Lyon Capital Management, LLC  Fee Schedule

The annual fee for investment advisory services is calculated as a percent of assets in accordance with the fee schedule set forth below.

1.00% on the first $1,000,000

0.75% on the next $4,000,000

0.50% on any amount over $5,000,000

This fee is paid quarterly, in advance, based on the value of the assets on the last business day of the previous quarter. There is a minimum annual fee of $2,500 per year which may be waived in certain circumstances. We group accounts held by members of the same household together for fee calculation purposes. We reserve the right to amend our fee schedule with 60-days notice to the investor.  Investment management fees are negotiable.

Fees for investment management consulting are based on an hourly rate negotiated in advance.