AMENDMENT AGREEMENT
AGREEMENT, effective as of May 29, 1998, by and between TIFF INVESTMENT
PROGRAM, INC., a Maryland corporation (the "Fund") and INVESTORS BANK & TRUST
COMPANY, a Massachusetts trust company (the "Bank").
WHEREAS, the Fund and the Bank entered into a Custodian Agreement dated
April 1, 1995 (the "Custodian Agreement"); and
WHEREAS, the Fund and the Bank desire to amend the Custodian Agreement
as set forth below.
NOW, THEREFORE, in consideration of the premises and of the mutual
covenants and agreements herein set forth, the parties hereto agree as follows:
1. Amendments.
(a) The date "December 31, 1999" used in the first sentence of Section
14.1 of the Custodian Agreement is hereby amended to read "June 1, 2001".
2. Miscellaneous.
(a) Except as amended hereby, the Custodian Agreement shall remain in
full force and effect.
(b) This Amendment may be executed in two or more counterparts, each of
which shall be deemed an original, but all of which together shall constitute
one and the same instrument.
IN WITNESS WHEREOF, each party hereto has caused this Agreement to be
executed by its duly authorized officer, as the case may be, as of the date and
year first above written.
INVESTORS BANK & TRUST COMPANY
By: ________________________________
Xxxxxx X. Xxxxxxx
TIFF INVESTMENT PROGRAM, INC.
By: ________________________________
Name: _____________________________
Title: ______________________________
