AMENDMENT TO FUND ACCOUNTING AGREEMENT
AMENDMENT TO FUND ACCOUNTING AGREEMENT
THIS Amendment TO FUND ACCOUNTING AGREEMENT (this “Amendment”) effective as of February 5, 2024, by and among CM Advisors Family of Funds, a limited liability company organized under the laws of the state of Delaware (the “Trust”), and Ultimus Fund Solutions, LLC, an Ohio limited liability company (“Ultimus”).
WHEREAS, Ultimus and the Trust are parties to that certain Fund Accounting Agreement dated November 20, 2006, as amended (the “Agreement”); and
WHEREAS, the parties desire to amend the Agreement as described herein.
NOW, THEREFORE, in consideration of the premises and of the mutual covenants and agreements herein set forth, the parties hereto agree as follows:
1. Amendments.
| (a) | Schedule B to the Agreement hereby is deleted in its entirety and replaced with Schedule B attached hereto, as the same may be amended from time to time. |
2. Miscellaneous.
(a) Except as amended hereby, the Agreement shall remain in full force and effect.
(b) This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
IN WITNESS WHEREOF, each party hereto has caused this Amendment to be executed by its duly authorized officer as of the date and year first above written.
|
By: /s/ Xxxxx X. Brilliant Xxxxx X. Brilliant President, CM Advisors Family of Funds |
ULTIMUS FUND SOLUTIONS, LLC
By: /s/ Xxxx Xxxxxxx Xxxx Xxxxxxx Chief Executive Officer |
SCHEDULE B
TO THE FUND ACCOUNTING AGREEMENT BETWEEN
AND
ULTIMUS FUND SOLUTIONS, LLC
DATED NOVEMBER 20, 2006
FEES AND EXPENSES
FEES:
The Trust will pay Xxxxxxx on the first business day after the end of each month, or at such time(s) as Xxxxxxx shall request and the parties hereto shall agree, a fee computed with respect to each Portfolio as follows:
Base fee per Portfolio per year as follows:
| One | Two | Three | |
| CM Advisors Fixed Income Fund | $_____ | $_____ | $_____ |
Number of Share Classes
Plus an asset based fee of:
| Average Daily Net Assets | Asset Based Fee |
| $0 to $500 million | _____% |
| In excess of $500 million | _____% |
PRICE QUOTES:
Price Quotes. The Trust on behalf of each Portfolio agrees to pay the charges for primary securities/commodity price quotes, which charges are determined by Xxxxxxx’ 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 | $_____ |
| International Equity (Non-Fair Value) | $_____ |
| International Equity (Fair Value) | $_____ |
| Options | $_____ |
| Futures (Listed) | $_____ |
| Corporate Bonds, MBS Bonds, MBS ARMs, & Money Markets | $_____ |
| Government/Agency | $_____ |
| Floating Rate MTN | $_____ |
| Municipal Bonds | $_____ |
| High Yield Corporate Bonds & High Yield Municipal Bonds | $_____ |
| International Bond | $_____ |
| ABS & ABS Home Equity | $_____ |
| CMO Non-Agency Whole Loan ARMs, CMOs, & CMO Other ARMs | $_____ |
| CMBS | $_____ |
| CDO & CLO | $_____ |
| Leverage Loans/Bank loans [monthly] | $_____ |
| Exchange Rates - Spot and Forwards | $_____ |
| Other Securities/Complex, Hard-to-Value | Market |
| Manual Pricing Inputs/Advisor Provided | $_____ per month up to 10 manual inputs |
| Controlled Foreign Corporation (CFC) | $_____/month/CFC |
PERFORMANCE REPORTING:
For Performance Reporting (including After-Tax Performance Reporting), Xxxxxxx charges each share class a fee of $_____ per month.
OUT-OF-POCKET EXPENSES:
The fees set forth above shall be in addition to the payment of out-of-pocket expenses, as provided for in Section 4 of the Agreement.
The parties duly executed this Schedule B as of February 5, 2024.
| CM Advisors Family of Funds | Ultimus Fund Solutions, LLC | |||
|
By: |
/s/ Xxxxx Xxxxxxxxx |
By: |
/s/ Xxxx Xxxxxxx | |
| Name: | Xxxxx X. Brilliant | Name: | Xxxx Xxxxxxx | |
| Title: | President, CM Advisors Family of Funds | Title: | Chief Executive Officer |
