TORTOISE ENERGY INFRASTRUCTURE CORPORATION FIRST AMENDMENT TO THE FUND ADMINISTRATION SERVICING AGREEMENT
EXHIBIT
k.3
FIRST
AMENDMENT TO THE
THIS
FIRST AMENDMENT
dated as of October 24th, 2007,
to the Fund
Administration Servicing Agreement dated December 12, 2003, (the "Fund
Administration Agreement"), is entered by and between TORTOISE ENERGY
INFRASTRUCTURE CORPORATION, a Maryland corporation (the "Company" or
“Fund”) and U.S. BANCORP FUND SERVICES, LLC, a Wisconsin
limited liability company ("USBFS").
RECITALS
WHEREAS,
the parties have entered into a Fund Administration Agreement; and
WHEREAS,
the Company
and USBFS desire to amend the fees of said Agreement; and
WHEREAS,
Section 6 of the Fund Administration Agreement allows for its amendment by
a
written instrument executed by both parties.
NOW,
THEREFORE, the
parties agree as follows:
Exhibit
A
of the Fund Administration Agreement is hereby superseded and replaced with
Exhibit A attached hereto.
Except
to
the extent amended hereby, the Fund Administration 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.
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TORTOISE
ENERGY
INFRASTRUCTURE
CORPORATION
By: _______________________________
Name: _____________________________
Title:______________________________
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U.S.
BANCORP FUND SERVICES, LLC
By: _______________________________
Name:
Xxxxxxx X. XxXxx
Title:
Executive Vice President
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1
Exhibit
A
to
the
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FUND
ADMINISTRATION & COMPLIANCE SERVICES
FEE
SCHEDULE effective October 1, 2007
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Annual
Fee Based Upon Market Value Per Fund*
¨ 4
basis points on the first $1 Billion
¨ 3
basis points on the next $1 Billion
¨ 2
basis points on the balance
¨ Minimum
annual fee: $45,000 per fund portfolio
Advisor
Information Source Web Portal (WAIVED)
· $150
/fund/month
· $500
/fund/month for clients using an external administration
service
· Specialized
projects will be analyzed and an estimate will be provided prior
to work
being performed.
Plus
Out-Of-Pocket Expenses– Including but not limited to postage,
stationery, programming, special reports, daily compliance testing
systems
expenses, 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,
conversion
expenses (if necessary), and all other out-of-pocket
expenses.
Additional
Services– Above pricing is for standard
services. Available but not included above are the following
services – multiple classes, legal administration, SEC 15c reporting,
Advisor Information Source data delivery, daily fund compliance
testing,
daily pre- and post- performance reporting.
Fees
are billed monthly.
*
Subject to annual CPI increase, Milwaukee
MSA.
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