KINETICS MUTUAL FUNDS, INC. SEVENTH AMENDMENT TO THE FUND ADMINISTRATION SERVICING AGREEMENT
KINETICS
MUTUAL FUNDS, INC.
SEVENTH
AMENDMENT TO THE
THIS SEVENTH AMENDMENT dated
as of this December 18, 2009, to the Fund Administration Servicing Agreement,
dated as of January 1, 2002, as amended December 15, 2005, June 16, 2006,
December 15, 2006, March 5, 2007, December 6, 2007 and March 1, 2008, is entered
into by and between Kinetics
Mutual Funds, Inc., a Maryland corporation (the “Corporation”) and U.S. Bancorp Fund Services,
LLC, a Wisconsin limited liability company (“USBFS”).
RECITALS
WHEREAS, the Corporation and
USBFS have entered into a Fund Administration Servicing Agreement dated as of
January 1, 2002, as previously amended (the “Agreement”); and
WHEREAS, the Corporation and
USBFS desire to amend the Agreement; and
WHEREAS, Section 6 of the
Agreement allows for its amendment by a written instrument executed by the
Corporation and USBFS.
NOW, THEREFORE, the
Corporation and USBFS agree as follows:
Exhibit A
of the Agreement is hereby superseded and replaced with Exhibit A attached
hereto.
Except to
the extent amended hereby, the Agreement shall remain in full force and
effect.
IN WITNESS WHEREOF, the
parties hereto have caused this Seventh 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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KINETICS
MUTUAL FUNDS, INC.
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U.S.
BANCORP FUND SERVICES, LLC
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By:
/s/ Xxx
Xxxxxxx
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By:
/s/ Xxxxxxx
XxXxx
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Name:
Xxx
Xxxxxxx
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Name:
Xxxxxxx X. XxXxx
|
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Title:
Vice
President
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Title:
Executive Vice President
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1
Exhibit
A
to
the Fund Administration Servicing Agreement – Kinetics Mutual Funds,
Inc.
Administration
Services – Annual Fee Schedule – Feeder Funds
Separate
Series of Kinetics Mutual Funds, Inc. at December, 2009
Name of
Series
The
Internet Fund – No Load Class
The
Internet Fund – Advisor Class A
The
Internet Fund – Advisor Class C
The
Internet Fund – Institutional Class
The
Global Fund – No Load Class
The
Global Fund – Advisor Class A
The
Global Fund – Advisor Class C
The
Global Fund – Institutional Class
The
Paradigm Fund – No Load Class
The
Paradigm Fund – Advisor Class A
The
Paradigm Fund – Advisor Class C
The
Paradigm Fund – Institutional Class
The
Tactical Paradigm Fund – No Load Class
The
Tactical Paradigm Fund – Advisor Class A
The
Tactical Paradigm Fund – Advisor Class C
The
Tactical Paradigm Fund – Institutional Class
The
Medical Fund – No Load Class
The
Medical Fund – Advisor Class A
The
Medical Fund – Advisor Class C
The
Medical Fund – Institutional Class
The Small
Cap Opportunities Fund – No Load Class
The Small
Cap Opportunities Fund – Advisor Class A
The Small
Cap Opportunities Fund – Advisor Class C
The Small
Cap Opportunities Fund – Institutional Class
The
Kinetics Government Money Market Fund – No Load Class
The
Market Opportunities Fund – No Load Class
The
Market Opportunities Fund – Advisor Class A
The
Market Opportunities Fund – Advisor Class C
The
Market Opportunities Fund – Institutional Class
The Water
Infrastructure Fund -- No Load Class
The Water
Infrastructure Fund – Advisor Class A
The Water
Infrastructure Fund – Advisor Class C
The Water
Infrastructure Fund – Institutional Class
The
Multi-Disciplinary Fund – No Load Class
The
Multi-Disciplinary Fund – Advisor Class A
The
Multi-Disciplinary Fund – Advisor Class C
The
Multi-Disciplinary Fund – Institutional Class
2
Exhibit
A (continued)
to
the Fund Administration Servicing Agreement – Kinetics Mutual Funds,
Inc.
Administration
Services – Annual Fee Schedule – Feeder Funds
at
June 30, 2009
Annual
fee:
___
basis points on the first $________
___
basis points on the next $________
___
basis points on the balance
Minimum
Annual Fee: $______ Note: Minimum is based on the combined fees for
both the Master Portfolios and the Feeder Funds which includes out-of-pocket
technology charge of $______ per quarter.
Multi-Disciplinary
Fund – tax review of quarterly distributions: $____ per quarter
Plus
out-of-pocket expense reimbursements, including but not limited to:
Postage
Programming
Stationery
Proxies
Out-of-pocket
expenses reimbursements
Retention
of records
Special
reports
Federal
and state regulatory filing fees
Certain
insurance premiums
Expenses
form board of trustees meetings
Auditing
and legal expenses
All other
out-of-pocket expenses
Fees are
billed monthly
3
