FORM OF AMENDMENT NO. 1
to the
ADMINISTRATIVE SERVICES AGREEMENT
The Administrative Services Agreement dated as of February 3, 1999 by and
between E*TRADE Funds on behalf of the series listed on Exhibit A hereto (each a
"Fund" and collectively, the "Funds") and E*TRADE Asset Management, Inc., is
hereby amended as follows:
1. Exhibit A is hereby amended and substituted with the attached
Exhibit A;
2. Section 9 is hereby amended to delete the first sentence of that
section and substitute the following language:
This Agreement shall continue in effect with respect to the E*TRADE S&P
500 Index Fund until February 3, 2001, if not sooner terminated and shall become
effective with respect to the E*TRADE Extended Market Index Fund, the E*TRADE
Total Bond Index Fund and the E*TRADE Technology Index Fund, as of __________,
1999 and shall continue in effect until ______, 2001, if not sooner terminated.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 1 to
the Administrative Services Agreement to be executed as of __________________,
1999.
E*TRADE FUNDS (on behalf of the Funds
listed on Exhibit A)
By:________________________________
Name:
Title:
E*TRADE ASSET
MANAGEMENT, INC.
By:________________________________
Name:
Title:
EXHIBIT A
to the
ADMINISTRATIVE SERVICES AGREEMENT
E*TRADE S&P 500 Index Fund
E*TRADE Extended Market Index Fund
E*TRADE Bond Index Fund
E*TRADE Technology Index Fund
E*TRADE International Index Fund
E*TRADE E-Commerce Index Fund
