KEELEY SMALL CAP VALUE FUND, INC. SECOND AMENDMENT TO THE CUSTODY AGREEMENT
KEELEY
SMALL CAP VALUE FUND, INC.
SECOND
AMENDMENT TO THE CUSTODY AGREEMENT
THIS
AMENDMENT
dated
this 1 day of August, 2005, to the Custody Agreement, dated November 12, 1997
and the Amended Custody Agreement dated March 29, 2005, is entered by and
between Keeley
Small Cap Value Fund, Inc.,
a
Maryland Corporation (the “Fund”) and U.S.
Bank, N.A.,
a
national banking association (the "Custodian").
RECITALS
WHEREAS,
the
parties have entered into a Custody Agreement and Amended Custody Agreement;
and
WHEREAS,
the Fund
and U.S. Bank desire to amend said Agreements; and
WHEREAS, Article
XIV, Section 14.4
of the
Custody Agreement allows for its amendment by a written instrument executed
by
both parties.
NOW,
THEREFORE,
the
parties agree as follows:
The
fee
schedule in the Amended Custody Agreement is hereby superceded and replaced
with
the fee schedule attached at Exhibit B hereto. The parties agree that exhibit
B
is effective as of August 1, 2005.
Except
to
the extent supplemented hereby, the Agreement shall remain in full force and
effect.
IN
WITNESS WHEREOF,
the
parties hereto have caused this Amendment to be executed by a duly authorized
officer on one or more counterparts as of the date and year first written
above.
| KEELEY SMALL CAP VALUE FUND, INC. | U.S. BANK, N.A. |
| By: ______________________________ | By: ________________________________ |
| Title: _____________________________ | Title: _____________________________ |
