LETTER AGREEMENT
Exhibit (d) 5.4
LETTER AGREEMENT
Xxxxxxx Investment Management Company
P.O. Box 1591
Tacoma, WA 98401-1591
Dear Sirs:
This Letter Agreement relates to the Administrative Agreement between Xxxxxxx Investment Company (“RIC”) and Xxxxxxx Investment Management Company (“RIMCo”) dated January 1, 1999 (“Administrative Agreement”). XXX advises you that it is creating one new fund to be named the Global Equity Fund (the “New Fund”) and that the New Fund desires RIMCo to provide administrative services to it pursuant to the terms and conditions of the Administrative Agreement. Section 6A of the Administrative Agreement is hereby amended to include the New Fund, with an annual administrative fee of 0.05% of average daily net assets, payable as set forth in that Section.
Please indicate your acceptance of the amendment to the Administrative Agreement by executing the acceptance copy of this letter agreement and returning it to the undersigned.
Sincerely, | ||
XXXXXXX INVESTMENT COMPANY | ||
By: |
| |
Xxxx X. Xxxxxxx | ||
Treasurer | ||
Accepted this day of , 2007 | ||
XXXXXXX INVESTMENT MANAGEMENT COMPANY | ||
By: |
| |
Xxxx X. Xxxxx | ||
President |