Fee Schedule

 market value  fee
 $0 - $2,000,000  1.00%
 Over $2,000,000  .50%
Management fees will be assessed at the beginning of the month or quarter. New accounts and terminated accounts will be charged a pro-rata fee for the period of time that assets are under management. In the event of termination of an agreement where fees have been paid in advance, a prorated refund will be made. Accounts may be terminated by either party with five (5) days written notice. Compensation for other services shall be on an hourly rate negotiated with the client.