Exhibit (H)(3)
Amendment No. 1 to Administrative Services Agreement
Effective May 13, 2002, Xxxxxx Xxxxxx Investment Trust, a Massachusetts business
trust (the "Trust"), and Xxxxxx, Xxxxxx & Company, L.P., a Delaware limited
partnership ("Xxxxxx"), hereby agree that Section 3(a) of the Administrative
Services Agreement (the "Agreement") dated May 16, 2000, by and between the
Trust and Xxxxxx is hereby amended to state:
"For the services provided by Xxxxxx hereunder, the Trust
shall pay Xxxxxx a monthly administrative fee at the annual
rate of .035% of each Fund's average daily net assets."
All other provisions of the Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment No. 1 on the
day and year first above written.
XXXXXX XXXXXX INVESTMENT TRUST,
By: /s/XXXXXX X. XXXX
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Xxxxxx X. Xxxx
President
XXXXXX, XXXXXX & COMPANY, L.P.,
By: XXXXXX, XXXXXX & COMPANY, INC.,
Its General Partner,
By: /s/XXXX X. XXXXXXX
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Xxxx X. Xxxxxxx
Vice President
A copy of the Agreement and Declaration of Trust establishing the Trust is on
file with the Secretary of State of the Commonwealth of Massachusetts, and
notice is hereby given that this Agreement is executed with respect to the Trust
by officers of the Trust as officers and not individually and that the
obligations of or arising out of this Agreement are not binding upon any of the
Trustees, officers, or shareholders individually, but are binding only upon the
assets and property belonging to the Trust.
