AMENDMENT TO THE ADMINISTRATION AND ACCOUNTING AGREEMENT JUNE 28, 2010 LORD ASSET MANAGEMENT TRUST
AMENDMENT TO THE
ADMINISTRATION AND ACCOUNTING AGREEMENT
JUNE 28, 2010
WHEREAS, Lord Asset Management Trust (the “Trust”) and Xxxxxx Xxxxx International, Ltd. (the “Administrator”) have entered into an Administration and Accounting Agreement (the “Agreement”) dated as of October 31, 2006; and
WHEREAS, Section 12(c) of the Agreement states that the Agreement may be modified or amended from time to time by mutual written agreement of the parties; and
WHEREAS, the Trust and the Administrator desire to amend Schedule A and Schedule B to the Agreement in order to add the Xxxxxx Xxxxx Emerging Markets Fund, a new series of the Trust, to the Agreement;
NOW, THEREFORE, effective June 28, 2010, the Agreement is amended to include Schedule A and Schedule B to the Agreement as provided herein.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to the Administration and Accounting Agreement to be executed by their officers designated below as of the date first written above.
| By: |
| |
| Name: |
Xxxxxxx X. Xxxxxxx | |
| Title: |
Vice President & Secretary | |
| XXXXXX XXXXX INTERNATIONAL, LTD. | ||
| By: |
| |
| Name: |
Xxxxxx X. Xxxxx, Xx. | |
| Title: |
Chairman & President | |
AMENDED SCHEDULE A
Listing of Funds
Xxxxxx Xxxxx American Opportunities Fund
Xxxxxx Xxxxx International Fund
Xxxxxx Xxxxx Emerging Market Fund
AMENDED SCHEDULE B
Fee Schedule
| XXXXXX XXXXX FUND ACCOUNTING SERVICES FEE SCHEDULE |
| $75,000 minimum fee prorated over all funds for the first $75 million in each fund.
Xxxxxx Xxxxx American Opportunities Fund* Prorated $75,000 minimum fee for the first $75 million 1.5 basis points on the next $175 million 1 basis point on the balance
Xxxxxx Xxxxx International Fund* Prorated $75,000 minimum fee for the first $75 million 2.25 basis points on the next $175 million 1.25 basis point on the balance
Xxxxxx Xxxxx Emerging Markets Fund* Prorated $75,000 minimum fee for the first $75 million 2.25 basis points on the next $175 million 1.25 basis point on the balance
NOTES:
• All schedules subject to change depending upon the use of derivatives – options, futures, short sales, etc. • Fees are billed monthly. |
| * | Annual fee |
| XXXXXX XXXXX FUND ADMINISTRATION & COMPLIANCE SERVICES FEE SCHEDULE |
| $75,000 minimum fee prorated over all funds for the first $75 million in each fund.
Xxxxxx Xxxxx American Opportunities Fund
Annual Fee Based Upon Market Value Per Fund* Prorated $75,000 minimum fee for the first $75 million 8 basis points on the next $150 million 7 basis points on the next $300 million 6 basis points on the next $500 million 4 basis point on the balance
Xxxxxx Xxxxx International Fund
Annual Fee Based Upon Market Value Per Fund* Prorated $75,000 minimum fee for the first $75 million 9 basis points on the next $150 million 8 basis points on the next $300 million 6 basis points on the next $500 million 4 basis point on the balance
Xxxxxx Xxxxx Emerging Markets Fund
Annual Fee Based Upon Market Value Per Fund* Prorated $75,000 minimum fee for the first $75 million 9 basis points on the next $150 million 8 basis points on the next $300 million 6 basis points on the next $500 million 4 basis point on the balance |
| * Annual | Legal Administration – Add the following for legal administration services in support of external legal counsel: |
| • | 1 basis point at each level |
