EXHIBIT (d)5.2
LETTER AGREEMENT
Xxxxx Xxxxxxx Investment Management Company
P.O. Box 1591
Tacoma, WA 98401-1591
Dear Sirs:
This Letter Agreement relates to the Amended and Restated Administrative
Agreement between Xxxxx Xxxxxxx Investment Company and Xxxxx Xxxxxxx Investment
Management Company dated May 25, 2004 ("Administrative Agreement"). Xxxxx
Xxxxxxx Investment Company advises you that it is creating four new funds to be
named 2010 Strategy Fund, 2020 Strategy Fund, 2030 Strategy Fund, 2040 and
Strategy Fund (each, a "Target Date Fund") and that each Target Date Fund
desires Xxxxx Xxxxxxx Investment Management Company to provide administrative
services to it pursuant to the terms and conditions of the Administrative
Agreement. Section 6A of the Administrative Agreement is hereby amended to
include each Target Date Fund, each with an annual administrative fee of 0.05%
of average daily net assets, payable as set forth in that Section.
Please indicate your acceptance of the amendment to the Administrative Agreement
by executing the acceptance copy of this letter agreement and returning it to
the undersigned.
Sincerely,
XXXXX XXXXXXX INVESTMENT COMPANY
By: /s/ Xxxx X. Xxxxxxx
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Xxxx X. Xxxxxxx
Treasurer
Accepted this 15th day of December, 2004
XXXXX XXXXXXX INVESTMENT
MANAGEMENT COMPANY
By: /s/ Xxxx X. Xxxxx
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Xxxx X. Xxxxx
President
