EXHIBIT (h)(2)
AMENDMENT TO CO-ADMINISTRATION AGREEMENT
EFFECTIVE AS OF JUNE 5, 2002
First American Insurance Portfolios, Inc., a Minnesota corporation ("FAIP"), is
party to a Co-Administration Agreement with and among U.S. Bancorp Asset
Management, Inc. (FKA U.S. Bancorp Xxxxx Xxxxxxx Asset Management, Inc.), a
Delaware corporation ("USBAM"), and U.S. Bancorp Fund Services, LLC (FKA Firstar
Mutual Fund Services, LLC), a Wisconsin limited liability company ("USBFS" and
together with USBAM, the "Administrator").
WHEREAS, the parties originally entered into a Co-Administration
Agreement (the "Agreement"), dated October 1, 2001, for the Administrator to
provide administrative and other services to FAIP and its separate series; and
WHEREAS, the parties have, as of the Effective Date first set forth
above, agreed to this Amendment to the Agreement (the "Amendment").
THE AGREEMENT IS HEREBY AMENDED AS FOLLOWS:
1. The Agreement is amended to reflect the following name changes of the
Administrator:
On December 10, 2001, U.S. Bancorp Xxxxx Xxxxxxx Asset Management, Inc.
changed its name to U.S. Bancorp Asset Management, Inc. On January 1,
2002, Firstar Mutual Fund Services, LLC, changed its name to U.S.
Bancorp Fund Services, LLC.
2. Article 2(B) Transfer Agency and Dividend Disbursing Services, is amended to
replace references to "MFS" with the "Administrator" as each of USBFS and
USBAM may provide transfer agency and dividend disbursing services to FAIP
and its separate series.
IN WITNESS WHEREOF, the parties have signed this Amendment, to be effective as
of the Effective Date set forth above. All signed copies of this Amendment shall
be deemed to be originals.
FIRST AMERICAN INSURANCE U.S. BANCORP ASSET MANAGEMENT,
PORTFOLIOS, INC. INC.
BY /s/ Xxxxxxx X. Xxxxxx BY /s/ Xxxxxx X. Xxxxxx
NAME: NAME:
TITLE: Vice President TITLE: Chief Operating Officer
U.S. BANCORP FUND SERVICES, LLC
BY /s/ Xxx X. Xxxxxxx
NAME: Xxx X. Xxxxxxx
TITLE: President
