Exhibit (h)(viii)
AMENDMENT
To Transfer Agency and Service Agreement
Between
Xxxxxxxxx Global Funds
and
State Street Bank and Trust Company
This Amendment is made as of this 30th day of September 2004, between Xxxxxxxxx
Global Funds and State Street Bank and Trust Company. In accordance with Section
15.1 (Amendment) and Section 16 (Additional Funds) of the Transfer Agency and
Service Agreement between Xxxxxxxxx Global Funds and State Street Bank and Trust
Company dated as of September 1, 2001, (the "Agreement") the parties desire to
amend the Agreement as set forth herein.
NOW THEREFORE, the parties agree as follows:
1. Schedule A. Schedule A attached to the Agreement is replaced and superseded
with the Schedule A attached hereto and dated September 30, 2004;
2. Schedule 3.1. Schedule 3.1 to the Agreement dated January 1, 2003 through
December 31, 2006 is replaced and superseded with Schedule 3.1 attached hereto
and dated September 30, 2004 through December 31, 2006;
3. All defined terms and definitions in the Agreement shall be the same in this
amendment (the "2004 Amendment") except as specifically revised by this 2004
Amendment;
4. Except as specifically set forth in this 2004 Amendment, all other terms and
conditions of the Agreement shall remain in full force and effect; and
5. Xxxxxxxxx Global Investors (North America) Inc. shall be responsible for
paying all fees on Schedule 3.1 that are associated with the Daily Assets Cash
Fund.
IN WITNESS WHEREOF, the parties hereto have caused this 2004 Amendment to be
executed in their names and on their behalf by and through their duly authorized
officers, as of the day and year first above written.
XXXXXXXXX GLOBAL FUNDS STATE STREET BANK AND TRUST COMPANY
BY: /s/ Xxxxx X. Xxxxxx BY: /s/ Xxxxxx X. Xxxxxx
--------------------- --------------------
Xxxxxx X. Xxxxxx
NAME: Xxxxx X. Xxxxxx Executive Vice President
-----------------
TITLE: Secretary
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SCHEDULE A*
Xxxxxxxxx International Opportunities Fund
Xxxxxxxxx European Focus Fund
Xxxxxxxxx Global Technology Fund
Henderson Income Advantage Fund
Henderson U.S. Core Growth Fund
* Services also provided with respect to Xxxxxxxxx Units of Daily Assets Cash
Fund (an unaffiliated money market fund), a separate series of Monarch Funds.
XXXXXXXXX GLOBAL FUNDS STATE STREET BANK AND TRUST COMPANY
BY: /s/ Xxxxx X. Xxxxxx BY: /s/ Xxxxxx X. Xxxxxx
--------------------- --------------------
Xxxxxx X. Xxxxxx
NAME: Xxxxx X. Xxxxxx Executive Vice President
-----------------
TITLE: Secretary
---------
SCHEDULE 3.1
FEES1
Effective September 30, 2004 Through December 31, 2006
Annual Account Service Fees*: Fees are billable on a monthly basis at the rate
of 1/12 of the annual fee. A charge is made for an account in the month that an
account opens or closes. Account service fees are the higher of: open account
charges plus closed account charges or the complex minimum. ALL FEES SUBJECT TO
AN ANNUAL COMPLEX MINIMUM OF $441,000.
Open Account Fee $ 16.53
Closed Account Fee $ 2.20
Base Fee 1-15 CUSIPS Included in Complex Fee
Each Additional CUSIP** over 15 $12,500.00/CUSIP
*The Annual Account Service Fees shall be subject to a 5% increase each
September 1st.
**Each Fund/Class is considered a separate CUSIP with the exception of the Daily
Assets Cash Fund (a separate series of Monarch Funds) that shall be considered a
single CUSIP.
Activity Based Fees
New Account Set-up $ 4.50/each
NSCC New Account Set-up $ 1.50/each
Manual Transactions $ 2.00/each
Telephone Calls $ 2.50/minute
Correspondence $ 5.00/each
ACH $ .50
XXX Custodial Fees
Annual Maintenance $ 13.00/Account
Other Fees
Annual Anti-Money Laundering Support Fee+/- $.15/Non-networked Account
+/-$200.00Minimum monthly charge
-------------------------------
1 In accordance with paragraph 5 of the 2004 Amendment, Xxxxxxxxx Global
Investors (North America) Inc. shall be responsible for paying all fees
associated with the Daily Assets Cash Fund.
2
SCHEDULE 3.1
FEES
Effective September 30, 2004 Through December 31, 2006
(continued)
Out-of-Pocket Expenses Billed as incurred
Out-of-Pocket expenses include but are not limited to: confirmation statements,
investor statements, postage, forms, audio response, banking, telephone, records
retention, customized programming/enhancements, federal wire, transcripts,
microfilm, microfiche, and expenses incurred at the specific direction of the
Fund.
XXXXXXXXX GLOBAL FUNDS STATE STREET BANK AND TRUST COMPANY
BY: /s/ Xxxxx X. Xxxxxx BY: /s/ Xxxxxx X. Xxxxxx
--------------------- --------------------
Xxxxxx X. Xxxxxx
NAME: Xxxxx X. Xxxxxx Executive Vice President
-----------------
TITLE: Secretary
---------
XXXXXXXXX GLOBAL INVESTORS
(NORTH AMERICA) INC.
BY: /s/ Xxxxx X. Xxxxxx
-------------------
NAME: Xxxxx X. Xxxxxx
-----------------
TITLE: Secretary
---------
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