EXHIBIT (8)(C)
CUSTODIAN AGREEMENT
REVISED FEE SCHEDULE
as of March 1, 1997
Firstar Trust Company
P.O. Box 701
Milwaukee, WI 53201
Gentlemen:
You currently provide custodian services to the Money Market Fund,
Tax-Exempt Money Market Fund, U.S. Government Money Market Fund, U.S. Treasury
Money Market Fund, Institutional Money Market Fund, Short-Term Bond Market Fund,
Intermediate Bond Market Fund, Tax-Exempt Intermediate Bond Fund, Bond IMMDEX/TM
Fund, Balanced Fund, Growth and Income Fund, Equity Index Fund, MidCore Growth
Fund, Special Growth Fund, MicroCap Fund, and International Equity Fund (the
"Funds") of Portico Funds, Inc. (the "Company") pursuant to a Custodian
Agreement dated July 29, 1988 as amended (the "Agreement"). Pursuant to
Paragraph 12 of the Agreement, your compensation for the services provided to
the Funds under the Agreement shall be determined in accordance with the Fee
Schedule attached hereto.
Please sign two copies of this letter where indicated to signify your
agreement to the compensation terms set forth on the attached Fee Schedule for
the Funds.
Sincerely,
Dated: March 1, 1997 PORTICO FUNDS, INC.
BY: /s/ Xxxx Xxxxx Xxxxxx
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Title: Authorized Officer
ACKNOWLEDGED AND AGREED:
FIRSTAR TRUST COMPANY
By: /s/ Xxxxxx Xxxxxxxxx Dated: March 1, 1997
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Title: Vice President
FIRSTAR TRUST COMPANY
MUTUAL FUND SERVICES
MUTUAL FUND CUSTODIAL AGENT SERVICE ANNUAL FEE SCHEDULE
FOR
PORTICO FUNDS, INC.
as of March 1, 1997
Annual Fee Schedule - Applied to Portico total assets at the following rate:
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0.02% on first $2 billion
0.015% on next $2 billion
0.01% on balance in excess of $4 billion
Investment Transaction Fees - Applied to each Portico Fund listed below*:
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$12.00 per Book Entry Securities (Depository or Federal Reserve System)
$25.00 per Definitive Security (Physical)
$75.00 per Euroclear
$ 8.00 per Principal reduction on pass-through certificates
$35.00 per Option/Futures Contract
$10.00 per Variation margin transaction
$25.00 per Mutual Fund trade
$12.00 per Federal wire deposit or withdrawal
$12.00 per Commercial Paper
$12.00 per Repurchase Agreement
Extraordinary expenses based on time and complexity involved.
Out-of-Pocket Expenses: Charged on the account
Fees are billed monthly based on the net asset value at the beginning of the
month.
*List of Portico Funds
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Money Market Fund Tax-Exempt Money Market Fund
U.S. Government Money Market Fund U.S. Treasury Money Market Fund
Institutional Money Market Fund Short-Term Bond Market Fund
Intermediate Bond Market Fund Tax-Exempt Intermediate Bond Fund
Bond IMMDEX/TM Fund Balanced Fund
Growth & Income Fund Equity Index Fund
MidCore Growth Fund Special Growth Fund
MicroCap Fund International Equity Fund
