AMENDMENT TO THE ADVISORS SERIES TRUST FUND ACCOUNTING SERVICING AGREEMENT
AMENDMENT
TO THE
THIS
AMENDMENT dated as of the
12th
day of December,
2007, 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 American Trust Allegiance
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 series of the Trust to add a fund and amend the fees; and
WHEREAS,
Section 15 of the
Fund Accounting Agreement allows for its amendment by a written instrument
executed by both parties.
NOW,
THEREFORE, the parties
agree to amend the following:
Exhibit
B
is hereby superseded and replaced with Exhibit B attached hereto.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.
|
U.S.
BANCORP FUND SERVICES,
LLC
|
|
|
By:
/s/ Xxxxxxx
X.
Xxxx
|
By:
/s/ Xxxxxxx
X.
XxXxx
|
|
Name:
Xxxxxxx X. Xxxx
|
Name:
Xxxxxxx X. XxXxx
|
|
Title: President
|
Title: Executive
Vice President
|
1
Exhibit
B to the Advisors Series
Trust Fund Accounting Servicing Agreement
|
Name
of
Series
|
Date
Added
|
|
The
American Trust Allegiance
Fund
|
11/18/2002
|
|
American
Trust Energy
Alternatives Fund
|
on
or after
12/12/2007
|
For
the
services rendered by USBFS under this Agreement, the Fund(s) listed herein
shall
pay USBFS compensation as set forth in the Fee Schedule below:
|
FUND
ACCOUNTING
SERVICES
FEE
SCHEDULE at December,
2007
|
|
|
Domestic
Equity
Funds*
$[___]
for the first $20 million (YEAR 1)
$[___]
for the first $20 million (YEAR 2)
[___]
basis points on the next $30 million
[___]
basis points on the next $50 million
[___]
basis point on the balance
Domestic
Balanced
Funds*
$[___]
for the first $20 million
[___]
basis points on the next $30 million
[___]
basis points on the next $200 million
[___]
basis point on the balance
Domestic
Fixed Income Funds
Short
or Derivative
Funds
International
Equity
Funds
Money
Market
Funds
$[___]
for the first $20 million
[___]
basis points on the next $30 million
[___]
basis points on the next $200 million
[___]
basis point on the balance
International
Income
Funds
$[___]
for the first $20 million
[___]
basis points on the next $30 million
[___]
basis points on the next $200 million
[___]
basis point on the balance
Extraordinary
Services- quotes separately
Master/Feeder
Funds
Each
master and feeder is charged according to the schedule.
|
Multiple
Manager
Funds
Additional
base fee:
$[___]
per manager/sub-advisor per fund
Multiple
Classes
Each
class is an additional [___]% of the charge of the initial
class.
Conversion
Estimate – one month’s fee (WAIVED)
NOTE
– all schedules subject to change depending upon the use of derivatives-
options, futures, short sales, etc.
All
fees are billed monthly plus out-of-pocket expenses, including pricing
service:
$[___] Domestic
and Canadian Equities
$[___] Options
$[___] Corp/Gov/Agency
Bonds
$[___] CMO's
$[___] International
Equities and Bonds
$[___] Municipal
Bonds
$[___] Money
Market Instruments
$[___] Per
fund per month - Mutual Funds
Corporate
Actions - $[___] per corporate action
Factor
Services (BondBuyer)
Per
CMO
- $[___]/month
Per
Mortgage Backed -
$[___]/month
Minimum
- $[___]/fund
group/month
Web
Services
Report
Source: On-line internet access to standard reports and files from
the
fund accounting system. No initial set-up charge. $[___]/
month.
MFS
On-Line System Access: On-line internet access to USBFS systems.
$[___]
initial set-up per concurrent connection. $[___]/ month per concurrent
connection.
|
Advisor’s
Signature below
acknowledges approval of the fee schedule above.
American
Trust Investment Advisors,
LLC
By:
/s/ Xxxx X.
Xxxxxxx
Printed
Name: Xxxx X.
Xxxxxxx
Title:
President Date:
2/5/2008
2
