Entasis Asset Management LLC

Item 5: Fees and Compensation

Wealth Management & Tax Planning Services

Entasis' fee for our Wealth Management and Tax Planning services will be charged as a percentage of
"household" assets under management with us, according to the following schedule:

Household Assets
Under Management                                    Annual Fee Rate

$0 to $1,000,000                                    1.15%
Over $1,000,000                                     0.90%

For purposes of the fee calculation, "household" assets mean the investment accounts managed by Entasis
for a client and client's spouse, partner, minor children and/or disabled adult children. The minimum annual
fee to establish a Wealth Management and Tax Planning relationship is $1,500. Entasis generally
recommends a $250,000 household minimum to open and maintain a Wealth Management & Tax Planning
relationship. Relationships with less than $250,000 may be established, but will utilize a more limited
investment lineup.

Although Entasis has established the above fee schedule, we may negotiate other fee schedules depending
on the size of the account, type of account, the level of client service required and other factors we consider
relevant, including timing of client relationship. Generally, it is our policy to only negotiate an individual
fee schedule with a client placing household assets of approximately $5 million or more under discretionary
management with us. Certain clients may be grandfathered in with fees that are different than as outlined
in this section. The specific annual fee schedule is identified in the contract between our firm and each
client.

Fees are charged quarterly in arrears based on the market value of the client's account(s) on the last business
day of the quarter. For partial quarters, fees are pro-rated. Because we charge in arrears, there should be no
unearned fees. Subject to client's consent, fees are directly debited from a client's account(s), and each client
is required to provide the qualified custodian of the client's account(s) written authorization to deduct the
fees described. The custodian sends the client a statement, at least quarterly, indicating all amounts
disbursed from the account. The client is responsible for verifying the accuracy of the fee calculation, as
the custodian will not verify the calculation. Payment of fees may result in the liquidation of client's
securities if there is insufficient cash in the client's account(s).

Asset based fees are always subject to the management agreement between the client and Entasis, and we
generally retain the right to amend our fee schedule with 30 days’ prior written notice to the client.

In some circumstances, the financial plan may require the services of a specialist such as an insurance
specialist or attorney. (Entasis does not provide any legal advice.) Entasis may recommend third-party
service providers, but the client is under no obligation to use any service provider recommended by Entasis.
Fees for specialists will be negotiated between the client and specialist directly.

On rare occasions, we may agree to an hourly fee for our Financial and Tax Planning services. The hourly
rate will vary depending on the scope and complexity of a client's financial circumstances. Any hourly fee
would be agreed upon between us and the client in writing.

                          Part 2A of Form ADV: Entasis Asset Management LLC Brochure

Coaching/Education and Financial Services Fee

Advisor's Fee for services provided pursuant to Section 1(c) shall be charged as a percentage of "household"
assets under management with Advisor, according to the following schedule:

Household Assets
Under Management                                    Annual Fee Rate

$0 to $1,000,000                                    1.15%
Over $1,000,000                                     0.90%

For purposes of the above fee calculation, "household" assets under management with Advisor means the
assets in any Account(s) (excluding Excluded Assets) for Client and Client's spouse, partner, minor children
and/or disabled adult children. Advisor generally requires a $50,000 household minimum to open and
maintain an advisory account. We recommend a minimum account size of $350,000 for clients that choose
our coaching/education and financial planning services. The minimum fee for a coaching/education and
financial planning relationship is $4,000 annually.

Although Entasis has established the above fee schedule, we may negotiate other fee schedules depending
on the size of the account, type of account, the level of client service required and other factors we consider
relevant, including timing of client relationship. Generally, it is our policy to only negotiate an individual
fee schedule with a client placing household assets of approximately $5 million or more under discretionary
management with us. Certain clients may be grandfathered in with fees that are different than as outlined
in this section. The specific annual fee schedule is identified in the contract between our firm and each
client.

Fees are charged quarterly in arrears based on the market value of the client's account(s) on the last business
day of the quarter. For partial quarters, fees are pro-rated. Because we charge in arrears, there should be no
unearned fees. Subject to client's consent, fees are directly debited from a client's account(s), and each client
is required to provide the qualified custodian of the client's account(s) written authorization to deduct the
fees described. The custodian sends the client a statement, at least quarterly, indicating all amounts
disbursed from the account. The client is responsible for verifying the accuracy of the fee calculation, as
the custodian will not verify the calculation. Payment of fees may result in the liquidation of client's
securities if there is insufficient cash in the client's account(s).
...

Item 7: Types of Clients

Entasis offers its investment advisory, financial planning, tax planning and non-investment management
services to individuals, corporations and other business entities, pension and profit-sharing plans,
endowments, foundations, charitable organizations, investment advisors, estates, government entities and
trusts.

The minimum annual fee to establish a Wealth Management and Tax Planning relationship is $1,500.
Entasis generally recommends a $250,000 household minimum to open and maintain a Wealth
Management & Tax Planning relationship. Relationships with less than $250,000 may be established but
will utilize a more limited investment lineup.

Entasis offers Research and Consulting services to other investment advisory firms, corporations and other
business entities, endowments, foundations, banking and trust institutions, registered broker-dealers,
retirement plan administrators and other institutions.

Entasis offers Non-Discretionary Retirement Plan Advisory and Consulting services to retirement plan
sponsors of corporations and other business entities of any size.

We have the right to terminate our relationship with any client if we believe that the account is too small to
effectively manage. Please see Item 5 for limitations on account requirements or minimum fee requirements.

                         Part 2A of Form ADV: Entasis Asset Management LLC Brochure