Exhibit (h)(12)
NORTHERN INSTITUTIONAL FUNDS
ADDENDUM NO. 7 TO THE REVISED
AND RESTATED TRANSFER AGENCY AGREEMENT
This Addendum, dated as of the 5th day of October, 1999 is
entered into between Northern Institutional Funds (the "Trust"), a Delaware
business trust, and THE NORTHERN TRUST COMPANY, an Illinois state bank (the
"Transfer Agent").
WHEREAS, the Trust and the Transfer Agent have entered into a
Revised and Restated Transfer Agency Agreement dated as of January 8, 1993,
Addendum No. 1 dated July 1, 1993, Addendum No. 2 dated March 25, 1994, Addendum
No. 3 dated January 22, 1997, Addendum No. 4 dated April 22, 1997, Addendum No.
5, dated January 27, 1998 and Addendum No. 6, dated March 31, 1998, (the
"Transfer Agency Agreement"), pursuant to which the Trust appointed the Transfer
Agent to act as transfer agent with respect to each Class of shares in the
Diversified Assets Portfolio, Government Portfolio, Tax-Exempt Portfolio,
Government Select Portfolio, Global Asset Portfolio, Equity Index Portfolio,
Small Company Index Portfolio, Diversified Growth Portfolio, Focused Growth
Portfolio, U.S. Treasury Index Portfolio, U.S. Government Securities Portfolio,
Short-Intermediate Bond Portfolio, Bond Portfolio, Intermediate Bond Portfolio,
Balanced Portfolio, International Growth Portfolio, International Bond Portfolio
and International Equity Index Portfolio;
WHEREAS, the Trust is establishing the Small Company Growth
Portfolio, Municipal Portfolio, Mid Cap Growth Portfolio and the MarketPower
Portfolio, (the "Portfolios"), and it desires to retain the Transfer Agent to
render transfer agency and other services with respect to the Portfolios and
each Class of shares within the Portfolios and the record and/or beneficial
owners thereof, and the Transfer Agent is willing to render such services;
NOW THEREFORE, the parties hereto, intending to be legally
bound, hereby agree as follows:
1. Appointment. The Trust hereby appoints the Transfer
Agent as transfer agent with respect to the
Portfolios on the terms and for the periods set forth
in the Transfer Agency Agreement. The Transfer Agent
hereby accepts such appointment and agrees to render
the services and perform the duties set forth in the
Transfer Agency Agreement for the compensation
therein provided.
2. Capitalized Terms. From and after the date hereof, the term "Current
Portfolios" as used in the Transfer Agency Agreement shall be deemed to include
the Small Company Growth Portfolio, Municipal Portfolio, Mid Cap Growth
Portfolio and the Market Power Portfolio. Capitalized terms used herein and not
otherwise defined shall have the meanings ascribed to them in the Transfer
Agency Agreement. 3. Miscellaneous. Except to the extent supplemented hereby,
the Transfer Agency Agreement shall remain unchanged and in full force and
effect, and is hereby ratified and confirmed in all respects as supplemented
hereby.
IN WITNESS WHEREOF, the undersigned have executed this
Addendum as of the day and year first above written.
NORTHERN INSTITUTIONAL FUNDS
Attest: By:
Name:
Title:
THE NORTHERN TRUST COMPANY
Attest: By:
Name:
[SEAL] Title:
