Exhibit (h)(1)(iii)
AMENDMENT TO THE TRANSFER AND
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DIVIDEND PAYING AGENCY AGREEMENT
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AMENDMENT made as of this 23rd day of January, 1999, by and between STATE STREET
BANK AND TRUST COMPANY ("State Street") and XXXXX XXXXXX INVESTMENT TRUST (the
"Fund").
WITNESSETH THAT:
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WHEREAS, State Street and the Fund are parties to a Transfer and Dividend
Paying Agency Agreement dated December 15, 1983 (the "Agreement") which governs
the terms and conditions under which State Street acts as agent for the Fund in
connection with the issue, redemption and transfer of shares of the Fund and
processes certain distributions of the Fund, including but not limited to
dividends of the Fund;
NOW THEREFORE, State Street and the Fund hereby amend the terms of the
Agreement and mutually agree to the following:
1. Xxxxxxxxx 0, xxxxxxxxxxxx (x) is hereby amended and restated in its
entirety as follows:
"Portfolios" shall hereinafter mean collectively the series of shares of
the Fund designated from time to time by the Board of Trustees of the Fund
(as of the date of this Amendment three (3) series of the Fund's Shares
have been designated, the "Growth Portfolio", the "Income Portfolio" and
the "Money Market Portfolio").
2. Paragraph 4 is hereby amended and restated in its entirety as follows:
4. Authorized Shares. The Fund certifies to State Street that, as of
the close of business on the date of this Amendment, the Fund is authorized
to issue an unlimited number of Shares in its Growth Portfolio, its Income
Portfolio and its Money Market Portfolio.
3. The compensation of State Street shall be adjusted as detailed on the
Schedule attached to this Amendment to the Agreement.
4. This Amendment shall become effective as of the date that the Money
Market Portfolio first has shareholders as a result of a public offering of its
shares (on or about June 1, 1999). Except as specifically amended herein, the
Agreement shall remain in full force and effect. This Amendment shall not limit
the rights of the parties to the Agreement and the parties hereto acknowledge
the binding effect of the Agreement.
IN WITNESS WHEREOF, each of the parties has caused this instrument to be
executed in its name and on its behalf by a duly authorized officer as of the
day and year first above written.
XXXXX XXXXXX INVESTMENT TRUST
ATTEST
By By
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STATE STREET BANK AND TRUST COMPANY
ATTEST
By
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Assistant Secretary Vice President
2
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National Financial Data Services, Inc.
Fee information For Services As Plan, Transfer & Dividend Disbursing Agent For
State Street Bank & Trust Co.
The Xxxxx Xxxxxx Funds
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Effective From January 1, 1999 Through December 1, 1999
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Account Maintenance Fees
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Xxxxx Xxxxxx Money Fund Trust $9.50 Per Year*
Xxxxx Xxxxxx Growth Fund $7.85 Per Year*
Xxxxx Xxxxxx Income Fund $7.85 Per Year*
Future Income/Equity Fund(s) $7.85 Per Year*
A monthly minimum account maintenance fee applies for each fund/cusip at the
following rates:
Xxxxx Xxxxxx Money Fund Trust $2,500
Xxxxx Xxxxxx Growth Fund $2,600
Xxxxx Xxxxxx Income Fund $1,750
Future Income/Equity Fund(s) $1,750
Out-Of-Pocket Expenses
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Out-Of-Pocket expenses include but are not limited to: mailing expenses
(statements, stationary, checks, certificates, sales literature, printing,
postage, etc.), automated telephone servicing charges, custom programming,
telecommunication expenses, equipment/software expenses (client-site only),
microfiche, freight and all other expenses incurred on the fund's behalf. Due to
the pass-through nature of Out-Of-Pocket expenses, all charges are subject to
change.
*Fees are billed monthly at 1/12 of the annual rate.
The Xxxxx Xxxxxx Funds National Financial Data Services, Inc.
By: /s/ Xxxx X. Xxxxxxx By: /s/
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Title: Treasurer Title: SR VP & COO
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Date: 1/26/99 Date: 1/22/99
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