Exhibit 99(g)(iii)
FORM OF AMENDMENT NO. 2
To the
MASTER CUSTODIAN CONTRACT
Amendment, effective as of _______________, 2003, to the Master Custodian
Contract dated September 26, 2001, (the "Contract") among Each Registered
Investment Company Identified on Appendix A Hereto (each, a "Fund") and State
Street Bank and Trust Company (the "Custodian").
WHEREAS, the Custodian and the Funds wish to document recent changes, mergers,
and name changes for various series of each Fund under the Contract, as
reflected in a revised Appendix A;
WHEREAS, each registered investment company on Appendix A (each, a "Fund"), on
behalf of each of its series (each, a "Portfolio") as part of an Agreement and
Plan of Reorganization and Redomiciliation, ("Reorganization Plan") dated as of
February 11, 2003, will be reorganized into a new registered investment
company, Munder Series Trust (the "New Trust");
WHEREAS, under the Reorganization Plan, the assets of each Portfolio (except for
those terminated below) of the four Funds (St. Clair Funds, Inc., The Munder
Funds, Inc., The Munder Framlington Funds Trust, and The Munder Funds Trust)
shall be acquired by a corresponding Portfolio ("New Portfolio") of the New
Trust, and each New Portfolio shall assume all responsibilities and liabilities
of the corresponding Portfolio;
NOW THEREFORE, in consideration of the promises and covenants contained herein,
the Custodian and each Fund agree to amend the Contract as follows:
1. The following Portfolios under each appropriate Fund have been terminated
from the Contract, as of the dates shown:
St. Clair Funds, Inc.
Munder Institutional S & P 500 Index Equity Fund (October 1, 2002)
Munder Institutional Short Term Treasury Fund (May 7, 2002)
The Munder Funds, Inc.
Munder Digital Economy Fund (May 3, 2002)
Munder Money Market Fund (January 24, 2003)
Munder International NetNet Fund (May 3, 2002)
Munder Fund of Funds (April __, 2003)
Munder Bio(Tech)/2/ Fund (April 25, 2003)
Munder Large-Cap Growth Fund (April 25, 2003)
The Munder Framlington Funds Trust
Munder Framlington Global Financial Services Fund (May 3, 2002);
2. The New Trust hereby requests the Custodian, under Sections 18 and 19 of
the Contract, to render services for such Fund, Munder Series Trust, a Delaware
statutory trust, and each of its New Portfolios, and attaches a revised Appendix
A to this Amendment to reflect the name of the Trust and its Portfolios of the
date above.
IN WITNESS WHEREOF, the parties have caused this document to be executed by its
duly authorized officer below.
St. Clair Funds, Inc.
On behalf of its Portfolios
The Munder Funds, Inc.
On behalf of its Portfolios
The Munder Framlington Funds Trust
On behalf of its Portfolios
The Munder Funds Trust
On behalf of its Portfolios
Munder Series Trust
On behalf of its Portfolios
________________________________________
Name:
Title:
State Street Bank and Trust Company
________________________________________
Name: Xxxxxx X. Xxxxxx
Title: Executive Vice President
APPENDIX A
Dated April_____, 2003
TO
Master Custodian Agreement
of September 26, 2001
Investment Companies Registered with the SEC and Portfolios thereof, If Any
Munder Series Trust
Liquidity Plus Money Market Fund
Munder Balanced Fund
Munder Bond Fund
Munder Cash Investment Fund
Munder Emerging Markets Fund
Munder Future Technology Fund
Munder Healthcare Fund
Munder Index 500 Fund
Munder Institutional Government Money Market Fund
Munder Institutional Money Market Fund
Munder Intermediate Bond Fund
Munder International Bond Fund
Munder International Equity Fund
Munder International Growth Fund
Munder Large-Cap Value Fund
Munder Michigan Tax-Free Bond Fund
Munder Micro-Cap Equity Fund
Munder MidCap Select Fund
Munder Multi-Season Growth Fund
Munder NetNet Fund
Munder Power Plus Fund
Munder Real Estate Equity Investment Fund
Munder S&P MidCap Index Equity Fund
Munder S&P SmallCap Index Equity Fund
Munder Small Company Growth Fund
Munder Small-Cap Value Fund
Munder Tax-Free Bond Fund
Munder Tax-Free Money Market Fund
Munder Tax-Free Short-Intermediate Bond Fund
Munder U.S. Government Income Fund
Munder U.S. Treasury Money Market Fund