Longview Asset Management LLC

ITEM 5: FEES AND COMPENSATION

Forms of payment are based on the types of services being provided, term of service, etc., and will be
stated in the engagement agreement with our firm. Published fees may be discounted at our firm’s
discretion but they are not negotiable.

Payment requests for advisory fees will be preceded by our firm’s invoice, and fees paid to our firm will
be noted in account statements received from the custodian of record and/or the plan’s third-party
administrator.

Fees may be paid by check or draft from US-based financial institutions or electronic transfer. Our firm
does not accept cash, money orders or similar forms of payment for its engagements.

Method of Compensation and Fee Schedule
Hourly Fee

We may be engaged for limited plan consultations under an hourly fee arrangement, such as a general
assessment of your current plan. The rate is $250 per hour; billed in 10-minute increments and a partial
increment (e.g., six minutes) is treated as a whole increment. Prior to entering into an agreement with our
firm the client will receive an estimate of the overall cost based on their requirements and the time
involved. Payment is due upon delivery of firm invoice which coincides with the presentation of the plan
and/or advice. An hourly engagement lasting more than one month may be billed at the end of each
month for time incurred during that period.

Asset-Based Fee

LongView is compensated for its investment management services via an annualized asset- based fee that
will be calculated based on the reporting period ending value of the total plan assets maintained at the
plan’s custodian of record (e.g., the last market day of the quarter). Our fee is based on a straight tier; all
accounts are charged a single percentage rate that declines at as asset levels increase. Fees will be
assessed quarterly, in arrears, per the following table.

                 Assets under Management                        Annualized Asset-Based Fee
                 $0 - $500,000                                            0.50%
                 $500,001 - $2,000,000                                    0.40%
                 $2,000,001 - $3,000,000                                  0.30%
                 $3,000,001 - $5,000,000                                  0.25%
                 $5,000,001 - $10,000,000                                 0.20%
                 $10,000,001 - Above                                Customized Schedule

                *We assess an additional 15 bps per annum if we serve as an ERISA § 3(38) to the plan.

Accounts will be assessed in accordance with asset values disclosed on the statement the plan sponsor
and/or plan participant receives from the custodian of record and/or third-party administrator for the
purpose of verifying the computation of the advisory fee.

In the rare absence of reportable market values, our firm may seek a third-party opinion from a
recognized industry source (e.g., unaffiliated public accounting firm), and the plan sponsor may choose to
separately seek such an opinion at its own expense as to the valuation of “hard-to-price” securities if
necessary.

The first billing cycle will begin once the agreement is executed and plan assets have settled into the
account held by the plan’s custodian of record. Fees for partial billing cycles will be prorated based on the
remaining days in the reporting period. Advisory fee payments will generally be assessed within the first
10 calendar days of each billing cycle.

Written authorization is required in order for the custodian of record to deduct advisory fees from an
account. By signing our firm’s client services agreement, as well as the selected custodian account
opening documents, the plan sponsor and/or plan participant will be authorizing the withdrawal of both
advisory and transactional fees from an account. The withdrawal of these fees will be accomplished by
the plan’s custodian of record at the request of our firm or the plan’s third-party administrator, and those
fees will be noted on account statements that the plan sponsor/plan participants receive from the account
custodian.

Alternatively, the plan sponsor may choose to directly compensate our advisory firm for its services. Our
valuation assessment will remain the same as earlier described, and our payment must be received within
10 days of our invoice.

Retainer Fee
Upon concurrence of LongView and the plan sponsor, our firm may be engaged for its retirement plan
services under a retainer fee arrangement. Retainer fees range from $2,500 to $20,000 per year; paid in
equal quarterly installments, in arrears. The fee will be based on the complexity of the plan’s issues and
the anticipated number of hours estimated to provide the requested services.

The first quarter’s fee is due upon execution of the engagement agreement, and the remaining portion is
paid in equal quarterly installments thereafter until the end of the 12-month period. Note that the retainer
fee is due within the first 10 days of each billing period. The fee will remain in effect for successive 12-
month periods unless the engagement is amended or terminated. Subsequent years’ fees may increase or
be reduced, and will be determined by the complexity of the engagement and services provided.

Potential Additional Fees
Unless offset by the plan sponsor or investment manager, any transactional or service fees (sometimes
termed brokerage fees), retirement plan fees, account termination fees, or wire transfer fees will be borne
by the account holder per the fee schedule of the custodian of record and/or third-party administrator.
Fees paid to our firm for our advisory services are separate from any of these fees or other similar
charges. Our advisory fees are also separate from any internal fees or other charges associated with
mutual funds or other similar investment assessments.
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ITEM 7: TYPES OF CLIENTS
LongView provides plan advice and support to sponsors of pension and profit sharing plans and their plan
participants. We do not require minimum income, asset levels or other similar preconditions for our
engagements. We may decline services to any prospective client when we believe it is appropriate to do
so.