Xxxxxxxx-Xxxxxxxxx Institutional Funds
000 Xxxx Xxxxxxxx, 00xx Xxxxx
Xxx Xxxxx, Xxxxxxxxxx 00000
May ___, 2006
Xxxxxxxx-Xxxxxxxxx Capital Management
000 Xxxx Xxxxxxxx, 00xx Xxxxx
Xxx Xxxxx, Xxxxxxxxxx 00000
Ladies and Gentlemen:
This will confirm our agreement that Schedule A to the Investment
Advisory Agreement between us dated January 31, 2001 is hereby amended. The
full list of Funds covered by the Agreement and the annual advisory fee with
respect to each such Fund shall be as set forth on Exhibit A hereto.
In all other respects, the Investment Advisory Agreement will remain in
full force and effect. Please sign this letter below to confirm your
agreement with this amendment.
Very truly yours,
Xxxxxxx X. Xxxxxx
Assistant Secretary
AGREED:
Xxxxxxxx-Xxxxxxxxx Capital Management
By:
------------------------------
Xxxxxxx X. Xxxxx, Xx.
General Counsel
Exhibit A
FUND INVESTMENT ADVISORY FEE
(AS A PERCENTAGE OF AVERAGE
DAILY NET ASSETS)
U.S. Micro Cap 1.00
U.S. Emerging Growth 0.75
U.S. Small to Mid Cap Growth 0.50
U.S. Small Cap Value 0.75
U.S. Large Cap Value 0.45
U.S. Systematic Large Cap Growth 0.45
U.S. Systematic Mid Cap Growth 0.70
U.S. Convertible 0.55
Global Select 0.65
International Growth 0.50
International Growth Opportunities 0.70
Emerging Markets Opportunities 0.90
International Systematic 0.50
International All Cap Growth 0.85
U.S. High Yield Bond 0.40
