AMENDMENT TO THE PROFESSIONALLY MANAGED PORTFOLIOS TRANSFER AGENT SERVICING AGREEMENT
AMENDMENT
TO THE
THIS AMENDMENT dated as of the
15th
day of June, 2009, to the Transfer Agent Servicing Agreement, dated as of June
22, 2006, as amended, (the "Agreement"), is entered by and between Professionally Managed
Portfolios, a Massachusetts business trust (the "Trust"), on behalf of
its separate series, the Xxxxxx
Fund and the Xxxxxx Small Cap Fund and U.S. Bancorp Fund Services, LLC,
a Wisconsin limited liability company ("USBFS").
RECITALS
WHEREAS, the parties have
entered into a Transfer Agent Servicing Agreement; and
WHEREAS, the parties desire to
amend the series of the Trust to add funds and to amend the fees;
and
WHEREAS, Section 12 of the
Agreement allows for its amendment by a written instrument executed by both
parties.
NOW, THEREFORE, the parties
agree as follows:
Exhibit H
is hereby superseded and replaced with Exhibit H attached hereto.
Except to
the extent amended hereby, the Agreement shall remain in full force and
effect.
IN WITNESS WHEREOF, the
parties hereto have caused this Amendment to be executed by a duly authorized
officer on one or more counterparts as of the date and year first written
above.
U.S.
BANCORP FUND SERVICES, LLC
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By:
/s/Xxxxxx X.
Xxxxxx
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By:
/s/Xxxxxxx X.
XxXxx
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Name:
Xxxxxx X. Xxxxxx
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Name:
Xxxxxxx X. XxXxx
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Title:
President
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Title:
Executive Vice President
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6/15/09
1
Exhibit
H to the Professionally Managed Portfolios
Name of Series
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Date Added
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Xxxxxx
Fund
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11/18/2002
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Xxxxxx
Small Cap Fund
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on
or after 12/18/2007
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Xxxxxx Blue Chip 25
Fund
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on or after
06/15/2009
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Xxxxxx Equity Income
Fund
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on or after
06/15/2009
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Xxxxxx Pure Contrarian
Fund
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on or after
06/15/2009
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TRANSFER
AGENT & SHAREHOLDER SERVICES ANNUAL FEE
SCHEDULE EFFECTIVE: 09/01/2009
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Shareholder
Account Fee (Subject to Minimum)
No-Load -
$15.00
/account
Load
Fund - $16.00
/account
Daily
Accrual Fund - $21.00
/account
XXXX
Xxxxx 0 - $12.00/account
Daily
Accrual Fund - $21.00/account
Closed
Account - $2.50/account
______________________________________________________
Annual
Minimum: $18,000 per
CUSIP
Extraordinary
services - quoted separately
Conversion
of Shareholder Records – $4,000 per Fund from U.S. Bancorp – Your current
provider may charge for out-of-pocket costs, time and
materials.
Service Charges to Investors
Qualified
Plan Fees (Billed to Investors)
$15.00 /qualified
plan acct (Cap at $30.00/SSN)
$15.00 /education
XXX acct (Cap at $30.00/SSN)
$25.00 /transfer
to successor trustee
$25.00
/participant distribution (Excluding SWPs)
$25.00 /refund of
excess contribution
Additional
Shareholder Fees (Billed to Investors)
$15.00 /outgoing
wire transfer
$15.00 /overnight
delivery
$
5.00
/telephone exchange
$25.00 /return
check or ACH
$25.00 /stop
payment
$ 5.00 /research
request (For requested items of the second calendar year [or previous] to
the request)(Cap at $25.00)
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System Charges
1. NSCC
Service Interface – Setup - $1,000 /fund
group
Annual - $2,400
/fund/year
2. Voice
Response Services - $.35 per
call/$100
minimum
3. Asset
Allocation Services - $8.00 /account
group/year
4. 12b-1
Aging - $1.50
/account/year
5. Fund
Addition - $1,500
each additional CUSIP
Out-of-pocket expenses
Including
but not limited to telephone toll-free lines, call transfers, mailing,
sorting and postage, stationary, envelopes, programming, service/data
conversion, special reports, insurance, record retention, literature
fulfillment kits, microfilm, microfiche, proxies, proxy services, lost
shareholder search, disaster recovery charges, ACH fees, Fed wire charges,
NSCC charges, AML verification services, data communication and
implementation charges, travel, training and all other our-of-pocket
expenses.
Activity Charges
Manual
Shareholder Transaction $3.00/transaction
Omnibus
Account Transaction $1.00/transaction
Correspondence $3.00/item
Telephone
Calls $1.00/minute
Voice
Response Calls $0.35/call
Additional Services
Above
pricing is for standard services. Available but not included
above are the following services – FAN Web shareholder e-commerce, Vision
intermediary e-commerce, FAN Mail electronic data delivery, B.O.S.S. sales
reporting data warehouse, investor e-mail services, literature
fulfillment, lead conversion reporting, 12b-1 aging, Short-Term Trader
reporting
Fees
are billed monthly.
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Advisor’s
signature below acknowledges approval of the fee schedule above
XXXXXX
CAPITAL MANAGEMENT, INC.
By: /s/Xxxxx X.
Xxxxxx
Name: Xxxxx
X. Xxxxxx
Title:
President Date:
8/21/09
6/15/09
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