AMENDMENT NO. 2 TO MASTER 529 ADMINISTRATIVE SERVICES AGREEMENT
EXHIBIT NO. 99.(h) 15
AMENDMENT NO. 2 TO MASTER 529
ADMINISTRATIVE SERVICES AGREEMENT
WHEREAS, each of the funds (or trusts acting on behalf of their series) identified from time to time on Exhibit A hereto (each a “Fund” and collectively the “Funds”) is a party to the Master 529 Administrative Services Agreement, as amended, (the “Agreement”), by and among MFS Fund Distributors, Inc., a Delaware corporation (the “Administrator”); and
WHEREAS, the Administrator serves as a program manager to the MFS 529 Savings Plan Trust pursuant to a Program Management Agreement between the Administrator and the State of Oregon acting by and through the Oregon 529 Savings Board.
NOW THEREFORE, in consideration of the mutual covenants and agreements of the parties hereto and hereinafter set forth, the parties covenant and agree as follows:
Section 1. Effective as of December 11, 2017, the first sentence of Section 4(a) of the Agreement is hereby amended as follows:
4. Administrative Fee. (a) In consideration for the rendering of the Administrative Services, each Fund shall pay the Administrator a fee equal on an annual basis up to 0.05% attributable solely to the assets of the Fund’s Class 529A, 529B and 529C shares purchased through the Program as agreed to from time to time between the Funds and the Administrator (the “Administrative Fee”).
Section 2. This Amendment No. 2 shall be construed under and shall be governed by the laws of The Commonwealth of Massachusetts.
Section 3. This Amendment No. 2 may be executed in any number of counterparts, each of which shall be deemed to be an original.
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 2 to be executed in duplicate original by its officers thereunto duly authorized, as of December 11, 2017.
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MFS FUNDS DISTRIBUTORS, INC. | |
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By: |
XXXXX X. XXXXXX |
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Xxxxx X. Xxxxxx |
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President |
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ON BEHALF OF THE FUNDS LISTED ON EXHIBIT A HERETO | |
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By: |
XXXXXXXXXXX X. XXXXXX |
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Xxxxxxxxxxx X. Xxxxxx |
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Assistant Secretary and Assistant Clerk |
Master 529 Administrative Services Agreement - Exhibit A
FUNDS
Massachusetts Investors Trust
Massachusetts Investors Growth Stock Fund
MFS U.S. Government Cash Reserve Fund
MFS New Discovery Fund
MFS Research International Fund
MFS Value Fund
MFS High Income Fund
MFS Mid Cap Growth Fund
MFS Series Trust V
MFS International New Discovery Fund
MFS Total Return Fund
MFS Limited Maturity Fund
MFS Total Return Bond Fund
MFS Series Trust X
MFS Aggressive Growth Allocation Fund
MFS Blended Research Small Cap Equity Fund
MFS Conservative Allocation Fund
MFS Growth Allocation Fund
MFS Moderate Allocation Fund
MFS Series Trust XI
MFS Mid Cap Value Fund
MFS Series Trust XII
MFS Lifetime Income Fund
