Fee-Only Financial Planning LC

Fees and Compensation

         Description

         The Firm is generally compensated for its investment management services on an annual
         basis. Fees are calculated on a percentage of assets, income or fixed retainer fees and are
         agreed upon in advance in writing. We may impose minimums depending upon the scope
         of engagement. Hourly fees or expense reimbursement may be assessed for services
         agreed to be outside the scope of the engagement or for limited engagements. In the event
         that the fee is determined quarterly, in advance, based upon the market value of such assets
         on the last day of the previous quarter, the firm’s policy is to treat intra-quarter account
         additions and withdrawals on existing accounts equally (the firm does not charge for intra-
         quarter additions or withdrawals-revise as necessary) unless indicated to the contrary on
         the Investment Advisory Agreement executed by the client. Please Note-Accrued
         Interest/Dividends: The market value reflected on periodic account statements issued by
         the account custodian may differ from the value used by Registrant for its advisory fee billing
         process. Registrant includes the accrued value of certain month or quarter-end interest
         and/or dividend payments when calculating client advisory fees, which amounts may not yet
         be reflected on the custodian statement as having been received by the account.

         As noted above, the services to be provided by us under the Investment Advisory
         Agreement include initial and ongoing financial planning services as detailed on Schedule
         A of the IAA. During the initial engagement year, the firm seeks to review and advise on
         various financial planning and related topics as described on the Checklist of Information
4898-2878-3244, v. 1

         Needed for Financial Planning (to the extent such topics are applicable to, or review thereof
         is desired by, the client). Subsequent to the initial engagement year, we remain available to
         address financial planning issues to the extent such services are contracted for as detailed
         on Schedule A and specifically requested by the client. In the event that the client requires
         extraordinary planning and/or consultation services (to be determined in the sole discretion
         of the firm), the firm may determine to charge for such additional services, the dollar amount
         of which shall be set forth in a separate written notice to the client.

         During the initial engagement year, the firm’s annual fee for the services provided under
         Investment Advisory Agreement shall generally be based upon a percentage (%) of the
         market value of the assets under management and a percentage (%) the client’s gross
         income upon engagement (generally 1.5%) in accordance with the fee schedule annexed
         to Investment Advisory Agreement herewith as Exhibit “A”. Thereafter, the annual fee shall
         generally be based upon a percentage (%) of the market value of the assets under
         management (between negotiable and 1.00%-see Fee Differentials below), unless the firm
         determines to enter into an annual fixed fee arrangement. Each year, our annual fee shall
         be set forth on an amended Schedule “A” (unless the annual fee shall remain unchanged).
         The annual fee shall be prorated and paid quarterly, in advance. That portion of the fee that
         is based upon a percentage (%) of the market value of the assets under management shall
         be based upon the market value of the assets on the last business day of the previous
         quarter. If a fixed fee, the annual fee shall be payable in four (4) equal quarterly advance
         payments. No increase in the annual fee or fee percentage shall be effective without prior
         written notification to the client. The amount upon which we bill may vary from the account
         balance presented on your custodial statement in connection with consideration of accrued
         interest and dividends.

         Unless the firm agrees otherwise, in writing, we shall debit the account directly for its
         advisory fee. In the event of termination, we shall refund any unearned portion of the
         advanced fee paid based upon the number of days remaining in the billing quarter.

         Please Note: Fee Differentials. We shall generally price its advisory services based upon
         various objective and subjective factors. As a result, our clients could pay diverse fees based
         upon the type, amount and market value of their assets, the anticipated complexity of the
         engagement, the anticipated level and scope of the overall investment advisory and
         consulting services to be rendered. Additional factors effecting pricing can include related
         accounts, competition, and negotiations. As a result of these factors, similarly situated
         clients could pay diverse fees, and the services to be provided by the firm to any particular
         client could be available from other advisers at lower fees. All clients and prospective clients
         should be guided accordingly. Please Also Note: Depending upon the assets under
         management and the anticipated planning and consulting services, we can also impose an
         annual minimum fee as referenced on Exhibit “A” to the Investment Advisory Agreement. In
         the event that the client is subject to an annual minimum fee, the client could pay a higher
         percentage fee than referenced above. ANY QUESTIONS: The firm’s Chief Compliance
         Officer, Anne Marie Hudick, CFP, remains available to address any questions
         regarding advisory fees.

         Margin Accounts: Risks/Conflict of Interest. We do not recommend the use of margin
...

Types of Clients

         Description

         We provide services to individuals, trusts, and estates. Client relationships vary in scope.
         We accept new clients with the expectation they will endure.

         Account Minimums

         We, in our discretion, may charge a lesser or higher investment advisory fee, charge a flat
         fee, waive applicable minimum asset or minimum fee levels, waive our fee entirely, or
         charge fees on a different interval, based upon certain criteria (i.e., anticipated future earning
         capacity, anticipated future additional assets, dollar amount of assets to be managed,
         related accounts, account composition, complexity of the engagement, anticipated services

4898-2878-3244, v. 1

         to be rendered, grandfathered fee schedules, employees and family members, courtesy
         accounts, referrals from existing clients, competition, negotiations with client, etc.).
         Factoring in the cost of investing is a critical aspect to success in our view. Retainer or
         Investment Advisor Agreements are offered after weighing the perceived benefit our
         services may have on your long-term success.
         Due to variations in assets, tenure, complexity and factoring in minimum fees imposed,
         some clients may pay a higher percentage rate in annual fees than the fees paid by clients
         with greater or lesser assets under management.

 Methods of Analysis, Investment Strategies and Risk of Loss