EX-99.H.9 15 exhibith-9.htm FOURTH AMENDMENT DATED AUGUST 15, 2007

 KEELEY FUNDS, INC.
FOURTH AMENDMENT TO THE
TRANSFER AGENT SERVICING AGREEMENT

THIS FOURTH AMENDMENT dated as of the 15th day of August, 2007 to the Transfer Agent Servicing Agreement, dated as of the 15th day of April, 2005, as amended on the 13th of January, 2006, on the 10th of April 2006, and on the 1st of October, 2006 (the “Agreement”), is entered by and between Keeley Funds, Inc., a Maryland corporation (the "Company”) and U.S. Bancorp Fund Services, LLC, a Wisconsin limited liability company ("USBFS").

RECITALS

WHEREAS, the parties have entered into a Transfer Agent Servicing Agreement; and

WHEREAS, the Company and USBFS desire to amend said Agreement; and

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

NOW, THEREFORE, the parties agree as follows:

Exhibit A of the Agreement is hereby superseded and replaced with Exhibit A attached hereto.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.

KEELEY FUNDS, INC.    U.S. BANCORP FUND SERVICES, LLC 
 
By:  /s/ John L. Keeley, Jr.    By:  /s/ Michael R. McVoy   
 
Name: John L. Keeley, Jr.  Name: Michael R. McVoy 
 
Title: President  Title: Sr. Vice President 

1

Exhibit A
to the
Transfer Agent Servicing Agreement - Keeley Funds, Inc.

Separate Series of Keeley Funds, Inc.

Name of Series

KEELEY Small-Mid Cap Value Fund
KEELEY Mid Cap Value Fund
KEELEY All Cap Value Fund

2

Exhibit C to the Transfer Agent Servicing Agreement
of
Keeley Funds, Inc.

 KEELEY SMALL CAP VALUE FUND, INC.
 and KEELEY FUNDS, INC.
 TRANSFER AGENT & SHAREHOLDER SERVICES
 ANNUAL FEE SCHEDULE effective May 1, 2007 thru April 30, 2010
     
 Service Charges to the Fund* (complex 
 level) 		   Qualified Plan Fees (Billed to Investors) 
  $15.00 /qualified plan acct (Cap at $30.00/SSN) 
  $15.00 /Coverdell ESA acct (Cap at $30.00/SSN) 
  Annual Shareholder Account Fee (see minimum)    $25.00 /transfer to successor trustee 
  Load Fund - $16.00 / account    $25.00 /participant distribution (Excluding SWPs) 
      ·     Load Fund, level 3 - $13.00 / account on the   $25.00 /refund of excess contribution 
                 first 100,000 level 3 accounts   Shareholder Fees (Billed to Investors) 
      ·     Load Fund, level 3 - $11.50 / account on the       $15.00 /outgoing wire transfer 
             next 50,000 level 3 accounts     $15.00 /overnight delivery 
      ·     Load Fund, level 3 - $10.00 / account on the     $ 5.00 /telephone exchange 
             remaining level 3 accounts     $25.00 /return check or ACH 
      ·     Closed Accounts - $7.50/ closed account      $25.00 /stop payment 
  Annual Minimum (Switch to complex once met)      $ 5.00 /research request per account (Cap at 
   $15,000 per fund (use $16/account as basis)      $25.00/request) (For requested items of the second calendar year 
   $10,000 each additional class (use $16/acct as basis)      [or previous] to the request)  
  Basis Point (complex Level)       
     0.5 BPS on Asset Market Value for 1st 1 billion       
     0.20 BPS on assets $1 billion - $5 billion    Technology Charges 
     0.10 BPS on assets over $5 billion    1.     Implementation Services 
     Activity Charges      First CUSIP - $2,000 /first CUSIP 
     Telephone Calls - $1.00 /minute      Fund Setup - $1,500 /additional CUSIP 
     Voice Response Calls - $.35 /call      800 Service - $1,650 ATT transfer connect 
     AML New Account Service - $1.00/new domestic      VRU Setup - $500 /fund group 
     accounts and $2.00/new foreign account      NSCC Setup - $1,500 /fund group 
               AML Base Service (excl Level 3 accounts)    2.     12b-1 Aging - $1.50 /account/year 
               0-999 accounts - $500.00/year    3.     Average Cost - $.36 /account/year 
               1,000-4,999 accounts - $1,000/year    4.     File Transmissions - subject to requirements 
               5,000-9,999 accounts - $2,500/year    5.     Selects - $300 per select 
               10,000+ accounts - $5,000/year    6.     ReportSource - No Charge - Web reporting 
    7.     Physical Certificate Shares 
     ACH/EFT Shareholder Services:      Setup - $750 /fund 
                     $125.00 /month/fund group      Issue of Certificate - $10.00 /certificate transaction 
                     $ .50 /ACH item, setup, change    8.     Extraordinary services charged as incurred 
                     $5.00 /correction, reversal    Development/Programming - $150 /hour 
   Out-of-pocket Costs - Including but not limited to:    Conversion of Records - Estimate to be provided 
   Telephone toll-free lines, call transfers, etc.    Custom processing, re-processing 
   Mailing, sorting and postage       
   Stationery, envelopes       
   Programming, special reports       
   Insurance, record retention, microfilm/fiche       
   Proxies, proxy services       
   Lost shareholder search       
   ACH fees       
   NSCC charges       
   All other out-of-pocket expenses       
       
* Subject to CPI increase, Milwaukee MSA.       
 

3