Exhibit 5(C)
ADVISORY AND ADMINISTRATIVE SERVICES AGREEMENT
AMENDMENT
THE XXXXXXX FUNDS, INC.
The Xxxxx Xxxxx Xxxxxx - Xxxxxxxxx
00xx Xxxxx
000 Xxxx Xxxxx Xxxxxx
Xxxxxxxxx, Xxxxxxxx 00000
February 11, 1998
Xxxxxxx Capital Management, Inc.
The World Trade Center - Baltimore
000 Xxxx Xxxxx Xxxxxx
Xxxxx 0000
Xxxxxxxxx, XX 00000
Ladies and Gentlemen:
This will confirm the amendment to the Advisory and Administrative
Services Agreement between the undersigned (the "Company") and you dated April
30, 1997 (the "Agreement") as follows:
1. The following Section 11 is hereby added to the Agreement:
11. RECORD KEEPING AND OTHER INFORMATION. You will create
and maintain all records required of you pursuant to your
duties hereunder in accordance with all applicable laws,
rules and regulations, including records required by Section
31(a) of the 1940 Act. All such records will be the
property of the Company and will be available upon request
of the Company for inspection, copying and use by the
Company and will be surrendered to the Company promptly upon
demand of the Company. Where applicable, such records will
be maintained by you for the periods and in the places
required by Rule 31a-2 under the 1940 Act. Upon termination
of this Agreement, you will promptly surrender all such
records to the Company or such person as the Company may
designate.
Xxxxxxx Capital Management, Inc.
February 11, 1998
Page 2
If the foregoing is in accordance with your understanding, will you
kindly so indicate by signing and returning to us the enclosed copy hereof.
Very truly yours,
THE XXXXXXX FUNDS, INC.
By: /S/ XXXXXX X. XXXXXXX, XX.
Name: Xxxxxx X. Xxxxxxx, Xx.
Title: President
Accepted:
XXXXXXX CAPITAL MANAGEMENT, INC.
By: /S/ XXXXXX X. XXXXXXX, XX.
Name: Xxxxxx X. Xxxxxxx, Xx.
Title: President
