Exhibit (h)(3)
AMENDMENT TO CO-ADMINISTRATION AGREEMENT
EFFECTIVE AS OF JUNE 5, 2002
First American Funds, Inc., a Minnesota corporation ("FAF"), is party to a
Co-Administration Agreement with and among U.S. Bancorp Asset Management, Inc.
(FKA U.S. Bancorp Xxxxx Xxxxxxx Asset Management, Inc.), a Delaware corporation
("USBAM"), and U.S. Bancorp Fund Services, LLC (FKA Firstar Mutual Fund
Services, LLC), a Wisconsin limited liability company ("USBFS" and together with
USBAM, the "Administrator").
WHEREAS, the parties originally entered into a Co-Administration
Agreement (the "Agreement"), dated October 1, 2001, for the Administrator to
provide administrative and other services to FAF and its separate series; and
WHEREAS, the parties have, as of the Effective Date first set forth
above, agreed to this Amendment to the Agreement (the "Amendment").
THE AGREEMENT IS HEREBY AMENDED AS FOLLOWS:
1. The Agreement is amended to reflect the following name changes of the
Administrator:
On December 10, 2001, U.S. Bancorp Xxxxx Xxxxxxx Asset
Management, Inc. changed its name to U.S. Bancorp Asset
Management, Inc. On January 1, 2002, Firstar Mutual Fund
Services, LLC, changed its name to U.S. Bancorp Fund Services,
LLC.
2. Article 2(B) Transfer Agency and Dividend Disbursing Services, is
amended to replace references to "MFS" with the "Administrator" as each
of USBFS and USBAM may provide transfer agency and dividend disbursing
services to FAF and its separate series.
IN WITNESS WHEREOF, the parties have signed this Amendment, to be effective as
of the Effective Date set forth above. All signed copies of this Amendment shall
be deemed to be originals.
FIRST AMERICAN FUNDS, INC. U.S. BANCORP ASSET MANAGEMENT, INC.
BY /S/ XXXXXXX X. XXXXXX BY /S/ XXXXXX X. XXXXXX
--------------------------------- -----------------------------------
NAME: XXXXXXX X. XXXXXX NAME: XXXXXX X. XXXXXX
TITLE: VP TITLE: COO
U.S. BANCORP FUND SERVICES, LLC
BY /S/ XXX X. XXXXXXX
---------------------------------
NAME: XXX X. XXXXXXX
TITLE: PRESIDENT
