Exhibit (h)(xxxi) under Form N-1A
Exhibit 10 under Item 601/Reg. S-K
June 1, 2007
Board of Trustees
MTB Group of Funds
0000 Xxxxxxxxx Xxxxx
Xxxxxxxxxx, XX 00000-0000
Re: Administrative Services Agreements
Ladies and Gentlemen:
Reference is xxxxxx made to Article 17 of the Agreement for Administrative
Services [and Transfer Agency Services] between MTB Group of Funds (the "Funds")
and Federated Services Company, and Article 12 of the Agreement for
Administrative Services between the Funds and M&T Securities, Inc., each dated
November 1, 2000, as amended. These provisions state that unless written notice
of termination is provided by either party at least 120 days prior to September
30, 2007, each agreement automatically renews for an additional one-year term.
There are no regularly scheduled board meetings prior to the deadline for such
notice of June 2, 2007.
Both M&T Securities, Inc. and Federated Services Company are desirous of
continuing to provide co-administrative services to the Funds beyond September
30, 2007. However, the co-administrative arrangements for provision of
administrative services to the Funds post-September 30, 2007 remain under
discussion. Accordingly, Federated Services Company, M&T Securities, Inc. and
the Funds agree that: (i) the 120-day notice requirement applicable to the
September 30, 2007 termination date of the respective agreements is waived; (ii)
each agreement shall continue in effect through November 30, 2007 (October 31,
2007 in the event the conversion of transfer agency services from Boston
Financial Services, Inc. to a new service provider occurs prior to October 31,
2007); and (iii) thereafter, each agreement will continue in effect through
November 30, 2008, unless one party receives written notice of termination from
the other party prior to August 2, 2007.
If the foregoing is agreeable to you, please so indicate by signing in the space
provided below. This letter agreement is effective from the date set forth
above and constitutes an amendment to each of the agreements.
MTB Group of Funds Page 1
Sincerely,
M&T SECURITIES, INC. FEDERATED SERVICES COMPANY
By: /s/ Xxxxxxx X. Xxxxxxxx By: /s/ Xxxxxxx X. Xxxxx, Xx.
Name: Xxxxxxx X. Xxxxxxxx Name: Xxxxxxx X. Xxxxx, Xx.
Title: Sr. Vice President Title: Vice President
Acknowledged and Agreed:
MTB GROUP OF FUNDS
By: /s/ Xxxxxx X. Xxxxxx
Name: Xxxxxx X. Xxxxxx
Title: Vice President
MTB Group of Funds Page 2
Exhibit (h)(xxxii) under Form N-1A
Exhibit 10 under Item 601/Reg. S-K
MTB
Group of Funds
August 1, 2007
Federated Services Company
Federated Investors Tower
Pittsburgh, Pennsylvania 15222-3779
Attn.: Secretary
Re: Agreement for Administrative Services
Ladies and Gentlemen:
Reference is xxxxxx made to Article 17 of the Agreement for
Administrative Services, dated November 1, 2000, as amended (the "Agreement"),
including by that certain letter agreement dated June 1, 2007, between MTB Group
of Funds (the "Funds") and Federated Services Company ("Federated").
The Funds hereby notify Federated that the Agreement will terminate at
the close of business on Friday, November 30, 2007.
Please contact the undersigned with any questions concerning this notice.
Sincerely,
MTB GROUP OF FUNDS
By: /s/ Xxxx X. Xxxxxxxx
Xxxx X. Xxxxxxxx
Vice President
MTB Group of Funds Page 3
