AMENDMENT TO THE PROFESSIONALLY MANAGED PORTFOLIOS TRANSFER AGENT SERVICING AGREEMENT
AMENDMENT TO THE
THIS AMENDMENT dated as of the 15th day of May, 2013, to the Transfer Agent Servicing Agreement, dated as of June 22, 2006, as amended, (the “Transfer Agent Agreement”), is entered into by and between Professionally Managed Portfolios, a Massachusetts business trust (the “Trust”), on behalf of its separate series, the Xxxxxxx Funds and U.S. Bancorp Fund Services, LLC, a Wisconsin limited liability company (“USBFS”).
RECITALS
WHEREAS, the parties have entered into a Transfer Agent Agreement; and
WHEREAS, the parties desire to amend a series of the Trust to add the Xxxxxxx Equity Fund and amend the fees; and
WHEREAS, Section 12 of the Transfer Agent Agreement allows for its amendment by a written instrument executed by both parties.
NOW, THEREFORE, the parties agree as follows:
Exhibit P to the Transfer Agent Agreement is hereby superseded and replaced with Amended Exhibit P attached hereto.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.
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U.S. BANCORP FUND SERVICES, LLC
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By: /s/ Xxxxxx X. Xxxxxxxx
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By: /s/ Xxxxxxx X. XxXxx
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Name: Xxxxxx X. Xxxxxxxx
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Name: Xxxxxxx X. XxXxx
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Title: President
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Title: Executive Vice President
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Amended Exhibit P to the PMP Transfer Agent Servicing Agreement
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Name of Series
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Date Added
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Xxxxxxx Balanced Fund
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Xxxxxxx Equity Fund
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On or after May 31, 2013
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TRANSFER AGENT & SHAREHOLDER SERVICES ANNUAL
FEE SCHEDULE at May, 2013
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Service Charges to the Fund*
Shareholder Account Fee (Subject to Minimum)
¨ No-Load - $[ ] /account
¨ Closed Accounts – $[ ] /account
Annual Minimum :
¨ $[ ] per no-load fund
Activity Charges
¨ Telephone Calls - $[ ] /call
¨ E-mail Services
o $[ ] /month administration
o $[ ] /e-mail received
¨ Draft Check Processing - $[ ] /draft
¨ Daily Valuation Trades - $[ ] /trade
¨ Lost Shareholder Search - $[ ] /search
¨ AML New Account Service - $[ ]/new domestic accounts and $[ ]/new foreign account
¨ ACH/EFT Shareholder Services:
$[ ] /month/fund group
$[ ] /ACH item, setup, change
$[ ] /correction, reversal
Out-of-pocket Costs - Including but not limited to:
¨ Telephone toll-free lines, call transfers, etc.
¨ Mailing, sorting and postage
¨ Stationery, envelopes
¨ Programming, special reports
¨ Insurance, record retention, microfilm/fiche
¨ Proxies, proxy services
¨ NSCC processing charges
¨ All other out-of-pocket expenses
Fees are billed monthly.
*Subject to CPI increase, Milwaukee MSA.
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Service Charges to Investors/Shareholders
Qualified Plan Fees (Billed to Investors)
¨ $[ ] /qualified plan acct (Cap at $[ ]/SSN)
¨ $[ ] /Xxxxxxxxx ESA acct (Cap at $[ ]/SSN)
¨ $[ ] /transfer to successor trustee
¨ $[ ] /participant distribution (Excluding SWPs)
¨ $[ ] /refund of excess contribution
Additional Shareholder Fees (Billed to Investors)
¨ $[ ] /outgoing wire transfer
¨ $[ ] /overnight delivery
¨ $[ ] /telephone exchange
¨ $[ ] /return check or ACH
¨ $[ ] /stop payment
¨ $[ ] /research request (Cap at $[ ]/request)
(For requested items of the second calendar year [or previous] to the request)
Technology Charges
1. Fund Group Setup (first cusip) - $[ ] /fund group
2. Fund Setup - $[ ] /cusip (beyond first cusip)
3. NSCC Service Interface – All NSCC Services
¨ Setup - $[ ] /fund group
¨ Annual - $[ ] /cusip/year
4. Telecommunications and Voice Services
¨ Service Setup - $[ ] ATT transfer connect
¨ VRU Setup - $[ ] /fund group
¨ VRU Maintenance - $[ ] /cusip/month
¨ $[ ] /voice response call
¨ $[ ] /voice recognition call
5.Asset Allocation Services - $[ ] /account group/year ([ ] reallocations)
6.12b-1 Aging - $[ ] /account/year
7.Cost Basis Reporting – $[ ] /account/year
8.Development/Programming – $[ ] /hour
9.File Transmissions – subject to requirements
10.Selects – $[ ] per select
11.ReportSource – No Charge for first ID; $[ ] /month/add’l ID
12.Extraordinary services – charged as incurred
¨ Custom processing, re-processing
¨ All other extraordinary services
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Advisor’s Signature below acknowledges approval of the fee schedule on this Amended Exhibit P.
ST. XXXXX X. XXXXXXX & CO., LLC
Name: /s/ Xxxxxx X. Xxxxx
Title: ________________________________
Date:___________________________
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