AMENDMENT TO THE PROFESSIONALLY MANAGED PORTFOLIOS FUND ACCOUNTING SERVICING AGREEMENT
AMENDMENT
TO THE
THIS AMENDMENT dated as of the
16th
day of June, 2009, to the Fund Accounting 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 Fund Accounting 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 15 of the
Agreement allows for its amendment by a written instrument executed by both
parties.
NOW, THEREFORE, the parties
agree as follows:
Exhibit G
to the Agreement is hereby superseded and replaced with Exhibit G attached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
|
|
By:
/s/Xxxxxx X.
Xxxxxx
|
By:
/s/Xxxxxxx X.
XxXxx
|
Name:
Xxxxxx X. Xxxxxx
|
Name:
Xxxxxxx X. XxXxx
|
Title:
President
|
Title:
Executive Vice President
|
6/15/09
1
Exhibit
G to the Professionallly Managed Portfolios
Name of
Series
|
Date
Added
|
Xxxxxx Fund
|
11/18/2002
|
Xxxxxx Small Cap
Fund
|
on or after
12/18/2007
|
Xxxxxx Blue Chip 25
Fund
|
on or after
06/15/2009
|
Xxxxxx Equity Income
Fund
|
on or after
06/15/2009
|
Xxxxxx Pure Contrarian
Fund
|
on or after
06/15/2009
|
FEE
SCHEDULE EFFECTIVE: 09/01/2009
|
|
Domestic Equity Funds Complex*
$130,000 minimum
for 5 funds
$26,000 each new
fund
1.25
bp on complex assets over $400 million
to
$750
million
.75
bp on complex assets in excess over
$750
million
Fees
are billed monthly.
*Subject
to CPI increase, Milwaukee MSA.
|
Extraordinary
services – quoted separately
Conversion
Estimate – one month’s fee (waived)
NOTE
– All schedules subject to change depending upon the use of derivatives –
options, futures, short sales, etc.
All
fees are billed monthly plus out-of-pocket expenses, including pricing
service:
$.15 Domestic
and Canadian Equities
$.15
Options
$.50
Corp/Gov/Agency Bonds
$.80 CMO's
$.50
International Equities and Bonds
$.80 Municipal
Bonds
$.80 Money
Market Instruments
$125 Per
fund per month - Mutual Funds
Corporate
Action Services - $2.00 Per corporate action
Factor
Services (BondBuyer)
Per
CMO
-
$1.50/month
Per
Mortgage Backed - $0.25/month
Minimum
- $300/month
|
Advisor’s
signature below acknowledges approval of the fee schedule above
XXXXXX
CAPITAL MANAGEMENT, INC.
By: /s/Xxxxx
Xxxxxx
Name: Xxxxx
Xxxxxx
Title:
President Date:
8-21-2009
6/15/09
2