AMENDMENT TO CUSTODIAN AGREEMENT
Amendment dated November 16, 2005, to the Custodian Agreement, dated October 20,
2000, as amended, by and between State Street Bank and Trust Company (the
"Custodian") and each of the investment companies listed and described on
Exhibit I, as amended from time to time (each, the "Fund") (the "Agreement").
All capitalized terms not otherwise defined herein have the meanings ascribed to
them in the Agreement.
WHEREAS, each Fund and the Custodian wish to amend certain provisions of the
Agreement to allow for delivery out of margin in connection with trading in
futures and options on futures contracts entered into by such Fund, and
WHEREAS, each Fund and the Custodian wish to modify the language of the
provision on Proper Instructions.
NOW, THEREFORE, in consideration of the promises and covenants contained herein,
the Custodian and the Fund hereby agree to amend the Agreement as follows:
I. New Section 2.2(15) is hereby added, and existing Section 2.2(15) is hereby
amended and renumbered as 2.2(16) as set forth below. Existing Section
2.2(16) is hereby renumbered as 2.2(17).
[SECTION] 2.2 DELIVERY OF SECURITIES
(15) For delivery of initial or variation margin in connection with trading in
futures and options on futures contracts entered into the Fund on behalf of
the applicable Portfolio;
(16) For any other purpose, but only upon receipt of Proper Instructions from
the Fund, on behalf of the applicable Portfolio, specifying the securities
of the Portfolio to be delivered and naming the person or persons to whom
delivery of such securities shall be made; and
II. New Section 2.7(7) is hereby added, and existing Section 2.7(7) is
amended and renumbered as 2.7(8) as set forth below. Existing Section 2.7(8) is
hereby renumbered as 2.7(9).
[SECTION] 2.7 PAYMENT OF FUND MONIES
(7) For the payment of initial or variation margin in connection with trading
in futures and options on futures contracts entered into by the Fund on
behalf of the applicable Portfolio;
(8) For any other purpose, but oX upon receipt of Proper Instructions from the
Fund, on behalf of the applicable Portfolio, specifying the amount of such
payment and naming the person or persons to whom such payment is to be
made; and
II. SECTION 5 IS AMENDED AND REPLACED AS SET FORTH BELOW.
SECTION 5. PROPER INSTRUCTIONS
"Proper Instructions", which may also be standing instructions, as used
throughout this Agreement shall mean instructions received by the Custodian from
the Fund, the Fund's
investment manager or subadvisor, as duly authorized by the Fund. Such
instructions may be in writing signed by the authorized person or persons or may
be in a tested communication or in a communication utilizing access codes
effected between electromechanical or electronic devices or may be by such other
means and utilizing such intermediary systems and utilities as may be agreed to
from time to time by the Custodian and the person or entity giving such
instructions, provided that the Fund has followed any security procedures agreed
to from time to time by the Fund and the Custodian, including, but not limited
to, the security procedures selected by the Fund in the Funds Transfer Addendum
to this Agreement. Oral instructions will be considered Proper Instructions if
the Custodian reasonably believes them to have been given by a person authorized
to give such instructions with respect to the transaction involved. The Fund
shall cause all oral instructions to be confirmed in writing. For purposes of
this Section, Proper Instructions shall include instructions received by the
Custodian pursuant to any multi-party agreement, which requires a segregated
asset account in accordance with Section 2.12 and 3.21 of this Agreement. The
Fund or the Fund's investment manager shall cause its duly authorized officer to
certify to the Custodian in writing the names and specimen signatures of persons
authorized to give Proper Instructions. The Custodian shall be entitled to rely
upon the identity and authority of such persons until it receives notice from
the Fund to the contrary.
IN WITNESS WHEREOF, each of the parties has caused this instrument to be
executed in its name and on its behalf by its duly authorized representative as
of the date written above.
EACH FUND LISTED ON EXHIBIT I
By:/s/Xxxxxxx X. Xxxxxxxxx
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Name: Xxxxxxx X. Xxxxxxxxx
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Title:CFO
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STATE STREET BANK AND TRUST COMPANY
By:/s/Xxxxxx. X. Xxxxxx
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Xxxxxx X. Xxxxxx
Executive Vice President
Exhibit I
OCTOBER 31 FISCAL YEAR END FUNDS ("OCTOBER 31 FUNDS")
Credit Suisse Capital Appreciation Fund
Credit Suisse Capital Funds
Credit Suisse Large Cap Value Fund
Credit Suisse Small Cap Value Fund
Credit Suisse Commodity Return Strategy Fund
Credit Suisse Emerging Markets Fund
Credit Suisse Fixed Income Fund
Credit Suisse Global Fixed Income Fund
Credit Suisse Global Small Cap Fund
Credit Suisse Institutional Fund
Capital Appreciation Portfolio
Harbinger Portfolio
International Focus Portfolio
Investment Grade Fixed Income Portfolio
Large Cap Value Portfolio
Select Equity Portfolio
Credit Suisse International Focus Fund
Credit Suisse Japan Equity Fund
Credit Suisse Mid-Cap Growth Fund
Credit Suisse New York Municipal Fund
Credit Suisse Opportunity Funds
Credit Suisse High Income Fund
Credit Suisse Strategic Allocation Fund - Conservative
Credit Suisse Strategic Allocation Fund - Moderate
Credit Suisse Strategic Allocation Fund - Aggressive
Credit Suisse Small Cap Growth Fund
Credit Suisse Target Return Fund
DECEMBER 31 FISCAL YEAR END FUNDS ("DECEMBER 31 FUNDS")
Credit Suisse Cash Reserve Fund
Credit Suisse Global High Yield Fund
Credit Suisse Institutional Fixed Income Fund
Credit Suisse Institutional Money Market Fund
Government Portfolio
Prime Portfolio
Credit Suisse Large Cap Blend Fund
Credit Suisse Short Duration Bond Fund
Credit Suisse Trust
Blue Chip Portfolio
Commodity Return Strategy Portfolio
Emerging Markets Portfolio
Global Small Cap Portfolio
International Focus Portfolio
Large Cap Value Portfolio
Mid-Cap Growth Portfolio
Small Cap Growth Portfolio
Small Cap Value Portfolio
Each of the Investment Company Above and any Portfolios Thereof
By: /s/ J. Xxxxx Xxx
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Name: J. Xxxxx Xxx
Title: Vice President and Secretary
AGREED AND ACCEPTED:
STATE STREET BANK AND TRUST COMPANY
By: /s/Xxxxxx X. Xxxxxx
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Name: Xxxxxx X. Xxxxxx
Title: Executive Vice President, Duly Authorized
