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Exhibit 24(b)(9)(a)(i)
THE KENT FUNDS
X.X. XXX 000000
XXXXXXXX, XXXX 00000-0000
May 1, 1997
BISYS Fund Services
Limited Partnership
0000 Xxxxxxx Xxxx
Xxxxxxxx, Xxxx 00000
Attn: J. Xxxxx Xxxxx
Re: The Kent Funds (the "Trust")
Dear Xx. Xxxxx:
The Trust hereby requests, pursuant to the Administration Agreement dated
August 5, 1996 ("Agreement") between BISYS Fund Services Limited Partnership
("BISYS LP") and the Trust, that BISYS LP perform for the following newly
created portfolio of the Trust the services described in the Agreement. The
compensation to be paid by such portfolio to BISYS LP for its services is the
portfolio's pro rata share of the amount set forth below, subject to the annual
minimum fee for such portfolio that is set forth below:
COMPENSATION - ANNUAL FEE AS A
PORTFOLIO PERCENTAGE OF THE TRUST'S
AVERAGE DAILY NET ASSETS
The Kent Government .185% of the Trust's average daily net assets up to
Money Market Fund $5 billion; .165% of the Trust's average daily net assets
in excess of $5 billion up to $7.5 billion; .135% of the
Trust's average daily net assets in excess of
$7.5 billion; subject to an annual minimum fee for
such portfolio of $45,000.
Please acknowledge your consent to the above by signing and returning this
letter to the Trust.
Very truly yours,
THE KENT FUNDS
By: ____________________
Title: _________________
Agreed to and Accepted:
BISYS FUND SERVICES LIMITED
PARTNERSHIP
By: BISYS Fund Services, Inc.,
General Partner
By: _________________________
Title: ______________________
