Revere Asset Management Inc

Item 5 - Fees and Compensation

RAM is compensated for its advisory services as listed below:

Advisory Fee:

The Assets Under Management fee for managing the Account(s) shall be a percentage based on assets
under management based on the following tiered schedule:

Assets Under Management           Annual Tiered Fee

$100,000 – $500,000               1.4%

$500,001 - $1,000,000             1.2%

$1,000,001 - $3,000,000           1.0%

$3,000,001 – up                   0.8%

*Fixed Income Only Accounts: 0.2% to 0.5%

**with limited exceptions at the discretion of the advisor.

Fees are based on scope of work, investment advice, services provided, size and complexity of account(s)
and portfolio strategies selected.

The client pays RAM for its investment management services based upon the client’s assets under
management. Fees are calculated by multiplying the assets under management as computed on the last
day of the previous quarter ended by the relevant percent and dividing such product by four (4). Accounts
opened in mid-quarter will be assessed at a pro-rated management fee. Fees are payable quarterly, in
advance, and fees may be deducted from client's account(s) quarterly within thirty (30) days following the
end of the quarter for which said fees will be incurred. Fees for the initial quarter will be adjusted prorata
based upon the number of calendar days in the calendar quarter that the relationship goes into effect.

Fees are subject to change with an amendment to the existing agreement or a new agreement and with 30
days’ written notice. Fees are negotiable at the sole discretion of RAM. Certain clients of RAM with pre-
existing relationships may initially be charged fees which are less than those set out above. With regards
to employee-related accounts and certain other accounts, the quarterly fees may be less, depending upon
a number of factors, including portfolio size, length of employment and relationship to the employee.

The section referred to as “Brokerage Practices” further describes the factors that we consider in selecting
or recommending broker-dealers for transactions and determining the reasonableness of their
compensation (e.g., commissions).

Sub-Advisory relationship (Legacy Harbor): RAM shall pay Legacy Harbor a quarterly fee based on the
advisory fees charged by the advisor as follows: up to 5mm, 40%, 5mm and above, 50%: Total fees charged
by both parties will be as stated in the agreement signed and not exceed 1.4% of assets under management
per year.

Termination

The relationship may be terminated by either party upon 30 days written notice. The Client will be entitled
to a pro rata refund of any unearned pre-paid quarterly fee based upon the number of days remaining in
the quarter after the 30-day termination date. Fees will be deposited into the client’s account, or a check
will be issued.

Additional Fees and Expenses

We rarely use mutual funds, but to the extent mutual funds are selected to fill components of the overall
investment strategy, the annual advisory fee set forth above does not include the customary fees and
expenses associated with investing in mutual funds or other costs of establishing and maintaining an
account with mutual funds including Rule 12b-1 fees and expenses. The client is advised that, in addition
to the annual advisory fee set forth above, each mutual fund in which assets are invested will incur separate
investment advisory fees and other expenses for which Client will bear a proportionate share.

Advisory fees payable to us do not include the potential fees you could pay when we purchase or sell
securities for your Account(s). Trade executions are now “free” because the custodians sell the order flow
rather than charging a transaction fee or commission. Therefore, comparing the time stamp of the trade
executions to the client order fill price determines the quality of execution. The following list of fees or
expenses, however, is what you might pay to the custodian directly or to third parties, for certain
transactions, whether a security is being purchased, sold or held in your Account(s) under our management.
We monitor these fees ongoing for reasonableness. These fees are charged directly by the broker dealer /
custodian.

We do not receive, directly or indirectly, any of these fees charged to you. The fees could include:
   • Brokerage commissions;
   • Transaction fees;
   • Exchange fees;
   • SEC fees;
   • Advisory fees and administrative fees charged by Mutual Funds (MF), Exchange Traded Funds
       (ETFs);
   • Advisory fees charged by sub-advisers (if any are used for your account);
   • Custodial Fees;
   • Deferred sales charges (on MF or annuities);
   • Odd-Lot differentials;
   • Deferred sales charges (charged by MFs);
   • Transfer taxes;
   • Wire transfer and electronic fund processing fees;
   • Commissions or mark-ups / mark-downs on security transactions; and
   • Among others that may be incurred.

We are a “fee based” investment adviser. Dan Stewart has his insurance license, and he rarely sells
insurance products. However, if he decides to use an insurance product, it would be a no load, no
commission, no surrender penalty product that only charges a flat percentage fee between .25 and .85
based on the AUM with the average being .45. If insurance products (fee based only) are sold this will
create a conflict of interest as there may be an incentive for Mr. Stewart to recommend insurance products
based on the compensation received, rather than on the client’s needs. Notwithstanding such potential
conflict of interest, we address this issue by monitoring the appropriateness of insurance products as part
of your overall investment strategy. We utilize insurance products only when they are in your best interest
and after consulting with you regarding these products. This consultation includes disclosure of any
potential conflicts, in accordance with our fiduciary duty as your advisor.

Item 7 - Types of Clients

We provide our services to:

    •   Individuals, including high net worth individuals;
    •   Trusts, estates and charitable organizations;
    •   Pension and profit-sharing plans; and
    •   Corporations or other business entities.

Minimum Account Size

The minimum initial investment is $100,000.00 for management of accounts. Fees and account sizes are
subject to negotiation and may differ based on a number of factors, including, but not limited to, the amount
of assets and the number and range of supplemental advisory and client-related services.