Exhibit 8(i) under Form N-1A
Exhbit 10 under Item 601/Reg. X-X
XXXX SERVICES ADDENDUM, dated as of December 18, 1997 (this "Addendum"),
to the CUSTODIAN AGREEMENT (the "Agreement") between BANKERS TRUST COMPANY (the
"Custodian") and each of the following investment companies: BT Investment
Funds, BT Institutional Funds, BT Pyramid Mutual Funds, BT Advisor Funds, Cash
Management Portfolio, Treasury Money Portfolio, Tax Free Money Portfolio, NY Tax
Free Money Portfolio, International Equity Portfolio, Short/Intermediate U.S.
Government Securities Portfolio, Equity 500 Index Portfolio, Asset Management
Portfolio, Capital Appreciation Portfolio, Intermediate Tax Free Portfolio, and
BT Investment Portfolios.(each, an "Investment Company").
WHEREAS, the Custodian has revised the cash management services it
provides (as described in the attachments to this Addendum, which are
incorporated herein by reference), and the Custodian and each Investment Company
desire to confirm their understanding with respect to future and prior cash
services; NOW, THEREFORE, the Custodian and each Investment Company agree as
follows: 1. Until the Custodian receives Instructions to the contrary, the
Custodian will (a) hold with Subcustodians, in deposit accounts maintained for
the benefit of the Custodian's clients, all Cash received for the Account, (b)
credit such interest, if any, on Cash in the Account as the Custodian shall from
time to time determine and (c) receive compensation out of any amounts paid by
Subcustodians in respect of Cash in the Account. 2. Pursuant to procedures
described in the attachments or otherwise approved by an Investment Company or
its investment adviser, the Custodian may (on an overnight or other short-term
basis) move certain, or all, currencies of Cash in the Account from any
Subcustodian and place it, as deposits or otherwise, with one or more other
Subcustodians (including branches and affiliates of the Custodian). The
Custodian will notify the Investment Company of any placement procedures it
implements and will move Cash in accordance with such procedures until it
notifies the Investment Company otherwise or receives Instructions to the
contrary. The Custodian may credit interest and receive compensation as
described in 1 above with respect to any Cash moved. 3. Any actions by the
Custodian and an Investment Company previously taken in conformity with 1 and 2
above (including compensation retained by the Custodian for providing this
service) are approved and affirmed. 4. Capitalized terms used but not defined in
this Addendum are used with the respective meanings assigned to them in the
Agreement.
IN WITNESS WHEREOF, this Xxxxxxxx has been executed as of the day and year
first above written.
BANKERS TRUST COMPANY EACH INVESTMENT COMPANY
NAMED ABOVE
By: /s/ Xxxxxxx X. Xxxxxxx By: /s/ Xxx X. Xxxxxx
Xxxxxxx X. Xxxxxxx Xxx X. Xxxxxx, Secretary of each
Managing Director Investment Company
