SUPPLEMENT TO INVESTMENT ADVISORY AGREEMENT
OF
XXXXXX XXXXXXX FUND, INC.
(XXXXXX XXXXXXX U.S. REAL ESTATE FUND)
Supplement dated as of April 22, 1996 (the "Supplement") to Investment
Advisory Agreement (the "Agreement") between Xxxxxx Xxxxxxx Fund, Inc. (the
"Fund") and Xxxxxx Xxxxxxx Asset Management Inc. (the "Adviser").
RECITALS
The Fund has executed and delivered the Agreement, dated as of November 17,
1992, between the Fund and the Adviser. The Agreement sets forth the rights and
obligations of the parties with respect to the management of the investment
funds of the Fund. The Fund has created an additional investment fund: the
Xxxxxx Xxxxxxx U.S. Real Estate Fund (the "Real Estate Fund").
AGREEMENTS
NOW, THEREFORE, the parties agree as follows:
The percentage rate in Paragraph 3 of the Agreement will be 1.00% with
respect to the Xxxxxx Xxxxxxx U.S. Real Estate Fund.
This Supplement 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 Supplement as of the 22nd day
of April, 1996.
XXXXXX XXXXXXX ASSET
MANAGEMENT INC.
By: /s/ Xxxxxx X. Xxxxx
--------------------
Name: Xxxxxx X. Xxxxx
Title: Principal
XXXXXX XXXXXXX FUND, INC.
By: /s/ Xxxxxx X. Xxxxx
--------------------
Name: Xxxxxx X. Xxxxx
Title: President
SUPPLEMENT TO INVESTMENT ADVISORY AGREEMENT
OF
XXXXXX XXXXXXX FUND, INC.
(XXXXXX XXXXXXX HIGH YIELD FUND)
Supplement dated as of April 22, 1996 (the "Supplement") to Investment
Advisory Agreement (the "Agreement") between Xxxxxx Xxxxxxx Fund, Inc. (the
"Fund") and Xxxxxx Xxxxxxx Asset Management Inc. (the "Adviser").
RECITALS
The Fund has executed and delivered the Agreement, dated as of November 17,
1992, between the Fund and the Adviser. The Agreement sets forth the rights and
obligations of the parties with respect to the management of the investment
funds of the Fund. The Fund has created an additional investment fund: the
Xxxxxx Xxxxxxx High Yield Fund (the "High Yield Fund").
AGREEMENTS
NOW, THEREFORE, the parties agree as follows:
The percentage rate in Paragraph 3 of the Agreement will be 0.75% with
respect to the Xxxxxx Xxxxxxx High Yield Fund.
This Supplement 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 Supplement as of the 22nd day
of April, 1996.
XXXXXX XXXXXXX ASSET
MANAGEMENT INC.
By: /s/ Xxxxxx X. Xxxxx
--------------------
Name: Xxxxxx X. Xxxxx
Title: Principal
XXXXXX XXXXXXX FUND, INC.
By: /s/ Xxxxxx X. Xxxxx
--------------------
Name: Xxxxxx X. Xxxxx
Title: President
