
Our equity management style is designed to maximize capital gains, over time, for our clients. We perform in-
depth research to identify reasonably-priced growth opportunities that have exceptional underlying potential or
have been overlooked in the marketplace. We are prepared to place significant portions of portfolio assets in
those investments where we have a high degree of confidence, in the belief that our best ideas should be
represented as the largest allocations within our portfolios. We incorporate mutual funds into most equity
portfolios, to take advantage of the insights and resources of domestic and global money managers.

Fixed Income Management
Our fixed income management approach is best described as a desire to achieve a balance between wealth
accumulation and capital preservation. We strive to find the optimum level of risk and return which will achieve
our clients' objectives and generate consistent, positive returns. We manage short-term, intermediate-term, and
long-term bond portfolios, including cash and reserve management accounts. Our objective is to create
portfolios to manage and control risk, while achieving above-market rates of return. We put our skills to work in
both the taxable and tax-free fixed income markets, focusing our efforts on government and investment grade
securities.

Asset Allocation Management
The asset allocation philosophy followed by Dorian Eason Asset Management gives us the opportunity to help
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