ASSIGNMENT
INVESTMENT COMPANY SERVICES AGREEMENT
This Assignment, dated as of the 1st day of December 2001, made by and
among Commonwealth International Series Trust (the "Fund"), Declaration Service
Company ("Declaration") and InCap Service Company ("InCap") (collectively the
"Parties").
WHEREAS, Declaration wishes to assign the Investment Company Services
Agreement between the Fund and Declaration, dated October 7, 2000 (the "Services
Agreement") to InCap; and
WHEREAS, InCap wishes to accept assignment of the Services Agreement.
NOW THEREFORE, in consideration of the premises and mutual covenants
contained herein, and the exchange of good and valuable consideration, the
sufficiency and receipt of which are hereby acknowledged, the Parties hereto
hereby agree as follows:
1. ASSIGNMENT. Declaration hereby assigns the Services Agreement to
InCap, together with all of Declaration's rights and obligations
thereunder. InCap hereby accepts assignment of the Services Agreement
from Declaration.
2. CONSENT TO ASSIGNMENT. Pursuant to Section 18 of the Services
Agreement, the Fund hereby acknowledges and consents to the assignment
of the Services Agreement.
1N WITNESS WHEREOF, the Parties hereto have caused this Assignment to be
executed by their duly authorized officers as of the day and year first written
above.
Commonwealth International Series Trust
Xxxxxx X. Xxxxxxx, President
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Declaration Service Company InCap Service Company
/s/ Xxxxxxx X. Xxxxx /s/ Xxxxxxx X. Xxxxx
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