Shadowridge Asset Management LLC

Item 5: Fees and Compensation
 Method of Compensation and Fee Schedule
  Shadowridge bases its fees on a percentage of assets under management. Clients may
  terminate advisory services with ten (10) days written notice. Billing for services will stop
  once custodian transfer is completed. The firm will deliver an invoice for services rendered
  from clients' notice of termination if required by state law. Client shall be given thirty (30)
  days prior written notice of any increase in fees, and client will acknowledge, in writing, any
  agreement of increase in said fees.
  ASSET MANAGEMENT
  Shadowridge offers discretionary direct asset management services to advisory clients.
  *Fees for these services will be based on a percentage of Assets Under Management depending on
  with which custodian the assets are held, as outlined below.
  Axos and Nationwide:
       Assets Under Management                    Annual Fee            Quarterly Fee
      $0 - $500,000                                1.75%                    0.5000%
      $500,001-$1,000,000                          1.50%                    0.3750%
      $1,000,001 - $2,500,000                      1.25%                    0.3125%
      $2,500,001 - $5,000,000                      1.00%                    0.2500%
      $5,000,001 - $10,000,000                     0.80%                    0.2000%
      $10,000,001 - $20,000,000                    0.60%                    0.1500%
      Over $20,000,001                             0.50%                    0.1250%

  The annual fee may be negotiable and may be reduced for combined household accounts.
  Accounts within the same household may be combined for a reduced fee. Fees are payable
  quarterly in arrears and calculated based on the average daily balance of the account(s)
  during the quarter. Quarterly advisory fees deducted from the clients account by the
  custodian will be reflected on the quarterly statement and in the invoice provided to the
  client by Shadowridge. If the agreement is terminated during any given quarter,
  Shadowridge will be entitled to a pro rata fee for the days service was provided in the final
  quarter.
  If Shadowridge hires a sub-advisor, there is no additional cost to the client. The fees to the
  sub- advisor will be paid by Shadowridge from the fees they charge the client.
  Fee Dispersion

                               Shadowridge Asset Management, LLC

   Shadowridge, in its discretion, may charge a lesser or higher investment advisory fee, charge
   a flat fee, waive appliable minimum asset or minimum fee levels, waive its fee entirely, or
   charge fee on a different interval, based upon certain criteria (i.e. anticipated future earning
   capacity, anticipated future additional assets, dollar amount of assets to be managed, related
   accounts, account composition, complexity of the engagement, anticipated services to be
   rendered, grandfathered fee schedules, employees and family members, courtesy accounts,
   competition, negotiations with client, etc.).
   As result of the above, similarly situated clients could pay different fees. In addition, similar
   advisory services may be available from other investment advisers for similar or lower fees.
ALTRUIST FINANCIAL LLC ASSET MANAGEMENT
        Assets Under Management             Maximum Annual Fee           Monthly Fee
       All account values                         1.50%                    0.125%
   When using Altruist as a custodian, Shadowridge will use the above fee schedule. The annual
   fee may be negotiable. Fees are payable monthly in arrears and calculated based on the
   average daily balance of the account(s) during the month. Monthly advisory fees deducted
   from the client’s account by the custodian will be reflected on the quarterly statement and in
   the invoice provided to the client by the custodian. Clients may terminate their account within
   five (5) business days of signing the Investment Advisory Contract for a full refund. Clients
   may terminate their account within five (5) business days of signing the Investment Advisory
   Contract for a full refund. Clients may terminate advisory services with ten (10) days written
   notice. Billing for services will stop once custodian transfer is completed. The firm will deliver
   an invoice for services rendered from clients' notice of termination if required by state. Client
   shall be given thirty (30) days prior written notice of any increase in fees, and the client will
   acknowledge, in writing, their agreement to the increase in fees. If the agreement is
   terminated during any given quarter, Shadowridge will be entitled to a pro rata fee for the
   days service was provided in the final month.
403(b) PLAN MANAGEMENT
   Shadowridge offers discretionary direct asset management services to 403(b) and ORP
   advisory clients. Fees for these services are 1.25 % of Assets Under Management.
        Assets Under Management             Maximum Annual Fee           Monthly Fee
       All account values                         1.25%                   0.1042%
   Fees are payable monthly in arrears and calculated based on the balance of the account(s) at
   the end of the month. Monthly advisory fees deducted from the clients account by the
   custodian will be reflected on the custodial statement. Clients may terminate their account
   within five (5) business days of signing the Investment Advisory Contract for a full refund. If
   the agreement is terminated during any given month, Shadowridge will be entitled to a pro
   rata fee for the days service was provided in the final month.
   SEI Investment Management Corporation (SIMC) Managed Account Solutions (MAS) and SEI
   Mutual Fund Models Program (SEI Funds)
   For the SEI Managed Account Solutions program Shadowridge charges an annual investment
   advisory fee based on the total assets under management as follows:
...

Item 7: Types of Clients
  Shadowridge generally provides investment advice to individuals, high net worth individuals,
  403(b)s, Texas ORPs, trusts, estates, or charitable organizations, corporations, business
  entities or other investment advisors. Client relationships vary in scope and length of service.

 Account Minimums
  Shadowridge does not have a minimum account size.