Exhibit 8(b)
XXXXXX BROTHERS FUNDS, INC.
AMENDMENT TO CUSTODY AGREEMENT
This Amendment to the Custody Agreement (the "Custody Agreement") dated
August 2, 1993 by and between Xxxxxx Brothers Funds, Inc. (the "Company") and
Boston Safe Deposit and Trust Company is entered into as of the 27th day of
January, 1994.
WHEREAS, the Company currently anticipates adding several new portfolios
to the Company's two existing portfolios, Daily Income Fund and Municipal
Income Fund (together, the "Existing Funds"); and
WHEREAS, the Custody Agreement makes reference to the Existing Funds
only;
NOW, THEREFORE, the parties hereto hereby agree to amend the Custody
Agreement as follows:
1. The phrase "on behalf of its Daily Income Fund and Municipal
Income Fund" contained in the first sentence of the introductory paragraph of
the Custody Agreement is hereby deleted and the phrase "on behalf of each
investment portfolio offered by the Company and to be offered by the Company"
is hereby substituted therefor.
2. Paragraph (a) of Section 16 of the Custody Agreement is hereby
deleted in its entirety and the following paragraph is substituted therefor:
"(a) This Agreement will become effective with respect to a
series of the Company as of the day on which such series commences its
investment operations and shall remain in force unless terminated pursuant to
the provisions of subparagraph (b) of this Section 16."
3. All other terms and conditions of the Custody Agreement shall
remain in full force and effect.
* * * * * * * * *
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed on the date set forth above.
XXXXXX BROTHERS FUNDS, INC.
By: /s/ Xxxxxxx X. Xxxxxxxx
Name: Xxxxxxx X. Xxxxxxxx
Title: Chairman of the Board
BOSTON SAFE DEPOSIT AND TRUST COMPANY
By: /s/ Xxxxxx X. Xxxxxxxx
Name: Xxxxxx X. Xxxxxxxx
Title: Vice President
SHARED\GLOBAL\LEHMBROS\AGRMTS\AMENCUST.DOC
