IRONBRIDGE FUNDS, INC. FORM OF THIRD AMENDMENT TO THE FUND ADMINISTRATION SERVICING AGREEMENT
FORM OF THIRD AMENDMENT TO THE FUND ADMINISTRATION
THIS THIRD AMENDMENT dated as of the 17th day of July, 2013, to the Fund Administration Servicing Agreement, dated as of May 21, 2010, as amended October 11, 2010 and October 18, 2011 (the "Agreement"), is entered into by and between IRONBRIDGE FUNDS, INC., a Maryland corporation (the "Company") and U.S. BANCORP FUND SERVICES, LLC, a Wisconsin limited liability company (the "Company").
RECITALS
WHEREAS, the parties have entered into the Agreement; and
WHEREAS, the Company and USBFS desire to amend the fees of the Agreement; and
WHEREAS, Section 10 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Exhibit B of the Agreement is hereby superseded and replaced in its entirety with Amended Exhibit B attached hereto.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 Third Amendment to be executed by a duly authorized officer on one or more counterparts as of the date and year first written above.
| IRONBRIDGE FUNDS, INC. | U.S. BANCORP FUND SERVICES, LLC |
| By: ________________ | By: ______________________ |
| Name: Xx X. Xxxxx | Name: Xxxxxxx X. XxXxx |
| Title: Chief Financial Officer | Title: Executive Vice President |
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Amended Exhibit B to the
Fund Administration Servicing Agreement – IronBridge Funds, Inc.
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FUND ACCOUNTING AND FUND ADMINSTRATION SERVICES
ANNUAL FEE SCHEDULE at August 1, 2013
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Annual fee based upon assets per Fund Complex*
___ of 1% (___basis points) on first $___ billion per Fund Family*
___of 1% (___ basis points) over $___ billion per
Fund Family
Xxxxxxx River (Daily Compliance) - $___/Fund
Minimum Annual Fee of $___/Fund in Fund Family
Plus out-of-pocket expenses, including but not limited to:
¨ Postage, Stationery
¨ Programming, Special Reports
¨ Proxies, Insurance
¨ XXXXX filing – Approx. $___/page
¨ 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)
¨ Gainskeeper
¨ Fair Value Pricing Services
¨ All other out-of-pocket expenses
CCO Services $___ annual for each Fund Accounting and Fund Administration.
*Subject to CPI increase
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Extraordinary services – quoted separately
Conversion Estimate – one month’s fee (if necessary)
Annual Legal Administration – Add the following for legal administration services in support of external legal counsel, including annual registration statement update and drafting of supplements:
§ $___additional minimum
Additional Services:
§ New fund launch – as negotiated based upon specific requirements
§ Subsequent new fund launch – $___/project
§ Subsequent new share class launch – $___ /project
§ Multi-managed funds – as negotiated based upon specific requirements
§ Proxy – as negotiated based upon specific requirements
§ Expedited filings – as negotiated based upon specific requirements
§ Asset conversion – as negotiated based upon specific requirements
§ Fulcrum fee – as negotiated based upon specific requirements
§ Exemptive applications – as negotiated based upon specific requirements
NOTE – All schedules subject to change depending upon the use of derivatives – options, futures, short sales, etc.
All fees are billed monthly plus out-of-pocket expenses, including pricing service:
$___Domestic and Canadian Equities
$___Options
$___Corp/Gov/Agency Bonds
$___CMO's
$___International Equities
$___Futures
$___International Bonds
$___Foreign Currency
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Amended Exhibit B (continued) to the Fund
Administration Servicing Agreement -
$___Municipal Bonds
$___Money Market Instruments
$___/Fund/Day – Bank Loans
$___/Fund/Day – Credit Default Swaps
$___/Fund/Day – Basic Interest Rate Swaps
$___ Per fund per month - Mutual Funds
Fair Value Services (FT Interactive)
$___on the First 100 Securities/Day
$___on the Balance of Securities/Day
Corporate Action Services
$___Per equity security per month
Manual Security Pricing
$___ per month – greater than 10/day
Factor Services (BondBuyer)
¨ Per CMO - $___/month
¨ Per Mortgage Backed - $___/month
¨ Minimum - $___/month
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