XXXXXXXX-XXXXXXXXX INSTITUTIONAL FUNDS
000 XXXX XXXXXXXX, 00XX XXXXX
XXX XXXXX, XXXXXXXXXX 00000
October 19, 2006
Xxxxxxxx-Xxxxxxxxx Capital Management, LLC
000 Xxxx Xxxxxxxx, 00xx Xxxxx
Xxx Xxxxx, Xxxxxxxxxx 00000
RE: AMENDMENT TO ADMINISTRATION AGREEMENT
Ladies and Gentlemen:
This will confirm our agreement that Schedule A to the Administration
Agreement between us dated January 23, 2006 is hereby amended. The full list of
Funds covered by the Agreement and the annual administration fee with respect to
each such Fund shall be as set forth on Exhibit A hereto.
In all other respects, the Administration Agreement will remain in full
force and effect. Please sign this letter below to confirm your agreement with
this amendment.
Sincerely,
Xxxxxxx X. Xxxxxx
Treasurer
AGREED:
Xxxxxxxx-Xxxxxxxxx Capital Management, LLC
By:
------------------------------------
Xxxxxxx X. Xxxxx, Xx.
General Counsel
SCHEDULE A
ADMINISTRATION AGREEMENT
XXXXXXXX-XXXXXXXXX INSTITUTIONAL FUNDS
OCTOBER 10, 2006
CLASS I (%) - FEE RATES
CORE OTHER
FUND EXPENSES EXPENSES TOTAL
---- -------- -------- -----
US Micro Cap Growth 0.18% 0.36% 0.54%
US Emerging Growth 0.16% 0.25% 0.41%
US Small Cap Value 0.17% 0.35% 0.52%
US Large Cap Value 0.17% 0.16% 0.33%
US Systematic Large Cap Growth 0.17% 0.47% 0.64%
US Systematic Mid Cap Growth 0.18% 0.43% 0.61%
US Convertible 0.09% 0.35% 0.44%
Global Select 0.12% 0.35% 0.47%
International Growth 0.47% 0.39% 0.86%
International Growth Opportunities 0.27% 0.42% 0.69%
International All Cap 0.17% 0.10% 0.27%
Emerging Markets 0.17% 0.25% 0.42%
International Systematic 0.18% 0.30% 0.48%
US High Yield Bond 0.07% 0.13% 0.20%
CLASS II (%) - FEE RATES
CORE OTHER
FUND EXPENSES EXPENSES TOTAL
---- -------- -------- -----
US Micro Cap Growth 0.00% 0.29% 0.29%
US Emerging Growth 0.01% 0.25% 0.26%
US Small Cap Value 0.07% 0.35% 0.42%
US Large Cap Value 0.02% 0.16% 0.18%
US Systematic Large Cap Growth 0.02% 0.47% 0.49%
US Systematic Mid Cap Growth 0.03% 0.38% 0.41%
US Convertible 0.04% 0.30% 0.34%
Global Select 0.07% 0.35% 0.42%
International Growth 0.07% 0.39% 0.46%
International Growth Opportunities 0.12% 0.42% 0.54%
International All Cap 0.02% 0.10% 0.12%
Emerging Markets 0.07% 0.25% 0.32%
International Systematic 0.03% 0.30% 0.33%
US High Yield Bond 0.02% 0.13% 0.15%
CLASS III (%) - FEE RATES
CORE OTHER
FUND EXPENSES EXPENSES TOTAL
---- -------- -------- -----
US Micro Cap Growth 0.03% 0.36% 0.39%
International Growth Opportunities 0.07% 0.42% 0.49%
US Convertible Fund 0.02% 0.25% 0.26%
International Systematic 0.02% 0.23% 0.25%
CLASS IV (%) - FEE RATES
CORE OTHER
FUND EXPENSES EXPENSES TOTAL
---- -------- -------- -----
International Growth Opportunities 0.02% 0.42% 0.44%
US Convertible Fund 0.00% 0.19% 0.19%
CLASS R (%) - FEE RATES
CORE OTHER
FUND EXPENSES EXPENSES 12b-1 TOTAL
---- -------- -------- ----- -----
US Emerging Growth 0.16% 0.25% 0.25% 0.66%
US Small Cap Value 0.17% 0.35% 0.25% 0.77%
US Large Cap Value 0.17% 0.16% 0.25% 0.58%
US Systematic Large Cap Growth 0.17% 0.47% 0.25% 0.89%
US Systematic Mid Cap Growth 0.18% 0.43% 0.25% 0.86%
Global Select 0.12% 0.35% 0.25% 0.72%
International Growth 0.47% 0.39% 0.25% 1.11%
International All Cap 0.17% 0.10% 0.25% 0.52%
Emerging Markets 0.17% 0.25% 0.25% 0.42%
International Systematic 0.18% 0.30% 0.25% 0.73%
US High Yield Bond 0.07% 0.13% 0.25% 0.45%
