TRANSFER FEE

Routine items (per certificate issued, prepaid: $10 will be added to each item billed or “pre-billed”)

$25

CANCELLATION FEE

cancellation of up to 10 certificates included in fee to issue 1; fee for each certificate over 10 is

$4

EXPEDITE FEE

Per item (in addition to transfer fee)

$35

INQUIRY FEE

Per request covered by Rule 17Ad-5(c)

$30

Per request covered by Rule 17Ad-5(d)

$20

REJECT FEE

applicable when endorsements or guarantees or other documents provided are not adequate to permit a requested transfer, or when an item is patently presented to wrong agent (an additional $20 will be charged for each subsequent rejected presentation of             the same item)

$35

RESTRICTED TRANSFER/LEGAL REVIEW FEES

in addition to transfer fee, applicable to all requests to remove legend(s) from restricted securities and/or to change the registration of restricted shares (all such requests are reviewed by ARTCO’s attorney

$50

DOCUMENT REVIEW FEE

in addition to transfer fee, applicable when ARTCO is required or requested to review documents such as trust agreements, court orders, etc. in connection with a requested transfer (ARTCO may elect to waive this fee where a request and/or the related documents are relatively short and straight-forward)

$25

CERTIFICATE REPLACEMENT FEE

in addition to transfer fee(s), to cover cost of correspondence and for review of bonds and other related documents, one time fee          covers all correspondence

$50