AMENDMENT NO. 14
TO THE
DECLARATION OF TRUST
OF
XXXXXXX XXXXX TRUST
This AMENDMENT NO. 14 dated the 26th day of April, 2000 to the
AGREEMENT AND DECLARATION OF TRUST (the "Declaration"), as amended, dated the
28th day of January, 1997 is made by the Trustees name below;
WHEREAS, the Trustees have established a trust for the
investment and reinvestment of funds contributed thereto;
WHEREAS, the Trustees divided the beneficial interest in the
trust assets into transferable shares of beneficial interest and divided such
shares of beneficial interest into separate Series;
WHEREAS, the Trustees desire to create new Series and
designate new Classes of shares;
NOW, THEREFORE, in consideration of the foregoing premises and the
agreements contained herein, the undersigned, being all of the Trustees of the
Trust and acting in accordance with Article V, Section 1 of the Declaration,
hereby amend the Declaration as follows:
The Trust shall consist of one or more Series. Without limiting the
authority of the Trustees to establish and designate any further
Series, the Trustees hereby establish the following 54 Series: Xxxxxxx
Sachs Adjustable Rate Government Fund, Xxxxxxx Xxxxx Short Duration
Government Fund, Xxxxxxx Sachs Short Duration Tax-Free Fund, Xxxxxxx
Sachs Core Fixed Income Fund, Xxxxxxx Xxxxx Global Income Fund, Xxxxxxx
Sachs Government Income Fund, Xxxxxxx Xxxxx Municipal Income Fund,
Xxxxxxx Sachs High Yield Fund, Xxxxxxx Xxxxx High Yield Municipal Fund,
Xxxxxxx Sachs Enhanced Cash Fund, Xxxxxxx Xxxxx Balanced Fund, Xxxxxxx
Sachs CORE Large Cap Growth Fund, Xxxxxxx Xxxxx CORE U.S. Equity Fund,
Xxxxxxx Sachs CORE Small Cap Equity Fund, Xxxxxxx Xxxxx CORE
International Equity Fund, Xxxxxxx Sachs Growth and Income Fund,
Xxxxxxx Xxxxx Capital Growth Fund, Xxxxxxx Sachs Mid Cap Value Fund,
Xxxxxxx Xxxxx Small Cap Value Fund, Xxxxxxx Sachs International Equity
Fund, Xxxxxxx Xxxxx Asia Growth Fund, Xxxxxxx Sachs Emerging Markets
Equity Fund, Xxxxxxx Xxxxx Real Estate Securities Fund, Xxxxxxx Sachs
International Small Cap Fund, Xxxxxxx Xxxxx Japanese Equity Fund,
Xxxxxxx Sachs European Equity Fund, Xxxxxxx Xxxxx CORE Large Cap Value
Fund, Xxxxxxx Sachs Strategic Growth Fund, Xxxxxxx Xxxxx Growth
Opportunities Fund, Xxxxxxx Sachs Internet Tollkeeper Fund, Xxxxxxx
Sachs Large Cap Value Fund, Xxxxxxx Xxxxx CORE Tax-Managed Equity Fund,
Xxxxxxx Sachs Research Select Fund, Xxxxxxx Xxxxx Growth Strategy
Portfolio, Xxxxxxx Sachs Aggressive Growth Strategy Portfolio, Xxxxxxx
Sachs Balanced Strategy Portfolio, Xxxxxxx Xxxxx Growth and Income
Strategy Portfolio, Xxxxxxx Sachs Conservative Strategy Portfolio,
Institutional Liquid Assets- Prime Obligations Portfolio, Institutional
Liquid Assets-Government Portfolio, Institutional Liquid
Assets-Treasury Obligations Portfolio, Institutional Liquid
Assets-Money Market Portfolio, Institutional Liquid Assets-Federal
Portfolio, Institutional Liquid Assets-Treasury Instruments Portfolio,
Institutional Liquid Assets-Tax-Exempt Diversified Portfolio,
Institutional Liquid Assets-Tax-Exempt New York Portfolio,
Institutional Liquid Assets-Tax-Exempt California Portfolio, Xxxxxxx
Sachs-Financial Square Prime Obligations Fund, Xxxxxxx Xxxxx-Financial
Square Government Fund, Xxxxxxx Sachs-Financial Square Treasury
Obligations Fund, Xxxxxxx Xxxxx-Financial Square Money Market Fund,
Xxxxxxx Sachs-Financial Square Tax-Free Money Market Fund, Xxxxxxx
Sachs-Financial Square Federal Fund, and Xxxxxxx Xxxxx-Financial Square
Treasury Instruments Fund (the "Existing Series"). Each additional
Series shall be established and is effective upon the adoption of a
resolution of a majority of the Trustees or any alternative date
specified in such resolution. The Trustees may designate the relative
rights and preferences of the Shares of each Series. The Trustees may
divide the Shares of any Series into Classes. Without limiting the
authority of the Trustees to establish and designate any further
Classes, the Trustees hereby establish the following classes of shares
with respect to the series set forth below:
Class A Shares: Xxxxxxx Sachs Adjustable Rate Government Fund,
Xxxxxxx Xxxxx Global Income Fund, Xxxxxxx Sachs
Government Income Fund, Xxxxxxx Xxxxx Municipal
Income Fund, Xxxxxxx Sachs High Yield Fund,
Xxxxxxx Xxxxx Short Duration Government Fund,
Xxxxxxx Sachs Short Duration Tax-Free Fund, Xxxxxxx
Sachs Core Fixed Income Fund, Xxxxxxx Xxxxx High
Yield Municipal Fund, Xxxxxxx Sachs Balanced Fund,
Xxxxxxx Xxxxx CORE U.S. Equity Fund, Xxxxxxx Sachs
CORE Small Cap Equity Fund, Xxxxxxx Xxxxx CORE
International Equity Fund, Xxxxxxx Sachs CORE
Large Cap Growth Fund, Xxxxxxx Xxxxx Growth and
Income Fund, Xxxxxxx Sachs Mid Cap Value Fund,
Xxxxxxx Xxxxx Capital Growth Fund, Xxxxxxx Sachs
Small Cap Value Fund, Xxxxxxx Xxxxx International
Equity Fund, Xxxxxxx Sachs Emerging Markets
Equity Fund, Xxxxxxx Xxxxx Asia Growth Fund,
Xxxxxxx Sachs Real Estate Securities Fund, Xxxxxxx
Sachs International Small Cap Fund, Xxxxxxx Xxxxx
Japanese Equity Fund, Xxxxxxx Sachs European Equity
Fund, Xxxxxxx Xxxxx CORE Large Cap Value Fund,
Xxxxxxx Sachs Strategic Growth Fund, Xxxxxxx Xxxxx
Growth Opportunities Fund, Xxxxxxx Sachs Internet
Tollkeeper Fund, Xxxxxxx Xxxxx Large Cap Value Fund,
Xxxxxxx Sachs CORE Tax-Managed Equity Fund, Xxxxxxx
Sachs Research Select Fund, Xxxxxxx Xxxxx Growth
Strategy Portfolio, Xxxxxxx Sachs Aggressive
Growth Strategy Portfolio, Xxxxxxx Xxxxx Balanced
Strategy Portfolio, Xxxxxxx Sachs Growth and Income
Strategy Portfolio, Xxxxxxx Xxxxx Conservative
Strategy Portfolio.
Class B Shares Xxxxxxx Sachs Global Income Fund, Xxxxxxx Xxxxx
Government Income Fund, Xxxxxxx Sachs Municipal
Income Fund, Xxxxxxx Xxxxx High Yield Fund, Xxxxxxx
Sachs Short Duration Government Fund, Xxxxxxx
Sachs Short Duration Tax-Free Fund, Xxxxxxx Xxxxx
Core Fixed Income Fund, Xxxxxxx Sachs High Yield
Municipal Fund, Xxxxxxx Xxxxx Balanced Fund,
Xxxxxxx Sachs CORE U.S. Equity Fund, Xxxxxxx Xxxxx
CORE Small Cap Equity Fund, Xxxxxxx Sachs CORE
International Equity Fund, Xxxxxxx Xxxxx CORE
Large Cap Growth Fund, Xxxxxxx Sachs Growth and
Income Fund, Xxxxxxx Xxxxx Mid Cap Value Fund,
Xxxxxxx Sachs Capital Growth Fund, Xxxxxxx Xxxxx
Small Cap Value Fund, Xxxxxxx Sachs International
Equity Fund, Xxxxxxx Xxxxx Emerging Markets Equity
Fund, Xxxxxxx Sachs Asia Growth Fund, Xxxxxxx Xxxxx
International Small Cap Fund, Xxxxxxx Sachs Japanese
Equity Fund, Xxxxxxx Xxxxx CORE Large Cap Value
Fund, Xxxxxxx Sachs Growth Opportunities Fund,
Xxxxxxx Xxxxx Strategic Growth Fund, Xxxxxxx Sachs
Internet Tollkeeper Fund, Xxxxxxx Xxxxx Large Cap
Value Fund, Xxxxxxx Sachs CORE Tax-Managed Equity
Fund, Xxxxxxx Xxxxx Research Select Fund,
Institutional Liquid Assets Prime Obligations
Portfolio, Xxxxxxx Sachs Real Estate Securities
Fund, Xxxxxxx Xxxxx European Equity Fund,
Xxxxxxx Sachs Growth Strategy Portfolio, Xxxxxxx
Sachs Aggressive Growth Strategy Portfolio, Xxxxxxx
Sachs Balanced Strategy Portfolio, Xxxxxxx Xxxxx
Growth and Income Strategy Portfolio, Xxxxxxx Sachs
Conservative Strategy Portfolio.
Class C Shares Xxxxxxx Xxxxx Global Income Fund, Xxxxxxx Sachs
Government Income Fund, Xxxxxxx Xxxxx Municipal
Income Fund, Xxxxxxx Sachs High Yield Fund, Xxxxxxx
Sachs Short Duration Government Fund, Xxxxxxx
Sachs Short Duration Tax-Free Fund, Xxxxxxx Xxxxx
Core Fixed Income Fund, Xxxxxxx Sachs High Yield
Municipal Fund, Xxxxxxx Xxxxx Balanced Fund,
Xxxxxxx Sachs CORE U.S. Equity Fund, Xxxxxxx Xxxxx
CORE Small Cap Equity Fund, Xxxxxxx Sachs CORE
International Equity Fund, Xxxxxxx Xxxxx CORE
Large Cap Growth Fund, Xxxxxxx Sachs Growth and
Income Fund, Xxxxxxx Xxxxx Mid Cap Value Fund,
Xxxxxxx Sachs Capital Growth Fund, Xxxxxxx Xxxxx
Small Cap Value Fund, Xxxxxxx Sachs International
Equity Fund, Xxxxxxx Xxxxx Emerging Markets Equity
Fund, Xxxxxxx Sachs Asia Growth Fund, Xxxxxxx Xxxxx
International Small Cap Fund, Xxxxxxx Sachs Japanese
Equity Fund, Institutional Liquid Assets Prime
Obligations Portfolio, Xxxxxxx Xxxxx Real Estate
Securities Fund, Xxxxxxx Sachs European Equity Fund,
Xxxxxxx Xxxxx CORE Large Cap Value Fund, Xxxxxxx
Sachs Strategic Growth Fund, Xxxxxxx Xxxxx Growth
Opportunities Fund, Xxxxxxx Sachs Internet
Tollkeeper Fund, Xxxxxxx Xxxxx Large Cap Value Fund,
Xxxxxxx Sachs CORE Tax-Managed Equity Fund,
Xxxxxxx Xxxxx Research Select Fund, Xxxxxxx
Sachs Growth Strategy Portfolio, Xxxxxxx Xxxxx
Aggressive Growth Strategy Portfolio, Xxxxxxx Sachs
Balanced Strategy Portfolio, Xxxxxxx Xxxxx Growth
and Income Strategy Portfolio, Xxxxxxx Sachs
Conservative Strategy Portfolio.
Institutional Shares: Xxxxxxx Xxxxx Adjustable Rate Government Fund,
Xxxxxxx Sachs Short Duration Government Fund,
Xxxxxxx Xxxxx Short Duration Tax-Free Fund,
Xxxxxxx Sachs Government Income Fund, Xxxxxxx Xxxxx
Municipal Income Fund, Xxxxxxx Sachs Core Fixed
Income Fund, Xxxxxxx Xxxxx High Yield Municipal
Fund, Xxxxxxx Sachs Global Income Fund, Xxxxxxx
Sachs High Yield Fund, Xxxxxxx Xxxxx Enhanced Cash
Fund, Xxxxxxx Sachs Balanced Fund, Xxxxxxx Xxxxx
Small Cap Value Fund, Xxxxxxx Sachs Capital Growth
Fund, Xxxxxxx Xxxxx CORE Large Cap Growth Fund,
Xxxxxxx Sachs CORE U.S. Equity Fund, Xxxxxxx
Sachs CORE Small Cap Equity Fund, Xxxxxxx Xxxxx
CORE International Equity Fund, Xxxxxxx Sachs
Growth and Income Fund, Xxxxxxx Xxxxx Mid Cap Value
Fund, Xxxxxxx Sachs International Equity Fund,
Xxxxxxx Xxxxx Emerging Markets Equity Fund,
Xxxxxxx Sachs Asia Growth Fund, Xxxxxxx Xxxxx
International Small Cap Fund, Xxxxxxx Sachs
Japanese Equity Fund, Xxxxxxx Xxxxx Real Estate
Securities Fund, Xxxxxxx Sachs European Equity
Fund, Xxxxxxx Xxxxx CORE Large Cap Value Fund,
Xxxxxxx Sachs Growth Opportunities Fund, Xxxxxxx
Sachs Strategic Growth Fund, Xxxxxxx Xxxxx
Internet Tollkeeper Fund, Xxxxxxx Sachs Large Cap
Value Fund, Xxxxxxx Xxxxx CORE Tax-Managed Equity
Fund, Xxxxxxx Sachs Research Select Fund,
Xxxxxxx Xxxxx Enhanced Cash Fund, Xxxxxxx
Sachs-Financial Square Prime Obligations Fund,
Xxxxxxx Xxxxx-Financial Square Government Fund,
Xxxxxxx Sachs-Financial Square Treasury
Obligations Fund, Xxxxxxx Xxxxx-Financial Square
Money Market Fund, Xxxxxxx Sachs-Financial Square
Premium Money Market Fund, Xxxxxxx Xxxxx-Financial
Square Municipal Money Market Fund, Xxxxxxx
Sachs-Financial Square Tax-Free Money Market Fund,
Xxxxxxx Xxxxx-Financial Square Federal Fund,
Xxxxxxx Sachs-Financial Square Treasury Instruments
Fund, Institutional Liquid Assets-Prime Obligations
Portfolio, Institutional Liquid Assets-Government
Portfolio, Institutional Liquid Assets-Treasury
Obligations Portfolio, Institutional Liquid
Assets-Money Market Portfolio, Institutional
Liquid Assets-Federal Portfolio, Institutional
Liquid Assets-Treasury Instruments Portfolio,
Institutional Liquid Assets-Tax-Exempt Diversified
Portfolio, Institutional Liquid Assets-Tax-Exempt
New York Portfolio, Institutional Liquid
Assets-Tax-Exempt California Portfolio, Xxxxxxx
Sachs Growth Strategy Portfolio, Xxxxxxx Xxxxx
Aggressive Growth Strategy Portfolio, Xxxxxxx
Sachs Balanced Strategy Portfolio, Xxxxxxx Xxxxx
Growth and Income Strategy Portfolio, Xxxxxxx Sachs
Conservative Strategy Portfolio.
Service Shares: Xxxxxxx Xxxxx Adjustable Rate Government Fund,
Xxxxxxx Sachs Short Duration Government Fund,
Xxxxxxx Xxxxx Short Duration Tax-Free Fund, Xxxxxxx
Sachs Government Income Fund, Xxxxxxx Xxxxx
Municipal Income Fund, Xxxxxxx Sachs Core Fixed
Income Fund, Xxxxxxx Xxxxx High Yield Municipal
Fund, Xxxxxxx Sachs Global Income Fund, Xxxxxxx
Sachs High Yield Fund, Xxxxxxx Xxxxx Balanced
Fund, Xxxxxxx Sachs Small Cap Value Fund, Xxxxxxx
Sachs Capital Growth Fund, Xxxxxxx Xxxxx CORE U.S.
Equity Fund, Xxxxxxx Sachs CORE Large Cap Growth
Fund, Xxxxxxx Xxxxx CORE Small Cap Equity Fund,
Xxxxxxx Sachs CORE International Equity Fund,
Xxxxxxx Xxxxx Growth and Income Fund, Xxxxxxx Sachs
Mid Cap Value Fund, Xxxxxxx Xxxxx International
Equity Fund, Xxxxxxx Sachs Emerging Markets Equity
Fund, Xxxxxxx Xxxxx Asia Growth Fund, Xxxxxxx Sachs
International Small Cap Fund, Xxxxxxx Xxxxx
Japanese Equity Fund, Xxxxxxx Sachs Real Estate
Securities Fund, Xxxxxxx Xxxxx European Equity Fund,
Xxxxxxx Sachs CORE Large Cap Value Fund, Xxxxxxx
Sachs Strategic Growth Fund, Xxxxxxx Xxxxx
Growth Opportunities Fund, Xxxxxxx Sachs Internet
Tollkeeper Fund, Xxxxxxx Xxxxx Large Cap Value
Fund, Xxxxxxx Sachs CORE Tax-Managed Equity Fund,
Xxxxxxx Xxxxx Research Select Fund, Xxxxxxx
Sachs-Financial Square Prime Obligations Fund,
Xxxxxxx Xxxxx-Financial Square Government Fund,
Xxxxxxx Sachs-Financial Square Treasury Obligations
Fund, Xxxxxxx Xxxxx-Financial Square Money Market
Fund, Xxxxxxx Sachs-Financial Square Tax-Free Money
Market Fund, Xxxxxxx Xxxxx-Financial Square
Federal Fund, Xxxxxxx Sachs-Financial Square
Treasury Instruments Fund, Institutional Liquid
Assets-Prime Obligations Portfolio, Institutional
Liquid Assets-Government Portfolio,
Institutional Liquid Assets- Treasury Obliga
tions Portfolio, Institutional Liquid Assets-Money
Market Portfolio, Institutional Liquid Assets-
Federal Portfolio, Institutional Liquid Assets-
Treasury Instruments Portfolio, Institutional
Liquid Assets-Tax-Exempt Diversified Portfolio,
Institutional Liquid Assets-Tax-Exempt New York
Portfolio, Institutional Liquid Assets-Tax-Exempt
California Portfolio, Xxxxxxx Xxxxx Growth Strategy
Portfolio, Xxxxxxx Sachs Aggressive Growth Strategy
Portfolio, Xxxxxxx Xxxxx Balanced Strategy
Portfolio, Xxxxxxx Sachs Growth and Income Strategy
Portfolio, Xxxxxxx Xxxxx Conservative Strategy
Portfolio.
Administration Shares: Xxxxxxx Sachs-Financial Square Prime Obligations
Fund, Xxxxxxx Xxxxx-Financial Square Government
Fund, Xxxxxxx Sachs-Financial Square Treasury
Obligations Fund, Xxxxxxx Xxxxx-Financial Square
Money Market Fund, Xxxxxxx Sachs-Financial Square
Tax-Free Money Market Fund, Xxxxxxx Xxxxx-Financial
Square Federal Fund,Xxxxxxx Sachs-Financial Square
Treasury Instruments Fund, Institutional Liquid
Assets-Prime Obligations Portfolio, Institutional
Liquid Assets-Government Portfolio,
Institutional Liquid Assets-Treasury Obligations
Portfolio, Institutional Liquid Assets-Money
Market Portfolio, Institutional Liquid
Assets-Federal Portfolio, Institutional Liquid
Assets-Treasury Instruments Portfolio, Institutional
Liquid Assets-Tax-Exempt Diversified Portfolio,
Institutional Liquid Assets-Tax- Exempt New York
Portfolio and Institutional Liquid Assets-Tax-Exempt
California Portfolio, Xxxxxxx Xxxxx Enhanced Cash
Fund.
Preferred
Administration Shares: Xxxxxxx Sachs-Financial Square Prime
Obligations Fund, Xxxxxxx Xxxxx-Financial Square
Government Fund, Xxxxxxx Sachs-Financial Square
Treasury Obligations Fund, Xxxxxxx Xxxxx-Financial
Square Money Market Fund, Xxxxxxx Sachs-Financial
Square Tax-Free Money Market Fund, Xxxxxxx
Sachs-Financial Square Federal Fund and Xxxxxxx
Sachs-Financial Square Treasury Instruments Fund.
Cash Management
Shares: Institutional Liquid Assets-Prime Obligations
Portfolio, Institutional Liquid Assets-Money
Market Portfolio, Institutional Liquid
Assets-Government Portfolio, Institutional Liquid
Assets-Tax-Exempt Diversified Portfolio,
Institutional Liquid Assets-Tax-Exempt California
Portfolio, Institutional Liquid Assets-Tax-Exempt
New York Portfolio.
Select Shares: Xxxxxxx Xxxxx-Financial Square Prime
Obligations Fund, Xxxxxxx Sachs-Financial Square
Government Fund, Xxxxxxx Xxxxx-Financial Square
Treasury Obligations Fund, Xxxxxxx Sachs-Financial
Square Money Market Fund, Xxxxxxx Xxxxx-Financial
Square Tax-Free Money Market Fund, Xxxxxxx
Sachs-Financial Square Federal Fund and Xxxxxxx
Sachs-Financial Square Treasury Instruments Fund.
All capitalized terms which are not defined herein
shall have the same meanings as are assigned to those
terms in the Declaration.
IN WITNESS WHEREOF, the undersigned have executed
this instrument as of the date first written above.
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Xxxxx X. Xxxxxx,
as Trustee and not individually
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Xxxxx X. Xxxx,
as Trustee and not individually
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Xxxxxxx Grip,
as Trustee and not individually
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Xxxx X. XxXxxxx,
as Trustee and not individually,
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Xxxx X. XxXxxxxxx
as Trustee and not individually,
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Xxxx X. Xxxxx
as Trustee and not individually,
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Xxxxxxx X. Xxxxx, Xx.
as Trustee and not individually,
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Xxxxxxx X. Xxxxxxxx
as Trustee and not individually,
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Xxxxxxx X. Xxxxxxx
as Trustee and not individually,
