BRANDES INVESTMENT TRUST and BRANDES INVESTMENT PARTNERS, L.P. FIRST AMENDMENT TO THE FUND ADMINISTRATION SERVICING AGREEMENT
XXXXXXX
INVESTMENT TRUST and XXXXXXX INVESTMENT PARTNERS, L.P.
FIRST
AMENDMENT TO THE
THIS
FIRST AMENDMENT
dated as of December 18, 2007, to the Fund Administration Servicing Agreement,
dated as of October 18, 2006 (the "Agreement"), is entered into by and among
Xxxxxxx Investment Trust, a Delaware statutory trust (the
"Trust"), U.S. Bancorp Fund Services, LLC, a Wisconsin limited
liability company ("USBFS") and Xxxxxxx Investment Partners,
L.P., a Delaware limited partnership and the investment advisor to
the
Trust (the “Advisor”)
RECITALS
WHEREAS,
the parties have entered into an Agreement; and
WHEREAS,
the parties desire to amend said Agreement to add funds and to amend the
fees;
and
WHEREAS,
Section 10 of the Agreement allows for its amendment by a written instrument
executed by the parties.
NOW,
THEREFORE, the
parties agree as follows:
Exhibit
A
and Exhibit B of the Agreement are hereby superseded and replaced with Exhibit
A
and 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 First Amendment to be executed by a duly
authorized officer on one or more counterparts as of the date and year first
written above.
| XXXXXXX INVESTMENT TRUST | U.S. BANCORP FUND SERVICES, LLC |
| By: /s/ Xxxxx XxXxxxx-Xxxxxx | By: /s/ Xxxxxxx X. XxXxx |
| Name: Xxxxx XxXxxxx-Xxxxxx | Name: Xxxxxxx X. XxXxx |
| Title: President | Title: Executive Vice President |
XXXXXXX
INVESTMENT PARTNERS, L.P.
By: /s/
Xxxxx X.
Xxxxxxx
Name: Xxxxx
X.
Xxxxxxx
Title: Chief
Executive
Officer
Exhibit
A
to
the
Xxxxxxx
Investment Trust and Xxxxxxx Investment Partners, L.P.
Fund
Names
Separate
Series of Xxxxxxx Investment Trust
Name
of Series
Brandes
Institutional International Equity Fund
Xxxxxxx
Separately Managed Account Reserve Trust
Xxxxxxx
Institutional Core Plus Fixed Income Fund
Brandes
Institutional Enhanced Income Fund
2
Exhibit
B
to
the
Xxxxxxx
Investment Trust and Xxxxxxx Investment Partners, L.P.
|
FUND
ADMINISTRATION & COMPLIANCE SERVICES
FEE
SCHEDULE
(Effective
12/26/07)
|
|
|
Domestic,
International and Fixed Income Funds
Annual
Fee Based Upon Market Value Per Fund:
· 4
basis points on the first $500 million
· 2
basis points on the balance
· Minimum
annual fee: $50,000 per fund
Multiple
Classes - Add the following for each class
beyond
the first:
· 1
basis point at each level
· $15,000
per fund minimum
Fees
are billed monthly.
|
Annual
Legal Administration– Legal services in support of external legal
counsel:
· Included
in Annual Fee
Extraordinary
services – quoted separately
Internet
Data Delivery Services:
· ReportSource
- $150/month
Web
reporting
Plus
out-of-pocket expenses, including but not limited
to:
Postage,
Stationary
Programming,
Special Reports
Proxies,
Insurance
XXXXX
filing
Retention
of records
Federal
and state regulatory filing fees
Certain
insurance premiums
Expenses
from board of directors meetings
Auditing
and legal expenses
Blue
Sky conversion expenses (if necessary)
All
other out-of-pocket expenses
|
3
