Amendment to Administration, Bookkeeping and Pricing Services Agreement

Amendment to Administration, Bookkeeping and Pricing Services Agreement

THIS AMENDMENT IS MADE AS OF NOVEMBER 13, 2018 (the “Effective Date”) between WesMark Funds (the “Trust”), an open-end, management investment company organized as a business trust under the laws of the State of Massachusetts, and ALPS Fund Services, Inc. (“ALPS”), a Colorado corporation.

WHEREAS, the Trust and ALPS have entered into an Administration, Bookkeeping and Pricing Services Agreement dated March 31, 2009, as amended (the “Agreement”); and

WHEREAS, the Trust and ALPS wish to modify the Agreement.

NOW, THEREFORE, in consideration of the premises and mutual covenants hereinafter contained, the parties hereto agree as follows:

1. As of the Effective Date, Appendix B (Services) of the Agreement is deleted in its entirety and replaced with the Appendix B (Services) attached hereto and incorporated by reference herein.

2. All other provisions of the Agreement shall remain unchanged.

IN WITNESS WHEREOF, the Amendment has been executed by a duly authorized representative of each of the parties hereto as of the Effective Date.

WESMARK FUNDS			ALPS FUND SERVICES, INC.
By:			By:
Name:	Xxxxx X. Xxxxxxx		Name:	Xxxxxx X. May
Title:	President		Title:	President

APPENDIX B

SERVICES

Fund Administration

● Prepare annual and semi-annual financial statements

● Coordinate layout and printing of reports

● Prepare and file Forms N-CEN, N-CSR, N-Q and 24f-2

● Host annual audits and SEC exams

● Perform monthly prospectus compliance and IRS/SEC diversification tests

● Calculate performance figures

● Prepare required reports for quarterly Board meetings

● Monitor expense ratios

● Maintain budget vs. actual expenses

● Manage fund invoice approval and xxxx payment process

● Maintain and coordinate Blue Sky registration

● Assist with placement of fidelity bond and E&O insurance

● Coordinate reporting to outside agencies including Morningstar, etc.

● Oversee and administer 12b-1 plans (if any)

Fund Accounting

● Calculate daily NAVs

● Transmit daily NAVs to NASDAQ, transfer agent and other third parties

● Compute yields, expense ratios, portfolio turnover rates, etc.

● Calculate income dividend rates

● Reconcile cash and investment balances with the custodian

● Support preparation of financial statements

● Prepare required Fund Accounting records in accordance with the 1940 Act

Legal

● Review and update Prospectus and Statement of Additional Information annually

● Provide legal review of SEC financial filings

● Coordinate EDGARization and filing of documents

● Prepare required reports for quarterly Board of Trustees’ meetings

● Review legal contracts

● Oversee Trust’s Code of Ethics reporting

Tax

● Perform monthly, quarterly or annual distribution calculations, as appropriate, including distributions necessary to avoid excise tax

● Prepare provision for income tax and tax disclosure information (ROCSOP) for the audited financial statements

● Prepare and file federal and state income tax returns (and appropriate extensions)

● Prepare and file federal excise tax returns

● Perform wash sale deferral and tax straddle activity analysis