EX-8.(A)(2) 4 e14155ex8a2.txt AMENDMENT TO AGREEMENT Exhibit 8(a)(2) AMENDMENT TO THE TRANSFER AGENCY, DIVIDEND DISBURSING AGENCY AND SHAREHOLDER SERVICING AGENCY AGREEMENT WHEREAS, Financial Data Services, Inc. ("FDS") and Merrill Lynch Ready Assets Trust (the "Fund"), on behalf of itself and certain of its series, entered into a Transfer Agency, Dividend Disbursing Agency and Shareholder Servicing Agency Agreement, as amended (the "Agreement"); and WHEREAS, the parties hereto desire to amend the Agreement to reflect changes in compensation payable to FDS for certain services under the Agreement. NOW, THEREFORE, FDS and the Fund hereby amend the Agreement as follows: The parties agree that the compensation payable in connection with certain 401(k) Plan accounts will be changed. Pursuant to Section 4 of the Agreement, the compensation payable to FDS on services for such accounts is set forth in the Amended and Restated Schedule of Fees attached to this Amendment, which shall become a part of the Agreement and shall be effective as of December 1, 2001. IN WITNESS HEREOF, the parties hereto have executed this Amendment as of this first day of December, 2001 By: /s/ Donald C. Burke ---------------------------- Name: Donald C. Burke Title: Treasurer FINANCIAL DATA SERVICES, INC. By: /s/ Sharon Hockersmith ---------------------------- Sharon Hockersmith Vice President Amended and Restated Schedule of Fees Merrill Lynch Money Market Funds Agency, Record-keeping and Transaction Fees: The Fund shall pay monthly the following agency and record-keeping fees to FDS on an annual basis per account, unless otherwise noted:
---------------------------------------------------------------------------------------------------------------------- Active Account Fee(5) Closed Account Fee(7) Transaction Fee -------------------------------------------------------------------------------------------------- Ready Assets Trust Ready Assets Trust Ready Assets Trust Distribution ML USA Govt. Resv. Retire ML USA Govt. Resv. Retire ML USA Govt. Resv. Retire Channel ML US Trea Money Resrv. ML US Trea Money Resrv. ML US Trea Money Resrv. ---------------------------------------------------------------------------------------------------------------------- Proprietary Retail(1) $15 $6.50(6) $0.20/month $0.20/month N/A N/A ---------------------------------------------------------------------------------------------------------------------- Direct Account $15 $6.50(6) $0.20/month $0.20/month N/A N/A ---------------------------------------------------------------------------------------------------------------------- MFA ERISA(2) 0.10% 0.10% N/A N/A N/A N/A ---------------------------------------------------------------------------------------------------------------------- RG Recordkept Plans(3) $8.50 $6.00 N/A N/A $1/Trans. $1/Trans. ---------------------------------------------------------------------------------------------------------------------- ML Connect Network Plans(4) $12 $12 N/A N/A N/A N/A ----------------------------------------------------------------------------------------------------------------------
NOTES: 1. Shares are sold through Merrill Lynch, Pierce, Fenner & Smith Incorporated ("MLPF&S"), excluding MFA ERISA accounts. Certain MLPF&S fee-based program accounts are subject to separately negotiated transfer agency and recordkeeping fees. 2. Shares are held through the MLPF&S MFA (Mutual Fund Advisor) program, or any other fee-based program, in accounts requiring equalization under ERISA. Fees are calculated based on average daily net assets. 3. Shares are sold to participants of a defined benefit or defined contribution plan(a "Plan") that is recordkept by Merrill Lynch. 4. Shares are sold to participants of a Plan for which a third-party administrator (currently BISYS, Paychex, Inc., Invesco Retirement, Inc., MFS and Oppenheimer Funds) is the record-keeper pursuant to certain agreements with Merrill Lynch. 5. Fees apply to accounts that are active for any portion of a month. 6. For accounts greater than $1 million the charge is $6.00 per account, and less than $1 million is $6.50. 7. A Closed Account Fee will be assessed on all accounts that close during the calendar year. Application of this fee will commence the month following the month in which the account is closed and be assessed for the remainder of the calendar year. 2 Out-of-Pocket Expenses: The Fund shall pay the following out-of-pocket costs incurred by FDS: o Postage o Special Mail processing expenses, including, but not limited to, postal presort, householding, exception extract, and duplicate elimination o Envelopes, stationary o Record storage and retrieval o Telephone (local and long distance) o Pre-authorized checks o Returned check fees/charges and other similar fees/charges o Handling costs or similar supplemental charges imposed by ADP or other vendor delivering goods and services related to the Agreement o Fed wire charges, excluding wire to/from Fund custody accounts o Forms o Any other costs as mutually agreed by the parties Estimated miscellaneous out-of-pocket expenses are paid monthly based on an annualized rate of $0.04 per account. This estimated expense rate may be increased or decreased periodically, as necessary, to more accurately reflect anticipated actual expenses. On a semi-annual basis, the actual miscellaneous out-of-pocket expenses incurred will be compared to the estimated out-of-pocket expense paid. The appropriate adjustment will be made by FDS Finance or MLIM Accounts Payable at that time. Extraordinary Expenses: The fees and expense reimbursements described above do not cover extraordinary services, including, but not limited to, administration of a merger or liquidation. Fees and expense reimbursements in connection with extraordinary services will be mutually agreed by the parties prior to the performance of such services.