Exhibit 2(k)(ii)
AMENDMENT TO
ADMINISTRATION AGREEMENT
This is an amendment dated November 2, 2001 to the Administration Agreement
("Agreement") between Pilgrim Senior Income Fund ("Fund") and ING Pilgrim Group,
LLC, which was made the 15th day of December, 2000.
WHEREAS, The Board of Trustees has determined that it is in the best interest of
the Fund to synchronize the annual renewal of this Agreement with the renewal of
the Fund's investment management agreement, which also requires annual renewal
by the Fund's Board of Trustees, to facilitate the Fund's compliance schedule
and administration.
THEREFORE, the parties agree that this Agreement, as amended, shall be dated
September 1, 2001.
IN WITNESS WHEREOF, the parties hereto have caused this instrument to be
executed by their officers designated below as of the day and year set forth
above.
PILGRIM SENIOR INCOME FUND
By: /s/ Xxxxxx X. Naka
------------------------------------
Xxxxxx X. Naka
Senior Vice President
ING PILGRIM GROUP, LLC
By: /s/ Xxxxxxx X. Xxxxxx
------------------------------------
Xxxxxxx X. Xxxxxx
Senior Vice President
