Exhibit 4(d)(2)
LETTER AGREEMENT
Xxxxx Xxxxxxx Investment Management Company
P.O. Box 1591
Tacoma, WA 98401-1591
Dear Sirs:
This Letter Agreement relates to the Administrative Agreement between Xxxxx
Xxxxxxx Investment Company and Xxxxx Xxxxxxx Investment Management Company dated
December 1, 1998 ("Administrative Agreement"). Xxxxx Xxxxxxx Investment Company
advises you that it is creating five new funds to be named Tax-Managed Equity
Aggressive Strategy Fund, Tax-Managed Aggressive Strategy Fund, Tax-Managed
Moderate Strategy Fund, Tax-Managed Conservative Strategy Fund and Tax-Managed
Small Cap Fund (each, a "Fund") and that each Fund desires Xxxxx Xxxxxxx
Investment Management Company to provide administrative services to the Fund
pursuant to the terms and conditions of the Administrative Agreement. Section 6A
of the Administrative Agreement hereby to includes each 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,
XXXXX XXXXXXX INVESTMENT COMPANY
By:
Xxxx X. Xxxxxxxx
President
Accepted this day of , 1999.
XXXXX XXXXXXX INVESTMENT MANAGEMENT COMPANY
By:
Xxxx X. Xxxxxxx
President
