| Fee Schedule |
Standard Investment Management FeeAssets Under Management Fee, as percent of assets* First $2,000,000 (0.750%)Next $3,000,000 (0.500%) Above $5,000,000 (0.375%) *expressed as an annual percentage Patten and Patten assesses its management fees on a quarterly basis, in arrears. The amount of the fee is computed by applying the applicable percentage to the average capital base of the account for the preceding quarter. Accounts may be subject to a minimum management fee of $2,000 It is incumbent upon Patten and Patten to seek for its clients, among other items, the best possible execution prices, including all fees and commissions, in transactions for which Patten and Patten has discretionary authority over the assets
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