EXHIBIT (H)(4)
AMENDMENT NO. 2
TO ADMINISTRATION AGREEMENT
AMENDMENT NO. 2, made as of the 1st day of September, 2002, to the
Administration Agreement, as amended (the "Agreement"), dated July 6, 1999 by
and between The Armada Advantage Fund (the "Trust"), a Massachusetts business
trust, and SEI Investments Global Funds Services (f/k/a SEI Investments Mutual
Funds Services) (the "Administrator"), a Delaware business trust.
WHEREAS, pursuant to Amendment No. 1 to the Agreement dated March 1,
2002 the parties extended the Initial Term of the Agreement through October 31,
2002; and
WHEREAS, the parties wish to amend the Agreement to further extend the
Initial Term of the Agreement through May 31, 2003; and
WHEREAS, the parties further wish to amend Schedule I of the Agreement
to reflect new fees agreed between the parties.
NOW, THEREFORE, in consideration of the premises and covenants
contained in the Agreement and this Amendment, the Trust and the Administrator
hereby agree as follows:
1. The Initial Term of the Agreement as set forth in Article 11 of the
Agreement shall be extended until May 31, 2003.
2. Schedule I of the Agreement shall be amended and superceded by
Amended Schedule I attached hereto.
IN WITNESS WHEREOF, the parties hereto have executed and delivered this
Amendment No. 2 to the Agreement as of the day and year first written above.
THE ARMADA ADVANTAGE FUND
By: /s/ Xxxxxxx X. Xxxxxxx
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Name: Xxxxxxx X. Xxxxxxx
Title: President
SEI INVESTMENTS GLOBAL FUNDS SERVICES
By: /s/ Xxxxxxx X. Xxxxx
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Name: Xxxxxxx X. Xxxxx
Title: Vice President
