Exhibit (g)(7)
SECOND AMENDMENT TO CUSTODIAN CONTRACT
This Amendment to the custody contract is made as of October 17, 2000,
by and between State Street Bank and Trust Company (the "Custodian") and Xxxxxxx
Money Market Trust (the "Fund"), on behalf of each of its Portfolios.
Capitalized terms used in this Amendment without definition shall have the
respective meanings given to such terms in the Custodian Contract referred to
below.
WHEREAS, the Fund and the Custodian entered into a Custodian Contract
dated August 7, 2000, (as amended from time to time, the "Custodian Contract");
and
WHEREAS, the Fund and the Custodian wish to amend the Custodian
Contract to enable the Fund to instruct the Custodian to pay out Fund moneys for
cash sweeps and interfund lending or borrowing transactions and also to
segregate collateral for interfund lending or borrowing transactions;
NOW, THEREFORE, in consideration of the foregoing and the mutual
promises and covenants contained herein and in the Custodian Contract, the
parties hereby agree to amend the Custodian Contract as follows:
1. Payment of Fund Moneys
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Upon receipt of Proper Instructions from the Fund on behalf of the
applicable Portfolio, which may be continuing instructions when deemed
appropriate by the parties, the Custodian shall pay out moneys of a
Portfolio in the following cases only:
In Section 2.7, subsection 7 is renumbered as subsection 9 and new
subsections 7 and 8 are added to the Custodian Contract as follows:
(7) in connection with a lending or borrowing transaction between the
Fund and an investment company advised by Xxxxxxx Xxxxxx Investments;
(8) in connection with a cash sweep arrangement; or
2. Segregated Account
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The following subsection is added:
In Section 2.12, subsection iv is renumbered as subsection v and new
subsection iv is added to the Custodian Contract as follows:
(iv) for the purpose of segregating securities or other assets of the
Fund in connection with a borrowing transaction between the Fund as
borrower and an investment company advised by Xxxxxxx Xxxxxx
Investments, and
IN WITNESS WHEREOF, each of the parties has caused this instrument to
be executed in its name and on its behalf by its duly authorized representative
as of the date written above.
XXXXXXX MONEY MARKET TRUST
By: /s/Xxxx Xxxxxxxx
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Its: Vice President
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STATE STREET BANK AND TRUST COMPANY
By: /s/Xxxxxx X. Xxxxx
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Its: Vice Chairman
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