AMENDMENT NO. 5 TO
AMENDMENT NO. 5 TO
This Amendment No. 5 (this "Amendment No. 5") between ProFunds, Access One Trust, and ProFunds Distributors, Inc. (collectively, the "Clients") and FIS Investor Services LLC, formerly known as SunGard Investor Services LLC (assignee of Citi Fund Services Ohio, Inc., assignee of BISYS Fund Services Ohio Inc.) ("FIS") is entered into as of July 26, 2021, and amends the Transfer Agency Services Agreement between FIS and the Clients dated January 1, 2007, as amended on each of March 19, 2009, April 1, 2015, April 1, 2018, and March 1, 2020 (as amended, the "Agreement").
All capitalized terms used but not defined herein shall have the meanings given to them in the Agreement, except that (i) all references in the Agreement to "SunGard Investor Services LLC" or "Citi Fund Services Ohio, Inc." or "BISYS Fund Services Ohio Inc." shall be read as references to "FIS Investor Services LLC," (ii) all references in the Agreement to "SIS" shall be read as references to "FIS," and (iii) all references in sections 2 and 4 of the Agreement to BFI shall mean "FIS Investor Services or the properly appointed successor custodian."
WHEREAS, FIS and the Clients wish to enter into this Amendment No. 5 in order to (i) update Schedule B and Schedule C to reflect a new service to be provided by FIS to Clients and the fees for such service and (ii) remove Access One Trust as a party to the Agreement as amended by this Amendment No. 5.
NOW, THEREFORE, in consideration of the foregoing and the mutual covenants and promises hereinafter contained and for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Clients and FIS hereby agree as follows:
1.Schedule B.
(a)As of January 1, 2021, the following item (e) shall be added after item (d) under Section 7. Additional Services of Schedule B of the Agreement:
"(e) Profile II Services.
FIS will populate the Mutual Fund Profile II database of the NSCC ("Profile II") with the appropriate data for the pertinent record types with respect to the Funds listed in Appendix B-7 hereto ("ProFunds").
FIS will obtain the information set forth above from FIS' internal records, ProFunds' prospectuses and other ProFunds documents and third parties that provide services to the ProFunds or to FIS. FIS will use all commercially reasonable efforts to ensure that such information is accurate and updated on a timely basis, but FIS cannot guarantee that such information will be accurate or timely updated."
(b) As of January 1, 2021, the following Appendix B-7 shall be added to the
Agreement:
Appendix B-7
Access One Trust Funds: |
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ACCESS FLEX HIGH YIELD-INV |
BASIC MATERIALS-INV |
RISING RATES-SVC |
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ACCESS FLEX HIGH YIELD-SVC |
REAL ESTATE-SVC |
RISING RATES-INV |
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ACCESS FLEX BEAR HIGH YIELD-SVC |
REAL ESTATE-INV |
U.S. GOV PLUS-SVC |
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GOVERNMENT MONEY MARKET |
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ACCESS FLEX BEAR HIGH YIELD-INV |
PROFUND-SVC |
U.S. GOV PLUS-INV |
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ProFunds Funds: |
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BULL-SVC |
ULTRAMID-CAP-SVC |
BANKS-INV |
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NASDAQ-100-SVC |
ULTRASMALL-CAP-SVC |
BANKS-SVC |
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NASDAQ-100-INV |
ULTRAJAPAN-INV |
OIL EQUIPMENT & SERVICES-INV |
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OIL & GAS - SVC |
BULL-INV |
MID-CAP GROWTH-SVC |
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OIL & GAS - INV |
ULTRAMID-CAP-INV |
MID-CAP VALUE-SVC |
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UTILITIES-SVC |
ULTRASMALL-CAP-INV |
MID-CAP-SVC |
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UTILITIES-INV |
ULTRABULL-INV |
SMALL-CAP GROWTH-SVC |
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ULTRABULL-SVC |
EUROPE 30-INV |
OIL EQUIPMENT & SERVICES-SVC |
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INDUSTRIALS - SVC |
EUROPE 30-SVC |
SMALL-CAP VALUE-SVC |
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INDUSTRIALS - INV |
ULTRASHORT NASDAQ-100-SVC |
SMALL-CAP-SVC |
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TELECOMMUNICATIONS-SVC |
ULTRASHORT NASDAQ-100-INV |
MID-CAP GROWTH-INV |
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GOVERNMENT MONEY MARKET |
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TELECOMMUNICATIONS-INV |
PROFUND-INV |
MID-CAP VALUE-INV |
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TECHNOLOGY-SVC |
ULTRANASDAQ-100-INV |
MID-CAP-INV |
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TECHNOLOGY-INV |
ULTRABEAR-INV |
SMALL-CAP GROWTH-INV |
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COMMUNICATION SERVICES - INV |
BEAR-INV |
SMALL-CAP VALUE-INV |
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PRECIOUS METALS-SVC |
FALLING U.S DOLLAR-INV |
SMALL-CAP-INV |
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BEAR-SVC |
RISING U.S DOLLAR-SVC |
SHORT OIL & GAS - INV |
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PRECIOUS METALS-INV |
RISING U.S DOLLAR-INV |
SHORT PRECIOUS METALS-INV |
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RISING RATES OPPORTUNITY 10- |
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CONSUMER SERVICES - SVC |
SVC |
SHORT PRECIOUS METALS-SVC |
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RISING RATES OPPORTUNITY 10- |
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CONSUMER SERVICES - INV |
INV |
SHORT REAL ESTATE-INV |
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INTERNET-SVC |
ULTRASHORT SMALL-CAP-SVC |
SHORT REAL ESTATE-SVC |
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INTERNET-INV |
ULTRASHORT SMALL-CAP-INV |
ULTRACHINA-INV |
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HEALTH CARE - SVC |
ULTRASHORT MID-CAP-SVC |
ULTRASHORT JAPAN-INV |
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HEALTH CARE - INV |
ULTRASHORT MID-CAP-INV |
ULTRAINTERNATIONAL-INV |
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FINANCIALS - SVC |
ULTRASHORT DOW 30-SVC |
ULTRASHORT CHINA-SVC |
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FINANCIALS - INV |
ULTRASHORT DOW 30-INV |
ULTRASHORT CHINA-INV |
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ULTRABEAR-SVC |
LARGE-CAP GROWTH-SVC |
ULTRACHINA-SVC |
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PHARMACEUTICALS-INV |
LARGE-CAP GROWTH-INV |
ULTRALATIN AMERICA-INV |
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ULTRASHORT LATIN AMERICA- |
SEMICONDUCTOR-SVC |
LARGE-CAP VALUE-SVC |
INV |
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SEMICONDUCTOR-INV |
LARGE-CAP VALUE-INV |
ULTRALATIN AMERICA-SVC |
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ULTRASHORT EMERGING |
CONSUMER GOODS - SVC |
ULTRA DOW 30-SVC |
MARKETS-SVC |
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ULTRASHORT EMERGING |
CONSUMER GOODS - INV |
ULTRA DOW 30-INV |
MARKETS-INV |
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BIOTECHNOLOGY-SVC |
SHORT SMALL-CAP-SVC |
ULTRAEMERGING MARKETS-SVC |
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BIOTECHNOLOGY-INV |
SHORT SMALL-CAP-INV |
ULTRAEMERGING MARKETS-INV |
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ULTRASHORT INTERNATIONAL- |
BASIC MATERIALS-SVC |
SHORT NASDAQ-100-SVC |
SVC |
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ULTRASHORT INTERNATIONAL- |
ULTRANASDAQ-100-SVC |
SHORT NASDAQ-100-INV |
INV |
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"
(c)As of April 26, 2021, Appendix B-7 shall be deleted in its entirety and the following Appendix B-7 shall be added to the Agreement:
Appendix B-7
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ALL FUNDS LISTED BELOW ARE |
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PROFUNDS FUNDS: |
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ACCESS FLEX HIGH YIELD |
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PROFUND-INV |
BASIC MATERIALS-INV |
RISING RATES-SVC |
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ACCESS FLEX HIGH YIELD |
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PROFUND-SVC |
REAL ESTATE-SVC |
RISING RATES-INV |
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ACCESS FLEX BEAR HIGH YIELD |
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PROFUND-SVC |
REAL ESTATE-INV |
U.S. GOV PLUS-SVC |
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ACCESS FLEX BEAR HIGH YIELD |
GOVERNMENT MONEY MARKET |
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PROFUND-INV |
PROFUND-SVC |
U.S. GOV PLUS-INV |
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BULL-SVC |
ULTRAMID-CAP-SVC |
BANKS-INV |
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NASDAQ-100-SVC |
ULTRASMALL-CAP-SVC |
BANKS-SVC |
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NASDAQ-100-INV |
ULTRAJAPAN-INV |
OIL EQUIPMENT & SERVICES-INV |
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OIL & GAS - SVC |
BULL-INV |
MID-CAP GROWTH-SVC |
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OIL & GAS - INV |
ULTRAMID-CAP-INV |
MID-CAP VALUE-SVC |
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UTILITIES-SVC |
ULTRASMALL-CAP-INV |
MID-CAP-SVC |
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UTILITIES-INV |
ULTRABULL-INV |
SMALL-CAP GROWTH-SVC |
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ULTRABULL-SVC |
EUROPE 30-INV |
OIL EQUIPMENT & SERVICES-SVC |
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INDUSTRIALS - SVC |
EUROPE 30-SVC |
SMALL-CAP VALUE-SVC |
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INDUSTRIALS - INV |
ULTRASHORT NASDAQ-100-SVC |
SMALL-CAP-SVC |
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TELECOMMUNICATIONS-SVC |
ULTRASHORT NASDAQ-100-INV |
MID-CAP GROWTH-INV |
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GOVERNMENT MONEY MARKET |
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TELECOMMUNICATIONS-INV |
PROFUND-INV |
MID-CAP VALUE-INV |
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TECHNOLOGY-SVC |
ULTRANASDAQ-100-INV |
MID-CAP-INV |
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TECHNOLOGY-INV |
ULTRABEAR-INV |
SMALL-CAP GROWTH-INV |
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COMMUNICATION SERVICES - INV |
BEAR-INV |
SMALL-CAP VALUE-INV |
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PRECIOUS METALS-SVC |
FALLING U.S DOLLAR-INV |
SMALL-CAP-INV |
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BEAR-SVC |
RISING U.S DOLLAR-SVC |
SHORT OIL & GAS - INV |
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PRECIOUS METALS-INV |
RISING U.S DOLLAR-INV |
SHORT PRECIOUS METALS-INV |
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RISING RATES OPPORTUNITY 10- |
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CONSUMER SERVICES - SVC |
SVC |
SHORT PRECIOUS METALS-SVC |
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RISING RATES OPPORTUNITY 10- |
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CONSUMER SERVICES - INV |
INV |
SHORT REAL ESTATE-INV |
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INTERNET-SVC |
ULTRASHORT SMALL-CAP-SVC |
SHORT REAL ESTATE-SVC |
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INTERNET-INV |
ULTRASHORT SMALL-CAP-INV |
ULTRACHINA-INV |
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HEALTH CARE - SVC |
ULTRASHORT MID-CAP-SVC |
ULTRASHORT JAPAN-INV |
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HEALTH CARE - INV |
ULTRASHORT MID-CAP-INV |
ULTRAINTERNATIONAL-INV |
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FINANCIALS - SVC |
ULTRASHORT DOW 30-SVC |
ULTRASHORT CHINA-SVC |
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FINANCIALS - INV |
ULTRASHORT DOW 30-INV |
ULTRASHORT CHINA-INV |
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ULTRABEAR-SVC |
LARGE-CAP GROWTH-SVC |
ULTRACHINA-SVC |
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PHARMACEUTICALS-INV |
LARGE-CAP GROWTH-INV |
ULTRALATIN AMERICA-INV |
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ULTRASHORT LATIN AMERICA- |
SEMICONDUCTOR-SVC |
LARGE-CAP VALUE-SVC |
INV |
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SEMICONDUCTOR-INV |
LARGE-CAP VALUE-INV |
ULTRALATIN AMERICA-SVC |
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ULTRASHORT EMERGING |
CONSUMER GOODS - SVC |
ULTRA DOW 30-SVC |
MARKETS-SVC |
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ULTRASHORT EMERGING |
CONSUMER GOODS - INV |
ULTRA DOW 30-INV |
MARKETS-INV |
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BIOTECHNOLOGY-SVC |
SHORT SMALL-CAP-SVC |
ULTRAEMERGING MARKETS-SVC |
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BIOTECHNOLOGY-INV |
SHORT SMALL-CAP-INV |
ULTRAEMERGING MARKETS-INV |
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ULTRASHORT INTERNATIONAL- |
BASIC MATERIALS-SVC |
SHORT NASDAQ-100-SVC |
SVC |
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ULTRASHORT INTERNATIONAL- |
ULTRANASDAQ-100-SVC |
SHORT NASDAQ-100-INV |
INV |
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2.As of January 1, 2021, the following shall be added to the end of Schedule C Transfer Agent Fees of the Agreement:
"The following fees shall be payable by Client to FIS for Profile II Services:
One-Time Fee:
Initial service and implementation of funds on Profile II
$30,000 ($250 per CUSIP), payable by Client upon receipt of FIS' invoice.
Recurring Fees (includes oversight and management of services):
1-100 CUSIPS |
$2,500 / Month ($25 per CUSIP per Month) |
101 up to 150 CUSIPS |
$300 / Month ($15 per CUSIP per Month)* |
*The monthly charges are based on 120 CUSIPS listed in Appendix B-7."
3.As of April 26, 2021, Access One Trust shall be removed as a party to the Agreement and all references to Access One Trust shall be deleted from the Agreement.
4.Miscellaneous.
(a)This Amendment No. 5 supplements and amends the Agreement. The provisions set forth in this Amendment No. 5 supersede all prior negotiations, understandings and agreements bearing upon the subject matter covered herein. After the effective dates of each provision of this Amendment No. 5 each reference to the Agreement in every other agreement, contract or instrument to which the parties are bound that are related to the transfer agency services provided under the Agreement, shall hereafter be construed as a reference to the Agreement as amended by this Amendment No. 5.
(b)No amendment or modification to this Amendment No. 5 shall be valid unless made in writing and executed by both parties hereto.
(c)This Amendment No. 5 may be executed in counterparts, each of which shall be an original but all of which, taken together, shall constitute one and the same agreement. Facsimile, scanned image or electronic signatures are as valid as originals.
(Signature Page Follows)
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IN WITNESS WHEREOF, the parties hereto have caused the provisions of this Amendment No. 5 to become effective on the dates indicated herein.
FIS Investor Services LLC |
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By: |
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/s/Xxxxx Xxxxx |
By: |
/s/Xxxx Xxxxxxx | ||
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Name: Xxxxx Xxxxx | ||||||
Name: Xxxx Xxxxxxx | ||||||
Title: |
Accounting Manager |
Title: |
President | |||
Date: |
August 9, 2021 |
Date: |
July 23, 2021 |
ProFunds Distributors, Inc. |
Access One Trust | ||||
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By: |
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/s/Xxx Xxxxxxxx |
By: |
/s/Xxxx Xxxxxxx | |
Name: Xxx Xxxxxxxx |
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Name: Xxxx Xxxxxxx | |||||
Title: |
President |
Title: |
President | ||
Date: |
July 23, 2021 |
Date: |
July 23, 2021 |
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