AMENDMENT TO THE ADVISORS SERIES TRUST FUND ACCOUNTING SERVICING AGREEMENT
AMENDMENT
TO THE
THIS
AMENDMENT dated as of the
20th
day of March,
2008, to the Fund Accounting Servicing Agreement, dated as of June 8, 2006,
as
amended (the "Fund Accounting Agreement"), is entered into by and between
Advisors Series Trust, a
Delaware statutory trust (the "Trust") on behalf of its separate series,
the PIA
BBB Bond Fund Managed Account Completion Shares Fund, the PIA MBS Bond Fund
Managed Account Completion Shares Fund, the PIA Short-Term Securities
Fund and the PIA Moderate Duration Bond Fund and U.S. Bancorp Fund Services,
LLC, a Wisconsin limited liability company ("USBFS").
RECITALS
WHEREAS,
the parties have
entered into a Fund Accounting Agreement; and
WHEREAS,
the parties desire to
amend the fees of the Fund Accounting Agreement; and
WHEREAS,
Section 10 of the
Agreement allows for its amendment by a written instrument executed by both
parties.
NOW,
THEREFORE, the parties
agree to amend the following:
Exhibit
K
is hereby superseded and replaced with Exhibit K attached hereto.
Except
to
the extent amended hereby, the Fund Accounting Agreement shall remain in
full
force and effect.
IN
WITNESS WHEREOF, the
parties hereto have caused this Amendment to be executed by a duly authorized
officer on one or more counterparts as of the date and year first written
above.
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U.S.
BANCORP FUND SERVICES,
LLC
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|
|
By:
/s/ Xxxxxxx X. Xxxx
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By:
/s/ Xxxxxxx X. XxXxx
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|
Name:
Xxxxxxx X. Xxxx
|
Name:
Xxxxxxx X. XxXxx
|
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Title: President
|
Title:
Executive Vice President
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1
Exhibit
K to the
| Name of Series | Date Added |
| PIA BBB Bond Fund Managed Account Completion Shares | 10/27/2004 |
| PIA MBS Bond Fund Managed Account Completion Shares | 02/28/2006 |
| PIA Short-Term Securities Fund | 10/27/2004 |
| PIA Moderate Duration Bond Fund | 10/27/2004 |
|
PIA
Funds BBB & MBS
Funds
FUND
ACCOUNTING
SERVICES
FEE
SCHEDULE - April 1, 2008
through March 31, 2009
|
|
Annual
Fund Accounting
Fee Per Fund*
Base
fee on the first $[__] million plus - $[__]
[__]
basis points on $[__] million to $[__] million
[__]
basis points on $[__] million to $[__] million
[__]
basis point on $[__] million and over
Advisor
Information
Source Web Portal
· $[__]
/fund/month
· $[__]
/fund/month for clients using an external administration
service
Plus
Out-Of-Pocket
Expenses– Including but not limited to pricing services, corporate
action services, fair value pricing services, factor services,
customized
reporting, and all other out-of-pocket expenses.
· Pricing
Services
· $[__] Domestic
and Canadian Equities
· $[__] Options
· $[__] Corp/Gov/Agency
Bonds
· $[__] CMO's
· $[__] International
Equities and Bonds
· $[__] Municipal
Bonds
· $[__] Money
Market Instruments
· $[__]
/Fund/Month - Mutual Fund Pricing
· $[__]/Foreign
Equity Security/Month for Corporate Action Service
· $[__]
/Month Manual Security Pricing (>10/day)
· Factor
Services (BondBuyer)
· $[__]
/CMO/Month
· $[__] /Mortgage
Backed/Month
· $[__]
/Month Minimum Per Fund Group
· Fair
Value Services (FT Interactive)
· $[__]
on the first 100 securities per day
· $[__]
on the balance of securities per day
Additional
Services– Above pricing is for standard
services. Available but not included above are the following
services – multiple class funds, master feeder products, international
income funds, funds with multiple advisors/sub-advisors.
Fees
are billed monthly.
*
Subject to annual CPI increase, Milwaukee
MSA.
|
Advisor’s
signature below
acknowledges approval of the fee schedule above.
PACIFIC
INCOME ADVISERS,
INC.
By:
/s/
Xxxx X.
Xxxxx
Printed
Name: Xxxx
X.
Xxxxx
Title:
COO Date:
3/20/2008
2
Exhibit
K (continued) to
the
|
PIA
Funds Short Term & Mod
Duration
FUND
ACCOUNTING
SERVICES
FEE
SCHEDULE - April 1, 2008
through March 31, 2009
|
|
Annual
Fund Accounting
Fee Per Fund*
Base
fee on the first $[___] million plus - $[___]
[___]
basis points on $[___] million to $[___] million
[___]
basis points on $[___] million to $[___] million
[___]
basis point on $[___] million and over
Advisor
Information
Source Web Portal
· $[___]
/fund/month
· $[___]
/fund/month for clients using an external administration
service
Plus
Out-Of-Pocket
Expenses– Including but not limited to pricing services, corporate
action services, fair value pricing services, factor services,
customized
reporting, and all other out-of-pocket expenses.
· Pricing
Services
· $[___] Domestic
and Canadian Equities
· $[___] Options
· $[___] Corp/Gov/Agency
Bonds
· $[___] CMO's
· $[___] International
Equities and Bonds
· $[___] Municipal
Bonds
· $[___] Money
Market Instruments
· $[___]
/Fund/Month - Mutual Fund Pricing
· $[___]/Foreign
Equity Security/Month for Corporate Action Service
· $[___]
/Month Manual Security Pricing (>10/day)
· Factor
Services (BondBuyer)
· $[___]
/CMO/Month
· $[___] /Mortgage
Backed/Month
· $[___]
/Month Minimum Per Fund Group
· Fair
Value Services (FT Interactive)
· $[___]
on the first [___] securities per day
· $[___]
on the balance of securities per day
Additional
Services– Above pricing is for standard
services. Available but not included above are the following
services – multiple class funds, master feeder products, international
income funds, funds with multiple advisors/sub-advisors.
Fees
are billed monthly.
*
Subject to annual CPI increase, Milwaukee
MSA.
|
Advisor’s
signature below
acknowledges approval of the fee schedule above.
PACIFIC
INCOME ADVISERS,
INC.
By:
/s/
Xxxx X.
Xxxxx
Printed
Name: Xxxx X.
Xxxxx
Title:
COO Date:
3/20/2008
3
