FIRST AMENDMENT TO THE CUSTODY AGREEMENT
FIRST AMENDMENT TO THE CUSTODY AGREEMENT
THIS FIRST AMENDMENT dated as of the 8th day of February, 2010, to the Custody Agreement, dated as of October 15, 2009 (the "Agreement"), is entered into by and between SPECIAL OPPORTUNITIES FUND, INC. f/k/a INSURED MUNICIPAL INCOME FUND INC., a Maryland corporation (the “Fund”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association (the "Custodian").
RECITALS
WHEREAS, the parties have entered into the Agreement; and
WHEREAS, the Fund and the Custodian desire to amend said Agreement referencing a name change; and
WHEREAS, Article XV, Section 15.02 of the Agreement allows for its amendment by a written instrument executed by both parties and authorized or approved by the Board of Directors.
NOW THEREFORE, the Fund and the Custodian agree as follows:
Effective December 15, 2009, the name Insured Municipal Income Fund Inc. was changed to Special Opportunities Fund, Inc. Accordingly, all references to Insured Municipal Income Fund in the Agreement should be replaced with Special Opportunities Fund, Inc.
Exhibit C is hereby superseded and replaced with Amended Exhibit C attached hereto.
Except to the extent amended hereby, the Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this First Amendment to be executed by a duly authorized officer on one or more counterparts as of the date and year first written above.
| SPECIAL OPPORTUNITIES FUND, INC. | U.S. BANK NATIONAL ASSOCIATION |
| By: /s/ Xxxxxx Xxxxx | By: /s/ Xxxxxxx X. XxXxx |
| Name: Xxxxxx Xxxxx | Name: Xxxxxxx X. XxXxx |
| Title: President | Title: Vice President |
2010
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AMENDED EXHIBIT C
Fund Names
Special Opportunities Fund
2010 2
