AMENDMENT TO SHAREHOLDER SERVICING AGREEMENT
THIS AMENDMENT TO SHAREHOLDER SERVICING AGREEMENT is made as
of April 17, 2003, by and between CALIFORNIA DAILY TAX FREE INCOME FUND, INC., a
Maryland corporation (the "Fund"), on behalf of the CIBC World Markets
California Tax Exempt Fund Class Shares ("CIBC Shares"), and XXXXX & XXXX
DISTRIBUTORS, INC. (the "Distributor").
W I T N E S S E T H:
WHEREAS, the Fund and the Distributor are parties to that
certain Shareholder Servicing Agreement, dated as of July 25, 2002 (the
"Shareholder Servicing Agreement"), pursuant to which the Distributor serves as
shareholder serving agent for the CIBC shares of the Fund; and
WHEREAS, the Fund and the Distributor desire to amend the
Shareholder Servicing Agreement to modify the term of the Shareholder Servicing
Agreement.
NOW, THEREFORE, the parties hereby agree as follows:
1. Paragraph 6 of the Shareholder Servicing Agreement is
hereby amended by modifying the annual expiration date to September 30 of each
successive contract year (each twelve-month period computed from October 1); and
2. The Shareholder Servicing Agreement, as expressly amended
hereby, shall continue in full force and effect.
IN WITNESS WHEREOF, the parties hereto have executed this
AMENDMENT TO SHAREHOLDER SERVICING AGREEMENT as of the day and year first above
written.
CALIFORNIA DAILY TAX FREE INCOME
FUND, INC.
By: /s/ Xxxxxxx Xxxxxxx
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Name: Xxxxxxx Xxxxxxx
Title:Secretary
XXXXX & TANG DISTRIBUTORS, INC.
By: /s/ Xxxxxxx Xx Xxxxxxx
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Name: Xxxxxxx Xx Xxxxxxx
Title:Executive Vice President and
Chief Financial Officer
