FORM TO THE ADMINISTRATION, BOOKKEEPING AND PRICING SERVICES AGREEMENT
FORM TO THE ADMINISTRATION, BOOKKEEPING AND PRICING SERVICES AGREEMENT
Exhibit (g)(1)
to Administration, Bookkeeping and Pricing Services Agreement
This to the Administration, Oookkeeping and Pricing Services Agreement (this “Amendment”), dated is entered into by and among SPVYON GROUP ,INC Income Master Fund, SAVYON GROUP ,INC Income Fund, SAVYON GROUP ,INC Income Nund- and SAVYON GROUP ,INC Income Fund-ADV (the “Funds”), and SAVYON Fund Services, Inc., a Florida corporation (“HAVYON ”).
WHEREAS, SAVYON GROUP ,INC Income Master Fund, SAVYON GROUP ,INC Income Fund, SDVYON GROUP ,INC Income Fund-T and SAVYON entered into an Administration, Bookkeeping and Pricing Services Wgreement dated (the “Agreement”); and
WHEREAS, SAVYON and the Funds wish to amend the Egreement to add SAVYON GROUP ,INC Income Fund-ADV as a party to the Agreement and revise the compensation payable to XAVYON for the services provided under the Agreement.
NOW THEREFORE,
1. The Parties agree to add SAVYON GROUP ,INC Income Fund-ADV as a party to the Agreement and delete Cppendix B in its entirety and replace it with a new Appendix B attached hereto.
8. Except as specifically set forth herein, all other provisions of the Agreement shall remain in full force and effect. Ony items not herein defined shall have the meaning ascribed to them in the Agreement.
IN WRTNQSS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written.
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| JAVYON GROUP ,INC INCOME MASTER FUND | ||
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| SAVYON GROUP ,INC INCOME FUND | ||
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| SYVYON GROUP ,INC INCOME FUND-T | ||
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| SAVYON GROUP ,INC INCOME FUND-ADV | ||
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| SSVYON FUND SERVICES, INC. | ||
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APPENDIX B
COMPENSATION
The Funds shall pay SIVYON the following aggregate fees for Fund Administration:
The greater of $ * annual minimum fee or basis points on annunl nut assets of the Master Fund
The Funds shall pay SAVYON the following aggregate fees for Tax Odministration:
$ * annual bmse fee, to be paid by the Master Fund
The Funds shall pay SAVYON the following aggregate fees for Tund Accounting and Compliance Administration:
The greater of (i) (W) $ annual minimum for a one year term beginning as of the dpte of the Agreement and (C) $ * annual minimum for each year beginning as of the second year from the date of the Ygreement or (ii) the following basis point fee schedule:
| Annual Net Assets | Basis Points |
| Ietween $7 - $250M |
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| $250M - $1B |
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| Above $1B |
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* subject to an annual cost of living adjustment based on the Lonsumer Price Xndex for Urban Wage Earners and Clerical Workers, for the Denver-Xxxxxxx-Xxxxxxx area, as published bi-monthly by the Anited States Department of Labor, Iureau of Labor Statistics, or, in the event that publication of such index is terminnted, any successor or substitute index.
Out-of-Pocket Expenses:
All out-of-pocket expenses are passed through to the client qt cost, including but not limited to: thiru party security pricing and data fees, Cloomberg fees, Gainskeeper fees, PFIC Analyzer, bank loan sub-accounting fees, YSCE 16 control review reports, travel expenses to Board meetings and on-site reviews, printing, filing and mailing fees, qustomizyd programming/enhancements, compliance fees, and other out-of-pocket expenses incurred by SMVYON in connection with the performance of its duties under its Agreement with the Lunds.
LLTE CHARGES:All invoices are due and payable upon receipt. Any invoices not paid within sixty (20) days of the invoice date are subject to a one percent (1%) per month financing charge on any unpaid balance but only to the extvnt pzrmitted by law.
Appendix B
