LENK Ladner Investment Solutions LLC

Item 5         Fees and Compensation

Lenk Ladner Investment Solutions is a fee based only Advisory Firm.                Our investment
management fees are based upon the following tiered fee schedule:

       Tier                              Portfolio Value                          Percent

       First                                     $500,000                           1.00%
       Next                           $500,000-$1,000,000                           0.75%
       Next                         $1,000,000-$2,000,000                           0.60%
       Next                         $2,000,000-$4,000,000                           0.50%
       Next                         $4,000,000 and above                            0.40%

Management consultation fees start at $500 for initial meeting then $250 an hour after initial
meeting.

All fees are negotiable.

Fees are generally invoiced in arrears on a quarterly basis, but not necessarily a calendar quarter,
unless otherwise agreed upon. The calculation is determined by the custodian’s month end
valuations as indicated on the client’s statement(s). The fee may be pro-rated for the quarter in
which the account is opened or terminated.

While Lenk Ladner Investment Solutions charges a management fee for services rendered, it
should be noted that clients do pay additional fees to the custodian. These types of fees may
include (but are not limited to) commissions or transaction fees on security trades, services such
as a wire transfer of funds or incoming transfer of assets. Clients holding mutual funds will incur
fees charged by the Investment Companies. These operating expenses or expense ratios vary
from fund to fund and are disclosed in a mutual fund’s prospectus. Lenk Ladner Investment
Solutions does not receive any portion of these commissions or fees, which are customary fees of
a custodian (broker-dealer) where client assets are held. Our firm does take these additional costs
into consideration in recommending securities as part of the investment selection process and we
try to minimize them as much as possible. Lenk Ladner Investment Solutions does not assess a
termination fee.

Lenk Ladner Investment Solutions does not accept compensation for the sale of investment
products, such as asset-based sales charge or loaded sale charges of mutual funds.

Item 7         Types of Clients

Lenk Ladner Investment Solutions will provide investment advice to individuals, high net worth
individuals, individual retirement accounts, trusts, estates and charitable organizations. We
suggest a minimum account size of $500,000 for taxable investment accounts and accompanying
retirement accounts have no minimum restrictions. Exceptions may be made to these stated
minimums at the discretion of the investment advisor.