AMENDMENT TO THE ADVISORS SERIES TRUST FUND ADMINISTRATION SERVICING AGREEMENT
AMENDMENT
TO THE
FUND
ADMINISTRATION SERVICING AGREEMENT
THIS AMENDMENT dated as of the
25th
day of November, 2008, to the Fund Administration Servicing Agreement, dated as
of June 8, 2006, as amended (the "Fund Administration Agreement"), is entered
into by and between Advisors
Series Trust, a Delaware statutory trust (the "Trust") on behalf of its
separate series, the Xx Xxxxx
Fund and the Xx Xxxxx
Dividend Value Fund and U.S. Bancorp Fund Services, LLC,
a Wisconsin limited liability company ("USBFS").
RECITALS
WHEREAS, the parties have
entered into a Fund Administration Agreement; and
WHEREAS, the parties desire to
amend the series of the Trust to amend the fees; and
WHEREAS, Section 10 of the
Fund Administration Agreement allows for its amendment by a written instrument
executed by both parties.
NOW, THEREFORE, the parties
agree to amend the following:
Exhibit A
is hereby superseded and replaced with Exhibit A attached hereto.
Except to
the extent amended hereby, the Fund Administration Agreement shall remain in
full force and effect.
IN WITNESS WHEREOF, the
parties hereto have caused this Amendment to be executed by a duly authorized
officer on one or more counterparts as of the date and year first written
above.
U.S.
BANCORP FUND SERVICES, LLC
|
|
By:
/s/ Xxxxxxx X.
Xxxx
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By:
/s/ Xxxxxxx X.
XxXxx
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Printed
Name: Xxxxxxx X. Xxxx
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Printed
Name: Xxxxxxx X. XxXxx
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Title: President
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Title:
Executive Vice President
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1
Exhibit
A
to
the Advisors Series Trust Fund Administration Servicing Agreement
Name of
Series
|
Date
Added
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Xx
Xxxxx Fund
|
11/18/2002
|
Xx
Xxxxx Dividend Value Fund
|
09/30/2004
|
FUND
ADMINISTRATION & COMPLIANCE SERVICES ANNUAL
FEE
SCHEDULE EFFECTIVE: 08/01/08
|
|
Xx
Xxxxx Funds
Annual
fee based upon complex assets*
¨ [__]
basis points on the first $[__] million
¨ [__]
basis points on the next $[__] million
¨ [__]
basis points on the next $[__] million
¨ [__]
basis points on the next $[__] million
¨ [__]
basis point over $[__] billion
¨
¨ Plus
$[__]/Fund**
Extraordinary
services – quoted separately
Multiple Classes – Additional
$[__] per year per
class. Multiple class fee eliminated effective 3/1/2009
service period
Fees
are billed monthly
*
Subject to CPI increase, Milwaukee MSA.
**$[__]/Fund waived
through
December
31, 2009
|
Plus Out-of-Pocket
Expenses – Including but not
limited to postage, stationery, programming, special reports, daily
compliance testing systems expenses, proxies, insurance, XXXXX filing,
retention of records, federal and state regulatory filings fees, certain
insurance premiums, expense from board of directors meetings, SEC 15c
Reporting, auditing and legal expenses, conversion expenses (if
necessary), and all other out-of-pocket expenses.
Additional Services –
Above pricing is for standard services. Available but not
included above are the following services – multiple classes, legal
administration, Advisor Information Source data delivery, daily fund
compliance testing, daily pre and post performance
reporting.
|
Advisor’s
Signature below acknowledges approval of the Exhibit A fund administration fee
schedule above.
XX
XXXXX ASSET MANAGEMENT, INC.
By:
/s/ Xxxxx
Xxxx
Printed
Name: Xxxxx
Xxxx
Title:
CFO and
CCO
Date:
4/16/2009
2