Exhibit (h)(5)
LAUDUS TRUST
LAUDUS INSTITUTIONAL TRUST
▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇
▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇
May 21, ▇▇▇▇
▇▇▇▇▇ ▇▇▇▇▇▇ Bank and Trust Company
Legal Department, LCC/6
Two Avenue de Lafayette
▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Ladies and Gentlemen:
Reference is made to the Administration Agreement between us dated as of October
1, 2005 (the "Agreement"). Pursuant to the Agreement, this letter is to provide
notice of the creation of the following additional investment funds:
Laudus Mondrian Global Equity Fund (start date 6/17/08)
Laudus Mondrian International Equity Fund (start date 6/17/08)
In accordance with the Additional Funds provision of Section 1 of the Agreement,
we request that you act as Administrator with respect to each additional fund. A
current Schedule A to the agreement is attached hereto.
Please indicate your acceptance of the foregoing by executing two copies of this
Agreement, returning one to ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Investment Management, Inc. and
retaining one copy for your records.
Very truly yours,
LAUDUS TRUST
LAUDUS INSTITUTIONAL TRUST
On behalf of:
Laudus Mondrian Global Equity Fund
Laudus Mondrian International Equity Fund
By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇
---------------------------
Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇
Title: Chief Financial Officer and Treasurer, Duly
Accepted:
State Street Bank and Trust Company
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇
------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇
Title: Senior Vice President
SCHEDULE A
TO
MASTER FUND ADMINISTRATION AGREEMENT
MAY 21, 2008
MANAGEMENT INVESTMENT COMPANIES AND PORTFOLIOS THEREOF, IF ANY
LAUDUS TRUST
Laudus ▇▇▇▇▇▇▇▇▇ International Equity Fund
Laudus ▇▇▇▇▇▇▇▇▇ International Small Capitalization Fund
Laudus ▇▇▇▇▇▇▇▇▇ U.S. Discovery Fund
Laudus ▇▇▇▇▇▇▇▇▇ U.S. Large Capitalization Fund
Laudus ▇▇▇▇▇▇▇▇▇ U.S. Large Capitalization Growth Fund
Laudus ▇▇▇▇▇▇▇▇▇ U.S. Large Capitalization Value Fund
Laudus ▇▇▇▇▇▇▇▇▇ U.S. Small Capitalization Fund
Laudus ▇▇▇▇▇▇▇▇▇ Long/Short Equity Fund
Laudus ▇▇▇▇▇▇▇▇▇ International Discovery Fund
Laudus Mondrian International Fixed Income Fund
Laudus Mondrian Emerging Markets Fund
LAUDUS MONDRIAN GLOBAL EQUITY FUND
LAUDUS MONDRIAN INTERNATIONAL EQUITY FUND
LAUDUS INSTITUTIONAL TRUST (FORMERLY LAUDUS VARIABLE INSURANCE TRUST)
Laudus Mondrian Institutional International Equity Fund
Laudus Mondrian Institutional Emerging Markets Fund