Exhibit (h)(2)(ii)
AMENDMENT TO ADMINISTRATION AGREEMENT
This Amendment dated as of October 28, 1999, is entered into by IBJ FUNDS
TRUST (the "Company") and FIRST DATA INVESTOR SERVICES GROUP, INC. ("Investor
Services Group").
WHEREAS, the Company and Investor Services Group have entered into an
Administration Agreement dated as of March 1, 1998 (as amended or supplemented,
the "Agreement"); and
WHEREAS, the Company and Investor Services Group wish to amend the
Agreement to revise the description of services to be provided by Investor
Services Group to the Company and related matters;
NOW, THEREFORE, the parties hereto, intending to be legally bound hereby,
hereby agree as follows:
I. The following is hereby added to Schedule B of the Agreement:
SALES SUPPORT SERVICES
. Sales literature review and recommendations for compliance with NASD and
SEC rules and regulations
. Preparation of training materials for use by personnel of the Company or
the Adviser
. Preparation of ongoing compliance updates
. Provision of advice and counsel to the Company with respect to
regulatory matters, including monitoring regulatory and legislative
developments that may affect the Company
. Assistance in the preparation of quarterly board materials with regard
to sales and other distribution related data reasonably requested by the
board
II. The last sentence of paragraph (a) of Section 13 of the Agreement is
hereby deleted in its entirety and revised to read as follows:
Notwithstanding the previous sentence, in no event shall either the Company
or FDISG disclose the Confidential Information to any competitor of the
other, including an affiliate of either party, without specific prior
written consent.
III. This Amendment shall become effective immediately upon the
consummation of the acquisition of Investor Services Group by a subsidiary of
PNC Bank Corp., which the parties anticipate to occur on or about December 1,
1999.
IV. Except to the extent amended hereby, the Agreement shall remain
unchanged and in full force and effect and is hereby ratified and confirmed in
all respects as amended hereby.
IN WITNESS WHEREOF, the undersigned have executed this Amendment as of
the date and year first written above.
IBJ FUNDS TRUST
By: __________________________
FIRST DATA INVESTOR SERVICES
GROUP, INC.
By: __________________________
Xxxxx X. Xxx
President