Exhibit 1(d)
TRUST FOR CREDIT UNIONS
AMENDMENT NO. 4 TO
AMENDED AND RESTATED AGREEMENT AND DECLARATION OF TRUST
-------------------------------------------------------
WHEREAS, Sections 4.1 and 7.3 of the Agreement and Declaration of Trust
dated September 24, 1987 as amended and restated through the date hereof (the
"Declaration"), of Trust for Credit Unions (the "Trust") provides that the
Declaration may be amended to establish and designate new Series of Units, and
may establish or liquidate a Series of Units or the Sub-Trust applicable to a
Series, by an instrument in writing executed by a majority of the Trustees of
the Trust;
NOW, THEREFORE, the undersigned, being a majority of the Trustees of the
Trust, (1) hereby amend the Declaration by designating and establishing four
additional Series of Units each to be known as "Target Maturity Portfolio (Feb
97)", "Target Maturity Portfolio (May 97)", "Target Maturity Portfolio (Aug 97)"
and "Target Maturity Portfolio (Nov 97)", the new Series to have the relative
rights and preferences set forth in Subsections (a) through (l) of Section 4.2
of the Declaration, provided that (a) all units of such Series shall be subject
to redemption by the Trust, and such Series and the Sub-Trusts applicable
thereto shall be abolished and liquidated at such time on or after February 18,
1997 for the Target Maturity Portfolio (Feb 97), May 15, 1997 for the Target
Maturity Portfolio (May 97), August 15, 1997 for the Target Maturity Portfolio
(Aug 97) and November 17, 1997 for the Target Maturity Portfolio (Nov 97) as
determined by the Board of Trustees of the Trust and (b) the redemption price
for units of a Series shall be subject to a redemption fee or other change, if
any, as may be fixed by the Trustees; (2) hereby further amend the Declaration
by abolishing and liquidating such Series at such time on or after February 18,
1997, May 15, 1997, August 15, 1997 and November 17, 1997, respectively, as
determined by the Board of Trustees of the Trust; and (3) hereby determine
pursuant to Section 7.3 of the Declaration that this Amendment No. 4 shall be
effective upon the execution of a certificate by a Trustee or officer of the
Trust to the effect that said amendment has been duly adopted.
Witness our hands this thirteenth day of December, 1993.
Xxxxxxx X. Xxxxxxxxx Xxxxxx X. Xxxxxx
-------------------- --------------------
Xxxxxxx X. Xxxxxxxxx Xxxxxx X. Xxxxxx
Xxxx X. Xxxxxxxxx Xxxxxxxx Xxxxxxx
-------------------- --------------------
Xxxx X. Xxxxxxxxx Xxxxxxxx Xxxxxxx
Xxxxx X. Xxxx Xxxxxxx X. Xxxxxx
-------------------- --------------------
Xxxxx X. Xxxx Xxxxxxx X. Xxxxxx
Xxxxx X. Xxxxxxxx Xxxx X. Xxxxx
-------------------- --------------------
Xxxxx X. Xxxxxxxx Xxxx X. Xxxxx
Xxxxxx X. Xxxx Xxxxxxx X. Xxxxxxxxx
-------------------- --------------------
Xxxxxx X. Xxxx Xxxxxxx X. Xxxxxxxxx
Xxxx X. Xxxxxxx
--------------------
Xxxx X. Xxxxxxx
STATE OF NEW YORK )
)
COUNTY OF NEW YORK )
Then personally appeared the above-mentioned Trustees and acknowledged this
instrument to be their free act and deed this 13 day of December, 1993.
Xxxxxxx X. Xxxx
---------------
Notary Public
My Commission Expires: Notary Public,
State of New York No. 00-0000000
Qualified in New York County
Commission Expires November 9, 1995
