Exhibit (5)(i)
ADDENDUM NO. 4 TO THE INVESTMENT ADVISORY AGREEMENT
This Addendum, dated as of the 1st day of August, 1995, is
entered into between PORTICO FUNDS, INC. (the "Company"), a
Wisconsin corporation, and Firstar Investment Research and
Management Company (the "Investment Adviser").
WHEREAS, the Company and the Investment Adviser have entered
into an Investment Advisory Agreement dated as of March 27, 1992
(the "Advisory Agreement"), pursuant to which the Company
appointed the Investment Adviser to act as investment adviser to
the Company for its Balanced Fund;
WHEREAS, Section 1(b) of the Advisory Agreement provides
that in the event the Company establishes one or more additional
investment portfolios with respect to which it desires to retain
the Investment Adviser to act as the investment adviser under the
Advisory Agreement, the Company shall so notify the Investment
Adviser in writing, and if the Investment Adviser is willing to
render such services it shall notify the Company in writing, and
the compensation to be paid to the Investment Adviser shall be
that which is agreed to in writing by the Company and the
Investment Adviser; and
WHEREAS, pursuant to Section 1(b) of the Advisory Agreement,
the Company has notified the Investment Adviser that it has
established the MicroCap Fund and that it desires to retain the
Investment Adviser to act as the investment adviser therefor, and
the Investment Adviser has notified the Company that it is
willing to serve as investment adviser for the MicroCap Fund (the
"Fund");
NOW THEREFORE, the parties hereto, intending to be legally
bound, hereby agree as follows:
1. Appointment. The Company hereby appoints the
Investment Adviser to act as investment adviser to the Company
for the MicroCap Fund for the period and the terms set forth
herein and in the Advisory Agreement. The Investment Adviser
hereby accepts such appointment and agrees to render the services
set forth herein and in the Advisory Agreement, for the
compensation herein provided.
2. Compensation. For the services provided and the
expenses assumed with respect to the MicroCap Fund pursuant to
the Advisory Agreement and this Addendum, the Company will pay
the Investment Adviser and the Investment Adviser will accept as
full compensation therefor (a) 4/10 of the gross income earned by
the Fund on the loan of its securities (excluding capital gains
and losses if any), plus (b) a fee, computed daily and paid
monthly, at the annual rate of 1.50% of the Fund's average daily
net assets.
3. Miscellaneous. Except to the extent supplemented
hereby, the Advisory Agreement shall remain unchanged and in full
force and effect and is hereby ratified and confirmed in all
respects as supplemented hereby.
IN WITNESS WHEREOF, the undersigned have executed this
Addendum as of the date and year first above written.
PORTICO FUNDS, INC.
By:/s/ Xxxx Xxxxx Xxxxxx
Title:Vice President
FIRSTAR INVESTMENT RESEARCH
AND MANAGEMENT COMPANY
By:/s/Xxxxxx Xxxxxxxxx
Title:Vice President
