Sorenson Impact Advisory LLC

Item 5.       Fees and Compensation

   A. Sorenson Impact’s compensation for Clients is negotiable and varies, but typically
      Sorenson Impact charges an asset-based fee (the “Management Fee”) that ranges from 25
      to 100 basis points depending on assets under management with the Firm.

   B. Management Fees are payable by the Clients to Sorenson Impact quarterly in advance.
      Sorenson Impact typically deducts Management Fees directly from Clients but may bill a
      Client for such amounts on request.

   C. Each Client is responsible for its own costs and expenses, including trading costs and
      expenses (such as brokerage commissions, expenses related to short sales, and clearing and
      settlement charges), mutual fund sales loads, surrender charges, variable annuity sales and
      surrender charges, ongoing legal, tax, audit, and bookkeeping fees and expenses, and the
      fees and expenses charged by any fund administrator for its accounting, bookkeeping and
      other services. Sorenson Impact bears its own operating, general, administrative and
      overhead costs and expenses, other than the expenses described above. All or part of these
      costs and expenses may be paid, however, by securities brokerage firms that execute
      Clients’ securities trades, as discussed in Item 12 below.

      As stated in Item 4 above, Sorenson Impact may recommend its Clients invest with other
      Underlying Managers or in other private investment funds ("Underlying Funds") advised
      by Underlying Managers. In such instances, in addition to the fees owed to the Adviser,
      Clients will also be responsible for fees and expenses owed to the Underlying Funds or
      Underlying Managers, including their share of organizational and operating expenses, and
      management and performance fees. Details of such fees and expenses are set forth in the
      requisite offering documents for the Underlying Funds or Underlying Managers. See
      Section 8 below for more information regarding such layering of fees.

   D. As described above, Clients will pay Management Fees in advance on a quarterly basis.
      Except as may be otherwise negotiated in particular cases, the Client may terminate the
      investment management agreement immediately without penalty. Sorenson Impact may
      terminate the investment management agreement upon at least 30 days’ written notice
      without penalty. If Sorenson Impact serves for less than the whole of any quarterly
      period, its compensation will be calculated and payable on a pro-rata basis for the period
      of the quarter for which it has served as an adviser. Upon such termination, any prepaid,
      unearned fees will be promptly refunded by Sorenson Impact (determined on a pro rata
      basis based on the number of days elapsed in the applicable fee payment period).

   E. Except as otherwise disclosed, neither the Firm nor any of its supervised persons receive,
      directly or indirectly, any compensation from the sale of securities or other investment
      products.

Item 7.       Types of Clients

As previously described in Item 4, Sorenson Impact provides investment advice to its Clients in
the form of separately managed accounts, which Clients may include high-net-worth individuals,
family offices, foundations, trusts, endowments and other institutions.