EXHIBIT (9)(K)
FUND ACCOUNTING SERVICING AGREEMENT
REVISED FEE SCHEDULE
as of March 1, 1997
Firstar Trust Company
P.O. Box 701
Milwaukee, WI 53201
Gentlemen:
You currently provide accounting services to the Fund for the Money
Market Fund, U.S. Treasury Money Market Fund, U.S. Government Money Market Fund,
Tax-Exempt Money Market Fund, Institutional Money Market Fund, Balanced Fund,
Equity Index Fund, Growth and Income Fund, Midcore Growth Fund, Special Growth
Fund, International Equity Fund, MicroCap Fund, Short-Term Bond Market Fund,
Intermediate Bond Market Fund, Tax-Exempt Intermediate Bond Fund, and Bond
IMMDEX/TM Fund (the "Funds") of Portico Funds, Inc. (the "Company") pursuant to
a Fund Accounting Servicing Agreement dated March 23, 1988 as amended (the
"Agreement"). Pursuant to Paragraph 4 of the Agreement, your compensation for
the services provided to the Funds under the Agreement shall be determined in
accordance with the Fee Schedules attached hereto.
Please sign two copies of this letter where indicated to signify your
agreement to the compensation terms set forth on the attached Fee Schedules for
the Funds.
Sincerely,
Dated: March 1, 1997 PORTICO FUNDS, INC.
BY: /s/ Xxxx Xxxxx Xxxxxx
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Title: Authorized Officer
ACKNOWLEDGED AND AGREED:
FIRSTAR TRUST COMPANY
By: /s/ Xxxxxx Xxxxxxxxx Dated: March 1, 1997
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Title: Vice President
FIRSTAR TRUST COMPANY
FUND VALUATION AND ACCOUNTING
FOR
PORTICO FUNDS, INC.
as of March 1, 1997
Money Market Fund
Tax-Exempt Money Market Fund
U.S. Government Money Market Fund
U.S. Treasury Money Market Fund
Institutional Money Market Fund
Portfolio Services
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Annual fee schedule based on market value of assets.
$25,000 for first $40 million
0.01% on the next $200 million
0.005% on the balance
*Annual fee cap of $55,000 for Institutional Money Market Fund.
Out-of-Pocket Expenses: Charged on the account
Fees are billed monthly based on net asset value at month end.
FIRSTAR TRUST COMPANY
FUND VALUATION AND ACCOUNTING
FOR
PORTICO FUNDS, INC.
as of March 1, 1997
Short-Term Bond Market Fund
Intermediate Bond Market Fund
Tax-Exempt Intermediate Bond Fund
Bond IMMDEX/TM Fund
International Equity Fund
Portfolio Services
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Annual fee schedule based on market value of assets.
$31,250 for first $40 million
0.025% on the next $200 million
0.0125% on the next $200 million
0.00625% on the balance
Out-of-Pocket Expenses: Charged on the account
Fees are billed monthly based on net asset value at month end.
FIRSTAR TRUST COMPANY
FUND VALUATION AND ACCOUNTING
FOR
PORTICO FUNDS, INC.
as of March 1, 1997
Balanced Fund
Growth & Income Fund
Equity Index Fund
Midcore Growth Fund
Special Growth Fund
MicroCap Fund
Portfolio Services
------------------
Annual fee schedule based on market value of assets.
$27,500 for first $40 million
0.0125% on the next $200 million
0.00625% on the balance
Out-of-Pocket Expenses: Charged on the account
Fees are billed monthly based on net asset value at month end.
