COLUMBIA GREATER CHINA FUND
MANAGEMENT AGREEMENT
AGREEMENT dated as of the 27th day of March, 2006 between COLUMBIA FUNDS SERIES
TRUST I, a Massachusetts business trust (the "Trust"), on behalf of its COLUMBIA
GREATER CHINA FUND series (the "Fund"), and COLUMBIA MANAGEMENT ADVISORS, LLC
(the "Advisor").
In consideration of the promises and covenants herein, the parties agree as
follows:
1. The Advisor will manage the investment of the assets of the Fund in
accordance with its prospectus and statement of additional information and will
perform the other services herein set forth, subject to the supervision of the
Board of Trustees of the Trust. The Advisor may delegate its investment
responsibilities to a sub-advisor.
2. In carrying out its investment management obligations, the Advisor shall:
(a) evaluate such economic, statistical and financial information and undertake
such investment research as it shall believe advisable; (b) purchase and sell
securities and other investments for the Fund in accordance with the procedures
described in its prospectus and statement of additional information; and (c)
report results to the Board of Trustees of the Trust.
3. The Advisor shall be free to render similar services to others so long as its
services hereunder are not impaired thereby.
4. The Fund shall pay the Advisor monthly a fee at the annual rate as shown in
the table below (shown in $MM):
$ 0.0 to $ 500.0 0.950%
$ 500.0 to $1,000.0 0.950%
$1,000.0 to $1,500.0 0.870%
$1,500.0 to $3,000.0 0.820%
$3,000.0 to $6,000.0 0.770%
>$6,000.0 0.720%
5. If the operating expenses of the Fund for any fiscal year exceed the most
restrictive applicable expense limitation for any state in which shares are
sold, the Advisor's fee shall be reduced by the excess but not to less than
zero. Operating expenses shall not include brokerage, interest, taxes, deferred
organization expenses, Rule 12b-1 distribution fees, service fees and
extraordinary expenses, if any. The Advisor may waive its compensation (and bear
expenses of the Fund) to the extent that expenses of the Fund exceed any expense
limitation the Advisor declares to be effective.
6. This Agreement shall become effective as of the date of its execution, and
(a) unless otherwise terminated, shall continue from year to year thereafter so
long as approved annually in accordance with the 1940 Act; (b) may be terminated
without penalty on sixty days' written notice to the Advisor either by vote of
the Board of Trustees of the Trust or by vote of a majority of the outstanding
shares of the Fund; (c) shall automatically
terminate in the event of its assignment; and (d) may be terminated without
penalty by the Advisor on sixty days' written notice to the Trust.
7. This Agreement may be amended in accordance with the 1940 Act.
8. For the purpose of the Agreement, the terms "vote of a majority of the
outstanding shares", "affiliated person" and "assignment" shall have their
respective meanings defined in the 1940 Act and exemptions and interpretations
issued by the Securities and Exchange Commission under the 1940 Act.
9. In the absence of willful misfeasance, bad faith or gross negligence on the
part of the Advisor, or reckless disregard of its obligations and duties
hereunder, the Advisor shall not be subject to any liability to the Trust or the
Fund, to any shareholder of the Trust or the Fund or to any other person, firm
or organization, for any act or omission in the course of, or connected with,
rendering services hereunder.
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IN WITNESS WHEREOF the parties have caused this Agreement to be executed as
of the day and year first written above.
COLUMBIA FUNDS SERIES TRUST I
on behalf of COLUMBIA GREATER CHINA FUND
By: /s/ Xxxxxxxxxxx X. Xxxxxx
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Name: Xxxxxxxxxxx X. Xxxxxx
Title: President
COLUMBIA MANAGEMENT ADVISORS, LLC
By: /s/ Xxxxx Xxxxxx
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Name: Xxxxx Xxxxxx
Title: Managing Director
A copy of the document establishing the Trust is filed with the Secretary of The
Commonwealth of Massachusetts. This Agreement is executed by officers not as
individuals and is not binding upon any of the Trustees, officers or
shareholders of the Trust individually but only upon the assets of the Fund.
