ACCOLADE FUNDS
AMENDMENT NO. 2 TO THE
FIRST AMENDED AND RESTATED MASTER TRUST AGREEMENT
AMENDMENT NO. 2 to the First Amended and Restated Master Trust Agreement of
Accolade Funds dated May 22, 1996, made at San Antonio, Texas, this 5th day of
February, 1997, by the Trustee hereunder.
WITNESSETH:
WHEREAS, Section 7.3 of the Amended and Restated Master Trust Agreement dated
May 22, 1996, (the "Agreement") of Accolade Funds (the "Trust") provides that
the Agreement may be amended at any time, so long as such amendment does not
adversely affect the rights of any shareholder with respect to which such
amendment is or purports to be applicable and so long as such amendment is not
in contravention of applicable law, including the Investment Company Act of
1940, by an instrument in writing, signed by an officer of the Trust pursuant to
a vote of a majority of the Trustees of the Trust; and
WHEREAS, a majority of the Trustees of the Trust desire to amend the Agreement
to change the name of the Master Trust pursuant to Section 1.1 of the Agreement;
and
WHEREAS, a majority of the Trustees of the Trust have duly adopted the amendment
to the Agreement shown below on February 5, 1997, and authorized the same to be
filed with the Secretary of State of the Commonwealth of Massachusetts;
1. NOW, THEREFORE, the undersigned Xxxxx X. Xxxxxx, the duly elected and serving
President of the Trust, pursuant to the authorization described above, hereby
amends the paragraph of Section 1.1 of the Amended and Restated Master Trust
Agreement, as heretofore in effect, to read as follows:
"Section 1.1 NAME AND PRINCIPAL OFFICE. This Trust shall be known as
U.S. Global Accolade Funds and the Trustees shall conduct the business
of the Trust under the name or any other name or names as they may from
time to time determine. The principal office of the Trust shall be
located at 0000 Xxxxxxxxx Xxxx, Xxx Xxxxxxx, Xxxxx, or at such other
location as the Trustees may from time to time determine."
WITNESS my hand and seal this 21st day of February , 1997.
/s/ Xxxxx X. Xxxxxx
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XXXXX X. XXXXXX, PRESIDENT
STATE OF TEXAS )
)ss
COUNTY OF BEXAR )
Then personally appeared the above-name Xxxxx X. Xxxxxx and acknowledged this
instrument to be his free act and deed this 21st day of February, 1997.
/s/ Xxxx X Xxxxx
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JUNE X. XXXXX
Notary Public
State of Texas
My Commission expires 02-14-00
