AMENDMENT TO THE INVESTMENT ADVISORY AGREEMENT
EX-99.28(d)(2)(f)
AMENDMENT TO THE INVESTMENT ADVISORY AGREEMENT
THIS AMENDMENT dated as of the 11th day of December, 2014, to the Investment Advisory Agreement dated as of February 1, 2010 (the “Agreement”), is entered into by and among Jacob Funds Inc., a Maryland corporation (the “Corporation”), on behalf of the Jacob Small Cap Growth Fund, Jacob Micro Cap Growth Fund and Xxxxx Xxxxxx Fund, and Jacob Asset Management of New York LLC, a New York limited liability company (the “Adviser”).
RECITALS
WHEREAS, the parties have entered into the Agreement; and
WHEREAS, the parties desire to amend said Agreement by changing Exhibit B thereof;
NOW, THEREFORE, the parties agree as follows:
Exhibit B of the Agreement is hereby superseded and replaced with Amended and Restated Exhibit B attached hereto to reflect the addition of a breakpoint to the advisory fees payable with respect to the Jacob Small Cap Growth Fund and Jacob Micro Cap Growth Fund.
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.
ON BEHALF OF THE JACOB SMALL CAP GROWTH FUND, JACOB MICRO CAP GROWTH FUND AND XXXXX XXXXXX FUND
By: /s/ Xxxx X. Xxxxx
Name: Xxxx X. Xxxxx
Title: President and CEO
JACOB ASSET MANAGEMENT OF NEW YORK LLC
By: /s/ Xxxx X. Xxxxx
Name: Xxxx X. Xxxxx
Title: Chairman and CEO
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Amended and Restated Exhibit B
to Investment Advisory Agreement dated February 1, 2010,
between Jacob Asset Management of New York LLC and Jacob Funds Inc.
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Fund
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Advisory Fee
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Jacob Small Cap Growth Fund
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0.90% of annual average daily net assets up to $500 Million
0.75% of annual average daily net assets over $500 Million
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Xxxxx Xxxxxx Fund
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0.50% of annual average daily net assets up to $500 Million
0.40% of annual average daily net assets over $500 Million
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Jacob Micro Cap Growth Fund
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1.20% of annual average daily net assets up to $500 Million
0.95% of annual average daily net assets over $500 Million
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Effective December 29th, 2014.
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