EXHIBIT (H)(9)
AMENDMENT TO THE TRANSFER AGENCY AND SERVICES AGREEMENT
THIS AMENDMENT, to become effective as of the Closing Date, is made to the
Transfer Agency and Services Agreement dated November 15, 1996 (the "Agreement")
between the Kobren Insight Funds (the "Fund") and PFPC Inc. ("PFPC").
WITNESSETH
WHEREAS, the Fund participates in PFPC's DCXCHANGE(R) Program and retains
PFPC to perform services with respect to shares of the Funds held by or on
behalf of the Participants;
WHEREAS, PFPC has agreed to sell its proprietary retirement recordkeeping
technology and third party servicing business to Wachovia Bank, N.A. with an
anticipated closing date of June 30, 2003 (the date of actual close shall be
referred to herein as the "Closing Date");
WHEREAS, the parties desire to revise the Agreement to reflect the
termination of DCXCHANGE(R) Program services by PFPC;
NOW THEREFORE, the Fund and PFPC agree that as of the date first
referenced above, the Agreement shall be amended as follows:
1. The parties agree that, effective on the Closing Date, all provisions of
the Agreement relating exclusively to the DCXCHANGE(R) Program, including
services and fees related thereto, are hereby deleted. As of the Closing
Date PFPC will be under no continuing obligation to provide such services
and the Fund will be under no continuing obligation to pay to PFPC any
fees relating to such services; provided, however, that the Fund remains
obligated to PFPC to pay any fees which will have accrued prior to the
Closing Date.
2. This Amendment contains the entire understanding among the parties with
respect to the transactions contemplated hereby. To the extent that any
provision of this Amendment modified or is otherwise inconsistent with any
provision of the Agreement and related agreements, this Amendment shall
control, but the Agreement and all related documents shall otherwise
remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed by their duly authorized officers, as of the day and year first above
written.
KOBREN INSIGHT FUNDS PFPC INC.
By: /s/ Xxxx Xxxxx 6-26-03 By: /s/ Xxxxxxx Xxxxxxxx
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Title: Managing Director Title: Executive Vice President
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