[GRAPHIC: ACCOLADE FUNDS LOGO AND LETTERHEAD]
ACCOLADE FUNDS
Bonnel Growth Fund
MegaTrends Fund
Xxxxxx Xxx Global Opportunity Fund
December 4, 1996
United Shareholder Services, Inc.
0000 Xxxxxxxxx Xxxx
Xxx Xxxxxxx, XX 00000
Gentlemen:
Pursuant to the EFFECTIVE DATE Section of the Lockbox Service Agreement dated
September 21, 1994, between Accolade Fund (the "Trust") and United Shareholder
Services, Inc. (the "Transfer Agent"), please be advised that the Trust has
established two new series of its shares, namely the MegaTrends Fund and the
Xxxxxx Xxx Global Opportunity Fund, and be further advised that the Trust
desires to retain the Transfer Agent to render services under the Lockbox
Service Agreement to these Funds at the fee stated in Exhibit A of the Lockbox
Service Agreement.
NAME OF FUND: XXXXXX XXX GLOBAL OPPORTUNITY FUND
DATE SUBJECT TO AGREEMENT: .................., 1996
Please state below whether you are willing to render such services.
ACCOLADE FUNDS
Attest: By:
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XXXXXX X. XXXX, SECRETARY XXXXX X. XXXXXX, PRESIDENT
Date:
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................................................................................
We are willing to render services to the Leeb Value Fund and the Xxxxxx Xxx
Global Opportunity Fund at the fee stated in Exhibit A of the Lockbox Service
Agreement.
UNITED SHAREHOLDER SERVICES, INC.
Attest: By:
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XXXXX X. XX XXX, SECRETARY XXXXX X. XXXXXX, PRESIDENT
Date:
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7900 Xxxxxxxxx Road
Mail Address: P.O. Box 781234, San Antonio, TX 78278-1234
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