Exhibit 9(p)
FORM OF
AMENDMENT TO ADMINISTRATION AGREEMENT
THIS AMENDMENT dated as of _________, 1997 (the "Amendment") is made to
the Administration Agreement, dated as of the 1st day of May, 1995 (the
"Agreement") between THE MUNDER FUNDS, INC. (the "Company") and FIRST DATA
INVESTOR SERVICES GROUP, INC. ("FDISG") (then known as The Shareholder Services
Group, Inc.).
The Company and FDISG agree that the Agreement shall, as of the date
first written above, be amended as follows:
1. The Fee Schedule of the Agreement shall be deleted in its entirety and
the Fee Schedule attached hereto shall be substituted in its place; and
2. Schedule A to the Agreement shall be deleted in its entirety and
Schedule A attached hereto shall be substituted in its place.
In all other respects, the Agreement shall remain in full force and
effect.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed by their duly authorized officers, as of the day and year first written
above.
THE MUNDER FUNDS, INC.
By: _____________________________
Title:_____________________________
FIRST DATA INVESTOR SERVICES GROUP, INC.
By: _____________________________
Title:_____________________________
FEE SCHEDULE FOR
ADMINISTRATION AND
FUND ACCOUNTING SERVICES
All Funds except the Munder All-Season Maintenance Fund, Munder All-Season
Accumulation Fund, Munder All-Season Development Fund and Munder Financial
Services Fund
A. FEES FOR ADMINISTRATION SERVICES -- (Fund Administration and Fund
Accounting)
The following annual Fund Administration fees apply:
.12% of the first $2.8 billion of the average daily net assets of the
Companies (as defined below); and
.105% of the next $2.2 billion of the Companies' average daily net assets;
and
.10% of the Companies' average daily net assets over $5 billion.
"Companies" shall include The Munder Funds Trust, the Liquidity Plus Money
Market Fund of St. Clair Funds, The Munder Funds, Inc. (other than the Munder
All-Season Maintenance Fund, Munder All-Season Accumulation Fund, Munder
All-Season Development Fund and Munder Financial Services Fund) and The Munder
Framlington Funds Trust.
B. MINIMUM FEES
For Fund Administration Services, a minimum fee of $1.2 million per
annum will apply in the aggregate for all funds of the Companies.
Munder All-Season Maintenance Fund, Munder All-Season Accumulation Fund and
Munder All-Season Development Fund
A. FEES FOR ADMINISTRATION SERVICES -- (Fund Administration and Fund
Accounting)
The following annual Fund Administration fees apply:
$30,000 per annum for each Fund
Munder Financial Services Fund
A. FEES FOR ADMINISTRATION SERVICES -- (Fund Administration and Fund
Accounting)
[TO BE DETERMINED]
SCHEDULE A
FUNDS
Munder Multi-Season Growth Fund
Munder Real Estate Equity Investment Fund
Munder Mid-Cap Growth Fund
Munder Value Fund
Munder Money Market Fund
NetNet Fund
Munder International Bond Fund
Munder Small Cap Value Fund
Munder Equity Selection Fund
Munder Micro-Cap Equity Fund
Munder Short Term Treasury Fund
Munder All-Season Conservative Fund
Munder All-Season Aggressive Fund
Munder All-Season Moderate Fund
Munder Financial Services Fund
