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EXHIBIT (k)(5)
COLONIAL INVESTMENT GRADE MUNICIPAL TRUST
One Financial Center
Boston, MA 02111
January 1, 1990
Colonial Management Associates, Inc.
One Financial Center
Boston, MA 02111
Dear Sirs:
This is in connection with the Service Contract (the "Contract") dated May
19, 1989.
This is to advise you that effective January 1, 1990, Section 4. of said
Contract is amended to read in its entirety as follows:
"4. COMPENSATION. For the performance of its obligations hereunder, the
Trust shall pay Colonial a monthly fee determined as follows:
A monthly fee of $1,500, plus percentage fee on assets equal to the
following: 0% for the first $50 million of Trust assets; a monthly fee of 1/12
of .0233% on the next $950 million; 1/12 of .0167% on the next $1 billion; 1/12
of .0100% of the next $1 billion; and 1/12 of .0007% on the excess over $3
billion of the average weekly net assets of the Trust for such month.
In the event this Agreement is in effect for only part of any month, the
fee payable shall be reduced proportionately on the basis of the number of
business days (any day on which the New York Stock Exchange is open for trading)
during which the Agreement was in effect for such month."
Colonial Management Associates, Inc.
Xxxxxx Xxxx, Vice President
Colonial Investment Grade Municipal Trust
Xxxxxx X. Xxxxxx, Vice President
