AMENDMENT TO ADMINISTRATION, BOOKKEEPING AND PRICING SERVICES AGREEMENT
AMENDMENT TO ADMINISTRATION, BOOKKEEPING AND PRICING SERVICES AGREEMENT
This Amendment dated as of August 6, 2013 (this “Amendment”) is to the Administration, Bookkeeping and Pricing Services Agreement dated July 30, 2013 (the “Agreement”), by and between ALPS Series Trust (the “Trust”), organized as a Delaware statutory trust, on behalf of the GKE Asian Opportunities Fund (the “Fund”), a series of the Trust, and ALPS Fund Services, Inc. a Colorado corporation (“ALPS”).
WHEREAS, the Trust and ALPS wish to amend the Agreement in certain respects as more fully set forth below effective as of the date of this Amendment.
NOW, THEREFORE, in consideration of the premises and mutual covenants hereinafter contained, the parties hereto agree as follows:
1. Effective as of the date of this Amendment, APPENDIX C (COMPENSATION) of the Agreement is deleted in its entirety and replaced with the APPENDIX C (COMPENSATION) attached hereto and incorporated by reference herein.
2. Except as specifically set forth herein, all other provisions of the Agreement shall remain in full force and effect. Any items not herein defined shall have the meaning ascribed to them in the Agreement.
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IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written.
| on behalf of the Fund |
||
| By: |
/s/ Xxxxxx X. May | |
| Name: |
Xxxxxx X. May | |
| Title: |
President |
| ALPS FUND SERVICES, INC. |
| By: |
/s/ Xxxxxx X. May | |
| Name: |
Xxxxxx X. May | |
| Title: |
President |
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APPENDIX C
COMPENSATION
Greater of $66,000 annual minimum in Year 1 or the following basis point fee schedule:
Greater of $125,000 annual minimum in Year 2 and forward or the following basis point fee schedule:
| Annual Net Assets | Basis Points | |
| Between $0 - $250M |
10.0 | |
| $250M - $500M |
7.0 | |
| Above $500M |
3.0 |
All out-of-pocket expenses are passed through to the Trust at cost, including but not limited to: third-party security pricing and data fees, Bloomberg fees, Gainskeeper fees, PFIC Analyzer, bank loan sub-accounting fees, Blue Sky permit processing fees and state registration fees, SSAE 16 control review reports, travel expenses to Board meetings and on-site reviews, printing, mailing and filing fees, XXX custodial fees, NSCC interface fees, fulfillment costs, customized programming/enhancements, wire fees and other bank charges, E*Delivery services, postage and other out-of-pocket expenses incurred by ALPS in connection with the performance of its duties under this Agreement.
LATE CHARGES: All invoices are due and payable upon receipt. Any invoices not paid within thirty (30) days of the invoice date are subject to a one percent (1%) per month financing charge on any unpaid balance but only to the extent permitted by law.
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