Perryman Financial Advisory Inc

Item 5        Fees and Compensation

Assets Under Management- Portfolio Management Program Fee Schedule
Assets Under Management                           Annualized Fee

$ 0 to $ 500,000                          1.50%

$ 500,001 to $1,500,000                   1.00%

$1,500,001 to $3,000,000                  0.75%

Over $3,000,000                           0.50%

Our account minimums and fees are negotiable when your portfolio size falls outside our published fee
brackets or in other situations we deem appropriate in our sole discretion. Portfolio Management fees
will be directly deducted from your account at the custodian, monthly or quarterly in arrears, based
on the value of the account at the end of the previous month or quarter, within thirty (30) days following
the end of the month or quarter. Our fees are based on the percentages listed in the Fee Schedule on
the ending account market values based on the previous calendar month or quarter custodial
statement. Fees for accounts opened mid-month or mid-quarter will be assessed pro-rata based upon
the number of calendar days in the calendar month or quarter that the Agreement went into effect.
Fees will be adjusted for asset inflows and outflows made during the month/quarter. We do not charge
advisory fees on cash or money market deposit accounts held in client accounts. Our fee schedule is
our standard fee schedule. Client’s actual fee may vary depending on their specific portfolio. The fee
schedule may be negotiated with the Client on a case-by-case basis. Fees are calculated by
multiplying the assets under management market value by the relevant percentage and dividing such
product by four (4) or twelve (12).

Either party can terminate the Portfolio Management Agreement at any time and for any reason, upon
thirty (30) days' written notice to the other party. Upon notice of termination, we will await further
instructions from you as to what steps you request to liquidate and/or transfer the portfolio and remit
the proceeds. Upon instructions received, we will instruct broker-dealers, mutual fund sponsors, and
others to liquidate and/or transfer the portfolio and remit proceeds back to you or a designated third
party. A refund of any unearned Portfolio Management Fee will be made on a prorated basis from the
time of termination.

We aggregate accounts to receive the breakpoints, then allocate the respective fees to each
appropriate account. All accounts for members of your family (husband, wife, and dependent
children) or related businesses will be assessed fees based on the total balance of all accounts, e.g.,
per household.

ERISA Accounts, Profit Sharing 401(k), SEP’s:
We also have other retirement accounts which are subject to ERISA rules and regulations. In all cases
an “eligible investment advice arrangement” or advisory agreement will be executed with the Client.
We will be considered a “fiduciary advisor” and will charge fees to the retirement account.

Retirement Accounts – DOL Disclosure:
We are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act of
1974 (“ERISA”) and/or the Internal Revenue Code (“Code”), as applicable, when we provide
investment advice regarding portfolio assets held in an IRA, Roth IRA, Archer Medical Savings
Account, a Plan covered by ERISA, or a plan described in Section 4975(e)(1)(A) of the Code
(collectively referred to collectively sometimes herein as (“Retirement Accounts”).

To ensure that Perryman Financial adheres to fiduciary norms and basic standards of fair dealing, we
are required to provide advice in the "best interest" of the retirement client. The best interest standard
has two chief components: prudence and loyalty. Under the prudence standard, our advice must
meet a professional standard of care, and under the loyalty standard, our advice must be based on
the interests of our retirement clients rather than the potential competing financial interests of
Perryman Financial.

To address the conflicts of interest with respect to our compensation, we are required to act in your
best interest and not put our interests ahead of yours. To this end, we must:

   •   Meet a professional standard of care when making investment recommendations (give
       prudent advice).
   •   Never put our financial interests ahead of yours when making recommendations (give loyal
       advice).
   •   Avoid misleading statements about conflicts of interest, fees, and investments.
   •   Follow policies and procedures designed to ensure that we give advice that is in your best
       interest.
   •   Charge no more than is reasonable for our services; and
   •   Give you basic information about conflicts of interest.

Financial Planning Fee Schedule:
Our financial planning fee depends on the scope, complexity, and work to be performed by our Firm.
Financial planning fees are charged at an hourly rate of $200 to $300, depending on the extent to
which specialized knowledge and experience are required. Prior to any engagement, we will state the
hourly rate to be used and estimate the time required to complete the analysis. We modify the estimate
if you subsequently change the scope or nature of the analysis.

In situations where a comprehensive written financial plan is recommended or requested, we charge
a fixed fee. Our fee range for a comprehensive plan is $5,000 to $10,000, depending on the plan's
complexity. Twelve (12) months after the presentation of the initial financial plan, a fixed-fee retainer
will be assessed on a monthly or quarterly basis for the implementation and ongoing updates to the
initial financial plan. The retainer arrangement will remain in effect unless otherwise terminated by
either party upon 30 days’ written notice.

We will collect one-half of the estimated fees at the time the engagement begins and will invoice you
for the balance at the time the completed analysis is presented, and will be due upon your receipt of
an invoice.
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Item 7        Types of Clients

Client Base:
Our customer base consists of individuals, high-net-worth individuals, trusts, estates, charitable
organizations, corporations, and pension and profit-sharing plans. These are the types of clients that
we service.

Conditions for Account Management:
We have imposed a minimum account size of $250,000 in assets to be managed by us. We will
aggregate related accounts in the same household to meet account minimums. We can make an
exception to this minimum from time to time based on individual factors.

For those with $500,000 or greater of assets under management, the comprehensive financial plan
process will be included as part of our portfolio management fees and will continue for the term of
your relationship with our Firm. We reserve the right to negotiate the financial planning and analysis
fees.