EXHIBIT 23(D)(VIII) UNDER FORM N-1A
EXHIBIT 10 UNDER ITEM 601/REG. S-K
INVESTMENT ADVISORY CONTRACT
LETTER AGREEMENT
Huntington Asset Advisors, Inc.
00 Xxxxx Xxxx Xxxxxx
Xxxxxxxx, XX 00000
February 27, 2007
The Huntington Funds
00 Xxxxx Xxxx Xxxxxx
Xxxxxxxx, XX 00000
Dear Sirs:
Under the Investment Advisory Contract between Huntington Asset Advisors,
Inc. (the "Adviser") and The Huntington Funds (the "Trust"), dated June 23,
2006, the Adviser agrees to contractually waive all or a portion of its
investment advisory fee (based on average daily net assets) to which it is
otherwise entitled to receive from the Funds listed below and/or to reimburse
certain operating expenses of the Funds in order to limit each Fund's total
direct operating expenses (i.e. exclusive in indirect underlying fund operating
expenses) to not more than 1.00% of the Fund's average daily net assets, for the
period starting May 1, 2007 through April 30, 2008.
Xxxxxxxxxx VA Dividend Capture Fund Huntington VA Mid Corp America Fund
Huntington VA Growth Fund Huntington VA Mortgage Securities Fund
Huntington VA Income Equity Fund Huntington VA New Economy Fund
Huntington VA International Equity Fund Huntington VA Rotating Markets Fund
Huntington VA Macro 100 Fund Huntington VA Situs Small Cap Fund
If the foregoing correctly sets forth the agreement between the Trust and
the Adviser, please so indicate by signing and returning to the Trust the
enclosed copy hereof. This may be executed in counterpart.
Very truly yours,
HUNTINGTON ASSET ADVISORS, INC.
By: /s/ X. Xxxxxxxx Xxxxxxx
Name: X. Xxxxxxxx Xxxxxxx
Title: President
ACCEPTED:
THE HUNTINGTON FUNDS
By: /s/ Xxxxxxxxxxx X. Xxxxxx
Name: Xxxxxxxxxxx X. Xxxxxx
Title: Treasurer
