ROCHDALE INVESTMENT TRUST AMENDMENT TO THE ADMINISTRATION AGREEMENT
AMENDMENT
TO THE ADMINISTRATION AGREEMENT
THIS AMENDMENT dated as of
this 20th day of
May, 2009, to the Administration Agreement, dated as of the 28th day of
June, 1998, as amended September 1, 2000 and June 12, 2006, (the “Agreement”),
is entered by and between Rochdale Investment Trust, a
Delaware statutory trust (the “Trust”) and U.S. Bancorp Fund Services, LLC,
a Wisconsin limited liability corporation, (“USBFS").
RECITALS
WHEREAS, the parties have
entered into an Agreement; and
WHEREAS, the Trust and USBFS
desire to amend the fees of the Agreement; and
WHEREAS, Section 10 of the
Agreement allows for its amendment by a written instrument executed by both
parties.
NOW, THEREFORE, the parties
agree as follows:
Schedule
A, the fee schedule of the Agreement, is hereby superseded and replaced with
Schedule 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 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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U.S.
BANCORP FUND SERVICES, LLC
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By:
____________________________
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By:
________________________________
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Printed
Name:_____________________
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Printed
Name: Xxxxxxx X. XxXxx
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Title:
___________________________
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Title:
Executive Vice
President
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1
Schedule
A to the Administration Agreement
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FUND
ADMINISTRATION SERVICES
FEE
SCHEDULE at May, 2009
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Annual
Fees*
Subject
to a $22,500 minimum
fee per Fund or Master Portfolio and a $5,000 fee for
each additional share class or feeder fund, the following rates are
applicable to the Portfolios of Rochdale Investment Trust. Such
fees are payable in the manner set forth in the Administration Agreement
of June 28, 1998 and amended schedule A dated September 1,
2000.
0.10% First $200
Million
0.05% Next $300
Million
0.03%
thereafter
Fees
are billed monthly.
*Subject
to CPI increase, Milwaukee
MSA.
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CHIEF
COMPLIANCE OFFICER
SUPPORT
SERVICES
FEE
SCHEDULE
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Chief Compliance Officer Support
Services
U.S,
Bancorp provides support to the Chief Compliance Officer (CCO) of each
fund serviced either by U.S. Bancorp Fund Services, LLC or Quasar
Distributors, LLC. Indicated below are samples of functions
performed by USBFS in this CCO support role:
• Business
Line Functions Supported
• Fund
Administration and Compliance
• Transfer
Agent and Shareholder Services
• Fund
Accounting
• Custody
Services
• Securities
Lending Services
• Distribution
Services
• Daily
Resource to Fund CCO, Fund Board, Advisor
• Provide
USBFS/USB Critical Procedures & Compliance Controls
• Daily
and Periodic Reporting
• Periodic
CCO Conference Calls
• Dissemination
of Industry/Regulatory Information
• Client
& Business Line CCO Education & Training
• Due
Diligence Review of USBFS Service Facilities
• Quarterly
USBFS Certification
• Board
Meeting Presentation and Board Support
• Testing,
Documentation, Reporting
Annual
Fee Schedule*
· $2,000 per
service per year (effective January 1, 2008)
Fees are billed
monthly.
*Subject
to annual CPI increase, Milwaukee
MSA.
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