ADDENDUM TO CUSTODIAN AGREEMENT
The Custodian Agreement ("Agreement") between The GCG Trust (the
"Trust"), a Massachusetts business trust having its principal place of business
at 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, and Bankers Trust Company (the
"Custodian"), a New York banking corporation having its principal place of
business at 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, dated March 2, 1992, and
amended by Addenda among the Trust, Directed Services, Inc., and the Custodian
dated October 1, 1993 and November 7, 1994, is hereby amended by the addition of
the provisions set forth in this Addendum to the Agreement, entered into by the
Trust, Directed Services, Inc., and Bankers Trust Company, which is made this
29th day of December, 1995.
WITNESSETH:
WHEREAS, the Trust is authorized to issue separate Series, each of
which will offer a separate class of shares of beneficial interest, each Series
having its own investment objective or objectives, policies, or limitations; and
WHEREAS, the Trust currently offers shares in multiple Series, may
offer shares of additional Series in the future, and intends to offer shares of
additional Series in the future; and
WHEREAS, pursuant to a Management Agreement, effective as of October
1, 1993, the Trust has retained Directed Services, Inc. (the "Manager") to
render advisory, management, administrative, and other services necessary for
the ordinary operation of many of the Trust's Series; and
WHEREAS, the Trust has appointed Bankers Trust Company to serve as
Custodian for one or more Series of the Trust under the terms and conditions set
forth in the Custodian Agreement dated March 2, 1992; and
WHEREAS, the Trust, the Manager, and the Custodian have agreed to
amend the Custodian Agreement.
NOW THEREFORE, in consideration of the mutual promises and covenants
contained in this Addendum, it is agreed between the parties hereto as follows:
In addition to its responsibilities as specified in the
Agreement, the Trust hereby constitutes and appoints Bankers Trust
Company as Custodian with respect to the Small Cap Series, which,
together with all other Series previously established by the Trust,
shall be Series under the Agreement as provided in Paragraph 1 of the
Agreement and Appendix A thereto.
IN WITNESS WHEREOF, the parties hereto have caused this Addendum to be
executed by their officers designated below on the date indicated above.
THE GCG TRUST
By:
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Attest
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Title Title
DIRECTED SERVICES, INC.
By:
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Attest
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Title Title
BANKERS TRUST COMPANY
By:
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Attest
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Title Title
