Management Fees
| 1. On Demand |
| | a. 0% interest rate |
| b. No minimum amount |
| c. Management fee .5% Minimum ($25.00) |
| 2. Demand Plus 45 days |
| a. 6 month T-bill minus 1.50% (Interest rate as of July 1, 2006 = 3.375%) |
| b. Minimum $2,500 with subsequent investments of $1,000 or greater |
| c. Subject to early withdrawal penalty of .5% (Minimum $25.00) |
| d. Management fee .5% Minimum ($25.00) |
| 3. One-year commitment, then Demand Plus 90 days |
| a. 6 month T-bill plus 1.0% (Interest rate as of July 1,2006 = 5.875%) |
| b. Minimum $2,500 with subsequent investments of $1,000 or greater |
| c. Subject to early withdrawal penalty of 1.0% (Minimum $50.00) |
| d. No management fee |
Pooled Income Fund
| | Minimum $2,500 with subsequent investments of 1,000 or greater |
| Management fee-Investment yield minus 1% fee |
Applicable minimum fees apply to all funds regardless of fund size and duration.
The fee provisions in this schedule are for usual and customary services. If special or extraordinary services are required, an additional fee will be charged based on the applicable hourly fee, commensurate with the services provided and the level of expertise required.
Interest accrued for Charitable Gift funds and Bequest funds are calculated using an average daily balance and paid quarterly. Variable interest rates are adjusted on a quarterly basis to equal the six-month Treasury Rate as stated above.
Interest accrued for Pooled Income funds are calculated using an average daily balance and paid quarterly.
Requests for disbursement may be made at any time. Early withdrawal of principal may be subject to a penalty.
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