Greenskeeper Asset Management Inc

Item 5 Fees and Compensation
   A. Fees

Individually Managed Accounts:
Clients with individually managed accounts will generally be charged an annual management fee of
1.50% on the first $700,000 and 0.75% on assets of $700,001 and over of the household’s fee-paying
assets under management. Fees are negotiable based on factors such as asset size, anticipated future
assets, related accounts, and complexity of client needs. Each client’s fee shall be agreed to by the
client when they sign the Investment Advisory Agreement. These fees are based on the Net Asset
Value (NAV) of the accounts and are calculated and payable as of the last business day of each
calendar month.

In addition to the management fee, a performance fee may also apply. The performance fee is 20% -
25% of all gains above a 6% annual hurdle rate (the “Hurdle Rate”). This fee will accrue monthly and
be paid annually on the last business day of each calendar year, or earlier if a withdrawal is made, in
which case a pro-rata portion of the fee will be crystallized. If the return for any year does not exceed
the Hurdle Rate, no performance fee will be charged. Any shortfall relative to the Hurdle Rate will be
carried forward, and no performance fee will be payable in subsequent years until the deficiency is
recovered.

All fees are calculated in a manner consistent with the methodology used for the GreensKeeper Value
Fund, as if the separately managed account had been invested in units of the Fund. These fees are in
addition to any applicable brokerage commissions charged by the Qualified Custodian(s) and any
applicable federal or state taxes. Management and performance fees will reduce investment returns and
the impact compounds over time.

Only Qualified Clients, as defined under applicable securities regulations (e.g., those with at least
$1,100,000 under management or a net worth exceeding $2,200,000 excluding their primary
residence), are eligible to be charged Performance Fees. GreensKeeper does not charge performance-
based fees to clients who do not meet this definition.

Clients will receive regular statements detailing all fee deductions. GreensKeeper is obligated to act in
the best interests of its clients, and any conflicts of interest arising from performance-based fees are

disclosed in Form ADV Part 2A. All investment recommendations are made based solely on client
suitability.

Each client’s fee shall be agreed to by the client when they sign the Investment Advisory Agreement.

All fees paid to GreensKeeper for investment advisory services are separate and distinct from the
expenses charged by third-party managers and Investment Companies to their shareholders. These fees
and expenses are described to the client in separate disclosures. These fees will generally include third-
party management fees, an Investment Company management fee, other fund expenses, and in some
situations a possible distribution fee.

GreensKeeper will provide investment advisory services and portfolio management services but will not
provide custodial or other administrative services. At no time will GreensKeeper accept or maintain
custody of a client’s funds or securities except for authorized fee deduction. The Client may contact the
Custodian directly for disbursements, or account record changes, and may also do so in writing to the
custodian. Adviser may act at the client’s convenience to facilitate such written communications to the
Custodian, provided that such action is not construed to be custody of client assets.

Client is responsible for all custodial and securities execution fees charged by the custodian and
executing broker-dealer. Fees paid to GreensKeeper are separate and distinct from the custodian and
execution fees.

Clients may request to terminate their advisory contract with GreensKeeper, in whole or in part, by
providing advance written notice. Upon termination, all fees will be prorated to the date of termination
and clients will be charged the final asset-based fee based on the number of days services were render
during the previous month. Client’s advisory agreement with GreensKeeper is non-transferable without
Client’s written approval.

Right of Cancellation

In addition to the right to terminate an agreement pursuant to its terms, a client may cancel an agreement
with GreensKeeper within five (5) business days of first receiving a copy of this disclosure brochure and
supplement without penalty or fee.

   B. Fee Deduction Disclosure

Where GreensKeeper deducts its management fee from client accounts utilizing a qualified custodian,
GreensKeeper is required to meet the following requirements.

a. Possess written authorization from the client to deduct advisory fees from an account held by a
   qualified custodian;

b. The firm must send the qualified custodian such information necessary for the qualified custodian
   to calculate the fee amount to be deducted from the client account; and,

c. The qualified custodian will send the client notice of the fee deduction in the form of a statement.
   The Firm will conduct due inquiry to ensure the qualified custodian satisfies this obligation.

   C. Other Fees and Expenses

Broker-dealers charge brokerage commissions and/or transaction fees for effecting certain securities
transactions (i.e., transaction fees are charged for certain no-load mutual funds, commissions are charged
for individual equity transactions, and mark-ups and mark-downs are charged for fixed income
transactions). The amount of these commissions and/or transaction fees may vary depending upon a
range of factors, which typically include the following: the broker-dealer/custodian utilized; the total
value of regulatory assets under management held at the applicable custodian; the type of asset (e.g.,
equity, ETF, mutual fund, fixed income product). In addition, client accounts may invest in open-end
...

Item 7 Types of Clients
GreensKeeper provides investment advice to many different types of clients. These clients generally
include individuals, high net worth individuals, corporations, trusts, estates, and other types of business
entities.

Minimum Account Size

GreensKeeper generally only accepts “Qualified Clients” (e.g., those with at least $1,100,000 under
management or a net worth exceeding $2,200,000 excluding their primary residence) as new clients,
with a minimum account size of $100,000. We may, at our sole discretion, waive this minimum
requirement on a case-by-case basis.