Exhibit (h)(v) under Form N-1A
Exhibit 10 under Item 601/Reg. S-K
Amendment #2 (dated December 31, 1998) to
SCHEDULE A
TO
ADMINISTRATIVE SERVICES AGREEMENT
The Administrative Services Agreement dated November 11, 1996 between
Federated Administrative Services and FundManager Portfolios includes the
following portfolios (and any classes thereof) effective as of the date set
forth above:
Aggressive Growth Portfolio
Class A Shares (formerly Financial Adviser Class)
Class B Shares
Growth with Income Portfolio
Class A Shares (formerly Financial Adviser Class)
Class B Shares
Growth Portfolio
Class A Shares (formerly Financial Adviser Class)
Class B Shares
Bond Portfolio
Class A Shares (formerly Financial Adviser Class)
Managed Total Return Portfolio
Class A Shares (formerly Financial Adviser Class)
Class B Shares
International Portfolio
Class A Shares (formerly Financial Adviser Class)
Class B Shares
FUNDMANAGER PORTFOLIOS
By: /s/ Xxxx Xxxxxxx
Name: Xxxx Xxxxxxx
Title: President
FEDERATED ADMINISTRATIVE SERVICES
By: /s/ Xxxxxx X. Xxxxxxx
Name: Xxxxxx X. Xxxxxxx
Title: Vice President
Exhibit (h)(vi) under Form N-1A
Exhibit 10 under Item 601/Reg. S-K
ADDENDUM TO
ADMINISTRATIVE SERVICES AGREEMENT
This Addendum to the Administrative Services Agreement is made and
entered into as of December 15, 1998, by and between FundManager Portfolios (the
"Trust") and Federated Administrative Services ("FAS").
WHEREAS, the Trust and FAS entered into an Administrative Services
Agreement dated November 11, 1996 (the "Agreement"); and
WHEREAS, the Trust and FAS have agreed to amend the Agreement in certain
respects;
NOW THEREFORE, the parties intending to be legally bound agree as
follows:
1. Section 2, Services and Duties, is amended by adding the following
additional "Tax Services" as part of its Administrative Services:
(n) FAS will prepare all portfolio-related tax returns, and
perform the following excise, income and compliance-related
tax services:
(i) prepare and file federal income and excise, and state
and local tax reports;
(ii) actively monitor periodic income and asset tests;
(iii)review gain/loss activity for wash sales deferrals,
market discount reclass, and proper tax basis;
(iv) perform technical tax research relating to securities
new to the portfolios and ensure that tax accounting
policies and accounting systems are appropriate; and
(v) reply to income tax notices and inquiries from federal,
state and local taxing authorities.
2. Section 5, Compensation is amended by adding the
following paragraph:
FAS will provide the Tax Services at its cost, which is a
current rate of $3,000 per portfolio.
IN WITNESS WHEREOF, the parties hereto have caused this addendum to be
executed by their officers designated below as of the 15th day of December,
1998.
FUNDMANAGER PORTFOLIOS
By: /s/ Xxxx Xxxxxxx
Name: Xxxx Xxxxxxx
Title: President
FEDERATED ADMINISTRATIVE SERVICES
By: /s/ Xxxxxx X. Xxxxxxx
Name: Xxxxxx X. Xxxxxxx
Title: Vice President
