Exhibit (h)(12)(a)
ADDENDUM NO. 2 TO THE ADMINISTRATION AGREEMENT
This Addendum, dated as of the ____ day of ________, 2001, is entered into
among Firstar Funds, Inc. (formerly, Portico Funds, Inc.) (the "Company"), a
Wisconsin corporation, and Firstar Mutual Fund Services, LLC, a Wisconsin
corporation ("Firstar").
WHEREAS, the Company, and Firstar have entered into an Administration
Agreement dated as of August 1, 2000 (the "Administration Agreement"), pursuant
to which the Company appointed Firstar to provide certain administrative
services to the Company for its Money Market Fund, Tax-Exempt Money Market Fund,
Growth and Income Fund, Short-Term Bond Fund, Bond IMMDEXTM Fund, MidCap Core
Equity Fund, U.S. Government Money Market Fund, Equity Index Fund, Institutional
Money Market Fund, U.S. Treasury Money Market Fund, Balanced Growth Fund, Large
Cap Core Equity Fund, Intermediate Bond Fund, Tax-Exempt Intermediate Bond Fund,
International Value Fund, MicroCap Fund, Small Cap Core Equity Fund,
International Growth Fund, MidCap Index Fund, Small Cap Aggressive Growth Fund,
and any other Firstar Funds that may be contemplated (collectively, the
"Funds");
WHEREAS, the Company is establishing an additional investment portfolio to
be known as the Conning Money Market Fund (the "Fund") and desires to retain
Firstar to act as the administrator under the Administration Agreement; and
WHEREAS, Firstar is willing to serve as administrator for the Fund;
NOW THEREFORE, the parties hereto, intending to be legally bound, hereby
agree as follows:
1. Appointment. The Company hereby appoints Firstar to act as
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administrator to the Company for the Fund for the period and the terms set forth
herein and in the Administration Agreement. Firstar hereby accepts such
appointment and agrees to render the services set forth herein and in the
Administration Agreement, for the compensation herein provided.
2. Compensation. For the services provided and the expenses assumed with
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respect to the Fund and the other Funds pursuant to the Administration Agreement
and this Addendum, the Company will pay Firstar, and Firstar will accept as full
compensation therefor, a fee, computed daily and payable monthly, at the annual
rate of 0.125% of the Company's first $2 billion of average aggregate daily net
assets, plus 0.10% of the Company's average aggregate daily net assets in excess
of $2 billion. Such fee as is attributable to the Fund, shall be a separate
charge to the Fund and shall be the obligation of the Fund.
3. Miscellaneous. Except to the extent supplemented hereby, the
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Administration Agreement shall remain unchanged and in full force and effect and
is hereby ratified and confirmed in all respects as supplemented hereby.
IN WITNESS WHEREOF, the undersigned have executed this Addendum as of the
date and year first above written.
FIRSTAR FUNDS, INC.
By:__________________________________
(Authorized Officer)
FIRSTAR MUTUAL FUND SERVICES, LLC
By:__________________________________
(Authorized Officer)
