Exhibit 9(k)
FORM OF
AMENDMENT TO ADMINISTRATION AGREEMENT
THIS AMENDMENT dated as of May 6, 1997 (the "Amendment") is made to the
Administration Agreement, dated as of the 1st day of May, 1995, (the
"Agreement") between THE MUNDER FUNDS TRUST (the "Company") and FIRST DATA
INVESTOR SERVICES GROUP, INC. ("FDISG") (then known as The Shareholder Services
Group, Inc.).
The Company and FDISG agree that the Agreement shall, as of the date
first written above, be amended as follows:
The Fee Schedule of the Agreement shall be deleted in its
entirety and the Fee Schedule attached hereto shall be substituted in
its place.
In all other respects, the Agreement shall remain in full force and
effect.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed by their duly authorized officers, as of the day and year first written
above.
THE MUNDER FUNDS TRUST
By: _____________________________
Title:_____________________________
FIRST DATA INVESTOR SERVICES GROUP, INC.
By: _____________________________
Title:_____________________________
FEE SCHEDULE FOR
ADMINISTRATION AND
FUND ACCOUNTING SERVICES
A. FEES FOR ADMINISTRATION SERVICES -- (Fund Administration and
Fund Accounting)
The following annual Fund Administration fees apply:
.12% of the first $2.8 billion of the average daily net
assets of the Companies (as defined below); and
.105% of the next $2.2 billion of the Companies' average
daily net assets; and
.10% of the Companies' average daily net assets over $5
billion.
"Companies" shall include The Munder Funds Trust, the
Liquidity Plus Money Market Fund of St. Clair
Funds, Inc., The Munder Funds, Inc. (other than the Munder
All-Season Maintenance Fund, All-Season
Accumulation Fund, All-Season Development Fund and Munder
Financial Services Fund) and The Munder
Framlington Funds Trust.
B. MINIMUM FEES
For Fund Administration Services, a minimum fee of $1.2 million per
annum will apply in the aggregate for all funds of the Companies.