WORLD TECHNOLOGIES PORTFOLIO
AGREEMENT AND DECLARATION OF UNITHOLDERS
This AGREEMENT AND DECLARATION OF UNITHOLDERS is made at Minneapolis, Minnesota,
as of this 13th day of November, 1996 by the holders of beneficial interest of
World Technologies Portfolio, a separate series of World Trust.
WITNESS THAT, the Declaration of Trust (the "Declaration of Trust") for World
Trust dated November 13, 1996, on file in the office of the Secretary of State
of the Commonwealth of Massachusetts, provides for no restrictions on the
transfer of units therein; and
WHEREAS, the holders of units in World Technologies Portfolio desire to restrict
the transfer of their units in World Technologies Portfolio;
NOW, THEREFORE, the undersigned hereby declare that they will not transfer any
units in World Technologies Portfolio held by them without the prior written
consent of the other unitholders holding at least two thirds of the World
Technologies Portfolio's units outstanding (excluding the units of the holder
seeking to effect the transfer) and that any attempted transfer in violation of
this agreement shall be null and void. This agreement shall not affect the
rights of any unitholder to redeem units in World Technologies Portfolio as
provided for in the Declaration of Trust. The undersigned also acknowledge that
the remedy of damages for the violation of this agreement would be inadequate
and therefore further agree that this agreement shall be enforceable solely by
the remedy of specific performance.
IDS GLOBAL SERIES, INC.
IDS Innovations Fund
/s/ Xxxxxx X. Xxx
Xxxxxx X. Xxx
Vice President and General Counsel
STRATEGIST WORLD FUND, INC.
Strategist World Technologies Fund
/s/ Xxxxx X. Xxxxxxxx
Xxxxx X. Xxxxxxxx
President
