Farris Capital Management Inc

Item 5 – Fees and Compensation

In addition to the information provided in Item 4 – Advisory Business, this section provides additional
details regarding our firm’s services along with descriptions of each service’s fees and compensation
arrangements. It should be noted that lower fees for comparable service can be available from other
sources. The exact fees and other terms will be outlined in the agreement between you and Farris
Capital Management.

Financial Planning & Consulting Services

Fees charged for our financial planning and consulting services are negotiable based upon the
investment adviser representative providing advice, the complexity of the client's situation and other
advisory services provided. The following are the fee arrangements available for financial planning and
consulting services offered by Farris Capital Management.

                                  Fees for Financial Planning Services

Farris Capital Management provides financial planning services under an hourly fee arrangement. An
hourly fee of $250 per hour is charged by Farris Capital Management for financial planning services under
this arrangement. Before commencing financial planning services, Farris Capital Management provides
an estimate of the approximate hours needed to complete the requested financial planning services. If
Farris Capital Management anticipates exceeding the estimated amount of hours required, Farris Capital
Management will contact you to receive authorization to provide additional services. Any unpaid hourly
fees are due immediately upon completion and delivery of the financial plan.

The financial planning services terminate upon delivery of the written financial plan or upon either party
providing the other party with written notice of termination.

You may terminate the financial planning services within five (5) business days of entering into an
agreement with Farris Capital Management without penalty or fees due. If you terminate the financial
planning services after five (5) business days of entering into an agreement, you will be responsible for
immediate payment of any financial planning services performed by Farris Capital Management prior to
the receipt by Farris Capital Management of your notice. For financial planning services performed by
Farris Capital Management under an hourly arrangement, you will pay Farris Capital Management for any
hourly fees incurred at the rates described above. In the event that there is a remaining balance of any
fees paid in advance after the deduction of fees from the final invoice, those remaining proceeds will be
refunded by Farris Capital Management to you.

                                      Fees for Consulting Services

Farris Capital Management provides consulting services under a fixed fee arrangement. A mutually
agreed upon fixed fee is charged for consulting services under this arrangement. There is a range in the
amount of the fixed fee charged by Farris Capital Management for consulting services. The minimum
fixed fee for consulting services will be $1,500, and maximum fixed fee for consulting services will be

Farris Capital Management Inc.                    Page 10           Form ADV Part 2A Disclosure Brochure

generally no more than $10,000. The amount of the fixed fee for your engagement is specified in your
consulting agreement with Farris Capital Management. The fixed fee will be considered earned by Farris
Capital Management and immediately due from Client upon completion of the consulting services.

The “as-needed” consulting services will terminate upon either you or Farris Capital Management
providing notice of termination to the other party.

You may terminate the consulting services within five (5) business days of entering into an agreement
with Farris Capital Management without penalty or fees due. If you terminate the consulting services after
five (5) business days of entering into an agreement with Farris Capital Management, you will be
responsible for immediate payment of any consulting work performed by Farris Capital Management prior
to the receipt by Farris Capital Management of your notice. For consulting services performed by Farris
Capital Management under a fixed fee arrangement, you will pay Farris Capital Management a pro-rated
fixed fee equivalent to the percentage of work completed by Farris Capital Management as determined by
Farris Capital Management. In the event that there is a remaining balance of any fees paid in advance
after the deduction of fees from the final invoice, those remaining proceeds will be refunded by Farris
Capital Management to you.

                        Other Fee Terms for Financial Planning & Consulting Services

You may pay the investment advisory fees owed for the financial planning services by submitting
payment directly (for example, by check) or having the fee deducted from an existing investment account.

If you elect to pay by automatic deduction from an existing investment account, you will provide written
authorization to Farris Capital Management for such charge.

You should notify Farris Capital Management within ten (10) days of receipt of an invoice if you have
questions about or dispute any billing entry.

All fees paid to Farris Capital Management for financial planning and consulting services are separate
and distinct from the commissions charged by a broker-dealer or asset management fees charged by an
investment adviser to implement such recommendations.

It should be noted that lower fees for comparable services can be available from other sources.

Asset Management Services available through Betterment Securities and Zoe Wealth Platform via
Apex Clearing Corp.

Fees charged for our asset management services on these platforms are charged based on a percentage
of assets under management, billed in advance (at the start of the billing period) on a monthly basis and
...

Item 7 – Types of Clients

Farris Capital Management generally provides investment advice to the following types of clients:

    •   Individuals
    •   High Net Worth Individuals
    •   Corporations or business entities other than those listed above

You are required to execute a written agreement with Farris Capital Management specifying the particular
advisory services in order to establish a client arrangement with Farris Capital Management.

Minimum Investment Amounts Required

For Asset Management Services on the Fidelity Institutional Wealth Services Platform or Charles Schwab
and Co., Inc., Farris Capital Management requires a minimum of $5,000. To reach this account minimum,
clients can aggregate all household accounts. Exceptions may be granted upon request based upon
related family accounts or anticipated additional deposits within one year to meet the required minimum.
Exceptions may be granted to this minimum for family members. There is no minimum fee for Asset
Management Services on the Fidelity Institutional Wealth Services Platform or Charles Schwab and Co.,
Inc.

Farris Capital Management Inc.                    Page 14           Form ADV Part 2A Disclosure Brochure

The minimum fee generally charged for financial planning services provided on an hourly basis is $250.
The minimum fixed fee for consulting services will be $1,500 and maximum fixed fee for consulting
services will be generally no more than $10,000.