FOURTH AMENDMENT TO THE FUND ACCOUNTING SERVICING AGREEMENT
FOURTH AMENDMENT TO THE
THIS FOURTH AMENDMENT effective as of July 1, 2012, to the Fund Accounting Servicing Agreement, dated as of August 15, 2005, as amended August 12, 2008, August 31, 2010 and March 1, 2012 (the "Agreement"), is entered into by and among Xxxxxx X. Xxxxx & Co. Incorporated, a Wisconsin corporation (the "Advisor"), Baird Funds, Inc., a Wisconsin corporation (the “Company”) and U.S. Bancorp Fund Services, LLC, a Wisconsin limited liability company ("USBFS").
RECITALS
WHEREAS, the parties have entered into an Agreement; and
WHEREAS, the parties desire to amend the fees of the Agreement and the length of the Agreement; and
WHEREAS, Section 15 of the Agreement allows for its amendment by a written instrument executed by the parties.
NOW, THEREFORE, the parties agree as follows:
Amended Exhibit B of the Agreement is hereby superseded and replaced with Amended Exhibit A attached hereto.
Section 15. Term of Agreement; Amendment is hereby superseded and replaced with the following:
15. Term of Agreement; Amendment
This Agreement shall become effective as of July 1, 2012 and will continue in effect for a period of three years. Subsequent to the initial three-year term, this Agreement may be terminated by either party upon giving 90 days prior written notice to the other party or such shorter period as is mutually agreed upon by the parties. Notwithstanding the foregoing, this Agreement may be terminated by the Company at any time upon giving 90 days prior written notice to USBFS, or by any party upon the breach of the other party of any material term of this Agreement if such breach is not cured within 15 days of notice of such breach to the breaching party. This Agreement may not be amended or modified in any manner except by written agreement executed by USBFS, the Advisor and the Company, and authorized or approved by the Board.
Except to the extent amended hereby, the Agreement shall remain in full force and effect.
1
IN WITNESS WHEREOF, the parties hereto have caused this Fourth Amendment to be executed by a duly authorized officer on one or more counterparts as of the date and year first written above.
BAIRD FUNDS, INC. U.S. BANCORP FUND SERVICES, LLC
By: ______________________________ By: ________________________________
Name: Xxxx Xxxxx Xxxxxx Name: Xxxxxxx X. XxXxx
Title: President Title: Executive Vice President
XXXXXX X. XXXXX & CO. INCORPORATED
By: ________________________________
Name: Xxxxxxx X. Xxxxx
Title: Managing Director
2
