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EXHIBIT 8(B)
Amendment Number 1 to Custody Agreement
This Amendment Number 1 to Custody Agreement is dated March 30, 1990
("Amendment") and is made by Pacific Horizon Funds, Inc., a Maryland corporation
(hereinafter called the "Fund"), and The Bank of New York, a New York
corporation authorized to do a banking business, having its principal office and
place of business at 00 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 (hereinafter
called the "Custodian").
W I T N E S S E T H :
WHEREAS, the Fund and the Custodian have executed a Custody Agreement
dated as of April 3, 1989 (referred to as the "Agreement"); and
WHEREAS, the Fund and the Custodian desire to make the following
amendment to the Agreement contained herein.
NOW, THEREFORE, in consideration of the premises and of the mutual
agreements herein contained, the Custodian and the Fund do hereby covenant to
and agree as follows:
1) Article XIV of the Agreement is hereby clarified by adding after the
phrase "with respect to a Series" in the first sentence of paragraph 1 of the
following: "including any indebtedness to the Custodian under the Fund's Cash
Management and Related Services Agreement."
2) The parties agree that in the case of any conflict between the terms
of this Amendment and the Agreement, the terms of this Amendment shall prevail.
THE BANK OF NEW YORK
By /s/ Xxxxxxxxx Xxxxxxxxx
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Attest:
/s/ S. Grunston
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PACIFIC HORIZON FUNDS, INC.
By /s/ Xxxxxx X. Xxxxxxx
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Attest:
/s/ W. Xxxxx XxXxxxxx, III
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