Maderer Keith Daniel

Item 5 - Fees and Compensation
   Fee Description
       SENIOR Financial and Tax Associates bases its fees on a percentage of assets
       under management, fixed advisory fees and may charge hourly fees when
       appropriate.

       Financial plans are priced according to the degree of complexity associated
       with the client’s situation. Fees are not negotiable.

       Hourly Engagement Fees may be used in instances where there will be a
       limited scope of engagement with the client and are billed at $200/hour.

       Personal Financial Advisory Service Fees are calculated according to the
       following chart and are based on income, net worth and marital status.

       Annual Investment Management Service Fees are based on a percentage
       of the investable assets according to the following schedule:

                1.5% on the first $100,000
                1.2% on the next $400,000 (from 100,001 to 500,000); and
                1.0% on the next $500,000 (from 500,001 to 1,000,000); and
                0.8% on the assets above $1,000,000.

       The minimum annual fee is $3,300 and is not negotiable, but special
       arrangements may be allowed on an individual basis. Current client
       relationships may exist where the fees are higher or lower than the fee
       schedule above.

   Fee Billing
       Investment management fees are billed quarterly, in arrears, meaning that we
       invoice you after the three-month billing period has ended. Payment in full is

                          SENIOR Financial & Tax Associates

    expected upon invoice presentation. Fees can be deducted from a designated
    client account to facilitate billing. The client must consent in advance to direct
    debiting of their investment account.

    Fees for financial plans are billed 50% in advance, with the balance due upon
    delivery of the financial plan.

Other Fees
    Custodians may charge transaction fees on purchases or sales of certain
    mutual funds and exchange-traded funds. These transaction charges are
    usually small and incidental to the purchase or sale of a security. The selection
    of the security is more important than the nominal fee that the custodian
    charges to buy or sell the security.

    SENIOR Financial and Tax Associates, in its sole discretion, may waive its
    minimum fee and/or charge a lesser investment advisory fee based upon
    certain criteria (e.g., historical relationship, type of assets, anticipated future
    earning capacity, anticipated future additional assets, dollar amounts of assets
    to be managed, related accounts, account composition, negotiations with
    clients, etc.).

    New Advisory Service Agreement fees are calculated on a formula basis and
    adjusted for complexity of individual situations. The formula is based on gross
    income, gross assets and other financial considerations.

Expense Ratios
   Mutual funds generally charge a management fee for their services as
   investment managers. The management fee is called an expense ratio. For
   example, an expense ratio of 0.50 means that the mutual fund company
   charges 0.5% for their services. These fees are in addition to the fees paid by
   you to SENIOR Financial and Tax Associates.

    Performance figures quoted by mutual fund companies in various publications
    are after their fees have been deducted.

Past Due Accounts and Termination of Agreement
    SENIOR Financial and Tax Associates reserves the right to stop work on any
    account that is more than 30 days overdue. In addition, SENIOR Financial and
    Tax Associates reserves the right to terminate any financial planning
    engagement where a client has willfully concealed or has refused to provide
    pertinent information about financial situations when necessary and
    appropriate, in SENIOR Financial and Tax Associate’s judgment, to providing
    proper financial advice. Any unused portion of fees collected in advance will
    be refunded within 30 days after termination.

                        SENIOR Financial & Tax Associates

Item 7 - Types of Clients
   Description
      SENIOR Financial and Tax Associates generally provides investment advice to
      individuals, pension and profit-sharing plans, trusts, estates, or charitable
      organizations, corporations, or other business entities.

       Client relationships vary in scope and length of service.

   Account Minimums
      The minimum account size is $250,000 of assets under management, which
      equates to an annual fee of $3,300.

       When an account falls below $250,000 in value, the minimum annual fee of
       $3,300 is charged. Depending upon circumstances, SENIOR Financial and
       Tax Associates may make special arrangements with a client if assets have
       diminished significantly below $250,000.

       SENIOR Financial and Tax Associates has the discretion to waive the account
       minimum. Accounts of less than $250,000 may be set up when the client and
       the advisor anticipate the client will add additional funds to the accounts
       bringing the total to $250,000 within a reasonable time. Other exceptions will
       apply to employees of SENIOR Financial and Tax Associates and their relatives,
       or relatives of existing clients.

       Clients receiving ongoing asset management services will be assessed a
       $3,300 minimum annual fee. Clients with assets below the minimum account
       size may pay a higher percentage rate on their annual fees than the fees paid
       by clients with greater assets under management.

                          SENIOR Financial & Tax Associates