Exhibit (h)(60)
LETTER AGREEMENT TO THE FUND
ACCOUNTING SERVICING AGREEMENT
(Addition of Ohio Tax-Exempt Money Market Fund, Aggregate Bond Fund, National
Municipal Bond Fund, Missouri Tax-Exempt Bond Fund, U.S. Government Securities
Fund, Strategic Income Fund, Equity Income Fund, Relative Value Fund, Large Cap
Growth Fund, Science & Technology Fund, REIT Fund, Small Cap Index Fund and
Global Equity Fund.)
Firstar Mutual Fund Services, LLC
000 X. Xxxxxxxx Xxxxxx
Xxxxxxxxx, XX 00000
Gentlemen:
Pursuant to Paragraph 4 of the Fund Accounting Servicing Agreement
dated March 23, 1988 that we have entered into with you (by way of assignment
from Firstar Trust Company dated October 1, 1998), we are writing to request
that you render accounting services under the terms of said agreement with
respect to the Ohio Tax-Exempt Money Market Fund, Aggregate Bond Fund, National
Municipal Bond Fund, Missouri Tax-Exempt Bond Fund, U.S. Government Securities
Fund, Strategic Income Fund, Equity Income Fund, Relative Value Fund, Large Cap
Growth Fund, Science & Technology Fund, REIT Fund, Small Cap Index Fund and
Global Equity Fund, additional portfolios we are establishing. Your
compensation for the services provided under said agreement for said additional
portfolios shall be determined in accordance with the fee schedule attached
hereto. Please sign two copies of this letter where indicated to signify your
agreement to provide said services and to the compensation terms set forth on
the attached fee schedule.
Sincerely,
Dated: November 27, 2000 FIRSTAR FUNDS, INC.
By: /s/ Xxxxx Xxxxxx
------------------------
(Authorized Officer)
ACKNOWLEDGED AND AGREED:
FIRSTAR MUTUAL FUND SERVICES, LLC
By: /s/ Xxxxxx Xxxxxxxxx Dated: November 27, 2000
---------------------------
(Authorized Officer)
-2-
FIRSTAR MUTUAL FUND SERVICES, LLC
FUND VALUATION AND ACCOUNTING
FOR
FIRSTAR FUNDS, INC.
Ohio Tax-Exempt Money Market Fund, Aggregate Bond Fund, National Municipal Bond
-------------------------------------------------------------------------------
Fund, Missouri Tax-Exempt Bond Fund, U.S. Government Securities Fund, Strategic
-------------------------------------------------------------------------------
Income Fund, Equity Income Fund, Relative Value Fund, Large Cap Growth Fund,
----------------------------------------------------------------------------
Science & Technology Fund, REIT Fund, Small Cap Index Fund and Global Equity
----------------------------------------------------------------------------
Fund (the "New Funds")
----------------------
Portfolio Services
------------------
Annual fee schedule for each of the New Funds based on market value of assets.
For Ohio Tax-Exempt Money Market Fund:
$39,000 for first $100 million
0.02% on the next $200 million
0.01% on the balance
For Aggregate Bond, National Municipal Bond, Missouri Tax-Exempt Bond, U.S.
Government Securities, Strategic Income and Global Equity Funds:
$58,500 for first $100 million
0.03% on the next $200 million
0.015% on the balance
For Equity Income, Relative Value, Large Cap Growth, Science & Technology, REIT
and Small Cap Index Funds:
$45,000 for first $100 million
0.01875% on the next $200 million
0.01125% on the balance
Out-of-Pocket Expenses: Charged on the Account.
Fees are billed monthly.
-3-
