Exhibit (e)(xi)
AMENDMENT #1
TO
EXHIBIT B
TO
SUB-ADMINISTRATIVE SERVICES AGREEMENT
This Amendment No. 1 to Exhibit B to the Sub-Administrative Services
Agreement dated January 1, 2000 is made and entered into as of September 15,
2000 by and between Xxxxxxxx & Xxxxxx Trust Company ("M&I"), and Federated
Services Company ("FSC").
WHEREAS, M&I and FSC entered into a Sub-Administrative Services
Agreement dated January 1, 2000 (referred to herein as the "Agreement");
WHEREAS, the fees payable to FSC under the Agreement are set forth on
Exhibit B to the Agreement, and M&I and FSC desire to amend the Exhibit B to
the Agreement in certain respects to reflect a new fee arrangement;
NOW THEREFORE, the parties intending to be legally bound agree as
follows:
1. Pursuant to Section 4 of the Sub-Administrative Services Agreement,
M&I agrees to pay Federated a subadministrative fee equal to 63% of
the fees M&I is entitled to receive under the Administrative Services
Agreement dated January 1, 2000, between M&I and the Xxxxxxxx Funds,
Inc., as amended.
2. M&I and FSC hereby ratify and confirm all the terms, conditions and
provisions of the Sub-Administrative Services Agreement, as herein
amended, as remaining in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this instrument to
be executed by their officers designed below as of the day and year first
above written.
XXXXXXXX & XXXXXX TRUST COMPANY FEDERATED SERVICES COMPANY
By: /s/ Xxxxxx X. Xxxxxxx By: /s/ Xxxx X. Xxxx
--------------------------- -------------------------
Name: Xxxxxx X. Xxxxxxx Name: Xxxx X. Xxxx
Title: Vice President & Securities Counsel
Title: Vice President