EXHIBIT (h)(15)
NORTHERN FUNDS
ADDENDUM NO. 14 TO THE TRANSFER AGENCY AGREEMENT
This Addendum, dated as of the 17th day of May, 2001, is entered
into between NORTHERN FUNDS (the "Trust"), a Delaware business trust, and THE
NORTHERN TRUST COMPANY, an Illinois state bank (the "Transfer Agent").
WHEREAS, the Trust and the Transfer Agent have entered into a
Transfer Agency Agreement dated as of April 1, 1994 as amended by Addendum No. 1
dated November 29, 1994, by Addendum No. 2 dated March 29, 1996, by Addendum
No. 3 dated August 7, 1996, by Addendum No. 4 dated March 24, 1997, by Addendum
No. 5 dated February 12, 1997, by Addendum No. 6 dated November 18, 1997,
Addendum No. 7 dated December 21, 1998, by Addendum No. 8 dated September 15,
1999, Addendum No. 9 dated December 28, 1999, Xxxxxxxx Xx. 00 dated February 8,
2000, Xxxxxxxx Xx. 00 dated July 31, 2000, Xxxxxxxx Xx. 00 dated August 1, 2000
and Xxxxxxxx Xx. 00 dated August 1, 2000 (the "Transfer Agency Agreement")
pursuant to which the Trust has appointed the Transfer Agent to act as transfer
agent to the Trust for the Money Market Fund, U.S. Government Money Market Fund,
Municipal Money Market Fund, U.S. Government Select Money Market Fund,
California Municipal Money Market Fund, U.S. Government Fund, Fixed Income Fund,
Intermediate Tax-Exempt Fund, Tax-Exempt Fund, Global Fixed Income Fund
(formerly known as the International Fixed Income Fund), Income Equity Fund,
Growth Equity Fund, Select Equity Fund, Small Cap Value Fund (formerly known as
the Small Cap Fund), International Growth Equity Fund, International Select
Equity Fund, Technology Fund, Stock Index Fund, Florida Intermediate Tax-Exempt
Fund, Short-Intermediate U.S. Government Fund, California Intermediate
Tax-Exempt Fund, Arizona Tax-Exempt Fund, California Tax-Exempt Fund, Small Cap
Index Fund, Mid Cap Growth Fund, High Yield Municipal Fund, High Yield Fixed
Income Fund, Tax-Exempt Money Market Fund, Small Cap Growth Fund, Blue Chip 20
Fund. Global Communications Fund, Large Cap Value Fund and the Growth
Opportunities Fund; and
WHEREAS, the Trust is establishing the Value Fund (the "Fund"), and
the Trust desires to retain the Transfer Agent under the terms of the Transfer
Agency Agreement to render transfer agency and other services with respect to
the Fund and the record and/or beneficial owners of the Fund, and the Transfer
Agent is willing to render such services.
NOW THEREFORE, the parties hereto, intending to be legally bound,
hereby agree as follows:
1. APPOINTMENT. The Trust hereby appoints the Transfer Agent as
transfer agent with respect to the Fund in accordance with the
terms set forth in the Transfer Agency Agreement, as amended
to date. The Transfer Agent hereby accepts such appointment
and agrees to render the services and perform the duties set
forth in the Transfer Agency Agreement for the compensation
therein provided.
2. CAPITALIZED TERMS. From and after the date hereof, the term
"Current Funds" as used in the Transfer Agency Agreement shall
be deemed to include the Fund. Capitalized terms used herein
and not otherwise defined shall have the meanings ascribed to
them in the Transfer Agency Agreement.
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3. MISCELLANEOUS. The initial term of the Transfer Agency
Agreement with respect to the Fund shall continue, unless
sooner terminated in accordance with the Transfer Agency
Agreement, until March 31, 2002. Except to the extent
supplemented hereby, the Transfer Agency Agreement, as amended
to date, shall remain unchanged and in full force and effect,
and is hereby ratified and confirmed in all respects as
supplemented hereby.
IN WITNESS WHEREOF, the undersigned have executed this Addendum as
of the date and year first above written.
All signatures need not appear on the same copy of this Addendum.
NORTHERN FUNDS
Attest: /s/ Xxxxx Xxxxxxxx By: /s/ Xxxx Xxxxxxxxxx
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Title: Vice President
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THE NORTHERN TRUST COMPANY
Attest: /s/ Xxxxx Xxxxxxxx By: /s/ Xxxxxxx X. Xxxxxx III
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Title: Vice President
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