XXXXXX XXXXXXX INSTITUTIONAL FUND, INC.
FORM OF
SUPPLEMENT TO INVESTMENT ADVISORY AGREEMENT
ASIAN REAL ESTATE PORTFOLIO
EUROPEAN REAL ESTATE PORTFOLIO
SUPPLEMENT TO INVESTMENT ADVISORY AGREEMENT (the "Agreement") dated as
of October 1, 1988 between Xxxxxx Xxxxxxx Institutional Fund, Inc. (the "Fund")
and Xxxxxx Xxxxxxx Asset Management Inc. (the "Adviser").
RECITALS
The Fund has executed and delivered the Investment Advisory Agreement,
dated as of October 1, 1988 (the "Agreement"), between the Fund and the Adviser.
The Agreement sets forth the rights and obligation of the parties with respect
to the management of the Portfolios of the Fund. The Fund has created two
additional portfolios: the Asian Real Estate and European Real Estate
Portfolios (the "Additional Portfolios").
AGREEMENTS
Now, therefore, the parties agree as follows:
The percentage rate in Paragraph 3 of the Agreement with respect to
the Additional Portfolios will be as set forth below:
Portfolio Percentage Rate
--------- ---------------
Asian Real Estate Portfolio 0.80%
European Real Estate Portfolio 0.80%
This Agreement may be executed in any number of counterparts, each of
which so executed shall be deemed to be an original, but all such counterparts
shall together constitute but one and the same instrument.
The parties listed below have executed this Agreement as of the __ day
of _______________, 199 .
XXXXXX XXXXXXX ASSET
MANAGEMENT INC.
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Name:
Title:
XXXXXX XXXXXXX INSTITUTIONAL
FUND, INC.
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Name:
Title:
