Exhibit (9)(c)
AMENDMENT TO ACCOUNTING SERVICES AGREEMENT
This Amendment, dated as of the 16th day of September, 1998, made by
and between Third Avenue Trust ("Third Avenue"), a Delaware business trust
operating as a registered investment company under the Investment Company Act of
1940, as amended, and duly organized and existing under the laws of the State of
Delaware and First Data Investor Services Group, Inc., a corporation duly
organized and existing under the laws of the Commonwealth of Massachusetts and
the successor in interest to FPS Services, Inc. (collectively, the "Parties").
WITNESSETH THAT
WHEREAS, the Parties are Parties to an Accounting Services Agreement
dated March 27, 1997 (the "Agreement"); and
WHEREAS, the Parties wish to amend the Agreement to provide for the
addition of a new series of shares;
NOW, THEREFORE, in consideration of the premises and mutual covenants
contained herein, the Parties hereto, intending to be legally bound, do hereby
agree as follows:
1. The Agreement is hereby amended to add a new series, THIRD AVENUE
REAL ESTATE VALUE FUND, by replacing Schedule "B" of the Agreement
with the attached amended Schedule "B".
2. The Agreement is hereby amended to add a new series, THIRD AVENUE
REAL ESTATE VALUE FUND, by replacing Schedule "C" of the Agreement
with the attached amended Schedule "C".
3. Except as specifically amended hereby, the Agreement shall not be
modified or amended and shall remain in full force and effect.
IN WITNESS WHEREOF, the Parties hereto have caused this Agreement
consisting of one typewritten page, together with amended Schedules "B" and "C",
to be signed by their duly authorized officers as of the day and year first
above written.
Third Avenue Trust First Data Investor Services Group, Inc.
By: By:
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Xxxxx Xxxxx, President Xxxxxxx X. Xxxxx, Senior Vice President
SCHEDULE B
FEES
FUND ACCOUNTING
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THIRD AVENUE VALUE FUND
$24,000 Minimum to $10 Million of Average Net Assets
0.0004 On the Next $40 Million of Average Net Assets
0.0003 On the Next $50 Million of Average Net Assets
0.0001 On the Next $100 Million of Average Net Assets
0.00005 On the Next $800 Million of Average Net Assets
0.000025 Over $1 Billion of Average Net Assets
THIRD AVENUE SMALL-CAP VALUE FUND , THIRD AVENUE HIGH YIELD FUND and THIRD
AVENUE REAL ESTATE VALUE FUND
$24,000 Minimum to $20 Million of Average Net Assets
0.0003 On the Next $30 Million of Average Net Assets
0.0002 On the Next $50 Million of Average Net Assets
0.0001 On the Next $100 Million of Average Net Assets
0.00005 On the Next $800 Million of Average Net Assets
0.000025 Over $1 Billion of Average Net Assets
If any Fund holds 10 or less non-U.S. dollar denominated securities, the fee
schedule will remain unchanged.
If any Fund purchases more than 10 non-U.S. dollar denominated securities, the
annual minimum will increase from $24,000 to $34,000.
If any Fund holds more than 50% of its securities in non -U.S. dollar
denominated securities, the annual minimum will increase from $24,000 to
$40,000.
Assumes that Investor Services Group can use the automated return of capital
calculation for REITs which uses the prior year actual return of capital to
estimate current year return of capital. Should this not be the case, the annual
minimum will increase from $24,000 to $34,000.
SCHEDULE "C"
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IDENTIFICATION OF SERIES
Below are listed the Series to which services under this Agreement are to be
performed as of the execution date of this Agreement:
THIRD AVENUE TRUST
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THIRD AVENUE VALUE FUND
THIRD AVENUE SMALL-CAP VALUE FUND
THIRD AVENUE HIGH YIELD FUND
THIRD AVENUE REAL ESTATE VALUE FUND
This Schedule "C" may be amended from time to time by agreement of the parties.
