Inceptionr LLC

Item 5: Fees and Compensation

A. Fee Schedule

Clients (pooled investment vehicles) will pay an annual fee of up to 2.00% of assets under
management along with a performance fee based on capital appreciation of up to 20.00%.
However, all fees are negotiated with the specific fund client. The final fee schedule
will be memorialized in the advisory agreement.

With respect to any performance based fees, if the client's portfolio rises in value, the client
will pay a performance-based on that increase in value, but if the portfolio drops in value,
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.” The high water mark will be the highest value of the client’s account on the last
day of any previous quarter, after accounting for the client’s deposits or withdrawals for
each billing period.

B. Payment of Fees

Portfolio management fees, are withdrawn monthly in arrears, whereas performance-
based fees are withdrawn either quarterly or annually (as agreed upon for the specific
fund client).

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

D. Prepayment of Fees

INC collects its fees in arrears. It does not collect fees in advance.

       E. Outside Compensation For the Sale of Securities to Clients

       Neither INC 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

INC generally provides advisory services to pooled investment vehicles. There is no account
minimum for any of INC’s services.