SEVENTH ADDENDUM
Exhibit (d-9)
SEVENTH ADDENDUM
WHEREAS, Pacific Capital Funds, a Massachusetts business trust (the “Trust”) and Hawaiian
Trust Company, Ltd., a state-chartered trust company, entered into an Investment Advisory
Agreement dated October 29, 1993; and
WHEREAS, such Agreement has heretofore been amended by such parties and by Bank of Hawaii, the
successor by merger to Hawaiian Trust Company, Ltd. (the “Investment
Adviser”); and
WHEREAS, the parties wish to further amend such Agreement in certain respects;
NOW, THEREFORE, the portion of Schedule A to the Investment Advisory Agreement regarding the
compensation payable with respect to the Pacific Capital Growth Stock Fund, Pacific Capital Growth
& Income Fund, and Pacific Capital Value Fund series of the Trust is hereby amended to read in full
as follows:
“Annual rate of fifty-five one-hundredths of one percent (0.55%) of the average
daily net assets of each such Fund.”
IN WITNESS WHEREOF, the parties hereto have caused this instrument to be executed by their
officers designated below as of the date set forth above.
Dated: June 29, 2007
PACIFIC CAPITAL FUNDS | BANK OF HAWAII through its Asset Management Group |
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By:
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/s/ Xxxxxx X. Xxxxxxx | By: | /s/ Xxxxxx X. Xxx | |||||||
Name: Xxxxxx X. Xxxxxxx | Name: Xxxxxx X. Xxx | |||||||||
Title: President | Title: Senior Vice President |