AND RESTATED SCHEDULE A AND SCHEDULE B DATED AS OF OCTOBER 24, 2006 TO INVESTMENT ADVISORY AGREEMENT DATED AS OF JUNE 15, 2005 BETWEEN CRM MUTUAL FUND TRUST AND CRAMER ROSENTHAL MCGLYNN, LLC
Exhibit d(3)
AND RESTATED
SCHEDULE A AND SCHEDULE B
DATED AS OF OCTOBER 24, 2006
TO
DATED AS OF JUNE 15, 2005
BETWEEN
AND
XXXXXX XXXXXXXXX XXXXXXX, LLC
Schedule A and Schedule B to the Investment Advisory Agreement between CRM Mutual Fund Trust
and Xxxxxx Xxxxxxxxx XxXxxxx, LLC dated as of June 15, 2005 are hereby amended and restated as of
the date set forth above as follows:
SCHEDULE A
TO
BETWEEN
AND
XXXXXX XXXXXXXXX XXXXXXX, LLC
Name of Funds
CRM Small Cap Value Fund
CRM Small/Mid Cap Value Fund
CRM Mid Cap Value Fund
CRM Mid/Large Cap Value Fund
CRM All Cap Value Fund
-2-
SCHEDULE B
TO
BETWEEN
AND
XXXXXX XXXXXXXXX XXXXXXX, LLC
Fee Schedule
| Fund | Annual Fee as a % of | |
| Average Daily Net Assets | ||
CRM Small Cap Value Fund
|
.75% of the Fund’s first $1 billion of average daily net assets; .70% of the Fund’s next $1 billion of average daily net assets; and .65% of the Fund’s average daily net assets over $2 billion. | |
CRM Small/Mid Cap Value Fund
|
.75% of the Fund’s first $1 billion of average daily net assets; .70% of the Fund’s next $1 billion of average daily net assets; and .65% of the Fund’s average daily net assets over $2 billion. | |
CRM Mid Cap Value Fund
|
.75% of the Fund’s first $1 billion of average daily net assets; .70% of the Fund’s next $1 billion of average daily net assets; and .65% of the Fund’s average daily net assets over $2 billion. | |
CRM Mid/Large Cap Value Fund
|
.75% of the Fund’s first $1 billion of average daily net assets; .70% of the Fund’s next $1 billion of average daily net |
-3-
| Fund | Annual Fee as a % of | |
| Average Daily Net Assets | ||
| assets; and .65% of the Fund’s average daily net assets over $2 billion. | ||
CRM All Cap Value Fund
|
.95% of the Fund’s first $1 billion of average daily net assets; .90% of the Fund’s next $1 billion of average daily net assets; and .85% of the Fund’s average daily net assets over $2 billion. |
-4-
IN WITNESS WHEREOF the parties have caused this instrument to be signed on their behalf by
their respective officers thereunto duly authorized, and their respective seals to be hereunto
affixed, all as of the date first written above.
| CRM MUTUAL FUND TRUST |
||||
| By: | /s/ Xxxxxx X. XxXxxxx | |||
| Name: | Xxxxxx X. XxXxxxx | |||
| Title: | Chief Executive Officer | |||
| XXXXXX XXXXXXXXX XXXXXXX, LLC |
||||
| By: | /s/Xxxxxx Xxxx | |||
| Name: | Xxxxxx Xxxx | |||
| Title: | Chief Financial Officer | |||
-5-
