AMENDMENT TO
COMPLIANCE SERVICES AGREEMENT
This Amendment, dated as of December 12, 2005 (the "Amendment"), amends the
Compliance Services Agreement (as amended to date, the "Agreement") dated as of
June 22, 2004, between HSBC Investor Funds Trust, HSBC Advisor Funds Trust, and
HSBC Investor Portfolios, (each, a "Trust," and collectively, the "Trust"), and
BISYS Fund Services Ohio, Inc. ("BISYS").
WHEREAS, pursuant to the Agreement, BISYS performs certain services for the
Trust;
WHEREAS, the parties wish to extend the term of the Agreement and increase
the annual fee payable under the Agreement.
NOW THEREFORE, BISYS and the Trust, in exchange for good and valuable
consideration, the receipt and sufficiency of which is acknowledged by the
parties, agree as follows:
1. Term.
Section 5(a) of the Agreement is deleted and replaced with the following
new Section 5(a):
"(a) The compliance services to be rendered by BISYS under this Agreement
(the "Compliance Services") shall commence upon the date of this Agreement
and shall continue in effect until December 31, 2006, unless earlier
terminated pursuant to the terms of this Agreement. During such term, the
Compliance Services may be terminated upon 30 days notice in the event
there is "cause," as defined in the Sub-Administration Agreement, or by
providing the other party with 90 days written notice of termination."
2. Fees.
Schedule A of the Agreement is amended by increasing the annual fee
set forth on Schedule A from $200,000 to $240,000.
3. Miscellaneous.
(a) Capitalized terms used but not defined in this Amendment have the
respective meanings ascribed to them in the Agreement.
(b) This Amendment supersedes all prior negotiations, understandings
and agreements with respect to the subject matter covered in this Amendment,
whether written or oral.
(c) Except as expressly set forth in this Amendment, the Agreement
remains unchanged and in full force and effect.
(d) This Amendment may be executed in counterparts, each of which
shall be an original but all of which, taken together, shall constitute one and
the same agreement.
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IN WITNESS WHEREOF, a duly authorized officer of each party has signed this
Amendment as of the date set forth above.
BISYS Fund Services Ohio, Inc.
By:
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Name: ▇▇▇▇ ▇▇▇▇▇▇▇
Title: President
HSBC Investor Funds Trust
By:
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Name:
Title:
HSBC Advisor Funds Trust
By:
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Name:
Title:
HSBC Investor Portfolios
By:
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Name:
Title:
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