EXHIBIT 1(k)
XXXXX XXXXXXX INVESTMENT COMPANY
AMENDMENT TO MASTER TRUST AGREEMENT
Regarding designations of Sub-Trusts and Shares
and the merger of certain Sub-Trusts
AMENDMENT NO.10 to the Amended Master Trust Agreement dated July 26, 1984
(referred to herein as the "Agreement"), adopted the 27th day of April, 1998, by
the Trustees under such Agreement, and effective upon the certification and
filing of this Amendment as provided herein.
WITNESSETH:
WHEREAS, Section 4.1 of the Agreement authorizes the Trustees to establish
and designate such separate and distinct Sub-Trusts of the Trust as they
deem necessary or desirable; and
WHEREAS, the Trustees wish to provide for the redesignation of the name of
the Limited Volatility Tax Free Fund Sub-Trust, and have determined that
such renaming of the Sub-Trust will not adversely impact the Shareholders
of such Sub-Trust; and
WHEREAS, the Trustees propose that such redesignation shall be effective at
a date to be set by the officers of the Trust in consideration of the
revision of disclosure and other materials relating to such Sub-Trust; and
WHEREAS, the Trustees have recommended that Shareholders of the Volatility
Constrained Bond Fund Sub-Trust adopt an Agreement and Plan of
Reorganization, providing for the reorganization of the Volatility
Constrained Bond Fund Sub-Trust into the Fixed Income II Fund Sub-Trust,
the termination of the Volatility Constrained Bond Fund Sub-Trust, and the
implementation of further actions consistent therewith;
NOW, THEREFORE, the Trustees hereby amend the Agreement as set forth below
to redesignate the name of certain Sub-Trusts and redesignate the name of
certain Shares issued thereunder, and to provide for such further actions
as are necessary and appropriate in furtherance thereof.
Amendment of the Master Trust Agreement
Without affecting the rights and preferences of any presently issued and
outstanding shares of interest in the Trust, the Agreement is hereby amended as
follows:
1. Effective upon the filing of this Amendment in the minute books of the Trust
by the Secretary of the Trust, and the filing of this Amendment with appropriate
authorities of the Commonwealth of Massachusetts and the State of Washington,
Article IV is amended to delete the name "Limited Volatility Tax Free Fund" in
each place where such name shall appear, and to insert in place thereof the name
"Tax Exempt Bond Fund."
2. Effective upon the merger of the Volatility Constrained Bond Fund into the
Fixed Income II Fund pursuant to an Agreement and Plan of Reorganization
approved in accordance with the terms and the conditions of the Agreement, the
filing of this Amendment in the minute books of the Trust by the Secretary of
the Trust, and the filing of this Amendment with appropriate authorities of the
Commonwealth of Massachusetts and the State of Washington, Article IV is
amended: (i) to delete the names "Volatility Constrained Bond Fund" and "Fixed
Income II Fund" in each place where such names shall appear, and (ii) to insert
in place of the name "Fixed Income II Fund" the name "Short-Term Bond Fund."
The undersigned hereby certify that the Amendment set forth above has been duly
adopted in accordance with the provisions of the Master Trust Agreement, and
shall become effective on the designated effective date and year set forth
hereinabove.
IN WITNESS WHEREOF, the undersigned have hereunto set their hands and seals for
themselves and their assigns, as of the day and year first above written. This
instrument may be executed in one or more counterparts, all of which shall
together constitute a single instrument.
/s/ Xxxx X. Xxxxxxxx /s/ Xxxxxxx X. Xxxxxx
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Xxxx X. Xxxxxxxx Xxxxxxx X. Xxxxxx
/s/ Xxxx X. Xxxxxxxx /s/ Xxx X. Xxxxxxxx
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Xxxx X. Xxxxxxxx Xxx X. Xxxxxxxx
/s/ Xxxx Xxxxx /s/ Xxxxxx X. Xxxxxxx, Xx.
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Xxxx Xxxxx Xxxxxx X. Xxxxxxx, Xx.
/s/ Xxxxxxx X. Xxxxxx
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Xxxxxxx X. Xxxxxx
