EXHIBIT (g)(2)
AMENDMENT TO CUSTODIAN SERVICES AGREEMENT
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This Amendment dated as of June 17, 2003 hereby amends the Custodian
Services Agreement dated as of April 30, 2003 by and between KELMOORE STRATEGIC
TRUST (the "Fund") and PFPC TRUST COMPANY ("PFPC Trust") (the "Agreement").
WHEREAS, the Fund and PFPC Trust hereby agree to amend the Agreement; and
NOW, THEREFORE, the parties hereto, intending to be legally bound, hereby
agree as follows:
1. Section 14(e) of the Agreement is hereby deleted in its entirety and
replaced with the following:
(e) Each party shall have a duty to mitigate damages for which the
other party may become responsible; such damages are subject to
the limits and terms set forth in paragraph (c) above.
All other terms and conditions of the Agreement remain in full force and
effect.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed as of the month, day and year first above written.
PFPC TRUST COMPANY
By: /s/ Xxxxxx X. Xxxxx III
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Name: Xxxxxx X. Xxxxx III
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Title: Vice President
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KELMOORE STRATEGIC TRUST
By: /s/ Xxxxx Xxxxxxx
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Name: Xxxxxx Xxxxxxx
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Title: Secretary
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