EXHIBIT 23(h)(4)(e)
AMENDED AND RESTATED SCHEDULE B
TO THE FUND ACCOUNTING AGREEMENT BETWEEN
FIRST PACIFIC MUTUAL FUND, INC.
AND
ULTIMUS FUND SOLUTIONS, LLC
Dated January 2, 2002
Intending to be legally bound, the undersigned hereby amend and restate Schedule
B to the aforesaid Agreement to amend the Fees and Expenses Schedule as of
______________, 2011:
FEES AND EXPENSES SCHEDULE
--------------------------
FEES:
Xxxxxxx shall be entitled to receive a fee from the Fund, on behalf of
each Portfolio, on the first business day following the end of each month, or at
such time(s) as Ultimus shall request and the parties hereto shall agree, a fee
computed as follows for each Portfolio:
Base fee per year = $36,000, ($3,000 per month), plus
Asset based fee of:
Average Daily Net Assets Asset Based Fee
First $500 million .010%
In excess of $500 million .005%
The base fee above will be reduced to $1,500 for the first month and $2,000 for
the second and third months of the First Pacific Low Volatility Fund's
operations.
The above base fee assumes two Portfolios, each with a single class of
shares. For a Portfolio with more than one class of shares, Xxxxxxx charges an
additional $500 per month for each additional class of shares.
For Performance Reporting (including After-Tax Performance Reporting),
Xxxxxxx charges each Portfolio a fee of $250 per month.
OUT-OF-POCKET EXPENSES:
The fees set forth above shall be in addition to the payment of out-of-
pocket expenses, as provided for in Section 4 of this Agreement.
First Pacific Mutual Fund, Inc. Ultimus Fund Solutions, LLC
By: ____________________________ By: ___________________________
Title:____________________________ Title:__________________________
