FIRST AMENDMENT TO THE CUSTODY AGREEMENT

Exhibit (g)(ii)

FIRST AMENDMENT TO THE

CUSTODY AGREEMENT

THIS FIRST AMENDMENT dated as of  August 12, 2008, to the Custody Agreement, dated as of August 15, 2005 (the "Custody Agreement"), is entered into by and among Xxxxxx X. Xxxxx & Co. Incorporated, a Wisconsin corporation (the "Advisor"), Baird Funds, Inc., a Wisconsin corporation (the “Company”) and U.S. Bank, N.A., a national banking association (the "Custodian").

RECITALS

WHEREAS, the parties have entered into a Custody Agreement; and

WHEREAS, the Company intends to create an additional fund; and

WHEREAS, the parties desire to extend said Custody Agreement to apply to the added fund; and

WHEREAS, Article XIV, Section 14.2 of the Custody Agreement allows for its amendment by a written instrument executed by the parties.

NOW, THEREFORE, the parties agree as follows:

Exhibit C of the Custody Agreement is hereby superseded and replaced with Exhibit C attached hereto.

Except to the extent amended hereby, the Custody Agreement shall remain in full force and effect.

IN WITNESS WHEREOF, the parties hereto have caused this First Amendment to be executed by a duly authorized officer on one or more counterparts as of the date and year first written above.

BAIRD FUNDS, INC.	U.S. BANK, N.A.
By: /s/ Xxxx Xxxxx Xxxxxx	By: /s/ Xxxxxxx X. XxXxx
Name: Xxxx Xxxxx Xxxxxx	Name: Xxxxxxx X. XxXxx
Title: President	Title: Vice President
XXXXXX X. XXXXX & CO. INCORPORATED
By: /s/ Xxxxxxx X. Xxxxx
Name: Xxxxxxx X. Xxxxx
Title: Senior Vice President

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Exhibit C

to the

Custody Agreement

Fund Names

Separate Series of Funds

Advisor

	Name of Series	Date Added
	Xxxxx Intermediate Bond Fund	September 29, 2000
	Xxxxx Core Plus Bond Fund	September 29, 2000
	Xxxxx Aggregate Bond Fund	September 29, 2000
	Xxxxx Short-Term Bond Fund	September 29, 2000
	Xxxxx Intermediate Municipal Bond Fund	September 29, 2000

Company

	Name of Series	Date Added
	Baird LargeCap Fund	September 29, 2000
	Xxxxx XxxXxx Fund	December 29, 2000
	Baird SmallCap Fund	June 30, 2004
	Riverfront Long-Term Growth Fund	On or after November 1, 2008

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