AMENDMENT TO ADMINISTRATION AGREEMENT
AGREEMENT, dated as of ________________, 1999, by and between THE
XXXXXXXX GLOBAL EQUITY FUND (the "Trust"), a Delaware Business trust, and
INVESTMENT COMPANY ADMINISTRATION LIMITED LIABILITY COMPANY (the
"Administrator"), a Delaware corporation.
WHEREAS, the Trust and the Administrator entered into an Administration
Agreement dated as of May 30, 1997 (the "Administration Agreement"); and
WHEREAS, the Trust and the Administrator desire to amend the
Administration Agreement as set forth below.
NOW, THEREFORE, in consideration of the premises and of the mutual
covenants and agreements herein set forth, the parties hereto agree as follows:
7. Compensation. As compensation for services rendered by the
Administrator during the term of this Agreement, the Trust will
cause the Fund to pay to the Administrator a monthly fee at the
annual rate of 0.10% of average daily net assets.
IN WITNESS WHEREOF, each party hereto has caused this Agreement to be
executed by its duly authorized officer as of the date and year first above
written.
INVESTMENT COMPANY ADMINISTRATION LIMITED LIABILITY COMPANY
By: ____________________________________________________________________________
Name: __________________________________________________________________________
Title: ________________________________________________________________________
THE XXXXXXXX GLOBAL EQUITY FUND
By: ____________________________________________________________________________
Name: __________________________________________________________________________
Title: ________________________________________________________________________
