Oakmont Investment Advisors Inc

Fees and Compensation
Description

      Asset Management Services

      Asset Management Fee for Sub-Advised Trading Strategies:

      In the event the client determines to engage OakTree Investment Advisors to provide
      investment management services, OakTree shall do so on a fee-only basis. If engaged,
      OakTree shall charge an annual investment management fee based upon a percentage of
      the market value of the assets being managed by OakTree. The investment management
      fee shall vary (0.30% - 0.75%) depending upon the market value of the assets under
      management and the type of investment management services to be rendered. The specific
      manner in which fees are charged by OakTree Investment Advisors is established in a
      client’s written agreement with OakTree Investment Advisors. The annual fee shall be
      prorated and paid quarterly, in arrears, based on the market value of the assets on the last
      day of the previous quarter, or the daily fee paid daily, all prorated around contributions
      and distributions over $10,000. No increase in the annual or daily fee shall be effective
      without prior written notification to the client.

      Asset Management Fee for Black Box Trader Strategy:

      As stated above, OakTree will offer direct management services to client accounts based
      upon research provided by Zach’s Investment Research. The annual fee for the Black
      Box Trader strategy will be 2% billed in arrears monthly based on the market value of the
      assets on the last day of the previous month. Fees will be deducted from the client’s
      managed account and paid directly to OakTree.

      General Information for Asset Management Fees:

      No increase in the annual or daily fees charged for our managed portfolios shall be effective
      without prior written notification to the client. OakTree Investment Advisors does not
      impose an account minimum for investment management services, except for model
      portfolios which shall have a minimum investment of $25,000, or as required by Sub-
      Advisor, OakTree Investment Advisors, in its sole discretion, may charge a lesser
      management fee based upon certain criteria (i.e. anticipated future earning capacity,
      anticipated future additional assets, dollar amount of assets to be managed, related
      accounts, account composition, pre-existing client, etc.) Accounts initiated or terminated

                                    OakTree Investment Advisors

        during a calendar quarter will be charged a prorated fee. Upon termination of any account,
        any earned, unpaid fees will be due and payable.

        Sub-Advisor Fees

        In a Sub Advisor relationship OakTree will charge an AUM Advisory fee of 0.75%, all
        fees charged by the Sub-Advisor will not be charged to the client and will be paid directly
        by OakTree. Client may be required to enter into an agreement directly with the Sub-
        Adviser.

Fee Billing

       OakTree Investment Advisors’ investment advisory agreement and/or the separate
       agreement with Broker-Dealer may authorize the Broker-Dealer to debit the client’s
       account for the amount of the OakTree’s investment management fee and to directly remit
       that management fee to the Registrant in accordance with required SEC procedures as
       follows: (1) OakTree Investment Advisors shall send to the client and Broker-Dealer at the
       same time, a bill showing the amount of the management fee, the value of the client’s assets
       on which the fee was based, and the specific manner in which the OakTree’s management
       fee was calculated; and (2) Broker-Dealer shall send to the client a statement, at least
       quarterly, indicating all amounts disbursed from the account including the amount of
       management fees paid directly to the OakTree Investment Advisors.

Other Fees

        OakTree Investment Advisors’ 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. Mutual funds and exchange traded
        funds also charge internal management fees, which are disclosed in a fund’s prospectus.
        Such charges, fees and commissions are exclusive of and in addition to OakTree
        Investment Advisors’ fee, and OakTree Investment Advisors shall not receive any portion
        of these commissions, fees, and costs.

Past Due Accounts and Termination of Agreement

        OakTree Investment Advisors reserves the right to stop work on any account that is more
        than 60 days overdue. Clients may terminate their agreement at any time by providing
        written notice.

                                      OakTree Investment Advisors

      Terminating clients will receive an itemized bill for the work completed to the date of
      termination.

Types of Clients
Description

      OakTree Investment Advisors provides portfolio management services to individuals,
      pension and profit-sharing plans, trust, estates, charitable organizations, corporations or
      business entities other than those listed above. Advice may extend to entities related to the
      client, such as small businesses and charitable organizations. Client relationships vary in
      scope and length of service. OakTree does not impose a minimum dollar value of assets
      or other condition for opening or maintaining an account.

Methods of Analysis, Investment Strategies and Risk of Loss