BROKERAGE AGREEMENT
Exhibit
(h)(3)
This
Agreement is entered into as of the 21st day of
January 2005, between Trend Trader, LLC (“Trend Trader”) and Equipointe Funds
(the “Trust”) on behalf of each series of the Trust (each, a
“Fund”).
WHEREAS,
Trend Trader, the investment adviser to the Trust, is also a registered
broker-dealer and member of the National Association of Securities Dealers,
Inc.;
WHEREAS,
pursuant to Rule 17e-1 of the Investment Company Act of 1940, as amended, the
Trust has adopted procedures that permit it to execute transactions through
Trend Trader, and Trend Trader is willing to execute such transactions;
and
WHEREAS,
Trend Trader agrees to execute all transactions on a Fund’s behalf at a flat
brokerage commission.
NOW,
THEREFORE, the parties agree as follows:
1. Brokerage
Commission. Trend
Trader agrees that it will charge a flat $7.00 brokerage commission for each
trade executed on a Fund’s behalf.
2. Term
and Termination. This
Agreement shall have an initial term of one year from the date hereof and
thereafter shall continue in effect until terminated by either party. This
Agreement may be terminated at any time by the Trust by notice in writing to
Trend Trader not less than 30 days prior to the date of termination. This
Agreement may be terminated by Trend Trader after one year from the date hereof
by notice in writing to the Trust not less than 30 days prior to the date of
termination.
3. Other. Nothing
in this Agreement shall require a Fund to direct the execution of any specific
transaction through Trend Trader or for Trend Trader to accept any transaction
for execution.
4. Amendments. Except
as set forth herein, this Agreement may not be altered, amended or modified
except by written instrument signed by both parties.
Executed
as of the date first set forth above.
| TREND TRADER, LLC | ||
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| By: | /s/ Xxxx X. Xxxxxxxx | |
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Xxxx X. Xxxxxxxx, President | ||
| EQUIPOINTE FUNDS on behalf of the Funds | ||
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| By: | /s/ Xxxx X. Xxxxxxxx | |
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Xxxx X. Xxxxxxxx, Chief Executive Officer and President | ||
