Oak Family Advisors LLC

Item 5 - Fees and Compensation

    Description
        Oak Family Advisors bases our fees on a percentage of assets under management.
        Fees are negotiable.

    Advisory Service Agreement
        The annual Advisory Service Agreement fee is based on a percentage of the
        investable assets and is negotiable. Although the Advisory Service Agreement is an
        ongoing agreement and constant adjustments are required, the length of service to
        the client is at the client’s discretion. The client or the investment manager may
        terminate an Agreement by written notice to the other party. At termination, fees will
        be refunded to the clients on a pro rata basis for the portion of the quarter remaining.
        The portfolio value at the completion of the prior full billing quarter is used as the basis
        for the fee computation, adjusted for the number of days during the billing quarter prior
        to termination.

    Investment Management Agreement
        Most clients choose to have us manage their investments pursuant to an Investment
        Management Agreement. The annual fee for an Investment Management Agreement
        is never more than 1% and is negotiable depending on the level of engagement (e.g.
        asset management, financial planning, etc.) as well as client-specific factors.
        As discussed in the Agreement, the Management Fee is billed on a quarterly basis, in
        advance, based upon the portfolio value as of the last day of the previous quarter as
        valued by the Custodian.

    Fee Billing
        Clients pay for investment management fees quarterly, in advance, meaning that we
        invoice you at the beginning of the three-month billing period based upon the portfolio
        value as of the last day of the previous quarter as valued by the Custodian.
        Payment in full is expected upon invoice presentation. The client must consent in
        advance to direct debiting of their investment account.
        There are two options you may select to pay for our services:
        •   Direct debiting (preferred): At the inception of the relationship and each quarter
            thereafter, we will notify your custodian of the amount of the fee due and payable
            to us through our fee schedule and contract. The custodian does not validate or
            check our fee or its calculation on the assets on which the fee is based. They will
            “deduct” the fee from your Account(s) or, if you have more than one account, from
            the account you have designated to pay our advisory fees.
                  o   Each month, you will receive a statement directly from your custodian
                      showing all transactions, positions and credits / debits into or from your
                      account; the statements after the quarter end will reflect these transactions,
                      including the advisory fee paid by you to Oak Family Advisors.
        •   Pay-by-check: At the inception of the Account and each quarter thereafter, we
            issue you an invoice for our services and you pay us by check or wire transfer
            within 15 days of the date of the invoice.

                                  OAK FAMILY ADVISORS, LLC

Other Fees
    Oak Family Advisors, 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 the complexity of individual situations. The formula is based on gross income, gross
    assets, and other financial considerations.

Transaction Costs
    Our fees are exclusive of brokerage commissions, transaction fees, and other related
    costs and expenses which shall be incurred by the client. Clients may incur certain
    charges imposed by custodians, brokers, third party investment and other third parties
    such as fees charged by managers, custodial fees, deferred sales charges, odd-lot
    differentials, transfer taxes, wire transfer and electronic fund fees, and other fees and
    taxes on brokerage accounts and securities transactions. See also Item 10 – Other
    Financial Industry Affiliations and Item 12 – Brokerage Practices for a description of
    additional compensation received either directly or indirectly by Oak Family Advisors
    and for a description of factors that Oak Family Advisors considers in selecting or
    recommending broker-dealers for client transactions, and determining the
    reasonableness of their compensation (e.g., commissions), and potential conflicts of
    interests related to certain affiliations.
    As a result of the above-mentioned activities, there is a conflict of interest in that there
    is an incentive for agents to recommend those securities which generate income for
    the agents, rather than on the client’s needs. We address our fiduciary duty by
    maintaining oversight of the agent’s securities activities and certain outside business
    activities. Such oversight includes the review of the agents’ securities business to
    ensure they consider their advisory client’s best interests. Clients are advised of these
    conflicts of interest in the disclosure documents, agreements and through consultation.
    Oak Family Advisors or any of its supervised persons do not accept compensation for
    the sale of securities or other investment products, including asset-based sales
    charges or service fees from the sale of mutual funds.

Expense Ratios
    When we deem it advisable, as part of achieving the optimal after-tax, after expense
...

Item 7 - Types of Clients

     Description
         Oak Family Advisors provides investment advice mainly to:
             •   Individuals
             •   trusts
             •   estates
             •   pension and profit-sharing plans
             •   charitable organizations
             •   corporations and business entities.
         Client relationships vary in scope and length of service.

     Account Minimums
         The Firm does not have a minimum account size but does have a minimum annual
         fee of $1,000.00.
         We have the discretion to waive the account fee minimum. Account fees of less than
         $1,000.00 may be set up when the client and the advisor anticipate the client will add
         additional funds to the accounts bringing the total to the minimum fee within a

                                 OAK FAMILY ADVISORS, LLC

          reasonable time. Other exceptions will apply to employees of the Firm and their
          relatives, or close relatives of existing clients.
          Clients receiving ongoing asset management services will be assessed a $1,000.00
          minimum annual fee. Clients with assets below a certain account size may pay a
          higher percentage rate on their annual fees than the fees paid by clients with greater
          assets under management.