Exhibit (h)
AMENDMENT TO
SERVICES AGREEMENT
This Amendment dated as of September 27, 1999, is entered into by WILSHIRE
TARGET FUNDS, INC. (the "Company") and FIRST DATA INVESTOR SERVICES GROUP, INC.
("Investor Services Group").
WHEREAS, the Company and Investor Services Group have entered into a
Services Agreement dated as of May 31, 1999 (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 A 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 Coordination of
registration of the Fund with National Securities Clearing Corp.
("NSCC") and
filing required Fund/SERV reports with NSCC
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. 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.
III. 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.
WILSHIRE TARGET FUNDS, INC.
By: /s/ Xxxxxx X. Xxxxxxx
FIRST DATA INVESTOR SERVICES
GROUP, INC.
By: /s/ Xxxxxxx X. Xxxxx
