The fee structure for Y H & C Investments is based on the initial capital invested. Y H& C uses a tiered approach to fees, as more capital is invested the fees that are charged become lower. All fees are charged at the end of each quarter. Each time more capital is added, the fee structure applies. All fees are subject to negotiation, depending on the client tenure and relationship with Yale Bock, as well as the amount of capital that is deposited with Y H & C Investments. The fee structure is as follows:

1. From 0-$500,000, Y H & C charges 1% of assets managed. For example, if a client deposited $100,000, the yearly fee would be $1,000.00 The $1,000 fee is broken up into charges of $250.00 per quarter. The $250.00 is deducted from the Ameritrade brokerage account on the last day of each quarter (March 31, 2008, June 30, 2008. September 30, 2008, and December 31, 2008).

2. From $500,000-$2,500,000, YH & C charges ½ of 1% of all assets managed, or 50 basis points (1/100 of 1% is a basis point). For example, if a client deposited $1,000,000, the yearly fee would be $5,000. The $5,000 is broken up into charges of $1,250 per quarter. The $1,250 is deducted from the Ameritrade brokerage account on the last day of each quarter (March 31, 2008, June 30, 2008. September 30, 2008, and December 31, 2008).

3. Any amount greater than $2,500,000, YH & C charges 1/4 of 1% of all assets managed, or 25 basis points (1/100 of 1% is a basis point). For example, if a client deposited $3,000,000, the yearly fee would be $7,500. The $7,500 is broken up into charges of $1,875 per quarter. The $1,875 is deducted from the Ameritrade brokerage account on the last day of each quarter (March 31, 2008, June 30, 2008. September 30, 2008, and December 31, 2008).

4. Accounts that are transferred in to Ameritrade from another custodian, whatever the market value of the assets that comes in becomes the beginning capital base.

　5. In most cases, multiple accounts that are managed are combined and the fee for the client is determined by total assets, not for each account. The reason for this is to concentrate on the performance of the total number of assets, not on specific accounts. There are specific instances where one account of multiple accounts will be charged fees, and the others are not as an account may have substantially outperformed, and the other accounts did not. In these instances where a specific account is charged, clients are notified in advance and clients will agree to this outcome before any billing takes place.

6. Accounts that do not have positive returns for the quarter are not charged a applicable quarterly fee, which means Y H & C must have positive capital appreciation of the total assets for the client or not charge the client. For some clients, it also means not charging fees until the client has returned to the cost basis of the total assets being managed.

Return= (Total Assets At the End of the Present Quarter- Any capital contribution)/ (Total Assets at the end of the previous quarter)

Y H & C Investments- Consulting Fee Structure

The fee structure for clients who are looking for an ongoing relationship with respect to advice, portfolio assessment, portfolio consultation, specific advice with regards to their financial situation, newsletters, or any other financial matter are as follows:

1. Initial consultation and portfolio assessment: $150 .00

2. Monthly consultation- includes newsletters, monitoring of portfolio, and guidance regarding possible movement of strategic or asset allocation: $50.00/month.

3. Specific advice with regards to personal financial situation: $150.00/per hour, with room for flexibility depending on the complexity of the situation and the specific client.

Y H & C Investments: Disclosures of Conflicts

1. Y H& C, Yale Bock, and his immediate family own equity securities it buys for clients. Y H & C does not employ leverage for the firm account or for Yale Bock/families accounts.

2. At times, Y H & C trades equity securities using block trades at Ameritrade. In the event of such a trade, clients receive the pro rata share of the block along with the standard price of the share- all attempts are made to trade blocks in such a manner. There may be instances where multiple clients receive different prices for the same security because of unforeseen circumstances or an inability to make the trade at the same price for all clients.

3. Y H & C will use leverage for clients accounts if authorized to do so by clients and if client meets the financial criteria of Ameritrade for margin accounts, and is approved by Ameritrade to use leverage in buying assets.

4. Y H & C does not currently employ forwards, futures, swaps, currency futures, or commodity futures but reserves the right to employ those instruments if the client authorizes it is appropriate to do so.

5. Y H & C uses options to hedge underlying equity positions for firm account, Yale Bock’s own personal account, and client’s accounts.

6. Y H& C and Yale Bock will short securities, and will do so for clients. However, it’s experience with shorting is limited and results can be highly volatile, meaning you could lose substantial capital. Shorting is typically done as a hedge against a down market, either by shorting specific stocks, or by shorting indexes. Under no circumstances will Y H& C or Yale Bock short positions of clients or Y H& C. In order to short securities, Y H& C, Yale Bock, or individual clients must have a margin account. However, Y H& C will not borrow money, or use leverage to short individual securities or indexes. Only capital in an account will be used and no "margin", or borrowing of money with accrued interest to be paid back to the broker will be used.

7. YH& C sits on no boards of directors and as such, has no outside agreements with affiliated parties where he is paid by a company for services provided to that company.

8. Y H & C uses Ameritrade as its custodian and broker exclusively and as such, is not able to guarantee clients best price or execution because of a lack of competition for trading arrangements and fees.

9. Y H & C is not compensated by any broker dealer, commercial bank, or investment bank for any underlying business or trading business.

10.Y H & C uses Ameritrade as its broker-dealer and is not compensated in any way by Ameritrade, including soft dollar arrangements for trading.

11.Y H & C manages capital for clients in separate accounts outside of Ameritrade. In the event of such an arrangement, the client may not receive best price or execution because the account is not at Ameritrade.

12.Y H & C does not buy IPO or secondary offerings from broker-dealers but reserves the right to do so and will notify clients prior to buying an IPO or secondary

offering.

13.Y H & C is not compensated for merger and acquisition advice by publicly traded companies.

14.Y H & C does not have custody over client securities and cash. Ameritrade is in possession of all securities and cash.

15.Y H & C votes proxies for the firm account and client accounts based on what it considers in the best interest for the client and Y H & C. Typically, companies that are approving the same directors and the same accounting firm receive a positive vote. All equity based option compensation plans are evaluated but generally are voted against.

16.Y H & C pays an annual and monthly fee to WiserAdvisor for lead generation services. Leads are under no obligation to choose Y H & C to use any services unless they voluntarily believe it is in their best interests.

17.Y H & C Investments is a sub advisor to Covester Asset Management. In the event a person or institution chooses to mimic Y H & C’s model portfolio on Covestor.com, Y H & C has a revenue sharing agreement with Covestor.