Common use of Price Quotes Clause in Contracts

Price Quotes. The charges for securities/commodity price quotes are determined by ▇▇▇▇▇▇▇’ cost of obtaining such quotes and, therefore, are subject to change. Current charges (presented as per security/per day unless otherwise noted) are as follows: Canadian and Domestic Equities $0.08 International Equity (Non-Fair Value) $0.40 International Equity (Fair Value) $0.70 Options $0.10 Futures (Listed) $0.27 Corporate Bonds, MBS Bonds, MBS ARMs, & Money Markets $0.60 Government/Agency $0.58 Floating Rate MTN $0.62 Municipal Bonds $0.66 High Yield Corporate Bonds & High Yield Municipal Bonds $0.82 International Bond $1.08 ABS & ABS Home Equity $1.09 CMO Non-Agency Whole Loan ARMs, CMOs, & CMO Other ARMs $1.09 CMBS $1.42 CDO & CLO $3.75 Leverage Loans/Bank loans [monthly] $16.00 Exchange Rates - Spot and Forwards $0.66 Other Securities/Complex, Hard-to-Value Market Manual Pricing Inputs/Advisor Provided $100 per month up to 10 manual inputs Controlled Foreign Corporation (CFC) $100/month/CFC

Price Quotes. The charges for securities/commodity price quotes are determined by ▇▇▇▇▇▇▇Ultimus’ cost of obtaining such quotes and, therefore, are subject to change. Current charges (presented as per security/per day unless otherwise noted) are as follows: Canadian and Domestic Equities $0.08 International Equity (Non-Fair Value) $0.40 International Equity (Fair Value) $0.70 Options $0.10 Futures (Listed) $0.27 Corporate Bonds, MBS Bonds, MBS ARMs, & Money Markets $0.60 Government/Agency $0.58 Floating Rate MTN $0.62 Municipal Bonds $0.66 High Yield Corporate Bonds & High Yield Municipal Bonds $0.82 International Bond $1.08 ABS & ABS Home Equity $1.09 CMO Non-Agency Whole Loan ARMs, CMOs, & CMO Other ARMs $1.09 CMBS $1.42 CDO & CLO $3.75 Leverage Loans/Bank loans [monthly] $16.00 Exchange Rates - Spot and Forwards $0.66 Other Securities/Complex, Hard-to-Value Market Manual Pricing Inputs/Advisor Provided $100 [REDACTED] per month up to 10 manual inputs Controlled Foreign Corporation (CFC) $100/month[REDACTED]/month/CFC

Price Quotes. The charges for securities/commodity price quotes are determined by ▇▇▇▇▇▇▇’ cost of obtaining such quotes and, therefore, are subject to change. Current charges (presented as per security/per day unless otherwise noted) are as follows: Canadian and Domestic Equities $0.08 International Equity (Non-Fair Value) $0.40 International Equity (Fair Value) $0.70 Options $0.10 Futures (Listed) $0.27 Corporate Bonds, MBS Bonds, MBS ARMs, & Money Markets $0.60 Government/Agency $0.58 Floating Rate MTN $0.62 Municipal Bonds $0.66 High Yield Corporate Bonds & High Yield Municipal Bonds $0.82 International Bond $1.08 ABS & ABS Home Equity $1.09 CMO Non-Agency Whole Loan ARMs, CMOs, & CMO Other ARMs $1.09 CMBS $1.42 CDO & CLO $3.75 Leverage Loans/Bank loans [monthly] $16.00 Exchange Rates - Spot and Forwards $0.66 Other Securities/Complex, Hard-to-Value Market Manual Pricing Inputs/Advisor Provided $100 [REDACTED] per month up to 10 manual inputs Controlled Foreign Corporation (CFC) $100/month[REDACTED]/month/CFC

Price Quotes. The charges for primary securities/commodity price quotes are determined by ▇▇▇▇▇▇▇Ultimus’ cost of obtaining such quotes and, therefore, are subject to change·. Current charges (presented as per security/per day unless otherwise noted) are as follows: Canadian and Domestic Equities $$ 0.08 International Equity (Non-Fair Value) $$ 0.40 International Equity (Fair Value) $$ 0.70 Options $$ 0.10 Futures (Listed) $$ 0.27 Corporate Bonds, MBS MES Bonds, MBS ARMs, & Money Markets $$ 0.60 Government/Agency $$ 0.58 Floating Rate MTN $$ 0.62 Municipal Bonds $$ 0.66 High Yield Corporate Bonds & High Yield Municipal Bonds $$ 0.82 International Bond $$ 1.08 ABS & ABS Home Equity $$ 1.09 CMO Non-Agency Whole Loan ARMs, CMOs, & CMO Other ARMs $$ 1.09 CMBS $$ 1.42 CDO & CLO $CDO&CLO $ 3.75 Leverage Loans/Bank loans [monthly] $$ 16.00 Exchange Rates - Spot and Forwards $$ 0.66 Other Securities/Complex, Hard-to-Value Market Manual Pricing Inputs/Advisor Provided $100 per month up to 10 manual inputs Controlled Foreign Corporation (CFC) $100/month/CFC

Price Quotes. The charges for securities/commodity price quotes are determined by ▇▇▇▇▇▇▇Ultimus’ cost of obtaining such quotes and, therefore, are subject to change. Current charges (presented as per security/per day unless otherwise noted) are as follows: Volumetric Fund Inc. Fee Letter Page 1 of 5 Canadian and Domestic Equities $0.08 International Equity (Non-Non Fair Value) $0.40 International Equity (Fair Value) $0.70 Options $0.10 Futures (Listed) $0.27 Corporate Bonds, MBS Bonds, MBS ARMs, & and Money Markets $0.60 Government/Agency $0.58 Floating Rate MTN $0.62 Municipal Bonds $0.66 High Yield Corporate Bonds & Bonds, High Yield Municipal Bonds $0.82 International Bond $1.08 ABS & ABS, ABS Home Equity $1.09 Equity, CMO Non-Agency Whole Loan ARMs, CMOs, & and CMO Other ARMs $1.09 CMBS $1.42 CDO & CLO $3.75 Options $0.10 Futures (Listed) $0.27 Leverage Loans/Bank loans [monthly] $16.00 Exchange Rates - Spot and Forwards $0.66 International Equity (Fair Value) $0.70 Other Securities/Complex, Hard-to-Value Market Manual Pricing Inputs/Advisor Provided $100 per month up to 10 manual inputs Controlled Foreign Corporation (CFC) $100/month/100 per month per CFC

Price Quotes. The charges for securities/commodity price quotes are determined by ▇U▇▇▇▇▇▇’ cost of obtaining such quotes and, therefore, are subject to change. Current charges (presented as per security/per day unless otherwise noted) are as follows: Canadian and Domestic Equities $0.08 $ 0.0900 International Equity (Non-Non Fair Value) $0.40 International Equity (Fair Value) $0.70 Options $0.10 Futures (Listed) $0.27 $ 0.1500 Corporate Bonds, MBS Bonds, MBS ARMs, & and Money Markets $0.60 $ 0.6747 Government/Agency $0.58 $ 0.6522 Floating Rate MTN $0.62 $ 0.6973 Municipal Bonds $0.66 $ 0.7422 High Yield Corporate Bonds & Bonds, High Yield Municipal Bonds $0.82 $ 0.9221 International Bond $1.08 ABS & $ 1.2145 ABS, ABS Home Equity $1.09 Equity, CMO Non-Agency Whole Loan ARMs, CMOs, & and CMO Other ARMs $1.09 $ 1.2258 CMBS $1.42 $ 1.5969 CDO & CLO $3.75 $ 4.2171 Options (Listed) $ 0.1060 Futures (Listed) $ 0.2955 Leverage Loans/Bank loans [monthly] $16.00 $ 16.9600 Exchange Rates - Spot and Forwards $0.66 $ 0.7386 International Equity (Fair Value) $ 0.7872 CDS & CDX Swaps [monthly] $ 66.2500 Other Securities/Complex, Hard-to-Value Market Manual Pricing Inputs/Advisor Adviser Provided (other than odd lot pricing) $100 per month up to for each additional 10 manual inputs Controlled Foreign Corporation (CFC) Odd Lot Pricing Fee $100500/Fund per month plus $15/odd lot security per month/CFC

Price Quotes. The charges for securities/commodity price quotes are determined by ▇▇▇▇▇▇▇Ultimus’ cost of obtaining such quotes and, therefore, are subject to change. Current charges (presented as per security/per day unless otherwise noted) are as follows: Canadian and Domestic Equities $0.08 International Equity (Non-Non Fair Value) $0.40 International Equity (Fair Value) $0.70 Options $0.10 Futures (Listed) $0.27 Corporate Bonds, MBS Bonds, MBS ARMs, & and Money Markets $0.60 Government/Agency $0.58 Floating Rate MTN $0.62 Municipal Bonds $0.66 High Yield Corporate Bonds & Bonds, High Yield Municipal Bonds $0.82 International Bond $1.08 ABS & ABS, ABS Home Equity $1.09 Equity, CMO Non-Agency Whole Loan ARMs, CMOs, & and CMO Other ARMs $1.09 CMBS $1.42 CDO & CLO $3.75 Options $0.10 Futures(Listed) $0.27 Leverage Loans/Bank loans [monthly] $16.00 Exchange Rates - Spot and Forwards $0.66 International Equity (Fair Value) $0.70 Other Securities/Complex, Hard-to-Value Market Manual Pricing Inputs/Advisor Provided $100 per month up to 10 manual inputs Controlled Foreign Corporation (CFC) $100/month/100 per month per CFC