AMENDMENT TO ADMINISTRATION AND SHAREHOLDER SERVICES AGREEMENT
Exhibit (h)(2)(xv)
AMENDMENT TO ADMINISTRATION AND
SHAREHOLDER SERVICES AGREEMENT
This Amendment to Administration and Shareholder Services Agreement (this “Amendment”), effective as of September 1, 2014, is made by and between Xxxxxxxx International Funds (the “Trust”) and Xxxxxxxx International Capital Management, LLC (“Xxxxxxxx,” and together with the Trust, the “Parties”).
Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Administration and Shareholder Services Agreement, dated as of August 31, 2004, as amended August 12, 2005, August 11, 2006, August 31, 2007, September 15, 2008, November 30, 2009, May 19, 2011, November 30, 2011, April 30, 2013, and September 1, 2013, by and between the Trust and Xxxxxxxx (the “Agreement”).
WITNESSETH THAT:
WHEREAS, the Parties originally entered into the Agreement, wherein Xxxxxxxx agreed to provide certain services to the Trust; and
WHEREAS, the Parties wish to amend the Agreement to revise Exhibit B to add additional breakpoints, resulting in lower fee rates for total portfolio assets over $25 billion.
NOW, THEREFORE, in consideration of the premises and mutual covenants contained herein, the Parties hereto, intending to be legally bound, do hereby agree as follows:
1. Exhibit B to the Agreement is hereby amended and replaced with the new Exhibit B attached hereto.
2. The Agreement will otherwise remain in full force and effect.
IN WITNESS WHEREOF, the Parties hereto have caused this Amendment, including the amended Exhibit B attached hereto, to be signed by their duly authorized officers as of the date set forth below.
| XXXXXXXX INTERNATIONAL FUNDS | XXXXXXXX INTERNATIONAL CAPITAL MANAGEMENT, LLC | |||||||
| By: | /s/ Xxxx X. XxXxxxx |
By: | /s/ Xxxxxxx X. Xxxxxxx | |||||
| Name: | Xxxx X. XxXxxxx | Name: | Xxxxxxx X. Xxxxxxx | |||||
| Title: | Vice President and Secretary | Title: | Chief Executive Officer | |||||
| Date: | September 1, 2014 | Date: | September 1, 2014 | |||||
EXHIBIT B
XXXXXXXX INTERNATIONAL FUNDS
ADMINISTRATION AND SHAREHOLDER SERVICE FEE SCHEDULE
(amended effective September 1, 2014)
The Administration and Shareholder Service Fee for the Fund Complex is as follows:
| Portfolio Value of the Funds |
Administration and Shareholder Service Fee as a Percent of Portfolio Value of the Funds (Not to Exceed) | |
| Up to $2 Billion | 0.25% of average daily net assets | |
| Over $2 Billion up to $5 Billion | 0.1834% of average daily net assets | |
| Over $5 Billion up to $7.5 Billion | 0.15% of average daily net assets | |
| Over $7.5 Billion up to $15 Billion | 0.125% of average daily net assets | |
| Over $15 Billion up to $22.5 Billion | 0.11% of average daily net assets | |
| Over $22.5 Billion up to $25 Billion | 0.10% of average daily net assets | |
| Over $25 Billion up to $30 Billion | 0.09% of average daily net assets | |
| Over $30 Billion up to $35 Billion | 0.08% of average daily net assets | |
| Over $35 Billion up to $40 Billion | 0.07% of average daily net assets | |
| Over $40 Billion up to $45 Billion | 0.06% of average daily net assets | |
| Over $45 Billion | 0.05% of average daily net assets |
| XXXXXXXX INTERNATIONAL FUNDS | XXXXXXXX INTERNATIONAL CAPITAL MANAGEMENT, LLC | |||||||
| By: | /s/ Xxxx X. XxXxxxx |
By: | /s/ Xxxxxxx X. Xxxxxxx | |||||
| Name: | Xxxx X. XxXxxxx | Name: | Xxxxxxx X. Xxxxxxx | |||||
| Title: | Vice President and Secretary | Title: | Chief Executive Officer | |||||
| Date: | September 1, 2014 | Date: | September 1, 2014 | |||||
