Kooman & Associates

Item 5           Fees and Compensation
   A.
                                   INVESTMENT ADVISORY SERVICES
         The Registrant’s annual investment advisory fee shall range from 0.50% up to 1.25% of
         the total assets placed under the Registrant’s management/advisement as set forth in the
         following fee schedule:
                                Account Size                     Annual Fee
                                < $500,000                       1.25%*
                                $500,000 - $999,999              1.00%*
                                $1,000,000 - $1,999,999          0.95%
                                $2,000,000 - $2,999,999          0.90%
                                $3,000,000 - $3,999,999          0.85%
                                $4,000,000 - $4,999,999          0.80%
                                $5,000,000 - $9,999,999          0.75%
                                $10,000,000 - $14,999,999        0.65%
                                $15,000,000 - $19,999,999        0.60%
                                > $20,000,000+                   0.50%
                                * Additional consulting fee may also apply

                                      RETIREMENT PLAN SERVICES
         The Registrant provides pension consulting services, in the capacity of a 3(21) and/or 3(38)
         advisor. The Registrant’s annual fee for these services shall generally be negotiable up to
         1.00% of the total assets maintained within the plan.

                FINANCIAL PLANNING AND CONSULTING SERVICES (STAND-ALONE)
         The Registrant may provide financial planning and/or consulting services (including
         investment and non-investment related matters, including estate planning, insurance
         planning, etc.) on a stand-alone fee basis. Registrant’s planning and consulting fees are
         negotiable, but generally range up to $5,000 on a fixed fee basis, depending upon the level
         and scope of the service(s) required and the professional(s) rendering the service(s).

   B. Clients may elect to have the Registrant’s advisory fees deducted from their custodial
         account. Both Registrant’s Agreement and the custodial/clearing agreement may authorize
         the custodian to debit the account for the amount of the Registrant’s investment advisory
         fee and to directly remit that advisory fee to the Registrant in compliance with regulatory
         procedures.

         In the limited event that the Registrant bills the client directly, payment is due upon receipt
         of the Registrant’s invoice.

   C. As discussed below, unless the client directs otherwise or an individual client’s
         circumstances require, Registrant shall generally recommend that Raymond James &
         Associates, Inc., member New York Stock Exchange/SIPC (“Raymond James”) and/or

   Charles Schwab & Co. Inc. (“Schwab”) serve as the broker-dealer/custodian for client
   investment management assets.

   Broker-dealers such as Raymond James and Schwab charge brokerage commissions,
   transaction, and/or other type fees for effecting certain types of securities transactions (i.e.,
   including transaction fees for certain mutual funds, and mark-ups and mark-downs charged
   for fixed income transactions, etc.). The types of securities for which transaction fees,
   commissions, and/or other type fees (as well as the amount of those fees) shall differ
   depending upon the broker-dealer/custodian. While certain custodians, including Raymond
   James and Schwab, generally (with the potential exception for large orders) do not
   currently charge fees on individual equity transactions (including ETFs), others do.

   There can be no assurance that Raymond James or Schwab will not change their transaction
   fee pricing in the future.

   Raymond James and Schwab may also assess fees to clients who elect to receive trade
   confirmations and account statements by regular mail rather than electronically.

   Clients will incur, in addition to Registrant’s investment management fee, brokerage
   commissions and/or transaction fees, and, relative to all mutual fund and exchange traded
   fund purchases, charges imposed at the fund level (e.g., management fees and other fund
   expenses).

   Clients engaging Independent Managers will incur additional investment advisory fees.

D. Registrant's annual investment advisory fee shall be prorated and paid quarterly, in
   advance, based upon the market value of the assets on the last business day of the previous
   quarter. The Registrant relies on data feeds directed by the custodian to a third party to
   calculate client fees. These data feeds often incorporate corrected values determined after
   the custodian issues client account statements. Due to reporting differences, there may be
   a variance between the value of a client’s assets reflected on custodian-provided statements
   and the value relied upon by the Registrant for fee calculation purposes.

   The Registrant generally requires a minimum asset level of $1,000,000 for investment
   management services. As noted above, if a client maintains less than $1,000,000 in assets
   under management with the Registrant, the Registrant may require an additional consulting
   fee.

   However, the Registrant, in its sole discretion, may waive or modify its minimum asset
   requirement, charge a lesser investment advisory fee, charge a flat fee, or waive its fee
   entirely based upon certain criteria (i.e., anticipated future earning capacity, anticipated
   future additional assets, dollar amount of assets to be managed, related accounts, account
   composition, complexity of the engagement, grandfathered fee schedules, Registrant
   employees and family members, courtesy accounts, competition, negotiations with client,
   etc.).
...

Item 7           Types of Clients

         The Registrant’s clients shall generally include individuals, business entities, trusts, estates
         and pension and profit-sharing plans.