Exhibit (h)(1)(b)
AMENDMENT TO ADMINISTRATIVE AGREEMENT
Dated October 17, 2001
The Administrative Agreement by and between First Pacific
Mutual Fund, Inc., a Maryland corporation (the "Company"), for
the Hawaii Municipal Fund series and the Hawaii Intermediate Fund
series and First Pacific Capital Corporation, a Hawaii
corporation, is amended as follows:
FIRST: The Administrative Agreement is hereby amended
to change the name of First Pacific Capital Corporation to First
Pacific Corporation.
SECOND: The foregoing amendment to the Administrative
Agreement has been duly approved by at least a majority of the
entire Board of Directors of the Company. The amendment is
limited to changes expressly permitted to be made without action
of the shareholders.
THIRD: The Administrative Agreement Amendment will
become effective on October 17, 2001.
IN WITNESS WHEREOF, the parties hereto have caused this
instrument to be executed by their officers designated below as
of the day and year first written above.
FIRST PACIFIC MUTUAL FUND, INC.
By: /s/ Xxxxxxxx X.X. Xxx
Xxxxxxxx X.X. Xxx, President
[Corporate Seal]
Attest: /s/ Xxxx X. Xxxx
Xxxx X. Xxxx, Secretary
FIRST PACIFIC CORPORATION
By: /s/ Xxxxxxxx X.X. Xxx
Xxxxxxxx X.X. Xxx, President
[Corporate Seal]
Attest: /s/ Xxxx X. Xxxx
Xxxx X. Xxxx, Secretary