ADMINISTRATION SERVICE AGREEMENT Schedule B-2 The Rational Investor Fund FEES AND EXPENSES
ADMINISTRATION SERVICE AGREEMENT
Schedule B-2
The Rational Investor Fund
FEES AND EXPENSES
Annual fee for the Fund:
[0.40% or 40 basis points on the average net assets of the Fund]*, which fee represents the combined annual fee payable by the Trust with respect to the Fund with respect to GFS’ services provided under the following agreements between the Trust and GFS (as the same may be hereafter amended, supplemented or restated):
(a) Administration Service Agreement, dated as of May 19, 2005;
(b) Transfer Agency Service Agreement, dated May 19, 2005; and
(c) Fund Accounting Service Agreement, dated as of May 19, 2005.
*Language as it already exists in each agreement
Plus Out-of-pocket expenses, which include, but are not limited to:
Postage, Courier and Stationery Programming, Special Reports Proxies, Insurance XXXXX filing @ $8.00 per page Retention of records Federal and State regulatory filing fees Certain insurance premiums | Travel (as requested by the Fund) Expenses related to Board of Trustees’ meetings Auditing and legal expenses Blue Sky conversion expenses (if necessary) NASDAQ charges All other out-of-pocket expenses (Fees are billed monthly) |
STATE REGISTRATION (BLUE SKY) FEES:
The fees enumerated above include the initial state registration, renewal and maintenance of registrations (as detailed in Section 2(b)) for three (3) states. Each additional state registration requested will be subject to the following fees per fund:
Initial registration $295.00
Registration renewal $150.00
Sales reports (if required) $ 25.00
All special reports and/or analyses requested by the Fund shall be subject to an additional charge, agreed upon in advance, based upon the following rates:
GFS Senior Staff $150.00 per hour
GFS Junior Staff $ 75.00 per hour
MIS Staff $200.00 per hour
IN WITNESS WHEREOF, the parties hereto have executed this Addendum to the Administrative Services Agreement dates May 19, 2005, this 13th day of July, 2005.
NORTHERN LIGHTS FUND TRUST GEMINI FUND SERVICES, LLC
(for The Rational Investor Fund)
By:___/s/ Xxxxxxx X. Xxxxxx_________________ By:_/s/ Xxxxxx Xxxxxx__________________
Xxxxxxx X. Xxxxxx, President Xxxxxx Xxxxxx, Senior Vice President
THE RATIONAL INVESTOR® ADVISORS, LLC
__/s/ Xxxxx X. Xxxxxxxx_________________________________
Attested to by: Xxxxx X. Xxxxxxxx, President
