KEELEY SMALL CAP VALUE FUND, INC. TENTH AMENDMENT TO THE TRANSFER AGENT SERVICING AGREEMENT
KEELEY SMALL CAP VALUE FUND, INC.
TENTH AMENDMENT TO THE TRANSFER AGENT SERVICING
AGREEMENT
THIS TENTH AMENDMENT dated as of the 17th day of May, 2007, to the Transfer Agent Servicing Agreement, dated as of September 8, 1993, Addendums as of September 30, 1998, January 1, 2000, July 1, 2000, November 1, 2002, and as amended January 1, 2002, January 1, 2002, April 22, 2002, July 24, 2003, November 15, 2004, March 29, 2005, May 16, 2005, January 13, 2006 and October 1, 2006 (the "Transfer Agent Agreement"), is entered by and between KEELEY SMALL CAP VALUE FUND, INC., a Maryland corporation (the "Fund") and U.S. Bancorp Fund Services, LLC, a Wisconsin limited liability company ("USBFS").
RECITALS
WHEREAS, the parties have entered into a Transfer Agent Agreement; and
WHEREAS, the Fund and USBFS desire to amend said Transfer Agent Agreement; and
WHEREAS, Section 9 of the Agreement allows for its amendment by a written instrument executed by both parties.
NOW, THEREFORE, the parties agree as follows:
The fee schedule of the Agreement is hereby superseded and replaced with the fee schedule attached hereto. The fee schedule is effective May 1, 2007 through April 30, 2010.
Except to the extent supplemented hereby, the Transfer Agent Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this Tenth Amendment to be executed by a duly authorized officer on one or more counterparts as of the date and year first written above.
KEELEY SMALL CAP VALUE FUND, INC. | U.S. BANCORP FUND SERVICES, LLC | |||||
By: | /s/ Xxxx X. Xxxxxx, Xx. | By: | /s/ Xxxxxxx X. XxXxx | |||
Name: | Xxxx X. Xxxxxx, Xx. | Name: | Xxxxxxx X. XxXxx | |||
Title: | President | Title: | Sr. Vice President |
Fee Schedule to the Transfer
Agent Servicing Agreement of
Keeley Small Cap Value Fund, Inc.
KEELEY SMALL CAP VALUE FUND, INC. | |||
and KEELEY FUNDS, INC. | |||
TRANSFER AGENT & SHAREHOLDER SERVICES | |||
ANNUAL FEE SCHEDULE effective May 1, 2007 thru April 30, 2010 | |||
Service
Charges to the Fund*
(complex level) |
Qualified Plan Fees (Billed to Investors) | ||
$15.00 /qualified plan acct (Cap at $30.00/SSN) | |||
$15.00 /Xxxxxxxxx ESA acct (Cap at $30.00/SSN) | |||
Annual Shareholder Account Fee (see minimum) | $25.00 /transfer to successor trustee | ||
Load Fund - $16.00 / account | $25.00 /participant distribution (Excluding SWPs) | ||
· Load Fund, level 3 - $13.00 / account on the | $25.00 /refund of excess contribution | ||
first 100,000 level 3 accounts | Shareholder Fees (Billed to Investors) | ||
· Load Fund, level 3 - $11.50 / account on the | $15.00 /outgoing wire transfer | ||
next 50,000 level 3 accounts | $15.00 /overnight delivery | ||
· Load Fund, level 3 - $10.00 / account on the | $ 5.00 /telephone exchange | ||
remaining level 3 accounts | $25.00 /return check or ACH | ||
· Closed Accounts - $7.50/ closed account | $25.00 /stop payment | ||
Annual Minimum (Switch to complex once met) | $ 5.00 /research request per account (Cap at | ||
$15,000 per fund (use $16/account as basis) | $25.00/request) (For requested items of the second calendar year | ||
$10,000 each additional class (use $16/acct as basis) | [or previous] to the request) | ||
Basis Point (complex Level) | |||
0.5 BPS on Asset Market Value for 1st 1 billion | |||
0.20 BPS on assets $1 billion - $5 billion | Technology Charges | ||
0.10 BPS on assets over $5 billion | 1. | Implementation Services | |
Activity Charges | First CUSIP - $2,000 /first CUSIP | ||
Telephone Calls - $1.00 /minute | Fund Setup - $1,500 /additional CUSIP | ||
Voice Response Calls - $.35 /call | 800 Service - $1,650 ATT transfer connect | ||
AML New Account Service - $1.00/new domestic | VRU Setup - $500 /fund group | ||
accounts and $2.00/new foreign account | NSCC Setup - $1,500 /fund group | ||
XXX Xxxx Xxxxxxx (xxxx Xxxxx 0 accounts) | 2. | 12b-1 Aging - $1.50 /account/year | |
0-999 accounts - $500.00/year | 3. | Average Cost - $.36 /account/year | |
1,000-4,999 accounts - $1,000/year | 4. | File Transmissions - subject to requirements | |
5,000-9,999 accounts - $2,500/year | 5. | Selects - $300 per select | |
10,000+ accounts - $5,000/year | 6. | ReportSource - No Charge - Web reporting | |
7. | Physical Certificate Shares | ||
ACH/EFT Shareholder Services: | Setup - $750 /fund | ||
$125.00 /month/fund group | Issue of Certificate - $10.00 /certificate transaction | ||
$ .50 /ACH item, setup, change | 8. | Extraordinary services charged as incurred | |
$5.00 /correction, reversal | Development/Programming - $150 /hour | ||
Out-of-pocket Costs - Including but not limited to: | Conversion of Records - Estimate to be provided | ||
Telephone toll-free lines, call transfers, etc. | Custom processing, re-processing | ||
Mailing, sorting and postage | |||
Stationery, envelopes | |||
Programming, special reports | |||
Insurance, record retention, microfilm/fiche | |||
Proxies, proxy services | |||
Lost shareholder search | |||
ACH fees | |||
NSCC charges | |||
All other out-of-pocket expenses | |||
* Subject to CPI increase, Milwaukee MSA. |
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