ASSIGNMENT
THIS ASSIGNMENT is made as of the day of , 199_, between
and among Xxxx Xxxxxx Trust Company ("DWTC"), Xxxx Xxxxxx Trust FSB ("DWTFSB")
and the open-end investment companies managed by Xxxx Xxxxxx InterCapital Inc.
("InterCapital") as set forth on Exhibit A attached hereto (the "Xxxx Xxxxxx
Open-End Funds").
WHEREAS, this Assignment is supplemental to Transfer Agency and
Service Agreements between DWTC and each of the Xxxx Xxxxxx Open-End Funds in
effect as of the date of this Assignment (the "Transfer Agency Agreements");
and
WHEREAS, in connection with the merger of DWTC into a federal savings
bank, DWTFSB, DWTC wishes to assign its rights and obligations under the
Transfer Agency Agreements to DWTFSB,
NOW THEREFORE, in consideration of the foregoing, the parties agree as
follows:
1. DWTC hereby assigns to DWTFSB all of its right, title and
interest in the Transfer Agency Agreements, effective August 1, 1997.
2. DWTFSB assumes the obligations and duties of DWTC under
the Transfer Agency Agreements and agrees to be bound by the terms thereof.
3. Each of the Xxxx Xxxxxx Open-End Funds accepts and
consents to said assignment of the Transfer Agency Agreements from DWTC to
DWTFSB.
4. Each of the Xxxx Xxxxxx Open-End Funds, DWTC and DWTFSB
hereby consent to the adoption of a revised fee schedule, to be attached to the
Transfer Agency Agreements as Schedule A, superseding and replacing the
existing Schedule A, to be effective on the date of assignment of the Transfer
Agency Agreements.
IN WITNESS WHEREOF, this Assignment is executed by the parties as of
the date first above written.
XXXX XXXXXX OPEN-END FUNDS
by:
---------------------------------
Xxxxxxx X. Xxxxxxxxxxx
Chairman
XXXX XXXXXX TRUST COMPANY XXXX XXXXXX TRUST FSB
by: by:
--------------------------------- ----------------------------------
Xxxx Van Heuvelen Xxxx Van Heuvelen
President President
EXHIBIT A - AUGUST 1, 1997
XXXX XXXXXX OPEN-END FUNDS
MONEY MARKET FUNDS
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1. Xxxx Xxxxxx Liquid Asset Fund Inc.
2. Active Assets Money Trust
3. Xxxx Xxxxxx U.S. Government Money Market Trust
4. Active Assets Government Securities Trust
5. Xxxx Xxxxxx Tax-Free Daily Income Trust
6. Active Assets Tax-Free Trust
7. Xxxx Xxxxxx California Tax-Free Daily Income Trust
8. Xxxx Xxxxxx New York Municipal Money Market Trust
9. Active Assets California Tax-Free Trust
EQUITY FUNDS
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10. Xxxx Xxxxxx American Value Fund
11. Xxxx Xxxxxx Mid-Cap Growth Fund
12. Xxxx Xxxxxx Dividend Growth Securities Inc.
13. Xxxx Xxxxxx Capital Growth Securities
14. Xxxx Xxxxxx Global Dividend Growth Securities
15. Xxxx Xxxxxx Income Builder Fund
16. Xxxx Xxxxxx Natural Resource Development Securities Inc.
17. Xxxx Xxxxxx Precious Metals and Minerals Trust
18. Xxxx Xxxxxx Developing Growth Securities Trust
19. Xxxx Xxxxxx Health Sciences Trust
20. Xxxx Xxxxxx Capital Appreciation Fund
21. Xxxx Xxxxxx Information Fund
22. Xxxx Xxxxxx Value-Added Market Series
23. Xxxx Xxxxxx World Wide Investment Trust
24. Xxxx Xxxxxx European Growth Fund Inc.
25. Xxxx Xxxxxx Pacific Growth Fund Inc.
26. Xxxx Xxxxxx International SmallCap Fund
27. Xxxx Xxxxxx Japan Fund
28. Xxxx Xxxxxx Utilities Fund
29. Xxxx Xxxxxx Global Utilities Fund
30. Xxxx Xxxxxx Special Value Fund
31. Xxxx Xxxxxx Financial Services Trust
32. Xxxx Xxxxxx Market Leader Trust
33. Xxxx Xxxxxx Managers' Select Fund
34. Xxxx Xxxxxx Fund of Funds
35. Xxxx Xxxxxx S&P 500 Index Fund
BALANCED FUNDS
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36. Xxxx Xxxxxx Balanced Growth Fund
37. Xxxx Xxxxxx Balanced Income Trust
ASSET ALLOCATION FUNDS
----------------------
38. Xxxx Xxxxxx Strategist Fund
39. Xxxx Xxxxxx Global Asset Allocation Fund
FIXED INCOME FUNDS
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40. Xxxx Xxxxxx High Yield Securities Inc.
41. Xxxx Xxxxxx High Income Securities
42. Xxxx Xxxxxx Convertible Securities Trust
43. Xxxx Xxxxxx Intermediate Income Securities
44. Xxxx Xxxxxx Short-Term Bond Fund
45. Xxxx Xxxxxx World Wide Income Trust
46. Xxxx Xxxxxx Global Short-Term Income Fund Inc.
47. Xxxx Xxxxxx Diversified Income Trust
48. Xxxx Xxxxxx U.S. Government Securities Trust
49. Xxxx Xxxxxx Federal Securities Trust
50. Xxxx Xxxxxx Short-Term U.S. Treasury Trust
51. Xxxx Xxxxxx Intermediate Term U.S. Treasury Trust
52. Xxxx Xxxxxx Tax-Exempt Securities Trust
53. Xxxx Xxxxxx National Municipal Trust
55. Xxxx Xxxxxx Limited Term Municipal Trust
55. Xxxx Xxxxxx California Tax-Free Income Fund
56. Xxxx Xxxxxx New York Tax-Free Income Fund
57. Xxxx Xxxxxx Hawaii Municipal Trust
58. Xxxx Xxxxxx Multi-State Municipal Series Trust
59. Xxxx Xxxxxx Select Municipal Reinvestment Fund
SPECIAL PURPOSE FUNDS
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60. Xxxx Xxxxxx Retirement Series
61. Xxxx Xxxxxx Variable Investment Series
62. Xxxx Xxxxxx Select Dimensions Investment Series
SCHEDULE A
Fund: Xxxx Xxxxxx Special Value Fund
Fees: (1) Annual maintenance fee of $12.65 per shareholder account, payable
monthly.
(2) A fee equal to 1/12 of the fee set forth in (1) above, for
providing Forms 1099 for accounts closed during the year, payable
following the end of the calendar year.
(3) Out-of-pocket expenses in accordance with Section 2.2 of the
Agreement.
(4) Fees for additional services not set forth in this Agreement shall
be as negotiated between the parties.
