ARCHER INVESTMENT SERIES TRUST SECOND AMENDMENT TO THE ADMINISTRATION AGREEMENT
XXXXXX INVESTMENT SERIES TRUST
SECOND AMENDMENT TO THE ADMINISTRATION AGREEMENT
THIS AMENDMENT, dated as of the 1st day of December, 2019 to the Administration Agreement, dated as of March 22, 2010 (the "Agreement"), is entered into by and between XXXXXX INVESTMENT SERIES TRUST, an Ohio business trust (the “Trust”), and XXXXXX INVESTMENT CORPORATION, an Indiana corporation (the “Advisor”).
RECITALS
WHEREAS, the parties have entered into the Agreement; and
WHEREAS, the parties desire to modify the Exhibit to the Agreement to add two (2) Funds; and
WHEREAS, the Agreement allows for an amendment by a written instrument executed by both parties.
NOW, THEREFORE, the parties agree as follows:
Exhibit of the Agreement is hereby superseded and replaced with Amended Exhibit attached hereto.
Except to the extent amended hereby, the 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.
XXXXXX INVESTMENT SERIES TRUST
XXXXXX INVESTMENT CORPORATION
By:/s/ Xxxx X. Xxxxxx
By:/s/ Xxxx X. Xxxxxx
Xxxx X. Xxxxxx, Trustee
Xxxx X. Xxxxxx, President
Dated:
December 1, 2019
Dated: December 1, 2019
EXHIBIT TO THE ADMINISTRATION AGREEMENT
XXXXXX INVESTMENT SERIES TRUST
Fund | Administration Fee* |
Xxxxxx Balanced Fund Xxxxxx Stock Fund Xxxxxx Income Fund Xxxxxx Dividend Growth Fund Xxxxxx Focus Fund Xxxxxx Multi Cap Fund | 0.50% assets under $50 Million 0.07% assets - $50 Million and $100 Million 0.05% of assets - $100 Million and $150 Million 0.03% of assets - over $150 Million (Minimum monthly fee of $2,500) |
*Percent of average daily net assets
