ADMINISTRATIVE and ACCOUNTING SERVICES AGREEMENT ADDENDUM
ADMINISTRATIVE and ACCOUNTING SERVICES AGREEMENT ADDENDUM
ADDENDUM, effective commencing on June 1, 2011 between Integrity Fund Services, LLC ("Fund Services") and Integrity Managed Portfolios (each a "Fund" or collectively, the "Funds").
In consideration of the action taken by the Board of Trustees of the Fund at its May 6, 2011 meeting, the Administrative and Accounting Services Agreements between the Fund and Fund Services are hereby amended to combine fee schedules for such services and replace the current fee schedules. Now, therefore, Schedule A of the Administrative Services Agreement and the fees set forth in paragraph two of the Accounting Services Agreement have been replaced with the following revised fee schedule:
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Accounting & |
Percentage |
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$0 |
TO |
$200,000,000 |
0.140% |
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200,000,001 |
TO |
700,000,000 |
0.130% |
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700,000,001 |
TO |
1,200,000,000 |
0.120% |
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1,200,000,001 |
and Larger |
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0.110% |
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Monthly Base Fee $2,000 per month |
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1 Additional Share Class Base Fee ($1,000/mo.) |
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IN WITNESS WHEREOF, the parties hereto have caused this instrument to be executed by their officers designated below as of June 1, 2011.
By: /s/ Xxxxxxx X. Xxxxx
President
INTEGRITY FUND SERVICES, LLC
By: /s/ Xxxxxxx X. Xxxxx
President
