Annual Account Service Fees. Open Accounts1 Up to 700,000 accounts2 Direct Accounts Networked Accounts (ML 3) Accounts in excess of 700,000 accounts Direct Accounts Networked Accounts (ML 3) Accounts in excess of 1,000,000 accounts Direct Accounts Networked Accounts (ML 3) Closed Accounts Complex Base Fee Fees also include the following services at no additional charge: Audio Response – not including long distance and advanced features State Tax Reporting AML – Networked & Non-Networked Federal Wires Compliance Program (cont’d on next page) 1 Open Accounts are defined as an account which is open at any time during the month. Open Accounts may also be referred to as “Accounts Serviced”. 2 Breakpoint Discounts For Phoenix accounts between 700,001-1,000,000 the Sub-Transfer Agent will provide a discount of . For each Phoenix account the Sub-Transfer Agent services above 1,000,000 a TOTAL discount of will apply. For example: if the Sub-Transfer Agent services 1,000,000 Phoenix accounts, the discount would be . If the Sub-Transfer Agent services 1,050,000 Phoenix accounts, the discount would be . SCHEDULE 3.1 FEES (continued) Fees also include the following services at no additional charge: Regulatory Compliance Same Day Cash AWD RIP Omnibus Transparency (investigation fees only) Investor 12b1/TASS 12b1 processing Checkwriting Commfee Crystal reporting (for agreed upon reports where information available thru Powerselect) Sub-TA invoice process Omnibus Transparency Full Service Fees: Annual Technology Fee Accountlets3 0-500,000 500,001-2,000,000 2,000,001 and greater Investigation Fees Out of Pocket Expenses: In accordance with Section 3.2 of the Agreement. Out-of-pocket expenses will not be increased without the prior approval of the Transfer Agent. PHOENIX EQUITY PLANNING CORPORATION BOSTON FINANCIAL DATA SERVICES, INC. By: /s/ Xxxxx Xxxxxxxx By: /s/ Xxxx X. Xxxxxxx Name: Xxxxx Xxxxxxxx Name: Xxxx X. Xxxxxxx Title: Vice President, Mutual Fund Services Title: Division Vice President 3 An accountlet is the underlying sub-position on a Financial Intermediary’s system for an omnibus account. 4 Sub-Transfer Agent shall provide at least 60 days prior written notice to the Transfer Agent in the event Sub-Transfer Agent removes this fee waiver.
Annual Account Service Fees. 1 Open Accounts All Other non-ML3 Tiered 0 – 500,000 $9.75/Account 500,001 – 600,000 $9.25/Account 600,001 & above $8.75/Account Network Level 3 Brokerage Tiered 0 – 75,000 $4.00/Account 75,001 – 150,000 $3.75/Account 150,000 and above $3.50/Account * Applies to all ML3 accounts, including Brokerage ML3 accounts. Closed Accounts $0.60/Account Base Fee $2,000,000/Year XXX FEES: Annual Maintenance Fee $2.00/Account AUTOMATED WORK DISTRIBUTOR FEES (AWD) (Does not include hardware or 3rd party software) 2 TA2000 Client Workstation Fee $4,200/Workstation Scan Station Fee $6,000/Station BCP Fee $1,200/Workstation AWD Contact Fee $1,700/Workstation OTHER FEES, CHARGES AND EXPENSES. Other fees, charges or expenses as described in Section 3.2 of the Agreement shall be billed as incurred.
Annual Account Service Fees. Open Accounts: (up to 800,000 accounts)* Direct Accounts $6.00/account Networked Accounts $5.25/account Closed Accounts $1.45 account Other Annual Fees Investor $2.00/Investor Complex Base Fee $1,000,000 12b-1 Commissions/TASS (per account) $1.12/account COMFEE Processing (once initialized) $0.25/account Transaction Fees Checkwriting $1.09/draft * A discount of $.50 per account will be applied for each account in excess of 800,000 accounts. An additional discount of $.25 per account will be applied for accounts in excess of 1,000,000 accounts. Out-of-Pocket Expenses**: Out-of-pocket expenses include but are not limited to Automated Work Station “AWD” support fees, confirmation statement files, NSCC charges, postage, forms, audio response, Internet based applications, disaster backup, project management, business event management, programming, reports, telephone/line charges, faxes, transmissions, freight, records retention, federal funds wires, microfiche, CD ROMS, fund implementation and expenses incurred at the specific direction of the Transfer Agent. PHOENIX EQUITY PLANNING CORPORATION BOSTON FINANCIAL DATA SERVICES, INC. By: /s/ Xxxxx Xxxxxxxx By: /s/ Xxxxx Xxxxxxxxx Name: Xxxxx Xxxxxxxx Name: Xxxxx Xxxxxxxxx
Annual Account Service Fees. For the first 1,000,000 accounts*: Matrix Level 3 Accounts $7.49/account Non-Matrix Level 3 Accounts $9.63/account *All Accounts Serviced in excess of 1,000,000 will be discounted by $0.50 per Account. Transaction Fees: ACH Transaction $0.64/transaction Check-writing item $1.23/check Other Fees: Complex Base Fee $1,100,000/year Complex Base Fee: • The following out-of-pocket and service fees have been reduced and bundled into the Complex Base Fee noted above:
Annual Account Service Fees. Open Account Fees: Direct Account (Non NSCC Matrix Level III) Fees 0 to 100,000 Accounts $9.00/account 100,001 and Above Accounts $7.00/account Networked Account (NSCC Matrix Level ITT) Fees 0 to 100,000 Accounts $5.00/account 100,001 and Above Accounts $3.00/account Complex Base Fee $100,000.00 Closed Account Fee $1.80/account Retirement Fee (paid by shareholder) XXX Custodial Fee $15.00/SSN Automated Work Distributor TM CAWD®): Workstation Fee 1 $5,200.00/workstation Implementation 2 Data Conversion Included Image Conversion Included Reimbursable Expenses In accordance with Section 3.2 of the Agreement. Billed as Incurred 1 Only applicable if AWO Workstations are required at the Fund‘s locations. Does not include hardware or third-party software. 2 Reimbursable expenses, including travel and statement development, are not included. All other Fund programming/enhancement requests will be billed at the then current rates. Exhibit (h)(2) SCHEDULE 3.1 FEES AND EXPENSES
Annual Account Service Fees. Open Accounts1 Up to 700,000 accounts2 Direct Accounts $ 9.20/account Networked Accounts (ML 3) $ 7.60/account Accounts in excess of 700,000 accounts Direct Accounts $ 8.70/account Networked Accounts (ML 3) $ 7.10/account Accounts in excess of 1,000,000 accounts Direct Accounts $ 8.45/account Networked Accounts (ML 3) $ 6.85/account Closed Accounts $ 1.35/account Complex Base Fee $ 150,000.00/year Fees also include the following services at no additional charge: Audio Response – not including long distance and advanced features State Tax Reporting AML – Network & Non-Networked Federal Wires Compliance Program (cont’d on next page) 1 Open Accounts are defined as an account which is open at any time during the month. Open Accounts may also be referred to as “Accounts Serviced”. 2 Breakpoints Discounts For Phoenix accounts between 700,001-1,000,000 the Sub-Transfer Agent will provide a discount of $.50/Yr/Account. For each Phoenix account the Sub-Transfer Agent services above 1,000,000 a TOTAL discount of $.75/Yr/account will apply. For example if the Sub-Transfer Agent services 1,000,000 Phoenix accounts, the discount would be $150,000 ($.50 x 300,000 accounts). If the Sub-Transfer Agent services 1,050,000 Phoenix accounts, the discount would be $187,500 (($.50 x 300,000) + ($.75 x 50,000)). SCHEDULE 3.1 FEES (continued) Fees also include the following services at no additional charge: Regulatory Compliance Same Day Cash AWD RIP Omnibus Transparency (investigation fees only) Investor 12b1/TASS 12b1 processing Checkwriting Commfee Crystal reporting (for agreed upon reports where information available thru Powerselect) Sub-TA invoice process
Annual Account Service Fees. Activity Based Fees Other Fees [DST products including AWD Remote Workstations, Excess History, Fan Mail, Fan Web, Powerselect, TA2000 Voice (Touch-tone and audio response) and Vision] XXX Custodial Fees Reimbursable Expenses Billed as Incurred In accordance with Section 2.2 of the Agreement. EACH OF THE ENTITIES, INDIVIDUALLY AND NOT JOINTLY, AS LISTED ON SCHEDULE A BOSTON FINANCIAL DATA SERVICES, INC. By: By: Name: Name: Title: Title: As an Authorized Officer on behalf of each of the Funds indicated on Schedule A
Annual Account Service Fees. Non Networked Account Fee Networked Account Fee Base Fee (per Fund) Regulatory and Compliance Fee: Compliance Plus Fee Other Account Fees: Closed Account Fee AMLFee $12.00/account $ 4.00/account $19,500.00/fund $0.50/account $2.00/account $0.40/Non-Networked Account $0.25/Networked Account Activity Based Fees: New Account Set Up Manual Financial Transactions Manual Non-Financial Transactions Telephone Calls (received/placed) Ad-Hoc Reporting (in excess of IO reports/month) Fund Implementation Fee: Fiduciary Administration Fees: Account Maintenance Fee (paid by shareholder) Omnibus Transparency Fees: Monitoring Fees Monthly Administrative Fee Data Storage Fee Annual Automated Work Distributor ("AWD") Fees 2 License and Remote Processing Call Forwarding Event Fees Per Call Surcharge Less than 2 hours 3 2-4 hours 4-8 hours $4.50/each $3.50/each $2.50/each $3.50/each $50.00/report $1,650.00/CUSIP $15.00/SSN/Plan $3,000 per month1 $0.0375 per accountlet per month $5,000.00/workstation $4.00 per call Waived $250.00 per event $500.00 per event 1 Includes fees for Omnibus Transparency, Short-Term Trade and Excessive Trader. Fee will remain at $3,000 per month during the term of this Schedule. 2 Excludes hardware, third-party software or connectivity costs. 3 Waiver applies to a maximum of three events ofless than 2 hours per month, and additional events ofless than 2 hours will be subject to 2-4 hour event rate. Full/Multi-Day Event FAN Plan Sponsor Fees Transaction Fee Reimbursable Expenses In accordance with Section 3.2 of the Agreement. $1,000.00 per day $0.35 per transaction Billed as Incurred
Annual Account Service Fees. Open Closed Minimum CGM Mutual Fund $14.00/account $ 5.52/account $2,254/CUSIP CGM Realty Fund $14.00/account $ 5.52/account $1,127/CUSIP CGM Focus Fund $14.00/account $ 5.52/account $1,127/CUSIP Activity Based Fees New Account Set-up $ 3.38/each Telephone Calls $ 7.50/each ACH $ .40/each High Dollar Trades $ 18.00/each Additional Annual Fees Investor Processing (Optional) $ 1.80/Investor Disaster Recovery/EmergencyBackup Services $ .29/account Blue Sky Services Fees Base Fee $5,000.00/fund/year Technology Cost • $4,000.00 one-time complex fee for establishing a new broker or transfer agent feed • $1,000.00 one-time complex fee for electronic conversion Fiduciary Fees Annual Maintenance $ 15.00/account* Close out $ 5.00/account** *Note: $6.00 paid to the Fund and $9.00 paid to the Transfer Agent Payments made to the Fund shall be paid within 45 days from the end of each calendar year. **Note: Split evenly between the parties. All Non-Same Day (TD+1) Processing/Settlement Environments Base Fee $100.00/intermediary/month Transactions (manual or automated) $ 15.30/each Telephone Calls (inbound/outbound) $ 4.08/each Schedule 3.1 - 4 SCHEDULE 3.1 FEES AND EXPENSES Dated: October 1, 2014 (continued) All Electronic Data Transmissions Data Transmissions/interfaces First 10 Intermediaries $ 50.00/intermediary/month Next 15 Intermediaries $ 40.00/intermediary/month Intermediaries over 25 $ 30.00/intermediary/month Initial Set-Up Standard programming/client service fee Reimbursable Expenses Billed as Incurred In accordance with Section 3.2 of the Agreement and as follows. An annual per account (open and closed) rate of $4.18± for reasonable expenses/AML Delegated Duties shall be billed on a monthly basis at the rate of 1/12 the annual fee to the Funds. Listed below are additional reimbursable expenses not included in the above fee rate that shall be billed to the Funds in accordance with the terms of the Agreement: • Quarterly reports/prospectus (related householding, postage and statement tapes); • Quarterly/annual dividend statements, fiduciary fee letter and tax forms (related householding, postage and statement tapes); • New fund implementation, conversions, mergers and closings; • Any unforeseen event (new expense) or an expense that inflates by 25% or greater as agreed upon by both parties; and • Compliance+/info disc (tax forms) ±Note: Any U.S. Postal increase or vendor increases will automatically result in a recalculation of this fee. EACH OF THE ENTITIES, I...
Annual Account Service Fees. The status of each Account will be determined after the completion of the last business day of each month. In the event that the Fund or their respective designees internalized certain functions, the Transfer Agent agrees to renegotiate the following service fees: Open Accounts*: $9.25 per Account per year NSCC Accounts: $6.00 per Account per year Closed Accounts: $1.45 per Account per year XXX Accounts: $10.00 per Social Security Number Telephone Calls: $1.40 per minute + Non-Standard Manual Transactions $3.00 per item Non-Standard Correspondence Items $3.00 per item * An “Open Account” refers to any account on the Transfer Agent’s system that does not have a “Closed” flag on it. +Additional fees apply for Call Center service provided during NYSE Holidays in accordance with Section 1.2(g).
