Cullinan Associates, Inc. (Our Company)

Cullinan Associates is a team of financial professionals who provide the investment expertise you seek and the personal service you deserve. R. Keith Cullinan, Royden K. Cullinan and Brian L. Cullinan founded Cullinan Associates in 1990 with the goal of creating an investment management firm that combines specialized investment advice with exemplary client service. Bringing together their experience in banking and trust, wealth management, securities law and estate planning, the result is a firm that melds modern technology with traditional ideals of service and integrity.

Investment Experience
Our senior management has more than 150 years combined financial services>experience.

Professional Designations include:

	Chartered Financial Analyst (CFA)
	Certified Public Accountant (CPA)
	NASD Series 4 Registered Options Principal
	NASD Series 7 General Securities Representative
	NASD Series 24 General Securities Principal
	NASD Series 27 Financial and Operations Principal

Accessible Portfolio Managers communicate regularly with clients and financial advisors
Committed One principal is dedicated to supporting financial advisors
Responsive One principal is dedicated to providing "rapid response" client service
Personalized Every account is individually managed, not "pooled"

	Online order entry and trade confirmation
	Proprietary stock/option database and portfolio management software
	State-of-the-art portfolio accounting system
	Full-time information technology manager

Options involve risk and are not suitable for everyone. Please read and understand the options risk disclosure document, Characteristics and Risks of Standardized Options, before engaging in any options transaction. The strategy does not employ margin or any other form of leverage. The upside potential of fully written call option positions is limited to the strike price plus the premium received. The call writer continues to bear the downside risk of stock ownership if the stock price decreases more than the premium received. Past performance does not guarantee future results. This information should not be considered investment advice or a recommendation to buy or sell any particular security. This document is provided for informational purposes only. No representation or warranty can be given with respect to the accuracy or completeness of the information contained herein. Documentation for any assertions made herein will be supplied upon request. Nothing contained herein is to be construed as legal or tax advice. Any investor considering this investment strategy is encouraged to consult a legal or tax advisor.