AMENDMENT TO
Exhibit (d)(22)
AMENDMENT TO
This Amendment to the Investment Advisory Contract is effective as of the 1st day of July, 2008 between Xxxxxxxx Funds, Inc. (the “Fund”) and M&I Investment Management Corp. (the “Adviser”).
WHEREAS, the Adviser has implemented a breakpoint schedule to its advisory fees payable by certain portfolios of the Fund; and
WHEREAS, the Adviser desires to implement a breakpoint schedule for the money market portfolios of the Fund, effective July 1, 2008.
NOW, THEREFORE, the parties agree as follows:
Exhibit A (as previously amended), Exhibit O and Exhibit D to the Investment Advisory Contract dated October 1, 1992, as amended (the “Agreement”), which set forth the investment advisory fees for the Prime Money Market Fund, Government Money Market Fund and Tax-Free Money Market Fund, respectively, are hereby subject to the following breakpoint schedule for the investment advisory fee payable to the Adviser, effective July 1, 2008:
|
| Annual Investment Advisory Fee as a Percentage of Each Portfolio’s Aggregate Daily Net Assets |
Fund |
| on the |
| on the |
| on the |
| on the |
| in |
Prime Money Market Fund |
| 0.150% |
| 0.135% |
| 0.120% |
| 0.105% | 0.090% | |
Government Money Market Fund |
| 0.200 |
| 0.185 |
| 0.170 |
| 0.155 | 0.140 | |
Tax-Free Money Market Fund |
| 0.200 |
| 0.185 |
| 0.170 |
| 0.155 | 0.140 |
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 day and year first written above.
XXXXXXXX FUNDS, INC. |
| M&I INVESTMENT MANAGEMENT |
|
|
|
By: /s/ Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: President |
| By: /s/ Xxxxxx X. Xxxxxx Name: Xxxxxx X. Xxxxxx Title: Vice President and Securities Counsel |
