h(10)
SUB-ADMINISTRATION AGREEMENT
This Amendment dated as of September 16, 1999, is entered into by ABN AMRO FUND
SERVICES, INC. (the "Company") and FIRST DATA INVESTOR SERVICES GROUP, INC.
("Investor Services Group").
WHEREAS, the Company and Investor Services Group have entered into a
Sub-Administration Agreement dated as of July 1, 1998 (as amended or
supplemented, the "Agreement"); and
WHEREAS, the Company and Investor Services Group wish to amend the
Agreement to revise the description of services to be provided by Investor
Services Group to the Company and related matters;
NOW, THEREFORE, the parties hereto, intending to be legally bound
hereby, hereby agree as follows:
I. The following is hereby added to Schedule D of the Agreement:
Sales Support Services
Sales literature review and recommendations for compliance with NASD and SEC
rules and regulations Preparation of training materials for use by personnel of
the Company or the Adviser Preparation of ongoing compliance updates
Coordination of registration of the Fund with National Securities Clearing Corp.
("NSCC") and filing required Fund/SERV reports with NSCC Provision of advice and
counsel to the Company with respect to regulatory matters, including monitoring
regulatory and legislative developments that may affect the Company Assistance
in the preparation of quarterly board materials with regard to sales and other
distribution related data reasonably requested by the board
II. This Amendment shall become effective immediately upon the consummation of
the acquisition of Investor Services Group by a subsidiary of PNC Bank Corp.,
which the parties anticipate to occur on or about December 1, 1999.
III. Except to the extent amended hereby, the Agreement shall remain
unchanged and in full force and effect and is hereby ratified and confirmed in
all respects as amended hereby.
IN WITNESS WHEREOF, the undersigned have executed this Amendment as of
the date and year first written above.
ABN AMRO FUND SERVICES, INC.
By: /s/ Xxxxxx X. Xxxxx
FIRST DATA INVESTOR SERVICES
GROUP, INC.
By: /s/ Jylanne Xxxxx
