EX-99.H.1.(III) 8 second-amend_fndadmin.htm SECOND AMENDMENT TO FUND ADMINISTRATION SERVICING AGREEMENT Unassociated Document
 

SECOND AMENDMENT TO THE
FUND ADMINISTRATION SERVICING AGREEMENT


THIS SECOND AMENDMENT dated as of August 30, 2011, to the Fund Administration Servicing Agreement, dated as of September 12, 2007, as amended April 20, 2010 (the "Agreement"), is entered into by and between TRUST FOR PROFESSIONAL MANAGERS, a Delaware business trust, (the "Trust") on behalf of Geneva Advisors Funds (the "Fund") and U.S. Bancorp Fund Services, LLC, a Wisconsin limited liability company ("USBFS").

RECITALS

WHEREAS, the parties have entered into the Agreement; and

WHEREAS, the Trust and USBFS desire to amend the fees of the Agreement; and

WHEREAS, Section 10 of the Agreement allows for its amendment by a written instrument executed by both parties.

NOW, THEREFORE, the parties agree as follows:

Amended Exhibit B of the Agreement is hereby superseded and replaced with Amended Exhibit B attached hereto.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 Second Amendment to be executed by a duly authorized officer on one or more counterparts as of the date and year first written above.

 
TRUST FOR PROFESSIONAL MANAGERS U.S. BANCORP FUND SERVICES, LLC
   
By: /s/ Joseph Neuberger By: Michael R. McVoy
   
Name: Joseph Neuberger Name: Michael R. McVoy
   
Title:  Chairman  Title: Executive Vice President
 
 
 
 
 
 

 
Amended Exhibit B to the Fund Administration Servicing Agreement
Trust for Professional Managers - Geneva

Multiple Series Trust
FUND ADMINISTRATION & COMPLIANCE PORTFOLIO SERVICES
FEE SCHEDULE at October, 2011
Domestic Funds
Annual Fee Based Upon Market Value Per Fund*
Base Fee on the first $____
____ basis points on the next $____
____ basis points on the next $____
____ basis points on the balance.
Base fee:  $____ per fund
   · Additional base fee of $____ for each additional class
International/Global Funds
Annual Fee Based Upon Market Value Per Fund*
Base Fee on the first $____
____ basis points on the next $____
____ basis points on the next $____
____ basis points on the balance.
Base fee:  $____ per fund
   · Additional base fee of $____ for each additional class
 
Advisor Information Source Web Portal
§ $____ /fund per month
§ Specialized projects will be analyzed and an estimate will be provided prior to work being performed
SEC §15(c) Reporting
§ $____ /fund per report – first class
§ $____ /additional class report
Out-Of-Pocket Expenses
Including but not limited to postage, stationery, programming, special reports, daily compliance testing systems expenses, proxies, insurance, EDGAR filing, retention of records, federal and state regulatory filing fees, expenses from Board of directors meetings, third party auditing and legal expenses, and conversion expenses (if necessary).
Additional Services
Available but not included above are the following services – multiple classes, legal administration, daily fund compliance testing, and daily performance reporting.
 
Fees are billed monthly.
*Subject to annual CPI increase, Milwaukee MSA.
Advisor’s signature below acknowledges approval of the fee schedules on this Amended Exhibit B
GENEVA INVESTMENT MANAGEMENT OF CHICAGO, LLC
 
By: /s/ Amit Dhawan                  
 
Printed Name and Title: Amit Dhawan, Principal            
 
Date: September 12, 2011                      
 
 
 
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Amended Exhibit B (continued) to the
Fund Administration Servicing Agreement – Trust for Professional Managers
Geneva

FUND ADMINISTRATION & COMPLIANCE PORTFOLIO SERVICES
SUPPLEMENTAL SERVICES
FEE SCHEDULE at October 1, 2011
Additional Legal Services
§ Subsequent new fund launch – $____ /project
§ Subsequent new share class launch – $____ /project
§ Multi-managed funds – as negotiated based upon specific requirements
§ Proxy – as negotiated based upon specific requirements
Daily Pre- and Post-Tax Performance Reporting
§ Performance Service – $____ /CUSIP per month
§ Setup – $____ /CUSIP
§ Conversion – quoted separately
§ FTP Delivery – $____ setup /FTP site
Daily Compliance Services (Charles River)
§ Base fee – $____ /fund per year
§ Setup – $____ /fund group
§ Data Feed  – $____ /security per month
Electronic Board Materials
§ USBFS will establish a unique client board URL and load/maintain all fund board book data for the main fund board meetings and meetings for up to two separate committees
§ Up to 10 non-USBFS users including advisor, legal, audit, etc.
§ Complete application, data and user security – data encryption and password protected
§ On-line customized board materials preparation workflow
§ Includes web-based and local/off-line versions
§ Includes complete initial and ongoing user training
§ Includes 24/7/365 access via toll free number
§ Includes remote diagnostics for each user, including firewall and network issues
§ Triple server backup / failover
Annual Fee
§ $____ /year (includes 10 external users)
§ $____ /year per additional user
§ $____ implementation/setup fee
 
Advisor’s signature below acknowledges approval of the fee schedules on this Amended Exhibit B
GENEVA INVESTMENT MANAGEMENT OF CHICAGO, LLC
 
By: /s/ Amit Dhawan                          
 
Printed Name and Title: Amit Dhawan, Principal            
 
Date: September 12, 2011                        
 
 
 
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Amended Exhibit B (continued) to the
Fund Administration Servicing Agreement – Trust for Professional Managers
Geneva

Multiple Series Trust
CHIEF COMPLIANCE OFFICER SERVICES
FEE SCHEDULE at October 1, 2011
 
Annual Fees (Per Advisor Relationship/Fund)*
 
2010:
Geneva Advisors All Cap Growth Fund - $____
Geneva Advisors Equity Income Fund - $____
 
2011:
Geneva Advisors All Cap Growth Fund - $____
Geneva Advisors Equity Income Fund - $____
 
2012:
Geneva Advisors All Cap Growth Fund - $____
Geneva Advisors Equity Income Fund - $____
 
2013:
Subject to change based on Board review and approval
 
Additional Fees
§ $____ /load fund
§ $____ /sub-advisor per fund
§ $TBD for non-USBFS service providers or complex securities/strategies
 
Out-Of-Pocket Expenses
Including but not limited to CCO team travel related costs to perform due diligence reviews at advisor or sub-advisor facilities.
 


Advisor’s signature below acknowledges approval of the fee schedules on this Amended Exhibit B
GENEVA INVESTMENT MANAGEMENT OF CHICAGO, LLC
 
 
By: /s/ Amit Dhawan                          
 
Printed Name and Title: Amit Dhawan, Principal            
 
Date: September 12, 2011                        
 
 
 
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