H&H International Investment LLC

Item 5: Fees and Compensation

A. Fee Schedule

Asset-Based and Performance-Based Fees for Portfolio Management

Fee options are disclosed here:
(1) Up to 2.1% management fee based on asset under management; or
(2) 25% performance fee for appreciation above 3% for qualified clients; or
(3) 2.1% management fee based on asset under management PLUS a 25% performance fee
for appreciation for the account.

In option 2, if the portfolio rises in value over 3%, then the client will pay 25% on that increase
in value, but if the portfolio drops in value, then the client will not incur a new performance
fee until the portfolio reaches the last highest value when performance fee was calculated,
adjusted for withdrawals and deposits, which is generally known as a “high water mark”.

In option 3, a management fee of 2.1% will be charged in addition to a performance fee or 25%
for the appreciation for the account. If the portfolio rises in value over the initial deposit, then
the client will pay 25% on that increase in value, but if the portfolio drops in value, then the
client will not incur a new performance fee until the portfolio reaches the last highest value,
adjusted for withdrawals and deposits, which is generally known as a “high water mark”.

These fees are generally negotiable and the final fee schedule will be memorialized in the
client’s advisory agreement. This service may be canceled with 30 days’ advanced notice.
H&H requests clients provide 30 days advanced notice to withdraw or liquidate funds.

Unless agreed otherwise, any and all account asset classes, including cash positions, are
included in the firm’s advisory fee calculation. At certain times our advisory fee may exceed
the money market and/or cash yields.

B. Payment of Fees

Payment of Asset-Based and Performance-Based Portfolio Management
Fees

Performance-based portfolio management fees are withdrawn directly from the client's
accounts with the client's written authorization unless there is an alternative form of
payment arranged with the client. Performance fees are paid annually in arrears or otherwise
specified in the contract (i.e., every year or every three years).

Asset-based portfolio management fees are withdrawn directly from the client’s accounts
monthly in arrears based on the calculation at the end of the month.

In cases where our firm deducts fees from the client account(s), clients are notified of the
following process:

   a. The client’s independent custodian sends statements at least quarterly showing the
      market values for each security included in the Assets and all account disbursements,
      including the amount of the advisory fees paid to our firm;
   b. Clients will provide authorization permitting our firm to be directly paid by these
      terms. Our firm will send fees amount directly to the custodian; and
   c. If our firm sends a copy of our invoice to the client, legend urging the comparison of
      information provided in our statement with those from the qualified custodian will
      be included.

C. Client Responsibility For Third Party Fees

Clients are responsible for the payment of all third party fees (i.e. custodian fees, brokerage
fees, mutual fund fees, transaction fees, etc.). Those fees are separate and distinct from the
fees and expenses charged by H&H. Please see Item 12 of this brochure regarding broker-
dealer/custodian.

D. Prepayment of Fees

H&H collects its fixed management fees monthly in arrears and performance fees annually in
arrears or otherwise specified in the contract (i.e., every three years). H&H does not collect
fees in advance.

Either party may terminate the advisory agreement signed with our firm in writing at any
time. Upon notice of termination pro-rata advisory fees for services rendered to the point of
termination will be charged. If advisory fees cannot be deducted, our firm will send an invoice
for due advisory fees to the client.

       E. Outside Compensation for the Sale of Securities to Clients

       Neither H&H nor its supervised persons accept any compensation for the sale of investment
       products, including asset-based sales charges or service fees from the sale of mutual funds.

Item 7: Types of Clients

H&H generally provides advisory services to High-Net-Worth Individuals, company accounts with
some accounts as offshore personal investment accounts (PIC accounts) and offshore pool
investment accounts

There is no account minimum for any of H&H’s services.