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WORLD TECHNOLOGIES PORTFOLIO
AGREEMENT AND DECLARATION OF UNITHOLDERS
This AGREEMENT AND DECLARATION OF UNITHOLDERS is made
at Minneapolis, Minnesota, as of this 13th day of November, 1996 by
the holders of beneficial interest of World Technologies Portfolio,
a separate series of World Trust.
WITNESS THAT, the Declaration of Trust (the
"Declaration of Trust") for World Trust, dated November 13, 1996,
on file in the office of the Secretary of State in the Commonwealth
of Massachusetts, provides for no restrictions on the transfer of
units therein; and
WHEREAS, the holders of units in World Technologies
Portfolio desire to restrict the transfer of their units in World
Technologies Portfolio;
NOW, THEREFORE, the undersigned hereby declare that
they will not transfer any units in World Technologies Portfolio
held by them without the prior written consent of the other
unitholders holding at least two thirds of the World Technologies
Portfolio's units outstanding (excluding the units of the holder
seeking to effect the transfer) and that any attempted transfer in
violation of this agreement shall be null and void. This agreement
shall not affect the rights of any unitholder to redeem units in
World Technologies Portfolio as provided for in the Declaration of
Trust. The undersigned also acknowledge that the remedy of damages
for the violation of this agreement would be inadequate and
therefore further agree that this agreement shall be enforceable
solely by the remedy of specific performance.
IDS GLOBAL SERIES, INC.
IDS Innovations Fund
/s/ Xxxxxx X. Xxx
Xxxxxx X. Xxx
Vice President and General Counsel
STRATEGIST WORLD FUND, INC.
Strategist World Technologies
Fund
/s/ Xxxxx X. Xxxxxxxx
Xxxxx X. Xxxxxxxx
President
