GPS FUNDS I AMENDMENT TO THE FUND ADMINISTRATION SERVICING AGREEMENT
AMENDMENT TO THE
THIS AMENDMENT dated as of the 6th day of March, 2014, to the Fund Administration Servicing Agreement, dated as of May 11, 2001, as amended February 21, 2002, May 25, 2004, May 15, 2007 and April 1, 2011 (the “Agreement”), is entered into by and between GPS FUNDS I, a Delaware statutory trust (the “Trust”), and U.S. BANCORP FUND SERVICES, LLC, a Wisconsin limited liability company ("USBFS").
RECITALS
WHEREAS, the parties have entered into the Agreement; and
WHEREAS, the parties desire to amend the fees of the Agreement; and
NOW, THEREFORE, the parties agree as follows:
Exhibit A of the Agreement is hereby superseded and replaced with Amended Exhibit A attached hereto.
Except to the extent amended hereby, the 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/ Xxxxxx X. Xxxxxx
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By: /s/ Xxxxxxx X. XxXxx
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Name: Xxxxxx X. Xxxxxx
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Name: Xxxxxxx X. XxXxx
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Title: Chairman
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Title: Executive Vice President
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3/2014 – GPS Funds I
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Amended Exhibit A to the Fund Administration Agreement – GPS Funds I
Separate Series of GPS Funds I
GuideMark Large Cap Growth Fund
GuideMark Large Cap Value Fund
GuideMark Small/Mid Cap Core Fund
GuideMark World ex-US Fund
GuideMark Tax-Exempt Fixed Income Fund
GuideMark Core Fixed Income Fund
GuideMark Opportunistic Equity Fund
Amended Exhibit A (continued) to the Fund Administration Servicing Agreement –
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GPS Funds I & GPS Funds II – Fund Administration Fee Schedule effective April 1, 2014
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Annual fund administration fee based upon average net assets for the
combined trusts:
[ ] basis points on the first $[ ]
[ ] basis points on the next $[ ]
[ ] basis points on the balance
Minimum annual fee: $[ ] for the aggregate of the funds ([ ] funds;
assumes a multi-class structure).
The monthly fee that is charged is the greater of the fee based upon
assets or the minimum fee.
* The minimum annual fee of $[ ] is waived for each new fund during
the first [ ] months of operations. After the first [ ] months, the
following tiered minimum annual fee schedule applies during
months [ ] through [ ] of operations:
[ ]% of the minimum annual fee in months [ ], [ ] & [ ]
[ ]% of the minimum annual fee in months [ ], [ ] & [ ]
[ ]% of the minimum annual fee in months [ ], [ ] & [ ]
[ ]% of the minimum annual fee in month [ ] and beyond
Chief Compliance Officer Support Services: $[ ] per trust per year.
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Xxxxxxx River:
$[ ] set-up charge (waived)
Annual fee is $[ ] per trust.
Passive foreign investment companies identification
annual fee - $[ ] per security submitted for identification.
Wash sales reporting (GainsKeeper) annual fee -
$[ ] per fund.
Extraordinary services – quoted separately
Plus out-of-pocket expenses, including, but not limited to:
Postage, Stationery
Programming, Special Reports
Third-party data provider costs
Proxies, Insurance
XXXXX/XBRL filing
Retention of records
Federal and state regulatory filing fees
Certain insurance premiums
Expenses from Board of Trustees meetings
Auditing and legal expenses
Blue Sky conversion expenses (if necessary)
All other out-of-pocket expenses
Fees are calculated pro rata and billed monthly.
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3/2014 – GPS Funds I
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