AMENDMENT TO DOMESTIC CUSTODY AGREEMENT AND GLOBAL CUSTODY RIDER
AMENDMENT TO DOMESTIC CUSTODY AGREEMENT
AND GLOBAL CUSTODY RIDER
This AMENDMENT, effective April 1, 2015, is to the DOMESTIC CUSTODY AGREEMENT, dated as of April 4, 2008 (as amended from time to time, the “Agreement”) and the GLOBAL CUSTODY RIDER TO THE AGREEMENT (as amended from time to time, the “Rider”), both by and between X.X. XXXXXX XXXXX BANK, NATIONAL ASSOCIATION (the “Bank”) and The VANTAGEPOINT FUNDS, on behalf of itself and each of the series listed on Appendix A thereto (each such fund a “Customer”).
WHEREAS, the Bank and the Customer desire to amend the Agreement and Rider as set forth below.
NOW, THEREFORE, in consideration of the promises and of the mutual covenants and agreements herein set forth, the parties hereto agree as follows:
1. | AMENDMENTS. |
(a) | Appendix A of the Agreement shall be replaced with the Appendix A attached to this Amendment. |
(b) | Following the expiration of the Agreement’s current term, the term of the Agreement shall be extended for an additional one (1) year term beginning April 1, 2015 and ending April 1, 2016. |
(c) | Schedule A – Fees of the Agreement shall be replaced with the Schedule A attached to this Amendment. New fees shall be in effect beginning April 1, 2015. Bank will guarantee to maintain fees for Customer at the rates set forth in Schedule A for a one year period beginning on April 1, 2015. Should Customer’s relationship with Bank materially change during this period, each party reserves the right in good faith to seek changes to the rates set forth in Schedule A, provided that any amendments to Schedule A’s fee schedule shall be agreed upon in writing and signed by both parties. |
2. | MISCELLANEOUS. |
(a) | Except as amended hereby, all other terms and conditions of the Agreement remain unchanged and the Agreement shall remain in full force and effect. |
(b) | Terms not defined in this Amendment shall have the meaning assigned to them in the Agreement. |
(c) | This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. |
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IN WITNESS WHEREOF, each party hereto has caused this Amendment to be executed by its duly authorized officer, as the case may be, as of the date and year first above written.
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
By: |
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Name: |
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Title: |
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By: |
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Xxxxxx Xxxxxx | ||
Secretary |
Approved by: |
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Name: |
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Title: |
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APPENDIX A
FUNDS (each a “Customer”)
Vantagepoint Aggressive Opportunities Fund | Vantagepoint Milestone Retirement Income Fund | |
Vantagepoint Discovery Fund | Vantagepoint Milestone 2010 Fund | |
Vantagepoint Diversifying Strategies Fund | Vantagepoint Milestone 2015 Fund | |
Vantagepoint Equity Income Fund | Vantagepoint Milestone 2020 Fund | |
Vantagepoint Growth Fund | Vantagepoint Milestone 2025 Fund | |
Vantagepoint Growth & Income Fund | Vantagepoint Milestone 2030 Fund | |
Vantagepoint High Yield Fund | Vantagepoint Milestone 2035 Fund | |
Vantagepoint Inflation Focused Fund | Vantagepoint Milestone 2040 Fund | |
Vantagepoint International Fund | Vantagepoint Milestone 2045 Fund | |
Vantagepoint Low Duration Bond Fund | Vantagepoint Milestone 2050 Fund | |
Vantagepoint Select Value Fund | Vantagepoint 500 Stock Index Fund | |
Vantagepoint Model Portfolio All-Equity Growth Fund | Vantagepoint Broad Market Index Fund | |
Vantagepoint Model Portfolio Conservative Growth Fund | Vantagepoint Core Bond Index Fund | |
Vantagepoint Model Portfolio Long-Term Growth Fund | Vantagepoint Mid/Small Company Index Fund | |
Vantagepoint Model Portfolio Traditional Growth Fund | Vantagepoint Overseas Equity Index Fund |
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SCHEDULE A
FEES
Custody | *All Fees in: US Dollars | |
Safekeeping and administration charges are applied to the market value of assets held at the end of the billing period. Transaction charges are applied to all securities transactions (including receives/delivers versus payment and free receives/delivers), effected during the billing period. Transaction prices below presume that X.X. Xxxxxx receives valid instructions in an electronic format that enables straight-through processing (STP), when applicable; trade instructions that require manual input or repair will incur a surcharge. |
Country of Settlement |
Safekeeping & Administration | Transactions (Buys/Sells, Receive/Deliver Free) |
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Basis Point Fee | Fee per STP Transaction | |||||||
Argentina |
15.00 | 45.00 | ||||||
Australia |
1.00 | 15.00 | ||||||
Austria |
2.00 | 25.00 | ||||||
Bahrain |
35.00 | 75.00 | ||||||
Belgium |
2.00 | 25.00 | ||||||
Bermuda |
45.00 | 20.00 | ||||||
Brazil |
8.00 | 45.00 | ||||||
Canada |
1.00 | 20.00 | ||||||
Chile |
15.00 | 45.00 | ||||||
China |
15.00 | 45.00 | ||||||
Colombia |
30.00 | 65.00 | ||||||
Cyprus |
15.00 | 45.00 | ||||||
Czech Republic |
15.00 | 45.00 | ||||||
Denmark |
1.00 | 20.00 | ||||||
Egypt |
15.00 | 45.00 | ||||||
Euroclear |
1.00 | 20.00 | ||||||
Finland |
1.00 | 20.00 | ||||||
France |
1.00 | 15.00 | ||||||
Germany |
1.00 | 15.00 | ||||||
Greece |
6.00 | 45.00 | ||||||
Hong Kong |
1.50 | 20.00 | ||||||
Hungary |
15.00 | 45.00 | ||||||
Iceland |
20.00 | 45.00 | ||||||
India |
8.00 | 35.00 | ||||||
Indonesia |
8.00 | 35.00 | ||||||
Ireland |
2.00 | 25.00 | ||||||
Israel |
15.00 | 45.00 | ||||||
Italy |
2.00 | 25.00 |
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Country of Settlement |
Safekeeping & Administration | Transactions (BuysSells, Receive/Deliver Free) |
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Basis Point Fee | Fee per STP Transaction | |||||||
Japan |
0.85 | 10.00 | ||||||
Jordan |
30.00 | 75.00 | ||||||
Korea |
6.00 | 35.00 | ||||||
Latvia |
20.00 | 45.00 | ||||||
Luxembourg |
4.00 | 50.00 | ||||||
Malaysia |
5.00 | 35.00 | ||||||
Malta |
20.00 | 45.00 | ||||||
Mauritius |
35.00 | 80.00 | ||||||
Mexico |
5.00 | 35.00 | ||||||
Netherlands |
1.00 | 20.00 | ||||||
New Zealand |
2.00 | 20.00 | ||||||
Norway |
1.00 | 20.00 | ||||||
Oman |
30.00 | 80.00 | ||||||
Pakistan |
25.00 | 75.00 | ||||||
Peru |
25.00 | 55.00 | ||||||
Philippines |
8.00 | 35.00 | ||||||
Poland |
15.00 | 45.00 | ||||||
Portugal |
2.00 | 20.00 | ||||||
Romania |
30.00 | 75.00 | ||||||
Russia |
15.00 | 45.00 | ||||||
Saudi Arabia |
20.00 | 80.00 | ||||||
Singapore |
4.00 | 30.00 | ||||||
Xxxxxx Xxxxxxxx |
00.00 | 00.00 | ||||||
Xxxxxxxx |
20.00 | 50.00 | ||||||
South Africa |
5.00 | 35.00 | ||||||
Spain |
1.00 | 20.00 | ||||||
Sri Lanka |
20.00 | 45.00 | ||||||
Sweden |
1.00 | 20.00 | ||||||
Switzerland |
1.00 | 20.00 | ||||||
Taiwan |
10.00 | 45.00 | ||||||
Thailand |
6.00 | 35.00 | ||||||
Turkey |
8.00 | 35.00 | ||||||
Ukraine |
35.00 | 80.00 | ||||||
United Arab Emirates |
30.00 | 80.00 | ||||||
United Kingdom |
0.75 | 10.00 | ||||||
United States |
0.12 | Waived | ||||||
Venezuela |
25.00 | 75.00 |
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U.S. Transaction Fees |
Fee per Transaction | |||
Transactions - DTC |
Waived | |||
Transactions - FBE |
Waived | |||
Transactions - Physical/Private Placement |
15.00 | |||
Futures/Options |
Waived |
U.S. Asset Servicing Transaction Fees |
Fee per Transaction | |||
Redemption - Book Entry |
Waived | |||
Redemption - Physical/Private Placement |
15.00 | |||
Called Bonds |
Waived |
Other Transaction Fees |
Fee per Transaction | |||
Checks |
Waived | |||
Wires |
5.00 | |||
Interaccount Transfer (Cash and Securities, per side) |
Waived | |||
Memo Posting * |
Waived | |||
Time Deposits |
At Market Rate | |||
Cancelled Trade (in addition to transaction charge) |
At Market Rate | |||
Amendments (in addition to transaction charge) |
At Market Rate | |||
Manual Instruction Surcharge (in addition to transaction charge) ** |
25.00 | |||
Electronic Non-STP Surcharge (in addition to transaction charge) *** |
25.00 | |||
Manual Corporate Action Instruction |
25.00 | |||
Proxy (per vote per account) |
20.00 |
* | Memos: This fee is generated when assets that are not custodied or controlled by X.X. Xxxxxx are posted to the client’s custody account. The fee includes memos that are posted for repo transactions. Other examples may include non-securitized assets that are requested by the client to be posted as an asset to the custody record, such as fund of fund positions, derivatives, bank loans or time deposits. |
** | Manual Instruction Surcharge: This fee will be generated in addition to standard transaction charges for all faxed instructions sent to X.X. Xxxxxx. |
*** | Electronic Non-STP Surcharge: This fee will be generated in addition to standard transaction charges for all instructions sent to X.X. Xxxxxx that failed STP due to client instruction error. |
Class Action Filing Service (Note: Optional Service - Separate agreement is required for the implementation of the service)
Service Fees |
Fee per Transaction | |||
Class Actions (per filing per account) |
$ | 500.00 |
J.P, Xxxxxx offers a separate value adding service for filing on settled class actions. This service covers settled class actions in United States, Canada and Netherlands. A settled class action is defined as a class action settlement that has been settled and approved by the court or regulator where a participant does not have to ‘opt-in’ prior to the law suit reaching settlement
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