FORM OF
NORTHERN FUNDS
ADDENDUM NO. 14 TO THE TRANSFER AGENCY AGREEMENT
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This Addendum, dated as of the _____ day of __________________, 2001, is
entered into between NORTHERN FUNDS (the "Trust"), a Delaware business trust,
and THE NORTHERN TRUST COMPANY, an Illinois state bank (the "Transfer Agent").
WHEREAS, the Trust and the Transfer Agent have entered into a Transfer
Agency Agreement dated as of April 1, 1994 as amended by Addendum No. 1 dated
November 29, 1994, by Addendum No. 2 dated March 29, 1996, by Addendum No. 3
dated August 7, 1996, by Addendum No. 4 dated March 24, 1997, by Addendum No. 5
dated February 12, 1997, by Addendum No. 6 dated November 18, 1997, Addendum No.
7 dated December 21, 1998, by Addendum No. 8 dated September 15, 1999, Addendum
No. 9 dated December 28, 1999, Xxxxxxxx Xx. 00 dated February 8, 2000, Xxxxxxxx
Xx. 00 dated July 31, 2000, Xxxxxxxx Xx. 00 dated August 1, 2000 and Xxxxxxxx
Xx. 00 dated August 1, 2000 (the "Transfer Agency Agreement") pursuant to which
the Trust has appointed the Transfer Agent to act as transfer agent to the Trust
for the Money Market Fund, U.S. Government Money Market Fund, Municipal Money
Market Fund, U.S. Government Select Money Market Fund, California Municipal
Money Market Fund, U.S. Government Fund, Fixed Income Fund, Intermediate
Tax-Exempt Fund, Tax-Exempt Fund, Global Fixed Income Fund (formerly known as
the International Fixed Income Fund), Income Equity Fund, Growth Equity Fund,
Select Equity Fund, Small Cap Value Fund (formerly known as the Small Cap Fund),
International Growth Equity Fund, International Select Equity Fund, Technology
Fund, Stock Index Fund, Florida Intermediate Tax-Exempt Fund, Short-Intermediate
U.S. Government Fund, California Intermediate Tax-Exempt Fund, Arizona
Tax-Exempt Fund, California Tax-Exempt Fund, Small Cap Index Fund, Mid Cap
Growth Fund, High Yield Municipal Fund, High Yield Fixed Income Fund, Tax-Exempt
Money Market Fund, Small Cap Growth Fund, Blue Chip 20 Fund. Global
Communications Fund, Large Cap Value Fund and the Growth Opportunities Fund; and
WHEREAS, the Trust is establishing the Value Fund (the "Fund"), and the
Trust desires to retain the Transfer Agent under the terms of the Transfer
Agency Agreement to render transfer agency and other services with respect to
the Fund and the record and/or beneficial owners of the Fund, and the Transfer
Agent is willing to render such services.
NOW THEREFORE, the parties hereto, intending to be legally bound, hereby
agree as follows:
1. APPOINTMENT. The Trust hereby appoints the Transfer Agent as
transfer agent with respect to the Fund in accordance with the
terms set forth in the Transfer Agency Agreement, as amended to
date. The Transfer Agent hereby accepts such appointment and
agrees to render the services and perform the duties set forth in
the Transfer Agency Agreement for the compensation therein
provided.
2. CAPITALIZED TERMS. From and after the date hereof, the term
"Current Funds" as used in the Transfer Agency Agreement shall be
deemed to include the Fund. Capitalized terms used herein and not
otherwise defined shall have the meanings ascribed to them in the
Transfer Agency Agreement.
3. MISCELLANEOUS. The initial term of the Transfer Agency Agreement
with respect to the Fund shall continue, unless sooner terminated
in accordance with the Transfer Agency Agreement, until March 31,
2002. Except to the extent supplemented hereby, the Transfer
Agency Agreement, as amended to date, shall remain unchanged and
in full force and effect, and is hereby ratified and confirmed in
all respects as supplemented hereby.
IN WITNESS WHEREOF, the undersigned have executed this Addendum as of the
date and year first above written.
All signatures need not appear on the same copy of this Addendum.
NORTHERN FUNDS
Attest: By:
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Title:
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THE NORTHERN TRUST COMPANY
Attest: By:
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Title:
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