Exhibit 9(ii) under Form N-1A
Exhibit 10 under Item 601/Reg. S-K
SCHEDULE B
TRANSFER AGENCY AND SERVICE AGREEMENT
This Schedule B of the Transfer Agency and Service Agreement is made
and entered into as of February 21, 1997, by and between Vision Group of
Funds, Inc. (the `Company''), a Maryland corporation, and Federated
Services Company (`Federated'').
WHEREAS, the Company entered into Transfer Agency and Service
Agreement with State Street Bank and Trust Company (`State Street''),
dated as of July 5, 1990 (the `Agreement''); and
WHEREAS, the Agreement was assigned from State Street to Federated,
and Federated assumed the duties and obligations under such Agreement,
pursuant to an Assignment of the Transfer Agency and Service Agreement for
the Vision Group of Funds, Inc., dated as of March 31, 1994;
WHEREAS, the Company and Federated have agreed to supplement the
Agreement, as assigned, in certain respects;
NOW THEREFORE, the parties intending to be legally bound agree as
follows:
1. The Agreement, as assigned, is amended by ratifying the following
fee schedule, effective as of March 31, 1994:
FEES AND EXPENSES
TRANSFER AGENCY
I. ANNUAL MAINTENANCE CHARGE
The annual maintenance charge includes the processing of all
transactions and correspondence. The fee is billable on a monthly basis at
the rate of 1/12 of the annual fee. A charge is made for an account in the
month that an account opens or closes.
BASIC ANNUAL PER ACCOUNT FEES
The individual per account charges will be billed as follows:
-Daily Accrual $16.65
-Declared Dividend $8.75
MINIMUM CHARGES
- The monthly maintenance charge for each fund will be the actual
account fees or $2000, whichever is greater.
II. OUT-OF-POCKET EXPENSES
Out-of-pocket expenses include but are not limited to postage (including
overnight courier service), statement stock, envelopes, telecommunication
charges (including Fax), travel, duplicating, forms, supplies, microfiche,
computer access charges, client specific enhancements, disaster recovery,
closed account fees, processing fees (including check encoding), and
expenses incurred at the specific direction of the fund. Postage for mass
mailings is due seven days in advance of the mailing date.
III. PAYMENT
Payment is due thirty days after the date of the invoice.
Witness the due execution hereof as of the 21st day of February, 1997.
Attest: VISION GROUP OF FUNDS, INC.
/S/ Xxxxxx X. Xxxxxxx By:/s/ Xxxxxxx X. Xxxxx, Xx.
Secretary Vice President
Attest: FEDERATED SERVICES COMPANY
/s/ S. Xxxxxxx Xxxxx By:/s/ Xxxxxx X. Xxxx
Assistant Secretary Senior Vice President
