AMENDMENT TO THE PROFESSIONALLY MANAGED PORTFOLIOS FUND ACCOUNTING SERVICING AGREEMENT
AMENDMENT
TO THE
THIS AMENDMENT dated as of the
___ day of __________, 2009, to the Fund Accounting Servicing Agreement, dated
as of June 22, 2006, as amended, (the "Fund Accounting Agreement"), is entered
into by and between Professionally Managed
Portfolios, a Massachusetts business trust (the "Trust"), on behalf of
its separate series, the Jordan
Opportunity Fund and U.S. Bancorp Fund Services, LLC,
a Wisconsin limited liability company ("USBFS").
RECITALS
WHEREAS, the parties have
entered into a Fund Accounting Agreement; and
WHEREAS, the parties desire to
amend the series of the Trust to add a fund; and
WHEREAS, Section 15 of the
Fund Accounting Agreement allows for its amendment by a written instrument
executed by both parties.
NOW, THEREFORE, the parties
agree as follows:
Exhibit S
to the Agreement is hereby added and attached hereto.
Except to
the extent amended hereby, the Fund Accounting Agreement shall remain in full
force and effect.
IN WITNESS WHEREOF, the
parties hereto have caused this Amendment to be executed by a duly authorized
officer on one or more counterparts as of the date and year first written
above.
| PROFESSIONALLY MANAGED | U.S. BANCORP FUND SERVICES, LLC |
| PORTFOLIOS | |
| By: ______________________________ | By: ________________________________ |
| Name: Xxxxxx X. Xxxxxx | Name: Xxxxxxx X. XxXxx |
| Title: President | Title: Executive Vice President |
1
Exhibit
S
to
the
| Name of Series |
Date
Added
|
| Jordan Opportunity Fund |
on or after
__________, 2009
|
|
Multiple
Series Trust
FUND
ACCOUNTING SERVICES
FEE
SCHEDULE at ________, 2009
|
|
Annual Fund Accounting Fee Per
Fund*
Base
fee on the first $100 million
plus
1.50 basis point
on the balance
Annual
Base Fee on First $50Million Per
Fund*
$36,000 per
domestic equity fund, $30,000 for each
additional fund
$40,000 per
domestic balanced fund, $34,000 for each
additional fund
$42,000 per
domestic fixed income or money market fund, $36,000 for each
additional fund
$46,000 per
international or global equity funds, $40,000 for each
additional fund
Plus
Out-Of-Pocket Expenses – Including but not limited to pricing
services, corporate action services, fair value pricing services, factor
services, customized reporting, and all other out-of-pocket
expenses.
· Pricing
Services
· $.15 Domestic
and Canadian Equities
· $.15 Options
· $.50 Corp/Gov/Agency
Bonds
· $.80 CMO's
· $.50 International
Equities and Bonds
· $.80 Municipal
Bonds
· $.80 Money
Market Instruments
· $125 /Fund/Month
- Mutual Fund Pricing
· $2.00/Foreign
Equity Security/Month for Corporate Action Service
· $125 /Month
Manual Security Pricing (>10/day)
· Factor
Services (BondBuyer)
· $1.50
/CMO/Month
· $.25 /Mortgage
Backed/Month
· $300 /Month
Minimum Per Fund Group
· Fair
Value Services (FT Interactive)
· $.60 on the first
100 securities per day
· $.44 on the
balance of securities per day
Additional
Services – Above pricing is for standard
services. Available but not included above are the following
services – multiple class funds, master feeder products, international
income funds, funds with multiple advisors/sub-advisors.
Fees
are billed monthly.
*
Subject to annual CPI increase, Milwaukee
MSA.
|
Advisor’s
Signature below acknowledges approval of the fee schedule above.
Windowpane
Advisors, L.L.C.
By:_______________________________
Name:____________________________
Title:_____________________________ Date:_____________________________
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