Seabird Financial Corporation

Item 5 – Fees and Compensation
Investment Management Fees

The Adviser is compensated for investment management services based on a client’s
assets under management. Fees are paid quarterly in advance and are negotiable. Fees
generally range from 0.25% to 1.50% annually, based on client’s assets under
management, as well as the range and complexity of the services provided. Advisory
clients should note that fees for comparable services vary and lower or higher fees for
comparable services may be available from other sources.

Fees are due on the first day of the calendar quarter and are based on the account’s asset
value as of the last business day of the prior calendar quarter. Fees are prorated for
accounts opened during the quarter. The Adviser invoices clients or deducts fees directly
from client accounts.

The account custodian may charge fees, which are in addition to and separate from
advisory fees. Accounts may incur transaction costs, retirement plan administration fees,
mutual fund annual expenses and other fees. Clients should note that fees for comparable
services vary and lower or higher fees may be charged by different providers for similar
services.

Clients will have a period of five (5) business days from the date of signing an advisory
agreement to unconditionally rescind the agreement and receive a full refund of all fees.
Thereafter, either party may terminate the advisory agreement with 30-days written notice.
Upon termination, fees will be prorated to the date of termination, and the unearned portion
will be refunded.

Receipt of Additional Compensation

Neither the Adviser nor any supervised person is associated with any broker dealer or
accepts compensation for the sale of securities or other investment products, including
asset-based sales charges or service fees from the sale of mutual funds.

Item 7 – Types of Clients
The Adviser provides advisory services to:

      Individuals – Trusts, estates, 401(k) plans and IRAs of a household count as one
       individual.

      High net worth individuals – Individuals who are “qualified clients” under rule 205-
       3 of the Advisers Act of 1940 or “qualified purchasers”.

      Pension/profit sharing plans

      Other investment advisers

Account Minimums

The Adviser does not impose a minimum account requirement on clients.