SECOND AMENDMENT TO FUND SERVICES AGREEMENT
SECOND AMENDMENT TO
THIS SECOND Amendment TO FUND SERVICES AGREEMENT (this “Amendment”) is effective as of June 1, 2018, and is made by and between Gemini Fund Services, LLC, a Nebraska limited liability company (“GFS”), and Northern Lights Fund Trust II, a Delaware statutory trust (the “Trust”).
WHEREAS, GFS and the Trust are parties to that certain Fund Services Agreement dated May 17, 2011, as amended (the “Agreement”); and
WHEREAS, the U.S. Securities and Exchange Commission has adopted new rules and forms, including without limitation, Form N-CEN, designed to modernize the reporting and disclosure of information by registered investment companies (the “Reporting Modernization Rules”); and
WHEREAS, GFS seeks the Trust’s approval of additional fees associated with the preparation and filing of Form N-CEN as required by the Reporting Modernization Rules to cover the increased cost to GFS of providing such service; and
WHEREAS, the Trust’s Board of Trustees is agreeable to the aforementioned additional fees.
NOW, THEREFORE, in consideration of the premises and the mutual covenants and agreements herein set forth, the parties hereto agree to amend the Agreement as follows:
1. Amendments.
(a) Section 6 of Appendix I to the Agreement hereby is deleted in its entirety and replaced with the following:
6) Provide all raw data available from its mutual fund accounting system for the Fund’s investment adviser or the administrator to assist in preparation of the following:
a. Semi-annual financial statements;
b. Annual form N-CEN and annual tax returns;
c. Financial data necessary to update form N-1A; and
d. Annual proxy statement.
(b) Section 9 of Appendix II to the Agreement hereby is deleted in its entirety and replaced with the following:
9) In consultation with legal counsel for the Trust, assist in and monitor the preparation, filing, printing and where applicable, dissemination to shareholders of the following:
| a. | amendments to the Trust’s Registration Statement on Form N-1A; |
| b. | periodic reports to the Trustees, shareholders and the SEC, including |
but not limited to annual reports and semi-annual reports;
| c. | notices pursuant to Rule 24f-2; |
| d. | proxy materials; and |
| e. | reports to the SEC on Forms N-SAR, N-CEN, N-CSR, N-Q, N-PORT, N-23c-3 and N-PX (as applicable). |
| (c) | Appendix IV to the Agreement hereby is amended by inserting the following paragraph d. immediately after paragraph c. under Fund Administration Fees, Section 3: |
d. Reporting Modernization fees. Each Fund shall pay an annual reporting modernization fee of $500.00 for N-CEN filings and in addition will be assessed separate charges for third-party data sourcing.
2. Miscellaneous.
(a) Except as hereby amended, the Agreement shall remain in full force and effect.
(b) This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
IN WITNESS WHEREOF, each party hereto has caused this Amendment to be executed by its duly authorized officer as of the date and year first above written.
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By: /s/ Xxxxx Wolf_ Name: Xxxxx Xxxx Title: President |
GEMINI FUND SERVICES, LLC
By: /s/ Xxxxx Xxxxxxxxxx Name: Xxxxx Xxxxxxxxxx Title: Chief Executive Officer |
