The Fairman Group LLC

Item 5 – Fees and Compensation

    Fees for Investment Advisory Services
    Our fees for investment advisory services are determined on either an asset-based
    fee or a fixed fee arrangement.

    Asset-based Fees
    Asset-based management fees are generally billed quarterly in advance of one
    fourth of the annual rate based on a percentage of the client's assets under
    management at the end of the calendar quarter. Fees are calculated as follows:
    (Account value x Annual Fee %) ÷ 4 = Quarterly Fee

    Current Fee Schedule
    Fairman Group Investment Advisory Service fee schedule for asset-based fees:
               Assets Under Management                 Annual Fee %
                  First $2.0 million                        1.00%
                  Next $3.0 million                         0.75%
                  Next $5.0 million                         0.50%
                  Next $10.0 million                        0.35%
                  Over $20.0 million                        0.25%

    Fixed Annual Fees
    Fixed fee arrangements are generally determined using the table above as the
    valuation guideline for an initial annual fee that is billed quarterly. We revisit this
    fee amount with you on an annual basis to ensure the amount is equitable to all
    parties with respect to services rendered and value received.

    Minimum Annual Fee
    TFG assesses a minimum annual fee of $15,000 to accounts receiving ongoing
    investment advisory services. As a result, accounts with a small balance may pay
    a higher annual fee than those normally charged by other investment advisors.
    Lower fees for comparable services may be available from other sources.

    Limited Exceptions to Current Fee Schedule/Fees Negotiable
    Fees may vary from the applicable schedule above due to particular circumstances
    of the client or as otherwise negotiated with particular clients. Factors we consider
    when determining fees may include, but are not limited to, the following:
    • Size of portfolio/assets under management
    • Types of securities to be purchased, sold, or held within the portfolio
    • The custodian used to hold your assets (assets held outside of our
      recommended custodians typically increase our costs of doing business)
    • The extent of additional services to be provided
    • Certain family members of affiliated persons of the Fairman Group may receive
      services at a discounted rate which is not available to advisory clients generally

                                   The Fairman Group, LLC

• Historical fee schedules or negotiated annual fixed fee schedules may differ from
  the asset-based fee schedule listed above (historical fee schedules/terms are not
  available to new client relationships)
• In no event will asset-based fees be billed at a higher rate than the fee table
  listed above

Effective Date
Investment advisory services begin with the effective date of the Agreement, which
is the date the client signs the Investment Advisory Agreement. For that calendar
quarter, fees will be adjusted pro rata based upon the number of calendar days in
the quarter that the Agreement was effective.

Valuation
We primarily use your custodian to price the securities in your investment
accounts. If Schwab is your custodian, we are able to interface with their system to
access daily valuation and transaction data. For accounts and investment positions
not held at Schwab, we rely on you to provide or authorize your custodian to send
us copies of your account statements for valuation and performance reporting. In
the event we are not timely provided with data, we will attempt to make a
reasonable estimate calculation based on your last provided statement share
holdings and current market price. For us to provide accurate reporting and billing,
we rely on you to provide or authorize transmission of data for accounts not held at
our recommended custodian (currently Schwab).

For this purpose, we accept copies of your account statements forwarded by either
you or your custodian or electronic transmission of compatible data from your
custodian.

Clients may also authorize the use of a third-party data aggregation service to
electronically gather daily valuation data for their third-party online accounts.
Presently, we utilize the custodial aggregator service provided by MBAA, Inc.
(“MBAA”) for this purpose. MBAA stores client information in a secure data
warehouse at Amazon Web Services, which is SOC 1/SSAE 16/ISAE 3402
compliant. All risks must be documented, including the safeguards and procedures
for dealing with those risks. SOC compliance requires an audit by a third-party that
includes testing and monitoring. Participation in the MBAA aggregation service is
optional and extended to you at no additional cost. We do not receive any fees
from MBAA.

For billing purposes, the value of your account as of the last business day of the
previous quarter is used to determine the fees charged. The total portfolio value on
which fees are based may vary from the value on the custodian statement (the
valuation may be higher or lower) due to such factors as the timing and posting of
dividends, settlement dates for trades and accrued interest. Accordingly, we utilize

                             The Fairman Group, LLC

the value reflected in our portfolio accounting system which contains the most
timely information available to us.

All valuation information is based on sources that The Fairman Group believes to
be reliable. Clients should regularly consult their custodial account statements for
confirmation of balances and account activity. Clients should promptly notify The
Fairman Group when there are any material changes to their financial situation or
discrepancies in our reporting.

Fee Payment
If authorized, we will deduct your fees directly from your account on a quarterly
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Item 7 – Types of Clients

    Description
    The Fairman Group primarily provides investment advice to individuals. We may
    also provide advice to entities related to our individual clients such as trusts,
    estates, charitable funds, or business entities.

    Account Minimums
    We generally require a minimum account size of $1,500,000 of investable assets
    to be placed under our supervision. We have discretion to waive the account
    minimum. Accounts that do not meet the account minimum may be set up when
    the client anticipates adding additional funds to the accounts to meet the
    $1,500,000 within a reasonable time. As noted under Fees above, our minimum
    advisory fee is $15,000. Other exceptions will apply to our personnel, their
    relatives, and relatives of existing clients.

                                 The Fairman Group, LLC