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EXHIBIT (8)(d)
ADDENDUM NO. 2 TO CUSTODIAN AGREEMENT
This Addendum, dated as of the 9th day of May, 1991, is entered into
between TRUST FOR FEDERAL SECURITIES (the "Company"), a Pennsylvania business
trust, and PROVIDENT NATIONAL BANK ("Provident"), a national banking
association.
WHEREAS, the Company and Provident have entered into a Custodian
Agreement dated June 1, 1989, as supplemented by Addendum No. 1 dated as of
November 1, 1990 (the "Custodian Agreement"), pursuant to which the Company
appointed Provident to act as custodian to the Company for its FedFund
portfolio, its T-Fund portfolio, its Federal Trust Fund portfolio, its Treasury
Trust Fund portfolio, its Short Government Fund portfolio, its Intermediate
Government Fund portfolio and its Long Government Fund portfolio (each a
"Fund");
WHEREAS, Paragraph 1 of the Custodian Agreement provides that in the
event the Company establishes one or more additional Funds with respect to which
it desires to retain Provident to act as the custodian under the Custodian
Agreement, the Company shall so notify Provident in writing and if Provident is
willing to render such services it shall notify the Company in writing, and the
compensation to be paid to Provident shall be that which is agreed to in writing
by the Company and Provident; and
WHEREAS, pursuant to Paragraph 1 of the Custodian Agreement, the Company
has notified Provident that it has established the FedCash portfolio ("FedCash")
and T-Cash portfolio ("T-Cash"), and that it desires to retain Provident to act
as the custodian therefor, and Provident has notified the Company that it is
willing to serve as custodian for FedCash and T-Cash.
NOW THEREFORE, the parties hereto, intending to be legally bound, hereby
agree as follows:
1. Appointment. The Company hereby appoints Provident to act as
custodian to the Company for FedCash and T-Cash for the period and on the terms
set forth in the Custodian Agreement. Provident hereby accepts such appointment
and agrees to render the services set forth in the Custodian Agreement, for the
compensation agreed to in writing by the Company and Provident pursuant to
Paragraph 21 of the Custodian Agreement.
2. Capitalized Terms. From and after the date hereof, the term "Fund"
as used in the Custodian Agreement shall be deemed to include FedCash and
T-Cash. Capitalized terms used herein and not otherwise defined shall have the
meanings ascribed to them in the Custodian Agreement.
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3. Miscellaneous. Except to the extent supplemented hereby, the
Custodian Agreement shall remain unchanged and in full force and effect and is
hereby ratified and confirmed in all respects as supplemented hereby.
IN WITNESS WHEREOF, the undersigned have executed this Addendum as of
the date and year first above written.
TRUST FOR FEDERAL SECURITIES
By: /s/
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Title: Vice President & Treasurer
PROVIDENT NATIONAL BANK
By: /s/
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Title: Vice President
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