EX-99.(H)(2)(XV) 8 d909241dex99h2xv.htm AMENDMENT ADMINISTRATION SHAREHOLDER SERVICES AGREEMENT MATTHEWS 9/1/14 Amendment Administration Shareholder Services Agreement Matthews 9/1/14

Exhibit (h)(2)(xv)

AMENDMENT TO ADMINISTRATION AND

SHAREHOLDER SERVICES AGREEMENT

This Amendment to Administration and Shareholder Services Agreement (this “Amendment”), effective as of September 1, 2014, is made by and between Matthews International Funds (the “Trust”) and Matthews International Capital Management, LLC (“Matthews,” and together with the Trust, the “Parties”).

Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Administration and Shareholder Services Agreement, dated as of August 31, 2004, as amended August 12, 2005, August 11, 2006, August 31, 2007, September 15, 2008, November 30, 2009, May 19, 2011, November 30, 2011, April 30, 2013, and September 1, 2013, by and between the Trust and Matthews (the “Agreement”).

WITNESSETH THAT:

WHEREAS, the Parties originally entered into the Agreement, wherein Matthews agreed to provide certain services to the Trust; and

WHEREAS, the Parties wish to amend the Agreement to revise Exhibit B to add additional breakpoints, resulting in lower fee rates for total portfolio assets over $25 billion.

NOW, THEREFORE, in consideration of the premises and mutual covenants contained herein, the Parties hereto, intending to be legally bound, do hereby agree as follows:

1. Exhibit B to the Agreement is hereby amended and replaced with the new Exhibit B attached hereto.

2. The Agreement will otherwise remain in full force and effect.

IN WITNESS WHEREOF, the Parties hereto have caused this Amendment, including the amended Exhibit B attached hereto, to be signed by their duly authorized officers as of the date set forth below.

 

MATTHEWS INTERNATIONAL FUNDS MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT, LLC
By:

/s/ John P. McGowan

By:

/s/ William J. Hackett

Name: John P. McGowan Name: William J. Hackett
Title: Vice President and Secretary Title: Chief Executive Officer
Date: September 1, 2014 Date: September 1, 2014


EXHIBIT B

MATTHEWS INTERNATIONAL FUNDS

ADMINISTRATION AND SHAREHOLDER SERVICE FEE SCHEDULE

(amended effective September 1, 2014)

The Administration and Shareholder Service Fee for the Fund Complex is as follows:

 

Portfolio Value of the Funds

 

Administration and Shareholder Service Fee as

a Percent of Portfolio Value of the Funds (Not

to Exceed)

Up to $2 Billion   0.25% of average daily net assets
Over $2 Billion up to $5 Billion   0.1834% of average daily net assets
Over $5 Billion up to $7.5 Billion   0.15% of average daily net assets
Over $7.5 Billion up to $15 Billion   0.125% of average daily net assets
Over $15 Billion up to $22.5 Billion   0.11% of average daily net assets
Over $22.5 Billion up to $25 Billion   0.10% of average daily net assets
Over $25 Billion up to $30 Billion   0.09% of average daily net assets
Over $30 Billion up to $35 Billion   0.08% of average daily net assets
Over $35 Billion up to $40 Billion   0.07% of average daily net assets
Over $40 Billion up to $45 Billion   0.06% of average daily net assets
Over $45 Billion   0.05% of average daily net assets

 

MATTHEWS INTERNATIONAL FUNDS     MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT, LLC
By:  

/s/ John P. McGowan

    By:  

/s/ William J. Hackett

Name:   John P. McGowan     Name:   William J. Hackett
Title:   Vice President and Secretary     Title:   Chief Executive Officer
Date:   September 1, 2014     Date:   September 1, 2014