AMENDMENT To Transfer Agency and Service Agreement Between American AAdvantage Funds And State Street Bank and Trust Company
Exhibit (h)(xxvii)
AMENDMENT
To Transfer Agency and Service Agreement
Between
American AAdvantage Funds
And
State Street Bank and Trust Company
Between
American AAdvantage Funds
And
State Street Bank and Trust Company
This Amendment is made as of this 26th day of March 2004 between American AAdvantage
Funds (the “Fund”) and State Street Bank and Trust Company (the “Bank”). In accordance with
Article 2 (Fees and Expenses) and Article 17 (Amendment) of the Transfer Agency and Service
Agreement between the Fund and the Transfer Agent dated January 1, 1998 (the “Agreement”) the
parties desire to amend the Agreement as set forth herein.
NOW THEREFORE, the parties agree as follows:
1. Schedule 2.1. The Fee Schedule attached to the Agreement is hereby replaced and superceded by
Schedule 2.1 (Fees) dated March 1, 2004 through February 28, 2007 and attached hereto;
2. All defined terms and definitions in the Agreement shall be the same in this amendment (the
“2004 Fee Amendment”) except as specifically revised by this 2004 Fee Amendment; and
3. Except as specifically set forth in this 2004 Fee Amendment, all other terms and conditions of
the Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this 2004 Fee Amendment to be executed in their
names and on their behalf by and through their duly authorized officers, as of the day and year
first above written.
| AMERICAN AADVANTAGE FUNDS | STATE STREET BANK AND TRUST COMPANY | |||||
By:
|
By: | |||||
| Xxxxxx X. Xxxxxx | ||||||
| Executive Vice President | ||||||
Title:
|
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SCHEDULE 2.1
FEES
Dated: March 1, 2004 through February 28, 2007 (“Fee Term”)
FEES
Dated: March 1, 2004 through February 28, 2007 (“Fee Term”)
General: Fees are billable on a monthly basis at the rate of 1/12 of the annual fee. A
charge is made for an account in the month that an account opens or closes.
Annual Complex Fee
0-40 CUSIPS |
$ | 430,000.00 | ||
41-44 CUSIPS |
$ | 470,000.00 | ||
45-48 CUSIPS |
$ | 500,000.00 | ||
49-52 CUSIPS |
$ | 520,000.00 |
Annual Account Fees:
Open Account |
$ | 8.50 | /Account | |
Closed Account |
$ | 2.40 | /Account | |
Fiduciary Administration Fee* |
$ | 12.00 | /SSN | |
Regulatory/Compliance Fee |
$ | .25 | /Account** |
*Note: Paid by Shareholder
**Note: The Fund agrees to pay the Bank a minimum fee of $200.00/month if per account fee
total is less than $200.00/month.
Manual Activity Fees
New Account Set Up |
$ | 4.50 | /Each | |
Financial Transactions |
$ | 2.00 | /Each | |
Maintenance Transactions |
$ | 1.25 | /Each | |
Shareholder Telephone Calls |
$ | 3.50 | /Each | |
Letters to Shareholders |
$ | 3.50 | /Each |
Other Fees
12b-1 eligible CUSIP |
$ | 240.00 | /Year | |
New CUSIP Implementation Fee |
$ | 1,650.00 | /Each | |
Short Term Trader Fee |
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Tracking Period |
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90 days or less |
$ | .06 | /Year | |
91-180 days |
$ | .12 | /Year | |
181-270 days |
$ | .18 | /Year | |
271 days-1 year |
$ | .24 | /Year | |
1 year-2 years |
$ | .36 | /Year |
Out-of-Pocket Expenses: Out-of-pocket expenses are billed as incurred and include, but are
not limited to: costs associated with mileage calculations, mailing expenses (i.e., statements,
checks, printing, postage, etc.), telecommunication expenses, equipment and software expenses
(client-site only), programming expenses, microfiche, freight, bank charges, custom billing, and
all other expenses incurred on the Fund’s behalf.
SCHEDULE 2.1
FEES
Dated: March 1, 2004 through February 28, 2007
(continued)
FEES
Dated: March 1, 2004 through February 28, 2007
(continued)
Cost-of-Living Adjustment: Following the Fee Term, unless the parties shall otherwise
agree and provided that the service mix and volumes remain consistent as provided in the Fee Term,
the total fee for all services shall equal the fee that would be charged for the same services
based on this a fee rate (as reflected in this Schedule 2.1) increased by the percentage increase
for the twelve-month period of such previous calendar year of the Consumer Price Index for Urban
Wage Earners and Clerical Workers, for the Boston area, as published bimonthly by the United States
Department of Labor, Bureau of Labor Statistics, or, in the event that publication of such Index is
terminated, any successor or substitute index, appropriately adjusted, acceptable to both parties.
| AMERICAN AADVANTAGE FUNDS | STATE STREET BANK AND TRUST COMPANY | |||||
By:
|
By: | |||||
| Xxxxxx X. Xxxxxx | ||||||
| Executive Vice President | ||||||
Title:
|
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