Exhibit (g)(14)
NORTHERN INSTITUTIONAL FUNDS
ADDENDUM NO. 8 TO THE CUSTODIAN AGREEMENT
This Addendum No. 8, dated as of the 5th day of October, 1999, is
entered into between THE NORTHERN INSTITUTIONAL FUNDS (the "Trust"), a
Massachusetts business trust, and THE NORTHERN TRUST COMPANY, an Illinois state
bank ("Northern").
WHEREAS, the Trust and Northern have entered into a Custodian Agreement
(the "Agreement") dated June 8, 1992, as amended by Addendum No. 1 dated January
8, 1993, Addendum No. 2 dated July 1, 1993, Addendum No. 3 dated October 8,
1996, Addendum No. 4 dated April 22, 1997, Addendum No. 5 dated December 1,
1997, Addendum No. 6 dated January 27, 1998 and Addendum No. 7, dated March 31,
1998 pursuant to which the Trust has appointed Northern to act as custodian to
the Trust for its Diversified Assets Portfolio, Government Portfolio, Government
Select Portfolio, Tax-Exempt Portfolio, Global Asset Portfolio, Equity Index
Portfolio, Small Company Index Portfolio, Diversified Growth Portfolio, Focused
Growth Portfolio, U.S. Treasury Index Portfolio, U.S. Government Securities
Portfolio, Short-Intermediate Bond Portfolio, Bond Portfolio, Balanced Portfolio
and Intermediate Bond Portfolio; and
WHEREAS, the Trust is establishing the Small Company Growth Portfolio,
the Municipal Portfolio, the Mid Cap Growth Portfolio and the MarketPower
Portfolio (the "Portfolios"), and it desires to retain Northern under the terms
of the Agreement to act as the custodian for the Portfolios, and Northern is
willing to so act;
NOW THEREFORE, the parties hereto, intending to be legally bound,
hereby agree as follows:
1. Appointment. The Trust hereby appoints Northern
custodian to the Trust for the Portfolios for the
period and on the terms set forth in the Agreement.
Northern hereby accepts such appointment and agrees
to render the services set forth in the Agreement for
the compensation therein provided.
2. Capitalized Terms. From and after the date hereof,
the term "Portfolios" as used in the Agreement shall
be deemed to include the Small Company Growth
Portfolio, the Municipal Portfolio, the Mid Cap
Growth Portfolio, and the Market Power Portfolio.
Capitalized terms used herein and not otherwise
defined shall have the meanings ascribed to them in
the Agreement.
3. Miscellaneous. Except to the extent supplemented
hereby, the Agreement shall remain unchanged and in
full force and effect, and is hereby ratified and
confirmed in all respects as supplemented hereby.
IN WITNESS WHEREOF, the undersigned have executed this Addendum as of
the day and year first above written.
NORTHERN INSTITUTIONAL FUNDS
Attest:
By:
Name:
Title:
THE NORTHERN TRUST COMPANY
Attest:
By:
Name:
Title:
