ADMINISTRATIVE SERVICES AGREEMENT

Exhibit 99.(h)

ADMINISTRATIVE SERVICES AGREEMENT

This Administrative Services Agreement (“Agreement”) is made as of December 12, 2002 by and among each of the investment companies in the Lord Xxxxxx Family of Funds, as set forth on Exhibit 1 hereto, and each new Lord Xxxxxx Fund added as a party to this Agreement pursuant to section 9, (each, a “Fund” or collectively, the “Funds”) and Lord, Xxxxxx & Co. LLC, a Delaware limited liability company (“Lord Xxxxxx”).

RECITALS

A. WHEREAS, Lord Xxxxxx has entered into a Management Agreement with each Fund whereby Lord Xxxxxx provides investment management services to each Fund.

B. WHEREAS, each Fund desires to retain Lord Xxxxxx to provide certain administrative services and Lord Xxxxxx is willing to provide, or arrange to have provided, such services upon the terms and conditions as hereinafter provided.

NOW THEREFORE, in consideration of the mutual covenants and of other good and valuable consideration, receipt of which is hereby acknowledged, it is agreed as follows:

1. AGREEMENT TO PERFORM ADMINISTRATIVE SERVICES. Each Fund hereby employs Lord Xxxxxx under the terms and conditions of this Agreement, and Lord Xxxxxx hereby accepts such employment and agrees to perform the administrative services described below. It is understood that the persons employed by Lord Xxxxxx to assist in the performance of its duties hereunder will not devote their full time to such services, and may in fact devote a substantial portion of their time to the performance of duties relating to Lord Xxxxxx’x provision of services to other clients, and nothing herein shall be deemed to limit or restrict the right of Lord Xxxxxx, its affiliates, and their respective employees, to engage in and devote time and attention to other business or to render services of whatever kind or nature to Lord Xxxxxx’x other clients.

2. LORD XXXXXX SERVICES AND DUTIES. Lord Xxxxxx will provide, or arrange to have provided in accordance with section 3 below, for each Fund those facilities, equipment, and personnel to carry out the administrative services which are described in Exhibit 2 hereto (“Administrative Services”). Lord Xxxxxx represents that it has sufficient personnel and experience to perform the Administrative Services, and agrees to perform such Administrative Services in accordance with industry standards for mutual fund administrators.

In performing its duties under this Agreement, Lord Xxxxxx agrees that it shall observe and be bound by all of the provisions of (1) each Fund’s Articles of Incorporation/Declaration and Agreement of Trust and By-laws (including any amendments thereto) which in any way limit or restrict or prohibit or otherwise regulate any action by Lord Xxxxxx, (2) each Fund’s registration statement, and (3) the instructions and directions of the Boards of Directors/Trustees of each Fund. In addition, Lord Xxxxxx agrees and warrants that it will use its best efforts to conform to and comply with the requirements of the Investment Company Act of 1940, as amended (“1940 Act”) and all other applicable federal and state laws and regulations.

3. LORD XXXXXX SUBCONTRACTORS. It is understood that Lord Xxxxxx may from time to time employ or associate with such person or persons (“Subcontractors”) as Lord Xxxxxx may believe to be particularly fitted to assist in its performance of this Agreement; provided, however, that the compensation of such Subcontractors shall be paid by Lord Xxxxxx and that Lord Xxxxxx shall be as fully responsible to each Fund for the acts and omissions of any Subcontractor as it is for its own acts and omissions. Lord Xxxxxx shall use its best efforts to ensure that any Subcontractor complies with the provisions of section 2 above.

4. EXPENSES ASSUMED. Except as otherwise set forth in this section 4 or as otherwise approved by the Funds’ Boards of Directors/Trustees, Lord Xxxxxx shall pay all expenses incurred by it in performing the Administrative Services, including the cost of providing office facilities, equipment and personnel related to such services. Each Fund will pay its own fees, costs, expenses or charges relating to its assets and operations, including without limitation: fees and expenses under the Management Agreement; fees and expenses of Directors/Trustees not affiliated with Lord Xxxxxx; governmental fees; interest charges; taxes; association membership dues; fees and charges for legal and auditing services; fees and expenses of any custodians or trustees with respect to custody of its assets; fees, charges and expenses of dividend disbursing agents, registrars and transfer agents (including the cost of keeping all necessary shareholder records and accounts, and of handling any problems relating thereto and the expense of furnishing to all shareholders statements of their accounts after every transaction, including the expense of mailing); costs and expenses of repurchase and redemption of its shares; costs and expenses of preparing, printing and mailing to shareholders ownership certificates, proxy statements and materials, prospectuses, reports and notices; costs of preparing reports to governmental agencies; brokerage fees and commissions of every kind and expenses in connection with the execution of portfolio security transactions (including the cost of any service or agency designed to facilitate the purchase and sale of portfolio securities); and all postage, insurance premiums, and any other fee, cost, expense or charge of any kind incurred by and on behalf of the Trust and not expressly assumed by Lord Xxxxxx under this Agreement or the Management Agreement.

5. COMPENSATION. For the services rendered, facilities furnished and expenses assumed by Lord Xxxxxx under this Agreement, each Fund will pay to Lord Xxxxxx an annual administrative services fee, computed and payable monthly, at the annual rate of .04% of the value of the Fund’s average daily net assets. Such value shall be calculated in the same manner as provided in each Fund’s Management Agreement. It is specifically understood and agreed that any fees for fund accounting services payable by the Funds to State Street Bank and Trust Company pursuant to that separate Custodian and Investment Accounting Agreement dated November 1, 2001 shall be paid directly by Lord Xxxxxx on behalf of the Funds. It is further understood and agreed that should the Funds’ regulatory environment change so that the costs to Lord Xxxxxx of providing Administrative Services increase or decrease significantly, then Lord Xxxxxx and the Funds’ Boards of Directors/Trustees will consider whether it would be appropriate to adjust the compensation under this Agreement.

6. STANDARD OF CARE. Other than to abide by the provisions hereof and render the services called for hereunder in good faith, Lord Xxxxxx assumes no responsibility under this Agreement and, having so acted, Lord Xxxxxx shall not be held liable or accountable for any mistakes of law or fact, or for any error or omission of its officers, directors, members or employees, or for any loss or damage arising or resulting therefrom suffered by a Fund or any of its shareholders, creditors, Directors/Trustees or officers; provided however, that nothing herein shall be deemed to protect Lord Xxxxxx against any liability to the Fund or its shareholders by reason of willful misfeasance, bad faith or gross negligence in the performance of its duties hereunder, or by reason of the reckless disregard of its obligations and duties hereunder.

7. CONFLICTS OF INTEREST. Neither this Agreement nor any other transaction between the parties hereto pursuant to this Agreement shall be invalidated or in any way affected by the fact that any of the Directors/Trustees, officers, shareholders, or other representatives of a Fund are or may be an interested person of Lord Xxxxxx, or any successor or assignee thereof, or that any or all of the officers, members, or other representatives of Lord Xxxxxx are or may be an interested person of the Fund, except as otherwise may be provided in the 1940 Act. Lord Xxxxxx in acting hereunder shall be an independent contractor and not an agent of the Funds.

8. EFFECTIVE DATE AND TERMINATION. This Agreement shall become effective with respect to a Fund on January 1, 2003, or at such other date as may be set by the Fund’s Board of Directors/Trustees by resolution, and shall continue in force for two years from the date hereof, and is renewable annually thereafter by specific approval of the Directors/Trustees of the Fund or by vote of a majority of the outstanding voting securities of the Fund; any such renewal shall be approved by the vote of a majority of the Directors/Trustees who are not

parties to this Agreement or interested persons of Lord Xxxxxx or of the Fund, cast in person at a meeting called for the purpose of voting on such renewal.

This Agreement may be terminated without penalty at any time by the Directors/Trustees of a Fund or by Lord Xxxxxx on 60 days’ written notice. This Agreement shall automatically terminate in the event of its assignment. The terms “interested persons,” “assignment” and “vote of a majority of the outstanding voting securities” shall have the same meaning as those terms are defined in the 1940 Act.

9. ADDITION OF NEW FUNDS TO AGREEMENT. In the event that a new fund is created in the Lord Xxxxxx Family of Funds and such fund wishes to engage Lord Xxxxxx to perform Administrative Services under this Ageement, such fund shall be entitled to do so by executing and delivering to Lord Xxxxxx a document accepting this Agreement. The employment of Lord Xxxxxx on behalf of any new fund shall become effective upon Lord Xxxxxx’x receipt of such counterpart executed by such new fund.

10. INDIVIDUAL LIABILITY. The obligations of each Company/Trust, including those imposed hereby, are not personally binding upon, nor shall resort be had to the private property of, any of the Directors/Trustees, shareholders, officers, employees or agents of the Company/Trust individually, but are binding only upon the assets and property of the Company/Trust. Any and all personal liability, either at common law or in equity, or by statute or constitution, of every such Director/Trustee, shareholder, officer, employee or agent for any breach by the Company/Trust of any agreement, representation or warranty hereunder is hereby expressly waived as a condition of and in consideration for the execution of this Agreement by the Company/Trust.

11. LIABILITY OF FUNDS SEVERAL AND NOT JOINT. The obligations of a Fund under this Agreement are enforceable solely against that Fund and its assets.

12. DELAWARE LAW. This Agreement shall be construed and the provisions interpreted under and in accordance with the laws of the State of Delaware.

IN WITNESS WHEREOF, each of the parties has caused this Agreement to be executed in its name and on its behalf by its duly authorized representative.

	On Behalf of each of the Lord Xxxxxx Funds listed on Exhibit 1 Attached hereto
	By:	/s/ Xxxx X. Xxxxxxxx
		Xxxx X. Xxxxxxxx
		Chief Financial Officer

Attested:

/s/ Xxxxxxxxx X. Xxxxxxx

Xxxxxxxxx X. Xxxxxxx

Assistant Secretary

		LORD, XXXXXX & CO. LLC
	By:	/s/ Xxxxxx X. Xxx
		Xxxxxx X. Xxx
		Managing Member

Attested:

/s/ Xxxx X. Xxxxxxx

Xxxx X. Xxxxxxx

Member, General Counsel

EXHIBIT 1 (AMENDED AS OF June 30, 2003)

TO

ADMINISTRATIVE SERVICES AGREEMENT

The following funds comprise the Lord Xxxxxx Family of Funds:

Lord Xxxxxx Affiliated Fund, Inc.

Lord Xxxxxx Blend Trust

Lord Xxxxxx Small-Cap Blend Fund

Lord Xxxxxx Bond-Debenture Fund, Inc.

Lord Xxxxxx Developing Growth Fund, Inc.

Lord Xxxxxx Global Fund, Inc.

Equity Series

Income Series

Lord Xxxxxx Investment Trust

Balanced Series

Core Fixed Income Fund

Lord Xxxxxx High Yield Fund

Limited Duration U.S. Government Securities Series

Lord Xxxxxx Total Return Fund

U.S. Government Securities Series

Lord Xxxxxx Convertible Fund

Lord Xxxxxx Large-Cap Growth Fund

Lord Xxxxxx Mid-Cap Value Fund, Inc.

Lord Xxxxxx Research Fund, Inc.

Lord Xxxxxx America’s Value Fund

Lord Xxxxxx Growth Opportunities Fund

Large-Cap Series

Small-Cap Value Series

Lord Xxxxxx Securities Trust

Alpha Series

Lord Xxxxxx All Value Fund

International Series

Lord Xxxxxx Micro-Cap Growth Fund

Lord Xxxxxx Micro-Cap Value Fund

Lord Xxxxxx Large-Cap Value Fund

Lord Xxxxxx Series Fund, Inc.

All Value Portfolio

America’s Value Portfolio

Bond-Debenture Portfolio

Growth and Income Portfolio

Growth Opportunities Portfolio

International Portfolio

Mid-Cap Value Portfolio

Lord Xxxxxx Tax-Free Income Fund, Inc.

Lord Xxxxxx California Tax-Free Income Fund

Lord Xxxxxx Connecticut Tax-Free Income Fund

Lord Xxxxxx Hawaii Tax-Free Income Fund

Lord Xxxxxx Minnesota Tax-Free Income Fund

Lord Xxxxxx Missouri Tax-Free Income Fund

Lord Xxxxxx National Tax-Free Income Fund

Lord Xxxxxx New Jersey Tax-Free Income Fund

Lord Xxxxxx New York Tax-Free Income Fund

Lord Xxxxxx Texas Tax-Free Income Fund

Lord Xxxxxx Washington Tax-Free Income Fund

Lord Xxxxxx Tax-Free Income Trust

Florida Series

Georgia Series

Michigan Series

Pennsylvania Series

Lord Xxxxxx Insured Intermediate Tax-Free Fund

Lord Xxxxxx U.S. Government Securities Money Market Fund, Inc.

EXHIBIT 2

TO

ADMINISTRATIVE SERVICES AGREEMENT

In accordance with section 2 of the Agreement, Lord Xxxxxx will provide, or arrange to have provided, the following Administrative Services for each Fund:

(a) FUND ACCOUNTING, FINANCIAL REPORTING, SHAREHOLDER SERVICING AND TECHNOLOGY

(1) Perform Fund accounting services which include, but are not limited to, daily NAV calculation and dissemination, and maintenance of books and records as required by Rule 31 (a) of the 0000 Xxx.

(2) Perform the functions of a mutual fund’s chief financial officer and treasurer.

(3) Perform Fund budgeting and accounts payable functions.

(4) Perform Financial Reporting, including reports to the Board of Directors/Trustees, and preparation of financial statements, NSARs and registration statements.

(5) Coordinate regulatory examinations.

(6) Calculate and facilitate payment of dividends.

(7) Oversee the preparation and ensure the filing of all Federal/State Tax Returns.

(8) Monitor the Fund’s compliance with IRS regulations.

(9) Monitor compliance with Fund policies on valuing (pricing) all Fund assets.

(10) Monitor Transfer Agent to ensure shareholder accounts are being processed in compliance with the appropriate regulations and are reflected appropriately in the Fund’s records. Ensure 12b-1 payments being paid by the Fund are accurate and in accordance with the 12b-1 plans.

(11) Maintain the technology platforms and market data feeds necessary for the daily accounting and reporting functions set forth in this Agreement.

(b) LEGAL, COMPLIANCE AND BLUE SKY FUNCTIONS

(1) Prepare and maintain files of all Board and shareholder meeting materials, including minutes.

(2) Monitor compliance by each Fund with various conditions imposed by exemptive orders and/or regulatory requirements relating to multiple classes of shares, and fund of funds.

(3) Prepare and review periodic Prospectus/Statement of Additional Information compliance reports.

(4) Prepare, update and file with the SEC the Funds’ registration statements, including pre-effective and post-effective amendments, Prospectuses, SAIs, and supplements.

(5) Prepare and/or review and file proxy materials with the SEC.

(6) Review annual and semi-annual reports of the Funds.

(7) Negotiate D&O/E&O insurance matters and annual renewals on behalf of the Funds.

(8) Monitor fidelity bond coverage for the Funds.

(9) Review Rule 24f-2 notices relating to registration fees and file with the SEC.

(10) Coordinate regulatory examinations of the Funds.

(11) Assist in preparation of Board members’ questionnaires.

(12) Register Fund shares with appropriate state blue sky authorities.

(13) Obtain and renew all sales permits required by relevant state authorities in order to permit the sale of shares in the state.

(14) Monitor the sale of shares in individual states.

(15) Respond to all blue sky audit and examination issues.

9

AMENDMENT 1

to the

ADMINISTRATIVE SERVICES AGREEMENT

among

The Investment Companies comprising the Lord Xxxxxx Family of Funds

(each, a “Fund” or collectively, the “Funds”) as set forth on Exhibit 1

and

Lord, Xxxxxx & Co. LLC (“Lord Xxxxxx”)

WHEREAS, the Investment Companies named on Exhibit 1 and Lord Xxxxxx entered into an Administrative Services Agreement dated December 12, 2002, as may be amended from time to time (the “Agreement”);

WHEREAS, Section 9 of the Agreement provides for the addition to the Agreement of new funds created in the Lord Xxxxxx Family of Funds where such funds wish to engage Lord Xxxxxx to perform Administrative Services under the Agreement;

WHEREAS, the Funds and Lord Xxxxxx desire to further amend the Agreement to include additional funds;

NOW THEREFORE, in consideration of the mutual covenants and of other good and valuable consideration, receipt of which is hereby acknowledged, the parties mutually agree to amend the Agreement in the following respects:

1. The Agreement is hereby amended to add the following funds to Exhibit 1 of the Agreement:

Lord Xxxxxx Series Fund, Inc.

All Value Portfolio

America’s Value Portfolio

Growth Opportunities Portfolio

2. The Agreement shall remain the same in all other respects.

3. The Amendment is effective as of the 30th day of April, 2003.

IN WITNESS WHEREOF, each of the parties has caused this Amendment to the Agreement to be executed in its name and on its behalf by its duly authorized representative.

	On behalf of each of the Lord Xxxxxx Funds
	listed on Exhibit 1 Attached hereto
	By:	/s/ Xxxx X. Xxxxxxxx
		Xxxx X. Xxxxxxxx
		Chief Financial Officer

Attested:

/s/ Xxxxxxxxx X. Xxxxxxx

Xxxxxxxxx X. Xxxxxxx

Vice President & Assistant Secretary

	LORD, XXXXXX & CO. LLC
	By:	/s/ Xxxxxx X. Xxx
		Xxxxxx X. Xxx
		Managing Member

Attested:

/s/ Xxxx X. Xxxxxxx

Xxxx X. Xxxxxxx

Member, General Counsel

EXHIBIT 1 (AMENDED AS OF APRIL 30, 2003)

TO

ADMINISTRATIVE SERVICES AGREEMENT

The following funds comprise the Lord Xxxxxx Family of Funds:

Lord Xxxxxx Affiliated Fund, Inc.

Lord Xxxxxx Blend Trust

Lord Xxxxxx Small-Cap Blend Fund

Lord Xxxxxx Bond-Debenture Fund, Inc.

Lord Xxxxxx Developing Growth Fund, Inc.

Lord Xxxxxx Global Fund, Inc.

Equity Series

Income Series

Lord Xxxxxx Investment Trust

Balanced Series

Core Fixed Income Fund

Lord Xxxxxx High Yield Fund

Limited Duration U.S. Government Securities Series

Lord Xxxxxx Total Return Fund

U.S. Government Securities Series

Lord Xxxxxx Large-Cap Growth Fund

Lord Xxxxxx Mid-Cap Value Fund, Inc.

Lord Xxxxxx Research Fund, Inc.

Lord Xxxxxx America’s Value Fund

Lord Xxxxxx Growth Opportunities Fund

Large-Cap Series

Small-Cap Value Series

Lord Xxxxxx Securities Trust

Alpha Series

Lord Xxxxxx All Value Fund

International Series

Lord Xxxxxx Micro-Cap Growth Fund

Lord Xxxxxx Micro-Cap Value Fund

Lord Xxxxxx Series Fund, Inc.

All Value Portfolio

America’s Value Portfolio

Bond-Debenture Portfolio

Growth and Income Portfolio

Growth Opportunities Portfolio

International Portfolio

Mid-Cap Value Portfolio

Lord Xxxxxx Tax-Free Income Fund, Inc.

Lord Xxxxxx California Tax-Free Income Fund

Lord Xxxxxx Connecticut Tax-Free Income Fund

Lord Xxxxxx Hawaii Tax-Free Income Fund

Lord Xxxxxx Minnesota Tax-Free Income Fund

Lord Xxxxxx Missouri Tax-Free Income Fund

Lord Xxxxxx National Tax-Free Income Fund

Lord Xxxxxx New Jersey Tax-Free Income Fund

Lord Xxxxxx New York Tax-Free Income Fund

Lord Xxxxxx Texas Tax-Free Income Fund

Lord Xxxxxx Washington Tax-Free Income Fund

Lord Xxxxxx Tax-Free Income Trust

Florida Series

Georgia Series

Michigan Series

Pennsylvania Series

Lord Xxxxxx U.S. Government Securities Money Market Fund, Inc.

AMENDMENT 2

to the

ADMINISTRATIVE SERVICES AGREEMENT

among

The Investment Companies comprising the Lord Xxxxxx Family of Funds

(each, a “Fund” or collectively, the “Funds”) as set forth on Exhibit 1

and

Lord, Xxxxxx & Co. LLC (“Lord Xxxxxx”)

WHEREAS, the Investment Companies named on Exhibit 1 and Lord Xxxxxx entered into an Administrative Services Agreement dated December 12, 2002, as may be amended from time to time (the “Agreement”);

WHEREAS, Section 9 of the Agreement provides for the addition to the Agreement of new funds created in the Lord Xxxxxx Family of Funds where such funds wish to engage Lord Xxxxxx to perform Administrative Services under the Agreement;

WHEREAS, the Funds and Lord Xxxxxx desire to further amend the Agreement to include additional funds;

NOW THEREFORE, in consideration of the mutual covenants and of other good and valuable consideration, receipt of which is hereby acknowledged, the parties mutually agree to amend the Agreement in the following respects:

1. The Agreement is hereby amended to add the following funds to Exhibit 1 of the Agreement:

Lord Xxxxxx Investment Trust

Lord Xxxxxx Convertible Fund

Lord Xxxxxx Securities Trust

Lord Xxxxxx Large-Cap Value Fund

Lord Xxxxxx Tax-Free Income Trust

Lord Xxxxxx Insured Intermediate Tax-Free Fund

2. The Agreement shall remain the same in all other respects.

3. The Amendment is effective as of the 30th day of June, 2003.

IN WITNESS WHEREOF, each of the parties has caused this Amendment to the Agreement to be executed in its name and on its behalf by its duly authorized representative.

	On behalf of each of the Lord Xxxxxx Funds
	listed on Exhibit 1 Attached hereto
	By:	/s/ Xxxx X. Xxxxxxxx
		Xxxx X. Xxxxxxxx
		Chief Financial Officer

Attested:

/s/ Xxxxxxxxx X. Xxxxxxx

Xxxxxxxxx X. Xxxxxxx

Vice President & Assistant Secretary

	LORD, XXXXXX & CO. LLC
	By:	/s/ Xxxxxx X. Xxx
		Xxxxxx X. Xxx
		Managing Member

Attested:

/s/ Xxxx X. Xxxxxxx

Xxxx X. Xxxxxxx

Member, General Counsel

EXHIBIT 1 (AMENDED AS OF JUNE 30, 2003)

TO

ADMINISTRATIVE SERVICES AGREEMENT

The following funds comprise the Lord Xxxxxx Family of Funds:

Lord Xxxxxx Affiliated Fund, Inc.

Lord Xxxxxx Blend Trust

Lord Xxxxxx Small-Cap Blend Fund

Lord Xxxxxx Bond-Debenture Fund, Inc.

Lord Xxxxxx Developing Growth Fund, Inc.

Lord Xxxxxx Global Fund, Inc.

Equity Series

Income Series

Lord Xxxxxx Investment Trust

Balanced Series

Core Fixed Income Fund

Lord Xxxxxx High Yield Fund

Limited Duration U.S. Government Securities Series

Lord Xxxxxx Total Return Fund

U.S. Government Securities Series

Lord Xxxxxx Convertible Fund

Lord Xxxxxx Large-Cap Growth Fund

Lord Xxxxxx Mid-Cap Value Fund, Inc.

Lord Xxxxxx Research Fund, Inc.

Lord Xxxxxx America’s Value Fund

Lord Xxxxxx Growth Opportunities Fund

Large-Cap Series

Small-Cap Value Series

Lord Xxxxxx Securities Trust

Alpha Series

Lord Xxxxxx All Value Fund

International Series

Lord Xxxxxx Micro-Cap Growth Fund

Lord Xxxxxx Micro-Cap Value Fund

Lord Xxxxxx Large-Cap Value Fund

Lord Xxxxxx Series Fund, Inc.

All Value Portfolio

America’s Value Portfolio

Bond-Debenture Portfolio

Growth and Income Portfolio

Growth Opportunities Portfolio

International Portfolio

Mid-Cap Value Portfolio

Lord Xxxxxx Tax-Free Income Fund, Inc.

Lord Xxxxxx California Tax-Free Income Fund

Lord Xxxxxx Connecticut Tax-Free Income Fund

Lord Xxxxxx Hawaii Tax-Free Income Fund

Lord Xxxxxx Minnesota Tax-Free Income Fund

Lord Xxxxxx Missouri Tax-Free Income Fund

Lord Xxxxxx National Tax-Free Income Fund

Lord Xxxxxx New Jersey Tax-Free Income Fund

Lord Xxxxxx New York Tax-Free Income Fund

Lord Xxxxxx Texas Tax-Free Income Fund

Lord Xxxxxx Washington Tax-Free Income Fund

Lord Xxxxxx Tax-Free Income Trust

Florida Series

Georgia Series

Michigan Series

Pennsylvania Series

Lord Xxxxxx Insured Intermediate Tax-Free Fund

Lord Xxxxxx U.S. Government Securities Money Market Fund, Inc.

AMENDMENT 3

to the

ADMINISTRATIVE SERVICES AGREEMENT

among

The Investment Companies comprising the Lord Xxxxxx Family of Funds

(each, a “Fund” or collectively, the “Funds”) as set forth on Exhibit 1

and

Lord, Xxxxxx & Co. LLC (“Lord Xxxxxx”)

WHEREAS, the Investment Companies named on Exhibit 1 and Lord Xxxxxx entered into an Administrative Services Agreement dated December 12, 2002, as may be amended from time to time (the “Agreement”);

WHEREAS, Section 9 of the Agreement provides for the addition to the Agreement of new funds created in the Lord Xxxxxx Family of Funds where such funds wish to engage Lord Xxxxxx to perform Administrative Services under the Agreement;

WHEREAS, the Funds and Lord Xxxxxx desire to further amend the Agreement to include additional funds;

NOW THEREFORE, in consideration of the mutual covenants and of other good and valuable consideration, receipt of which is hereby acknowledged, the parties mutually agree to amend the Agreement in the following respects:

1. The Agreement is hereby amended to add the following fund to Exhibit 1 of the Agreement:

Lord Xxxxxx Securities Trust

Lord Xxxxxx International Core Equity Fund

2. The Agreement shall remain the same in all other respects.

3. The Amendment is effective as of the 15th day of December, 2003.

IN WITNESS WHEREOF, each of the parties has caused this Amendment to the Agreement to be executed in its name and on its behalf by its duly authorized representative.

	On behalf of each of the Lord Xxxxxx Funds
	listed on Exhibit 1 Attached hereto
	By:	/s/ XXXX X. XXXXXXXX
		Xxxx X. Xxxxxxxx
		Chief Financial Officer

Attested:

/s/ XXXXXXXXX X. XXXXXXX

Xxxxxxxxx X. Xxxxxxx

Vice President & Assistant Secretary

	LORD, XXXXXX & CO. LLC
	By:	/s/ XXXXXX X. XXX
		Xxxxxx X. Xxx
		Managing Member

Attested:

/s/ XXXX X. XXXXXXX

Xxxx X. Xxxxxxx

Member, General Counsel

EXHIBIT 1 (AMENDED AS OF DECEMBER 15, 2003)

TO

ADMINISTRATIVE SERVICES AGREEMENT

The following funds comprise the Lord Xxxxxx Family of Funds:

Lord Xxxxxx Affiliated Fund, Inc.

Lord Xxxxxx Blend Trust

Lord Xxxxxx Small-Cap Blend Fund

Lord Xxxxxx Bond-Debenture Fund, Inc.

Lord Xxxxxx Developing Growth Fund, Inc.

Lord Xxxxxx Global Fund, Inc.

Equity Series

Income Series

Lord Xxxxxx Investment Trust

Balanced Series

Lord Xxxxxx Core Fixed Income Fund

Lord Xxxxxx High Yield Fund

Lord Xxxxxx Limited Duration U.S. Government & Government Sponsored

Enterprises Fund

Lord Xxxxxx Total Return Fund

Lord Xxxxxx U.S. Government & Government Sponsored Enterprises Fund

Lord Xxxxxx Convertible Fund

Lord Xxxxxx Large-Cap Growth Fund

Lord Xxxxxx Mid-Cap Value Fund, Inc.

Lord Xxxxxx Research Fund, Inc.

Lord Xxxxxx America’s Value Fund

Lord Xxxxxx Growth Opportunities Fund

Large-Cap Series

Small-Cap Value Series

Lord Xxxxxx Securities Trust

Alpha Series

Lord Xxxxxx All Value Fund

Lord Xxxxxx International Opportunities Fund

Lord Xxxxxx Micro-Cap Growth Fund

Lord Xxxxxx Micro-Cap Value Fund

Lord Xxxxxx Large-Cap Value Fund

Lord Xxxxxx International Core Equity Fund

Lord Xxxxxx Series Fund, Inc.

All Value Portfolio

America’s Value Portfolio

Bond-Debenture Portfolio

Growth and Income Portfolio

Growth Opportunities Portfolio

International Portfolio

Mid-Cap Value Portfolio

Lord Xxxxxx Tax-Free Income Fund, Inc.

Lord Xxxxxx California Tax-Free Income Fund

Lord Xxxxxx Connecticut Tax-Free Income Fund

Lord Xxxxxx Hawaii Tax-Free Income Fund

Lord Xxxxxx Minnesota Tax-Free Income Fund

Lord Xxxxxx Missouri Tax-Free Income Fund

Lord Xxxxxx National Tax-Free Income Fund

Lord Xxxxxx New Jersey Tax-Free Income Fund

Lord Xxxxxx New York Tax-Free Income Fund

Lord Xxxxxx Texas Tax-Free Income Fund

Lord Xxxxxx Washington Tax-Free Income Fund

Lord Xxxxxx Tax-Free Income Trust

Florida Series

Georgia Series

Michigan Series

Pennsylvania Series

Lord Xxxxxx Insured Intermediate Tax-Free Fund

Lord Xxxxxx U.S. Government & Government Sponsored Enterprises Money Market

Fund, Inc.

AMENDMENT 4

to the

ADMINISTRATIVE SERVICES AGREEMENT

among

The Investment Companies comprising the Lord Xxxxxx Family of Funds

(each, a “Fund” or collectively, the “Funds”) as set forth on Exhibit 1

and

Lord, Xxxxxx & Co. LLC (“Lord Xxxxxx”)

WHEREAS, the Investment Companies named on Exhibit 1 and Lord Xxxxxx entered into an Administrative Services Agreement dated December 12, 2002, as may be amended from time to time (the “Agreement”);

WHEREAS, the Funds and Lord Xxxxxx desire to further amend the Agreement to amend SECTION 5. COMPENSATION;

NOW THEREFORE, in consideration of the mutual covenants and of other good and valuable consideration, receipt of which is hereby acknowledged, the parties mutually agree to amend the Agreement in the following respects:

1. The first sentence of Section 5 is hereby amended to read as follows:

For the services rendered, facilities furnished and expenses assumed by Lord Xxxxxx under this Agreement, each Fund (other than Lord Xxxxxx Securities Trust - Alpha Series and Lord Xxxxxx Investment Trust - Balanced Series) will pay to Lord Xxxxxx an annual administrative services fee, computed and payable monthly, at the annual rate of .04% of the value of the Fund’s average daily net assets.

2. The Agreement shall remain the same in all other respects.

3. The Amendment is effective with respect to the change in compensation relating to Lord Xxxxxx Securities Trust - Alpha Series as of March 1, 2004 and relating to Lord Xxxxxx Investment Trust - Balanced Series as of April 1, 2004.

IN WITNESS WHEREOF, each of the parties has caused this Amendment to the Agreement to be executed in its name and on its behalf by its duly authorized representative.

	On behalf of each of the Lord Xxxxxx Funds
	listed on Exhibit 1 Attached hereto
	By:	/s/ Xxxx X. Xxxxxxxx
		Xxxx X. Xxxxxxxx
		Chief Financial Officer

Attested:

/s/ Xxxxxxxxx X. Xxxxxxx

Xxxxxxxxx X. Xxxxxxx

Vice President & Assistant Secretary

	LORD, XXXXXX & CO. LLC
	By:	/s/ Xxxxxx X. Xxx
		Xxxxxx X. Xxx
		Managing Member

Attested:

/s/ Xxxx X. Xxxxxxx

Xxxx X. Xxxxxxx

Member, General Counsel

EXHIBIT 1 (AMENDED AS OF DECEMBER 15, 2003)

TO

ADMINISTRATIVE SERVICES AGREEMENT

The following funds comprise the Lord Xxxxxx Family of Funds:

Lord Xxxxxx Affiliated Fund, Inc.

Lord Xxxxxx Blend Trust

Lord Xxxxxx Small-Cap Blend Fund

Lord Xxxxxx Bond-Debenture Fund, Inc.

Lord Xxxxxx Developing Growth Fund, Inc.

Lord Xxxxxx Global Fund, Inc.

Equity Series

Income Series

Lord Xxxxxx Investment Trust

Balanced Series

Lord Xxxxxx Core Fixed Income Fund

Lord Xxxxxx High Yield Fund

Lord Xxxxxx Limited Duration U.S. Government & Government Sponsored

Enterprises Fund

Lord Xxxxxx Total Return Fund

Lord Xxxxxx U.S. Government & Government Sponsored Enterprises Fund

Lord Xxxxxx Convertible Fund

Lord Xxxxxx Large-Cap Growth Fund

Lord Xxxxxx Mid-Cap Value Fund, Inc.

Lord Xxxxxx Research Fund, Inc.

Lord Xxxxxx America’s Value Fund

Lord Xxxxxx Growth Opportunities Fund

Large-Cap Series

Small-Cap Value Series

Lord Xxxxxx Securities Trust

Alpha Series

Lord Xxxxxx All Value Fund

Lord Xxxxxx International Opportunities Fund

Lord Xxxxxx Micro-Cap Growth Fund

Lord Xxxxxx Micro-Cap Value Fund

Lord Xxxxxx Large-Cap Value Fund

Lord Xxxxxx International Core Equity Fund

Lord Xxxxxx Series Fund, Inc.

All Value Portfolio

America’s Value Portfolio

Bond-Debenture Portfolio

Growth and Income Portfolio

Growth Opportunities Portfolio

International Portfolio

Mid-Cap Value Portfolio

Lord Xxxxxx Tax-Free Income Fund, Inc.

Lord Xxxxxx California Tax-Free Income Fund

Lord Xxxxxx Connecticut Tax-Free Income Fund

Lord Xxxxxx Hawaii Tax-Free Income Fund

Lord Xxxxxx Minnesota Tax-Free Income Fund

Lord Xxxxxx Missouri Tax-Free Income Fund

Lord Xxxxxx National Tax-Free Income Fund

Lord Xxxxxx New Jersey Tax-Free Income Fund

Lord Xxxxxx New York Tax-Free Income Fund

Lord Xxxxxx Texas Tax-Free Income Fund

Lord Xxxxxx Washington Tax-Free Income Fund

Lord Xxxxxx Tax-Free Income Trust

Florida Series

Georgia Series

Michigan Series

Pennsylvania Series

Lord Xxxxxx Insured Intermediate Tax-Free Fund

Lord Xxxxxx U.S. Government & Government Sponsored Enterprises Money

Market Fund, Inc.

AMENDMENT 5

to the

ADMINISTRATIVE SERVICES AGREEMENT

among

The Investment Companies comprising the Lord Xxxxxx Family of Funds

(each, a “Fund” or collectively, the “Funds”) as set forth on Exhibit 1

and

Lord, Xxxxxx & Co. LLC (“Lord Xxxxxx”)

WHEREAS, the Investment Companies named on Exhibit 1 and Lord Xxxxxx entered into an Administrative Services Agreement dated December 12, 2002, as may be amended from time to time (the “Agreement”);

WHEREAS, the Funds and Lord Xxxxxx desire to further amend the Agreement to amend EXHIBIT 2;

NOW THEREFORE, in consideration of the mutual covenants and of other good and valuable consideration, receipt of which is hereby acknowledged, the parties mutually agree to amend the Agreement in the following respects:

1. The first part of the first sentence of Exhibit 2 is hereby amended to read as follows:

In accordance with section 2 of the Agreement, Lord Xxxxxx will provide, or arrange to have provided, to each Fund all Administrative Services (to the extent that such services do not constitute advisory services provided to the Fund under the Investment Management Agreement) including the following Administrative Services for each Fund:

2. The Agreement shall remain the same in all other respects.

3. The Amendment is effective as of December 9, 2004.

IN WITNESS WHEREOF, each of the parties has caused this Amendment to the Agreement to be executed in its name and on its behalf by its duly authorized representative.

	On behalf of each of the Lord Xxxxxx Funds
	listed on Exhibit 1 Attached hereto
	By:	/s/ Xxxx X. Xxxxxxxx
		Xxxx X. Xxxxxxxx
		Chief Financial Officer

Attested:

/s/ Xxxxxxxxx X. Xxxxxxx

Xxxxxxxxx X. Xxxxxxx

Vice President & Assistant Secretary

	LORD, XXXXXX & CO. LLC
	By:	/s/ Xxxx X. Xxxxxxx
		Xxxx X. Xxxxxxx
		Member, General Counsel

Attested:

/s/ Xxxxxxxxx X. Xxxxxxx

Xxxxxxxxx X. Xxxxxxx

Vice President & Assistant Secretary

EXHIBIT 1 (AMENDED AS OF DECEMBER 15, 2003)

TO

ADMINISTRATIVE SERVICES AGREEMENT

The following funds comprise the Lord Xxxxxx Family of Funds:

Lord Xxxxxx Affiliated Fund, Inc.

Lord Xxxxxx Blend Trust

Lord Xxxxxx Small-Cap Blend Fund

Lord Xxxxxx Bond-Debenture Fund, Inc.

Lord Xxxxxx Developing Growth Fund, Inc.

Lord Xxxxxx Global Fund, Inc.

Equity Series

Income Series

Lord Xxxxxx Investment Trust

Balanced Series

Lord Xxxxxx Core Fixed Income Fund

Lord Xxxxxx High Yield Fund

Lord Xxxxxx Limited Duration U.S. Government & Government Sponsored

Enterprises Fund

Lord Xxxxxx Total Return Fund

Lord Xxxxxx U.S. Government & Government Sponsored Enterprises Fund

Lord Xxxxxx Convertible Fund

Lord Xxxxxx Large-Cap Growth Fund

Lord Xxxxxx Mid-Cap Value Fund, Inc.

Lord Xxxxxx Research Fund, Inc.

Lord Xxxxxx America’s Value Fund

Lord Xxxxxx Growth Opportunities Fund

Large-Cap Series

Small-Cap Value Series

Lord Xxxxxx Securities Trust

Alpha Series

Lord Xxxxxx All Value Fund

Lord Xxxxxx International Opportunities Fund

Lord Xxxxxx Micro-Cap Growth Fund

Lord Xxxxxx Micro-Cap Value Fund

Lord Xxxxxx Large-Cap Value Fund

Lord Xxxxxx International Core Equity Fund

Lord Xxxxxx Series Fund, Inc.

All Value Portfolio

America’s Value Portfolio

Bond-Debenture Portfolio

Growth and Income Portfolio

Growth Opportunities Portfolio

International Portfolio

Mid-Cap Value Portfolio

Lord Xxxxxx Tax-Free Income Fund, Inc.

Lord Xxxxxx California Tax-Free Income Fund

Lord Xxxxxx Connecticut Tax-Free Income Fund

Lord Xxxxxx Hawaii Tax-Free Income Fund

Lord Xxxxxx Minnesota Tax-Free Income Fund

Lord Xxxxxx Missouri Tax-Free Income Fund

Lord Xxxxxx National Tax-Free Income Fund

Lord Xxxxxx New Jersey Tax-Free Income Fund

Lord Xxxxxx New York Tax-Free Income Fund

Lord Xxxxxx Texas Tax-Free Income Fund

Lord Xxxxxx Washington Tax-Free Income Fund

Lord Xxxxxx Tax-Free Income Trust

Florida Series

Georgia Series

Michigan Series

Pennsylvania Series

Lord Xxxxxx Insured Intermediate Tax-Free Fund

Lord Xxxxxx U.S. Government & Government Sponsored Enterprises Money

Market Fund, Inc.

AMENDMENT 6

to the

ADMINISTRATIVE SERVICES AGREEMENT

among

The Investment Companies comprising the Lord Xxxxxx Family of Funds

(each, a “Fund” or collectively, the “Funds”) as set forth on Exhibit 1

and

Lord, Xxxxxx & Co. LLC (“Lord Xxxxxx”)

WHEREAS, the Investment Companies named on Exhibit 1 and Lord Xxxxxx entered into an Administrative Services Agreement dated December 12, 2002, as may be amended from time to time (the “Agreement”);

WHEREAS, Section 9 of the Agreement provides for the addition to the Agreement of new funds created in the Lord Xxxxxx Family of Funds where such funds wish to engage Lord Xxxxxx to perform Administrative Services under the Agreement;

WHEREAS, the Funds and Lord Xxxxxx desire to further amend the Agreement to include additional funds;

NOW THEREFORE, in consideration of the mutual covenants and of other good and valuable consideration, receipt of which is hereby acknowledged, the parties mutually agree to amend the Agreement in the following respects:

1. The Agreement is hereby amended to add the following fund to Exhibit 1 of the Agreement:

Lord Xxxxxx Municipal Income Trust

(formerly Lord Xxxxxx Tax-Free Income Trust)

-Lord Xxxxxx High Yield Municipal Bond Fund

2. The Agreement shall remain the same in all other respects.

3. The Amendment is effective as of the 30th day of December, 2004.

IN WITNESS WHEREOF, each of the parties has caused this Amendment to the Agreement to be executed in its name and on its behalf by its duly authorized representative.

	On behalf of each of the Lord Xxxxxx Funds
	listed on Exhibit 1 Attached hereto
	By:	/s/ Xxxx X. Xxxxxxxx
		Xxxx X. Xxxxxxxx
		Chief Financial Officer

Attested:

/s/ Xxxxxxxxx X. Xxxxxxx

Xxxxxxxxx X. Xxxxxxx

Vice President & Assistant Secretary

	LORD, XXXXXX & CO. LLC
	By:	/s/ Xxxxxx X. Xxx
		Xxxxxx X. Xxx
		Managing Member

Attested:

/s/ Xxxx X. Xxxxxxx

Xxxx X. Xxxxxxx

Member, General Counsel

EXHIBIT 1 (AMENDED AS OF DECEMBER 30, 2004)

TO

ADMINISTRATIVE SERVICES AGREEMENT

The following funds comprise the Lord Xxxxxx Family of Funds:

Lord Xxxxxx Affiliated Fund, Inc.

Lord Xxxxxx Blend Trust

Lord Xxxxxx Small-Cap Blend Fund

Lord Xxxxxx Bond-Debenture Fund, Inc.

Lord Xxxxxx Developing Growth Fund, Inc.

Lord Xxxxxx Global Fund, Inc.

Equity Series

Income Series

Lord Xxxxxx Investment Trust

Balanced Series

Lord Xxxxxx Core Fixed Income Fund

Lord Xxxxxx High Yield Fund

Lord Xxxxxx Limited Duration U.S. Government & Government Sponsored

Enterprises Fund

Lord Xxxxxx Total Return Fund

Lord Xxxxxx U.S. Government & Government Sponsored Enterprises Fund

Lord Xxxxxx Convertible Fund

Lord Xxxxxx Large-Cap Growth Fund

Lord Xxxxxx Mid-Cap Value Fund, Inc.

Lord Xxxxxx Research Fund, Inc.

Lord Xxxxxx America’s Value Fund

Lord Xxxxxx Growth Opportunities Fund

Lord Xxxxxx Large-Cap Core Fund

Small-Cap Value Series

Lord Xxxxxx Securities Trust

Alpha Series

Lord Xxxxxx All Value Fund

Lord Xxxxxx International Opportunities Fund

Lord Xxxxxx Micro-Cap Growth Fund

Lord Xxxxxx Micro-Cap Value Fund

Lord Xxxxxx Large-Cap Value Fund

Lord Xxxxxx International Core Equity Fund

Lord Xxxxxx Series Fund, Inc.

All Value Portfolio

America’s Value Portfolio

Bond-Debenture Portfolio

Growth and Income Portfolio

Growth Opportunities Portfolio

International Portfolio

Mid-Cap Value Portfolio

Lord Xxxxxx Tax-Free Income Fund, Inc.

Lord Xxxxxx California Tax-Free Income Fund

Lord Xxxxxx Connecticut Tax-Free Income Fund

Lord Xxxxxx Hawaii Tax-Free Income Fund

Lord Xxxxxx Minnesota Tax-Free Income Fund

Lord Xxxxxx Missouri Tax-Free Income Fund

Lord Xxxxxx National Tax-Free Income Fund

Lord Xxxxxx New Jersey Tax-Free Income Fund

Lord Xxxxxx New York Tax-Free Income Fund

Lord Xxxxxx Texas Tax-Free Income Fund

Lord Xxxxxx Washington Tax-Free Income Fund

Lord Xxxxxx Municipal Income Trust

Florida Series

Georgia Series

Michigan Series

Pennsylvania Series

Lord Xxxxxx Insured Intermediate Tax-Free Fund

Lord Xxxxxx High Yield Municipal Bond Fund

Lord Xxxxxx U.S. Government & Government Sponsored Enterprises Money Market

Fund, Inc.

AMENDMENT 7

to the

ADMINISTRATIVE SERVICES AGREEMENT

among

The Investment Companies comprising the Lord Xxxxxx Family of Funds

(each, a “Fund” or collectively, the “Funds”) as set forth on Exhibit 1

and

Lord, Xxxxxx & Co. LLC (“Lord Xxxxxx”)

WHEREAS, the Investment Companies named on Exhibit 1 and Lord Xxxxxx entered into an Administrative Services Agreement dated December 12, 2002, as may be amended from time to time (the “Agreement”);

WHEREAS, Section 9 of the Agreement provides for the addition to the Agreement of new funds created in the Lord Xxxxxx Family of Funds where such funds wish to engage Lord Xxxxxx to perform Administrative Services under the Agreement;

WHEREAS, the Funds and Lord Xxxxxx desire to further amend the Agreement to include additional funds;

NOW THEREFORE, in consideration of the mutual covenants and of other good and valuable consideration, receipt of which is hereby acknowledged, the parties mutually agree to amend the Agreement in the following respects:

1. The Agreement is hereby amended to add the following fund to Exhibit 1 of the Agreement:

Lord Xxxxxx Series Fund, Inc.

-Lord Xxxxxx Large-Cap Core Portfolio

2. The Agreement shall remain the same in all other respects.

3. The Amendment is effective as of the 13th day of April, 2005.

IN WITNESS WHEREOF, each of the parties has caused this Amendment to the Agreement to be executed in its name and on its behalf by its duly authorized representative.

	On behalf of each of the Lord Xxxxxx Funds
	listed on Exhibit 1 Attached hereto
	By:	/s/ Xxxx X. Xxxxxxxx
		Xxxx X. Xxxxxxxx
		Chief Financial Officer

Attested:

Xxxxxxxxx X. Xxxxxxx

Vice President & Assistant Secretary

	LORD, XXXXXX & CO. LLC
	By:	/s/ Xxxxxx X. Xxx
		Xxxxxx X. Xxx
		Managing Member

Attested:

/s/ Xxxx X. Xxxxxxx

Xxxx X. Xxxxxxx

Member, General Counsel

EXHIBIT 1 (AMENDED AS OF APRIL 13, 2005)

TO

ADMINISTRATIVE SERVICES AGREEMENT

The following funds comprise the Lord Xxxxxx Family of Funds:

Lord Xxxxxx Affiliated Fund, Inc.

Lord Xxxxxx Blend Trust

Lord Xxxxxx Small-Cap Blend Fund

Lord Xxxxxx Bond-Debenture Fund, Inc.

Lord Xxxxxx Developing Growth Fund, Inc.

Lord Xxxxxx Global Fund, Inc.

Equity Series

Income Series

Lord Xxxxxx Investment Trust

Balanced Series

Lord Xxxxxx Core Fixed Income Fund

Lord Xxxxxx High Yield Fund

Lord Xxxxxx Limited Duration U.S. Government & Government Sponsored

Enterprises Fund

Lord Xxxxxx Total Return Fund

Lord Xxxxxx U.S. Government & Government Sponsored Enterprises Fund

Lord Xxxxxx Convertible Fund

Lord Xxxxxx Large-Cap Growth Fund

Lord Xxxxxx Mid-Cap Value Fund, Inc.

Lord Xxxxxx Research Fund, Inc.

Lord Xxxxxx America’s Value Fund

Lord Xxxxxx Growth Opportunities Fund

Lord Xxxxxx Large-Cap Core Fund

Small-Cap Value Series

Lord Xxxxxx Securities Trust

Alpha Series

Lord Xxxxxx All Value Fund

Lord Xxxxxx International Opportunities Fund

Lord Xxxxxx Micro-Cap Growth Fund

Lord Xxxxxx Micro-Cap Value Fund

Lord Xxxxxx Large-Cap Value Fund

Lord Xxxxxx International Core Equity Fund

Lord Xxxxxx Series Fund, Inc.

All Value Portfolio

America’s Value Portfolio

Bond-Debenture Portfolio

Growth and Income Portfolio

Growth Opportunities Portfolio

International Portfolio

Mid-Cap Value Portfolio

Large-Cap Core Portfolio

Lord Xxxxxx Municipal Income Fund, Inc.

Lord Xxxxxx California Tax-Free Income Fund

Lord Xxxxxx Connecticut Tax-Free Income Fund

Lord Xxxxxx Hawaii Tax-Free Income Fund

Lord Xxxxxx Minnesota Tax-Free Income Fund

Lord Xxxxxx Missouri Tax-Free Income Fund

Lord Xxxxxx National Tax-Free Income Fund

Lord Xxxxxx New Jersey Tax-Free Income Fund

Lord Xxxxxx New York Tax-Free Income Fund

Lord Xxxxxx Texas Tax-Free Income Fund

Lord Xxxxxx Washington Tax-Free Income Fund

Lord Xxxxxx Municipal Income Trust

Florida Series

Georgia Series

Michigan Series

Pennsylvania Series

Lord Xxxxxx Insured Intermediate Tax-Free Fund

Lord Xxxxxx High Yield Municipal Bond Fund

Lord Xxxxxx U.S. Government & Government Sponsored Enterprises Money Market

Fund, Inc.

AMENDMENT 8

to the

ADMINISTRATIVE SERVICES AGREEMENT

among

The Investment Companies comprising the Lord Xxxxxx Family of Funds

(each, a “Fund” or collectively, the “Funds”) as set forth on Exhibit 1

and

Lord, Xxxxxx & Co. LLC (“Lord Xxxxxx”)

WHEREAS, the Investment Companies named on Exhibit 1 and Lord Xxxxxx entered into an Administrative Services Agreement dated December 12, 2002, as may be amended from time to time (the “Agreement”);

WHEREAS, Section 9 of the Agreement provides for the addition to the Agreement of new funds created in the Lord Xxxxxx Family of Funds where such funds wish to engage Lord Xxxxxx to perform Administrative Services under the Agreement;

WHEREAS, the Funds and Lord Xxxxxx desire to further amend the Agreement to include additional funds;

NOW THEREFORE, in consideration of the mutual covenants and of other good and valuable consideration, receipt of which is hereby acknowledged, the parties mutually agree to amend the Agreement in the following respects:

1. The Agreement is hereby amended to add the following fund to Exhibit 1of the Agreement:

Lord Xxxxxx Investment Trust

-Lord Xxxxxx Income Strategy Fund

-Lord Xxxxxx World Growth & Income Strategy Fund

2. The first sentence of Section 5 is hereby amended to read as follows:

For the services rendered, facilities furnished and expenses assumed by Lord Xxxxxx under this Agreement, each Fund (other than Lord Xxxxxx Securities Trust - Alpha Series and Lord Xxxxxx Investment Trust - Balanced Series, Lord Xxxxxx Income Strategy Fund and Lord Xxxxxx World Growth & Income Strategy Fund) will pay to Lord Xxxxxx an annual administrative services fee, computed and payable monthly, at the annual rate of .04% of the value of the Fund’s average daily net assets.

3. The Agreement shall remain the same in all other respects.

4. The Amendment is effective as of the 29th day of June, 2005.

IN WITNESS WHEREOF, each of the parties has caused this Amendment to the Agreement to be executed in its name and on its behalf by its duly authorized representative.

	On behalf of each of the Lord Xxxxxx Funds
	listed on Exhibit 1 Attached hereto
	By:	/s/ Xxxx X. Xxxxxxxx
		Xxxx X. Xxxxxxxx
		Chief Financial Officer

Attested:

/s/ Xxxxxxxxx X. Xxxxxxx

Xxxxxxxxx X. Xxxxxxx

Vice President & Assistant Secretary

	LORD, XXXXXX & CO. LLC
	By:	/s/ Xxxxxx X. Xxx
		Xxxxxx X. Xxx
		Managing Member

Attested:

/s/ Xxxx X. Xxxxxxx

Xxxx X. Xxxxxxx

Member, General Counsel

EXHIBIT 1 (AMENDED AS OF JUNE 29, 2005)

TO

ADMINISTRATIVE SERVICES AGREEMENT

The following funds comprise the Lord Xxxxxx Family of Funds:

Lord Xxxxxx Affiliated Fund, Inc.

Lord Xxxxxx Blend Trust

Lord Xxxxxx Small-Cap Blend Fund

Lord Xxxxxx Bond-Debenture Fund, Inc.

Lord Xxxxxx Developing Growth Fund, Inc.

Lord Xxxxxx Global Fund, Inc.

Equity Series

Income Series

Lord Xxxxxx Investment Trust

Balanced Series

Lord Xxxxxx Core Fixed Income Fund

Lord Xxxxxx High Yield Fund

Lord Xxxxxx Limited Duration U.S. Government & Government Sponsored

Enterprises Fund

Lord Xxxxxx Total Return Fund

Lord Xxxxxx U.S. Government & Government Sponsored Enterprises Fund

Lord Xxxxxx Convertible Fund

Lord Xxxxxx Income Strategy Fund

Lord Xxxxxx World Growth & Income Strategy Fund

Lord Xxxxxx Large-Cap Growth Fund

Lord Xxxxxx Mid-Cap Value Fund, Inc.

Lord Xxxxxx Research Fund, Inc.

Lord Xxxxxx America’s Value Fund

Lord Xxxxxx Growth Opportunities Fund

Lord Xxxxxx Large-Cap Core Fund

Small-Cap Value Series

Lord Xxxxxx Securities Trust

Alpha Series

Lord Xxxxxx All Value Fund

Lord Xxxxxx International Opportunities Fund

Lord Xxxxxx Micro-Cap Growth Fund

Lord Xxxxxx Micro-Cap Value Fund

Lord Xxxxxx Large-Cap Value Fund

Lord Xxxxxx International Core Equity Fund

Lord Xxxxxx Series Fund, Inc.

All Value Portfolio

America’s Value Portfolio

Bond-Debenture Portfolio

Growth and Income Portfolio

Growth Opportunities Portfolio

International Portfolio

Mid-Cap Value Portfolio

Large-Cap Core Portfolio

Lord Xxxxxx Municipal Income Fund, Inc.

Lord Xxxxxx California Tax-Free Income Fund

Lord Xxxxxx Connecticut Tax-Free Income Fund

Lord Xxxxxx Hawaii Tax-Free Income Fund

Lord Xxxxxx Minnesota Tax-Free Income Fund

Lord Xxxxxx Missouri Tax-Free Income Fund

Lord Xxxxxx National Tax-Free Income Fund

Lord Xxxxxx New Jersey Tax-Free Income Fund

Lord Xxxxxx New York Tax-Free Income Fund

Lord Xxxxxx Texas Tax-Free Income Fund

Lord Xxxxxx Washington Tax-Free Income Fund

Lord Xxxxxx Municipal Income Trust

Florida Series

Georgia Series

Michigan Series

Pennsylvania Series

Lord Xxxxxx Insured Intermediate Tax-Free Fund

Lord Xxxxxx High Yield Municipal Bond Fund

Lord Xxxxxx U.S. Government & Government Sponsored Enterprises Money Market Fund, Inc.

AMENDMENT 9
to the

ADMINISTRATIVE SERVICES AGREEMENT

among

The Investment Companies comprising the Lord Xxxxxx Family of Funds

(each, a “Fund” or collectively, the “Funds”) as set forth on Exhibit 1

and

Lord, Xxxxxx & Co. LLC (“Lord Xxxxxx”)

WHEREAS, the Investment Companies named on Exhibit 1 and Lord Xxxxxx entered into an Administrative Services Agreement dated December 12, 2002, as may be amended from time to time (the “Agreement”);

WHEREAS, Section 9 of the Agreement provides for the addition to the Agreement of new funds created in the Lord Xxxxxx Family of Funds where such funds wish to engage Lord Xxxxxx to perform Administrative Services under the Agreement;

WHEREAS, the Funds and Lord Xxxxxx desire to further amend the Agreement to include an additional fund;

NOW THEREFORE, in consideration of the mutual covenants and of other good and valuable consideration, receipt of which is hereby acknowledged, the parties mutually agree to amend the Agreement in the following respects:

1. The Agreement is hereby amended to add the following fund to Exhibit 1 of the Agreement:

Lord Xxxxxx Securities Trust

-Lord Xxxxxx Value Opportunities Fund

2. The Agreement shall remain the same in all other respects.

3. The Amendment is effective as of the 20^th day of December, 2005.

IN WITNESS WHEREOF, each of the parties has caused this Amendment to the Agreement to be executed in its name and on its behalf by its duly authorized representative.

	On behalf of each of the Lord Xxxxxx Funds
	listed on Exhibit 1 Attached hereto
	By:	/s/ Xxxx X. Xxxxxxxx
		Xxxx X. Xxxxxxxx
		Chief Financial Officer

Attested:

/s/ Xxxxxxxxx X. Xxxxxxx

Xxxxxxxxx X. Xxxxxxx

Vice President & Assistant Secretary

	LORD, XXXXXX & CO. LLC
	By:	/s/ Xxxxxx X. Xxx
		Xxxxxx X. Xxx
		Managing Member

Attested:

/s/ Xxxxxxxx X. Xxxxxx

Xxxxxxxx X. Xxxxxx

Member, General Counsel

EXHIBIT 1  (AMENDED AS OF DECEMBER 20, 2005)

TO

ADMINISTRATIVE SERVICES AGREEMENT

The following funds comprise the Lord Xxxxxx Family of Funds:

Lord Xxxxxx Affiliated Fund, Inc.

Lord Xxxxxx Blend Trust

Lord Xxxxxx Small-Cap Blend Fund

Lord Xxxxxx Bond-Debenture Fund, Inc.

Lord Xxxxxx Developing Growth Fund, Inc.

Lord Xxxxxx Global Fund, Inc.

Equity Series

Income Series

Lord Xxxxxx Investment Trust

Balanced Series

Lord Xxxxxx Core Fixed Income Fund

Lord Xxxxxx High Yield Fund

Lord Xxxxxx Limited Duration U.S. Government & Government Sponsored Enterprises Fund

Lord Xxxxxx Total Return Fund

Lord Xxxxxx U.S. Government & Government Sponsored Enterprises Fund

Lord Xxxxxx Convertible Fund

Lord Xxxxxx Income Strategy Fund

Lord Xxxxxx World Growth & Income Strategy Fund

Lord Xxxxxx Large-Cap Growth Fund

Lord Xxxxxx Mid-Cap Value Fund, Inc.

Lord Xxxxxx Research Fund, Inc.

Lord Xxxxxx America’s Value Fund

Lord Xxxxxx Growth Opportunities Fund

Lord Xxxxxx Large-Cap Core Fund

Small-Cap Value Series

Lord Xxxxxx Securities Trust

Alpha Series

Lord Xxxxxx All Value Fund

Lord Xxxxxx International Opportunities Fund

Lord Xxxxxx Micro-Cap Growth Fund

Lord Xxxxxx Micro-Cap Value Fund

Lord Xxxxxx Large-Cap Value Fund

Lord Xxxxxx International Core Equity Fund

Lord Xxxxxx Value Opportunities Fund

Lord Xxxxxx Series Fund, Inc.

All Value Portfolio

America’s Value Portfolio

Bond-Debenture Portfolio

Growth and Income Portfolio

Growth Opportunities Portfolio

International Portfolio

Mid-Cap Value Portfolio

Large-Cap Core Portfolio

Lord Xxxxxx Municipal Income Fund, Inc.

Lord Xxxxxx California Tax-Free Income Fund

Lord Xxxxxx Connecticut Tax-Free Income Fund

Lord Xxxxxx Hawaii Tax-Free Income Fund

Lord Xxxxxx Minnesota Tax-Free Income Fund

Lord Xxxxxx Missouri Tax-Free Income Fund

Lord Xxxxxx National Tax-Free Income Fund

Lord Xxxxxx New Jersey Tax-Free Income Fund

Lord Xxxxxx New York Tax-Free Income Fund

Lord Xxxxxx Texas Tax-Free Income Fund

Lord Xxxxxx Washington Tax-Free Income Fund

Lord Xxxxxx Municipal Income Trust

Florida Series

Georgia Series

Michigan Series

Pennsylvania Series

Lord Xxxxxx Insured Intermediate Tax-Free Fund

Lord Xxxxxx High Yield Municipal Bond Fund

Lord Xxxxxx U.S. Government & Government Sponsored Enterprises Money Market Fund, Inc.

AMENDMENT 10

to the

ADMINISTRATIVE SERVICES AGREEMENT

among

The Investment Companies comprising the Lord Xxxxxx Family of Funds

(each, a “Fund” or collectively, the “Funds”) as set forth on Exhibit 1

and

Lord, Xxxxxx & Co. LLC (“Lord Xxxxxx”)

WHEREAS, the Investment Companies named on Exhibit 1 and Lord Xxxxxx entered into an Administrative Services Agreement dated December 12, 2002, as may be amended from time to time (the “Agreement”);

WHEREAS, Section 9 of the Agreement provides for the addition to the Agreement of new funds created in the Lord Xxxxxx Family of Funds where such funds wish to engage Lord Xxxxxx to perform Administrative Services under the Agreement;

WHEREAS, the Funds and Lord Xxxxxx desire to further amend the Agreement to include an additional fund;

NOW THEREFORE, in consideration of the mutual covenants and of other good and valuable consideration, receipt of which is hereby acknowledged, the parties mutually agree to amend the Agreement in the following respects:

1. The Agreement is hereby amended to add the following fund to Exhibit 1 of the Agreement:

Lord Xxxxxx Investment Trust

-Lord Xxxxxx Diversified Equity Strategy Fund

2. The Agreement shall remain the same in all other respects.

3. The Amendment is effective as of the 29^th day of June, 2006.

IN WITNESS WHEREOF, each of the parties has caused this Amendment to the Agreement to be executed in its name and on its behalf by its duly authorized representative.

	On behalf of each of the Lord Xxxxxx Funds
	listed on Exhibit 1 Attached hereto
	By:	/s/ Xxxx X. Xxxxxxxx
		Xxxx X. Xxxxxxxx
		Chief Financial Officer

Attested:

/s/ Xxxxxxxxx X. Xxxxxxx

Xxxxxxxxx X. Xxxxxxx

Vice President & Assistant Secretary

	LORD, XXXXXX & CO. LLC
	By:	/s/ Xxxxxx X. Xxx
		Xxxxxx X. Xxx
		Managing Member

Attested:

/s/ Xxxxxxxx X. Xxxxxx

Xxxxxxxx X. Xxxxxx

Member, General Counsel

EXHIBIT 1  (AMENDED AS OF June 29, 2006)

TO

ADMINISTRATIVE SERVICES AGREEMENT

The following funds comprise the Lord Xxxxxx Family of Funds:

Lord Xxxxxx Affiliated Fund, Inc.

Lord Xxxxxx Blend Trust

Lord Xxxxxx Small-Cap Blend Fund

Lord Xxxxxx Bond-Debenture Fund, Inc.

Lord Xxxxxx Developing Growth Fund, Inc.

Lord Xxxxxx Global Fund, Inc.

Equity Series

Income Series

Lord Xxxxxx Investment Trust

Lord Xxxxxx Balanced Strategy Fund

Lord Xxxxxx Convertible Fund

Lord Xxxxxx Core Fixed Income Fund

Lord Xxxxxx Diversified Equity Strategy Fund

Lord Xxxxxx High Yield Fund

Lord Xxxxxx Income Strategy Fund

Lord Xxxxxx Limited Duration U.S. Government & Government Sponsored Enterprises Fund

Lord Xxxxxx Total Return Fund

Lord Xxxxxx U.S. Government & Government Sponsored Enterprises Fund

Lord Xxxxxx World Growth & Income Strategy Fund

Lord Xxxxxx Large-Cap Growth Fund

Lord Xxxxxx Mid-Cap Value Fund, Inc.

Lord Xxxxxx Municipal Income Fund, Inc.

Lord Xxxxxx California Tax-Free Income Fund

Lord Xxxxxx Connecticut Tax-Free Income Fund

Lord Xxxxxx Hawaii Tax-Free Income Fund

Lord Xxxxxx Minnesota Tax-Free Income Fund

Lord Xxxxxx Missouri Tax-Free Income Fund

Lord Xxxxxx National Tax-Free Income Fund

Lord Xxxxxx New Jersey Tax-Free Income Fund

Lord Xxxxxx New York Tax-Free Income Fund

Lord Xxxxxx Texas Tax-Free Income Fund

Lord Xxxxxx Washington Tax-Free Income Fund

Lord Xxxxxx Municipal Income Trust

Florida Series

Georgia Series

Lord Xxxxxx High Yield Municipal Bond Fund

Lord Xxxxxx Insured Intermediate Tax-Free Fund

Michigan Series

Pennsylvania Series

Lord Xxxxxx Research Fund, Inc.

Lord Xxxxxx America’s Value Fund

Lord Xxxxxx Growth Opportunities Fund

Lord Xxxxxx Large-Cap Core Fund

Small-Cap Value Series

Lord Xxxxxx Securities Trust

Lord Xxxxxx All Value Fund

Lord Xxxxxx Alpha Strategy Fund

Lord Xxxxxx International Core Equity Fund

Lord Xxxxxx International Opportunities Fund

Lord Xxxxxx Large-Cap Value Fund

Lord Xxxxxx Micro-Cap Growth Fund

Lord Xxxxxx Micro-Cap Value Fund

Lord Xxxxxx Value Opportunities Fund

Lord Xxxxxx Series Fund, Inc.

All Value Portfolio

America’s Value Portfolio

Bond-Debenture Portfolio

Growth and Income Portfolio

Growth Opportunities Portfolio

International Portfolio

Large-Cap Core Portfolio

Mid-Cap Value Portfolio

Lord Xxxxxx U.S. Government & Government Sponsored Enterprises Money Market Fund, Inc.