ROCHDALE INVESTMENT TRUST AMENDMENT TO THE CUSTODY AGREEMENT
AMENDMENT
TO THE CUSTODY AGREEMENT
THIS
AMENDMENT
dated as
of this 12th
day of
June, 2006, to the Custody Agreement, dated as of the 10th day of December,
2004
(the "Agreement"), is entered by and between Rochdale
Investment Trust, a
Delaware statutory trust (the “Trust”) and U.S.
Bank, N.A.,
a
national banking association (the "Custodian").
RECITALS
WHEREAS,
the
parties have entered into a Custody Agreement; and
WHEREAS,
the
Trust and the Custodian desire to amend said Agreement; and
WHEREAS,
Article
XIV, Section 14.4 of the Agreement allows for its amendment by a written
instrument executed by both parties.
NOW,
THEREFORE,
the
parties agree as follows:
Appendix
B, the fee schedule of the Agreement, is hereby superseded and replaced with
the
Appendix B fee schedule attached hereto.
Except
to
the extent amended hereby, the Agreement shall remain in full force and
effect.
IN
WITNESS WHEREOF,
the
parties hereto have caused this Amendment to be executed by a duly authorized
officer on one or more counterparts as of the date and year first written
above.
ROCHDALE
INVESTMENT TRUST
U.S.
BANK, N.A.
By:
/s/
Xxxx
Xxxxxxxxxxx
By:
/s/
Xxxxxxx XxXxx
Printed
Name: Xxxx
Xxxxxxxxxxx
Printed
Name: Xxxxxxx
XxXxx
Title:CCO
Title:
Vice
President
0
Xxxxxxxx
X to the Rochdale Investment Trust
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CUSTODY
SERVICES FEE SCHEDULE at May 2006
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DOMESTIC
FUNDS
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Custody
and transaction services will be fully bundled at a
combined rate of two basis points (2 bps) of NAV, calculated and
charged
on the calendar month.
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Minimum
Fee
$3,500.00
per
fund/per annum
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GLOBAL
FUNDS
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1.
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Custody and transaction services will be fully bundled at a combined rate of thirteen basis points (13 bps) of NAV, calculated and charged on the calendar month. |
| This rate shall apply to assets in the following markets: | |
| Australia | France | México | Sri Lanka | |
| Austria | Germany | Netherlads | Sweden | |
| Belgium | Hong Kong | Norway | Switzerland | |
| Canada | Indonesia | Philippies | Taiwan | |
| CEDEL | Ireland | Portugal | Thailand | |
| Denmark | Italy | Singapore | United Kingdom | |
| EuroClear | Japan | South Africa | U.S.A | |
| Finland | Malaysia | Spain | ||
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2.
|
Custody and transaction services in emerging markets shall be unbundled and determined on a market-specific basis. Charges for certain emerging markets are: |
| Market | Custody Rate / Mkt. Value | Transaction Charge | ||
| Argentina | 40 basis points | $100.00 | |
| Brazil | 40 basis points | $100.00 | |
| Chile | 40 basis points | $100.00 | |
| China | 40 basis points | $ 50.00 | |
| Czech Republic | 40 basis points | $100.00 | |
| Greece | 50 basis points | $125.00 | |
| India | 40 basis points | $200.00 | |
| Israel | 30 basis points | $100.00 | |
| Russian Federation | 50 basis points | $100.00 |
| The above referenced markets may be subject to additional out-of-pocket expenses. | |
| Third Party FX $35.00 | Federal Reserve System wires $10.00 | |
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Fees
are billed monthly.
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*Subject
to CPI increase, Milwaukee MSA.
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CHIEF
COMPLIANCE OFFICER
SUPPORT
SERVICES
FEE
SCHEDULE
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Chief
Compliance Officer Support Services
U.S,
Bancorp provides support to the Chief Compliance Officer (CCO)
of each
fund serviced either by U.S. Bancorp Fund Services, LLC or Quasar
Distributors, LLC. Indicated below are samples of functions performed
by
USBFS in this CCO support role:
• Business
Line Functions Supported
• Fund
Administration and Compliance
• Transfer
Agent and Shareholder Services
• Fund
Accounting
• Custody
Services
• Securities
Lending Services
• Distribution
Services
• Daily
Resource to Fund CCO, Fund Board, Advisor
• Provide
USBFS/USB Critical Procedures & Compliance
Controls
• Daily
and Periodic Reporting
• Periodic
CCO Conference Calls
• Dissemination
of Industry/Regulatory Information
• Client
& Business Line CCO Education & Training
• Due
Diligence Review of USBFS Service Facilities
• Quarterly
USBFS Certification
• Board
Meeting Presentation and Board Support
• Testing,
Documentation, Reporting
Annual
Fee Schedule*
· $1,200
per service per year (effective February 1, 2006)
Fees
are billed monthly.
*Subject
to annual CPI increase, Milwaukee
MSA.
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