KINETICS PORTFOLIOS TRUST THIRD AMENDMENT TO THE FUND ADMINISTRATION SERVICING AGREEMENT
KINETICS
PORTFOLIOS TRUST
THIRD
AMENDMENT TO THE
THIS
THIRD AMENDMENT
dated as of this 15th day of December, 2006, to the Fund Administration
Servicing Agreement, dated as of January 1, 2002, as amended December 15, 2005
and June 16, 2006, is entered into by and between Kinetics Portfolios
Trust, a Delaware business trust (the “Trust”) and U.S. Bancorp
Fund Services, LLC, a Wisconsin limited liability company
("USBFS").
RECITALS
WHEREAS,
the Trust and USBFS have entered into a Fund Administration Servicing Agreement
dated as of January 1, 2002, as previously amended (the “Agreement”);
and
WHEREAS,
the Trust and USBFS desire to amend the Agreement; and
WHEREAS,
Section 6 of the Agreement allows for its amendment by a written instrument
executed by the Trust and USBFS;
NOW,
THEREFORE, the
Trust and USBFS agree as follows:
Exhibit
A
of the Agreement is hereby superseded and replaced with Exhibit A attached
hereto.
Except
to
the extent amended hereby, the Agreement shall remain in full force and
effect.
IN
WITNESS WHEREOF,
the parties hereto have caused this Third Amendment to be executed by a duly
authorized officer on one or more counterparts as of the date and year first
written above.
| KINETICS PORTFOLIOS TRUST | U.S. BANCORP FUND SERVICES, LLC | |
| By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇ | By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ | |
| Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇ | Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ | |
| Title: President | Title: Senior Vice President | |