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EXHIBIT 23(h)-4b
AGREEMENT TO TERMINATE
THE
ADMINISTRATIVE SERVICES AGREEMENT
BETWEEN BBOI WORLDWIDE LLC AND
XXXXXX INSTITUTIONAL PRODUCTS TRUST
WITH RESPECT TO THE
XXXXXX/BIAM IPT - INTERNATIONAL FUND
This AGREEMENT TO TERMINATE THE ADMINISTRATIVE SERVICES AGREEMENT (the
"Termination Agreement") is made effective the 12th of May, 2000 between BBOI
WORLDWIDE LLC, a Delaware limited liability company ("BBOI"), and XXXXXX
INSTITUTIONAL PRODUCTS TRUST, a Delaware business trust (the "Trust"), with
respect to the XXXXXX/BIAM IPT - INTERNATIONAL FUND, a series of the Trust (the
"Fund").
WHEREAS, BBOI and the Trust entered into that certain Administrative
Services Agreement dated May 1, 1997, whereas BBOI provides certain
administrative services to the Fund (the "Agreement");
WHEREAS, BBOI and the Trust desire to terminate the Agreement in the
manner hereinafter set forth;
NOW THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, BBOI Worldwide and the Trust agree
as follows:
1. Termination of the Agreement. The Agreement is hereby terminated.
2. Effect of Termination. Each party's rights, remedies, and
obligations under the Agreement are terminated without any liability whatsoever
to the other party.
IN WITNESS THEREOF, BBOI Worldwide and the Trust have caused this
Termination Agreement to be executed by their duly authorized officers effective
as of the date first written above.
XXXXXX INSTITUTIONAL PRODUCTS TRUST,
with respect to the XXXXXX/BIAM IPT - INTERNATIONAL FUND
By:
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Name: Xxxx X. Xxxxxxxx
Title: President
BBOI WORLDWIDE LLC
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Name: Xxxx X. Xxxxxxxx
Title: Co-Chief Executive Officer
