Verisail Partners LLC

Item 5. Fees and Compensation.

All clients will retain VP via execution of our Service Agreement. VP charges a single fee schedule that
includes IFP, IM, OFP, and HAAM services; these are collectively referred to as “All-in” services. For
convenience, VP offers fee deduction from client accounts to pay for VP’s services; in rare circumstances,
we allow the option of direct billing. The Client will incur brokerage and other transaction costs. Other
fees will be incurred by the client as the result of fees charged by mutual funds, exchange traded funds,
money market funds, closed-end funds, other investment advisors/investment companies, and certain other
securities (such as ADRs and REITs) to whom client assets are allocated. Such fees will be charged in
accordance with such funds’ prospectuses, as applicable, and as they may be amended from time to time.
These fees and expenses are paid by those funds or investment companies, but are ultimately borne by
Client as a shareholder. VP does not receive any mutual fund or investment product commissions or
distribution (12b1) fees. VP will review such fund fees no less than annually to ensure the fees are
reasonable and comparable to peers. Client should review fees charged by brokers, funds, VP, and other
applicable entities to fully understand the total cost of investment related services. VP may aggregate family
assets for purposes of fee breakpoints and meeting VP’s minimum fee.

 VI. Initial Financial Planning (IFP), Investment Management (IM), Ongoing Financial
      Planning (OFP), and Held Away Asset Management (HAAM) – Collectively called
      “All-In” Services. Fees for VP’s All-in services are based on the investment capital placed under
      VP's management. In certain circumstances, fees may be negotiated lower. If a fee is negotiated
      lower, it will be specified on the Service Agreement. Fees are calculated using quarter end values as
      determined by our billing software and are billed quarterly in advance. The quarter end valuation
      dates are 3/31, 6/30, 9/30, and 12/31. The quarterly fee shall be the annual fee divided by 4
      multiplied by the quarter end value plus or minus any adjustments for deposits and withdrawals. For
      example, the fee for Q1 will be assessed based on the previous 12/31 value and will be collected
      during the first quarter. Adjustments to the quarterly fee are made for deposits and withdrawals
      above the “billing deposit/withdrawal threshold” (BDWT). Billing adjustments are not made for
      deposits and withdrawals under the BDWT. The BDWT is currently $10,000. The adjustments for

      deposit and withdrawals will be made in arrears and reflected on the next quarterly fee (for example,
      if a client deposits $15,000 during the 2nd quarter, the 3rd quarter fee would be adjusted upward to
      reflect the deposit). The fee calculation for deposits in excess of the BDWT shall be the deposit
      amount times ¼ of the annual fee (i.e. 1% annual fee would be .25%) times the numbers of days the
      deposit was under VP’s management in that quarter divided by the total number of days in the
      respective quarter. For example, if a client deposits $20,000 on July 10th and has 1% annual fee then
      the quarterly fee adjustment would be: $20,000 x ¼ (1%) x (82 days/92 days) = $44.57. The fee
      refund calculation for withdrawals in excess of the BDWT shall be the withdrawal amount times ¼ of
      the annual fee times the numbers of days left in the respective quarter when withdrawal was made
      divided by the total number of days in the respective quarter. The initial fee (first quarterly fee) for a
      new client shall be a pro rata fee based on the number of days in that first quarter in which the client
      had investments under VP’s management. The fee calculation for the first quarter shall be the initial
      deposit amount times ¼ of the annual fee (i.e. 1% annual fee would be .25%) times the numbers of
      days the deposit was under VP’s management in that quarter divided by the total number of days in
      the respective quarter. At times the investment allocation decision(s) are still being discussed and yet
      to be decided upon at time of initial deposit; even so, the fee will begin upon date of initial deposit.
      When the advisor and client agree upon the investment allocation and sign the investment policy
      statement, client assets shall be invested accordingly. Until such time as the IPS is signed, client assets
      may remain in the same allocation and hold the same securities as when those assets were transferred
      to VP. IAR may temporarily invest assets into a different asset allocation during this decision making
      time if agreed to in writing (ie T bills or money market funds). Additionally, IAR may dollar cost
      average into the market if client wishes to do so. VP bills on all client assets (including cash) unless
      specifically excluded in the IPS. For workplace accounts managed via HAAM services, no fee
      adjustments are made for deposits and withdrawals and the quarterly fee shall be based only on the
      quarter end value. The Client will incur brokerage and other transaction costs. Other fees will be
      incurred by the client as the result of fees charged by mutual funds, exchange traded funds, money
      market funds, closed-end funds, other investment advisors/investment companies, and certain other
      securities (such as ADRs and REITs) to whom client assets are allocated. Such fees will be charged in
      accordance with such funds’ prospectuses, as applicable, and as they may be amended from time to
      time. These fees and expenses are paid by those funds or investment companies, but are ultimately
      borne by Client as a shareholder. VP does not receive any mutual fund or investment product
...

Item 7. Types of Clients

XII. VP offers its services to individuals, families, businesses, retirement plans (generally, defined
      contribution plans), and institutions. VP does not generally accept households with assets totaling less
      than $500,000 and typically has a $6,250 per year minimum fee; however, VP may (at its sole
      discretion) accept accounts below this amount and/or reduce the minimum fee.