EXHIBIT (h)(4)
FORM OF AMENDMENT
TO THE
TRANSFER AGENCY AGREEMENT
Pilgrim Equity Trust (the "Trust") and DST Systems, Inc. ("DST") hereby
agree to modify and amend the Transfer Agency Agreement, amended and restated as
of November 2, 2001 between the Trust and DST ("Agreement") by amending Exhibit
A to the Agreement to add the "ING MidCap Value Fund," "ING SmallCap Value
Fund," "Pilgrim Biotechnology Fund," and "Pilgrim Principal Protection Fund
II," as indicated on the attached amended and restated Exhibit A. The Agreement
is to be effective with respect to each such Fund upon the effective date of the
initial Registration Statement with respect to each respective Fund.
IN WITNESS WHEREOF, the parties have caused this Amendment to the
Agreement to be executed by their respective officers thereunto duly authorized
as of November 2, 2001.
PILGRIM EQUITY TRUST
By:__________________________________
Xxxxxx X. Naka
Senior Vice President
DST SYSTEMS, INC.
By: _________________________________
Name:
Title:
190991
EXHIBIT A
WITH RESPECT TO THE
TRANSFER AGENCY AGREEMENT
BETWEEN
PILGRIM EQUITY TRUST
AND
DST SYSTEMS, INC.
EFFECTIVE NOVEMBER 2, 2001
OPEN/ STATE OF TAXPAYER
TAXPAYER/FUND NAME TYPE OF ORGANIZATION CLOSED ORGANIZATION I.D. NO.
------------------ -------------------- ------ ------------ --------
Pilgrim Equity Trust Business Trust Open Massachusetts
Pilgrim MidCap Opportunities a series of Pilgrim Equity Trust Open Massachusetts
Fund
Pilgrim Principal Protection a series of Pilgrim Equity Trust Open Massachusetts
Fund
Pilgrim Principal Protection a series of Pilgrim Equity Trust Open Massachusetts
Fund II*
Pilgrim Biotechnology Fund* a series of Pilgrim Equity Trust Open Massachusetts
ING SmallCap Value Fund* a series of Pilgrim Equity Trust Open Massachusetts
ING MidCap Value Fund* a series of Pilgrim Equity Trust Open Massachusetts
-----------------------------
* This Exhibit A to the Transfer Agency Agreement will be effective with
respect to each of these Funds upon the effective date of the initial
Registration Statement with respect to each respective Fund.
