INVESTMENT ADVISORY AGREEMENT Calvert Investment Management, Inc. Calvert Social Investment Fund REVISED AND RESTATED SCHEDULE A
Xxxxxxx Investment Management, Inc.
Xxxxxxx Social Investment Fund
REVISED AND RESTATED SCHEDULE A
As compensation pursuant to Section 4 of the Investment Advisory Agreement between Xxxxxxx Investment Management, Inc. (formerly Xxxxxxx Asset Management Company, Inc.)(the "Advisor") and Xxxxxxx Social Investment Fund dated March 1, 1999, the Advisor is entitled to receive from each Portfolio an annual advisory fee (the "Fee") as shown below. The Fee shall be computed daily and payable monthly, based on the average daily net assets of the appropriate Portfolio.
Xxxxxxx Money Market Portfolio: |
0.30% |
|
|
Xxxxxxx Balanced Portfolio*: |
0.425% on the first $500 million |
|
0.40% on the next $500 million |
|
0.375% over $1 billion |
*Effective June 3, 2008, the Advisor xxxxxx agrees to voluntarily waive five basis points of its annual advisory fee, as computed daily and payable monthly, based on the average daily net assets of the Portfolio under management by New Amsterdam Partners, LLC in excess of Two Hundred and Fifty Million Dollars ($250 Million).
This waiver is voluntary on the part of the Advisor, and is contingent upon the continued service of New Amsterdam Partners, LLC as the subadvisor to a portion of the equity assets of the Portfolio for an annual fee of 25 basis points on assets up to $250 million and 20 basis points for assets in excess of $250 million.
Xxxxxxx Bond Portfolio: |
0.35% on the first $1 billion |
0.325% on assets in excess of $1 billion |
|
|
|
Xxxxxxx Equity Portfolio*: |
0.50% on the first $2 billion |
|
0.475% on the next $1 billion |
|
0.45% over $3 billion |
*Effective June 1, 2011, the Advisor xxxxxx agrees to voluntarily waive 5 basis points on assets under management between $2 billion and $3 billion and 7.5 basis points on assets under management over $3 billion of its annual advisory fee, as computed daily and payable monthly, based on the average daily net assets of the Portfolio under management by Atlanta Capital Management, LLC.
This waiver is voluntary on the part of the Advisor, and is contingent upon the continued service of Atlanta Capital Management, LLC as the subadvisor to the Portfolio for an annual fee of 30 basis points on the first $2 billion, 25 basis points on the next $1 billion, and 22.5 basis points on assets over $3 billion.
|
0.60% on the first $250 million |
|
0.55% over $250 million |
*Effective June 2, 2009, the Advisor xxxxxx agrees to waive 0.10% of its advisory fee, as computed daily and payable monthly, based on the average daily net assets of the Portfolio. The Advisor may cease this waiver at any time.
Xxxxxxx Conservative Allocation Fund: |
0.00% |
Xxxxxxx Moderate Allocation Fund: |
0.00% |
Xxxxxxx Aggressive Allocation Fund: |
0.00% |
Revised June 1, 2011
XXXXXXX SOCIAL INVESTMENT FUND
By: /s/Xxxxxxx X. Xxxxxxxxx
Name: Xxxxxxx X. Xxxxxxxxx
Title: Vice President and Secretary
Xxxxxxx INVESTMENT Management, INC.
By: /s/Xxxxxx X. Xxxxxxxxxxx
Name: Xxxxxx X. Xxxxxxxxxxx
Title: Chief Financial and Administrative Officer
and Senior Vice President