LIBERTY-XXXXX XXX FUNDS INVESMENT TRUST
Assumption And Release Agreement
AGREEMENT, made as of December 31, 2000, among LIBERTY-XXXXX XXX FUNDS
INVESTMENT TRUST, a business trust organized under the laws of The Commonwealth
of Massachusetts (the "Trust"), XXXXX XXX & XXXXXXX INCORPORATED, a Delaware
corporation ("Old SRF"), XXXXX XXX HOLDINGS LIMITED, a Delaware corporation
("Xxxxx Xxx Holdings"), and NEWPORT PACIFIC MANAGEMENT, INC., a California
corporation ("Newport").
WHEREAS, Old SRF provides various services to various series of the
Trust pursuant to the agreements listed on Appendix I;
WHEREAS, in connection with a reorganization of its subsidiaries,
Liberty Financial Companies, Inc., the indirect parent of both Old SRF and Xxxxx
Xxx Holdings, has created Xxxxx Xxx Holdings to succeed to the business of Old
SRF, which will be merged out of existence in the reorganization;
WHEREAS, upon the above mentioned merger, Xxxxx Xxx Holdings will be
renamed "Xxxxx Xxx & Xxxxxxx Incorporated" ("New SRF"); and
WHEREAS, the parties desire that New SRF assume the obligations and
benefits of Old SRF under each agreement listed on Appendix I.
NOW, THEREFORE, in consideration of the mutual covenants and agreements
of the parties hereto as herein set forth, the parties covenant and agree as
follows:
That, from and after the close of business on the date hereof, (i) New
SRF shall become a party to each agreement listed on Appendix I in place and
stead of Old SRF, and (ii) Old SRF shall be released from its obligations under
each agreement listed on Appendix I for all periods following the date of this
Agreement.
IN WITNESS WHEREOF, the parties hereto, intending to be legally bound
hereby, have executed and delivered this Agreement as of the date first written
above.
LIBERTY-XXXXX XXX FUNDS INVESTMENT TRUST
By:
/s/Xxxxxxx X. Xxxxxx
Name: Xxxxxxx X. Xxxxxx
Title: President
XXXXX XXX & FARNHAM INCORPORATED
By:
/s/Xxxxxx X. Xxxxxxx
Name: Xxxxxx X. Xxxxxxx
Title: Executive Vice President
XXXXX XXX HOLDINGS LIMITED
By:
/s/Xxxxxx X. Xxxxxxx
Name: Xxxxxx X. Xxxxxxx
Title: Executive Vice President
NEWPORT PACIFIC MANAGEMENT, INC.
By:
/s/Xxxxx Xxxxxxx
Name: Xxxxx Xxxxxxx
Title: Chief Operating Officer
Appendix I
Liberty-Xxxxx Xxx Funds Investment Trust
List of Agreements with Xxxxx Xxx & Xxxxxxx Incorporated
1. Management Agreement between Liberty-Xxxxx Xxx Funds Investment Trust
and Xxxxx Xxx & Xxxxxxx Incorporated, dated August 15, 1995 (as
amended).
2. Administrative Agreement between Liberty-Xxxxx Xxx Funds Investment
Trust and Xxxxx Xxx & Xxxxxxx Incorporated, dated August 15, 1995 (as
amended).
3. Amended and Restated Accounting and Bookkeeping Agreement between
Liberty-Xxxxx Xxx Funds Investment Trust and Xxxxx Xxx & Xxxxxxx
Incorporated, dated August 3, 1999 (as amended).
4. Sub-Advisory Agreement among Liberty-Xxxxx Xxx Funds Investment Trust,
with respect to Xxxxx Xxx Asia Pacific Fund, Xxxxx Xxx & Farnham
Incorporated, and Newport Pacific Management, Inc., dated August 3,
1999 (as amended).
