INTEGRITY FUND SERVICES, LLC TRANSFER AGENCY AGREEMENT ADDENDUM
TRANSFER AGENCY AGREEMENT ADDENDUM
ADDENDUM, effective commencing on June 1, 2011 between Integrity Fund Services, LLC (the "Transfer Agent") and The Integrity Funds (each a "Fund" or collectively, the "Funds").
In consideration of the action taken by the Board of Directors of the Fund at its May 6, 2011 meeting, the Transfer Agency Agreement between the Fund and the Transfer Agent is hereby amended to replace the current fee schedule ("Schedule A") with the following revised fee schedule(s):
For the equity funds:
|
|
|
|
|
|
|
Transfer Agent Service Fee—Fund Size (Net Assets) |
Percentage |
|
||
|
|
|
|
|
|
|
|
|
|
|
|
|
$0 |
TO |
$200,000,000 |
0.180% |
|
|
|
|
|
|
|
|
200,000,001 |
TO |
700,000,000 |
0.150% |
|
|
|
|
|
|
|
|
700,000,001 |
TO |
1,200,000,000 |
0.130% |
|
|
|
|
|
|
|
|
1,200,000,001 |
and Larger |
|
0.115% |
|
|
|
|
|||
|
1 Additional Share Class Base Fee ($500/mo.) |
|
For the corporate bond fund:
|
|
|
|
|
|
|
Transfer Agent Service Fee—Fund Size (Net Assets) |
Percentage |
|
||
|
|
|
|
|
|
|
|
|
|
|
|
|
$0 |
TO |
$200,000,000 |
0.140% |
|
|
|
|
|
|
|
|
200,000,001 |
TO |
700,000,000 |
0.110% |
|
|
|
|
|
|
|
|
700,000,001 |
TO |
1,200,000,000 |
0.090% |
|
|
|
|
|
|
|
|
1,200,000,001 |
and Larger |
|
0.075% |
|
|
|
|
|||
|
1 Additional Share Class Base Fee ($500/mo.) |
|
IN WITNESS WHEREOF, the parties hereto have caused this instrument to be executed by their officers designated below as of June 1, 2011.
THE INTEGRITY FUNDS
By: ________________________________
President
By: ________________________________
President