EXHIBIT 23(D)(IX) UNDER FORM N-1A
EXHIBIT 10 UNDER ITEM 601/REG. S-K
INVESTMENT ADVISORY CONTRACT
LETTER AGREEMENT
Huntington Asset Advisors, Inc.
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August 31, 2007
The Huntington Funds
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Dear Sirs:
Under the Investment Advisory Contract between Huntington Asset Advisors,
Inc. (the "Adviser") and The Huntington Funds (the "Trust"), dated June 23,
2006, the Adviser agrees to contractually waive all or a portion of its
investment advisory fee (based on average daily net assets) to which it is
otherwise entitled to receive from the Huntington VA Real Strategies Fund and/or
to reimburse certain operating expenses of the Funds in order to limit each
Fund's total direct operating expenses (i.e. exclusive in indirect underlying
fund operating expenses) to not more than 1.00% of the Fund's average daily net
assets, for the period starting September 1, 2007 through April 30, 2008.
If the foregoing correctly sets forth the agreement between the Trust and
the Adviser, please so indicate by signing and returning to the Trust the
enclosed copy hereof. This may be executed in counterpart.
Very truly yours,
HUNTINGTON ASSET ADVISORS, INC.
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Name: ▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇
Title: President
ACCEPTED:
THE HUNTINGTON FUNDS
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Name: ▇▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: Treasurer