The Abbit Management Corp

Item 5 Fees and Compensation
For each of its services outlined in Item 4, exclusive of Master Trust Management services, Abbit is
generally compensated via a negotiated percentage of the client's assets under firm management. This
fee is calculated and charged on a quarterly basis in arrears and automatically deducted from client
accounts by the broker-dealer/qualified custodian of record. The fee is based upon the portfolio's
market value on the last trading day of the relevant billing period. A pro-rated fee is calculated for
services initiated at any time other than at the beginning of a calendar quarter.

The fee will typically not exceed 1.5% (annually) of the client's assets. The fee may increase or
decrease based upon the account and the level of service rendered therein. All fees will be agreed
upon in advance in the written client agreement. All deductions of fees from the clients account are
made in accordance with the terms and conditions of the written agreement. Clients should note that
the broker-dealer/qualified custodian remains independent of Abbit. Therefore, clients are strongly
encouraged to review their account statements regularly. Such statements will be provided by the
broker-dealer/qualified custodian of record on a monthly or quarterly basis or as transactions occur.

Fees for Master Trust Management services are limited by statute to 1% annually of the balance in
escrow and are calculated by the escrow agent and deducted from the account on a monthly basis.
The fee is based upon the portfolio's market value on the last trading day of the month taking into
account deposits and withdrawals as they occur throughout the month. In addition, the firm may charge
Master Trust Management accounts an additional fee for tax reporting services on an annual basis.
This fee is derived from the costs associated with preparing such reports and any associated postage
and documentation costs. In the event that clients choose to utilize Abbit's Life Insurance Trust for
Preneed Contracts, there will be an $85 one-time processing fee anytime an insurance policy is added
to the trust.

Clients may elect to pay fees via an invoice delivered directly to the client. Payment for services is due
within ninety (90) days of receipt. The firm reserves the right to renegotiate the stated fee (above) with
thirty (30) days written notice. The stated fee may be re-evaluated on an annual basis. Clients may
terminate the agreement at any time. Where termination is made prior to the end of a calendar quarter,
fees for services rendered will be due in full to the date of termination. The agreement may not be
transferred or assigned without written consent from both parties.

Abbit remains amenable to any reasonable client-imposed restrictions placed on the investment in
certain securities and/or types of securities. Clients should note that advisory services may be found
elsewhere at reduced cost. Clients should also note that additional costs including brokerage, mutual
fund/investment company expenses, and other account related charges may be charged to the
account and are exclusive of fees charged by and paid to Abbit for its services.

Clients invested in mutual and exchange traded funds (ETF) should note that a fund management fee
may be included in the cost of each fund. Although not shared with Abbit, this fee is paid directly to the
fund/investment company and remains separate and distinct from those fees paid to Abbit for its
advisory services. Where there may also be a sales charge included in the cost of such funds, the
investment adviser representatives of Abbit are not entitled to, and do not receive any portion of, such
sales charges. Clients should review the applicable fund prospectus material and/or other disclosure
documents carefully to fully understand the costs associated with the investment made in their
account(s).

Clients are also encouraged to review their account statements regularly for a full appreciation of the
total costs associated with account management services. Questions regarding fees, fee deduction, or
account management services may be addressed directly with the firm.

Item 7 Types of Clients
Abbit's advisory services are provided to individuals, including high net worth individuals, as well as
other business entities and privately-held trust companies (for the purposes of providing Master Trust
Management services). Abbit does not have any predetermined requirements with respect to account
size or value.