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Exhibit (d)(4)
PARKSTONE ADVANTAGE FUND
FIRST AMENDMENT TO INVESTMENT ADVISORY AGREEMENT
This FIRST AMENDMENT TO INVESTMENT ADVISORY AGREEMENT (the "First
Amendment") dated as of October 1, 1999, by and between THE PARKSTONE ADVANTAGE
FUND, a Massachusetts business trust, located in Oaks, Pennsylvania (the
"Trust") and NATIONAL CITY INVESTMENT MANAGEMENT COMPANY (formerly First of
America Investment Corporation), located in Cleveland, Ohio (the "Investment
Advisor").
W I T N E S S E T H
WHEREAS, the parties hereto entered into that certain Investment Advisory
Agreement as of the 18th day of August, 1993, with respect to the Trust's
International Discovery Fund (the "Investment Advisory Agreement");
WHEREAS, the parties hereto wish to amend the Investment Advisory Agreement
to modify the amount of compensation to be paid to the Investment Adviser for
its services with regard to the International Discovery Fund.
NOW, THEREFORE, the parties hereto agree as follows:
1. DEFINITIONS. Unless otherwise defined herein, all capitalized terms
used in this First Amendment shall have their respective defined meanings
ascribed to them in the Investment Advisory Agreement.
2. AMENDMENTS. For the services provided and the expenses assumed pursuant
to the Investment Advisory Agreement, the Fund will pay the Investment Adviser,
and the Investment Adviser will accept as full compensation therefor, a fee set
forth on Schedule A hereto. The Fund's obligation to pay the above-described fee
to the Investment Adviser will begin as of the date of this First Amendment.
3. MISCELLANEOUS. Except to the extent expressly amended by this First
Amendment, the Investment Advisory Agreement shall remain unchanged and in full
force and effect. References therein to "this Agreement," "hereby," "herein,"
and the like shall be deemed to refer to the Investment Advisory Agreement, as
amended by this First Amendment. This First Amendment may be executed in two or
more counterparts, each of which shall be deemed an original, and all of which
together shall constitute one and the same instrument.
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IN WITNESS WHEREOF, the parties hereto have caused this instrument to be
executed by their officers designated below as of the day and year first above
written.
THE PARKSTONE ADVANTAGE FUND
By: /s/ Xxxxxxx X. Xxxxxxx, Xx.
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Xxxxxxx X. Xxxxxxx, Xx.
Its: President
NATIONAL CITY INVESTMENT
MANAGEMENT COMPANY
By: /s/ Xxxxxx X. Xxxxxxx
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Xxxxxx X. Xxxxxxx
Its: President
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DATED: OCTOBER 1, 1999
SCHEDULE A TO THE
FIRST AMENDMENT TO THE AUGUST 18, 1998 INVESTMENT ADVISORY AGREEMENT
BETWEEN THE PARKSTONE ADVANTAGE FUND AND
NATIONAL CITY INVESTMENT MANAGEMENT COMPANY
DATED OCTOBER 1, 1999
NAME OF FUND COMPENSATION
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International Discovery Fund Annual rate of one and fifteen one-
hundredths of one percent (1.15%) of the
average daily net assets of the Fund
