SUPERVISED SERVICE COMPANY INC.
Boston Chicago Kansas City
April 4, 1995
VIA AIRBORNE EXPRESS
Bull & Bear Special Equities Funds, Inc.
Attn: Xxxxxx X. Xxxxxxx
00 Xxxxxxx Xxxxxx
Xxx Xxxx, XX 00000
Dear Xx. Xxxxxxx:
As we have advised you, Supervised Service Company, Inc. (SSC) has entered an
agreement to sell substantially all of its assets, including its mutual fund
transfer agency business to DST Systems, Inc. (DST). DST has agreed to assume
and perform all of SSC's obligations under the Transfer Agency Agreement between
BULL & BEAR SPECIAL EQUITIES FUNDS, INC. and SSC dated August 30, 1994, (the
"Agreement"). All of the terms and conditions of your agreement including the
fee schedule, will remain in effect in accordance with the terms of the
Agreement.
We believe this transaction will ensure continued excellent service to you and
your shareholders. Please indicate your consent to the assignment of your
agreement to DST by executing and returning the enclosed copy of this letter in
the return Airborne Express envelope provided.
We would appreciate your prompt response. If you have questions, please contact
either of us at the numbers indicated below.
Supervised Service Company, Inc. DST Systems, Inc.
By: By:
Xxxxxx X. Xxxxxxxxx Xxxxxx X. XxXxxxxxxx
(000) 000-0000 (000) 000-0000
BULL & BEAR SPECIAL EQUITIES FUND, INC. hereby
consents to the assignment of the Agreement
to DST Systems, Inc. as described above.
By
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