First Amendment
To
Fund Accounting And Compliance Administration Agreement
This First Amendment to Fund Accounting And Compliance Administration Agreement
("First Amendment"), made, entered and effective this 3rd day of December, 2003,
by and between PMFM Investment Trust, a Delaware statutory trust (the "Trust"),
and The Nottingham Management Company d/b/a The Nottingham Company, a North
Carolina corporation (the "Administrator").
WHEREAS, pursuant to that certain Fund Accounting and Compliance Administration
Agreement ("Agreement") dated June 20, 2003, between the Trust and the
Administrator, the Trust retained the Administrator to provide certain
administrative and compliance services to the Trust in the manner and on the
terms set forth therein; and
WHEREAS, the Trust and the Administrator wish to revise Schedule 1 to the
Agreement to add a new series of the Trust to the Agreement.
NOW, THEREFORE, in consideration of the premises and mutual covenants contained
in this First Amendment and intending to be legally bound, the Trust and the
Administrator agree as follows:
1. Modification to Schedule 1. Schedule 1 to the Agreement is hereby
modified and amended by adding the following new series of the Trust
to Schedule 1:
"PMFM Moderate Portfolio Trust"
2. Other. Except as expressly modified or amended herein, all other terms
and provisions of the Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this First Amendment to be
duly signed as of the day and year first above written.
Trust:
PMFM INVESTMENT TRUST
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
________________________
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
Title: Chairman
Administrator:
THE NOTTINGHAM MANAGEMENT COMPANY
D/B/A THE NOTTINGHAM COMPANY
By: /s/ C. ▇▇▇▇▇ ▇▇▇▇▇▇ III
_________________________
Name: C. ▇▇▇▇▇ ▇▇▇▇▇▇ III
Title: President