FIRST AMENDMENT TO THE CUSTODY AGREEMENT
FIRST AMENDMENT TO THE CUSTODY AGREEMENT
THIS FIRST AMENDMENT dated as of August 19, 2016 to the Custody Agreement, dated as of May 17, 2013, (the "Agreement"), is entered into by and between SCM TRUST, f/k/a the XXXXXXX GREATER CHINA FUND, a Massachusetts business trust, (the "Trust") and U.S. BANK NATIONAL ASSOCIATION, a national banking association (the. "Custodian'').
RECITALS
WHEREAS, the parties have entered into a Custody Agreement; and
WHEREAS, the Trust and the Custodian desire to amend the Agreement to show the name change of the Xxxxxxx Greater China Fund to SCM Trust; and
WHEREAS, Article 15.02 of the Agreement allows for its amendment by a written instrument executed by both parties.
NOW, THEREFORE, the parties agree as follows:
Effective May 4, 2016, the Xxxxxxx Greater China Fund became known as the SCM Trust. Accordingly, all references to the Xxxxxxx Greater China Fund are replaced with the SCM Trust.
Except to the extent amended hereby, the Agreement shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this First Amendment to be executed by a duly authorized officer on one or more counterparts as of the date and year first written above.
| SCM TRUST |
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U.S. BANK NATIONAL ASSOCIATION | |||
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| By: | /s/ Xxxxxx Xxxxxxx | By: | /s/ Xxxxxxx XxXxx | ||
| Printed Name: Xxxxxx Xxxxxxx | Printed Name: Xxxxxxx XxXxx | ||||
| Title: Chief Compliance Officer |
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Title: Senior Vice President | |||
8/2016
