Exhibit (g)(15)
NORTHERN INSTITUTIONAL FUNDS
ADDENDUM NO. 9 TO THE CUSTODIAN AGREEMENT
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This Addendum No. 9, dated as of the 1st day of March, 2001, is
entered into between THE NORTHERN INSTITUTIONAL FUNDS (the "Trust"), a Delaware
business trust, and THE NORTHERN TRUST COMPANY, an Illinois state bank
("Northern").
WHEREAS, the Trust and Northern have entered into a Custodian
Agreement (the "Agreement") dated June 8, 1992, as amended by Addendum No. 1
dated January 8, 1993, Addendum No. 2 dated July 1, 1993, Addendum No. 3 dated
October 8, 1996, Addendum No. 4 dated April 22, 1997, Addendum No. 5 dated
December 1, 1997, Addendum No. 6 dated January 27, 1998, Addendum No. 7, dated
March 31, 1998 and Addendum No. 8 dated October 5, 1999 pursuant to which the
Trust has appointed Northern to act as custodian to the Trust for its
Diversified Assets Portfolio, Government Portfolio, Government Select Portfolio,
Tax-Exempt Portfolio, Equity Index Portfolio, Small Company Index Portfolio,
Diversified Growth Portfolio, Focused Growth Portfolio, U.S. Treasury Index
Portfolio, U.S. Government Securities Portfolio, Short-Intermediate Bond
Portfolio, Bond Portfolio, Balanced Portfolio, Intermediate Bond Portfolio,
Small Company Growth Portfolio, Municipal Portfolio, Mid Cap Growth Portfolio
and Blue Chip 20 (formerly known as the MarketPower Portfolio); and
WHEREAS, the Trust is establishing the Core Bond Portfolio (the
"Portfolio"), and it desires to retain Northern under the terms of the Agreement
to act as the custodian for the Portfolio, and Northern is willing to so act;
NOW THEREFORE, the parties hereto, intending to be legally bound,
hereby agree as follows:
1. Appointment. The Trust hereby appoints Northern custodian to the Trust
for the Portfolio for the period and on the terms set forth in the
Agreement. Northern hereby accepts such appointment and agrees to
render the services set forth in the Agreement for the compensation
therein provided.
2. Capitalized Terms. From and after the date hereof, the term
"Portfolio" as used in the Agreement shall be deemed to include the
Core Bond Portfolio. Capitalized terms used herein and not otherwise
defined shall have the meanings ascribed to them in the Agreement.
3. Miscellaneous. Except to the extent supplemented hereby, the Agreement
shall remain unchanged and in full force and effect, and is hereby
ratified and confirmed in all respects as supplemented hereby.
IN WITNESS WHEREOF, the undersigned have executed this Addendum as
of the day and year first above written.
NORTHERN INSTITUTIONAL FUNDS
Attest: /s/ Xxxxx Xxxxxxxx By: /s/ Xxxxx X. Xxxxxxxx
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Name: Xxxxx X. Xxxxxxxx
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Title: President
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THE NORTHERN TRUST COMPANY
Attest: /s/ Xxxxx Xxxxxxxx By: /s/ Xxxxxxx X. Xxxxxx, III
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Name: Xxxxxxx X. Xxxxxx, III
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Title: Vice President
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