Exhibit (h)(5)(c)
AMENDMENT TO SHAREHOLDER SERVICES AGREEMENT
Dated June 12, 2007
The following Section of the Shareholder Services Agreement dated March
16, 1994 is Amended as follows:
Section 8. As full compensation for the services performed by, the
Hawaii Municipal Fund and Hawaii Intermediate Fund shall pay LFR a fee at the
annualized rate of up to .10 of one percent (.10%) of the average daily net
assets of each respective Fund. This fee will be computed daily and be paid
monthly within ten (10) business days after the last day of each month. This
fee shall be prorated for any fraction of a month at the commencement or
termination of this Agreement.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
signed by their duly authorized officers as of the day and year first above
written.
FIRST PACIFIC MUTUAL FUND, INC.
By: __/s/ Xxxxxxxx K.H Lee_____________
Xxxxxxxx X.X. Xxx, President
Attest: _/s/ Xxxx Xxxx Lee______________
Xxxx Xxxx Xxx, Secretary
XXX FINANCIAL RECORDKEEPING, INC.
By: __/s/ Xxxxxxxx K.H Lee_____________
Xxxxxxxx X.X. Xxx, President
Attest: _/s/ Xxxx Xxxx Lee______________
Xxxx Xxxx Xxx, Secretary
