FORM OF CUSTODIAN AGREEMENT
(ADDITION OF THE SMALL CAP AGGRESSIVE GROWTH FUND)
Firstar Bank, N.A.
000 X. Xxxxxxxxx Xxx.
Xxxxxxxxx, XX 00000
Gentlemen:
Pursuant to Paragraph 16 of the Custodian Agreement dated as
of July 29, 1988 and amended as of May 1, 1990, between Firstar Funds, Inc.
(formerly, Portico Funds, Inc. and formerly Elan Funds, Inc.) (the "Company")
and Firstar Trust Company, as assigned to you (formerly Firstar Bank Milwaukee,
N.A.) by assignment dated October 1, 1998, the Company requests that you render
services as Custodian under the terms of said agreement with respect to the
Small Cap Aggressive Growth Fund, an additional portfolio which 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 serve as Custodian and to the compensation terms set
forth on the attached fee schedule.
Sincerely,
Dated: June __, 2000 FIRSTAR FUNDS, INC.
By: ______________________
(Authorized Officer)
ACKNOWLEDGED AND AGREED:
FIRSTAR BANK, N.A.
(formerly Firstar Bank Milwaukee, N.A.)
By: Dated: June __, 2000
--------------------------------
(Authorized Officer)
FIRSTAR BANK, N.A.
MUTUAL FUND CUSTODIAL AGENT SERVICE ANNUAL FEE SCHEDULE
FOR
SMALL CAP AGGRESSIVE GROWTH FUND
ANNUAL FEE based on total assets of the Firstar Fund:
_____% on the first $2 billion
_____% on the next $2 billion
_____% on the balance in excess of $4 billion
Investment Transactions: Purchase, sale, exchange, tender, redemption (
maturity), receipt and delivery.
$_____ per Book Entry Securities (Depository or Federal
Reserve System).
$_____ per Definitive Security (Physical).
$_____ per Euroclear.
$_____ per Principal reduction on pass-through certificates.
$_____ per Option/Futures Contract.
$_____ per variation margin transaction.
$_____ per Mutual Fund trade.
$_____ per Fed Wire deposit or withdrawal.
$_____ per Commercial Paper.
$_____ per Repurchase Agreement.
Extraordinary expenses based on time and complexity involved.
Out-of-Pocket Expenses: Charged on the account.
Fees are billed quarterly based on the value at the beginning of the quarter.