ARIEL INVESTMENT TRUST THIRD AMENDMENT TO AMENDED AND RESTATED TRANSFER AGENT SERVICING AGREEMENT
EX.99.h.ii.(2)
THIRD AMENDMENT TO AMENDED AND RESTATED
TRANSFER AGENT SERVICING AGREEMENT
THIS THIRD AMENDMENT dated as of this 15th day of December 2022 to the Amended and Restated Transfer Agent Servicing Agreement, dated as of January 1, 2016 (the “Agreement”), is entered into by and between ARIEL INVESTMENT TRUST, a Massachusetts business trust, (the “Trust”), and U.S. BANCORP FUND SERVICES, LLC, a Wisconsin limited liability company (“USBFS”).
WHEREAS, the parties have entered into the Agreement; and
WHEREAS, the parties desire to amend the term of the Agreement; and
WHEREAS, Section 13 of the Agreement allows for its amendment by written agreement executed by the parties and authorized or approved by the Board of Trustees; and
NOW THEREFORE, the parties agree to amend Section 13 of the Agreement as follows:
Section 13 of the Agreement is hereby superseded and replaced with the following Section 13:
| 13. | Term of Agreement; Amendment |
This Agreement will continue in effect until December 31, 2023. Notwithstanding the foregoing, this Agreement may be terminated by any party upon (1) giving 120 days prior written notice to the other party or (2) such shorter period as mutually agreed upon by the parties or (3) the breach of the other party of any material term of this Agreement if such breach is not cured within 15 days of written notice of such breach to the breaching party. This Agreement may not be amended or modified in any manner except by written agreement executed by USBFS and the Trust and authorized or approved by the Board of Trustees. The provisions of this Section 13 shall also apply to all Exhibits of the Agreement.
Except to the extent amended hereby, the Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this Second Amendment to be executed by a duly authorized officer on one or more counterparts as of the date and year first written above.
| ARIEL INVESTMENT TRUST | U.S BANCORP FUND SERVICES, LLC | |
| By: /s/ Xxxxx X. Xxxxxx | By: /s/ Xxxxxxx Xxxxxx | |
| Name: Xxxxx X. Xxxxxx | Name: Xxxxxxx Xxxxxx | |
| Title: Vice President | Title: Senior Vice President | |
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