CUSTODIAN AGREEMENT SUPPLEMENT
(Boston Partners Market Neutral Fund)
This supplemental agreement is entered into this ___ day of
____, 1998 by and between THE RBB FUND, INC. (the "Company") and PNC Bank,
National Association, (the "Custodian Agent").
The Company is a corporation organized under the laws of the
State of Maryland and is an open-end management investment company. The Company
and the Custodian have entered into a Custodian Agreement, dated as of August
16, 1988 (as from time to time amended and supplemented, the "Custodian
Agreement"), pursuant to which the Custodian has undertaken to act as custodian
for the Company with respect to the portfolios of the Fund, as more fully set
forth therein. Certain capitalized terms used without definition in this
Custodian Agreement Supplement have the meaning specified in the Custodian
Agreement.
The Fund agrees with the Custodian as follows:
1. ADOPTION OF CUSTODIAN AGREEMENT. The Custodian Agreement is
hereby adopted for the Boston Partners Market Neutral Fund.
2. COMPENSATION. As compensation for the services rendered by
the Custodian during the term of the Custodian Agreement, the Fund will pay to
the Custodian, with respect to Boston Partners Market Neutral Fund, monthly fees
as shall be agreed to from time to time by the Fund and the Custodian.
3. COUNTERPARTS. This Agreement may be executed in two or more
counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument.
IN WITNESS WHEREOF, the undersigned have entered into this
Agreement, intending to be legally bound hereby, as of the date and year first
above written.
THE RBB FUND, INC. PNC BANK, NATIONAL ASSOCIATION
By:______________________________ By:______________________________
