EX-99.D 3 advisoryagmtscheda.txt AMENDED SCH. A & B TO INV. ADVISORY AGRMT. INVESTMENT ADVISORY AGREEMENT SCHEDULE A SERIES OF INSTITUTIONAL LIQUIDITY TRUST GOVERNMENT MASTER SERIES GOVERNMENT RESERVES MASTER SERIES MUNICIPAL MASTER SERIES TAX-EXEMPT MASTER SERIES TREASURY RESERVES MASTER SERIES Date: July 27, 2007 INVESTMENT ADVISORY AGREEMENT SCHEDULE B SERIES OF INSTITUTIONAL LIQUIDITY TRUST RATE OF COMPENSATION BASED ON EACH SERIES' ------------------------------------------ AVERAGE DAILY NET ASSETS ------------------------ -------------------------------------------------------------------------------- GOVERNMENT MASTER SERIES .05% -------------------------------------------------------------------------------- GOVERNMENT RESERVES MASTER SERIES .05% -------------------------------------------------------------------------------- MUNICIPAL MASTER SERIES .05% -------------------------------------------------------------------------------- TAX-EXEMPT MASTER SERIES .05% -------------------------------------------------------------------------------- TREASURY RESERVES MASTER SERIES .05% -------------------------------------------------------------------------------- Date: July 27, 2007