AMENDMENT NO. 1 TO CUSTODY AGREEMENT
THIS AMENDMENT NO. 1 TO CUSTODY AGREEMENT is made as of the 25th day of
January, 1996, by and among UMB BANK, N.A., a national banking association
("Custodian"), INVESTORS RESEARCH CORPORATION ("IRC"), and each of the
registered investment companies that have executed this Amendment below (each,
individually referred to as a "Fund Company" and collectively referred to as the
"Fund Companies"). Capitalized terms not otherwise defined herein shall have the
meaning ascribed to them in the Custody Agreement (defined below).
RECITALS
WHEREAS, Custodian, Investors Research and the Fund Companies (other
than Twentieth Century Strategic Asset Allocations, Inc. ("TCSAA")) are parties
to a certain Custody Agreement dated September 12, 1995 (the "Custody
Agreement"); and
WHEREAS, Custodian, Investors Research and the Fund Companies now
desire to amend the Custody Agreement to add TCSAA as a party thereto;
NOW, THEREFORE, in consideration of the mutual promises set forth
herein, the parties hereto agree as follows:
1. Appendix B to the Custody Agreement is hereby amended by deleting
the text thereof in its entirety and inserting in lieu therefor the Appendix B
attached hereto.
2. After the date hereof, all references to the "Custody Agreement"
shall be deemed to mean the Custody Agreement, as amended by this Amendment No.
1.
3. In the event of a conflict between the terms of this Amendment No. 1
and the Custody Agreement, it is the intention of the parties that the terms of
this Amendment No. 1 shall control and the Custody Agreement shall be
interpreted on that basis. To the extent the provisions of the Custody
Agreement have not been amended by this Amendment No. 1, the parties hereby
confirm and ratify the Custody Agreement.
4. This Amendment No. 1 may be executed in two or more counterparts,
each of which shall be an original and all of which together shall constitute
one instrument.
IN WITNESS WHEREOF, the undersigned have executed this Amendment No. 1
as of the date first above written.
UMB BANK, N.A. INVESTORS RESEARCH CORPORATION
By: /s/Xxxxx Xxxx By: /s/Xxxxxxx X. Xxxxx
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Name: Xxxxx Xxxx Xxxxxxx X. Xxxxx
Title: Senior Vice President Executive Vice President
TWENTIETH CENTURY INVESTORS, INC.
TWENTIETH CENTURY WORLD INVESTORS, INC.
TWENTIETH CENTURY PREMIUM RESERVES, INC.
TWENTIETH CENTURY CAPITAL PORTFOLIOS, INC.
TWENTIETH CENTURY STRATEGIC ASSET
ALLOCATIONS, INC.
By: /s/Xxxxxxx X. Xxxxx
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Xxxxxxx X. Xxxxx
Executive Vice President of each