AMENDMENT TO ADMINISTRATION AGREEMENT
This Amendment to the Administration Agreement is made as of the 1st day
of October, 2005, by and between The Westport Funds (the "Trust"), a Delaware
statutory trust, and Integrated Fund Services, Inc., an Ohio corporation
("Integrated").
WHEREAS, Integrated furnishes services to the Trust pursuant to an
Administration Agreement dated as of December 31, 1997 by and between Integrated
and the Trust, as amended (the "Agreement"); and
WHEREAS, Integrated and the Trust have agreed to revise the fee paid by
each series of the Trust to Integrated pursuant to the Agreement;
NOW, THEREFORE, in accordance with Paragraph 16 of the Agreement, the
parties hereto, intending to be legally bound, agree to amend the Agreement as
follows:
1. The Agreement is hereby amended to delete Paragraph 6 of the Agreement
in its entirety and to replace it with the following:
"For the performance of Integrated's obligations under this Agreement, and
the Accounting Services Agreement between the parties, the Trust shall pay
Integrated, on the first business day following the end of each month, a monthly
fee, according to the average net assets under management of the Trust during
such month, as follows:
Monthly Fee Average Net Assets Under Management
----------- -----------------------------------
0.0525% $0 - 800,000,000
0.0425% $800,000,000 - 1,000,000,000
0.03% $1,000,000,000 and over
The Trust shall pay Integrated a fee of $1,000 for each Form N-Q filing
prepared during the term of this Agreement.
The Trust will reimburse Integrated for out-of-pocket expenses incurred in
the performance of its services under this Agreement."
2. The Agreement is hereby amended to delete the name of Xxxxx X.
Xxxxxxxxx referred to in Paragraph 15 of the Agreement, and replace it with Xxxx
X. Xxxxxx.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed by their respective duly authorized officers, effective as of the day
and year first above written.
THE WESTPORT FUNDS
By: /s/ Xxxxxx X. Xxxxxxx, Xx.
---------------------------------
Xxxxxx X. Xxxxxxx, Xx., President
INTEGRATED FUND SERVICES, INC.
By: /s/ Xxx X. Xxxxxx
---------------------------------
Xxx X. Xxxxxx, President
