AMENDMENT TO. SECTION 1.1
AMENDMENT TO. FUND ACCOUNTING AGREEMENT
AMENDMENT TO. ARTICLE VII ------------------------
AMENDMENT TO. SECTION 1.1(a). Effective as of the date hereof, Section 1.1(a) of the Agreement is hereby amended to read in its entirety as follows:
AMENDMENT TO. ARTICLE 1. The provisions of Article 1 of the Agreement are hereby amended as follows:
(a) by adding the following new definition:
AMENDMENT TO. SECTION 8.11:
AMENDMENT TO. ARTICLE THREE. The third paragraph of Section 3.05 of Article Three of the Indenture is hereby supplemented and amended, solely with respect to that series of Securities which consists of Notes, to read in its entirety as follows: "Subject to Sections 2.06 and 2.07, at the option of the Holder, Securities of any series may be exchanged for other Securities of such series of any authorized denominations, of a like aggregate principal amount and Stated Maturity and of like tenor and terms (including an exchange of Initial Notes for Exchange Notes), upon surrender of the Securities to be exchanged at such office or agency. Whenever any Securities are so surrendered for exchange, the Company shall execute, and the Trustee shall authenticate and deliver, the Securities which the Securityholder making the exchange is entitled to receive; PROVIDED, that no exchanges of Initial Notes for Exchange Notes shall occur until a Registration Statement shall have been declared effective by the Commission (confirmed in an Officers' Certificate delivered to the Trustee) and that any Initial Notes that are exchanged for Exchange Notes shall be canceled by the Trustee."
AMENDMENT TO. EXECUTIVE EMPLOYMENT AGREEMENT
AMENDMENT TO. ARTICLE 1. Effective as of the date hereof, each reference to the date "October 30, 1998" contained in the definition of the term "TERMINATION DATE" is hereby amended to read "February 28, 1999".
AMENDMENT TO. SECTION 2.1 - "COMPENSATION AND BENEFITS." The first sentence of Section 2.1 is hereby amended and modified so as to reflect Executive's current salary as $345,000 per annum.
