AMENDMENT NO. 11 to the COMBINED INVESTMENT ADVISORY AGREEMENT
AMENDMENT
NO. 11
to
the
This
Amendment is made as of October 31, 2010 to the Combined Investment Advisory
Agreement among Munder Series Trust (“MST”), on behalf of each of its series,
Munder Series Trust II (“MST II”), on behalf of each of its series, and
Munder Capital Management (“Advisor”), a Delaware general
partnership.
WHEREAS,
the advisory fee schedule for the Munder Growth Opportunities Fund was revised
effective October 31, 2010; and
WHEREAS,
the parties desire to update Schedule B to the Agreement.
NOW
THEREFORE, in consideration of the promises and covenants contained herein, the
Advisor, MST and MST II agree to amend the Agreement as follows:
|
|
1.
|
Schedule
B the Agreement is hereby replaced with the attached Schedule B effective
as of October 31, 2010.
|
IN
WITNESS WHEREOF, the parties hereto have caused this instrument to be executed
by their officers designated below as of the date first set forth
above.
By:
Xxxxxxx X. Xxxxxxxxxxx
Vice President, Secretary &
CCO
MUNDER
CAPITAL MANAGEMENT
By:
Xxxxx X. Xxxxxxx
Managing Director, Chief Financial
Officer
SCHEDULE
B
As
of October 31, 2010
|
Annual
Fees
(as a Percentage of
Daily Net Assets)
|
|
|
Munder
Asset Allocation Fund-Balanced
|
0.65%
|
|
Munder
Bond Fund
|
0.40%
|
|
Munder
Energy Fund
|
0.75%
|
|
Munder
Growth Opportunities Fund
|
0.85%
of the first $1 billion of average daily net assets; and 0.80% of average
daily net assets in excess of $1 billion
|
|
Munder
Healthcare Fund
|
0.80%
of the first $250 million of average daily net assets; and 0.75% of
average daily net assets in excess of $250 million
|
|
Munder
Index 500 Fund
|
0.20%
of the first $250 million of average daily net assets; 0.12% of the next
$250 million; and 0.07% of average daily net assets in excess of $500
million
|
|
Munder
International Equity Fund
|
0.75%
|
|
Munder
International Fund-Core Equity
|
0.80%
on the first $1 billion of average daily net assets; and 0.75% of the
average daily net assets in excess of $1 billion
|
|
Munder
International Small-Cap Fund
|
0.95%
on the first $1 billion of average daily net assets; and 0.90% of the
average daily net assets in excess of $1 billion
|
|
Munder
Large-Cap Growth Fund
|
0.75%
of the first $1 billion of average daily net assets; 0.725% of the next $1
billion; and 0.70% of average daily net assets in excess of $2
billion
|
|
Munder
Large-Cap Value Fund
|
0.75%
of the first $100 million of average daily net assets; and 0.70% of
average daily net assets in excess of $100 million
|
|
Munder
Micro-Cap Equity Fund
|
1.00%
|
|
Annual
Fees
(as a Percentage of
Daily Net Assets)
|
|
|
Munder
Mid-Cap Core Growth Fund
|
0.75%
on the first $6 billion of average daily net assets, 0.70% on the next $2
billion, and 0.65% on average daily net assets exceeding $8
billion
|
|
Munder
Small-Cap Value Fund
|
0.75%
|
|
Munder
Tax-Free Short & Intermediate Bond Fund
|
0.40%
|
