November 18, 2009 Mr. Mark E. Swanson Treasurer Russell Investment Company
Exhibit (h)3.5
Money Market Fund
11/18/09 to 2/28/11
November 18, 2009
Xx. Xxxx X. Xxxxxxx
Treasurer
Xxxxxxx Investment Company
000 X Xxxxxx
Tacoma, WA 98402
| Re: | Xxxxxxx Investment Company Money Market Fund (the “Fund”) |
Dear Xx. Xxxxxxx:
Xxxxxxx Investment Management Company (“RIMCo”), as adviser to Xxxxxxx Investment Company (“RIC”), agrees to waive, until February 28, 2011, 0.15% of its 0.20% advisory fee for the Money Market Fund.
This agreement (1) supersedes any prior waiver or reimbursement arrangements, (2) may not be terminated during the relevant period except at the Board’s discretion and (3) may, at RIMCo’s option, continue after February 28, 2011, but may be revised or eliminated at any time thereafter without notice.
If this arrangement is acceptable to you, please sign below to indicate your acceptance and agreement and return a copy of this letter to me.
Sincerely,
| XXXXXXX INVESTMENT | ||
| By: | ||
| Xxxx X. Xxxxx President | ||
Accepted and Agreed:
| XXXXXXX INVESTMENT COMPANY | ||
| By: | ||
| Xxxx X. Xxxxxxx Treasurer | ||
Post-Merger TA Fee Waivers
November 17, 2009
Xx. Xxxx X. Xxxxxxx
Treasurer
Xxxxxxx Investment Company
000 X Xxxxxx
Tacoma, WA 98402
Dear Xx. Xxxxxxx:
Xxxxxxx Fund Services Company (“RFSC”), as transfer agent to Xxxxxxx Investment Company (“RIC”), agrees to waive, at least through February 28, 2011, a portion of its transfer agency fees for certain Classes of certain RIC Funds as set forth in the table below.
| Fund* and Class | Amount Waived | |||
| Xxxxxxx Money Market Fund – Class A |
0.01% | |||
| Xxxxxxx Money Market Fund – Class S |
0.12% |
This waiver (1) supersedes any prior transfer agency waiver arrangements, (2) may not be terminated during the relevant period except at the Board’s discretion and (3) may, at RFSC’s option, continue after February 28, 2011, but may be revised or eliminated at any time thereafter without notice.
If this arrangement is acceptable to you, please sign below to indicate your acceptance and agreement and return a copy of this letter to me.
Sincerely,
| XXXXXXX FUND | ||
| By: | ||
| Xxxx X. Xxxxx President | ||
Accepted and Agreed:
| XXXXXXX INVESTMENT COMPANY | ||
| By: | ||
| Xxxx X. Xxxxxxx Treasurer | ||
