Sequoia Planning & Investments LLC

Item 5: Fees and Compensation
 Please refer to the discussion about our fees under Item 4.

Cancellation and Termination of Agreements

 You may cancel a new advisory agreement without penalty by providing written notice of
 such cancellation to us within five (5) business days of the date of signing the agreement.
 Thereafter, either party may terminate the agreement without penalty upon notice in writing to
 the other party. Upon termination of any account, any prepaid, unearned fees will be promptly
 refunded, with the refund calculations based pro rata to the date of termination. Termination
 of an agreement will not affect: (a) the validity of any action previously taken by us under the
 agreement; liabilities or obligations of the parties from transactions initiated before
 termination of the agreement; or your obligation to pay advisor fees (prorated through the date
 of termination). Upon the termination of the agreement, we will not possess any obligation to
 recommend or take any action with regard to the securities, cash, or other investments in your
 account.

Item 7: Types of Clients
 We provide investment advice primarily to individuals and their families, including high net
 worth individuals, and trusts. We also may provide investment advice to pension and profit-
 sharing plans and plan participants as well as foundations and other institutions, and to
 business entities.