Exhibit (9)(ae)
SHAREHOLDER SERVICING AGENT AGREEMENT
(Addition of the Emerging Growth Fund)
Firstar Trust Company
X.X. Xxx 0000
Xxxxxxxxx, XX 00000
Gentlemen:
Pursuant to Paragraph 7 of the Shareholder Servicing
Agent Agreement dated as of March 23, 1988 and amended as of May
1, 1990, between you and Portico Funds, Inc. (formerly, Elan
Funds, Inc.) (the "Company"), the Company requests that you
render services as Shareholder Servicing Agent under the terms of
said agreement with respect to the Emerging Growth Fund, one
additional portfolio the Company is establishing. Your
compensation for the services provided under said agreement for
said additional portfolio 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 so serve as Shareholder Servicing
Agent for the Emerging Growth Fund and to the compensation terms
set forth on the attached fee schedule for the new Fund, which
terms are to become effective as of the date set forth below.
Sincerely,
Dated: , 1997 PORTICO FUNDS, INC.
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By:
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(Authorized Officer)
ACKNOWLEDGED AND AGREED:
FIRSTAR TRUST COMPANY
By: Dated: , 1997
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(Authorized Officer)
FIRSTAR TRUST COMPANY
MUTUAL FUND SHAREHOLDER SERVICES
FOR
PORTICO FUNDS, INC.
Emerging Growth Fund
Annual Fee Schedule
$15.00 per Shareholder account
$ 5.00 per telephone exchange
$12.00 per wire transfer
Minimum annual fee of $24,000 per Fund.
Account fees shall be waived on the initial 800 accounts per
series.
Fees billed monthly.
Plus out-of-pocket expenses including, but not limited to:
- Telephone--Toll-free lines
- Postage
- Programming
- Stationery/Envelopes
- Mailing
- Proxies
- Insurance
- Retention of Records
- Microfilm/Microfiche of Records
- Special Reports
- All other out-of pocket expenses
Plus, with respect to Two-Dimensional Transaction:
$1.00 per shareholder account to set-up
$1.00 per shareholder account to alter
AUTOMATIC INVESTMENT PLAN PROCESSING
$125.00 per cycle
$ 0.50 per account set-up and/or change
$ 0.50 per item for AIP purchases
$ 3.50 per correction, reversal or return item
