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EXHIBIT 23(g)(1)
FORM OF SUPPLEMENT TO CUSTODY AGREEMENT
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May 7, 2002
CNI Charter Funds
Xxx Xxxxxxx Xxxxxx Xxxxx
Xxxx, Xxxxxxxxxxxx 00000
Ladies and Gentlemen:
This letter agreement supplements the Custodian Agreement between First Union
National Bank ("First Union") and CNI Charter Funds (the "Trust"), dated March
23, 1999 (the "Agreement"). Each of the undersigned hereby covenants and agrees
as follows:
CONFIDENTIALITY
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All books, records, information and data pertaining to the business of the
Trust, including but not limited to names and addresses of "customers" or
"consumers" (as those terms are defined in Regulation S-P), which are exchanged
or received hereunder shall be kept confidential and shall not be used or
voluntarily disclosed to any other person, except as may be permitted hereunder
or required by law. This provision shall not apply to information lawfully in
the possession of First Union prior to the term hereof, lawfully obtained from
other sources or independently developed by First Union without reference to or
reliance on information obtained from the Trust.
If, in accordance with U.S. Securities and Exchange Commission ("SEC")
Regulation S-P, "non-public personal information" (as this term is defined in
Regulation S-P) regarding the Trust's customers or consumers is disclosed to
First Union in connection with the Agreement, then First Union will not disclose
or use that information other than as strictly and absolutely necessary to carry
out the purposes of the Agreement. This paragraph shall survive the termination
of the Agreement.
FIRST UNION NATIONAL BANK CNI CHARTER FUNDS
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By: By:
Title: Title:
