THE JENSEN PORTFOLIO, INC. AMENDMENT TO THE AMENDED AND RESTATED TRANSFER AGENT SERVICING AGREEMENT
THE
XXXXXX PORTFOLIO, INC.
AMENDMENT
TO THE
AMENDED
AND RESTATED TRANSFER AGENT SERVICING AGREEMENT
THIS
AMENDMENT dated
as
of this 27 day of July, 2006, to the Amended and Restated Fund Transfer Agent
Servicing Agreement dated as of July 1, 2005 (the “Agreement”), is entered by
and between The
Xxxxxx Portfolio, Inc., an
Oregon
corporation (the “Company”) and U.S.
Bancorp Fund Services, LLC, a
Wisconsin limited liability company (“USBFS”).
RECITALS
WHEREAS,
the
parties have entered into an Amended and Restated Transfer Agent Servicing
Agreement; and
WHEREAS,
the
Company and the USBFS desire to amend said Agreement; and
WHEREAS,
Section
11 of the Agreement allows for its amendment by a written instrument executed
by
both parties.
NOW,
THEREFORE, the
parties agree as follows:
Exhibit
B, the fee schedule of the Agreement, effective August 1, 2006, is hereby
superseded and replaced with the fee schedule attached hereto.
Except
to
the extent amended hereby, the Agreement shall remain in full force and
effect.
IN
WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
by
a duly authorized officer on one or more counterparts as of the day and year
first written above.
|
THE
XXXXXX PORTFOLIO, INC.
|
U.S.
BANCORP FUND SERVICES, LLC
|
|
|
By:
/s/Xxxx
Xxxxxx
|
By:
/s/Xxxxxxx
XxXxx
|
|
|
Name:
Xxxx
Xxxxxx
|
Name:
Xxxxxxx
XxXxx
|
|
|
Title:
President
|
Title:
Senior Vice
President
|
1
Exhibit
B
to the Amended and Restated Transfer Agent Servicing Agreement
|
The
Xxxxxx Portfolio, Inc.
Transfer
Agent Services
ANNUAL
FEE SCHEDULE effective 8/1/2006
|
|
|
Shareholder
Account Fee
$13.00
per account
Annual
Minimum - Waived
Activity
Charges:
Shareholder
Telephone Call - $1.00 per call
Draft
Check Processing - $1.00 per draft
Daily
Valuation Trades - $10.00 per trade
Fed
Wire Overrides - $15.00 per item
ACH
Shareholder Services:
$125
per month per fund group
$0.50
per ACH item, setup and/or change
$5
per correction, reversal, return item
E-mail
Services:
$200
/month administration
$3.00
/e-mail received
AML
New Account Service:
Base
Fee:
0-999
accounts - $500/year
1,000-4,900
accounts - $1,000/year
5,000-9,000
accounts - $2,500/year
10,000
+ accounts - $5,000/year
$1.00/new
domestic accounts
$2.00/new
foreign account
$0.25/shareholder
verification
Remote
Data Capture (Blue Sky) File Transmission:
$160
per month plus $.01/record
ReportSource
(EB2B) - $125month
Fan
Mail:
File
generation and delivery - $250/month
Per
Record Charge
Rep/Branch/ID
- $.018
Dealer
- $.012
Price
Files - $.002 or $1.75/user/month, whichever is less
Vision
Mutual Fund Getaway (Inquiry Only):
Inquiry
- $.05 per event
Per
broker ID - $5.00/month/ID
Third
Party Intermediary File Transmission:
First
Two (2) Intermediaries:
Initial
Set-Up - $2,500
Delivery
& Maintenance Fee - $250/month
Additional
Intermediaries (3+):
Initial
Set-Up - $500
Delivery
& Maintenance Fee - No Add’l Charge
|
Short
Tem Trader:
Annual
Fee per Account / Tracking Period:
$0.08
/ 90 days or less
$0.14
/ 91 to 180 days
$0.20
/ 181 to 270 days
$0.26
/ 271 days to 1 year
$0.38
/ 1 year to 2 years
Plus
out-of-pocket expenses, including but not limited to:
Telephone
- toll-free lines
Postage
Stationery,
Envelopes
Programming,
Special Reports
Insurance
Record
Retention
Microfilm/fiche
of records
Proxies,
Proxy Services
ACH
fees
NSCC
charges
Disaster
recovery - $.20 per open account
All
other out-of-pocket expenses
Extraordinary
services - quoted separately
Fees
and out-of-pocket expenses are billed to the fund monthly.
Service
Charges to Investors
Qualified
Plan Fees (Billed to Investors):
$12.50
per qualified plan account (Cap at $25.00 per SSN)
$5.00
per education XXX account (Cap at $25.00 per SSN)
$15.00
per transfer to successor trustee
$15.00
per distribution to participant (Excluding SWPs)
$15.00
per refund of excess contribution
Additional
Shareholder Fees (Billed to Investors):
$12.00
per outgoing wire transfer
$5.00
per telephone exchange
$25.00
per return check or ACH
$20.00
per stop payment
$5.00
per research request (For requested items of the second calendar
year [or
previous] to the request)(Cap at
$25.00)
|
2
Exhibit
B
Fee Schedule (continued) to the
Amended
and Restated Transfer Agent Servicing Agreement - The Xxxxxx Portfolio,
Inc.
|
CHIEF
COMPLIANCE OFFICER
SUPPORT
SERVICES
FEE
SCHEDULE effective 8/1/06
|
|
Chief
Compliance Officer Support Services
U.S.
Bancorp provides support to the Chief Compliance Officer (CCO) of
each
fund serviced either by U.S. Bancorp Fund Services, LLC or Quasar
Distributors, LLC. Indicated below are samples of functions performed
by
USBFS in this CCO support role:
· Business
Line Functions Supported
• Fund Administration and Compliance
• Transfer Agent and Shareholder Services
• Fund Accounting
• Custody Services
• Securities Lending Services
• Distribution Services
· Daily
Resource to Fund CCO, Fund Board, Advisor
· Provide
USBFS/USB Critical Procedures & Compliance Controls
· Daily
and Periodic Reporting
· Periodic
CCO Conference Calls
· Dissemination
of Industry/Regulatory Information
· Client
& Business Line CCO Education & Training
· Due
Diligence Review of USBFS Service Facilities
· Quarterly
USBFS Certification
· Board
Meeting Presentation and Board Support
· Testing,
Documentation, Reporting
Annual
Fee Schedule*
· $1,200 per service per
year
Fees
are billed monthly.
*Subject
to annual CPI increase, Milwaukee
MSA.
|
3
