AMENDMENT TO CUSTODY AGREEMENT
THIS AMENDMENT TO THE CUSTODY AGREEMENT is made as of
October 16, 2006, by and between INSTITUTIONAL DAILY INCOME FUND, a
Massachusetts business trust (the "Fund"), and THE BANK OF NEW YORK, who serves
as custodian for the Fund, shall be as follows:
W I T N E S S E T H:
WHEREAS, the Fund and The Bank of New York are parties to a
Custody Agreement dated as of April 26, 2001 (the "Custody Agreement"), pursuant
to which The Bank of New York serves as the custodian for the Fund's portfolio;
and
WHEREAS, the Fund and The Bank of New York desires to amend
the Custody Agreement to render such custodial services to the U.S. Government
Portfolio of the Fund; and
WHEREAS, the Custody Agreement, as expressly amended hereby,
shall continue in full force and effect.
NOW, THEREFORE, the parties hereby amend Exhibit A of the
Custody Agreement to read in its entirety as follows:
EXHIBIT A
FUND TAX ID SIC(1) ADDRESS
California Daily Tax Free Income Fund, Inc. 00-0000000 MD
Connecticut Daily Tax Free Income Fund, Inc. 00-0000000 MD
Delafield Fund, Inc. 00-0000000 MD
Florida Municipal Income Fund, Inc. 00-0000000 MA BT(2)
Institutional Daily Income Fund
U.S. Treasury Portfolio
Money Market Portfolio
Municipal Portfolio
U.S. Government Portfolio
New Jersey Daily Municipal Income Fund, Inc. 00-0000000 MD
New York Daily Tax Free Income Fund, Inc. 00-0000000 MD
Pax World Money Market Fund, Inc. 00-0000000 MD
Tax Exempt Proceeds Fund, Inc. 00-0000000 MD
OFFSHORE FUNDS:
Daily Dollar International, Ltd. N/A BVI Corp.
U.S. Dollar Floating Rate Fund, Ltd. N/A BVI Corp.
Daily Dollar International II, Ltd. N/A Cayman Islands
Exempted
Company
--------------------
(1) SIC: State of Incorporation
(2) MA BT: Massachusetts Business Trust
IN WITNESS WHEREOF, the parties hereto have executed this
AMENDMENT TO CUSTODY AGREEMENT as of the day and year first above written.
INSTITUTIONAL DAILY INCOME FUND
By:/s/Xxxxxxx Xxxxxxx
Name:Xxxxxxx Xxxxxxx
Title:Secretary
THE BANK OF NEW YORK
By:/s/Xxxxxxx Xx Xxxxxxx
Name:Xxxxxxx Xx Xxxxxxx
Title:Executive Vice President
and Chief Compliance
Officer