Lexington Research and Capital Group LLC

Item 5: Fees and Compensation
   Fees:

   Lexington Research and Capital Group, LLC bases its fees on a scale based on the assets
   under management (AUM). The following is our fee schedule:

   Assets under Management (AUM):             Annual Fee:

   $0 - $590,000                              50% of 1% of assets under management

   $590,000 - $750,000                        $ 2950.00

   $750,000 - $1,000,000                      $ 3250.00

   $1,000,000 - $1,250,000                    $ 3550.00

   $1,250,000 - $1,500,000                    $ 3750.00

   $1,500,000 - $1,750,000                    $ 3950.00

   $1,750,000 - $2,000,000                    $ 4150.00

   $2,000,000 - $2,250,000                    $ 4350.00

   $2,250,000 - $2,500,000                    $ 4550.00

   $2,500,000 - $2,750,000                    $ 4750.00

   $2,750,000 - $3,000,000                    $ 4950.00

   $3,000,000 - $3,250,000                    $ 5150.00

   $3,250,000 - $3,500,000                    $ 5300.00

   $3,500,000 - $3,750,000                    $ 5450.00

   $3,750,000 - $4,000,000                    $ 5600.00

   $4,000,000 - $4,500,000                    $ 5750.00

   $4,500,000 - $5,000,000                    $ 5900.00

   $5,000,000 - $5,500,000                    $ 6000.00

   $5,500,000 - $6,000,000                    $ 6100.00

$6,000,000 - $6,500,000                       $ 6200.00

$6,500,000 - $7,000,000                       $ 6300.00

$7,000,000 - $7,500,000                       $ 6400.00

$7,500,000 - $8,000,000                       $ 6500.00

Fee Billing

Lexington Research and Capital Group, LLC bills its fees on a quarterly basis. The
quarterly fee is based on the assets under management at the end of the quarter. Lexington
Research and Capital Group, LLC bills its clients directly and does not allow deduction of
fees from client’s assets. Clients are sent a quarterly statement detailing the fee for the
quarter. The quarterly fee is due and payable upon receipt by the client. Clients will be
billed on a pro-rata basis during the first quarter of engagement. Lexington Research and
Capital Group, LLC does not require any fees in advance. The only source of fees is
directly from clients. We believe clients should benefit from our advice and not be
burdened by the conflict of interest that is inherent in commission-based compensation.
Our goal is to be transparent in the cost of investing.

Other Fees:

Custodians may charge transactions fees on the purchase and sale of mutual funds, stocks,
bonds, and exchange traded funds. We at Lexington Research and Capital Group, LLC
seek to minimize those fees by seeking the funds and transactions with the lowest possible
costs. In addition to transaction fees, all mutual funds charge a management fee. This fee
is known as the expense ratio. All of these fees are paid by the client to the custodian and
are in addition to the fees paid to Lexington Research and Capital Group, LLC.

Termination of Agreement:

All clients may terminate their agreement with 30 days’ notice. Any fees due will be
prorated for the portion of the quarter until the termination date. Since Lexington Research
and Capital Group, LLC does not charge fees in advance and only at the end of the quarter,
there is no refund on any fees paid.

Past Due Accounts:

Lexington Research and Capital Group, LLC reserves the right to stop management for
any past due account over 60 days. Lexington Research and Capital Group, LLC will make
every effort to inform clients of any past due accounts before terminating management.

Item 12 below further describes the factors used in selection broker/dealers for client
transactions.

Types of Clients:

   Lexington Research and Capital Group, LLC normally provides investment advice for
   individuals, charities, trusts and small retirement plans.

   Minimum Account Size:

   Lexington Research and Capital Group, LLC does not impose a minimum dollar value or
   size as a condition for opening an account.

   Item 8 – Method of Analysis, Investment Strategies
                   and Risk of Loss
   Methods of Analysis and Investment Strategies:

   Lexington Research and Capital Group, LLC’s primary method of analysis is based on
   the efficient market theory and modern portfolio analysis. We believe markets are
   efficient and careful exposure to various market segments in the proper assets allocation
   will produce appropriate returns and risks. We use passively managed index funds and
   exchange traded funds along with some individual stocks. We also allocate equity assets
   internationally to provide diversification and risk reduction relative to the domestic
   market. We believe low costs are very important to investing and seek to accomplish
   investment objectives at the lowest possible cost to the client. We also use rebalancing
   tools to meet target asset allocations. We believe in long term investing and believe
   frequent trading increases expenses and triggers potential tax liability.

   Risk of Loss:

   Every investment program contains certain risks including loss of principal. You
   may face interest rate risk which means interest rate changes will affect the value of your
   fixed income securities. You face market risk, currency risk, inflation risk, business risk,
   liquidity risk, political and governmental risk, tax risk and financial risk. All of those
   risks may and can adversely affect your financial assets. Any past performance may and
   can be different from future performance and is no guarantee of future performance.

   Investing in securities involves risk of loss that you the investor should
   be prepared to bear.