Common use of Licensing of Investment Advisor’s Staff Clause in Contracts

Licensing of Investment Advisor’s Staff. (if desired) · $2,500 per year per registered representative (RR) · Quasar is limited to these licenses for sponsorship: Series, 6, 7, 24, 26, 27, 63, 66 · $3,000 per FINRA designated branch location · Plus all associated FINRA and State fees for Registered Representatives, including license and renewal fees. · $500 penalty to be paid by Advisor if written notice of termination of a RR is not received by Quasar within ten (10) business days of the RR’s effective date of termination. Fund Fact Sheets · Design - $1,000 per fact sheet, includes first production · Production - $500.00 per fact sheet per production period · All printing costs are out-of-pocket expenses, and in addition to the design fee and production fee. · Web sites, brochures and other sales support materials – Project priced via Quasar proposal. Out-of-Pocket Expenses Reasonable out-of-pocket expenses incurred by the Distributor in connection with activities primarily intended to result in the sale of Shares, including, without limitation: · typesetting, printing and distribution of Prospectuses and shareholder reports · production, printing, distribution and placement of advertising and sales literature and materials · engagement of designers, free-lxxxx writers and public relations firms · long-distance telephone lines, services and charges · postage, overnight delivery charges · FINRA registration fees (FINRA advertising filing fees are included in Advertising Compliance Review section above) · record retention · travel, lodging and meals Fees are billed monthly. * Subject to CPI increase, Milwaukee MSA.

Licensing of Investment Advisor’s Staff. (if desired) · $2,500 _____ per year per registered representative (RR) · Quasar is limited to these licenses for sponsorship: Series, 6, 7, 24, 26, 27, 63, 66 · $3,000 _____ per FINRA designated branch location · Plus all associated FINRA and & State fees for Registered Representatives, including license and license, renewal fees. · $500 ___ penalty to be paid by Advisor if written notice of termination of a RR is not received by Quasar within ten (10) business days of the RR’s effective date of termination. Fund Fact Sheets · Design - $1,000 _____ per fact sheet, includes first production · Production - $500.00 ___ per fact sheet per production period · All printing costs are out-of-pocket expenses, and in addition to the design fee and production fee. · Web sites, brochures and other sales support materials – Project priced via Quasar proposal. Out-of-Pocket Expenses Reasonable out-of-pocket expenses incurred by the Distributor in connection with activities primarily intended to result in the sale of Shares, including, without limitation: · typesetting, printing and distribution of Prospectuses and shareholder reports · production, printing, distribution and placement of advertising and sales literature and materials · engagement of designers, free-lxxxx writers and public relations firms · long-distance telephone lines, services and charges · postage, overnight delivery charges · FINRA registration fees [To include late U5 charge (if applicable)] (FINRA advertising filing fees are included in Advertising Compliance Review section above) · record retention · travel, lodging and meals Fees are billed monthly. * Subject to CPI increase, Milwaukee MSA.

Licensing of Investment Advisor’s Staff. (if desired) · $2,500 [ ] per year per registered representative (“RR) ”). · Quasar is limited to these licenses for sponsorship: Series, 6, 7, 24, 26, 27, 63, 66 · $3,000 [ ] per FINRA designated branch location · Plus all associated FINRA and State fees for Registered Representatives, including license and renewal fees. · CCO Support Charges $500 penalty to be paid by Advisor if written notice of termination of a RR is not received by Quasar within ten (10) business days of the RR’s effective date of termination. [ ] /year Fund Fact Sheets · Design - $1,000 [ ] per fact sheet, includes first production · Production - $500.00 [ ] per fact sheet per production period · All printing costs are out-of-pocket expenses, and in addition to the design fee and production fee. · Web sites, brochures and other sales support materials – Project priced via Quasar proposal. Out-of-Pocket Expenses Reasonable out-of-pocket expenses incurred by the Distributor in connection with activities primarily intended to result in the sale of Shares, including, without limitation: · typesetting, printing and distribution of Prospectuses and shareholder reports · production, printing, distribution and placement of advertising and sales literature and materials · engagement of designers, free-lxxxx xxxxx writers and public relations firms · long-distance telephone lines, services and charges · postage, postage · overnight delivery charges · FINRA registration fees (FINRA advertising filing fees are included in Advertising Compliance Review section above) · record retention · travel, lodging and meals Fees are billed monthly. * Subject to CPI increase, Milwaukee MSA.

Licensing of Investment Advisor’s Staff. (if desired) · $2,500 ____ per year per registered representative (RR) ); $____ per year per registered representative starting in 2009 · Quasar is limited to these licenses for sponsorship: Series, 6, 7, 24, 26, 27, 63, 66 · $3,000 per FINRA designated branch location · Plus all associated FINRA and State fees for Registered Representatives, including license and renewal fees. fees · $500 ___ penalty to be paid by Advisor if written notice of termination of a RR is not received by Quasar within ten (10) business days of the RR’s effective date of termination. Fund Fact Sheets · Design - $1,000 ____ per fact sheet, includes first production · Production - $500.00 ____ per fact sheet per production period · All printing costs are out-of-pocket expenses, and in addition to the design fee and production fee. · Web sites, brochures and other sales support materials – Project priced via Quasar proposal. Out-of-Pocket Expenses Reasonable out-of-pocket expenses incurred by the Distributor in connection with activities primarily intended to result in the sale of Shares, including, without limitation: · typesetting, printing and distribution of Prospectuses and shareholder reports · production, printing, distribution and placement of advertising and sales literature and materials · engagement of designers, free-lxxxx writers and public relations firms · long-distance telephone lines, services and charges · postage, postage · overnight delivery charges · FINRA registration fees (FINRA advertising filing fees are included in Advertising Compliance Review section above) · record retention · travel, lodging and meals Fees are billed monthly. * Subject to CPI increase, Milwaukee MSA.