1
Exhibit (k)(1)(a)
AMENDMENT NO. 1
TO
TRANSFER AGENCY AND REGISTRAR AGREEMENT
The Transfer Agency and Registrar Agreement between Boston Safe Deposit and
Trust Company (the "Transfer Agent") and Colonial Intermediate High Income Fund
(the "Fund") dated July 18, 1988 (the "Transfer Agency Agreement") is hereby
amended by deleting Section 14(b) in its entirety and by replacing it with the
following:
"(b) (1) After a period of five years from the date hereof either of
the parties may terminate this Agreement by giving to the other
party notice in writing specifying the date of such termination,
which shall not be less than 120 days after the date of receipt
of such notice.
(2) This Agreement may be terminated by the Fund prior to the
expiration of the five year period specified in Section 14(b)
(1) upon a finding made in good faith by a majority of the
"disinterested trustees" of the Board of Trustees of the Fund
that (I) the Transfer Agent has failed on a continuing basis to
perform its duties pursuant to the Agreement in a satisfactory
manner consistent with then current industry standards and
practices or (ii) the terms and provisions of the Agreement are
no longer reasonable in light of then current industry standards
and practices. In the event notice to terminate pursuant to
Section 14(b) (1) or 14(b) (2) is given by the Fund to the
Transfer Agent, it shall be accompanied by a resolution of the
Board of Trustees of the Fund, certified by the Secretary of the
Fund, designating a successor transfer agent or transfer agents.
Upon such termination and at the expense of the Fund, the
Transfer Agent will deliver to such successor a certified list
of shareholders of the Fund with names and addresses), an
historical record of the account of each shareholder and the
status thereof, and all other relevant books, records,
correspondence, and other data established or maintained by the
Transfer Agent under this Agreement in the form reasonably
acceptable to the Transfer Agent, and will cooperate in the
transfer of such duties and responsibilities, including
provisions for assistance from the Transfer Agent's personnel in
the establishment of books, records and other data by such
successor or successors."
2
IN WITNESS WHEREOF, the Fund and the Transfer Agent have executed this Amendment
No. 1 to the Transfer Agency and Registrar Agreement as of the 22nd day of July,
1988.
COLONIAL INTERMEDIATE HIGH INCOME FUND
By: /s/ XXXXXX X. XXXXXX
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Xxxxxx X. Xxxxxx
BOSTON SAFE DEPOSIT AND TRUST COMPANY
By: /s/ XXXXXXX X. XXXXX
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Xxxxxxx X. Xxxxx