EX-99.N 3 g15018rbb_exhibitn.txt AMENDED RULE Exhibit N AMENDED RULE 18F-3 PLAN 1. A portfolio of the RBB Fund, Inc. ("Portfolio") may issue more than one class of voting stock ("Class"), provided that: (a) Each such Class: (1) (i) Shall have a different arrangement for shareholder services or the distribution of securities or both, and shall pay all of the expenses of that arrangement; and (ii) May pay a different share of other expenses, not including advisory or custodial fees or other expenses related to the management of the Portfolio's assets, if those expenses are actually incurred in a different amount by that Class, or if the Class receives services of a different kind or to a different degree than other Classes; (2) Shall have exclusive voting rights on any matter submitted to shareholders that relates solely to its arrangement; (3) Shall have separate voting rights on any matter submitted to shareholders in which the interests of one Class differ from the interests of any other Class; and (4) Shall have in all other respects the same rights and obligations as each other class. (b) Expenses may be waived or reimbursed by the Portfolio's adviser, underwriter, or any other provider of services to the Portfolio. (c) (1) Any payments made under paragraph (a)(1)(i) of this Amended Rule 18f-3 Plan (the "Plan") shall conform to Appendix A to this Plan, as such Appendix A shall be amended from time to time by the Board. (2) Before any vote on the Plan or Appendix A, the Directors shall be provided, and any agreement relating to a Class arrangement shall require the parties thereto to furnish, such information as may be reasonably necessary to evaluate the Plan. (3) The provisions of the Plan in Appendix A are severable for each Class, and whenever any action is to be taken with respect to the Plan in Appendix A, that action will be taken separately for each Class. (d) A Portfolio may offer a Class with an exchange privilege providing that securities of the Class may be exchanged for certain securities of another Portfolio. Such exchange privileges are summarized in Appendix B, as may be modified by the Board from time to time, and are set forth in greater detail in the prospectuses of each of the Classes. APPENDIX A ---------- RBB FUND CURRENT DISTRIBUTION FEE LEVELS DECEMBER, 2004
A. MONEY MARKET PORTFOLIO Current Distribution Class Fee Level Effective Date ----- -------------------- -------------- 1. Sansom Street (Class I) fee 0.20% 4/10/91 Shareholder Service Fee 0.10% 8/16/88 2. Bedford (Class L) fee 0.65% 11/17/94 B. BOSTON PARTNERS LARGE CAP VALUE FUND Current Distribution Class Fee Level Effective Date ----- -------------------- -------------- 1. Institutional Class None 5/29/98 (Class QQ) 2. Advisor Class fee 0.50% 10/16/96 (Class SS) 3. Investor Class fee 0.25% 10/16/96 (Class RR) C. BOSTON PARTNERS MID CAP VALUE FUND Current Distribution Class Fee Level Effective Date ----- -------------------- -------------- 1. Investor Class fee 0.25% 6/1/97 (Class TT) 2. Institutional Class None 5/29/98 (Class UU)
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D. BOSTON PARTNERS ALL-CAP VALUE FUND Current Distribution Class Fee Level Effective Date ----- -------------------- -------------- 1. Institutional Class None 7/01/02 (Class VV) 2. Investor Class fee 0.25% 7/01/02 (Class WW) E. BOSTON PARTNERS SMALL CAP VALUE FUND II (FORMERLY MICRO CAP FUND) Current Distribution Class Fee Level Effective Date ----- -------------------- -------------- 1. Institutional Class None 7/01/98 (Class DDD) 2. Investor Class fee 0.25% 7/01/98 (Class EEE) F. BOSTON PARTNERS LONG/SHORT EQUITY (FORMERLY MARKET NEUTRAL FUND) Current Distribution Class Fee Level Effective Date ----- -------------------- -------------- 1. Institutional Class None 8/31/99 (Class III) 2. Investor Class fee 0.25% 8/31/99 (Class JJJ) G. SCHNEIDER CAPITAL MANAGEMENT SMALL CAP VALUE FUND Current Distribution Class Fee Level Effective Date ----- -------------------- -------------- 1. Investor (Class YY) None 4/6/98 H. SCHNEIDER CAPITAL MANAGEMENT VALUE FUND Current Distribution Class Fee Level Effective Date ----- -------------------- -------------- 1. Investor (Class PPP) None 10/01/02
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I. BOGLE SMALL CAP GROWTH FUND Current Distribution Class Fee Level Effective Date ----- -------------------- -------------- 1. Institutional (Class NNN) None 9/15/99 2. Investor (Class OOO) 9/15/99 Shareholder Services Fee 0.25% J. BAKER 500 GROWTH FUND Current Distribution Class Fee Level Effective Date ----- -------------------- -------------- 1. Institutional None 12/02/02 (Class II) 2. Class S Shareholder Servicing Fee 12/02/02 (Class JJ) 0.25% K. WEISS, PECK & GREER INVESTMENTS Current Distribution Class Fee Level Effective Date ----- -------------------- -------------- 1. Institutional None __/__/04 (Class ___) 2. Investor 12b-1 Fee __/__/04 (Class ____) 0.10%
4 APPENDIX B EXCHANGE PRIVILEGES OF THE PORTFOLIOS OF THE RBB FUND, INC.
==================================================== ============================================== ================================ FAMILY EACH PORTFOLIO (CLASS) . . . MAY BE EXCHANGED FOR ANY OF ---------------------------------------------------- ---------------------------------------------- -------------------------------- n/i* Emerging Growth (FF) Emerging Growth (FF) Growth (GG) Growth (GG) Mid Cap (HH) Small Cap Value (MMM) Mid Cap (HH) Small Cap Value (MMM) ---------------------------------------------------- ---------------------------------------------- -------------------------------- Robeco Boston Partners (Institutional Classes) Mid Cap Value (TT) ROBECO BOSTON PARTNERS: Large Cap Value (QQ) All-Cap Value (VV) Mid Cap Value (TT) Small Cap Value II (DDD) Large Cap Value (QQ) Long/Short Equity (III) All-Cap Value (VV) Small Cap Value II (DDD) Long/Short Equity (III) ROBECO WPG: Core Bond (W) Large Cap Growth (Y) Tudor (Z) ---------------------------------------------------- ---------------------------------------------- -------------------------------- Robeco Boston Partners (Investor Classes) Mid Cap Value (UU) ROBECO BOSTON PARTNERS: Large Cap Value (RR) All-Cap Value (WW) Mid Cap Value (UU) Small Cap Value II (EEE) Large Cap Value (RR) Long/Short Equity (JJJ) All-Cap Value (WW) Fund (LLL) Small Cap Value II(EEE) Long/Short Equity (JJJ) Fund (LLL) ROBECO WPG: Core Bond (Z) ---------------------------------------------------- ---------------------------------------------- -------------------------------- Robeco WPG (Institutional Classes) Core Bond (W) ROBECO BOSTON PARTNERS: Large Cap Growth (Y) Tudor (Z) Mid Cap Value (TT) Large Cap Value (QQ) All-Cap Value (VV) Small Cap Value II (DDD) Long/Short Equity (III) ROBECO WPG: Core Bond (W) Large Cap Growth (Y) Tudor (Z) ---------------------------------------------------- ---------------------------------------------- -------------------------------- Robeco WPG (Investor Classes) Core Bond (Z) ROBECO BOSTON PARTNERS: Mid Cap Value (UU) Large Cap Value (RR) All-Cap Value (WW) Small Cap Value II(EEE) Long/Short Equity (JJJ) Fund (LLL) ==================================================== ============================================== ================================ *During periods when these Portfolios are closed they are not eligible for exchange.
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