PERRITT FUNDS, INC. THIRD AMENDMENT TO THE FUND ACCOUNTING SERVICING AGREEMENT
XXXXXXX FUNDS, INC.
THIRD AMENDMENT TO THE FUND ACCOUNTING SERVICING AGREEMENT
THIS THIRD AMENDMENT dated as of the 28TH day of February, 2013, to the Fund Accounting Servicing Agreement dated as of December 2, 2005, as amended March 23, 2006 and August 1, 2012, (the "Agreement"), is entered into by and between Xxxxxxx Funds, Inc., a Maryland corporation (the "Company") and U.S. Bancorp Fund Services, LLC, a Wisconsin limited liability company ("USBFS").
RECITALS
WHEREAS, the parties have entered into the Agreement; and
WHEREAS, an agreement and reorganization (the “Reorganization Agreement”) between the Company and Xxxxxxx Micro Cap Opportunities Fund, Inc., was made as of February 28th, 2013; and
WHEREAS, as part of the Reorganization Agreement, the Company and Xxxxxxx MicroCap Opportunities Fund, Inc. desire to add the Xxxxxxx MicroCap Opportunities Fund to the Agreement; and
WHEREAS, the parties desire to amend the fees of the Agreement; and
WHEREAS, Section 15 of the Agreement allows for its amendment by a written instrument executed by both parties.
NOW, THEREFORE, the parties agree as follows:
Exhibit A of the Agreement is hereby superseded and replaced with Amended Exhibit A attached hereto.
Amended Exhibit B of the Agreement is hereby superseded and replaced with Amended Exhibit B attached hereto.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 Third Amendment to be executed by a duly authorized officer on one or more counterparts as of the date and year first written above.
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XXXXXXX FUNDS, INC.
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U.S. BANCORP FUND SERVICES, LLC
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By: /s/ Xxxx X. Buh
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By: /s/ Xxxxxxx X. XxXxx
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Printed Name: Xxxx X. Buh
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Printed Name: Xxxxxxx X. XxXxx
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Title: Treasurer
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Title: Executive Vice President
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Xxxxxxx Funds, Inc. 2013
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Amended Exhibit A to the Fund Accounting Servicing Agreement - Xxxxxxx Funds, Inc.
Fund Names
Separate Series of Xxxxxxx Funds, Inc.
Name of Series
Xxxxxxx Ultra MicroCap Fund
Xxxxxxx MicroCap Opportunities Fund
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Xxxxxxx Funds, Inc. 2013
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Amended Exhibit B to the Fund Accounting Servicing Agreement – Xxxxxxx Funds, Inc.
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FUND ACCOUNTING SERVICES ANNUAL FEE SCHEDULE
Xxxxxxx Funds, Inc. -
Effective August 1, 2012 through July 31, 2015
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Domestic Equity Funds at a Complex level*
$[ ] Minimum/Fund
[ ] basis points on the first $[ ]million
[ ] basis points on the next $[ ] million
[ ] basis points on the balance
Multiple Classes
Each class is an additional [ ]% of the charge of the initial class.
Extraordinary services – quoted separately
Conversion Estimate – one month’s fee (if necessary)
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Pricing Services**
$[ ] Domestic and Canadian Equities, Options, ADRs
$[ ] Domestic Corporate/Convertible/Gov’t/Agency Bonds, Foreign Equities, Futures, Forwards, Currency Rates
$[ ] CMOs, Municipal Bonds, Money Market Instruments, Foreign Corporate/Convertible/Gov’t/Agency Bonds, Asset Backed Securities, Mortgage Backed Securities
$[ ] Bank Loans
$[ ] Credit Default Swaps
$[ ] Interest Rate Swaps, Foreign Currency Swaps, Total Return Swaps, Total Return Bullet Swaps
$[ ] Per fund per month - Mutual Funds
Corporate Action Services
$[ ] Per Foreign equity security per month
$[ ] Per Domestic equity security per month
Manual Security Pricing
$[ ] per month – greater than [ ]/day
Factor Services (BondBuyer)
Per CMO - $[ ]/month
Per Mortgage Backed - $[ ]/month
Minimum - $[ ]/month
Fair Value Services (charged at the complex level)**
$[ ] on the first 100 securities
$[ ] on the Balance of Securities
NOTE: Prices above are based on using U.S. Bancorp primary pricing service which may vary by security type and are subject to change. Use of alternative and/or additional sources may result in additional fees.
CCO Support Services - $[ ] per year ($[ ]/year once all funds are placed in the Xxxxxxx Funds)
Out-Of-Pocket Expenses
Including but not limited to corporate action services, fair value pricing services, factor services, SWIFT processing, and customized reporting.
NOTE: All schedules subject to change depending upon the use of derivatives,-options, futures, short sales, swaps, bank loans, etc.
*Subject to annual CPI increase, Milwaukee MSA.
**Per security per fund per pricing day.
All fees are billed monthly plus out-of-pocket expenses, including pricing service.
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Xxxxxxx Funds, Inc. 2013
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