Exhibit (d)(9)(ii)
Xxxxxx, Xxxxxx & Company, L.P.
Xxx Xxxxxxxxx Xxxxxx
Xxxxxx, XX 00000
July 1, 2004
Xxxxxx Xxxxxx Funds II
Xxxxxx Xxxxxx High Income Fund
000 Xxxxxxxx Xxxxxx
Xxxxxx, XX 00000
Attn: Xxxxxxxx Xxxxxxxxx, Treasurer
Re: Xxxxxx Xxxxxx High Income Fund Advisory Agreement Addendum
Dear Xx. Xxxxxxxxx:
The Advisory Agreement dated September 12, 2003 between Xxxxxx Xxxxxx Funds II
(the "Trust") with respect to its Xxxxxx Xxxxxx High Income Fund (the "Series")
and Xxxxxx, Xxxxxx & Company, L.P. (the "Adviser") is hereby revised effective
July 1, 2004 to delete section 7 and to replace it with the following:
7. As full compensation for all services rendered, facilities furnished and
expenses borne by the Adviser hereunder, the Trust shall pay the Adviser
compensation at the annual percentage rate of 0.60% of the average daily net
assets of the Series or such lesser rate as the Adviser may agree to from time
to time. Such compensation shall be payable monthly in arrears or at such other
intervals, not less frequently than quarterly, as the Board of Trustees of the
Trust may from time to time determine and specify in writing to the Adviser. The
Adviser hereby acknowledges that the Trust's obligation to pay such compensation
is binding only on the assets and property belonging to the Series.
To indicate your approval and acceptance of the terms of this letter, please
sign below where indicated.
Sincerely,
/s/ Xxxxx Charleston
---------------------------------
Xxxxx Charleston
Chief Financial Officer
ACCEPTED AND AGREED TO:
Xxxxxx Xxxxxx Funds II for
Xxxxxx Xxxxxx High Income Fund
By: /s/ Xxxxxxxx Xxxxxxxxx
-----------------------------
Xxxxxxxx Xxxxxxxxx
Title: Treasurer
Date: July 1, 2004
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