EXHIBIT-(d)1.5
LETTER AGREEMENT
Xxxxx Xxxxxxx Investment Management Company
P.O. Box 1591
Tacoma, WA 98401-1591
Dear Sirs:
This Letter Agreement relates to the Advisory Agreement between Xxxxx Xxxxxxx
Investment Company ("FRIC") and Xxxxx Xxxxxxx Investment Management Company
("FRIMCo") dated January 1, 1999 ("Advisory Agreement"). FRIC advises you that
it is creating four new funds to be named 2010 Strategy Fund, 2020 Strategy
Fund, 2030 Strategy Fund and 2040 Strategy Fund (each, a "LifePoints Strategy
Fund") and that each LifePoints Strategy Fund desires FRIMCo to provide advisory
services to the Fund pursuant to the terms and conditions of the Advisory
Agreement. Section 6A of the Advisory Agreement is hereby amended to include
each LifePoints Strategy Fund, each with an annual advisory fee of 0.20% of
average daily net assets, payable as set forth in that Section.
Please indicate your acceptance of the amendment to the Advisory Agreement by
executing the acceptance copy of this letter agreement and returning it to the
undersigned.
Sincerely,
XXXXX XXXXXXX INVESTMENT COMPANY
By:__________________________
Xxxx X. Xxxxxxx
Treasurer
Accepted this ____ day of __________ _____, 2004
XXXXX XXXXXXX INVESTMENT
MANAGEMENT COMPANY
By:__________________________
Xxxxxxx X. Xxxxxxx
President
Xxxxx Xxxxxxx Company agrees to provide consulting services without charge to
FRIC upon the request of the Board of Trustees or Officers of the Trust, or upon
the request of Advisor pursuant to Section 2(c).
XXXXX XXXXXXX COMPANY
By:_________________________________
X. Xxxxx Xxxxxx, President