EX-99.H2 8 ex99_h2.htm FOURTH AMENDMENT TO THE FUND ADMINISTRATION SERVICING AGREEMENT, DATED APRIL 24, 2007 ex99_h2.htm

 
 
COUNTRY MUTUAL FUNDS TRUST
FOURTH AMENDMENT TO THE
FUND ADMINISTRATION SERVICING AGREEMENT


THIS FOURTH AMENDMENT dated as of the 24TH day of April, 2007, to the Fund Administration Servicing Agreement, dated as of the 28th day of April, 2003, as amended as of July 21, 2003, May 1, 2006 and July 28, 2006 (the "Agreement"), is entered by and between COUNTRY MUTUAL FUNDS TRUST, a Delaware statutory trust (the "Trust") and U.S. BANCORP FUND SERVICES, LLC, a Wisconsin limited liability company ("USBFS").

RECITALS

WHEREAS, the parties have entered into an Fund Administration Servicing Agreement; and

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

WHEREAS, Paragraph 6 of the Agreement allows for its amendment by a written instrument executed by both parties.

NOW, THEREFORE, the parties agree as follows:

Exhibit B of the Agreement is hereby superseded and replaced with Exhibit B attached hereto.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

 
COUNTRY MUTUAL FUNDS TRUST U.S. BANCORP FUND SERVICES, LLC
   
By:  /s/ Robert J. McDade                                               By:   /s/ Michael R. McVoy                                 
Name:   Robert J. McDade                                                  Name:    Michael R. McVoy                                      
Title:     Vice President                                           Title:      Sr. Vice President                                   
 
 
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Exhibit B
to the
Fund Administration Servicing Agreement – COUNTRY Mutual Funds Trust
 
 
FUND ADMINISTRATION & COMPLIANCE SERVICES
FEE SCHEDULE  at April, 2007
 
Annual Fee Based Upon Market Value Per Fund Complex (7-9 Funds in Complex)
¨  Minimum Fee $195,000
¨  7.0 basis points on the first $250 million
¨  6.0 basis points on the next $250 million
¨  5.0 basis points on the next $500 million
¨  4.0 basis points on the balance
 
Annual Fee Based Upon Market Value Per Fund Complex (5-6 Funds in Complex)
¨  Minimum Fee $110,000
¨  5.5 basis points on the first $250 million
¨  5.0 basis points on the next $250 million
¨  4.0 basis points on the next $500 million
¨  3.0 basis points on the balance
 
Annual Fee Based Upon Market Value Per Fund Complex (1-4 Funds in Complex)
¨  Minimum Fee $70,000
¨  5.0 basis points on the first $500 million
¨  3.5 basis points on the next $500 million
¨  2.0 basis points on the balance
 
 
Technology Out of Pocket
$50,000 billable monthly
 
Charles River
$20,000 billable monthly
 
Plus 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, certain insurance premiums, expenses from board of directors meetings, auditing and legal expenses, conversion expenses (if necessary), and all other out-of-pocket expenses.
 
Additional Services– Above pricing is for standard services.  Available but not included above are the following services – multiple classes, legal administration, SEC 15c reporting, Advisor Information Source data delivery, daily fund compliance testing, daily pre- and post- performance reporting.
 
Fees are billed monthly

 
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Exhibit B (continued)
to the
COUNTRY Mutual Funds Trust


CHIEF COMPLIANCE OFFICER
 
SUPPORT SERVICES
FEE SCHEDULE at April, 2007
 
Chief Compliance Officer Support Services
U.S, Bancorp provides support to the Chief Compliance Officer (CCO) of each fund serviced either by U.S. Bancorp Fund Services, LLC or Quasar Distributors, LLC.  Indicated below are samples of functions performed by USBFS in this CCO support role:
  Business Line Functions Supported
  Fund Administration and Compliance
  Transfer Agent and Shareholder Services
  Fund Accounting
  Custody Services
  Securities Lending Services
  Distribution Services
  Daily Resource to Fund CCO, Fund Board, Advisor
  Provide USBFS/USB Critical Procedures & Compliance Controls
  Daily and Periodic Reporting
  Periodic CCO Conference Calls
  Dissemination of Industry/Regulatory Information
  Client & Business Line CCO Education & Training
  Due Diligence Review of USBFS Service Facilities
  Quarterly USBFS Certification
  Board Meeting Presentation and Board Support
  Testing, Documentation, Reporting
 
 
Annual Fee Schedule*
·  $1,200 per service per year
 
Fees are billed monthly.
*Subject to annual CPI increase, Milwaukee MSA.



 
 
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