EXHIBIT (8)(I)
CUSTODIAN AGREEMENT
(ADDITION OF THE INTERNATIONAL EQUITY FUND)
Firstar Trust Company
X.X. Xxx 0000
Xxxxxxxxx, XX 00000
Gentlemen:
Pursuant to Paragraph 16 of the Custodian Agreement dated as of
July 29, 1988 and amended as of May 1, 1990, between you and Portico Funds, Inc.
(formerly, Elan Funds, Inc.) (the "Company"), the Company requests that you
render services as Custodian under the terms of said agreement with respect to
the International Equity Fund. Your compensation for the services provided
under said agreement for said additional portfolio shall be determined in
accordance with the fee schedule attached hereto.
Please sign two copies of this letter where indicated to signify your
agreement to serve as Custodian and to the compensation terms set forth on the
attached fee schedule.
Sincerely,
Dated: August 19, 1997 PORTICO FUNDS, INC.
By:/s/ Xxxxx X. Xxxx
--------------------------
(Authorized Officer)
ACKNOWLEDGED AND AGREED:
FIRSTAR TRUST COMPANY
By:/s/ Xxxxxx X. Xxxxxxxxx Dated: August 19, 1997
----------------------------
(Authorized Officer)
FIRSTAR TRUST COMPANY
MUTUAL FUND SERVICES
MUTUAL FUND CUSTODIAL AGENT SERVICE ANNUAL FEE SCHEDULE
FOR
International Equity Fund
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Annual Fee based on total assets of the Portico Fund:
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0.02% on the first $2 billion
0.15% on the next $2 billion
0.01% on the balance in excess of $4 billion
Investment Transactions: Purchase, sale, exchange, tender, redemption
(maturity), receipt and delivery.
$12.00 per Book Entry Securities (Depository or Federal
Reserve System).
$25.00 per Definitive Security (Physical).
$75.00 per Euroclear.
$ 8.00 per Principal reduction on pass-through certificates.
$35.00 per Option/Futures Contract.
$15.00 per variation margin transaction.
$25.00 per Mutual Fund trade
$15.00 per Fed Wire deposit or withdrawal
Extraordinary expenses based on time and complexity involved.
Out-of-Pocket Expenses: Charged on the account.
Fees are billed quarterly based on the value at the beginning of the quarter.
