Exhibit 9(d)
AMENDMENT OF THE ADMINISTRATION AGREEMENT -
DATED 5/31/85
This Amendment of the Administration Agreement ("Amendment") and of the
Amendment of the Amendment of the Administration Agreement ("Amendment"), made
this 29th day of May, 1987, by and between XXXXXXXX MONTHLY DIVIDEND SHARES,
INC. ("Fund"), and FUND/PLAN SERVICES, INC. ("Fund/Plan"), a wholly owned
subsidiary of FinDaTex, Inc., a Pennsylvania Corporation.
WITNESSETH:
NOW THEREFORE, in consideration of the premises and conditions contained
herein, the parties hereto, with intent to be legally bound hereby agree as
follows:
Fund/Plan is authorized to make payment upon redemption of unissued shares
without a signature guarantee only where the following conditions exist:
1) Payee of the check is the same as the shareholder registration as
contained in the Transfer Agent's records; and
2) The mailing address for the check is the same planholder's address as
contained in the Transfer Agent's records; and
3) The redemption amount does not exceed $4,999.99.
The Fund hereby agrees to indemnify and hold Fund/Plan, its successors and
assigns, harmless of and from any and all expenses, damages, claims, suits,
liabilities, actions, demands, and losses whatsoever arising out of or in
connection with a payment by Fund/Plan upon redemption of Shares without a
signature guarantee with the exception of the preceding three conditions and
upon the request of Fund/Plan, the Fund shall assume the entire defense of any
action, suit or claims subject to the foregoing indemnity, except as shall arise
due to the gross negligence or willful misconduct of Fund/Plan. Fund/Plan shall
notify the Fund of any such action, suit or claim within thirty (30) days after
receipt by Fund/Plan of notice thereof.
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IN-WITNESS WHEREOF, the parties have caused this Agreement to
be signed by their respective Presidents or Vice Presidents and their corporate
seals hereunto duly affixed and attested by their respective Secretaries or
Assistant Secretaries, as of the day and year first above written.
ATTEST: FUND/PLAN SERVICES, INC.
(Corporate Seal)
/s/J.K. Curtain /s/ X.X. Xxxxxxxxx Xx., President
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Corporate Secretary Title
ATTEST: XXXXXXXX MONTHLY DIVIDEND
SHARES, INC.
(Corporate Seal)
/s/ Xxxxxx X. Xxxxxxxx /s/ Xxxxx X. Xxxx, V. President
----------------------------------- -----------------------------------
Corporate Secretary Title
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