Eagle Harbor Asset Management Inc

Item 5 – Fees and Compensation
Fees are generally payable quarterly, in advance. If management begins after the start of a
quarter, fees will be prorated accordingly. The Management Agreement may be terminated
by either party upon written notice. In the event of termination, any paid but unearned
fees will be promptly refunded to the client, and any fees due to EAGLE from the Client are
expected to be promptly paid. All fees paid to EAGLE or other service providers for
investment advisory services are separate and distinct from the fees and expenses charged
by mutual funds and exchange tradable funds (ETF’s), as described in each fund’s
prospectus to their shareholders. Mutual fund and ETF fees will generally include a
management fee and other expenses. Mutual funds may also impose a sales charge, a client
could pay an initial or deferred sales charge. Fees are exclusive of all custodial and
transaction costs. The client should review all fees charged by EAGLE, mutual funds, ETF’s,
account custodians and others to fully understand the total amount of fees to be paid.

In all instances we will send the client a written notice, including the fee, the formula used
to calculate the fee, the fee calculation itself, the time period covered by the fee, and the
amount of assets under management on which the fee was based and the name of the
custodian on the invoice. We will send these to a client concurrent with the request for
payment or payment of our advisory fees. We urge the client to compare this information

with the fees listed in the account statement. Clients may cancel the contract within 5
business days without penalty or fee. These services provided by EAGLE are billed on a
percentage basis determined by the following annual fee schedule:

First $2,000,000                  1.00%

Next $1,000,000                   0.75%

Balance over $3,000,000           0.50%

The minimum portfolio size is $500,000, and the minimum annual fee is $5,000. Portfolio
size minimums and fees may be negotiable if grouped with other related accounts or will
have the potential for future additions or contributions.

Item 7 – Types of Clients
EAGLE provides portfolio management services to individuals, high net worth individuals,
and trusts. The minimum portfolio size is generally $500,000.