Trustee Empowerment & Protection Inc

Item 5 – Fees and Compensation
                                                                     Other Investment Advisory Services and Consultations.
TEPI’s internet investment adviser referral                          For these services, if and/or when provided (none are being
services                                                             provided at this time), there will either be a fixed fee or an
                                                                     hourly fee charged for the agreed-upon scope of work. Fee

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amounts, or hourly rates, are typically based on the                 to make TEPI’s unique ICPRSM and/or other investment
complexity of the work being performed,the estimated                 advisory protocols available to TEPI’s clients. In the event
amount of time involved, the value provided to the Client by         we do, investment advisory fees will be shared with such
the review or consultation, and other relevant factors. Fees         investment advisors / firms and may be set by them at rates
may be discounted or waived at TEPI’s sole discretion.               they determine.

General provisions regarding TEPI’s Fees. Such fees                  Item 6 – Performance-Based Fees and Side-by-
will be disclosed and/or may be negotiated with the Client,          Side Management
prior to the commencement of any work. Any agreed
upon fee will not be binding upon us until such time as we           TEPI does not charge or receive any performance-based
accept the terms of the agreement reached, by our                    fees or other fees based on a share of capital gains or
execution of an Advisory Agreement.                                  capital appreciation of the assets (of a Client) directly from
                                                                     any TEPI Client. However, TEPI may receive, pursuant to
Such fees may be billed in arrears or in advance of the              the TEPI’s fee arrangements with certain Advisors, a share
services to be performed provided, however, any such                 of performance-based fees, which the Advisors have
billings (for future services) shall not exceed a period of          earned pursuant to fee arrangements concerning the
six (6) calendar months for any amounts prepaid in                   accounts of Clients referred to those Advisors by TEPI.
excess of $1200.

Item 7 – Types of Clients
Upon written notification from you requesting termination            As an internet investment advisor, TEPI’s referral Clients are,
of your Advisory Agreement, you shall be entitled to a               with the limited exceptions described below, sponsors and
refund of fees for that portion of the work (if any) that has        trustees of defined contribution retirement plans, with a
been prepaid but has not yet been performed. Any out-of-             specific focus on 401(k) and 403(b) plan sponsors and
pocket expenses incurred by us will be your responsibility           trustees, as well as individual investors looking for
and shall be due and payable upon notice to you.                     investment advisors licensed and approved for use of TEPI’s
                                                                     ProRRTSM empowered investment advisory protocols and/or
Direct Billing of Investment Advisory Fee. For our direct            looking to directly engage the internet only services offered
internet investment advisory services, we will charge the            by TEPI. TEPI has not established a minimum dollar value of
credit card you provide to us for the initial payment of the         retirement plans or an individual investor’s investable assets
investment advisory fee when you signed up for this service.         with respect to the acceptance of Client engagements,
In special circumstances we may agree to directly bill you for       although the Advisers to which TEPI’s Clients may be
the amount of your advisory fees in an alternative way. In           referred may have such minimum requirements.
such event, the invoice will be due upon receipt. If, for any
reason, the invoice is not paid within fifteen (15) calendar days    Our direct, internet investment advisory services are currently
from the due date, a late charge of one (1%) percent per             offered to defined contribution retirement plans, plan
month for every month (or portion of a month) that payment is        sponsors, and trustees, and may also later be offered to
delayed may be assessed.                                             businesses, banks, trusts, estates, non-profit organizations,
                                                                     other institutional investors, and to family offices. Our
Changes to Advisory Fees. We may change the advisory fee             services afe now also available to individual investors.
charged to a client upon thirty (30) days prior written notice to
the client, during which time the client may terminate the           Item 8 – Methods of Analysis, Investment
Advisory Services Agreement by providing us with a written
                                                                     Strategies and Risk of Loss
notice of termination. If no notice of termination is given, the
new advisory fee will become effective and a charge to the           TEPI’s internet investment adviser referral
client’s credit card made as of the effective date specified in      services
the notice of the fee change (unless otherwise noted), but not
for any period of service for which the client will have already     TEPI’s internet-based investment advisory services encompass
paid.                                                                two distinct service areas. First is the matching of its
                                                                     Retirement Plan and individual investor clients to members of a
Compensation of the Investment Advisory Professional.                proprietary network of investment Advisors (RIAs and IARs)
TEPI employed or affiliated investment advisory professionals        approved by TEPI and licensed to use DTC’s ProRRT SM
are salaried employees of TEPI.                                      technology to help optimize mutual fund and ETF selection for
                                                                     individual investor clients and to perform TEPI’s proprietary
Teaming / Referral Arrangements. As described above,                 Investment Choice Protective ReviewSM (iCPRSM) for defined
we may also enter into referral arrangements with other              contribution retirement plan clients, plan sponsors, and trustees.
registered investment advisors (TEPI-approved Advisors)              We are also performing plan investment choice reviews for CPA

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auditors of such plans and to law firms on behalf of their plan     referred Clients will be notified if their Advisor is no longer a
sponsor business clients and trustees.                              member of TEPI’s approved Advisor network.

TEPI’s process of selecting Advisors for its proprietary network    TEPI’s other, internet investment advisory
consists of conducting due diligence on prospective Registered      services
Investment Advisers (“RIA”) and their Investment Adviser
Representatives (“IARS”) including, but not limited to,             TEPI also provides investment advisory services directly to
                                                                    defined contribution retirement plans (e.g., 401k, 403b, and
•   Ensuring that the RIA and IAR that will perform the iCPRSM      similar plans) via its interactive website which enables such
    have obtained a license from DTC to use its ProRRTSM and        plan sponsors and trustees to directly access DTC’s patented,
    training needed to perform it;                                  decision-assistance technology-powered ProRRTSM. This
•   Securing the agreement of the RIA and IAR that will perform     uniquely empowers them to comparatively evaluate the
    the iCPRSM and/or the other investment advisory services        investment choices offered within their plans against all other
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