GT Global Investor Services, Inc. ("GT Services")
Attn: Xxxxx X. Xxxx XX
California Plaza
0000 X. Xxxxxxxxxx Xxxxxxxxx
Xxxxx 000
Xxxxxx Xxxxx, XX 00000
Re: Transfer Agency Agreement for GT Global Variable Investment Series
(the "Company")
Dear Xxxxx:
We are writing to inform you about the proposed reorganization of G.T.
Global Variable Investment Series (the "Company") into a newly organized
Delaware business trust, GT Global Variable Investment Series (the "Trust"). In
connection with this transaction, which is scheduled to close on May 29, 1998,
it is anticipated that each series of the Company listed on Schedule A to this
letter (each an "Old Fund") will transfer all of its assets to the corresponding
series listed on Schedule A (each a "New Fund") in exchange solely for shares of
beneficial interest in such New Fund and such New Fund's assumption of such Old
Fund's liabilities.
Consistent with the "Amendments" provision in Section XXIII of the Transfer
Agency Contract of February 10, 1993, as amended from time to time (the
"Contract"), between the Company and GT Global Investor Services, Inc., the
Company hereby requests that, as of the close of business on May 29, 1998, you
act under the terms of the Contract, including the fee schedule relating
thereto, as Transfer Agent for each New Fund, which shall be deemed to have
succeeded to the corresponding Old Fund's obligations, rights, and duties under
the Contract.
The Company hereby further requests that you agree that the obligations of
the Trust under the Contract shall not be binding upon any of the Trust's
trustees, shareholders, nominees, officers, agents, or employees of the Trust
personally, but shall be binding only upon the assets and property of the New
Fund or New Funds to which such obligations relate.
Please indicate your acceptance of the foregoing by executing two copies of
this Letter Agreement, returning one copy to the Company and retaining one for
your records.
Sincerely,
G.T. GLOBAL VARIABLE INVESTMENT SERIES
--------------------------------------
Xxxxxxx X. Xxxxxxxxx
President
Accepted by GT Global Investor Services, Inc.
--------------------------------------
Xxxxx X. Xxxx XX
Chief Operating Officer
SCHEDULE A
--------------------------------------------------------------------------------
G.T. GLOBAL VARIABLE INVESTMENT SERIES GT GLOBAL VARIABLE INVESTMENT SERIES
--------------------------------------------------------------------------------
GT Global Money Market Fund GT Global Money Market Fund
--------------------------------------------------------------------------------
GT Global Variable America Fund GT Global Variable America Fund
--------------------------------------------------------------------------------
GT Global Variable Europe Fund GT Global Variable Europe Fund
--------------------------------------------------------------------------------
GT Global Variable New Pacific Fund GT Global Variable New Pacific Fund
--------------------------------------------------------------------------------
GT Global Variable International Fund GT Global Variable International Fund
