First Amendment
To
Dividend Disbursing and Transfer Agent Agreement
This First Amendment to Dividend Disbursing and Transfer Agent Agreement ("First
Amendment"), made, entered and effective this 3rd day of December, 2003, by and
between PMFM Investment Trust, a Delaware statutory trust (the "Trust"), and
North Carolina Shareholder Services, LLC d/b/a NC Shareholder Services, a North
Carolina limited liability company (the "Transfer Agent").
WHEREAS, pursuant to that certain Dividend Disbursing and Transfer Agent
Agreement ("Agreement") dated June 20, 2003, between the Trust and the Transfer
Agent, the Trust retained the Transfer Agent to provide certain dividend
disbursing, transfer agent and shareholder services to the Trust in the manner
and on the terms set forth therein; and
WHEREAS, the Trust and the Transfer Agent wish to modify and amend the Agreement
to add a new series of the Trust to the Agreement.
NOW, THEREFORE, in consideration of the premises and mutual covenants contained
in this Second Amendment and intending to be legally bound, the Trust and the
Transfer Agent agree as follows:
1. Addition of New Series. The Agreement is hereby modified and amended
by adding the following new series of the Trust to Agreement:
"PMFM Moderate Portfolio Trust"
2. Other. Except as expressly modified or amended herein, all other terms
and provisions of the Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this First Amendment to be
duly signed as of the day and year first above written.
Trust:
PMFM INVESTMENT TRUST
By: /s/ Xxxxxx X. Xxxxxxx
_____________________________
Name: Xxxxxx X. Xxxxxxx
Title: Chairman
Transfer Agent:
NC SHAREHOLDER SERVICES, LLC
By: /s/ Xxxx X. Marriott, Jr.
_____________________________
Name: Xxxx X. Marriott, Jr.
Title: Managing Director
