LETTER AGREEMENT

Exhibit (h) 1.3

LETTER AGREEMENT

Xxxxxxx Investment Company

000 X Xxxxxx

Xxxxxx, XX 00000

Re: Amendment to Transfer Agency and Service Agreement

Dear Sirs:

Pursuant to Section 13.1 of the Transfer Agency and Service Agreement between Xxxxxxx Investment Company (“RIC”) and Xxxxxxx Investment Management Company (“RIMCo”) dated July 1, 2005, RIC hereby advises you that it is creating three new funds to be named 2007 Retirement Distribution Fund, 2007 Accelerated Distribution Fund and 2007 Extended Distribution Fund (the “New Funds”). RIC desires Xxxxxxx Investment Management Company to serve as Transfer Agent with respect to the New Funds pursuant to the terms and conditions of the Transfer Agency and Service Agreement. The fees to be charged by the Transfer Agent in return for its services shall be as set forth on Schedule 2.1 of the Transfer Agency and Service Agreement.

Please indicate your acceptance to act as Transfer Agent with respect to the New Funds by executing this letter agreement and returning to the undersigned.

Sincerely,

XXXXXXX INVESTMENT MANAGEMENT COMPANY

By:

Xxxx X. Xxxxx

President

Accepted this      day of                     , 2007

XXXXXXX INVESTMENT COMPANY

By:

Xxxx X. Xxxxxxx

Treasurer and Chief Accounting Officer