XXXXX FAMILY OF REAL ESTATE FUNDS
AMENDMENT TO THE CUSTODY AGREEMENT
THIS AMENDMENT dated as of this 18th day of August, 2006, to the Custody
Agreement, dated as of January 12, 1998 (the "Agreement"), is entered by and
between the Xxxxx Family of Real Estate Funds, an Ohio business trust (the
"Trust") and U.S. Bank, N.A., a national banking association (the "Custodian").
RECITALS
WHEREAS, the parties have entered into a Custody Agreement; and
WHEREAS, the Trust and the Custodian desire to amend said Agreement; and
WHEREAS, Article XIV, Section 14.4 of the Agreement allows for its
amendment by a written instrument executed by both parties.
NOW, THEREFORE, the parties agree as follows:
Exhibit C, the fee schedule of the Agreement, is hereby superseded and
replaced with the fee schedule 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 Amendment to be
executed by a duly authorized officer on one or more counterparts as of the date
and year first written above.
xxxxx family of real estate funds U.S. BANK, N.A.
By: /s/ Xxx X. Xxxxx III By: /s/ Xxxxxxxx X. Xxxxxx
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Printed Name: Xxx X. Xxxxx Printed Name: Xxxxxxxx X. Xxxxxx
Title: President Title: Vice President
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EXHIBIT C
TO THE CUSTODY AGREEMENT - XXXXX FAMILY OF REAL ESTATE
U.S. BANK
MUTUAL FUND CUSTODY SERVICES
DOMESTIC CUSTODY FEE SCHEDULE EFFECTIVE 7/1/06
U.S. Bank Institutional Custody Services, as Custodian, will receive monthly
compensation for services according to the terms of the following Schedule:
I. Portfolio Transaction Fees:
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$ 7.00 per US Bank repurchase agreement transaction
$ 7.00 per book entry security (depository or Federal Reserve system)
$25.00 per portfolio transaction processed through our New York custodian
definitive security (physical)
$ 8.00 per principal paydown
$15.00 per option/future contract written, exercised or expired
$50.00 per Cedel/Euroclear transaction
$15.00 per mutual fund trade
$15.00 per Fed wire or margin variation Fed wire
$ 6.00 per short sale
$ 5.00 per expense disbursement
$150.00 per segregated account per year
A transaction is a purchase/sale of a security, free receipt/free delivery
(excludes initial conversion), maturity, tender or exchange:
II. Market Value Fee Per Fund
-------------------------
Based upon an annual rate of:
1.00 basis points for the first $500 million
0.75 basis points for the next $500 million
0.50 basis points over $1 billion
Monthly Minimum Fee - $500 per month
III. Out-of-Pocket Expenses
----------------------
The only out-of-pocket expenses charged to your account will be shipping
fees or transfer fees. Treasury management and all other out-of-pocket
charges will be billed monthly.
o U S Bank retains the right to be reimbursed for out-of-pocket expenses
including, but not limited to postage, insurance and long distance
telephone charges. Other services are available and prices can be supplied
upon request.
o Real Time Internet Access for the client will be provided at no additional
charge.
o This fee schedule is quoted based on exclusive utilization of the First
American Money Market Funds for investment of short-term cash.
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U.S. BANK
GLOBAL SUB-CUSTODIAL SERVICES
ANNUAL FEE SCHEDULE EFFECTIVE 7/1/06
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COUNTRY INSTRUMENT SAFEKEEPING TRANSACTION COUNTRY INSTRUMENT SAFEKEEPING TRANSACTION
(BPS) FEE (BPS) FEE
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Argentina All 15.00 $40 Latvia Gov't Bonds 15.00 $75
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Australia All 2.00 $30 Lebanon All 25.00 $90
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Austria Equities/Bonds 3.50 $35 Lithuania All 20.00 $50
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Austria Depo Receipt 20.00 $35 Luxembourg All 4.00 $25
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Austria non ATS ALL 25.00 $90 Malaysia All 6.00 $80
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Bahrain All 50.00 $140 Mali All 40.00 $155
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Bangladesh All 40.00 $150 Malta All 22.00 $75
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Belgium All 2.50 $45 Mauritius All 30.00 $100
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Benin All 40.00 $155 Mexico All 3.00 $20
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Bermuda All 15.00 $60 Morocco All 35.00 $100
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Bolivia All 60.00 $150 Namibia All 30.00 $50
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Botswana All 25.00 $50 Netherlands All 3.00 $25
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Brazil All 15.00 $35 New Zealand All 3.00 $40
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Bulgaria All 40.00 $80 Niger All 40.00 $155
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Burkina Faso All 40.00 $155 Nigeria All 30.00 $50
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Canada All 1.25 $12 Norway All 3.00 $45
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Chile All 20.00 $60 Oman All 50.00 $140
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China-Shanghai All 15.00 $65 Pakistan All 30.00 $100
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China-Shenzhen All 15.00 $65 Palestinian All 45.00 $140
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Columbia All 40.00 $100 Panama All 65.00 $85
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Costa Rica All 15.00 $60 Peru All 45.00 $105
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Croatia All 35.00 $65 Philippines All 8.00 $75
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Cyprus All 15.00 $45 Poland All 25.00 $50
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Czech Republic All 20.00 $50 Portugal All 15.00 $85
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Denmark All 3.00 $50 Qatar All 45.00 $140
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EASDAQ All 5.50 $60 Romania All 35.00 $100
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Ecuador All 35.00 $65 Russia Equities/Bonds 30.00 $200
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Egypt All 40.00 $100 Russia MINFIN 15.00 $50
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Estonia All 7.00 $25 Senegal All 40.00 $155
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Euromarkets All 1.50 $10 Singapore All 3.00 $40
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Finland All 5.00 $45 Slovak Republic All 25.00 $110
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France All 2.50 $45 Slovenia All 25.00 $110
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Germany All 1.00 $30 South Africa All 3.00 $15
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Ghana All 25.00 $50 South Korea All 10.00 $20
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Greece All 20.00 $105 Spain All 3.00 $50
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Guinea Bissau All 40.00 $155 Sri Lanka All 15.00 $60
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Hong Kong All 6.00 $60 Swaziland All 30.00 $50
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Hungary All 35.00 $135 Sweden All 2.00 $45
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Iceland All 28.00 $80 Switzerland All 2.00 $50
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India All 65.00 $250 Taiwan All 20.00 $125
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Indonesia All 12.00 $100 Thailand All 6.00 $45
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Ireland All 3.00 $30 Togo All 40.00 $155
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Israel All 15.00 $45 Trinidad & Tobago All 30.00 $65
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Italy All 3.00 $50 Tunisia All 40.00 $45
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Ivory Coast All 40.00 $155 Turkey All 15.00 $15
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Jamaica All 35.00 $50 United Kingdom All 1.50 $10
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Japan All 1.50 $15 Ukraine All 30.00 $45
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Jordan All 40.00 $125 Uruguay All 50.00 $65
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Kazakhstan Equities 60.00 $150 Venezuela All 40.00 $125
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Kazakhstan Bonds 40.00 $160 Zambia All 30.00 $50
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Kenya All 30.00 $50 Zimbabwe All 30.00 $50
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Latvia Equities/Bonds 30.00 $75
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BASE FEE
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A monthly base charge of $1,200.00 per account will apply.
*Any Non-Eurobond assets held in CEDEL and Euroclear will be charged at the
local market price quote.
** All fees quoted are payable monthly
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