Mountain Hill Investment Partners

Fees and Compensation

MHIP charges management fees for its discretionary investment advice and advisory services. Fees
are based on assets under management and are charged quarterly in advance. The custodian deducts
fees directly from the account. The client’s specific fee is set forth in our Investment Advisory
Agreement. The schedule of fees shall be applied to the fair market value of the assets based on
the average daily balance of the account in any given quarterly period. Clients are billed on a
quarterly basis.

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                                                          Mountain Hill Investment Partners Corp.

In certain situations, MHIP’s fees may be negotiable. MHIP’s fee covers MHIP’s investment
advisory services and advice, as well as charges for custody of account assets and account reporting.
Other potential transaction fees are separate from MHIP’s fees and will be disclosed by Fidelity
Brokerage Services LLC (the custodian). If mutual funds, index funds or exchange traded funds
are used in a client’s account, the client will pay separately incurred expenses imposed directly by
the mutual fund or exchange-traded funds which are disclosed in the funds’ prospectuses.

At times we may provide advice on assets not held at our firm. We charge a fee for our time at an
hourly rate or flat fee basis. This fee is based on the scope and complexity of our engagement with
the client and will be determined on a case-by-case basis. A potential client is provided with an
investment advisory agreement outlining the services and fee prior to engagement.

MHIP may have employees that are licensed to offer insurance products. These products typically
have fees that are shared with our firm in the form of compensation. This practice presents a
conflict of interest and gives any such employee, and MHIP, an incentive to recommend insurance
products based on the compensation received, rather than based on a client’s needs. MHIP
addresses this conflict by ensuring that, as a fiduciary, a potential client has a reasonable need for
an insurance product and that we always act in the client’s best interest. MHIP, or its relevant
employee(s), will disclose this potential conflict of interest to any potential client that it is offering
such insurance products to.

As compensation for the services that MHIP provides to 401(k) plan participants, the plan, or the
company sponsor of said plan, pays MHIP a quarterly fee based upon the value of the plans assets.

Performance‐Based Fees and Side‐by‐Side Management

MHIP does not charge performance-based fees.

Types of Clients

MHIP provides investment advisory services to:
                 •   Families
                 •   Individuals
                 •   Corporations or business entities
                 •   Trusts
                 •   Corporate 401k plans
                 •   Estates

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                                                          Mountain Hill Investment Partners Corp.

 Methods of Analysis, Investment Strategies and Risk of Loss
 MHIP is focused on capital appreciation, preservation, and risk management. We utilize asset
 allocation strategies focused on our client’s specific investment objectives.

           •   We leverage our Wall Street relationships to understand trends and forecasts.

           •   Our analytics help us to select investments that we believe have favorable
               risk profiles.

           •   We take a fundamental and technical approach to building investment portfolios.

           •   MHIP has several Investment Strategies:

               □ The RJJ Portfolio- long term equity, risk weighted, low beta.

               □ Portfolio protection through option writing / covered calls.

               □ Risk Weighted Models- Mutual funds, index funds and exchange traded funds are
                 utilized to give risk-based exposure whether it’s conservative, balanced, moderate
                 or aggressive.

Investing in securities involves a risk of loss that clients should be prepared to bear. Material risks
involved in investing with MHIP include, but are not limited to the following:

Market Risk – All securities are subject to market risk. The value of the securities held by a client
may rise or fall rapidly or unpredictably due to a variety of factors, including changing economic,
political or market conditions.

Equity Securities Risk – To the extent a client’s account invests in equity investments (i.e., stocks), a
particular stock, an industry or stocks in general may rise or fall in value. The value of a client’s
account will go up and down with the prices of the securities in which the account invests. The
prices of stocks change in response to many factors, including the historical and prospective earnings
of the issuer, the value of its assets, management decisions, decreased demand for an issuer’s
products or services, increased production costs, general economic conditions, interest rates,
currency exchange rates, geopolitical risks investor perceptions and market liquidity.

Mutual Fund/Index Fund/Exchange Traded Fund Risk – As a shareholder of a mutual fund, index
fund or exchange traded funds (“ETFs”), clients bear their proportionate share of the fund’s fees and
expenses. As a result, a client’s cost of investing may be higher than investment strategies that invest
directly in stocks. In addition, a client’s investments in these funds are subject to the risks described
in the fund’s prospectuses, which MHIP urges the client to read.

Risks Associated with Options on Securities – There are several risks associated with transactions in
options on securities. For example, there are significant differences between the securities and
options markets that could result in an imperfect correlation between these markets, causing a given
transaction not to achieve its objectives. A decision as to whether, when and how to use options
involves the exercise of skill and judgment, and even a well-conceived transaction may be

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                                                            Mountain Hill Investment Partners Corp.

unsuccessful to some degree because of market behavior or unexpected events. As the writer of a
covered call option, a client forgoes, during the option's life, the opportunity to profit from increases
in the market value of the security covering the call option above the sum of the premium and the
strike price of the call but has retained the risk of loss should the price of the underlying security
decline. The writer of an option has no control over the time when it may be required to fulfill its
obligation as a writer of the option. Once an option writer has received an exercise notice, it cannot
affect a closing purchase transaction in order to terminate its obligation under the option and must
deliver the underlying security at the exercise price. If a put or call option purchased by a client is
not sold when it has remaining value, and if the market price of the underlying security remains equal
to or greater than the exercise price (in the case of a call) or remains less than or equal to the exercise
price (in the case of a put), the client will lose its entire investment in the option. Also, where a put
or call option on a particular security is purchased to hedge against price movements in a related
security, the price of the put or call option may move more or less than the price of the related security.
There can be no assurance that a liquid market will exist when a client seeks to close out an option
position. If trading were suspended in an option purchased by a client, the client would not be able to
close out the option. If restrictions on exercise were imposed, a client might be unable to exercise
an option it has purchased. If a client were unable to close out an option that it had purchased on a
security, it would have to exercise the option in order to realize any profit or the option may expire
worthless. If a client were unable to close out a covered call option that it had written on a security,
it would not be able to sell the underlying security unless the option expired without exercise.