THE JENSEN PORTFOLIO, INC. AMENDMENT TO THE AMENDED AND RESTATED FUND ACCOUNTING SERVICING AGREEMENT
THE
XXXXXX PORTFOLIO, INC.
AMENDMENT
TO THE
AMENDED
AND RESTATED FUND ACCOUNTING SERVICING AGREEMENT
THIS
AMENDMENT dated
as
of this 27 day of July, 2006, to the Amended and Restated Fund Accounting
Servicing Agreement dated as of July 1, 2005, (the “Agreement”), is entered by
and between The
Xxxxxx Portfolio, Inc., an
Oregon
corporation (the “Company”) and U.S.
Bancorp Fund Services, LLC, a
Wisconsin limited liability company (“USBFS”).
WHEREAS,
the
parties have entered into an Amended and Restated Fund Accounting Servicing
Agreement; and
WHEREAS,
the
Company and USBFS desire to amend said Agreement; and
WHEREAS,
Section
15 of the Agreement allows for its amendment by a written instrument executed
by
both parties.
NOW,
THEREFORE, the
parties agree as follows:
Exhibit
A, the fee schedule of the Agreement, effective August 1, 2006, is hereby
superseded and replaced with the fee schedule attached hereto.
Except
to
the extent amended hereby, the Agreement shall remain in full force and
effect.
THE
XXXXXX PORTFOLIO, INC.
|
U.S.
BANCORP FUND SERVICES, LLC
|
|
By:
/s/Xxxx
Xxxxxx
|
By:
/s/Xxxxxxx
XxXxx
|
|
Name:
Xxxx
Xxxxxx
|
Name:
Xxxxxxx
XxXxx
|
|
Title:
President
|
Title:
Senior Vice
President
|
1
Exhibit
A
to the Amended and Restated Fund Accounting Agreement
The
Xxxxxx Portfolio, Inc.
FUND
ACCOUNTING SERVICES
ANNUAL
FEE SCHEDULE effective 8/1/2006
|
|
Annual
fee based upon assets in the fund:
$22,000
on the first $40 million
1.25
basis points on the next $200 million
0.50
basis points on the balance
|
Extraordinary
services - quoted separately
Conversion
Estimate - one month’s fee (if necessary)
NOTE
- All schedules subject to change depending upon the use of derivatives
-
options, futures, short sales, etc.
All
fees are billed monthly plus out-of-pocket expenses, including pricing
service:
$.15
Domestic and Canadian Equities
$.15
Options
$.50
Corp/Gov/Agency Bonds
$.80
CMO’s
$.50
International Equities and Bonds
$.80
Municipal Bonds
$.80
Money Market Instruments
$125
Per fund per month - Fund of Funds
Factor
Services (BondBuyer)
Per
CMO - $1.50/month
Per
Mortgage Backed - $0.25/month
Minimum
- $300/month
|
2
Exhibit
A
Fee Schedule (continued) for the
Amended
and Restated Fund Accounting Servicing Agreement - The Xxxxxx Portfolio,
Inc.
CHIEF
COMPLIANCE OFFICER
SUPPORT
SERVICES
FEE
SCHEDULE effective 8/1/06
|
Chief
Compliance Officer Support Services
U.S.
Bancorp provides support to the Chief Compliance Officer (CCO) of
each
fund serviced either by U.S. Bancorp Fund Services, LLC or Quasar
Distributors, LLC. Indicated below are samples of functions performed
by
USBFS in this CCO support role:
· Business
Line Functions Supported
• Fund Administration and Compliance
• Transfer Agent and Shareholder
Services
•
Fund Accounting
• Custody Services
• Securities Lending Services
• Distribution Services
· Daily
Resource to Fund CCO, Fund Board, Advisor
· Provide
USBFS/USB Critical Procedures & Compliance Controls
· Daily
and Periodic Reporting
· Periodic
CCO Conference Calls
· Dissemination
of Industry/Regulatory Information
· Client
& Business Line CCO Education & Training
· Due
Diligence Review of USBFS Service Facilities
· Quarterly
USBFS Certification
· Board
Meeting Presentation and Board Support
· Testing,
Documentation, Reporting
Annual
Fee Schedule*
·
$1,200 per service per year
Fees
are billed monthly.
*Subject
to annual CPI increase, Milwaukee
MSA.
|
3