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EXHIBIT 24(b)(9)(a)(i)
THE KENT FUNDS
X.X. XXX 000000
XXXXXXXX, XXXX 00000-0000
May 1, 1997
BISYS Fund Services
Limited Partnership
0000 Xxxxxxx Xxxx
Xxxxxxxx, Xxxx 00000
Attn: J. Xxxxx Xxxxx
Re: The Kent Funds (the "Trust")
Dear Xx. Xxxxx:
The Trust hereby requests, pursuant to the Administration Agreement
dated August 5, 1996 ("Agreement") between BISYS Fund Services Limited
Partnership ("BISYS LP") and the Trust, that BISYS LP perform for the following
newly created portfolio of the Trust the services described in the Agreement.
The compensation to be paid by such portfolio to BISYS LP for its services is
the portfolio's pro rata share of the amount set forth below, subject to the
annual minimum fee for such portfolio that is set forth below:
COMPENSATION - ANNUAL FEE AS A
PORTFOLIO PERCENTAGE OF THE TRUST'S
AVERAGE DAILY NET ASSETS
The Kent Government .185% of the Trust's average daily net assets up to $5 billion;
Money Market Fund .165% of the Trust's average daily net assets in excess of $5 billion up
to $7.5 billion; .135% of the Trust's average daily net assets in excess
of $7.5 billion; subject to an annual minimum fee for such portfolio of
$45,000.
Please acknowledge your consent to the above by signing and returning
this letter to the Trust.
Very truly yours,
THE KENT FUNDS
By: /s/ R. Xxxxxxx Xxxxx
----------------------------
Title: Vice President
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Agreed to and Accepted:
BISYS FUND SERVICES LIMITED
PARTNERSHIP
By: BISYS Fund Services, Inc.,
General Partner
By: /s/ Xxxxxx X. Xxxxxxxx
------------------------------
Title: Sr. Vice President
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