▇▇▇▇▇▇▇▇, ▇▇▇▇ & ▇▇▇▇ INVESTMENT TRUST
▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇
▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
March 14, 1997
Investors Bank & Trust Company
▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇
▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Re: Transfer Agency and Service Agreement (the "Agreement")
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Ladies and Gentlemen:
Attached is an amendment to Appendix A (the "Amendment") to the Agreement
between ▇▇▇▇▇▇▇▇, Ayer & Wood Investment Trust (the "Trust") and you. Pursuant
to Article XVII, ss.17.01 of the Agreement, the Trust proposes that the
Agreement be amended to include three additional series of the Trust named in
the Amendment in bold.
Please indicate your acceptance of the foregoing by executing the four originals
of this letter agreement, returning two to the Trust and retaining two for your
records.
Very truly yours,
▇▇▇▇▇▇▇▇, ▇▇▇▇ & ▇▇▇▇ Investors Bank & Trust Company
Investment Trust
By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇
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Name: ▇▇. ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Name: ▇▇. ▇▇▇▇▇ ▇▇▇▇▇▇
Title: Secretary Title:
TRANSFER AGENCY AND SERVICE AGREEMENT
APPENDIX A
(Revised March 14, 1997)
Standish Massachusetts Intermediate Tax Exempt Bond Fund
▇▇▇▇▇▇▇▇ Intermediate Tax Exempt Bond Fund
▇▇▇▇▇▇▇▇ International Fixed Income Fund
▇▇▇▇▇▇▇▇ Fixed Income Fund
▇▇▇▇▇▇▇▇ Short-Term Asset Reserve Fund
▇▇▇▇▇▇▇▇ Equity Fund
▇▇▇▇▇▇▇▇ Small Capitalization Equity Fund
▇▇▇▇▇▇▇▇ Securitized Fund
▇▇▇▇▇▇▇▇ Global Fixed Income Fund
▇▇▇▇▇▇▇▇ Controlled Maturity Fund
▇▇▇▇▇▇▇▇ Fixed Income Fund II
▇▇▇▇▇▇▇▇ Tax-Sensitive Equity Fund
▇▇▇▇▇▇▇▇ Small Cap Tax-Sensitive Equity Fund
▇▇▇▇▇▇▇▇ Equity Asset Fund
▇▇▇▇▇▇▇▇ Global Fixed Income Asset Fund
▇▇▇▇▇▇▇▇ Fixed Income Asset Fund
▇▇▇▇▇▇▇▇ Small Capitalization Equity Asset Fund
▇▇▇▇▇▇▇▇ Small Capitalization Equity Fund II
▇▇▇▇▇▇▇▇ Small Capitalization Equity Asset Fund II
▇▇▇▇▇▇▇▇ Diversified Income Fund
▇▇▇▇▇▇▇▇ Diversified Income Asset Fund