AMENDMENT TO INVESTMENT ADVISORY SERVICES AGREEMENT BETWEEN
Exhibit
(d)(i)
AMENDMENT
TO INVESTMENT ADVISORY SERVICES AGREEMENT
BETWEEN
▇.▇.
▇▇▇▇▇▇▇ & CO. GROWTH FUND, INC. AND
▇.▇.
▇▇▇▇▇▇▇ & CO., INC.
This Amendment dated October 2, 2007,
to the Investment Advisory Services Agreement dated October 28, 1998 (the
“Agreement”), between ▇.▇. ▇▇▇▇▇▇▇ & Co. Growth Fund, Inc. (the “Fund”) and
▇.▇. ▇▇▇▇▇▇▇ & Co., Inc. (the “Adviser”), is hereby made by and between the
Fund and the Adviser.
WHEREAS, the parties wish to
amend the Advisory Fee as defined in the Agreement with effect from January 1,
2008;
NOW THEREFORE, in
consideration of the premises and for other good and valuable consideration,
receipt of which is hereby acknowledged, the parties, intending to be legally
bound, hereby agree as follows:
Effective
January 1, 2008, Section 7(a), sentence one of the Agreement is amended and
restated in its entirety to read as follows:
“As full
compensation for all services rendered, facilities furnished and expenses borne
by the Adviser hereunder, the Fund shall pay the Adviser compensation quarterly
in arrears at an annual rate of one percent (1.0%) of the average daily net
assets of the Fund (the “Advisory Fee”).”
IN WITNESS WHEREOF, the
undersigned have affixed their signatures signifying their agreement as of the
date first above written.
| ▇.▇. ▇▇▇▇▇▇▇ & Co. Growth Fund, Inc. | ▇.▇. ▇▇▇▇▇▇▇ & Co., Inc. | ||||
| By: |
/s/
▇▇▇▇▇ ▇. ▇▇▇▇▇
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By: |
/s/
▇▇▇▇▇ ▇▇▇▇▇
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Name:
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▇▇▇▇▇
▇. ▇▇▇▇▇
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Name:
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▇▇▇▇▇
▇▇▇▇▇
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Title:
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Treasurer
& Principal Financial Officer
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Title:
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Chief
Executive Officer
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