Exhibit 9.1(b)
Amended and Restated
Schedule A
to the
Transfer Agent Agreement
by and between
ICAP Funds, Inc.
and
Sunstone Investor Services LLC
Intending to be legally bound, the undersigned hereby
amend and restate Schedule A to the aforesaid Agreement
to include the following investment portfolios
effective as of the date hereof:
ICAP Equity Portfolio
ICAP Discretionary Equity Portfolio
ICAP Euro Select Equity Portfolio
ICAP Select Equity Portfolio
Dated: November 13, 1997.
ICAP FUNDS, INC. SUNSTONE INVESTOR SERVICES LLC
By: /s/ Xxxxxx X. Xxxxxx By: /s/ Xxxxxx X. Xxxxxxx
--------------------------- -----------------------------
Vice President and Treasurer Xxxxxx X. Xxxxxxx
President
Amended and Restated
Schedule C
to the
Transfer Agent Agreement
by and between
ICAP Funds, Inc.
and
Sunstone Investor Services LLC
Intending to be legally bound, the undersigned hereby
amend and restate Schedule C to the aforesaid as
follows effective as of the date hereof:
FEE SCHEDULE
Base fees
Annual Shareholder Minimum Annual Fee Per Fund
Account Fee 0 to 249 more than 250
Type of Fund Open/Closed shareholders shareholders
Equity $18.00/$3.00 $17,000 $20,000
The base fee assumes a single class of shares, no
load, no 12b-1 plan, availability of automatic
investment plans and systematic withdrawal plans,
quarterly or less frequent dividend distributions
for equity funds, annual capital gains
distributions, and includes all standard reports.
Additional fees to be added to base fee
Type of Service or Annual Shareholder Minimum Annual Fee
Fund Function Account Fee Per Fund
12b-1 plan $1.00 $1,000
Multiple class 25% of base fee minimum
(per class)
One-time set-up fees
New funds set up (per fund) $2,000
NSCC Fund/SERV and Networking set-up (per fund group) 2,500
Remote access set-up (per location) 500
Voice Response Unit (VRU) set-up 2,000
Account maintenance and processing fees (per
occurrence)
Omnibus account transaction $2.50
Certificate issuance $4.00
Locating lost shareholders $8.00
Out-of-pocket expenses
Per statement confirmation and check processing $0.25
Per tax form processing $0.15
Per label printing for proxy or marketing purposes $0.05
Production of ad hoc reports starting at $100
Bulk mailings/insert handling charge
1 insert $0.06
2 - 3 inserts $0.08
4 or more inserts as quoted
Bank account service fees and any other bank charges at cost
Statement paper, cheek stock, envelopes, tax forms at cost
Postage and express delivery charges at cost
Telephone and long distance charges at cost
Fax charges at cost
P.O. box rental at cost
800-phone number at cost
Inventory and records storage at cost
Fund/SERV charges at cost
Monthly remote access user charges
First user and password $250
Additional users and passwords (each) $100
Remote access line charge at cost
Additional
(which may be passed on to shareholders)
Outgoing wire fee varies by bank
Account transcripts older than 2 years
(per year, per fund) $5.00
Non-sufficient funds varies by bank
XXX/SEP/SIMPLE/403(b) processing
Annual maintenance or custodial fee (per account) $15.00
Account termination (transfer or rollover) $15.00
Custom programming
Additional fees may apply for special programming to
meet your servicing requirements or to create custom reports.
Dated: November 13, 1997.
ICAP FUNDS, INC. SUNSTONE INVESTOR SERVICES LLC
By: /s/ Xxxxxx X. Xxxxxx By: /s/ Xxxxxx X. Xxxxxxx
-------------------------- -----------------------------
Vice President and Treasurer Xxxxxx X. Xxxxxxx
President
