FIRST AMENDMENT TO THE FUND ADMINISTRATION SERVICING AGREEMENT
FIRST AMENDMENT TO THE
THIS FIRST AMENDMENT effective as of June 1, 2015, to the Fund Administration Servicing Agreement, dated as of January 18, 2010 (the “Agreement”), is entered into by and between TRUST FOR PROFESSIONAL MANAGERS, a Delaware business trust, (the “Trust”) on behalf of the XXXXXX FUNDS (the “Funds”) and U.S. BANCORP FUND SERVICES, LLC, a Wisconsin limited liability company (“USBFS”).
RECITALS
WHEREAS, the parties have entered into the Agreement; and
WHEREAS, the parties desire to amend the fees of the agreement; and
WHEREAS, Section 11 of the Agreement allows for its amendment by a written instrument executed by both parties.
NOW, THEREFORE, the parties agree as follows:
Exhibit B of the Agreement is hereby superseded and replaced with Amended
Exhibit B 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 First Amendment to be executed by a duly authorized officer on one or more counterparts as of the date and year first written above.
TRUST FOR PROFESSIONAL MANAGERS U.S. BANCORP FUND SERVICES, LLC
By: /s/ Xxxx X. Xxxxxx By: /s/ Xxxxxxx X. XxXxx
Printed Name: Xxxx X. Xxxxxx Printed Name: Xxxxxxx X. XxXxx
Title: President Title: Executive Vice President
Xxxxxx
Amended Exhibit B
Xxxxxx Value Fund FUND ADMINISTRATION SERVICES ANNUAL FEE SCHEDULE at January, 2010 | |
Annual fee based upon assets per fund* ___ basis points on the first $___ ___ basis points on the next $___ ___ basis points on the next $___ ___ basis points on the balance Minimum annual fee: $___ | Extraordinary services - quoted separately Plus out-of-pocket expenses, including but not limited to: Postage, Stationery Programming, Special Reports Proxies, Insurance XXXXX filing Retention of records Federal and state regulatory filing fees Certain insurance premiums Expenses from board of directors meetings Auditing and legal expenses Blue Sky conversion expenses (if necessary) All other out-of-pocket expenses *Fees are billed monthly. |
Advisor’s signature below acknowledges approval of the fee schedule on this Amended Exhibit X.
Xxxxxx Investment Management, Inc.
By: /s/ Xxxxxx XxXxxx
Name: Xxxxxx XxXxxx
Title: President Date: 3/31/2015
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Xxxxxx
Amended Exhibit B (continued)
Xxxxxx Value Fund CHIEF COMPLIANCE OFFICER SERVICES ANNUAL FEE SCHEDULE at June 1, 2015 |
Chief Compliance Officer Annual Fees (Per Advisor Relationship per Fund)* - $____ for the first fund (subject to Board approval) - $____ for each additional fund (subject to change based on Board review and approval) - $____ per sub-advisor per fund * Subject to annual CPI increase - All Urban Consumers - U.S. City Average. Fees are calculated pro rata and billed monthly. Out-Of-Pocket Expenses Including but not limited to CCO team travel related costs to perform due diligence reviews at advisor or sub-advisor facilities. |
Advisor’s signature below acknowledges approval of the fee schedule on this Amended Exhibit X.
Xxxxxx Investment Management, Inc.
By: /s/ Xxxxxx XxXxxx
Name: Xxxxxx XxXxxx
Title: President _ Date: 3/31/2015 ________________
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Xxxxxx
