Harvest Capital Assets LLC

Item 5: Fees and Compensation

A. Fee Schedule

Asset-Based Fees for Portfolio Management

        Total Assets Under Management           Annual Fee

        All assets                              1.55%

These fees are generally negotiable and the final fee schedule is attached as Exhibit II of
the Investment Advisory Contract. Clients may terminate the agreement without penalty
for a full refund of HCA's fees within five business days of signing the Investment

       Advisory Contract. Thereafter, clients may terminate the Investment Advisory Contract
       immediately upon written notice.

       HCA uses the value of the account as of the last business day of the prior billing period,
       after taking into account deposits and withdrawals, for purposes of determining the
       market value of the assets upon which the advisory fee is based.

       B. Payment of Fees

       Payment of Asset-Based Portfolio Management Fees

       Asset-based portfolio management fees are withdrawn directly from the client's accounts
       with client's written authorization on a monthly basis. Fees are paid in advance.

       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 HCA. Please see Item 12 of this brochure
       regarding broker-dealer/custodian.

       D. Prepayment of Fees

       HCA collects certain fees in advance and certain fees in arrears, as indicated above.
       Refunds for fees paid in advance will be returned within fourteen days to the client via
       check, or return deposit back into the client’s account.

       For all asset-based fees paid in advance, the fee refunded will be equal to the balance of
       the fees collected in advance minus the daily rate* times the number of days elapsed in
       the billing period up to and including the day of termination. (*The daily rate is calculated
       by dividing the annual asset-based fee rate by 365.)

       E. Outside Compensation For the Sale of Securities to Clients

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

Item 7: Types of Clients

HCA generally provides advisory services to the following types of clients:

           ❖ Individuals
           ❖ High-Net-Worth Individuals

Minimum Account Size

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