Tyner Capital Management Investment Counsel Inc

Item 5 Fees and Compensation
The specific manner in which fees are charged by Tyner Capital Management is established in the
client's written agreement with Tyner Capital Management. Fees are billed on a quarterly basis in
arrears. Clients are billed directly for fees or have authorized Tyner Capital Management to directly
debit fees from client accounts. Accounts initiated or terminated during a calendar quarter will be
charged a prorated fee. Upon termination of any account, any earned, unpaid fees will be due and
payable.

The annual fee structure is as follows:

    1. Equity and Balanced Accounts:
          1.00% of the first $500,000 of assets
          0.75% of the next $500,000 of assets
          0.50% of the balance;

    2. Fixed Income Management (100% bond portfolio)
           0.50% of the first $500,000
           0.40% of the next $500,000
           0.30% of the balance.

The minimum annual fee is $2,500.

Tyner Capital Management's fees are exclusive of brokerage commissions, transaction fees, and other
related costs and expenses which shall be incurred by the client. Please see Item 12 - Brokerage
Practices for additional information. Clients may incur certain charges imposed by custodians, brokers,
third party investment and other third parties such as fees charged by managers, custodial fees, deferred
sales charges, odd-lot differentials, transfer taxes, wire transfer and electronic fund fees, and other fees
and taxes on brokerage accounts and securities transactions. Mutual funds and exchange traded funds
also charge internal management fees, which are disclosed in a fund's prospectus.

Such charges, fees and commissions are exclusive of and in addition to Tyner Capital Management's
fee, and Tyner Capital Management shall not receive any portion of these commissions, fees, and costs.

Item 7 Types of Clients
Tyner Capital Management provides portfolio management services to approximately twenty major
clients composed of:

    •   Pension/profit sharing plans/IRAs
    •   401(k) plans
    •   Trusts
    •   Educational Funds
    •   High net worth individuals.

While we do not have a minimum portfolio value size for opening or maintaining an account, our
minimum annual fee is $2,500.