99.(h)(3)
SUB-ADMINISTRATION AGREEMENT
AMENDMENT
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THIS AMENDMENT, dated as of ____________, 2001, is made to the
Sub-Administra tion Agreement dated October 1, 1999 (the "Agreement")
between ESQF Advisers, Inc. (the "Administrator") and First Data Investor
Services Group, n/k/a PFPC Inc. ("PFPC").
WITNESSETH
WHEREAS, the parties reserved to themselves the right to amend the
Agreement from time to time in a writing executed by the parties; and
WHEREAS, the parties now desire to amend the Agreement to reflect
the addition of the Third Avenue International Value Fund.
NOW THEREFORE, the Administrator and PFPC agree that as of the
date first refer enced above, the Agreement shall be amended as follows:
1. All references to "First Data Investor Services Group, Inc." and
"Investor Services Group" in the Agreement shall be replaced with
references to "PFPC Inc." and "PFPC", respectively.
2. Schedule A to the Agreement is hereby deleted in its entirety and
replaced with the attached Schedule A.
3. This Amendment contains the entire understanding between the
parties with respect to the transactions contemplated hereby. To
the extent that any provision of this Amendment modifies or is
otherwise inconsistent with any provision of the Agreement and
related agreements, this Amendment shall control, but the
Agreement and all related documents shall otherwise remain in full
force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment
to be executed by their duly authorized officers, as of the day and year
first above written.
EQSF ADVISERS, INC. PFPC INC.
(f/k/a First Data Investor Services
Group, Inc.)
By: _____________________________ By: _______________________________
Title: ___________________________ Title: ______________________________
SCHEDULE A
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LIST OF PORTFOLIOS
Third Avenue Value Fund
Third Avenue Small-Cap Value Fund
Third Avenue Real Estate Value Fund
Third Avenue International Value Fund
