The Lam Group Inc

Item 5 – Fees and Compensation

A    We are a fee-only advisory firm and base our fee on a percentage of the total assets under
     management (AUM). We are compensated solely by our Clients and do not receive
     compensation or commissions from any other parties. We believe this method of
     compensation minimizes the conflicts-of-interest that are prevalent in the investment
     management industry.

     Compensation to us for our services will be calculated in accordance with “Schedule A” of the
     Investment Advisory Agreement (“IAA”) which is entered into with each Client at the start of
     our professional relationship. We reserve the right to amend the fee schedule but only upon
     30-days prior written notice to each Client. The fee is calculated quarterly, in arrears, and will
     be equal to the respective percentage per annum below based on the market value of the
     Account on the last trading day of the previous quarter.

                                   STANDARD FEE SCHEDULE

           The Lam Group - Investment Management Services
           Standard Annual Fee Schedule
                                                Aggregate Fee in            Aggregate
                      AUM                  %   bp/million    $           Portfolio ($MM)
                    1st $1MM            1.000%  1.000%    $10,000                $1
                   2nd $1MM             0.750%  0.875%    $17,500                $2
                   3rd $1MM             0.650%  0.800%    $24,000                $3
                    4th $1MM            0.500%  0.725%    $29,000                $4
                    5th $1MM            0.500%  0.680%    $34,000                $5
                    6th $1MM            0.350%  0.625%    $37,500                $6
                    7th $1MM            0.350%  0.586%    $41,000                $7
                    8th $1MM            0.350%  0.556%    $44,500                $8
                    9th $1MM            0.250%  0.522%    $47,000                $9
                   10th $1MM            0.250%  0.495%    $49,500               $10
                   11th $1MM            0.250%  0.473%    $52,000               $11
                   12th $1MM            0.250%  0.454%    $54,500               $12
                   13th $1MM            0.200%  0.435%    $56,500               $13
                   14th $1MM            0.200%  0.418%    $58,500               $14
                   15th $1MM            0.200%  0.403%    $60,500               $15
                  Over $15MM                   Negotiable                      $15+

     We can aggregate our fees for families with multiple accounts or for family offices. At this
     time, our minimum portfolio size for new Clients is $2 million.

     Often included in our managed portfolios are Client assets that are commonly referred to as
     “held-away” assets. These assets can include, but not limited to, defined benefit plans,
     retirement plans (such are corporate 401K or 403B plans), 529 college savings plans and other
     assets that are not held on the independent custodial platforms we utilize. In the cases where

we have limited access to these assets, the Client will, in writing, grant us assess (on line and
otherwise) to allow us the ability to modify how these assets are invested on an ongoing basis.
Under no circumstances, will TLG be permitted to withdraw assets from these “held-away”
accounts.

For purposes of determining value, securities, mutual funds and other instruments traded on a
market for which actual transaction prices are publicly reported shall be valued at the last
reported sale price on the principal market in which they are traded. All other assets shall be
valued at fair value by TLG whose determination shall be conclusive.

Rollover Recommendations
As part of our investment advisory services to you, we may recommend that you roll assets
from your employer’s retirement plan, such as a 401(k), 457, or ERISA 403(b) account
(collectively, a “Plan Account”), to an individual retirement account, such as a SIMPLE IRA,
SEP IRA, Traditional IRA, or Roth IRA (collectively, an “IRA Account”) that we will manage
on your behalf. We may also recommend rollovers from IRA Accounts to Plan Accounts, from
Plan Accounts to Plan Accounts, and from IRA Accounts to IRA Accounts. When we provide
any of the foregoing rollover recommendations we are acting as fiduciaries within the meaning
of Title I of the Employee Retirement Income Security Act (“ERISA”) and/or the Internal
Revenue Code (“IRC”), as applicable, which are laws governing retirement accounts.

If you elect to roll the assets to an IRA that is subject to our management, we will charge you
an asset-based fee as set forth in the advisory agreement you executed with our firm. This
creates a conflict of interest because it creates a financial incentive for our firm to recommend
the rollover to you (i.e., receipt of additional fee-based compensation). You are under no
obligation, contractually or otherwise, to complete the rollover. Moreover, if you do complete
the rollover, you are under no obligation to have the assets in an IRA managed by our firm.
Due to the foregoing conflict of interest, when we make rollover recommendations, we operate
under a special rule that requires us to act in your best interests and not put our interests ahead
of yours.

Under this special rule’s provisions, we must:

     meet a professional standard of care when making investment recommendations (give
      prudent advice);
     never put our financial interests ahead of yours when making recommendations (give
      loyal advice);
     avoid misleading statements about conflicts of interest, fees, and investments;
     follow policies and procedures designed to ensure that we give advice that is in your
      best interests;
     charge no more than a reasonable fee for our services; and
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Item 7 – Types of Clients

We specialize in providing investment management and portfolio consulting services for taxable high-
net worth families and family offices, as well as for foundations, endowments and select institutions.
We provide investment advice to the following types of Clients:

    High Net-Worth Individuals
    Pension, Retirement and Profit Sharing Plans
    Trusts, Foundations, Endowments, and Charitable Organizations