Exhibit (h)(53)
LETTER AGREEMENT TO THE
SHAREHOLDER SERVICING AGENT AGREEMENT
(ADDITION OF THE MIDCAP INDEX FUND)
Firstar Mutual Fund Services, LLC
000 X. Xxxxxxxx Xxxxxx
Xxxxxxxxx, XX 00000
Gentlemen:
Pursuant to Paragraph 7 of the Shareholder Servicing Agent Agreement dated
as of March 23, 1988 and amended as of May 1, 1990, between Firstar Funds, Inc.
(formerly, Portico Funds, Inc. and formerly Elan Funds) (the "Company"), and you
(by assignment from Firstar Trust Company dated October 1, 1998)the Company
requests that you render services as Shareholder Servicing Agent under the terms
of said agreement with respect to the MidCap Index Fund, an additional portfolio
the Company is establishing. Your compensation for the services provided under
said agreement for said additional portfolio shall be determined in accordance
with the fee schedule attached hereto.
Please sign two copies of this letter where indicated to signify your
agreement to so serve as Shareholder Servicing Agent for MidCap Index Fund and
to the compensation terms set forth on the attached fee schedule for the new
Fund, which terms are to become effective as of the date set forth below.
Sincerely,
Dated: November 1, 1999 FIRSTAR FUNDS, INC.
By: Xxxxx Xxxxxx
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Vice President
ACKNOWLEDGED AND AGREED:
FIRSTAR MUTUAL FUND SERVICES, LLC.
By: /s/Xxxxxx Xxxxxxxxx Dated: November 1, 1999
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Senior Vice President
FIRSTAR MUTUAL FUND SERVICES, LLC
MUTUAL FUND SHAREHOLDER SERVICES
FOR
FIRSTAR FUNDS, INC.
MidCap Index Fund
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Annual Fee Schedule
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$15 per Shareholder account
$5 per telephone exchange
$12 per wire transfer
$10 per NFS/NSCC networked account (Retail Class only)
Minimum annual fee of $24,000 per Fund.
Account fees shall be waived on the initial 800 accounts per series.
Fees billed monthly.
Plus out-of-pocket expenses including, but not limited to:
- Telephone--Toll-free lines
- Postage
- Programming
- Stationery/Envelopes
- Mailing
- Proxies
- Insurance
- Retention of Records
- Microfilm/Microfiche of Records
- Special Reports
- All other out-of pocket expenses
Plus, with respect to Two-Dimensional Transaction:
$1 per shareholder account to set-up
$1 per shareholder account to alter
AUTOMATIC INVESTMENT PLAN PROCESSING
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$ .50 per cycle
$ .50 per account set-up and/or change
$ .50 per item for AIP purchases
$5.00 per correction, reversal or return it
