EXHIBIT (d)(3)
SCHEDULE I
AS AMENDED
AUGUST 14, 2000
Name of Fund Annual Fee
------------ ----------
KELMOORE STRATEGY(TM) FUND 1.00%
KELMOORE STRATEGY(TM) EAGLE FUND 1.00%
KELMOORE STRATEGY(TM) LIBERTY FUND 1.00%
Dated: August 14, 2000
KELMOORE STRATEGIC TRUST KELMOORE INVESTMENT COMPANY, INC.
By: /s/ Matthew Kelmon By: /s/ Ralph M. Kelmon, Jr.
------------------------ ------------------------
Name: Matthew Kelmon Name: Ralph M. Kelmon, Jr.
Title: President Title: President and Chief Executive Officer
------------------------ -------------------------------------