Tyler Street Capital

Item 5           Fees and Compensation

   A.
                                        INVESTMENT MANAGEMENT
         Registrant provides investment advisory services on a discretionary or non-discretionary
         fee-only basis. Registrant’s annual investment advisory fee is negotiable but generally
         ranges between 0.20% up to 0.95%, based upon the value of assets under the Registrant’s
         management.

         Fee Dispersion. Registrant, in its discretion, may charge a lesser investment advisory fee,
         charge a flat fee, waive its fee entirely, or charge 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, referrals from existing clients,
         competition, negotiations with client, etc.). 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.

                          FINANCIAL PLANNING AND CONSULTING SERVICES
         Registrant’s planning and consulting services are offered on a fixed fee or hourly rate basis.
         The Registrant’s planning and consulting fees are negotiable. The Registrant’s fee is
         generally based upon the level and scope of the service(s) required and the professional(s)
         rendering the service(s). The Registrant’s planning and consulting fee shall generally range
         from $5,000 to $15,000 on a fixed fee basis or from $250 to $375 on an hourly rate basis.

   B. Clients may elect to have the Registrant’s advisory fees deducted from their custodial
      account. Both Registrant’s Investment Advisory Agreement and the custodial/clearing
      agreement may authorize the custodian to debit the account for the amount of the
      Registrant's investment advisory fee and to directly remit that management fee to the
      Registrant in compliance with regulatory procedures. In the limited event that the
      Registrant bills the client directly, payment is due upon receipt of the Registrant’s invoice.

   C. As discussed below, unless the client directs otherwise or an individual client’s
      circumstances require, the Registrant shall generally recommend that Charles Schwab &
      Co. Inc. (“Schwab”) or National Financial Services, LLC (“Fidelity”), serve as the broker-
      dealer/custodian for client investment management assets.

         Broker-dealers such as Schwab or Fidelity 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 and Fidelity,
         generally (with the potential exception for large orders) do not currently charge fees on
         individual equity transactions (including ETFs), others do.

         There can be no assurance that Schwab or Fidelity will not change their transaction fee
         pricing in the future.

         Schwab and Fidelity may also assess fees to clients who elect to receive trade confirmations
         and account statements by regular mail rather than electronically.

         Clients will incur, in addition to Registrant’s investment management fee, brokerage
         commissions and/or transaction fees, and, relative to all mutual fund and exchange traded
         fund purchases, charges imposed at the fund level (e.g., management fees and other fund
         expenses)

   D. Registrant's annual investment advisory fees shall be prorated and paid quarterly, in arrears,
      based upon the value of the client’s managed accounts on the last day of the previous
      quarter.

         The Registrant does not typically require a minimum asset level or minimum annual fee
         for investment management services.

         The Investment Advisory Agreement between the Registrant 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. Upon termination, Registrant shall be immediately
         due a prorated portion of the client’s quarterly fee, based upon the number of days service
         was rendered during the final billing period.

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

Item 7           Types of Clients

         The Registrant’s clients shall generally include individuals, businesses, and charitable
         organizations.