Ramsay Stattman Vela & Price Inc

Item 5     Fees and Compensation

                       INVESTMENT SUPERVISORY SERVICES ("ISS")
                       INDIVIDUAL PORTFOLIO MANAGEMENT FEES

The annualized fee for Investment Supervisory Services are charged as a percentage of assets
under management, according to the following schedule:

Assets Under Management            Annual Fee

First $1,000,000                   1.25%
$1,000,000 - $2,000,000            0.7%
Over $2,000,000                    Negotiable

Our fees are billed quarterly, in advance, based upon the value (market value or fair market
value in the absence of market value), of the client's account at the end of the previous
quarter. Our fee can either be directly debited from the client’s account in accordance with
the written client authorization or the client can be billed directly.

RSVP does not require a minimum dollar amount of assets for the establishment or
maintenance of a portfolio management account. However, a minimum annual fee of $3,000 is
charged regardless of the size of the account. The minimum annual fee may be negotiable
under certain circumstances. We request a minimum account size of $500,000, as smaller

accounts often have difficulty in achieving superior investment performance and adequate
diversification.

All accounts are to be discretionary except in special circumstances which prohibit or make it
less desirable to assign discretionary authority. In those cases, a 15% surcharge may be
added to the regular account fee.

                                 SUB-ADVISORY SERVICE FEES

ANB Financial Services pays RSVP an annual fee for the portfolio management services it
provides to client accounts. Our fee is based on a percentage of the client’s managed assets
and is negotiable under certain circumstances based on the nature and complexity of the work
required to manage each account. The fee ANB Financial Services pays to RSVP does not
increase the fee the client ultimately pays to ANB Financial Services.

                                    GENERAL INFORMATION

Limited Negotiability of Advisory Fees: Although RSVP has established the aforementioned
fee schedules, we retain the discretion to negotiate alternative fees on a client-by-client basis.
Client facts, circumstances and needs are considered in determining the fee schedule. These
include the complexity of the client, assets to be placed under management, anticipated future
additional assets; related accounts; portfolio style, account composition, reports, among other
factors. The specific annual fee schedule is identified in the contract between the adviser and
each client.

We may group certain related client accounts for the purposes of determining the annualized
fee.

Discounts, not generally available to our advisory clients, may be offered to family members
of associated persons of our firm.

Termination of the Advisory Relationship: A client may terminate their agreement within five
days of execution without penalty. After that, the agreement may be terminated at any time by either
party. Upon termination, unearned fees will be refunded on a pro-rated basis. The agreement may
be canceled for any reason upon receipt of written notice. As disclosed above, certain fees are
paid in advance of services provided. Upon termination of any account, any prepaid,
unearned fees will be promptly refunded. In calculating a client’s reimbursement of fees, we
will pro rate the reimbursement according to the number of days remaining in the billing
period.

Mutual Fund Fees: All fees paid to RSVP for investment advisory services are separate and
distinct from the fees and expenses charged by exchange-traded funds (ETFs) and/or mutual
funds to their shareholders. These fees and expenses are described in each fund's prospectus.
These fees will generally include a management fee, other fund expenses, and a possible
distribution fee. If the fund also imposes sales charges, a client may pay an initial or deferred
sales charge. A client could invest in a mutual fund directly, without our services. In that case,
the client would not receive the services provided by our firm which are designed, among

other things, to assist the client in determining which mutual fund or funds are most
appropriate to each client's financial condition and objectives. Accordingly, the client should
review both the fees charged by the funds and our fees to fully understand the total amount of
fees to be paid by the client and to thereby evaluate the advisory services being provided.

Additional Fees and Expenses: In addition to our advisory fees, clients are also responsible
for the fees and expenses charged by custodians and imposed by broker dealers, including,
but not limited to, any transaction charges imposed by a broker dealer with which an
independent investment manager effects transactions for the client's account(s). Please refer
to the "Brokerage Practices" section (Item 12) of this Form ADV for additional information.

Grandfathering of Account Requirements: Pre-existing advisory clients are subject to
RSVP's minimum account requirements and advisory fees in effect at the time the client
entered into the advisory relationship. Therefore, our firm's minimum account requirements
will differ among clients.

ERISA Accounts: RSVP is deemed to be a fiduciary to advisory clients that are employee
benefit plans or individual retirement accounts (IRAs) pursuant to the Employee Retirement
Income and Securities Act ("ERISA"), and regulations under the Internal Revenue Code of
1986 (the "Code"), respectively. As such, our firm is subject to specific duties and obligations
under ERISA and the Internal Revenue Code that include among other things, restrictions
concerning certain forms of compensation. To avoid engaging in prohibited transactions,
RSVP may only charge fees for investment advice about products for which our firm and/or
...

Item 7     Types of Clients

RSVP provides advisory services to the following types of clients:

   •   Individuals (other than high net worth individuals)
   •   High net worth individuals
   •   Trusts
   •   Estates
   •   Corporations

   •   Banking or thrift institutions
   •   Pension and profit sharing plans (other than plan participants)
   •   Charitable organizations