Kohlhepp Investment Advisors Ltd

Item 5 - Fees and Compensation

In some of these programs, the fee is paid by the client directly to the third-party manager and such
manager pays Firm its share. In other programs, the client pays Firm directly. Payments may or may
not be made through Cambridge.

Financial Analysis: The fee is negotiable and varies from client to client but does not exceed $450 per
hour. A deposit for the financial planning fee may be required before work will commence for the
“Financial Analysis”.

On some occasions a fee based on percentage of assets comprising the financial plan will be charged.
This fee will not exceed two and one-half (2.5%) percent of such assets. Assets will be considered to
be the current market value of the assets on the date the contract is entered into and each respective
anniversary. The minimum annual fee is $1000. The advisory fee is payable upon entering into contract
and includes such direct costs as consultation, data gathering, record keeping, analysis, set up, etc. No
fee shall be payable more than six (6) months in advance.

With regard to the non-securities activity, this will involve advice including but not limited to
retirement, education, insurance, tax, retirement income planning and financial planning to individuals,
partnerships and corporations on a fee basis up to $450 per hour.

Asset Management Services

Fees: Client will pay the Advisor an advisory and administrative fee for Asset Management Services
every calendar quarter (the “Management Fee”). The fee shall be based upon a percentage of assets
under management up to a maximum of (2.25%) percent annually, and includes the advisory fee for the

third-party money manager, if one is used. The Management Fee, by default, is payable in advance on
a quarterly basis and shall be debited directly from the Client’s account following the execution of the
Asset Management Agreement and an exhibit page, in which the fee is described and accepted by the
client. In certain cases, a client may receive an invoice in lieu of the direct debit. If invoiced fee
payments have not been made within 60 days of the billing date, Kohlhepp Investment Advisors, Ltd.
reserves the right to debit the account for the overdue fee. In the event the invoice is not paid in full and
on time fee collection will automatically revert to the default option, direct debit. The initial fee may be
prorated to cover the period from the date the account is opened through the end of the current calendar
quarter. Thereafter, the Management Fee will be based upon the net worth of the account on the last
business day of the preceding calendar quarter. In certain cases and under certain circumstances,
Management Fees may be reduced and/or tiered by the Advisor. In such a case, an amended fee schedule
shall be provided to the client. Fees may be modified at the discretion of the Advisor with at least 30
(thirty) days prior written notice. Advisor is not being compensated on the basis of a share of capital
gains upon or capital appreciation of the funds or any other portion of the funds of the Client. Separate
account managers, strategist and money managers shall impose additional fees. Additional program,
platform and custodial fees may also be imposed.

Termination:
Either party may terminate the Asset Management Agreement at any time by providing written notice
to the other party. Notwithstanding the foregoing, the Client may terminate this Agreement within five
(5) business days of its signing and the Client shall be entitled to a refund of any fees paid to the Advisor
before such termination date. Upon any termination of the Agreement, after the five (5) business days
of its signing, the Client is entitled to a pro rata refund of any prepaid quarterly Management Fees based
upon the number of days remaining in the quarter after the date upon which notice of termination is
received. Termination of the Agreement does not affect liabilities or obligations incurred or arising from
Asset Management Services initiated under the Agreement before such termination.

Item 7 - Types of Clients

Individuals, High Net Worth Individuals, and ERISA Plans. The minimum investment for accounts is
$25,000. However, clients may be permitted to invest less than $25,000 based on information provided
by the client to Kohlhepp Investment Advisors, Ltd. that investing a lower amount is appropriate for the
client, or the client has established additional managed accounts with the firm.