Exhibit (g)(2)
PORTICO FUNDS, INC.
COMPENSATION AGREEMENT DATED AS OF ______________, 2001
PURSUANT TO CUSTODIAN AGREEMENT
WHEREAS, Portico Funds, Inc., a Minnesota corporation (hereinafter
called the "Fund"), and U.S. Bank National Association, a national banking
association organized and existing under the laws of the United States of
America with its principal place of business at Minneapolis, Minnesota
(hereinafter called the "Custodian"), entered into that Custodian Agreement
dated ___________________, 2001 (the "Custodian Agreement"); and
WHEREAS, Article 13 of the Custodian Agreement provides that the
Custodian shall be paid compensation at such rates and at such times as may from
time to time be agreed on in writing by the parties thereto; and
WHEREAS, the Fund and the Custodian wish to make provision for the
compensation to be paid by the Fund to the Custodian with respect to the
respective series of the Fund.
NOW, THEREFORE, the Fund and the Custodian agrees as follows:
1. The compensation payable to the Custodian pursuant to the
Custodian Agreement with respect to Large Cap Growth Fund
shall be payable monthly at the annual rate of [ ]%,
calculated as a percentage of its average daily net assets.
2. This Compensation Agreement restates and supersedes all prior
compensation agreements relating to Large Cap Growth Fund, if
any, pursuant to Article 13 of the Custodian Agreement.
IN WITNESS WHEREOF, the Fund and the Custodian have caused this
instrument to be executed in duplicate as of the date first above written by
their duly authorized officers.
PORTICO FUNDS, INC.
By
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Its
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U.S. BANK NATIONAL ASSOCIATION
By
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Its
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