AMENDMENT TO SHAREHOLDER SERVICING AGREEMENT

AMENDMENT TO

SHAREHOLDER SERVICING AGREEMENT

THIS AMENDMENT is made as of February 12, 2014, by and between JPMorgan Distribution Services, Inc., and the entities who are currently parties to the Shareholder Servicing Agreement in place for certain of the open-end investment companies in the X.X. Xxxxxx Funds (the “Agreement”).

WHEREAS, the parties hereto wish to amend the Agreement to add JPMorgan Trust III, as well as to update Schedule B.

NOW, THEREFORE, in consideration of the mutual premises and covenants herein set forth, the parties agree as follows:

1. Capitalized terms not otherwise defined herein shall have the same meaning as are set forth in the Agreement.

2. As of the date of the Amendment, Schedule A is replaced with the attached new Schedule A.

3. As of the date of the Amendment, Schedule B is replaced with the attached new Schedule B.

4 This Amendment shall inure to the benefit of and be binding upon the parties hereto and their respective successors and permitted assigns.

5. This Amendment may be executed in one or more counterparts, each of which will be deemed an original, but all of which together shall constitute one and the same instrument.

*                    *                     *                    *

IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their duly authorized officers as of the day and year first above written.

JPMorgan Distribution Services, Inc.

By:

Name:

Title:

X.X. Xxxxxx Xxxxxxx Mutual Fund Group, Inc.

X.X. Xxxxxx Mutual Fund Investment Trust

Undiscovered Managers Funds

JPMorgan Trust I

JPMorgan Trust II

JPMorgan Trust III

By:

Name:

Title:

2

SCHEDULE A

TO THE SHAREHOLDER SERVICING AGREEMENT

(Effective as of February 12, 2014)

Name of Trust

Name ot Entity		State and Form of Organization
X.X. Xxxxxx Xxxxxxx Mutual Fund Group, Inc		Maryland corporation
X.X. Xxxxxx Mutual Fund Investment Trust		Massachusetts business trust
Undiscovered Managers Funds		Massachusetts business trust
JPMorgan Trust I		Delaware statutory trust
JPMorgan Trust II		Delaware statutory trust
JPMorgan Trust III		Delaware statutory trust

3

SCHEDULE B

TO THE SHAREHOLDER SERVICING AGREEMENT

(Amended as of February 12, 2014)

Money Market Funds

Current Name		Former Name		Share Class		Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan 100% U.S. Treasury Securities Money Market Fund		JPMorgan 100% U.S. Treasury Securities Money Market Fund		Capital Institutional Agency Premier Xxxxxx Reserve Service		0.05% 0.10% 0.15% 0.30% 0.35% 0.30% 0.30%
JPMorgan California Municipal Money Market Fund		JPMorgan California Tax Free Money Market Fund		Xxxxxx E*TRADE Service		0.35% 0.30% 0.30%
JPMorgan Current Yield Money Market Fund		N/A		Capital Institutional		0.05% 0.10%
JPMorgan Federal Money Market Fund		JPMorgan Federal Money Market Fund		Institutional Agency Premier Xxxxxx Reserve		0.10% 0.15% 0.30% 0.35% 0.30%
JPMorgan Liquid Assets Money Market Fund		One Group Prime Money Market Fund		Capital Institutional Agency Premier Investor Xxxxxx Reserve Class B Class C Service E*TRADE		0.05% 0.10% 0.15% 0.30% 0.35% 0.35% 0.30% 0.25% 0.25% 0.30% 0.30%
JPMorgan Michigan Municipal Money Market Fund		One Group Michigan Municipal Money Market Fund		Premier Xxxxxx Reserve		0.30% 0.35% 0.30%

B - 1

Current Name		Former Name		Share Class		Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Municipal Money Market Fund		One Group Municipal Money Market Fund		Institutional		0.10%
				Agency		0.15%
				Premier		0.30%
				Xxxxxx		0.35%
				Reserve		0.30%
				Service		0.30%
				E*TRADE		0.30%
JPMorgan New York Municipal Money Market Fund		JPMorgan New York Tax Free Money Market Fund		Xxxxxx		0.35%
				Reserve		0.30%
				Service		0.30%
				E*TRADE		0.30%
JPMorgan Ohio Municipal Money Market Fund		One Group Ohio Municipal Money Market Fund		Premier		0.30%
				Xxxxxx		0.35%
				Reserve		0.30%
				Service		0.30%
JPMorgan Prime Money Market Fund		JPMorgan Prime Money Market Fund		Capital		0.05%
				Institutional		0.10%
				Agency		0.15%
				Premier		0.30%
				Xxxxxx		0.35%
				Reserve		0.30%
				Class B		0.25%
				Class C		0.25%
				Cash Management		0.30%
				Investor		0.35%
				Service		0.30%
				Direct		0.15%
				Eagle		0.30%
JPMorgan Tax Free Money Market Fund		JPMorgan Tax Free Money Market Fund		Institutional		0.10%
				Agency		0.15%
				Premier		0.30%
				Xxxxxx		0.35%
				Reserve		0.30%
				Direct		0.15%
				Eagle		0.30%

B - 2

Current Name		Former Name		Share Class		Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan U.S. Government Money Market Fund		One Group Government Money Market Fund		Capital		0.05%
				Institutional		0.10%
				Agency		0.15%
				Premier		0.30%
				Xxxxxx		0.35%
				Reserve		0.30%
				Service		0.30%
				Investor		0.35%
				Direct		0.15%
				Eagle		0.30%
JPMorgan U.S. Treasury Plus Money Market Fund		One Group U.S. Treasury Securities Money Market Fund		Institutional		0.10%
				Agency		0.15%
				Premier		0.30%
				Investor		0.35%
				Xxxxxx		0.35%
				Reserve		0.30%
				Class B		0.25%
				Class C		0.25%
				Service		0.30%
				Direct		0.15%
				Eagle		0.30%

Equity Funds

Current Name		Former Name		Share Class		Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Market Neutral Fund		Highbridge Statistical Market Neutral Fund (name effective until		Class A		0.25%
		12/6/13)		Class C		0.25%
				Select		0.25%
JPMorgan Access Balanced Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Institutional		0.10%
JPMorgan Access Growth Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Institutional		0.10%

B - 3

Current Name		Former Name		Share Class		Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Alternative Strategies Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R5		0.05%
JPMorgan Asia Pacific Fund		JPMorgan Asia Pacific Focus Fund (name effective until		Class A		0.25%
		6/28/12)		Class C		0.25%
				Select		0.25%
JPMorgan China Region Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
JPMorgan Disciplined Equity Fund		JPMorgan Disciplined Equity Fund		Class A		0.25%
				Select		0.25%
				Institutional		0.10%
JPMorgan Diversified Fund		JPMorgan Diversified Fund		Class A		0.25%
				Class B		0.25%
				Class C		0.25%
				Select		0.25%
				Institutional		0.10%
JPMorgan Diversified Risk Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
JPMorgan Intrepid Mid Cap Fund		One Group Diversified Mid Cap Fund and JPMorgan		Class A		0.25%
		Diversified Mid Cap Fund		Class B		0.25%
				Class C		0.25%
				Select		0.25%
JPMorgan Mid Cap Growth Fund		One Group Mid Cap Growth Fund and JPMorgan Diversified		Class A		0.25%
		Mid Cap Growth Fund (name effective until 6/27/09)		Class B		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan Dynamic Growth Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R5		0.05%
JPMorgan Dynamic Small Cap Growth Fund		JPMorgan Dynamic Small Cap Fund (name effective until		Class A		0.25%
		6/29/07)		Class B		0.25%
				Class C		0.25%
				Select		0.25%

B - 4

Current Name		Former Name		Share Class		Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Emerging Economies Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R5		0.05%
JPMorgan Emerging Markets Equity Fund		JPMorgan Xxxxxxx Emerging Markets Equity Fund		Class A		0.25%
				Class B		0.25%
				Class C		0.25%
				Select		0.25%
				Institutional		0.10%
JPMorgan Emerging Markets Equity Income Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R5		0.05%
JPMorgan Equity Focus Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
JPMorgan Equity Income Fund		One Group Equity Income Fund		Class A		0.25%
				Class B		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan Equity Index Fund		One Group Equity Index Fund		Class A		0.25%
				Class B		0.25%
				Class C		0.25%
				Select		0.25%
JPMorgan Global Allocation Income Fund		JPMorgan Global Flexible Fund (name effective until 2/17/11)		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
JPMorgan Global Equity Income Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan Global Natural Resources Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%

B - 5

Current Name		Former Name		Share Class		Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Global Research Enhanced Index Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
JPMorgan Global Unconstrained Equity Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan Growth and Income Fund		JPMorgan Growth and Income Fund		Class A		0.25%
				Class B		0.25%
				Class C		0.25%
				Select		0.25%
JPMorgan Growth Long/Short Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
JPMorgan Hedged Equity Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R5		0.05%
JPMorgan International Equity Fund		JPMorgan Xxxxxxx International Equity Fund		Class A		0.25%
				Class B		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan International Equity Index Fund		One Group International Equity Index Fund		Class A		0.25%
				Class B		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
JPMorgan International Opportunities Fund		JPMorgan Xxxxxxx International Opportunities Fund		Class A		0.25%
				Class B		0.25%
				Class C		0.25%
				Select		0.25%
				Institutional		0.10%
JPMorgan International Unconstrained Equity Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%

B - 6

Current Name		Former Name		Share Class		Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan International Realty Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R5		0.05%
JPMorgan International Value Fund		JPMorgan Xxxxxxx International Value Fund		Class A		0.25%
				Class B		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Institutional		0.10%
JPMorgan Intrepid America Fund		JPMorgan Intrepid America Fund		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan Intrepid Advantage Fund		JPMorgan Intrepid Investor Fund, JPMorgan Intrepid Contrarian		Class A		0.25%
		Fund (name effective until 4/10/06) and JPMorgan Intrepid		Class C		0.25%
		Multi Cap Fund (name effective until 4/30/13)		Select		0.25%
JPMorgan Intrepid European Fund		JPMorgan Xxxxxxx Intrepid European Fund		Class A		0.25%
				Class B		0.25%
				Class C		0.25%
				Select		0.25%
				Institutional		0.10%
JPMorgan Intrepid Growth Fund		JPMorgan Intrepid Growth Fund		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan Intrepid International Fund		JPMorgan Xxxxxxx Tax Aware International Opportunities		Class A		0.25%
		Fund and JPMorgan Tax Aware International		Class C		0.25%
		Opportunities Fund		Select		0.25%
				Institutional		0.10%
				Class R2		0.25%
JPMorgan Intrepid Value Fund		JPMorgan Intrepid Value Fund		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan Investor Balanced Fund		One Group Investor Balanced Fund		Class A		0.25%
				Class B		0.25%
				Class C		0.25%
				Select		0.25%

B - 7

Current Name		Former Name		Share Class		Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Investor Conservative Growth Fund		One Group Investor Conservative Growth Fund		Class A Class B Class C Select		0.25% 0.25% 0.25% 0.25%
JPMorgan Investor Growth Fund		One Group Investor Growth Fund		Class A		0.25%
				Class B		0.25%
				Class C		0.25%
				Select		0.25%
JPMorgan Investor Growth & Income Fund		One Group Investor Growth & Income Fund		Class A Class B Class C		0.25% 0.25% 0.25%
JPMorgan Large Cap Growth Fund		One Group Large Cap Growth Fund		Class A		0.25%
				Class B		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan Large Cap Value Fund		One Group Large Cap Value Fund		Class A		0.25%
				Class B		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan Latin America Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
JPMorgan Market Expansion Enhanced Index Fund		One Group Market Expansion Index Fund and JPMorgan Market Expansion Index Fund (name effective until 4/30/13)		Class A Class B Class C Select		0.25% 0.25% 0.25% 0.25%
				Class R2		0.25%
JPMorgan Mid Cap Core Fund (to be reorganized into JPMorgan Mid Cap Equity Fund on or about 3/14/14)		N/A		Class A Class C Select Class R2 Class R5		0.25% 0.25% 0.25% 0.25% 0.05%
JPMorgan Mid Cap Equity Fund		JPMorgan Mid Cap Equity Fund		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%

B - 8

Current Name		Former Name		Share Class		Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Growth Advantage Fund		JPMorgan Mid Cap Growth Fund (change effective 8/17/05)		Class A Class B Class C Select Class R5		0.25% 0.25% 0.25% 0.25% 0.05%
JPMorgan Mid Cap Value Fund		JPMorgan Mid Cap Value Fund		Class A Class B Class C Select Institutional Class R2		0.25% 0.25% 0.25% 0.25% 0.10% 0.25%
JPMorgan Multi-Cap Long/Short Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
JPMorgan Multi-Cap Market Neutral Fund		One Group Market Neutral Fund		Class A Class B Class C Select		0.25% 0.25% 0.25% 0.25%
JPMorgan Multi-Manager Alternatives Fund (effective upon the effectiveness of the Fund’s registration statement)		N/A		Class A Class C Select Class R5		0.25% 0.25% 0.25% 0.05%
JPMorgan Research Equity Long/Short Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R5		0.05%
JPMorgan Research Market Neutral Fund		JPMorgan Market Neutral Fund (name effective until 2/28/10)		Class A Class B Class C Institutional Select		0.25% 0.25% 0.25% 0.10% 0.25%
JPMorgan Small Cap Core Fund		JPMorgan Trust Small Cap Equity Fund		Select		0.25%
JPMorgan Small Cap Equity Fund		JPMorgan Small Cap Equity Fund		Class A Class B Class C Select Class R2 Class R5		0.25% 0.25% 0.25% 0.25% 0.25% 0.05%

B - 9

Current Name		Former Name		Share Class		Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Small Cap Growth Fund		One Group Small Cap Growth Fund		Class A Class B Class C Select Class R2 Institutional		0.25% 0.25% 0.25% 0.25% 0.25% 0.10%
JPMorgan Small Cap Value Fund		One Group Small Cap Value Fund		Class A		0.25%
				Class B		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan SmartAllocation Equity Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan SmartRetirement Income Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Institutional		0.10%
				Class R2		0.25%
JPMorgan SmartRetirement 2010 Fund (to be reorganized into JPMorgan SmartRetirement Income Fund on or about 6/20/14)		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Institutional		0.10%
				Class R2		0.25%
JPMorgan SmartRetirement 2015 Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Institutional		0.10%
				Class R2		0.25%
JPMorgan SmartRetirement 2020 Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Institutional		0.10%
				Class R2		0.25%
JPMorgan SmartRetirement 2025 Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Institutional		0.10%
				Class R2		0.25%

B - 10

Current Name		Former Name		Share Class		Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan SmartRetirement 2030 Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Institutional		0.10%
				Class R2		0.25%
JPMorgan SmartRetirement 2035 Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Institutional		0.10%
				Class R2		0.25%
JPMorgan SmartRetirement 2040 Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Institutional		0.10%
				Class R2		0.25%
JPMorgan SmartRetirement 2045 Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Institutional		0.10%
				Class R2		0.25%
JPMorgan SmartRetirement 2050 Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Institutional		0.10%
				Class R2		0.25%
JPMorgan SmartRetirement 2055 Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Institutional		0.10%
				Class R2		0.25%
JPMorgan SmartRetirement Blend Income Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan SmartRetirement Blend 2015 Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%

B - 11

Current Name		Former Name		Share Class		Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan SmartRetirement Blend 2020 Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan SmartRetirement Blend 2025 Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan SmartRetirement Blend 2030 Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan SmartRetirement Blend 2035 Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan SmartRetirement Blend 2040 Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan SmartRetirement Blend 2045 Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan SmartRetirement Blend 2050 Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan SmartRetirement Blend 2055 Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%

B - 12

Current Name		Former Name		Share Class		Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Strategic Preservation Fund		JPMorgan Global Strategic Preservation Fund		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R5		0.05%
JPMorgan Tax Aware Equity Fund		JPMorgan Tax Aware Disciplined Equity Fund (name		Class A		0.25%
		effective until 12/10/10)		Class C		0.25%
				Select		0.25%
				Institutional		0.10%
JPMorgan Total Emerging Markets Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
JPMorgan U.S. Dynamic Plus Fund		JPMorgan Intrepid Long/Short Fund (name effective until		Class A		0.25%
		11/1/07) and JPMorgan Intrepid Plus Fund (name effective until 5/3/10)		Class C		0.25%
				Select		0.25%
JPMorgan U.S. Equity Fund		JPMorgan U.S. Equity Fund		Class A		0.25%
				Class B		0.25%
				Class C		0.25%
				Select		0.25%
				Institutional		0.10%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan U.S. Large Cap Core Plus Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan U.S. Research Equity Plus Fund				Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan U.S. Small Company Fund		JPMorgan U.S. Small Company Fund		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Institutional		0.10%
				Class R2		0.25%
JPMorgan Value Advantage Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Institutional		0.10%
Undiscovered Managers Behavioral Value Fund		Undiscovered Managers Behavioral Value Fund		Class A		0.25%
				Class B		0.25%

B - 13

Current Name		Former Name		Share Class		Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
				Class C		0.25%
				Select		0.25%
				Institutional		0.10%
				Class R2		0.25%
JPMorgan Realty Income Fund		Undiscovered Managers REIT Fund		Class A		0.25%
				Class B		0.25%
				Class C		0.25%
				Institutional		0.10%
				Class R5		0.05%
Security Capital U.S. Core Real Estate Securities Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%

B - 14

Fixed Income Funds

Current Name		Former Name		Share Class		Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Arizona Municipal Bond Fund (to be reorganized into JPMorgan Intermediate Tax-Free Bond Fund on or about 6/13/14)		One Group Arizona Municipal Bond Fund		Class A Class B Class C Select		0.25% 0.25% 0.25% 0.25%
JPMorgan California Tax Free Bond Fund		JPMorgan California Bond Fund		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Institutional		0.10%
JPMorgan Commodities Strategy Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
JPMorgan Core Bond Fund		One Group Bond Fund		Class A		0.25%
				Class B		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan Core Plus Bond Fund		One Group Income Bond Fund		Class A		0.25%
				Class B		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Institutional		0.10%
JPMorgan Corporate Bond Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
JPMorgan Current Income Fund		N/A		Select		0.25%
				Institutional		0.10%
JPMorgan Diversified Real Return Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan Dynamic Income Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
JPMorgan Emerging Markets Corporate Debt Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
JPMorgan Emerging Markets Debt Fund		JPMorgan Xxxxxxx Emerging Markets Debt Fund		Select		0.25%

B - 15

Current Name		Former Name		Share Class		Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
				Class A		0.25%
				Class C		0.25%
				Class R5		0.05%
JPMorgan Emerging Markets Local Currency Debt Fund		N/A		Class A Class C		0.25% 0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan Ex-G4 Currency Strategies Fund (to be liquidated on or about 3/10/14)		N/A		Class A Class C		0.25% 0.25%
				Select		0.25%
JPMorgan Floating Rate Income Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
JPMorgan Global Bond Opportunities Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
JPMorgan Government Bond Fund		One Group Government Bond Fund		Class A		0.25%
				Class B		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
JPMorgan High Yield Fund		One Group High Yield Bond Fund and JPMorgan High Yield Bond Fund (name effective until 9/14/09)		Class A Class B Class C		0.25% 0.25% 0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan Income Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
JPMorgan Income Builder Fund		JPMorgan World Income Builder Fund		Class A		0.25%
				Class C		0.25%
				Select		0.25%
JPMorgan Inflation Managed Bond Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%

B - 16

Current Name		Former Name		Share Class		Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Intermediate Tax Free Bond Fund		JPMorgan Intermediate Tax Free Income Fund		Class A		0.25%
				Class B		0.25%
				Class C		0.25%
				Select		0.25%
				Institutional		0.10%
JPMorgan International Currency Income Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
JPMorgan Managed Income Fund		N/A		Select		0.25%
				Institutional		0.10%
JPMorgan Michigan Municipal Bond Fund (to be reorganized into JPMorgan Intermediate Tax-Free Bond Fund on or about 6/13/14)		One Group Michigan Municipal Bond Fund		Class A Class B Class C		0.25% 0.25% 0.25%
				Select		0.25%
JPMorgan Mortgage-Backed Securities Fund		One Group Mortgage-Backed Securities Fund		Class A		0.25%
				Class C		0.75%
				Select		0.25%
JPMorgan Multi-Sector Income Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan Municipal Income Fund		One Group Municipal Income Fund		Class A		0.25%
				Class B		0.25%
				Class C		0.25%
				Select		0.25%
JPMorgan New York Tax Free Bond Fund		JPMorgan New York Intermediate Tax Free Income Fund		Class A		0.25%
				Class B		0.25%
				Class C		0.25%
				Select		0.25%
				Institutional		0.10%
JPMorgan Ohio Municipal Bond Fund (to be reorganized into JPMorgan Intermediate Tax-Free Bond Fund on or about 6/13/14)		One Group Ohio Municipal Bond Fund		Class A Class B Class C Select		0.25% 0.25% 0.25% 0.25%
JPMorgan Real Return Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Institutional		0.10%

B - 17

Current Name		Former Name		Share Class		Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Short Duration Bond Fund		One Group Short-Term Bond Fund		Class A		0.25%
				Class B		0.25%
				Class C		0.25%
				Select		0.25%
JPMorgan Short Duration High Yield Fund				Class A		0.25%
				Class C		0.25%
				Select		0.25%
JPMorgan Short-Intermediate Municipal Bond Fund		One Group Short-Term Municipal Bond Fund and JPMorgan Short Term Municipal Bond Fund (name effective until 4/30/09)		Class A Class B Class C Select Institutional		0.25% 0.25% 0.25% 0.25% 0.10%
JPMorgan SmartAllocation Income Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R2		0.25%
				Class R5		0.05%
JPMorgan Strategic Income Opportunities Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R5		0.05%
JPMorgan Tax Aware High Income Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
JPMorgan Tax Aware Income Opportunities Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
JPMorgan Tax Aware Real Return Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Institutional		0.10%
JPMorgan Tax Free Bond Fund		One Group Tax-Free Bond Fund		Class A		0.25%
				Class B		0.25%
				Class C		0.25%
				Select		0.25%
JPMorgan Total Return Fund		N/A		Class A		0.25%
				Class C		0.25%
				Select		0.25%
				Class R5		0.05%
				Class R2		0.25%

B - 18

Current Name		Former Name		Share Class		Shareholder Servicing Fee* (annual rate expressed as a percentage of the average daily net assets of each Class of Shares)
JPMorgan Treasury & Agency Fund		One Group Treasury & Agency Fund		Class A Class B Class C Select		0.25% 0.25% 0.25% 0.25%
JPMorgan Limited Duration Bond Fund		One Group Ultra Short-Term Bond Fund and JPMorgan Ultra Short Term Bond Fund (name change effective 7/1/06) and JPMorgan Ultra Short Duration Bond Fund (name effective until 8/31/09)		Class A Class B Class C Select		0.25% 0.25% 0.25% 0.25%

* Up to 0.25% of this fee may be for the Shareholder Services described in Section 2.2 of this Agreement.

B - 19

JPMorgan Distribution Services, Inc.				X.X. Xxxxxx Xxxxxxx Mutual Fund Group, Inc. X.X. Xxxxxx Mutual Fund Investment Trust JPMorgan Trust I JPMorgan Trust II JPMorgan Trust III Undiscovered Managers Funds On behalf of themselves and each of their Funds
By:				By:
Name:				Name:
Title:				Title:

B - 20