KINETICS PORTFOLIOS TRUST SECOND AMENDMENT TO THE FUND ADMINISTRATION SERVICING AGREEMENT
SECOND
AMENDMENT TO THE
THIS
SECOND AMENDMENT
dated as
of this 16 day of June, 2006, to the Fund Administration Servicing Agreement,
dated as of January 1, 2002, as amended December 15, 2005, is entered into
by
and between Kinetics
Mutual Funds, Inc.,
a
Maryland corporation (the “Corporation”) and U.S.
Bancorp Fund Services, LLC,
a
Wisconsin limited liability company ("USBFS").
RECITALS
WHEREAS,
the
Corporation and USBFS have entered into a Fund Administration Servicing
Agreement dated as of January 1, 2002, as previously amended (the “Agreement”);
and
WHEREAS,
the
Corporation and USBFS desire to amend the Agreement; and
WHEREAS,
Section
6 of the Agreement allows for its amendment by a written instrument executed
by
the Corporation and USBFS;
NOW,
THEREFORE,
the
Corporation and USBFS agree as follows:
Exhibit
A
of the Agreement is hereby superseded and replaced with Exhibit A attached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 Second Amendment to be executed by a duly
authorized officer on one or more counterparts as of the date and year first
written above.
| KINETICS MUTUAL FUNDS, INC. | U.S. BANCORP FUND SERVICES, LLC | |
| By: /s/ Xxxxx X. Xxxxx | By: /s/ Xxxxxxx X. XxXxx | |
| Name: Xxxxx X. Xxxxx | Name: Xxxxxxx X. XxXxx | |
| Title: President | Title: Senior Vice President |
