General Partner Inc

Item 5 – Fees and Compensation

In addition to the information provided in Item 4 – Advisory Business, this section provides additional
details regarding my firm’s services along with descriptions of each service’s fees and compensation
arrangements. The exact fees and other terms will be outlined in the agreement between you and
General Partner, Inc.

Investment Advisory Fees

Fees for my comprehensive investment advisory services will range between $10,000 to $25,000 per
month or between 0.10% and 0.50% of assets under management and are billed in arrears (at the end of
the monthly billing period). If asset management services are commenced in the middle of the billing
period, then the prorated fee for that billing period will be billed in arrears at the end of that billing period.

The comprehensive investment advisory services continue until terminated by either party (i.e., General
Partner, Inc. or you) by giving thirty (30) days written notice to the other party. When fees are billed in
arrears, General Partner, Inc. will prorate the final fee payment based on the number of days services are
provided during the final period. The amount of client assets on the termination date will be used to
determine the final fee payment.

Fees charged for my comprehensive investment advisory services are negotiable based on the type of
client, the complexity of the client's situation, the composition of the client's account (i.e., equities versus
mutual funds), the relationship of the client with the investment adviser representative, and the total
amount of assets under management for the client.

General Partner, Inc.                                Page 6            Form ADV Part 2A Disclosure Brochure

General Partner, Inc. believes that its annual fee is reasonable in relation to: (1) services provided and (2)
the fees charged by other investment advisers offering similar services/programs. However, my annual
investment advisory fee may be higher than that charged by other investment advisers offering similar
services/programs. In addition to my compensation, you may also incur charges imposed at the mutual
fund level (e.g., advisory fees and other fund expenses).

You can choose how to pay your investment advisory fees. The investment advisory fees can be
deducted from your account and paid directly to my firm by the qualified custodian(s) of your account, or
you can pay my firm upon receipt of a billing notice sent directly to you.

If you choose to have the investment advisory fees deducted from your account, you must authorize the
qualified custodian(s) of your account to deduct fees from your account and pay such fees directly to
General Partner, Inc.

You should review your account statements received from the qualified custodian(s) and verify that
appropriate investment advisory fees are being deducted. The qualified custodian(s) will not verify the
accuracy of the investment advisory fees deducted.

If you choose to pay the fees after receiving a statement, fees are due upon your receipt of a billing notice
sent directly to you. The billing notice will detail the formula used to calculate the fee, the assets under
management and the time period covered. Fees for the services of my firm will be due immediately after
your receipt of the billing notice.

To the extent General Partner, Inc. engages an outside professional (i.e., attorney, independent
investment adviser or accountant) while providing consulting services to you, General Partner, Inc. will be
responsible for the payment of the fees for the services of such an outside professional, and you will not
be required to reimburse General Partner, Inc. for such payments. To the extent that you personally
engage such an outside professional, you will be responsible for the payment of the fees for the services
of such an outside professional, and General Partner, Inc. will not be required to reimburse Client for such
payments. Fees for the services of an outside professional (i.e., attorney, independent investment
adviser or accountant) will be in addition to and separate from the fees charged by General Partner, Inc.,
and you will be responsible for the payment of the fees for the services of such an outside professional.
In no event will the services of an outside professional be engaged without your express approval.

Brokerage commissions and/or transaction ticket fees charged by the qualified custodian are billed
directly to you by the qualified custodian. General Partner, Inc. does not receive any portion of such
commissions or fees from you or the qualified custodian. In addition, you may incur certain charges
imposed by third parties other than General Partner, Inc. in connection with investments made through
your account including, but not limited to, mutual fund sales loads, 12(b)-1 fees and surrender charges,
and charges imposed by the qualified custodian(s) of your account. Management fees charged by
General Partner, Inc. are separate and distinct from the fees and expenses charged by investment
company securities that may be recommended to you. A description of these fees and expenses are
available in each investment company security’s prospectus.

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

General Partner, Inc.                              Page 7            Form ADV Part 2A Disclosure Brochure

Item 7 – Types of Clients

General Partner, Inc. generally provides investment advice to the following types of clients:

       Foundations
       Trusts, estates, or charitable organizations
       Individuals

You are required to execute a written agreement with General Partner, Inc., specifying the particular
advisory services in order to establish a client arrangement with General Partner, Inc.

Minimum Investment Amounts Required

There are no minimum investment amounts or conditions required for establishing an account managed
by General Partner, Inc. However, all clients are required to execute an agreement for services in order
to establish a client arrangement with General Partner, Inc. and/or the third-party money manager or the
sponsor of third-party money manager platforms.

The minimum monthly fee generally charged for my comprehensive investment advisory services is $500.