EXHIBIT (g)(2) FIRST AMERICAN FUNDS, INC. COMPENSATION AGREEMENT DATED AS OF OCTOBER 25, 2004 PURSUANT TO CUSTODIAN AGREEMENT WHEREAS, First American Funds, Inc., a Minnesota corporation (hereinafter called the "Fund"), and First Trust National...First American Funds Inc • October 15th, 2004
EFFECTIVE DATE OF ANNUAL ADVISORY FEE AS A ----------------- ------------------------ INVESTMENT ADVISORY PERCENTAGE OF AVERAGE DAILY NET ------------------- ------------------------------- PORTFOLIO AGREEMENT ASSETS --------- --------- ------First American Funds Inc • October 15th, 2004
Prime Obligations Fund (1) January 20, 1995 0.10% Government Obligations Fund January 20, 1995 0.10% Treasury Obligations Fund January 20, 1995 0.10% Tax Free Obligations Fund October 8, 1997 0.10% Treasury Reserve Fund September 24, 2001 0.10% U.S. Treasury Money Market Fund October 25, 2004 0.10%
