[GRAPHIC: ACCOLADE FUNDS LOGO]
ACCOLADE FUNDS
Bonnel Growth Fund
MegaTrends Fund
Xxxxxx Xxx Global Opportunity Fund
November 14, 1996
United Shareholder Services, Inc.
0000 Xxxxxxxxx Xxxx
Xxx Xxxxxxx, XX 00000
Gentlemen:
Pursuant to Section 1(b) of the Transfer Agency Agreement dated September 21,
1994, between Accolade Fund (the "Trust") and United Shareholder Services, Inc.
(the "Transfer Agent"), please be advised that the Trust has established a new
series of its shares, namely the Xxxxxx Xxx Global Opportunity Fund, and be
further advised that the Trust desires to retain the Transfer Agent to render
services under the Transfer Agency Agreement to this Fund at the fee stated in
Amendment No. 1 to the fee schedule of the Transfer Agency Agreement.
Please state below whether you are willing to render such services at the fee
stated above.
ACCOLADE FUNDS
Attest: By:
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XXXXXX X. XXXX, SECRETARY XXXXX X. XXXXXX, PRESIDENT
Date:
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................................................................................
We are willing to render services to the Leeb Value Fund at the fee stated
above.
UNITED SHAREHOLDER SERVICES, INC.
Attest: By:
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XXXXX X. XXXXX, SECRETARY XXXXX X. XXXXXX, PRESIDENT
................................................................................
0000 Xxxxxxxxx Xxxx
Mail Address: P.O. Box 781234, San Antonio, TX 78278-1234
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