Steigerwald Gordon & Koch Inc

Item 5           Fees and Compensation

   A.
                                    INVESTMENT ADVISORY SERVICES
         If a client determines to engage SGK to provide discretionary investment advisory services
         on a fee-only basis, SGK’s annual investment advisory fee is generally based upon a
         percentage (%) of the market value and type of assets placed under SGK’s management
         (between negotiable and 1.00%) as follows:

                          Market Value of Portfolio               % of Assets
                          First $1,000,000                         1.00%*
                          Next $1,000,001 to $2,000,000             0.75%
                          Next $2,000,001 to $5,000,000             0.50%
                          Next $5,000,001 to $10,000,000            0.40%
                          Next $10,000,001 +                        0.30%

         While SGK believes that it is important for the client to address financial planning issues on
         an ongoing basis, the investment advisory fee will remain the same regardless of whether the
         client determines to address those issues with SGK.

         SGK’s policy is to treat intra-quarter account additions and withdrawals equally. SGK will
         not charge for intra-quarter additions or withdrawals unless indicated to the contrary on the
         Investment Advisory Agreement executed by the client.

         Fee Dispersion. SGK, in its discretion, may charge a lesser investment advisory fee, charge
         a flat fee, waive its fee entirely, or charge a 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.). Please
         Note: 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. ANY QUESTIONS: SGK’s Chief Compliance Officer, Jennifer L. Wiggins,
         remains available to address any questions that a client or prospective client may have
         regarding advisory fees.

                 FINANCIAL PLANNING AND CONSULTING SERVICES (STAND-ALONE)
         To the extent specifically requested by a client, SGK may determine to provide financial
         planning and/or consulting services (including investment and non-investment related
         matters, including estate planning, insurance planning, etc.) on a stand-alone fee basis.
         SGK’s planning and consulting fees are negotiable, but generally are $75 to $300 on an
         hourly rate basis depending upon the level and scope of the service required and the
         professionals rendering the service.

   B. Clients may elect to have SGK’s advisory fees deducted from their custodial account.
      SGK’s Investment Advisory Agreement and the custodial/clearing agreement may
      authorize the custodian to debit the account for the amount of SGK’s investment advisory
      fee and to directly remit that management fee to SGK in compliance with regulatory
      procedures. In the limited event that SGK bills the client directly, payment is due upon
      receipt of SGK’s invoice. SGK deducts fees or bills clients quarterly in advance, based
      upon the market value of the assets on the last business day of the previous quarter.

   C. Unless a client’s circumstances dictate otherwise, SGK generally recommends that Charles
      Schwab and Co., Inc. and its affiliates (“Schwab”) serve as the broker-dealer/custodian for
      client investment management assets. Broker-dealers such as Schwab charge brokerage
      commissions, transaction, and/or other type fees for effecting certain types of securities
      transactions (i.e., including transaction fees for certain mutual funds, and mark-ups and
      mark-downs charged for fixed income transactions, etc.). The types of securities for which
      transaction fees, commissions, and/or other type fees (as well as the amount of those fees)
      shall differ depending upon the broker-dealer/custodian (while certain custodians,
      including Schwab, do not currently charge fees on individual equity transactions [including
      ETFs], others do).The fees charged by the applicable broker- dealer/custodian, and the
      charges imposed by ETFs, are separate from and in addition to SGK’s advisory fee
      referenced in this Item 5. SGK does not share in any portion of those fees or expenses.

   D. SGK’s annual investment advisory fee shall be prorated and paid quarterly, in advance,
      based upon the market value of the assets on the last business day of the previous quarter.
      The Investment Advisory Agreement between SGK and the client will continue in effect
      until terminated by either party by written notice in accordance with the terms of the
      Investment Advisory Agreement. SGK shall refund the pro-rated portion of the advanced
      advisory fee paid based upon the number of months remaining in the billing quarter.

   E. Neither SGK, nor its representatives, accepts compensation from the sale of securities or
      other investment products.

Item 7           Types of Clients

         SGK’s clients generally include individuals, high net worth individuals, business entities,

         trusts, estates and charitable organizations. For new client relationships, SGK generally
         prefers a minimum asset level of $600,000 for investment advisory services. SGK, in its sole
         discretion, may reduce or waive its minimum asset preference or reduce its investment
         advisory fee based upon certain criteria including but not limited to: the amount of assets
         to be managed; portfolio composition; the scope and complexity of the engagement; the
         anticipated number of meetings and servicing needs; related accounts; future earning
         capacity; anticipated future additional assets; the professionals rendering the service; prior
         relationships with SGK and/or its representatives, employees/family members, courtesy
         accounts, competition, and negotiations with the client. Additionally, clients referred by
         Schwab will be billed at 0.75% on the first $1M. See Item 12 below. As result, similarly
         situated clients could pay different fees and similar advisory services may be available from
         other investment advisers for similar or lower fees. SGK’s Chief Compliance Officer,
         Jennifer L. Wiggins, remains available to address any questions regarding advisory fees.