77Q1 Exhibits
Amended Declaration of Trust incorporated herein by reference to Accession
number 0000021847-03-000457
ADMINISTRATION AGREEMENT
AGREEMENT dated as of November 1, 2003, between COLUMBIA FUNDS TRUST III, a
Massachusetts business trust (the "Trust"), with respect to Columbia
Intermediate Government Income Fund (the "Fund"), and COLUMBIA MANAGEMENT
ADVISORS, INC., an Oregon corporation (the "Administrator").
In consideration of the promises and covenants herein, the parties agree as
follows:
1. Subject to the general direction and control of the Board of
Trustees of the Trust, the Administrator shall perform such
administrative services as may from time to time be reasonably
requested by the Trust, which shall include without limitation:
(a) providing office space, equipment and clerical personnel
necessary for maintaining the organization of the Fund and for
performing the administrative functions herein set forth; (b)
arranging, if desired by the Trust, for Directors, officers and
employees of the Administrator to serve as Trustees, officers or
agents of the Fund if duly elected or appointed to such positions
and subject to their individual consent and to any limitations
imposed by law; (c) preparing and, if applicable, filing all
documents required for compliance by the Fund with applicable
laws and regulations, including registration statements,
registration fee filings, semi-annual and annual reports to
shareholders, proxy statements and tax returns; (d) preparation
of agendas and supporting documents for and minutes of meetings
of Trustees, committees of Trustees and shareholders; (e)
coordinating and overseeing the activities of the Fund's other
third-party service providers; and (f) maintaining books and
records of the Fund (exclusive of records required by Section
31(a) of the 1940 Act). Notwithstanding the foregoing, the
Administrator shall not be deemed to have assumed or have any
responsibility with respect to functions specifically assumed by
any transfer agent or custodian of the Fund.
2. The Administrator shall be free to render similar services to
others so long as its services hereunder are not impaired
thereby.
3. The Fund shall pay the Administrator monthly a fee at the annual
rate of 0.0670% of the average daily net assets of the Fund.
4. This Agreement shall become effective as of the date of its
execution, and may be terminated without penalty by the Board of
Trustees of the Trust or by the Administrator, in each case on
sixty days' written notice to the other party.
5. This Agreement may be amended only by a writing signed by both
parties.
6. In the absence of willful misfeasance, bad faith or gross
negligence on the part of the Administrator, or reckless
disregard of its obligations and duties hereunder, the
Administrator shall not be subject to any liability to the Trust
or Fund, to any shareholder of the Trust or the Fund or to any
other person, firm or organization, for any act or omission in
the course of, or connected with, rendering services hereunder.
COLUMBIA FUNDS TRUST III
on behalf of Columbia Intermediate Government Income Fund
By: /s/ Xxxxxx X. Xxxxxxx
Xxxxxx X. Xxxxxxx
President
COLUMBIA MANAGEMENT ADVISORS, INC.
By: /s/ Xxxxxx X. Xxxxxxx
Xxxxxx X. Xxxxxxx
Executive Vice President and Chief Operating Officer
A copy of the document establishing the Trust is filed with the Secretary of The
Commonwealth of Massachusetts. This Agreement is executed by officers not as
individuals and is not binding upon any of the Trustees, officers or
shareholders of the Trust individually but only upon the assets of the Fund.
ADMINISTRATION AGREEMENT
AGREEMENT dated as of November 1, 2003, between COLUMBIA FUNDS TRUST III, a
Massachusetts business trust (the "Trust"), with respect to Columbia Quality
Plus Bond Fund (the "Fund"), and COLUMBIA MANAGEMENT ADVISORS, INC., an Oregon
corporation (the "Administrator").
In consideration of the promises and covenants herein, the parties agree as
follows:
1. Subject to the general direction and control of the Board of
Trustees of the Trust, the Administrator shall perform such
administrative services as may from time to time be reasonably
requested by the Trust, which shall include without limitation:
(a) providing office space, equipment and clerical personnel
necessary for maintaining the organization of the Fund and for
performing the administrative functions herein set forth; (b)
arranging, if desired by the Trust, for Directors, officers and
employees of the Administrator to serve as Trustees, officers or
agents of the Fund if duly elected or appointed to such positions
and subject to their individual consent and to any limitations
imposed by law; (c) preparing and, if applicable, filing all
documents required for compliance by the Fund with applicable
laws and regulations, including registration statements,
registration fee filings, semi-annual and annual reports to
shareholders, proxy statements and tax returns; (d) preparation
of agendas and supporting documents for and minutes of meetings
of Trustees, committees of Trustees and shareholders; (e)
coordinating and overseeing the activities of the Fund's other
third-party service providers; and (f) maintaining books and
records of the Fund (exclusive of records required by Section
31(a) of the 1940 Act). Notwithstanding the foregoing, the
Administrator shall not be deemed to have assumed or have any
responsibility with respect to functions specifically assumed by
any transfer agent or custodian of the Fund.
2. The Administrator shall be free to render similar services to
others so long as its services hereunder are not impaired
thereby.
3. The Fund shall pay the Administrator monthly a fee at the annual
rate of 0.0670% of the average daily net assets of the Fund.
4. This Agreement shall become effective as of the date of its
execution, and may be terminated without penalty by the Board of
Trustees of the Trust or by the Administrator, in each case on
sixty days' written notice to the other party.
5. This Agreement may be amended only by a writing signed by both
parties.
6. In the absence of willful misfeasance, bad faith or gross
negligence on the part of the Administrator, or reckless
disregard of its obligations and duties hereunder, the
Administrator shall not be subject to any liability to the Trust
or Fund, to any shareholder of the Trust or the Fund or to any
other person, firm or organization, for any act or omission in
the course of, or connected with, rendering services hereunder.
COLUMBIA FUNDS TRUST III
on behalf of Columbia Quality Plus Bond Fund
By: /s/ Xxxxxx X. Xxxxxxx
Xxxxxx X. Xxxxxxx
President
COLUMBIA MANAGEMENT ADVISORS, INC.
By: /s/ Xxxxxx X. Xxxxxxx
Xxxxxx X. Xxxxxxx
Executive Vice President and Chief Operating Officer
A copy of the document establishing the Trust is filed with the Secretary of The
Commonwealth of Massachusetts. This Agreement is executed by officers not as
individuals and is not binding upon any of the Trustees, officers or
shareholders of the Trust individually but only upon the assets of the Fund.
ADMINISTRATION AGREEMENT
AGREEMENT dated as of November 1, 2003, between COLUMBIA FUNDS TRUST III, a
Massachusetts business trust (the "Trust"), with respect to Columbia Corporate
Bond Fund (the "Fund"), and COLUMBIA MANAGEMENT ADVISORS, INC., an Oregon
corporation (the "Administrator").
In consideration of the promises and covenants herein, the parties agree as
follows:
1. Subject to the general direction and control of the Board of
Trustees of the Trust, the Administrator shall perform such
administrative services as may from time to time be reasonably
requested by the Trust, which shall include without limitation:
(a) providing office space, equipment and clerical personnel
necessary for maintaining the organization of the Fund and for
performing the administrative functions herein set forth; (b)
arranging, if desired by the Trust, for Directors, officers and
employees of the Administrator to serve as Trustees, officers or
agents of the Fund if duly elected or appointed to such positions
and subject to their individual consent and to any limitations
imposed by law; (c) preparing and, if applicable, filing all
documents required for compliance by the Fund with applicable
laws and regulations, including registration statements,
registration fee filings, semi-annual and annual reports to
shareholders, proxy statements and tax returns; (d) preparation
of agendas and supporting documents for and minutes of meetings
of Trustees, committees of Trustees and shareholders; (e)
coordinating and overseeing the activities of the Fund's other
third-party service providers; and (f) maintaining books and
records of the Fund (exclusive of records required by Section
31(a) of the 1940 Act). Notwithstanding the foregoing, the
Administrator shall not be deemed to have assumed or have any
responsibility with respect to functions specifically assumed by
any transfer agent or custodian of the Fund.
2. The Administrator shall be free to render similar services to
others so long as its services hereunder are not impaired
thereby.
3. The Fund shall pay the Administrator monthly a fee at the annual
rate of 0.0670% of the average daily net assets of the Fund.
4. This Agreement shall become effective as of the date of its
execution, and may be terminated without penalty by the Board of
Trustees of the Trust or by the Administrator, in each case on
sixty days' written notice to the other party.
5. This Agreement may be amended only by a writing signed by both
parties.
6. In the absence of willful misfeasance, bad faith or gross
negligence on the part of the Administrator, or reckless
disregard of its obligations and duties hereunder, the
Administrator shall not be subject to any liability to the Trust
or Fund, to any shareholder of the Trust or the Fund or to any
other person, firm or organization, for any act or omission in
the course of, or connected with, rendering services hereunder.
COLUMBIA FUNDS TRUST III
on behalf of Columbia Corporate Bond Fund
By: /s/ Xxxxxx X. Xxxxxxx
Xxxxxx X. Xxxxxxx
President
COLUMBIA MANAGEMENT ADVISORS, INC.
By: /s/ Xxxxxx X. Xxxxxxx
Xxxxxx X. Xxxxxxx
Executive Vice President and Chief Operating Officer
A copy of the document establishing the Trust is filed with the Secretary of The
Commonwealth of Massachusetts. This Agreement is executed by officers not as
individuals and is not binding upon any of the Trustees, officers or
shareholders of the Trust individually but only upon the assets of the Fund.
COLUMBIA CORPORATE BOND FUND
MANAGEMENT AGREEMENT
AGREEMENT dated as of November 1, 2003, between COLUMBIA FUNDS TRUST III, a
Massachusetts business trust ("Trust"), with respect to COLUMBIA CORPORATE BOND
FUND ("Fund"), and COLUMBIA MANAGEMENT ADVISORS, INC., an Oregon corporation
("Advisor").
In consideration of the promises and covenants herein, the parties agree as
follows:
1. The Advisor will manage the investment of the assets of the Fund in
accordance with its prospectus and statement of additional information and
will perform the other services herein set forth, subject to the
supervision of the Board of Trustees of the Trust. The Advisor may delegate
its investment responsibilities to a sub-advisor.
2. In carrying out its investment management obligations, the Advisor shall:
(a) evaluate such economic, statistical and financial information and
undertake such investment research as it shall believe advisable; (b)
purchase and sell securities and other investments for the Fund in
accordance with the procedures described in its prospectus and statement of
additional information; and (c) report results to the Board of Trustees of
the Trust.
3. The Advisor shall be free to render similar services to others so long as
its services hereunder are not impaired thereby.
4. The Fund shall pay the Advisor monthly a fee at the annual rate of 0.55% of
the first $500 million of the average daily net assets of the Fund, 0.50%
of the next $500 million, 0.45% of the next $500 million, 0.40% of the next
$500 million and 0.35% in excess of $2 billion.
5. The Advisor may waive its compensation (and bear expenses of the Fund) to
the extent that expenses of the Fund exceed any expense limitation the
Advisor declares to be effective.
6. This Agreement shall become effective as of the date of its execution, and
(a) unless otherwise terminated, shall continue until October 31, 2004 and
from year to year thereafter so long as approved annually in accordance
with the 1940 Act; (b) may be terminated without penalty on sixty days'
written notice to the Advisor either by vote of the Board of Trustees of
the Trust or by vote of a majority of the outstanding shares of the Fund;
(c) shall automatically terminate in the event of its assignment; and (d)
may be terminated without penalty by the Advisor on sixty days' written
notice to the Trust.
7. This Agreement may be amended in accordance with the 1940 Act.
8. For the purpose of the Agreement, the terms "vote of a majority of the
outstanding shares", "affiliated person" and "assignment" shall have their
respective meanings defined in the 1940 Act and exemptions and
interpretations issued by the Securities and Exchange Commission under the
1940 Act.
9. The Advisor shall maintain, keep current and preserve on behalf of the
Fund, in the manner required by the 1940 Act, records identified by the
Trust from time to time. Advisor agrees to make such records available upon
request to the Trust and its auditors during regular business hours at the
Advisor's offices. Advisor further agrees that such records are the
property of the Trust and will be surrendered to the Trust promptly upon
request.
10. In the absence of willful misfeasance, bad faith or gross negligence on the
part of the Advisor, or reckless disregard of its obligations and duties
hereunder, the Advisor shall not be subject to any liability to the Trust
or the Fund, to any shareholder of the Trust or the Fund or to any other
person, firm or organization, for any act or omission in the course of, or
connected with, rendering services hereunder.
COLUMBIA FUNDS TRUST III
on behalf of COLUMBIA CORPORATE BOND FUND
By: /s/ Xxxxxx X. Xxxxxxx
Xxxxxx X. Xxxxxxx
President
COLUMBIA MANAGEMENT ADVISORS INC.
By:/s/ Xxxxxx X. Xxxxxxx
Xxxxxx X. Xxxxxxx
Executive Vice President and Chief Operating Officer
A copy of the document establishing the Trust is filed with the Secretary of The
Commonwealth of Massachusetts. This Agreement is executed by officers not as
individuals and is not binding upon any of the Trustees, officers or
shareholders of the Trust individually but only upon the assets of the Fund.
COLUMBIA INTERMEDIATE GOVERNMENT INCOME FUND
MANAGEMENT AGREEMENT
AGREEMENT dated as of November 1, 2003, between COLUMBIA FUNDS TRUST III, a
Massachusetts business trust ("Trust"), with respect to COLUMBIA INTERMEDIATE
GOVERNMENT INCOME FUND ("Fund"), and COLUMBIA MANAGEMENT ADVISORS, INC., an
Oregon corporation ("Advisor").
In consideration of the promises and covenants herein, the parties agree as
follows:
1. The Advisor will manage the investment of the assets of the Fund in
accordance with its prospectus and statement of additional information and
will perform the other services herein set forth, subject to the
supervision of the Board of Trustees of the Trust. The Advisor may delegate
its investment responsibilities to a sub-advisor.
2. In carrying out its investment management obligations, the Advisor shall:
(a) evaluate such economic, statistical and financial information and
undertake such investment research as it shall believe advisable; (b)
purchase and sell securities and other investments for the Fund in
accordance with the procedures described in its prospectus and statement of
additional information; and (c) report results to the Board of Trustees of
the Trust.
3. The Advisor shall be free to render similar services to others so long as
its services hereunder are not impaired thereby.
4. The Fund shall pay the Advisor monthly a fee at the annual rate of 0.55% of
the first $500 million of the average daily net assets of the Fund, 0.50%
of the next $500 million, 0.45% of the next $500 million, 0.40% of the next
$500 million and 0.35% in excess of $2 billion.
5. The Advisor may waive its compensation (and bear expenses of the Fund) to
the extent that expenses of the Fund exceed any expense limitation the
Advisor declares to be effective.
6. This Agreement shall become effective as of the date of its execution, and
(a) unless otherwise terminated, shall continue until October 31, 2004 and
from year to year thereafter so long as approved annually in accordance
with the 1940 Act; (b) may be terminated without penalty on sixty days'
written notice to the Advisor either by vote of the Board of Trustees of
the Trust or by vote of a majority of the outstanding shares of the Fund;
(c) shall automatically terminate in the event of its assignment; and (d)
may be terminated without penalty by the Advisor on sixty days' written
notice to the Trust.
7. This Agreement may be amended in accordance with the 1940 Act.
8. For the purpose of the Agreement, the terms "vote of a majority of the
outstanding shares", "affiliated person" and "assignment" shall have their
respective meanings defined in the 1940 Act and exemptions and
interpretations issued by the Securities and Exchange Commission under the
1940 Act.
9. The Advisor shall maintain, keep current and preserve on behalf of the
Fund, in the manner required by the 1940 Act, records identified by the
Trust from time to time. Advisor agrees to make such records available upon
request to the Trust and its auditors during regular business hours at the
Advisor's offices. Advisor further agrees that such records are the
property of the Trust and will be surrendered to the Trust promptly upon
request.
10. In the absence of willful misfeasance, bad faith or gross negligence on the
part of the Advisor, or reckless disregard of its obligations and duties
hereunder, the Advisor shall not be subject to any liability to the Trust
or the Fund, to any shareholder of the Trust or the Fund or to any other
person, firm or organization, for any act or omission in the course of, or
connected with, rendering services hereunder.
COLUMBIA FUNDS TRUST III
on behalf of COLUMBIA INTERMEDIATE GOVERNMENT INCOME FUND
By: /s/ Xxxxxx X. Xxxxxxx
Xxxxxx X. Xxxxxxx
President
COLUMBIA MANAGEMENT ADVISORS INC.
By:/s/ Xxxxxx X. Xxxxxxx
Xxxxxx X. Xxxxxxx
Executive Vice President and Chief Operating Officer
A copy of the document establishing the Trust is filed with the Secretary of The
Commonwealth of Massachusetts. This Agreement is executed by officers not as
individuals and is not binding upon any of the Trustees, officers or
shareholders of the Trust individually but only upon the assets of the Fund.
COLUMBIA QUALITY PLUS BOND FUND
MANAGEMENT AGREEMENT
AGREEMENT dated as of November 1, 2003, between COLUMBIA FUNDS TRUST III, a
Massachusetts business trust ("Trust"), with respect to COLUMBIA QUALITY PLUS
BOND FUND ("Fund"), and COLUMBIA MANAGEMENT ADVISORS, INC., an Oregon
corporation ("Advisor").
In consideration of the promises and covenants herein, the parties agree as
follows:
1. The Advisor will manage the investment of the assets of the Fund in
accordance with its prospectus and statement of additional information and
will perform the other services herein set forth, subject to the
supervision of the Board of Trustees of the Trust. The Advisor may delegate
its investment responsibilities to a sub-advisor.
2. In carrying out its investment management obligations, the Advisor shall:
(a) evaluate such economic, statistical and financial information and
undertake such investment research as it shall believe advisable; (b)
purchase and sell securities and other investments for the Fund in
accordance with the procedures described in its prospectus and statement of
additional information; and (c) report results to the Board of Trustees of
the Trust.
3. The Advisor shall be free to render similar services to others so long as
its services hereunder are not impaired thereby.
4. The Fund shall pay the Advisor monthly a fee at the annual rate of 0.55% of
the first $500 million of the average daily net assets of the Fund, 0.50%
of the next $500 million, 0.45% of the next $500 million, 0.40% of the next
$500 million and 0.35% in excess of $2 billion.
5. The Advisor may waive its compensation (and bear expenses of the Fund) to
the extent that expenses of the Fund exceed any expense limitation the
Advisor declares to be effective.
6. This Agreement shall become effective as of the date of its execution, and
(a) unless otherwise terminated, shall continue until October 31, 2004 and
from year to year thereafter so long as approved annually in accordance
with the 1940 Act; (b) may be terminated without penalty on sixty days'
written notice to the Advisor either by vote of the Board of Trustees of
the Trust or by vote of a majority of the outstanding shares of the Fund;
(c) shall automatically terminate in the event of its assignment; and (d)
may be terminated without penalty by the Advisor on sixty days' written
notice to the Trust.
7. This Agreement may be amended in accordance with the 1940 Act.
8. For the purpose of the Agreement, the terms "vote of a majority of the
outstanding shares", "affiliated person" and "assignment" shall have their
respective meanings defined in the 1940 Act and exemptions and
interpretations issued by the Securities and Exchange Commission under the
1940 Act.
9. The Advisor shall maintain, keep current and preserve on behalf of the
Fund, in the manner required by the 1940 Act, records identified by the
Trust from time to time. Advisor agrees to make such records available upon
request to the Trust and its auditors during regular business hours at the
Advisor's offices. Advisor further agrees that such records are the
property of the Trust and will be surrendered to the Trust promptly upon
request.
10. In the absence of willful misfeasance, bad faith or gross negligence on the
part of the Advisor, or reckless disregard of its obligations and duties
hereunder, the Advisor shall not be subject to any liability to the Trust
or the Fund, to any shareholder of the Trust or the Fund or to any other
person, firm or organization, for any act or omission in the course of, or
connected with, rendering services hereunder.
COLUMBIA FUNDS TRUST III
on behalf of COLUMBIA QUALITY PLUS BOND FUND
By: /s/ Xxxxxx X. Xxxxxxx
Xxxxxx X. Xxxxxxx
President
COLUMBIA MANAGEMENT ADVISORS INC.
By:/s/ Xxxxxx X. Xxxxxxx
Xxxxxx X. Xxxxxxx
Executive Vice President and Chief Operating Officer
A copy of the document establishing the Trust is filed with the Secretary of The
Commonwealth of Massachusetts. This Agreement is executed by officers not as
individuals and is not binding upon any of the Trustees, officers or
shareholders of the Trust individually but only upon the assets of the Fund.
