AMENDMENT NO. 12
TO THE
DECLARATION OF TRUST
OF
XXXXXXX XXXXX TRUST
This AMENDMENT NO. 12 dated the 26th day October, 1999 to the AGREEMENT
AND DECLARATION OF TRUST (the "Declaration"), as amended, dated the 28th day of
January, 1997 is made by the Trustees name below;
WHEREAS, the Trustees have established a trust for the
investment and reinvestment of funds contributed thereto;
WHEREAS, the Trustees divided the beneficial interest in the
trust assets into transferable shares of beneficial interest and divided such
shares of beneficial interest into separate Series;
WHEREAS, the Trustees desire to create new Series and
designate new Classes of shares;
NOW, THEREFORE, in consideration of the foregoing premises and the
agreements contained herein, the undersigned, being all of the Trustees of the
Trust and acting in accordance with Article V, Section 1 of the Declaration,
hereby amend the Declaration as follows:
The Trust shall consist of one or more Series. Without limiting the
authority of the Trustees to establish and designate any further
Series, the Trustees hereby establish the following 52 Series: Xxxxxxx
Sachs Adjustable Rate Government Fund, Xxxxxxx Xxxxx Short Duration
Government Fund, Xxxxxxx Sachs Short Duration Tax-Free Fund, Xxxxxxx
Sachs Core Fixed Income Fund, Xxxxxxx Xxxxx Global Income Fund, Xxxxxxx
Sachs Government Income Fund, Xxxxxxx Xxxxx Municipal Income Fund,
Xxxxxxx Sachs High Yield Fund, Xxxxxxx Xxxxx Balanced Fund, Xxxxxxx
Sachs CORE Large Cap Growth Fund, Xxxxxxx Xxxxx CORE U.S. Equity Fund,
Xxxxxxx Sachs CORE Small Cap Equity Fund, Xxxxxxx Xxxxx CORE
International Equity Fund, Xxxxxxx Sachs Growth and Income Fund,
Xxxxxxx Xxxxx Capital Growth Fund, Xxxxxxx Sachs Mid Cap Value Fund,
Xxxxxxx Xxxxx Small Cap Value Fund, Xxxxxxx Sachs International Equity
Fund, Xxxxxxx Xxxxx Asia Growth Fund, Xxxxxxx Sachs Emerging Markets
Equity Fund, Xxxxxxx Xxxxx Real Estate Securities Fund, Xxxxxxx Sachs
International Small Cap Fund, Xxxxxxx Xxxxx Japanese Equity Fund,
Xxxxxxx Sachs European Equity Fund, Xxxxxxx Xxxxx CORE Large Cap Value
Fund, Xxxxxxx Sachs Strategic Growth Fund, Xxxxxxx Xxxxx Growth
Opportunities Fund, Xxxxxxx Sachs Internet Tollkeeper Fund, Xxxxxxx
Sachs Large Cap Value Fund, Xxxxxxx Xxxxx Growth Strategy Portfolio,
Xxxxxxx Sachs Aggressive Growth Strategy Portfolio, Xxxxxxx Xxxxx
Balanced Strategy Portfolio, Xxxxxxx Sachs Growth and Income Strategy
Portfolio, Xxxxxxx Xxxxx Conservative Strategy Portfolio, Institutional
Liquid Assets- Prime Obligations Portfolio, Institutional Liquid
Assets-Government Portfolio, Institutional Liquid Assets-Treasury
Obligations Portfolio, Institutional Liquid Assets-Money Market
Portfolio, Institutional Liquid Assets-Federal Portfolio, Institutional
Liquid Assets-Treasury Instruments Portfolio, Institutional Liquid
Assets-Tax-Exempt Diversified Portfolio, Institutional Liquid
Assets-Tax-Exempt New York Portfolio, Institutional Liquid
Assets-Tax-Exempt California Portfolio, Xxxxxxx Sachs-Financial Square
Prime Obligations Fund, Xxxxxxx Xxxxx-Financial Square Government Fund,
Xxxxxxx Sachs-Financial Square Treasury Obligations Fund, Xxxxxxx
Sachs-Financial Square Money Market Fund, Xxxxxxx Xxxxx-Financial
Square Premium Money Market Fund, Xxxxxxx Sachs-Financial Square
Municipal Money Market Fund, Xxxxxxx Xxxxx-Financial Square Tax-Free
Money Market Fund, Xxxxxxx Sachs-Financial Square Federal Fund, and
Xxxxxxx Xxxxx-Financial Square Treasury Instruments Fund (the "Existing
Series"). Each additional Series shall be established and is effective
upon the adoption of a resolution of a majority of the Trustees or any
alternative date specified in such resolution. The Trustees may
designate the relative rights and preferences of the Shares of each
Series. The Trustees may divide the Shares of any Series into Classes.
Without limiting the authority of the Trustees to establish and
designate any further Classes, the Trustees hereby establish the
following classes of shares with respect to the series set forth below:
Class A Shares: Xxxxxxx Sachs Adjustable Rate Government Fund,
Xxxxxxx Xxxxx Global Income Fund, Xxxxxxx Sachs Government
Income Fund, Xxxxxxx Xxxxx Municipal Income Fund,
Xxxxxxx Sachs High Yield Fund, Xxxxxxx Xxxxx Short
Duration Government Fund, Xxxxxxx Sachs Short
Duration Tax-Free Fund, Xxxxxxx Xxxxx Core Fixed Income
Fund,Xxxxxxx Sachs Balanced Fund, Xxxxxxx Xxxxx CORE U.S.
Equity Fund, Xxxxxxx Sachs CORE Small Cap Equity Fund,
Xxxxxxx Xxxxx CORE International Equity Fund, Xxxxxxx
Sachs CORE Large Cap Growth Fund, Xxxxxxx Xxxxx
Growth and Income Fund, Xxxxxxx Sachs Mid Cap Value Fund,
Xxxxxxx Xxxxx Capital Growth Fund, Xxxxxxx Sachs
Small Cap Value Fund, Xxxxxxx Xxxxx International Equity
Fund, Xxxxxxx Sachs Emerging Markets Equity Fund,
Xxxxxxx Xxxxx Asia Growth Fund, Xxxxxxx Sachs Real Estate
Securities Fund, Xxxxxxx Xxxxx International Small Cap
Fund, Xxxxxxx Sachs Japanese Equity Fund, Xxxxxxx Xxxxx
European Equity Fund, Xxxxxxx Sachs CORE Large Cap Value
Fund, Xxxxxxx Xxxxx Strategic Growth Fund, Xxxxxxx Sachs
Growth Opportunities Fund, Xxxxxxx Xxxxx Internet
Tollkeeper Fund, Xxxxxxx Sachs Large Cap Value Fund,
Xxxxxxx Xxxxx Growth Strategy Portfolio, Xxxxxxx Sachs
Aggressive Growth Strategy Portfolio, Xxxxxxx Xxxxx
Balanced Strategy Portfolio, Xxxxxxx Sachs Growth and
Income Strategy Portfolio, Xxxxxxx Xxxxx Conservative
Strategy Portfolio.
Class B Shares Xxxxxxx Sachs Global Income Fund, Xxxxxxx Xxxxx
Government Income Fund, Xxxxxxx Sachs Municipal
Income Fund, Xxxxxxx Xxxxx High Yield Fund, Xxxxxxx
Sachs Short Duration Government Fund, Xxxxxxx
Sachs Short Duration Tax-Free Fund, Xxxxxxx Xxxxx
Core Fixed Income Fund, Xxxxxxx Sachs Balanced Fund,
Xxxxxxx Xxxxx CORE U.S. Equity Fund, Xxxxxxx Sachs CORE
Small Cap Equity Fund, Xxxxxxx Xxxxx CORE International
Equity Fund, Xxxxxxx Sachs CORE Large Cap Growth Fund,
Xxxxxxx Xxxxx Growth and Income Fund, Xxxxxxx Sachs Mid Cap
Value Fund, Xxxxxxx Xxxxx Capital Growth Fund,
Xxxxxxx Sachs Small Cap Value Fund, Xxxxxxx Xxxxx
International Equity Fund, Xxxxxxx Sachs Emerging
Markets Equity Fund, Xxxxxxx Xxxxx Asia Growth Fund,
Xxxxxxx Sachs International Small Cap Fund,
Xxxxxxx Xxxxx Japanese Equity Fund, Xxxxxxx Sachs CORE
Large Cap Value Fund, Xxxxxxx Xxxxx Growth Opportunities
Fund, Xxxxxxx Sachs Strategic Growth Fund, Xxxxxxx Xxxxx
Internet Tollkeeper Fund, Xxxxxxx Sachs Large Cap Value
Fund, Institutional Liquid Assets Prime Obligations
Portfolio, Xxxxxxx Xxxxx Real Estate Securities Fund,
Xxxxxxx Sachs European Equity Fund, Xxxxxxx Xxxxx
Growth Strategy Portfolio, Xxxxxxx Sachs Aggressive
Growth Strategy Portfolio, Xxxxxxx Xxxxx Balanced Strategy
Portfolio, Xxxxxxx Sachs Growth and Income Strategy
Portfolio, Xxxxxxx Xxxxx Conservative Strategy Portfolio.
Class C Shares Xxxxxxx Sachs Global Income Fund, Xxxxxxx Xxxxx Government
Income Fund, Xxxxxxx Sachs Municipal Income Fund,
Xxxxxxx Xxxxx High Yield Fund, Xxxxxxx Sachs Short
Duration Government Fund, Xxxxxxx Xxxxx Short
Duration Tax-Free Fund, Xxxxxxx Sachs Core Fixed
Income Fund, Xxxxxxx Xxxxx Balanced Fund, Xxxxxxx Sachs
CORE U.S. Equity Fund, Xxxxxxx Xxxxx CORE Small Cap Equity
Fund, Xxxxxxx Sachs CORE International Equity Fund,
Xxxxxxx Xxxxx CORE Large Cap Growth Fund, Xxxxxxx Sachs
Growth and Income Fund, Xxxxxxx Xxxxx Mid Cap Value Fund,
Xxxxxxx Sachs Capital Growth Fund, Xxxxxxx Xxxxx
Small Cap Value Fund, Xxxxxxx Sachs International Equity
Fund, Xxxxxxx Xxxxx Emerging Markets Equity Fund,
Xxxxxxx Sachs Asia Growth Fund, Xxxxxxx Xxxxx International
Small Cap Fund, Xxxxxxx Sachs Japanese Equity Fund,
Institutional Liquid Assets Prime Obligations Portfolio,
Xxxxxxx Xxxxx Real Estate Securities Fund, Xxxxxxx Sachs
European Equity Fund, Xxxxxxx Xxxxx CORE Large Cap Value
Fund, Xxxxxxx Sachs Strategic Growth Fund, Xxxxxxx
Sachs Growth Opportunities Fund, Xxxxxxx Xxxxx Internet
Tollkeeper Fund, Xxxxxxx Sachs Large Cap Value Fund,
Xxxxxxx Xxxxx Growth Strategy Portfolio, Xxxxxxx Sachs
Aggressive Growth Strategy Portfolio, Xxxxxxx Xxxxx Balanced
Strategy Portfolio, Xxxxxxx Sachs Growth and Income
Strategy Portfolio, Xxxxxxx Xxxxx Conservative Strategy
Portfolio.
Institutional Shares: Xxxxxxx Sachs Adjustable Rate Government Fund,
Xxxxxxx Xxxxx Short Duration Government Fund,
Xxxxxxx Sachs Short Duration Tax-Free Fund, Xxxxxxx
Sachs Government Income Fund, Xxxxxxx Xxxxx Municipal
Income Fund, Xxxxxxx Sachs Core Fixed Income Fund,
Xxxxxxx Xxxxx Global Income Fund, Xxxxxxx Sachs
High Yield Fund, Xxxxxxx Xxxxx Balanced Fund, Xxxxxxx
Sachs Small Cap Value Fund, Xxxxxxx Xxxxx Capital
Growth Fund, Xxxxxxx Sachs CORE Large Cap Growth Fund,
Xxxxxxx Xxxxx CORE U.S. Equity Fund, Xxxxxxx Sachs
CORE Small Cap Equity Fund, Xxxxxxx Xxxxx CORE
International Equity Fund, Xxxxxxx Sachs Growth and
Income Fund, Xxxxxxx Xxxxx Mid Cap Value Fund,
Xxxxxxx Sachs International Equity Fund, Xxxxxxx
Sachs Emerging Markets Equity Fund, Xxxxxxx Xxxxx
Asia Growth Fund, Xxxxxxx Sachs International Small
Cap Fund, Xxxxxxx Xxxxx Japanese Equity Fund, Xxxxxxx
Sachs Real Estate Securities Fund, Xxxxxxx Xxxxx
European Equity Fund, Xxxxxxx Sachs CORE Large Cap
Value Fund, Xxxxxxx Xxxxx Growth Opportunities Fund,
Xxxxxxx Sachs Strategic Growth Fund, Xxxxxxx Xxxxx
Internet Tollkeeper Fund, Xxxxxxx Sachs Large Cap
Value Fund, Xxxxxxx Xxxxx-Financial Square Prime
Obligations Fund, Xxxxxxx Sachs-Financial Square
Government Fund, Xxxxxxx Xxxxx-Financial Square
Treasury Obligations Fund, Xxxxxxx Sachs-Financial
Square Money Market Fund, Xxxxxxx Xxxxx-Financial
Square Premium Money Market Fund, Xxxxxxx Sachs-
Financial Square Municipal Money Market Fund,
Xxxxxxx Xxxxx-Financial Square Tax-Free Money Market
Fund, Xxxxxxx Sachs-Financial Square Federal
Fund, Xxxxxxx Xxxxx-Financial Square Treasury
Instruments Fund, Institutional Liquid Assets-Prime
Obligations Portfolio, Institutional Liquid Assets
-Government Portfolio, Institutional Liquid
Assets-Treasury Obligations Portfolio,
Institutional Liquid Assets-Money Market Portfolio,
Institutional Liquid Assets-Federal Portfolio,
Institutional Liquid Assets-Treasury Instruments
Portfolio, Institutional Liquid Assets-Tax-Exempt
Diversified Portfolio, Institutional Liquid
Assets-Tax-Exempt New York Portfolio, Institutional
Liquid Assets-Tax-Exempt California Portfolio,
Xxxxxxx Sachs Growth Strategy Portfolio, Xxxxxxx Xxxxx
Aggressive Growth Strategy Portfolio, Xxxxxxx Sachs
Balanced Strategy Portfolio, Xxxxxxx Xxxxx Growth
and Income Strategy Portfolio, Xxxxxxx Sachs
Conservative Strategy Portfolio.
Service Shares: Xxxxxxx Xxxxx Adjustable Rate Government Fund,
Xxxxxxx Sachs Short Duration Government Fund,
Xxxxxxx Xxxxx Short Duration Tax-Free Fund,
Xxxxxxx Sachs Government Income Fund, Xxxxxxx
Sachs Municipal Income Fund, Xxxxxxx Xxxxx Core
Fixed Income Fund, Xxxxxxx Sachs Global
Income Fund, Xxxxxxx Xxxxx High Yield Fund,
Xxxxxxx Sachs Balanced Fund, Xxxxxxx Xxxxx
Small Cap Value Fund, Xxxxxxx Sachs Capital Growth
Fund, Xxxxxxx Xxxxx CORE U.S. Equity Fund,
Xxxxxxx Sachs CORE Large Cap Growth Fund, Xxxxxxx
Sachs CORE Small Cap Equity Fund, Xxxxxxx Xxxxx
CORE International Equity Fund, Xxxxxxx Sachs
Growth and Income Fund, Xxxxxxx Xxxxx Mid
Cap Value Fund, Xxxxxxx Sachs International Equity
Fund, Xxxxxxx Xxxxx Emerging Markets
Equity Fund, Xxxxxxx Sachs Asia Growth Fund,
Xxxxxxx Xxxxx International Small Cap Fund,
Xxxxxxx Sachs Japanese Equity Fund, Xxxxxxx
Sachs Real Estate Securities Fund, Xxxxxxx
Sachs European Equity Fund, Xxxxxxx Xxxxx CORE
Large Cap Value Fund, Xxxxxxx Sachs Strategic
Growth Fund, Xxxxxxx Xxxxx Growth Opportunities
Fund, Xxxxxxx Sachs Internet Tollkeeper Fund,
Xxxxxxx Xxxxx Large Cap Value Fund, Xxxxxxx
Sachs-Financial Square Prime Obligations Fund,
Xxxxxxx Xxxxx-Financial Square Government Fund,
Xxxxxxx Sachs-Financial Square Treasury
Obligations Fund, Xxxxxxx Xxxxx-Financial Square
Money Market Fund, Xxxxxxx Sachs-Financial
Square Premium Money Market Fund, Xxxxxxx
Sachs-Financial Square Municipal Money Market
Fund, Xxxxxxx Xxxxx-Financial Square Tax-Free
Money Market Fund, Xxxxxxx Sachs-Financial
Square Federal Fund, Xxxxxxx Xxxxx-Financial
Square Treasury Instruments Fund, Institutional
Liquid Assets-Prime Obligations Portfolio,
Institutional Liquid Assets-Government Portfolio,
Institutional Liquid Assets- Treasury Obligations
Portfolio, Institutional Liquid Assets-Money
Market Portfolio, Institutional Liquid Assets-
Federal Portfolio, Institutional Liquid Assets-
Treasury Instruments Portfolio, Institutional
Liquid Assets-Tax-Exempt Diversified Portfolio,
Institutional Liquid Assets-Tax-Exempt New York
Portfolio, Institutional Liquid Assets-Tax-Exempt
California Portfolio, Xxxxxxx Sachs Growth Strategy
Portfolio, Xxxxxxx Xxxxx Aggressive
Growth Strategy Portfolio, Xxxxxxx Sachs
Balanced Strategy Portfolio, Xxxxxxx Xxxxx
Growth and Income Strategy Portfolio, Xxxxxxx Sachs
Conservative Strategy Portfolio.
Administration Shares: Xxxxxxx Xxxxx-Financial Square Prime Obligations
Fund, Xxxxxxx Sachs-Financial Square Government
Fund, Xxxxxxx Xxxxx-Financial Square Treasury
Obligations Fund, Xxxxxxx Sachs-Financial Square
Money Market Fund, Xxxxxxx Xxxxx-Financial Square
Premium Money Market Fund, Xxxxxxx Sachs-Financial
Square Municipal Money Market Fund, Xxxxxxx
Sachs-Financial Square Tax-Free Money Market Fund,
Xxxxxxx Xxxxx-Financial Square Federal Fund, Xxxxxxx
Sachs-Financial Square Treasury Instruments Fund,
Institutional Liquid Assets-Prime Obligations
Portfolio, Institutional Liquid
Assets-Government Portfolio, Institutional Liquid
Assets-Treasury Obligations Portfolio,
Institutional Liquid Assets-Money Market Portfolio,
Institutional Liquid Assets-Federal Portfolio,
Institutional Liquid Assets-Treasury Instruments
Portfolio, Institutional Liquid Assets-Tax-Exempt
Diversified Portfolio, Institutional Liquid Assets-
Tax- Exempt New York Portfolio and Institutional
Liquid Assets-Tax-Exempt California Portfolio.
Preferred
Administration Shares: Xxxxxxx Xxxxx-Financial Square Prime
Obligations Fund, Xxxxxxx Sachs-Financial Square
Government Fund, Xxxxxxx Xxxxx-Financial Square
Treasury Obligations Fund, Xxxxxxx Sachs-Financial
Square Money Market Fund, Xxxxxxx Xxxxx-Financial
Square Premium Money Market Fund, Xxxxxxx
Sachs-Financial Square Municipal Money Market Fund,
Xxxxxxx Xxxxx-Financial Square Tax-Free Money Market
Fund, Xxxxxxx Sachs-Financial Square Federal Fund and
Xxxxxxx Xxxxx-Financial Square Treasury Instruments
Fund.
Cash Management
Shares: Institutional Liquid Assets-Prime Obligations
Portfolio, Institutional Liquid Assets-Money
Market Portfolio, Institutional Liquid
Assets-Government Portfolio, Institutional
Liquid Assets-Tax-Exempt Diversified Portfolio,
Institutional Liquid Assets-Tax-Exempt
California Portfolio, Institutional Liquid
Assets-Tax-Exempt New York Portfolio.
Select Shares: Xxxxxxx Sachs-Financial Square Prime
Obligations Fund, Xxxxxxx Xxxxx-Financial Square
Government Fund, Xxxxxxx Sachs-Financial Square
Treasury Obligations Fund, Xxxxxxx Xxxxx-Financial
Square Money Market Fund, Xxxxxxx Sachs-Financial
Square Premium Money Market Fund, Xxxxxxx
Sachs-Financial Square Municipal Money Market Fund,
Xxxxxxx Xxxxx-Financial Square Tax-Free Money Market
Fund, Xxxxxxx Sachs-Financial Square Federal Fund and
Xxxxxxx Xxxxx-Financial Square Treasury Instruments
Fund.
All capitalized terms which are not defined herein shall have the same
meanings as are assigned to those terms in the Declaration.
IN WITNESS WHEREOF, the undersigned have executed this instrument as of
the date first written above.
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Xxxxx X. Xxxxxx,
as Trustee and not individually
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Xxxxx X. Xxxx,
as Trustee and not individually
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Xxxxxxx Grip,
as Trustee and not individually
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Xxxx X. XxXxxxx,
as Trustee and not individually,
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Xxxx X. XxXxxxxxx
as Trustee and not individually,
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Xxxx X. Xxxxx
as Trustee and not individually,
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Xxxxxxx X. Xxxxx, Xx.
as Trustee and not individually,
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Xxxxxxx X. Xxxxxxxx
as Trustee and not individually,
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Xxxxxxx X. Xxxxxxx
as Trustee and not individually,
