Mr. Richard C. Barrett, Chairman
Exhibit (h)(4)
September 15, 2009
▇▇. ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, Chairman
▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇
▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇
Re: Stonebridge Funds Trust (the “Trust”)
Dear ▇▇. ▇▇▇▇▇▇▇:
By our execution of this letter agreement (the “Agreement”), ALPS Fund Services, Inc. (“ALPS”), to improve the performance of the Trust’s portfolios, hereby agrees to temporarily reduce the minimum administration fees it is entitled to receive pursuant to Section 2 of the Administration Agreement dated as of November 2, 1998 between the Trust and ALPS, as follows for the fiscal year ending October 31, 2010:
|
|
|
Contractual Minimum |
|
Reduced Minimum |
|
|
Portfolio |
|
Administration Fee |
|
Administration Fee |
|
|
Institutional Small-Cap Growth Fund |
|
$6,250/month |
|
$5,375/month |
|
|
|
|
|
|
|
|
|
Small-Cap Growth Fund |
|
$6,250/month |
|
$5,375/month |
|
ALPS acknowledges that it will not be entitled to collect on or make a claim for the administration fees it would have received but for this reduction at any time in the future. ALPS agrees to continue such waivers for the portfolios through the end of the fiscal year October 31, 2010.
ALPS FUND SERVICES, INC.
|
By: |
/s/ ▇▇▇▇▇▇ ▇▇▇ |
|
|
Name: |
▇▇▇▇▇▇ ▇▇▇ |
|
Title: |
Managing Director of Operations & Client Services |
|
Your signature below acknowledges
Acceptance of this Agreement:
|
By: |
/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ |
|
|
Name: |
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ |
|
Title: |
Chairman, Stonebridge Funds Trust |
|