SECOND AMENDMENT TO THE TRANSFER AGENT SERVICING AGREEMENT
SECOND AMENDMENT TO THE
THIS SECOND AMENDMENT dated as of August 31, 2010, to the Transfer Agent Servicing Agreement, dated as of August 15, 2005, as amended August 12, 2008 (the "Agreement"), is entered into by and among Xxxxxx X. Xxxxx & Co. Incorporated, a Wisconsin corporation (the "Advisor"), Baird Funds, Inc., a Wisconsin corporation (the “Company”) and U.S. Bancorp Fund Services, LLC, a Wisconsin limited liability company ("USBFS").
RECITALS
WHEREAS, the parties have entered into an Agreement; and
WHEREAS, the parties desire to amend the Agreement; and
WHEREAS, Section 12 of the Agreement allows for its amendment by a written instrument executed by the parties.
NOW, THEREFORE, the parties agree as follows:
The term of the Agreement is extended through August 31, 2013.
Exhibit A of the Agreement is hereby superseded and replaced with Amended Exhibit A attached hereto.
Exhibit C of the Agreement is hereby superseded and replaced with Amended Exhibit C attached hereto.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 Second Amendment to be executed by a duly authorized officer on one or more counterparts as of the date and year first written above.
BAIRD FUNDS, INC. U.S. BANCORP FUND SERVICES, LLC
By: /s/ Xxxx Xxxxx Xxxxxx By: /s/ Xxxxxxx X. XxXxx
Name: Xxxx Xxxxx Xxxxxx Name: Xxxxxxx X. XxXxx
Title: President Title: Executive Vice President
XXXXXX X. XXXXX & CO. INCORPORATED
By: /s/ Xxxxxxx X. Xxxxx
Name: Xxxxxxx X. Xxxxx
Title: Managing Director
1
Amended Exhibit A
to the
Fund Names
Separate Series of Funds
Advisor
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Name of Series
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Date Added
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Xxxxx Intermediate Bond Fund
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September 29, 2000
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Xxxxx Core Plus Bond Fund
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September 29, 2000
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Xxxxx Aggregate Bond Fund
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September 29, 2000
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Xxxxx Short-Term Bond Fund
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September 29, 2000
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Xxxxx Intermediate Municipal Bond Fund
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September 29, 2000
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Company
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Name of Series
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Date Added
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Baird LargeCap Fund
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September 29, 2000
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Xxxxx XxxXxx Fund
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December 29, 2000
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2
Amended Exhibit C to the Transfer Agent Servicing Agreement – Baird Funds, Inc.
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TRANSFER AGENT & SHAREHOLDER SERVICES
ACCOUNT SERVICES FEE SCHEDULE
Effective September 1, 2010
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Annual Service Charges to the Fund
§ Annual Minimum Per CUSIP $____ /year
§ No-Load Fund Accounts $____ /open account
§ Load Fund Accounts $____ /open account
§ Daily Accrual Fund Accounts (Not Applicable) $____ /open account
§ Closed Accounts $____ /closed account
Activity Charges
§ Telephone Calls$____ /minute
§ Voice Response Calls$____ /call
§ AML New Account Service:$____ annual base fee
$____/new domestic accounts
$____/new foreign account
$____/new account verification
CUSIP Setup Charge
§ $____ /CUSIP
Out-Of-Pocket Expenses
Including but not limited to telephone toll-free lines, call transfers, mailing, sorting and postage, stationery, envelopes, service/data conversion, AML verification services, special reports, record retention, processing of literature fulfillment kits, lost shareholder search, disaster recovery charges, ACH fees, Fed wire charges, NSCC charges, voice response (VRU) maintenance and development, data communication and implementation charges, and travel.
Additional Services*
Available but not included above are the following services - FAN Web shareholder e-commerce, FAN Mail electronic data delivery, Vision intermediary e-commerce, client Web data access (MFx Portal), client dedicated line data access, programming charges, training, Short-Term Trader reporting, cost basis reporting, Excessive Trader, 12b-1 aging, investor e-mail services, dealer reclaim services, shareholder performance statements, Same Day Cash Flow System, money market fund service organizations, charges paid by investors, literature fulfillment, physical certificate processing, Jumbo pricing, expedited CUSIP setup, sales reporting & 22c-2 reporting (MARS), electronic statements (Informa), and additional services mutually agreed upon.
Fees are billed monthly.
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3
Amended Exhibit C to the Transfer Agent Servicing Agreement
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TRANSFER AGENT & SHAREHOLDER SERVICES
SUPPLEMENTAL SERVICES FEE SCHEDULE*
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Vision Mutual Fund Gateway
Permits broker/dealers, financial planners, and RIAs to use a web-based system to perform order and account inquiry, execute trades, print applications, review prospectuses, and establish new accounts.
§ Inquiry Only
− Inquiry - $____ /event
− Per broker ID - $____ /month per ID
§ Transaction Processing (Not Applicable)
− Implementation - $____ /management company
− Transaction – purchase, redeem, exchange, literature order - $____ /event
− New Account Setup – $____ /event
− Monthly Minimum Charge - $____ /month
Cost Basis Reporting – Annual reporting of shareholder cost basis for non-fiduciary direct accounts based upon an average cost single category basis calculation.
§ $____ /direct open account per year
Literature Fulfillment Services
§ Inbound Teleservicing Only
− Account Management, lead reporting and database administration - $____ /month
− Call Servicing - $____ /minute
Client Web Data Access
USBFS client on-line access to fund and investor data through USBFS technology applications and data delivery and security software.
§ Setup: MFx Portal - $____ (Not Applicable)
§ Service - $____/ month**
§ Access to the following systems included:
− BDS – Statement Storage and Retrieval
− **ReportSource only – Mainframe T/A Report Library
− T/A Imaging – Thin Client AWD
− FundSource – Comprehensive Fund Information
− 3270 – T/A Mainframe Access
§ Custom Electronic File Exchange (DDS of delivery of TIP files) - $____ one time setup fee
- $____ /file per month maintenance fee
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