Exhibit (h)(10)
NORTHERN FUNDS
ADDENDUM NO. 9 TO THE TRANSFER AGENCY AGREEMENT
-----------------------------------------------
This Addendum, dated as of the 28th day of December, 1999, is
entered into between NORTHERN FUNDS (the "Trust"), a Massachusetts 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 Transfer
Agency Agreement dated as of April 1, 1994 as amended by Addendum No. 1 dated
November 29, 1994, by Addendum No. 2 dated March 29, 1996, by Addendum No. 3
dated August 7, 1996, by Addendum No. 4 dated March 24, 1997, by Addendum No. 5
dated February 12, 1997, by Addendum No. 6 dated November 18, 1997, Addendum
No. 7 dated December 21, 1998 and by Addendum No. 8 dated September 15, 1999
(the "Transfer Agency Agreement") pursuant to which the Trust has appointed the
Transfer Agent to act as transfer agent to the Trust for the Money Market Fund,
U.S. Government Money Market Fund, Municipal Money Market Fund, U.S. Government
Select Money Market Fund, California Municipal Money Market Fund, U.S.
Government Fund, Fixed Income Fund, Intermediate Tax-Exempt Fund, Tax-Exempt
Fund, International Fixed Income Fund, Income Equity Fund, Growth Equity Fund,
Select Equity Fund, Small Cap Fund, International Growth Equity Fund,
International Select Equity Fund, Technology Fund, Stock Index Fund, Florida
Intermediate Tax-Exempt Fund, Short-Intermediate U.S. Government Fund,
California Intermediate Tax-Exempt Fund, Arizona Tax-Exempt Fund, California
Tax-Exempt Fund, Small Cap Index Fund, Mid Cap Growth Fund, High Yield Municipal
Fund, High Yield Fixed Income Fund, Tax-Exempt Money Market Fund and the Small
Cap Growth Fund; and
WHEREAS, the Trust is establishing the MarketPower Fund (the "Fund"), and
the Trust desires to retain the Transfer Agent under the terms of the Transfer
Agency Agreement to render transfer agency and other services with respect to
the Fund and the record and/or beneficial owners of the Fund, 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 Fund in accordance with the terms
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
-----------------
Funds" as used in the Transfer Agency Agreement shall be deemed to
include the Fund. Capitalized terms used herein and not otherwise
defined shall have the meanings ascribed to them in the Transfer
Agency Agreement.
3. Miscellaneous. The initial term of the Transfer Agency Agreement with
-------------
respect to the Fund shall continue, unless sooner terminated in
accordance with the Transfer Agency Agreement, until March 31, 2000.
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
date and year first above written.
All signatures need not appear on the same copy of this Addendum.
NORTHERN FUNDS
Attest: By: /s/ Jylanne X. Xxxxx
-----------------------
Title: President
--------------------
THE NORTHERN TRUST COMPANY
Attest: /s/ Xxxxx Xxxxxxxx By: /s/ Xxxxxxxxx X. Xxxx
--------------- -----------------------
Title: Vice President
--------------------
