EXHIBIT (h)(49)
FORM OF ADDENDUM NO. 5 TO THE CO-ADMINISTRATION AGREEMENT
This Addendum, dated as of the __th day of September, 1999, is entered into
among Firstar Funds, Inc. (formerly, Portico Funds, Inc.) (the "Company"), a
Wisconsin corporation, Firstar Mutual Fund Services, LLC, a Wisconsin
corporation ("Firstar"), and X.X. Xxxxxxx and Company, a Wisconsin corporation
("BCZ").
WHEREAS, the Company, Firstar and BCZ have entered into a Co-Administration
Agreement dated as of January 1, 1995 and amended as of August 1, 1995 (the "Co-
Administration Agreement"), pursuant to which the Company appointed Firstar (by
assignment from Firstar Trust Company dated October 1, 1998) and BCZ to provide
certain co-administrative services to the Company for its Money Market Fund,
Tax-Exempt Money Market Fund, Growth and Income Fund, Short-Term Bond Market
Fund, Bond IMMDEX/TM Fund, Special Growth Fund, U.S. Government Money Market
Fund, Equity Index Fund, Institutional Money Market Fund, U.S. Treasury Money
Market Fund, Balanced Fund, MidCore Growth Fund, Intermediate Bond Market Fund,
Tax-Exempt Intermediate Bond Fund, International Equity Fund, MicroCap Fund,
Emerging 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 MidCap Index Fund, and desires to retain Firstar and BCZ to act
as the co-administrators under the Co-Administration Agreement; and
WHEREAS, Firstar and BCZ are willing to serve as co-administrators for the
MidCap Index Fund;
NOW THEREFORE, the parties hereto, intending to be legally bound, hereby
agree as follows:
1. APPOINTMENT. The Company hereby appoints Firstar and BCZ to act as
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co-administrators to the Company for the MidCap Index Fund for the period and
the terms set forth herein and in the Co-Administration Agreement. Firstar and
BCZ hereby accept such appointment and agree to render the services set forth
herein and in the Co-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 MidCap Index Fund and the other Funds pursuant to the Co-
Administration Agreement and this Addendum, the Company will pay Firstar and
BCZ, and Firstar and BCZ will accept as full compensation therefor, a fee,
computed daily and payable monthly, at the annual rate of ____% of the Funds'
first $2 billion of average aggregate daily net assets, plus ____% of the Funds'
average aggregate daily net assets in excess of $2 billion. Such fee as is
attributable to the MidCap Index Fund shall be a separate charge to such Fund
and shall be the obligation of the MidCap Index Fund.
3. MISCELLANEOUS. Except to the extent supplemented hereby, the Co-
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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:
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(Authorized Officer)
FIRSTAR MUTUAL FUND SERVICES, LLC
By:
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(Authorized Officer)
X.X. XXXXXXX AND COMPANY
By:
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(Authorized Officer)
