Exhibit (h)(61)
LETTER AGREEMENT TO THE SHAREHOLDER SERVICING AGENT AGREEMENT
(Addition of the Ohio Tax-Exempt Money Market Fund, Aggregate Bond Fund,
National Municipal Bond Fund, Missouri Tax-Exempt Bond Fund, U.S. Government
Securities Fund, Strategic Income Fund, Equity Income Fund, Relative Value Fund,
Large Cap Growth Fund, Science & Technology Fund, REIT Fund, Small Cap Index
Fund and Global Equity Fund)
Firstar Mutual Fund Services, LLC
000 X. Xxxxxxxx Xxxxxx
Xxxxxxxxx, XX 00000
Gentlemen:
Pursuant to Paragraph 7 of the Shareholder Servicing Agent Agreement
dated as of March 23, 1988 and amended as of May 1, 1990, between Firstar Funds,
Inc. (formerly, Portico Funds, Inc. and formerly Elan Funds) (the "Company"),
and you (by assignment from Firstar Trust Company dated October 1, 1998)the
Company requests that you render services as Shareholder Servicing Agent under
the terms of said agreement with respect to the Ohio Tax-Exempt Money Market
Fund, Aggregate Bond Fund, National Municipal Bond Fund, Missouri Tax-Exempt
Bond Fund, U.S. Government Securities Fund, Strategic Income Fund, Equity Income
Fund, Relative Value Fund, Large Cap Growth Fund, Science & Technology Fund,
REIT Fund, Small Cap Index Fund and Global Equity Fund (the "New Funds"),
additional portfolios the Company is establishing. Your compensation for the
services provided under said agreement for said additional portfolios shall be
determined in accordance with the fee schedule attached hereto.
Please sign two copies of this letter where indicated to signify your
agreement to so serve as Shareholder Servicing Agent for the New Funds and to
the compensation terms set forth on the attached fee schedule for the New Funds,
which terms are to become effective as of the date set forth below.
Sincerely,
Dated: November 27, 2000 FIRSTAR FUNDS, INC.
By: /s/ Xxxxx Xxxxxx
--------------------------
(Authorized Officer)
ACKNOWLEDGED AND AGREED:
FIRSTAR MUTUAL FUND SERVICES, LLC.
By: /s/ Xxxxxx Xxxxxxxxx Dated: November 27, 2000
--------------------------
(Authorized Officer)
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FIRSTAR MUTUAL FUND SERVICES, LLC
MUTUAL FUND SHAREHOLDER SERVICES
FOR
FIRSTAR FUNDS, INC.
Aggregate Bond Fund, National Municipal Bond Fund, Missouri Tax-Exempt Bond
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Fund, U.S. Government Securities Fund, Strategic Income Fund, Equity Income
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Fund, Relative Value Fund, Large Cap Growth Fund, Science & Technology Fund,
----------------------------------------------------------------------------
REIT Fund, Small Cap Index Fund and Global Equity Fund
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Annual Fee Schedule
-------------------
$ 15 per Shareholder account
$ 5 per telephone exchange
$ 12 per wire transfer
$ 10 per NFS/NSCC networked account (Retail Class only)
Minimum annual fee of $24,000 per Fund.
Asset based fee of 0.01% of average net assets.
Fees billed monthly.
Plus out-of-pocket expenses including, but not limited to:
- Telephone--Toll-free lines
- Postage
- Programming
- Stationery/Envelopes
- Mailing
- Proxies
- Insurance
- Retention of Records
- Microfilm/Microfiche of Records
- Special Reports
- All other out-of pocket expenses
AUTOMATIC INVESTMENT PLAN PROCESSING
------------------------------------
$ .50 per cycle
$ .50 per account set-up and/or change
$ .50 per item for AIP purchases
$ 5.00 per correction, reversal or return item
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FIRSTAR MUTUAL FUND SERVICES, LLC
MUTUAL FUND SHAREHOLDER SERVICES
FOR
FIRSTAR FUNDS, INC.
Ohio Tax-Exempt Money Market Fund
----------------------------------
Annual Fee Schedule
-------------------
$ 20 per Shareholder account
$ 5 per telephone exchange
$ 12 per wire transfer
$ 10 per NFS/NSCC networked account (Retail Class only)
Minimum annual fee of $12,000 per Fund.
Asset based fee of 0.01% of average net assets.
Fees billed monthly.
Plus out-of-pocket expenses including, but not limited to:
- Telephone--Toll-free lines
- Postage
- Programming
- Stationery/Envelopes
- Mailing
- Proxies
- Insurance
- Retention of Records
- Microfilm/Microfiche of Records
- Special Reports
- All other out-of pocket expenses
AUTOMATIC INVESTMENT PLAN PROCESSING
------------------------------------
$ .50 per cycle
$ .50 per account set-up and/or change
$ .50 per item for AIP purchases
$ 5.00 per correction, reversal or return item
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