Operating Expenses Limitation Agreement
Appendix A
to
Series of Professionally Managed Portfolios
|
Operating Expense Limit
(% of average daily net assets) |
|
Congress Large Cap Growth Fund
|
||
Retail Class
|
1.20%
|
|
Institutional Class
|
0.95%
|
|
Congress All Cap Opportunity Fund
|
||
Retail Class
|
1.25%
|
|
Institutional Class
|
1.00%
|
|
Congress Mid Cap Growth Fund
|
||
Retail Class
|
1.10%
|
|
Institutional Class
|
0.85%
|
|
Congress Small Cap Growth Fund
|
||
Retail Class
|
1.55%
|
|
Institutional Class
|
1.30%
|
Originally approved by the Board of Trustees: February 24, 2009
Revised Appendix:
· |
March 8, 2010 to reduce the expense limit for the Large Cap Growth Fund
|
· |
August 14, 2012 to add the All Cap Opportunity Fund and Mid Cap Growth Fund
|
· |
March 2, 2017 to increase the expense limits for the Large Cap Growth Fund, All Cap Opportunity Fund and Mid Cap Growth Fund
|
· |
May 25, 2017 to add the Small Cap Growth Fund
|
CONGRESS ASSET MANAGEMENT COMPANY
|
||||
By:
|
By:
|
|||
Name: Xxxxxx X. Xxxxxxxx
|
Name: Xxxxxx X. Xxxxx
|
|||
Title: President and Secretary
|
Title: President
|
Effective Date: [_____________, 2017]