AMENDMENT NO. 6 to the EXPENSE LIMITATION AGREEMENT
AMENDMENT
NO. 6
to
the
This
Amendment is made as of October 27, 2010 to the Expense Limitation Agreement
dated August 14, 2007 (“Agreement”), as amended between Munder Series Trust
(“MST”) and Munder Capital Management (“MCM”).
WHEREAS,
MCM desires to pay certain expenses of the Munder Asset Allocation Fund –
Balanced and/or waive fees payable under the Service Agreements (as defined in
the Agreement) through October 31, 2011 in order to reduce the ordinary annual
fund operating expenses born by the shareholders of each class of shares of the
Fund.
NOW
THEREFORE, in consideration of the promises contained herein, MST and MCM agree
to amend the Agreement as follows:
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1.
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MCM
hereby agrees to pay Fund expenses and/or waive Service Agreement fees
through October 31, 2011 in amounts sufficient to maintain the Expense
Limit (as defined in the Agreement) specified for each class of shares of
the Munder Asset Allocation Fund –
Balanced.
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2.
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Schedule
A of the Agreement is hereby replaced with the attached Schedule A
effective October 28, 2010.
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IN
WITNESS WHEREOF, the parties hereto have caused this instrument to be executed
by their officers designated below as of the date first set forth
above.
By:___________________________________________
Xxxxxxx X. Xxxxxxxxxxx
Vice President, Secretary &
CCO
MUNDER
CAPITAL MANAGEMENT
By:___________________________________________
Xxxxx X. Xxxxxxx
Managing Director, Chief Financial
Officer
Dated: October
31, 2010
SCHEDULE
A
To
the Expense Limitation Agreement
Expense
Limits
Expense
payments and Service Agreement fee waivers made by MCM under this Agreement
shall be made in an amount sufficient to maintain the specified Operating
Expense Ratio for each class as follows:
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International
Fund-Core Equity
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International
Small-Cap Fund
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Class
A
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1.61%
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Class
A
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1.71%
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Class
C
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2.36%
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Class
C
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2.46%
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Class
Y
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1.36%
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Class
Y
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1.46%
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Class
I
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1.10%
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Class
I
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1.20%
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Bond
Fund
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Tax-Free
Short & Intermediate Bond Fund
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Class
A
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0.65%
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Class
A
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0.65%
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Class
B
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1.40%
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Class
B
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1.40%
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Class
C
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1.40%
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Class
C
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1.40%
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Class
K
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0.65%
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Class
K
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0.65%
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Class
Y
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0.40%
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Class
Y
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0.40%
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Asset
Allocation Fund-Balanced
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Class
A
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1.50%
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Class
B
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2.25%
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Class
C
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2.25%
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Class
K
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1.50%
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Class
Y
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1.25%
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B-2
