ROCHDALE INVESTMENT TRUST AMENDMENT TO THE TRANSFER AGENT SERVICING AGREEMENT
AMENDMENT
TO THE TRANSFER AGENT SERVICING AGREEMENT
THIS AMENDMENT dated as of this 20th day of
May, 2009, to the Transfer Agent Servicing Agreement, dated as of August 13,
2001, as amended (the "Agreement"), is entered into by and between Rochdale Investment Trust, a
Delaware statutory trust (the “Trust”) 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 Trust and USBFS desire to amend the fees of the Agreement; and
WHEREAS,
Section 6 of the Agreement allows for its amendment by a written instrument
executed by both parties.
NOW, THEREFORE, the parties agree as
follows:
The fee
schedule of the Agreement is hereby superseded and replaced with the fee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.
|
U.S.
BANCORP FUND SERVICES, LLC
|
|
|
By:
_____________________________
|
By:
________________________________
|
|
Printed
Name:______________________
|
Printed
Name: Xxxxxxx X. XxXxx
|
|
Title: ____________________________
|
Title:
Executive Vice President
|
1
Fee
Schedule for Rochdale Investment Trust
Transfer
Agent and Service Agreement
|
TRANSFER
AGENCY SERVICES
FEE
SCHEDULE at May, 2009
|
|
US
Bancorp Fund Services, LLC will charge an account-based fee, which is
greater of:
1) $833.33 per month
per class of shares
Or
2) Based
on the total number of open accounts at the following annual
rates:
Equity
Fund $10 per
account
Fixed Income
Fund
$12 per
account
US
Bancorp Fund Services, LLC will waive its normal
asset-based fee, which would be in addition to the account-based fee and
would be at the annual rate of 0.01% (i.e. one basis point) of total net
assets measured at the end of each month (not an average of total net
assets).
There
are no additional fees for opening new accounts, answering telephone
calls, or providing other customary transfer agency services.
Out-Of-Pocket
Expenses
The
following expenses will be charged to the Fund as incurred by US Bancorp
Fund Services, LLC in connection with the performance of its
duties: Telephone toll charges, facsimile transmissions,
postage, bulk copy runs, courier charges, and Disaster Recovery -- $0.20 per open
account (Effective February 1, 2006).
401(k) Daily Valuation Trades
(Effective February 1, 2006)
$10.00 per
trade
Omnibus Account Transactions
(Effective February 1, 2006)
$3.00 each –
first 100 transactions
$2.00 each – next
400 transactions
$1.00 each – next
1,500 transactions
$0.50 each – next
3,000 transactions
$0.25 each –
balance of transactions
CCO
Support Services
CCO
Support Services - $2,000 per
year
Conversion
Costs
Conversion
costs will be waived.
|
2
|
TRANSFER
AGENCY SERVICES FEE SCHEDULE – Rochdale Investment Trust
(Continued)
Special
Reports
All
reports and/or analyses requested by the Fund’s auditors, legal counsel,
Advisor, or any regulatory agency having jurisdiction over the Fund, that
are not in the normal course of administrative or transfer agency
activities as specified in this Agreement or are not required to clarify
standard reports generated by US Bancorp Fund Services, LLC, shall be
subject to an additional charge, agreed upon in advance and in writing,
based upon the following rates:
Labor:
Senior
Staff $100.00/hr.
Junior
Staff $ 50.00/hr.
Computer
time $ 45.00/hr.
Custom
Programming
All
custom programming requests to be used by US Bancorp Fund Services, LLC,
the Advisor or any regulatory agency, to be made to US Bancorp Fund
Services, LLC’s transfer agency system shall be subject to an additional
charge, agreed upon in advance and in writing.
Fees
are billed monthly.
*Subject
to CPI increase, Milwaukee MSA.
|
|
CHIEF
COMPLIANCE OFFICER-SUPPORT SERVICES
FEE
SCHEDULE at May, 2009
|
|
|
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*
· $2,000 per
service per year
Fees
are billed monthly.
*Subject
to annual CPI increase, Milwaukee
MSA.
|
3
