INVESTMENT ADVISORY SERVICES

Burt Wealth’s annual investment advisory fee is based upon a percentage (%) of the market value placed under Burt Wealth’s management as follows:

Market Value of Portfolio Annual Fee % Quarterly Fee %

First $500,000 1.50% 0.375%

Next $250,000 0.80% 0.200%

Next $ 1,250,000 0.70% 0.175%

Next $4,000,000 0.60% 0.150%

Next $4,000,000 0.50% 0.125%

Over $10,000,000 0.40% 0.100%

Burt Wealth, in its sole discretion, may charge a lesser investment management fee 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, competition, negotiations with client, etc.). Please Note: 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. Burt Wealth considers cash to be an asset class and a portion of a client’s account may be allocated among various cash and/or cash equivalent positions for liquidity management, defensive, or other purposes. Therefore, cash and cash equivalents will be included as part of the market value of client’s account when calculating our management fee. When assets are invested in cash and/or cash equivalents, the advisory fee could exceed the current yield on such cash positions.