Lincoln Capital LLC

Item 5: Fees & Compensation

How We Are Compensated for Our Advisory Services

Comprehensive Portfolio Management:

               Assets Under Management                  Annual Percentage of Assets Charge
                       Any Assets                                  Up to 2.60%

Our firm’s fees are billed on a pro-rata annualized basis quarterly in advance based on the value of
your account on the last day of the previous quarter. Fee adjustments are made for deposits and
withdrawals in client accounts. Our fees are negotiable. Fees will generally be automatically deducted
from your managed account*. As part of this process, you understand and acknowledge the following:

    a) You provide written authorization permitting us to be paid directly from the managed
       account held by the independent custodian;
    b) Our firm sends an electronic request to the custodian indicating the amount of the fee to be
       paid from the client’s managed account;
    c) Your independent custodian sends statements at least quarterly to you showing the market
       values for each security included in the Assets and all disbursements in your account
       including the amount of the advisory fees paid to us;

*In rare cases, we will agree to direct bill clients.

Individual Plan Participant Management Services:

               Assets Under Management                  Annual Percentage of Assets Charge
                       Any Assets                                0.35% to 0.75%

Fees charged for our Individual Plan Participant Management Services are charged based on a
percentage of assets under management and range between 0.35% and 0.75% annually.

Your annual fee will be divided and billed in advance (at the start of the billing period) on a
quarterly calendar basis and calculated based on the fair market value of your account as of the last
business day of the previous billing period.

Fees are prorated (based on the number of days service is provided during the initial billing period)
for your account opened at any time other than the beginning of the billing period. If asset
management services are commenced in the middle of the billing period, then the prorated fee for
that billing period is based on the value of the Account when services commence and is due
immediately and will be deducted from Account when services commence.

In the event that a deposit occurs in excess of what is agreed upon and stated in your agreement for
services during a billing period after the fee calculation, the fee for the billing period will be
recalculated at the end of the billing period and we will bill you a second fee pro-rata, in arrears, on
the additional deposits. In the event that a withdrawal in excess of what is agreed upon and stated
in your agreement for services occurs during a billing period after the fee calculation, the fee for
that billing period will be recalculated at the end of the billing period and you will be refunded the
pro-rate fee that was attributable to the amount of the withdrawal.

Individual Plan Participant Management Services continue until terminated by either party (i.e., our
firm or you) by giving written notice to the other party. Any prepaid, unearned fees will be
promptly refunded to you. Fee refunds will be determined on a pro rata basis using the number of
days services are actually provided during the final period.

Fees charged for our Individual Plan Participant Management Services are negotiable based on the
type of client, the complexity of the client's situation, the relationship of the client with the
investment adviser representative, and the total amount of assets under management for the client.

Fees for our Individual Plan Participant Management Services will not be debited from the
retirement plan account being managed. Instead, fees will be deducted from another brokerage
account that you own and authorize us to debit. When fees are debited from your account, the fee
will be paid directly to our firm by the qualified custodian(s) of your account. You will authorize
the qualified custodian(s) of your account to deduct fees from your account and pay such fees
directly to our firm. Upon request, our firm will send you a fee billing invoice showing the amount
of the fee that will be deducted, the manner in which the fee was calculated, any adjustments to the
fee and an explanation of such adjustments. See Item 15 – Custody for more details.

You should review your account statements received from the qualified custodian(s) and verify that
appropriate investment advisory fees are being deducted. The qualified custodian(s) will not verify
the accuracy of the investment advisory fees deducted.

Transaction fees and expenses charged by the qualified custodian are billed directly to you. We do
not receive any portion of such fees and expenses from you or the qualified custodian. In addition,
you will incur certain charges imposed by third parties other than our firm in connection with
investments made through your account including, but not limited to, mutual fund fees and
expenses, surrender charges, IRA and qualified retirement plan fees, and charges imposed by the
qualified custodian(s) of your account. Management fees charged by our firm are separate and
distinct from the fees and expenses charged by investment company securities recommended to
you. A description of these fees and expenses are available in each investment company security’s
prospectus.

Financial Planning & Consulting:

We charge on an hourly or flat fee basis for financial planning and consulting services. The total
estimated fee, as well as the ultimate fee that we charge you, is based on the scope and complexity of
our engagement with you. Our hourly fee is $250. Our flat fees generally range from $1,500 to
$10,000.

We require a retainer of fifty-percent (50%) of the ultimate financial planning or consulting fee with
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Item 7: Types of Clients & Account Requirements

We have the following types of clients:
   • Individuals and High Net Worth Individuals;
   • Trusts, Estates or Charitable Organizations;
   • Corporations, Limited Liability Companies and/or Other Business Types

We do not have requirements for opening and maintaining accounts or otherwise engaging us.