Exhibit 24(b)(9)(c)(ii)
AMENDMENT TO ACCOUNTING SERVICES AGREEMENT
This Agreement, dated as of the 13th day of December, 1994 made by and
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between Xxxxxxxx International Funds, a Delaware Business Trust (the "Trust")
operating as an open-end management investment company registered under the
Investment Company Act of 1940, as amended, duly organized and existing under
the laws of the State of Delaware and Fund/Plan Services, Inc. ("Fund/Plan"), a
corporation duly organized and existing under the laws of the State of Delaware
(collectively, the "Parties").
WITNESSETH THAT:
WHEREAS, the Trust and Fund/Plan have entered into an agreement dated
August 12, 1994 wherein Fund/Plan agreed to provide mutual fund accounting and
related services to the Trust (Accounting Agreement); and
WHEREAS, the Parties wish to amend the Accounting Services Agreement to
include under its terms one additional separate series of shares identified as:
Xxxxxxxx Korea Fund;
NOW THEREFORE, in consideration of the premises and mutual covenants
contained herein, the Parties hereto, intending to be legally bound, do hereby
agree:
1. To amend Schedule "B" to the Accounting Services Agreement in the form
attached hereto as Schedule "B"; and
2. To amend Schedule "C" to the Accounting Services Agreement in the form
attached hereto as Schedule "C".
This Agreement shall take effect upon the date which the amendment to the
registration statement of the Trust registering Xxxxxxxx Korea Fund becomes
effective.
IN WITNESS WHEREOF, the Parties hereto have caused this Agreement
consisting of one typewritten page, together with Schedules "B" and "C", to be
signed by their duly authorized officers and their corporate seals hereunto duly
affixed and attested, as of the day and year first above written.
Xxxxxxxx International Funds Fund/Plan Services, Inc.
/s/ G. Xxxx Xxxxxxxx /s/ Xxxxxxx X. Xxxxx
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By: G. Xxxx Xxxxxxxx, President By: Xxxxxxx X. Xxxxx, President
/s/ Xxxx Xxxxxxx /s/ Xxxxx X. Xxxxx
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Attest: Xxxx Xxxxxxx, Vice President & Attest: Xxxxx X. Xxxxx, Secretary
Secretary
Amendment to Accounting Services Agreement between Xxxxxxxx International Funds
and Fund/Plan Services, Inc.
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Dated: November 26, 1996 Page 1
SCHEDULE "B"
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AS AMENDED ON NOVEMBER 28, 1994
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FUND ACCOUNTING AND PORTFOLIO VALUATION SERVICES FEE SCHEDULE
FOR
XXXXXXXX INTERNATIONAL FUNDS
This Fee Schedule is fixed for a period of two (2) years from the Effective Date
as that term is defined in the Agreement.
The Accounting Fees as set forth below are based on the "Basic Assumptions" as
set forth in Schedule "A." To the extent that those assumptions are inaccurate
or requirements change, fee revisions may be necessary.
I. Annual Fee Schedule Per Global Portfolio: (1/12th payable monthly)
$45,000 On the First $ 10 Million of Average Net Assets
.0004 On the Next $ 40 Million of Average Net Assets
.0003 On the Next $ 50 Million of Average Net Assets
.0001 On Assets Over $100 Million of Average Net Assets
II. Pricing Services Quotation Fee (Based on individual CUSIP/SEDOL or
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security identification numbers.) Respective fees will be billed monthly.
A) Xxxxxx Data Corporation (Based on current vendor costs, subject to
change)
Government/Mortgage Backed/Corporate
Short & Long Term Quotes $ .50 per Quote per Issue
Tax-Exempt Short & Long Term Quotes $ .55 per Quote per Issue
Foreign Security Quotes $ .50 per Quote per Security
Foreign Security Supplemental Corporation
Actions, Dividends & Capital Changes $2.00 per Issue perMonth
CMOs/ARMs/ABS $1.00 per Quote per Issue
Minimum Weekly File Transmission is Assumed
There are currently no charges for the domestic dividend and capital
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change information transmitted daily to Fund/Plan services from
Xxxxxx Data Corporation.
B) Futures and Forward Currency Contracts $2.00 per Issue per Day
C) Quotron Systems, Inc. (Based on current vendor costs, subject to
change.)
There are currently no charges for the domestic security prices
supplied by Quotron Systems, Inc.
Amendment to Accounting Services Agreement between Xxxxxxxx International Funds
and Fund/Plan Services, Inc.
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Dated: November 25, 1996 Page 2
D) Telerate Systems, Inc. (Based on current vendor costs, subject to
change.)
E) Interactive Data Corp. (Based on current vendor costs, subject to
change.)
Domestic Equities and Options $.15 per Quote per Issue
Corporate/Government/Agency Bonds Including
Mortgage-Backed Securities (evaluated,
seasoned, and/or closing) $.50 per Quote per Issue
US Municipal Bonds and Collateralized
Mortgage Obligations $.80 per Quote per Issue
International Equities and Bonds $.50 per Quote per Issue
Domestic Dividends and Capitalization
Changes $3.50 per Month per Holding
International Dividends and Capital
Changes $4.00 per Month per Holding
Interactive Data also charges monthly transmission costs and disk
storage charges.
Specific costs will be identified based upon options selected by Xxxxxxxx
International Capital Management and will be billed monthly.
III. Out-Of-Pocket Expenses
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The Trust will reimburse Fund/Plan Services, Inc. monthly for all out-of-
pocket expenses, including telephone, postage, telecommunications,
special reports, record retention, special transportation, and copying
and sending materials to auditors for audits.
IV. Other Services Not Covered By This Agreement
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To the extent the Trust commences the use of investment techniques such
as Security Lending, Short Sales, Interest Rate Swaps, Futures,
Leveraging, Precious Metals or non-US dollar denominated Futures and
Options on securities and currency, additional fees will apply.
Activities of a non-recurring nature such as fund consolidations,
mergers, or reorganizations will be subject to negotiation. Any
additional enhanced services, programming requests or reports will be
quoted upon request.
To the extent the Trust should decide to issue separate/multiple classes
of shares, additional fees shall apply.
Amendment to Accounting Services Agreement between Xxxxxxxx International Funds
and Fund/Plan Services, Inc.
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Dated: November 25, 1996 Page 3
SCHEDULE "C"
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AS AMENDED ON NOVEMBER 28, 1994
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IDENTIFICATION OF SERIES
Below are listed the "Series" to which services under this Agreement are to be
performed as of the execution date of this Agreement:
XXXXXXXX INTERNATIONAL FUNDS
1. Xxxxxxxx Pacific Tiger Fund
2. Xxxxxxxx Asian Convertible Securities Fund
3. Xxxxxxxx Korea Fund
This Schedule "C" may be amended from time to time by agreement of the Parties.
Amendment to Accounting Services Agreement between Xxxxxxxx International Funds
and Fund/Plan Services, Inc.
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Dated: November 25, 1996 Page 4
